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recommendations (www.des.nh.gov) to ensure a safe water supply if the subject
property is served by a private well.

(c) LEAD PAINT. Before 1977, paint containing lead may have been used in
structures, The presence of flaking lead paint can present a serious health hazard,
especially to young children and pregnant women. Tests are available to
determine whether lead is present.

TO SELLER: Rachel M. and James L. Tebbetis
37 Indian Rock Road
Nashua, New Hampshire 03063

Joyce and Richard L. St. Pierre
2559 E. Elmwood Street
Mesa, Arizona 85213

Cynthia Landry
38 Buckmeadow Road
Nashua, New Hampshire 03062

TO BUYER: City of Nashua

(dq)

(e)

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Attn: Steven Bolton, Esquire
229 Main Street
Nashua, NH 03060

judgments, or liabilities of any kind advanced by persons claiming real estate brokerage fees
through the indemnified party. The indemnities set forth in this Section shall survive closing.

12. PERSONAL PROPERTY INCLUDED. N/A. Land only.
13. ADJUSTMENTS, PRORATIONS AND CLOSING COSTS.

(a) Real Estate taxes, assessments, special assessments, rents, water bills, sewer,
utilities and condominium association fees, shall be prorated as of the Closing,
and the Selling price shall be adjusted accordingly.

These representations shall survive the Closing.

Other than the representations contained above and the warranty of the proposed
Warranty Deed, Seller makes no representation or warranty as to fitness, merchantability,
condition or use of the Premises for any particular purpose as the Premises is sold “AS-IS”.

9, DEFAULT AND REMEDIES. In the event that Buyer defaults in the performance of its
obligations hereunder, Seller shall be entitled to retain the Deposit, if any, as reasonable
liquidated damages.

8. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller represents and
warrants to Buyer that the following are true as of the date of this Agreement and will be true as

of the Closing:

(a)

(b)

(c)

(d)

(e)
(f)

(g)

(h)

Q)

The Premises are not the subject of any existing cease and desist orders,
enforcement actions, or any federal, state of local code enforcement violations.

REAL ESTATE PURCHASE AND SALE AGREEMENT

LEGISLATIVE YEAR 2021

RESOLUTION: R-21-117

PURPOSE: Amendment to R-20-083 “Authorizing the acquisition of
property at 36 Buckmeadow Road, Tax Map C, Lot 762 for a
purchase price of $370,000”

SPONSOR(S): Alderman Richard A. Dowd

COMMITTEE

ASSIGNMENT: Planning and Economic Development Committee

FISCAL NOTE: The fiscal impact of this legislation is the same as R-20-083 and

includes the cost of acquiring the property ($370,000).

ANALYSIS