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<br />lI:XlIIBIT -A- <br />(page 1 of 2) <br /> <br />TO AN UNIMPROVED PROPERTY COMMERCIAL CONTRACT <br />BETWEEN THE ALDERSGATE TRUST, AS SELLER, <br />AND <br />THE CITY OF LA PORTE, A MUNICIPAL CORPORATION, AS BUYER <br /> <br />Anything to the contrary contained in the Unimproved Property <br />commercial Contract, to which this Exhibit nAn is attached, <br />notwithstanding, the parties agree as follows: <br /> <br />Seller shall, upon execution of the Contract, furnish Buyer with a <br />copy of any appraisals of the property, and any environmental <br />studies of the property. <br /> <br />The subject property is now improved with buildings from a former <br />nursing home facility. As a condition of closing, Seller, at <br />Seller's sole cost and expense, shall remove all of the <br />improvements from the surface, and subsurface, of the subj ect <br />property, with such work to be performed by a competent contractor, <br />with all necessary permits from the City of La Porte, and dispose <br />of the debris in sanitary landfill (s) licensed to receive such <br />debris. <br /> <br />Seller shall commence such demolition within thirty (30) days from <br />the effective date of this Contract, and pursue such demolition to <br />completion in an expeditious manner. Upon completion of demolition <br />and removal of all debris, the property shall be leveled and left <br />nrake clean". <br /> <br />Seller's demolition contractor shall be responsible for <br />coordination with Seller's asbestos consultant. Seller's <br />contractor shall perform asbestos abatement in accordance with <br />Texas Department of State Health Services (DSHS) regulations. <br />Seller's asbestos consultant shall be responsible for completion of <br />the required State Notification form and payment of appropriate <br />fee(s) when the abatement contractor is selected by the Seller. <br />The asbestos consultant shall be responsible for the Design and <br />Project Oversight in accordance with DSHS regulations. Upon <br />completion, Seller shall provide Buyer with a copy of the asbestos <br />consultant's written report confirming the abatement was performed <br />in compliance with applicable DSHS regulations governing building <br />demolition and asbestos abatement. <br /> <br />During the course of such demolition and removal, Buyer shall be <br />allowed to enter upon the property from time to time, and conduct <br />inspections, studies, or assessments, as provided for in Paragraph <br />7(B) (2), hereof. Buyer shall provide copies of reports of such <br />inspections, studies, or assessments, to Seller, and Seller shall <br />remediate any environmental hazards. <br /> <br />~ <br /> <br />,;~r-) <br />~ <br />