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Letter regarding sale of assets - Asset Purchase Transaction

Plano Texas Letter regarding sale of assets - Asset Purchase Transaction

Category:

Small Business - Business Sale

State:

Multi-State

City:

Plano

Control #:

US-00210

Format:

Instant download

Description

Letter re: sale of assets - Asset Purchase Transaction. The purpose of this letter is to outline the manner in which Buye, purposes to purchase certain assets of Selller. Buyer and Seller recognize that the transaction will require further documentation and approvals, including the preparation and approval of a formal agreement setting for the terms and conditions of the proposed purchase in more detail the "Purchase Agreement"); but buyer and Seller execute this letter to evidence their intention to proceed in mutual good faith.

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The median property value in Plano, TX was $358,100 in 2021, which is 1.46 times larger than the national average of $244,900. Between 2020 and 2021 the median property value increased from $341,800 to $358,100, a 4.77% increase.

Plano (/?ple?no?/ PLAY-noh) is a city in the U.S. state of Texas, where it is the largest city in Collin County. Plano is also one of the principal cities of the Dallas-Fort Worth metropolitan area.

Plano is the headquarters of Frito-Lay, a division of Pepsico. Heritage Farmstead Museum occupies a former sheep ranch. Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September.

Plano Demographics White: 55.55% Asian: 22.68% Two or more races: 9.2% Black or African American: 9.02%

Quality medical care facilities, superior educational opportunities, and excellent recreational and cultural amenities contribute to the quality of life for Plano's citizens.

In 1994, the city was recognized as an All-America City. By 2000, the population grew to 222,030, making it one of the largest suburbs of Dallas. Plano is surrounded by other municipalities and therefore cannot expand in area, and there is little undeveloped land remaining within the city limits.

Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September. Inc. 1873.

In a recent SmartAsset study, Plano ranked #9 for the wealthiest middle class. The median salary for a Plano resident is $95,002. In a SmartAsset study of the median household income in America's largest 100 cities, Plano ranked #9 for the most wealthy middle class.

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Submit this form to inform us of multi-family property information and emergency contacts. Plano 9-1-1 Customer Satisfaction Survey.Find building inspection permits and resources, and learn what kind of building permit you need in the City of Plano. All of our forms are online so you can fill them out online and then submit them to us without ever coming to the office. Sign up for email updates from the City of Plano, including information on big events and upcoming traffic and parking restrictions. Landlords or Management companies that need to update their information should complete the three forms below. Plano ISD Is Leveling Up with Skyward Family Access Skyward Family Access. Online registration for new students is now available on this page. Completing a One Medical Passport medical history online is easy. For most patients, filling out the entire questionnaire takes less than 30 minutes.

Plano Texas Letter regarding sale of assets - Asset Purchase Transaction

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