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HomeMy WebLinkAboutPW08-133 - Other - 3rd Addendum - Lotto, Michael - Real Estate Purchase - 04/16/2008 KING COUNTY FLOOD HAZARD REDUCTION PROGRAM MULLEN SLOUGH PROJECT LOTTO PARCEL THIRD ADDENDUM TO REAL ESTATE PURCHASE AND SALE AGREEMENT This Addendum is made as of the date this instrument is fully executed by and between MICHAEL S.LOTTO,as his separate estate("Seller"),and THE CITY OF KENT,a municipal corporation of the State of Washington("Buyer"),and amends that certain Real Estate Purchase and Sale Agreement("Agreement')between the parties dated February 6,2008. 1. Paragraph 3(A)(i)of the Agreement is amended to read as follows: i. Buyer shall have until May 7,2008 to determine in Buyer's sole and absolute discretion,if the real property is feasible for investment and/or development by Buyer. Buyer agrees to assume all liability for and to defend, indemnify and save Seller harmless from all liability and expense(including reasonable attorneys' fees)in connection with all claims,suits and actions of every name,kind and description brought against Seller or its agents or employees by any person or entity as a result of or on account of injuries or damages to persons,entities and/or property receive or sustained,arising out of,in connection with or as a result of the acts or omissions of Buyer or its agent or employees in exercising its Real Estate Purchase and Sale Agreement rights under the right of entry granted in this Section,except for claims caused by Seller's negligence. Except to the extent inconsistent herewith,the Agreement is hereby confirmed and remains in full force and effect. Signed in duplicate original. BUYER: The City of Kent,a municipal corporation of the St of Washington. BY: tte ke,Ma r ate: AtZ4-04f murlenstoogb+ono ban 38a Page 1 of 3 04M#V8 SELLER: W�4�j� �. fo-08' M'chael S.Lotto Date STATE OF WASHINGTON) )SS. COUNTY OF KING ) I certify that I know or have satisfactory evidence that LkZ-�� %—Coa k-e- is the person who appeared before me,and said person acknowledged that S he signed this instrument,on oath stated that S he is authorized to execute the instrument and acknowledged it as the 1'`--\S= O ►� of the City of Kent to be the Gee apd oluntary act of such party for the uses and purposes mentioned in the instrument. Dated: r�' L� �o; ` 'A� Printed name =Ud Notary Public in and for the N % i0�eU`o = 2 " State of Washington 09`06 ��0 OP W A SNNL Residing at Pa C A ( C� My appointment expiresd mullenslough lotto knit lad Page 2 of 3 •04A)MB STATE OF WASHINGTON) )SS COUNTY OF KING ) On this L d clay of tR p R ` , 2008,before me, the undersigned,a Notary Public in and for the State of U.13 A , duly commissioned and sworn personally appeared Michael S. Lotto, to me known to be the individual described in and who executed the foregoing instrument, and acknowledged to me that he signed and scaled the said instrument as his free and voluntary act and deed for the uses and purposes therein mentioned. WITNESS my hand and official seal hereto affixed the day and year in this certificate above written. %%w11111111�� L L ' . ` Printed name �1O f 1 j j 1800�`` Notary Public in and for the State of Washington, residing at City and State My appointment expires mullcn%lough lotto kcnt Sad T'agc 3 of 3 03!09/OR a King County Water and Land Resources Division Department of Natural Resources and Parks King Street Center 201 South Jackson Street, Suite 600 Seattle, WA 98104-3855 206-296-6519 Fax 206-296-0192 M Relay: 711 April 11,2008 RE: LOTTO PROPERTY Joe, Enclosed is the signed third addendum for the LOTTO property. Please have it signed by the appropriate person in Kent and have it mailed back for the file. I will then supply Morgan Llewelyn,the agent,with a copy. Xs, a ubbard Project Manager/Acquisition Agent REQ VEST FOR MAYOR'S SIGNATURE KEN T Please Fill in All Applicable Boxes WASH IN G T O N Routing Information (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) Originator: `� Phone (Originator): 5YI8 Date Sent: % /s" Z8 Date Required: ,/ jg DD Return Signed Document to: a/ CONTRACT TERMINATION DATE: VENDOR NAME: DATE OF COUNCIL APPROVAL: Z! ZGO 7 Bri-eff Explanation/ of Document: / / 1� / / / J/ / 4,1 64-/q/� �C 4,q dt, �+d 1A 6 /�i'�F2�G�1� 7a►� G o A ,a it Yr✓ Ize- j&-4L-nd I-1Wd4v1,4,t4 oi rim/ /1 2X , 14 6,v- AfCn' X u -CX4%G,e>l /� �eaLd 7r� Cc.n�uce7C 7 �+tvircy-lwse.rTa� atJ.LtJJ,,a►af r" �174J �v,rc� w/�l QEI�MirCe 7QJ/AIII� 710 e- C44e, All Contracts Must Be Routed Through the Law Department (This Area to be Completed By the La",Department) Received: RECEIVED Approval of Law Dept.: APR 1 5 2008 /< Law Dept. Comments: KENT LAW DEPT 1>F"1I S\ �CL�(� tS P�Oarc�o��.v cLC��i 5�i C�SIS C��✓?� -�-�,.� �r�eJ� ��w'� W' ,•1 V VV-i •vY1 Date Forw1W^ arded to Mayor: 1iwp Shaded Areas to Be Completed by Administration Staff Received: Recommendations & Comments: Disposition: Mz l � Date Returned: . Iage5870 3;05