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Home My WebLink AboutLW13-111 - Amendment - #5 - Healthpoint - Kent Resource Center Purchase & Sale - 04/12/2013 Records M,�apftig' em`e KENT\Z WASHINGTON I Document CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to City Clerks Office. All portions are to be completed. If you have questions, please contact City Clerk's Office. Vendor Name: Healthpoint Vendor Number: JD Edwards Number Contract Number: /14)/ 3- III This is assigned by City Clerk's Office Project Name: Kent Resource Center Description: ❑ Interlocal Agreement ❑ Change Order ® Amendment ❑ Contract ❑ Other: Amendment No. 5 Contract Effective Date: April 12, 2013 Termination Date: June 13, 2013 Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Kim Komoto Department: Law Detail: (i.e. address, location, parcel number, tax id, etc.): Fifth Addendum to Purchase and sale agreement dated April 12, 2013. This Addendum waives the feasibility contingency and details the agreement of the seller paying for all costs up to $25,000 associated with the removal of the underground fuel oil tank. C f S Publlc\RecordsManagement\Forms\ContractCover\adcc7832 1 11/08 I NAI Puget Sound Properties 0commercial BrokersiyA T, / AsscaaUan 2011 (; Puget Sound 00108'b Avenue NE, Suite 340 ALL RIGHTS 1 Bellevue, WA 98004 RESERVED Properties Phone (425) 586-5600 Cl Form PSA Fax' (425)455-9138 Addendum/Amendment to PSA Rev 112011 Page 1 of 1 FIFTH ADDENDUMIAMENDMENT TO I PURCHASE AND SALE AGREEMENT CBA Text Disclaimer Text deleted by licensee indicated by strike New text inserted by licensee indicated by small capital letters The following Is part of the Purchase and Sale Agreement dated April 12,2013 (the"Agreement") between Healthpoint, a Washington non-profit corporation ("Buyer")and City of Kent a municlple corporation ("Seller') regarding the sale of the property known as 201 State Avenue North, Kent. Washington (the"Property"), IT IS AGREED BETWEEN THE BUYER AND SELLER AS FOLLOWS 1 BUYER HEREBY WAIVES THE FEASIBILITY CONTINGENCY CONTAINED IN SECTION 5 OF THE AGREEMENT 2 SELLER HEREBY AGREES TO PAY ALL COSTS UP TO AN AMOUNT NOT TO EXCEED $25,000.00 ASSOCIATED WITH REMOVAL OF THE UNDERGROUND FUEL OIL TANK ON THE PROPERTY AND RELATED CONTAMINATED SOIL DISPOSAL, AND ALL RELATED COSTS TO RESTORE THE SITE TO ITS CONDITION PRIOR TO REMOVAL OF THE TANK SELLER HEREBY t APPROVES THE INVOICE NO 20 1 3061 3 1 3A FROM BUDGET ENVIRONMENTAL SERVICES DATED JUNE 13, 2013 IN THE AMOUNT OF$14,306 28 FOR PAYMENT BY ESCROW FROM SELLER'S PROCEEDS AT CLOSING SAID AMOUNT SHALL BE CREDITED AGAINST THE ABOVE REFERENCED$25,000 ALLOWANCE AND THE REMAINING FUNDS SHALL BE AVAILABLE TO BUYER FOR A PERIOD OF SIXTY(60) DAYS AFTER CLOSING FOR THE PAYMENT OF ALL REMAINING RESTORATION EXPENSES TO RECEIVE PAYMENT FOR SAID REMAINING RESTORATION EXPENSES BUYER SHALL OBTAIN SELLER'S I WRITTEN APPROVAL OF ANY BID FOR SAID WORK PRIOR TO COMMENCEMENT OF SAID WORK AT SELLER'S OPTION SELLER CAN ELECT TO COMPLETE SAID RESTORATION WORK AT THEIR SOLE COSTAND EXPENSE t t ALL OTHER TERMS AND CONDITION of t5 he Agreement remain nchanged INITIALS Btryer Date k5/ I� Seller Date 13 Buyer Date Seller Date FEW - -" REQUEST FOR MAYOWS SIGNATURE' T Pl=>�ase Fill in All A It ble ff&eg- oPa# ir.kPq# �A_vle ed by p[re W Ori tnator's Narn�Kim Komoto De t Dlv, Law.,,.=C-xtenslon. 578$ Date ent: June 7 2013 Worn to., Kim Komoto - - CfliUTRACT��N[��I,t�T�tli i ��,�r� a 1� -161-3 T kl ri={I a itF� oi�tt" OA OF COUNCI �*C?TS ROVAU400e " 01 t1T �� NA�C � - �fi� i kte TIE COUNCIL MO E � Brief pl ttc�n of DocuA eInt. A00e dum to Purchase and `Sale Agreement-extend in� tke -feasibility expiration d 'tQ Jule 14, 2013. 25 x =- All Confraet #Be Routed Thrvu h The Carri t - `_ ___ �a i zfeted by the Law Department) - r Received: A qal,of Law Dept.: App _ p - Law Dept. Comments: 'UH 0 >r= KY W Kent Date 1 ar ar€ied to l i yor: t bf-th _ ZA Shaded A _T©'fie Completed By Acfaf Istration$!f f ; =MO = OLD Received; =__'__ Recommendations and Commentst ==- Dl$positivn: -Date Returned.