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HomeMy WebLinkAboutPK15-136 - Amendment - Eretz Capital LLC - Feasibility Contingency Extension - 04/20/2015 RecordsM rye m e� KENT _ Document WASHINGTON 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: EV(t 7. Vendor Number: ]D Edwards Number Contract Number: ( This is assigned by City Clerk's Office Project Name: Vacant Land Purchase and Sale Agreement Description: ❑ Interlocal Agreement ❑ Change Order ® Amendment ❑ Contract ❑ Other: Contract Effective Date: 3/25/15 Termination Date: 5/1/15 - NEW Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Brian Levenhagen Department: Parks Planning & Dev. Contract Amount: $75.000.00 Approval Authority: ❑ Department Director ❑Mayor ®City Council Detail: (i.e. address, location, parcel number, tax id, etc.): 2nd Extension of feasibility contingency period Tax parcel #222204-9111 (Old Fire Station Park property) at 3536 South 252" Street in Kent. Buyer is Eretz Capital LLC Division Contract #PPD15-06 adccW10877 8 14 Authentisign le:C0732EA4-e5A1 A H28-A8a4-8F7Ae8FCE13B Form 34 ©Copyright 2010 Addendum/Amendment to P&S Northwest Multiple Listing Service Rev.7110 ALL RIGHTS RESERVED Page 1 of 1 ADDENDUM!AMENDMENT TO PURCHASE AND SALE AGREEMENT The following is part of the Purchase and Sale Agreement dated March 17,2015 1 between Eretz Capital LLC and/or assigns ("Buyer')2 Buyer Buyer and City of Kent ("Seller")3 Seller Seller concerning 3536 S 252nd Street Kent NVA 98032 (the "Property").4 Address city stale ZIP IT IS AGREED BETWEEN THE SELLER AND BUYER AS FOLLOWS: 5 Feasibility contingency is extended through April 24, 2015. 6 7 Closing date is changed to "on or before May 1, 2015.11 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 I ALL OTHER TERMS AND CONDITIONS of said Agreement remain unchanged. 31 loml 04/14/2015 �ors r , Buyer's Initials Date Buyer's Initials Date Seller's Initials Date Seller's Initials Date REQUEST FOR MAYOR'S SIGNATURE T Print on Paper Routing Information (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) , Approved by Director Originator: Lynn Osborn Phone (Originator): 5111 Date Sent: 4/17/15 Date Required: 4/20/15 Return Signed Document to: Lynn Osborn Contract Termination Date_:_5/1/2015 VENDOR NAME: Date Finance Notified: (Only required on contracts 1.0 000 and over or on any Grant DATE OF COUNCIL APPROVAL: Date Risk Manager Notified: 4/7/15 (Required on Non-City Standard Contracts Agreements Has this Document been Specifically Account Number: P21012 Authorized in the Budget? Q YES 0 NO Brief Explanation of Document: An amendment to the Vacant Land Purchase and Sale Agreement for tax parcel number 222204-9111 (Old Fire Station Park property) at 3536 South 252nd Street in Kent, which was executed 3/25/2015 with buyer Eretz Capital LLC. This amendment extends the buyer's feasibility contingency period through April 24, 2015 and changes the closing date to "on or before May 1, 2015". I All Contracts Must Be Routed Through The Law Department (This area to be completed by the Law Department) Received: Approval of Law Dept.: I Law De t. Comments: I Date Forwarded to Mayor: 4JI Shaded Areas To Be Completed By Administration Staff R eceived: mmendations and Comments: i . Date Returned: aecmmra rs ooNmm womn..oa"=eucsi mr iamore s samra.eo�,