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HomeMy WebLinkAboutPW15-399 - Amendment - #4 - Richard & Partners, LLC - Ramada/224th St Extension & Overpass Project - 08/26/2016 Q Records M � :� �4 � d , EY p`� HINOTON - ''�"` z s s _ ®�1.uG C -0ent COHYRACT COMER SHRElf' This is to be completed) by the Contract Manager prior to submission to City Clerks Off ice4 All portions are to be completed. Xff you have questions, please contact city Clerk's ©ffffiice� } Vendor Humber. �.� �� '�? C; JD Edwards Number Contract V\Juumber. &Ei— ei aG� This is assigned by City Clerk's Office Project lName: '-�� � � � fit ? .w Description. ❑ Interlocal Agreement ❑ Change Order p g g mendment ❑ Contract ❑ Other: Contiraact Gffffective Date. Termination DDate.n v.i of rL` contract Renewal Hotice (Days). Number of days required notice for termination or renewal or amendment Contract Manager: !i', !I �,� De artmraeat.p �_f�, � C ^ � ( �- , a ,f s_ Contract, Amount, Approval Authority- ❑ Department Director ❑Mayor ❑City Council Detail. (i.e. address, location, parcel number,, tax icd, etc ). kr �r �# 7 l i°� } t adccW10877_8_14 Form 34 ®Copyright 2010 Addendum/Amendment to P&S Northwest Multiple Listing Service Rev,7110 ALL RIGHTS RESERVED Page 1 of t FOURTH ADDENDUM f AMENDMENT TO PURCHASE AND SALE AGREEMENT i The following is part of the Purchase and Sale Agreement dated December 22, 2015, the First Addendum dated February 28,2016, the Second Addendum dated April 11, 2016, and the Third Addendum dated May 20, 2016 between City of Kent ("Buyer')2 Bt", Buym and Rlchard & Partners LLC ("Seller")3 s.11 . Sauer concerning 22318 84t"Avenue South Kent WA King county parcel No. 775780-0010 (the"Property").4 Address Gly SWO ]Zp IT IS AGREED BETWEEN THE SELLER AND BUYER AS FOLLOWS: 5 Section 9 is hereby replaced as follows: 7 Section 9. CLOSING OF THE SALE, WITH THE UNDERSTANDING 8 9 THAT TIME IS OF THE ESSENCE FOR THIS AGREEMENT, this sale shall be 10 11 closed by December 30, 2016, or sooner, which shall also be the 12 13 termination date of this Agreement, unless said Closing date is extended 1a in writing by mutual agreement of the parties. When notified, the Buyer 15 16 and Seller will deposit, without delay, in escrow with First American Title 17 18 and Escrow (Escrow Agent), all instruments and monies required to 19 complete the transaction in accordance with this Agreement. Closing for 21 the purpose of this Agreement, is defined as the date that all documents 22 23 are executed and the sale proceeds are available for disbursement to the 24 25 Seller. 26 27 28 29 30 ALL OTHER TERMS AND CONDITIONS OF said Agreement remain unchanged i 31 , r Buyers Initials ate 13uyefs Initials Date Seller's initials Data Seller's Initials Dale REQUEST FOR MAYOR'SSIGNATURE T• . . . + hs RotrUng Information (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) Approved by Director— Originator: Michelle Novak t Phone (Originator): 253-856-5544 Date Sent:8/22/2016 Date Reg ui red:6r26r2018 Return Signed Document to:IngridWtlimsDixon ' Contract Termination Date;08/3112016 VENDOR NAME: Date Finance Notified: Ramada (Only required on contracts 10 ODD and over or on any Grant DACE OF COUNCIL APPROVAL: Date Risk Manager:Notified: 11/17/2015 tReguited on Non-City standard Contracts/A reements Has this Document been Specificall Account Number: Authorized in the Budget? YES NO Brief Explanation of Document: Fourth Addendum/Amendment to Purchase and Sale (Ramada Hotel). For 224th East Leg Phase I Construction East Leg Corridor. Seller: Richard &partners, LLC Buyer: City of Kent All Contracts Must Be Routed Through The Law Department af� .i. i p#ete the Law Department) � Received: Approval of Law Dept.; <(�)i. 2, 6 r x Law Dept. Comments: Bate forwarded to Mayor: Shaded Areas To Be Completed By Administration Staff Received: Recommendations and Comments: P iGlali OLamttYFlauessngrRegoert(or 6layms5r9nl .dJa st {Fh>f s Y'3 "o