HomeMy WebLinkAboutCAG2020-086 - Amendment - #4 - PacMet Property LLC - Signature Pointe Milwaukee II Levee - 959 5th Ave S - Parcel No. 000660-0102 - 09/28/2020Agreement Routing Form
For Approvals, Signatures and Records Management
Approval Originator: Department:
Date Sent: Date Required:
Authorized
to Sign:
Director or Designee
Mayor
Date of
Council
Approval:
Budget
Account
Number:
Grant?
Type:
Yes No Agreement Information Vendor
Name: Category:
Vendor
Number: Sub-Category
Project
Name:
Project
Details:
Agreement
Amount:
Basis for
Selection of
Contractor:
Start Date:Termination Date:
Notice required prior to
disclosure? Yes No Review/Signatures/Routing Date Received by City Attorney: Comments:
Date Routed to the Mayor’s Office:
Date Routed to the City Clerk’s Office:
Date Sent to Originator:
Visit Documents.KentWA.gov to obtain copies of all agreements
This form combines & replaces the Request for Mayor’s Signature and Contract Cover Sheet forms.
(Print on pink or cherry colored paper)
Contract Number:
adccW22373_6_19
9/28/2020 OK to sign, 9/28/2020, TW.
CAG2020-086
FOURTH AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENTWITH EARNEST MONEY PROVISIONThis Fourth Amendment ("Fourth Amendment") amends the March t0, 2020Purchase and Sale Agreement, together with the May 7, 2020 Amendment, the May28,2O2O Second Amendment, and the July L6,2020 Third Amendment (collectivelythe "Agreement"), between the CITY OF KENT, a Washington municipal corporation("Buyer"), and PACMET PROPERTY LLC, a Washington limited liability company("Seller"), regarding the sale of a portion of the property known as 959 5th AvenueS., Kent, WA 98032 (King County Tax Parcel Number 000660-0102) (the "Property").IT IS AGREED BETWEEN THE BUYER AND SELLER AS FOLLOWS:1. The date of Closing shall be extended until 5:00 PM, October L5, 2O2O.2. The acquisition of this property by the Buyer from the Seller is beingmade under threat of condemnation and is exempt from Real Estate Excise Taxpursuant to WAC 458-614-206.All other terms and conditions of the Agreement, as previously amended,remain unchanged.IN WITNESS WHEREOF, the parties hereto have executed this Amendment onthe date set forth below.BUYER:CITY OF KENTSELLER:PACMET PROPERTY LLCName: Dana RalphName:Title: MavorTitle:DateDate:NamTitleDate:,/FName:Josh VanHoosenTitle: AA4^'-b,',-Date: q-?t -?.o.< i".Page 1 - Fourth Addendum to Purchase & Sale Agreement09/28/2020