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R2019-73 Resolution Amending the Real Estate Contract for Property Located in the 200-300 Blocks of East Orchard Street, the 200-300 Blocks of East Marietta Street and the 1000 Block of North Warren Street in the Wabash Crossing Redevelopment Area
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R2019-73 Resolution Amending the Real Estate Contract for Property Located in the 200-300 Blocks of East Orchard Street, the 200-300 Blocks of East Marietta Street and the 1000 Block of North Warren Street in the Wabash Crossing Redevelopment Area
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Last modified
1/13/2020 11:12:40 AM
Creation date
5/7/2019 5:52:47 PM
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Resolution/Ordinance
Res Ord Num
R2019-73
Res Ord Title
R2019-73 Resolution Amending the Real Estate Contract for Property Located in the 200-300 Blocks of East Orchard Street, the 200-300 Blocks of East Marietta Street and the 1000 Block of North Warren Street in the Wabash Crossing Redevelopment Area
Department
Econ and Com Dev
Approved Date
5/6/2019
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AMENDMENT TO CONTRACT OF SALE <br /> THIS AMENDMENT to the CONTRACT OF SALE previously entered into by the <br /> CITY OF DECATUR, an Illinois municipal corporation ("Seller") and the DECATUR MACON <br /> COLJNTY OPPORTLINITIES CORPORATION, an Illinois Not for Profit Corporation <br /> ("Buyer") is entered into under the consideration,terms and conditions previously entered into <br /> and is hereby amended as follows: <br /> 1. Paragraph 5 of the CONTRACT OF SALE shall be amended to extend the closing to <br /> sixty(60) days after the effective date of this AMENDMENT as follows, <br /> `5. Closing. The time and place of settlement("closing") shall be fixed by <br /> mutual agreement of the parties not more than sixty(60) days after the effective date of <br /> this Amendment.' <br /> with all rernaining language of Paragraph 5 remaining as set forth in the original CONTRACT <br /> OF SALE. <br /> 2. Exhibit A to the CONTRACT OF SALE previously entered into shall be amended to <br /> include an additional parcel 04-12-11-304-014. <br /> 3. All other terms and conditions of the CONTRACT OF SALE shall remain in full <br /> force and effect. <br /> DATED this �,-D`��' day of i� , 2019. <br /> SELLER: BUYER: <br /> CITY OF DECATUR DECATUR MACON COUNTY <br /> OPPORTUNITIES CORPORATION <br /> ��� . �+� � " <br /> B `� �� By: �� � 1 ' � <br /> � <br /> May Julie Moore Wolfe >� <br /> ,: <br />
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