HomeMy WebLinkAboutContract 47758-A1 CITY SECRETARY Pr�
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FIRST AMENDMENT TO CONTRACT OF SALE AND PURCASE
(CITY SECRETARY CONTRACT NO.47758)
This First Amendment to Contract of Sale and Purchase(this "Amendment) is entered into
effective July 11, 2016, by and between Normandale, LLC, a Texas limited liability company
("Seller') and the City of Fort Worth, Texas, a home rule Municipal Corporation of the State of
Texas, acting by and through its duly authorized City Manager or Assistant City Manager
("Purchaser") (sometimes Seller and Purchaser are referred to herein individually as a`Tarty"and
collectively as the'Tartfes").
Whereas,the Parties entered into that certain Contract of Sale and Purchase dated Residential
Lot Contract identified as Seller's City Secretary Contract No.47758(the"Agreemenel;and
Whereas,the Parties desire to amend the Agreement, but only to the extent expressly set forth
herein.
Now, therefore, in consideration of the foregoing recitals and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as set
forth below.
1. Amendment. Section 6(a) of the Agreement is hereby amended by modifying the
Option Period from:(a)from the Effective Date until the date that is sixty(60)days after the Effective
Date; to(b) instead run from the Effective Date until 3:00 p.m. Fort Worth,Texas time on August 5,
2016.
2. Acknowledeement of Approval. Purchaser acknowledges that the condition
precedent to Purchaser's obligations under the Agreement that its governing body approve the
Agreement(pursuant to Section 6(axii)of the Agreement)has been fully satisfied.
3. Effect of this Amendment. This Amendment amends the Agreement solely to the
extent expressly set forth herein and this Amendment shall, except as set forth to the contrary in
Section 1 of hereof; be governed by the terms of the Agreement. The Agreement,as amended hereby,
is hereby ratified and confirmed in all respects. From and after the date hereof,all references to the
Agreement shall be deemed references to the Agreement as amended hereby.
4. Execution. This Amendment may be executed in two(2) counterparts which,when
taken together, shall constitute one'and the same document. Signatures sent hereon by e-maiUPDF
shall be binding and shall constitute original signatures for all purposes.
S. Capitalized Terms. All capitalized terms used, but not defined, in this
Amendment shall have the same meaning ascribed to these terms in the Agreement
[SIGNATURE PAGE FOLLOWS]
First Amendment to Contract of Sale and Purchase— Page 1 of 2
Normandale,LLC and the City of Fort Worth,Texas 66042
OFFICIAL DECO
CITY SECRETA
FT.WORTH,T
Seller:
Normandale,LLC,
a Texas limited liability company
Michael J. Mallick, Manager
Purchaser:
City of Fort Worth, Texas
By:
Jesus J.Chapa,Assistant eity Mana
s.
Attest: o� f®�
d
City Secret �C
APPROVED AS TO LEGALITY AND FOR
Y' "- yr�/-�
Assistant Ci Attorney
-St
N L RECORD CRETARY RTH, TX
First Amendment to Contract of Sale and Purchase— Page 2 of 2
Normandale,LLC and the City of Fort Worth,Texas 66042
Seller.
Normandale;ck,,a Texas 1' tbili ompany Mic el J. Manager
Purchaser:
City of Fort Worth,Texas
By:
Jesus J.Chapa,Assistant City Manager
Attest:
City Secretary
APPROVED AS TO LEGALITY AND FORM
Assistant City Attorney
A L RECORD
CRETARY
RTH, TX
First Amendment to Contract of Sale and Purchase— Page 2 of 2
Normandale,LLC and the City of Fort Worth,Texas 66042