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15-2793 Second Amendment to Acquisition Agreement & Option to Purchase - Casto Casselberry LLC
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15-2793 Second Amendment to Acquisition Agreement & Option to Purchase - Casto Casselberry LLC
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11/17/2015 10:51:23 AM
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11/17/2015 10:51:17 AM
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City Clerk - Doc Type
Resolutions
City Clerk - Date
10/12/2015
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15-2793
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RESOLUTION 15 -2793 <br />A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, <br />AUTHORIZING THE EXECUTION OF A SECOND AMENDMENT TO <br />THE ACQUISITION AGREEMENT AND OPTION TO PURCHASE <br />BETWEEN CASTO CASSELBERRY, LLC, AND THE CITY OF <br />CASSELBERRY; PROVIDING FOR CONFLICTS, SEVERABILITY, AND <br />EFFECTIVE DATE. <br />WHEREAS, the City Commission of the City of Casselberry entered into an agreement <br />for the development of the City Center Project, the City of Casselberry Acquisition Agreement <br />and Option to Purchase, dated October 21, 2014, and recorded in O.R. Book 8358, Page 5, which <br />was amended by First Amendment to City of Casselberry Acquisition Agreement and Option to <br />Purchase dated January 15, 2015, and recorded in O.R. Book 8402, Page 530, and the parties <br />now desire to amend that agreement to 1) extend some of the due dates and to provide for <br />automatic extensions; and 2) amend the legal description of the property to be conveyed to Casto <br />Casselberry, LLC. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF CASSELBERRY, <br />FLORIDA, AS FOLLOWS: <br />SECTION I. The City Commission of the City of Casselberry hereby approves the <br />Second Amendment to the City of Casselberry Acquisition Agreement and Option to Purchase <br />with Casto Casselberry, LLC (attached hereto as "Exhibit A "), and authorizes the Mayor to <br />execute said Second Amendment on behalf of the City. <br />SECTION II. Conflicts. All Resolutions or parts of Resolutions in conflict with any of <br />the provisions of this Resolution are hereby repealed. <br />SECTION III. Severability. If any Section or portion of a Section of this Resolution <br />proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the <br />validity, force, or effect of any other Section or part of this Resolution. <br />SECTION IV. Effective Date. This Resolution shall become effective immediately <br />upon its passage and adoption. <br />PASSED AND ADOPTED this '# day of , A.D., 2015. <br />ATTEST: <br />Donna G. Gardner, City Clerk <br />Charlene Glancy <br />Mayor /Commissioner <br />
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