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RESOLUTION 21-3226 <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />CASSELBERRY, FLORIDA, AUTHORIZING THE EXECUTION OF <br />A SIXTH AMENDMENT TO THE ACQUISITION AGREEMENT AND <br />OPTION TO PURCHASE BETWEEN CASTO CASSELBERRY, LLC <br />AND THE CITY OF CASSELBERRY; PROVIDING FOR CONFLICTS, <br />SEVERABILITY, AND EFFECTIVE DATE. <br />WHEREAS, the City Commission of the City of Casselberry entered into an agreement <br />for the development of the Lake Concord Project, the City of Casselberry Acquisition Agreement <br />and Option to Purchase (Acquisition Agreement) dated October 21, 2014 and recorded on <br />October 30, 2014 in O.R. Boole 8358, Page 5; and <br />WHEREAS, the Acquisition Agreement contains an option to purchase approximately <br />2.6 acres of commercial land on Lake Concord north of the Police Station at a fixed price of <br />$183,250 per acre, and <br />WHEREAS, the First Amendment to the City of Casselberry Acquisition Agreement and <br />Option to Purchase was approved by the City Commission via Resolution 14-2687, and is dated <br />January 15, 2015 and recorded on January 26, 2015 in O.R. Book 8402, Page 530; and <br />WHEREAS, the Second Amendment to the City of Casselberry Acquisition Agreement <br />and Option to Purchase was approved by the City Commission via Resolution 15-2793, and is <br />dated October 12, 2015 and recorded on November 16, 2015 in O.R. Book 8583, Page 1702; and <br />WHEREAS, the Third Amendment to the City of Casselberry Acquisition Agreement <br />and Option to Purchase was approved by the City Commission via Resolution 16-2868, and is <br />dated June 13, 2016 and recorded on June 16, 2018 in O.R. Book 8708, Page 1473; and <br />WHEREAS, the Fourth Amendment to the City of Casselberry Acquisition Agreement <br />and Option to Purchase was approved by the City Commission via Resolution 16-2899, and is <br />dated August 22, 2016 and recorded on August 24, 2016 in O.R. Book 8754, Page 813; and <br />WHEREAS, the Fifth Amendment to the City of Casselberry Acquisition Agreement <br />and Option to Purchase was approved by the City Commission via Resolution 18-3045, and <br />dated September 10, 2018 and recorded on September 24, 2018 in O.R. Book 9217, Page 1368; <br />and <br />WHEREAS, the fifth amendment was set to expire on December 31, 2020; and <br />WHEREAS, Casto Casselberry, LLC, delivered its "Takedown Notice" on December <br />24, 2020, to exercise its option to purchase the remaining property subject to the agreement; and <br />