14-2687 Authorizing Execution of First Amendment to Acquisition Agreement and Option to Purchase with Casto Casselberry, Inc.

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RESOLUTION 14-2687 A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, AUTHORIZING THE EXECUTION OF A FIRST AMENDMENT TO THE ACQUISITION AGREEMENT AND OPTION TO PURCHASE BETWEEN CASTO CASSELBERRY, LLC, AND THE CITY OF CASSELBERRY; PROVIDING FOR CONFLICTS, SEVERABILITY, AND EFFECTIVE DATE. WHEREAS, the City Commission of the City of Casselberry entered into an agreement for the development of the City Center Project, the City of Casselberry Acquisition Agreement, dated Oct. 21, 2014, and recorded in O.R. Book 8358, page 0005 et seq., and the parties now desire to amend that agreement to extend certain due dates. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF CASSELBERRY, FLORIDA, AS FOLLOWS: SECTION I. The City Commission of the City of Casselberry hereby approves the First Amendment to the Acquisition Agreement and Option to Purchase with Casto Casselberry, LLC., (attached hereto as "Exhibit A"), and authorizes the Mayor to execute said Agreement on behalf of the City. SECTION II. Conflicts. All Resolutions or parts of Resolutions in conflict with any of the provisions of this Resolution are hereby repealed. SECTION III. Severability. If any Section or portion of a Section of this Resolution proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the validity, force, or effect of any other Section or part of this Resolution. SECTION IV. Effective Date. This Resolution shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED this 1.` day of L LLJa=t,�A.D., 2014. A -EST: J onna G. Gardner, City Clerk Charlene Glancy Mayor/Commissioner