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14-2687 Authorizing Execution of First Amendment to Acquisition Agreement and Option to Purchase with Casto Casselberry, Inc.
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14-2687 Authorizing Execution of First Amendment to Acquisition Agreement and Option to Purchase with Casto Casselberry, Inc.
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
12/8/2014
Doc Number
14-2687
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Exhibit A <br />PREPARED BY AND RETURN TO: <br />Catherine D. Reischmann, Esq. <br />Brown, Garganese, Weiss & D'Agresta, P.A. <br />I I I N. Orange Ave., Suite 2000 <br />Orlando, FL 32801 <br />FIRST AMENDMENT TO <br />CITY OF CASSELBERRY ACQUISITION AGREEMENT <br />AND OPTION TO PURCHASE <br />g�-/�This First Ame dment quisition Agreement (the "Amendment") is entered into as of <br />the dl. � day of A 201'45(the "Effective Date"), by and between CASTO <br />CASSELBERRY,C, a Flo ' a limited liability company ("Casto"), and the CITY OF <br />CASSELBERRY, Florida municipal corporation ("City") (with Casto and the City being <br />collectively referred to as the "Parties" and sometimes referred to individually as a "Party"). <br />RECITALS: <br />WHEREAS, the Parties entered into that certain Acquisition Agreement and Option to <br />Purchase dated as of October 21, 2014 (the "Agreement"), and recorded on October 30, 2014, in <br />O.R. Book 8358, Page 5, Public Records of Seminole County, Florida; and <br />WHEREAS, the Parties agree that some of the deadlines set forth in the Agreement need <br />to be extended. <br />NOW, THEREFORE, in consideration of the premises and mutual covenants herein <br />contained, the Parties agree as follows: <br />1. The above Recitals are true and correct, are incorporated herein by reference and <br />form a material part of this Amendment. <br />2. The Parties agree that the following deadlines or due dates referenced in the <br />Agreement (except the Effective Date) are hereby extended by ninety (90) days from the original <br />due date: <br />Agreement Term <br />Original Due Date <br />New Due Date <br />Environmental Assessment <br />Sec. 3.4 <br />December 5, 2014 <br />45 days from ED <br />March 5, 2015 <br />
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