2nd Amendment 10/15/2003
Cle" 0111le
Circul coun
Danny L. Kolhage
Phone: 305-292-3550 Fax: 305-295-3663
Memorandum
To:
Mark Rosch, Executive Director
Monroe County Land Authority
Isabel C. DeSantis" ~
Deputy Clerk )J/
From:
Date:
Tuesday, October 28, 2003
At the Board meeting on October 15, 2003, the Board approved the following:
Second Amendment to Agreement for the Purchase of Lands concerning the Quay
property.
Enclosed is a duplicate original ofthe subject document for your handling. Should
you have any questions concerning this matter, please feel free to contact this office.
Copies: Finance
County Attorney
File/
SECOND AMENDMENT TO
AGREEMENT FOR THE PURCHASE OF LANDS
This Second Amendment to Agreement for the Purchase of Land (the "Second Amendment")
is made and entered into as of the /S~h day of October, 2003 (the "Effective Date"), by and
between the Estate ofKonstantinos Boulis alkla Gus Boulis (hereinafter referred to as the "Seller")
and Monroe County (hereinafter referred to as the "County"), acting by and through the
Chairman/Mayor of the Monroe County Board of the County Commissioners.
WITNESSETH:
WHEREAS, the County and Seller entered into that Agreement for the Purchase of Lands
(the "Agreement"), dated November 20, 2002; and
WHEREAS, the Seller and the County have continually and actively undertaken their
respective analysis, investigations and Due Diligence as provided pursuant to the terms of the
Agreement; and
WHEREAS, the County and the Seller entered into that Amendment for Agreement for the
Purchase of Lands (the "Amendment") as of the 1ih day of May, 2003; and
WHEREAS, even after continually and actively undertaking and pursuing its research and
investigation, Seller has determined that an additional one hundred eighty (180) days is required; and
WHEREAS, Seller and County agree that the time for the Seller and/or the (the County to
terminate the Agreement shall be extended for an additional term of one hundred eighty (180) days
from November 15, 2003 on terms and conditions as hereinafter set forth.
NOW THEREFOR, in consideration of mutual promises and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the County and Seller
agree as follows:
1. The foregoing Recitals are true and correct and are hereby incorporated into this
Amendment.
2. Section 15 of the Agreement, as modified by the Amendment, is further modified to
provide that the time for the County to undertake Due Diligence and terminate the
Agreement, shall be extended for an equal number of days as provided to Seller in the
following paragraph.
3. Paragraph 16 of the Agreement, as modified by the Amendment, is further modified
to provide that the Seller's right to terminate the Agreement shall be extended for an
additional one hundred eighty (180) days from November 15,2003.
4. Paragraph 17 of the Agreement is confirmed so that if neither the County nor the
Seller have exercised their rights to terminate the Agreement as extended by this
Second Amendment, the Closing will occur within fifteen (15) business days after the
expiration of the County's and the Seller's rights to terminate this Agreement, as
extended by this Second Amendment.
5. Except as modified herein, all other terms and conditions ofthe Agreement continue
in full force and effect and are ratified in all respects.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed as oaf and year first above written.
TINOS BOULIS, a/k1a Gus Boulis
By:
Chris A. Economou as a and on behalf of
the Personal Representatives
Monroe County Board of County Commissioners, acting by and through its Chairman!Mayor has
executed this Amendment on behalf of Monroe County as of the J5'*.!tday of October 2003.
~~ >n ~.'-V
MONROECOUNTYCHAllUMAN~AYOR
1 J
. ,
; I.
Monroe County Board of County Commissioners
Approved as legal sufficient as to its legal
sufficiency
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L). --- . B~
BY:~aL.JC. &JjJMliW N~e~l1
Deputy Clerk Title:(County Attorney
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