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HomeMy WebLinkAbout2016-2756.19SEC'OND AIAIENI)MENT'ro PURCHASE AGREEMENT his Second Amendment to Purchase A( greernent ("Arneildinerit") is made thLs -, day of 6 by and between Anoka COUIlty Community Action Program, file,, a201 Minnesota nonprolit corporation (the "Seller") and the Columbia Heights Economic Development Authority, a 1\4innesota public body corporate and politic (the "Buyer'). WHEREAS, the Seller and the Buyer entered into that certain Purchase Agreci-rent dated as of May 26, 2016 (the "Agreement") providing for the conveyance by the Seller to the Buyer of certain property at 4641/4643 Polk. Street located in the City of Columbia Heights, Anoka County, Minnesota and legally described as ]allows: That part of Lot 23 lying north of the South 20 1&.et of the SD Lot 23 and scat 24, Block 1, Sheffields 2nd Subdivision, County of Anoka, State of Minnesota the "Property"); and WHEREAS, on August 31, 2016, the parties entered into the First Arnendrimit to Purchase Agreement in order to extend the closing date to October 31, 2016 (tile 1 first Amendment"); and TIEREAS, due to unanticipated delays, the parties have detert-nifled to further extend the deadline for closing on the conveyance of the Property. NOW, '14-fEREIFORE, in consideration of the premises and the mutual obligations of the Parties hereto, each of them does hereby coveriant, and agree with the other as follows: I . Amendment to Paragraph 7 of thgAg[eernerrt. paragraph 7 of the Agreement is arriended as follows: CLOSING DATE. The closing of the sale of the Property shall take place on or before December 30, 2016 unless otherwise I-nUtUally agreed by the parties. 1"he closing Shall take Place at Columbia Heights City Hall, located at: 590 40'' Avenue NE in Columbia Heights, Minnesota or such other location as mutually agreed upon by the parties. 2. Miscellaneous, Except as amended by this Amencin-ient, the Agreement shall remain in U1 force and effiect. Remainder ofthis page intentionally left blank.) 4890590 'USCL205-02 IN WITNESS WHEREOF, the PatlieS k1W CXeCLIted this Semid Amelldillellt to Pul-chaseAge,emem as ofthe date Nvilttell above. SELLER AN01" COUNTY COMM U?IJ'I'y ACTION PROGRAM, INC, BN: lts:P-atrick-JAcFarLand--..--.-- Executive Director BUYER COLUM131A HEIGHTS ECON OM I C 1) EVELOPM 1'N T A (JTIJORITY By: Its: Vice President By: Its: Exmllive Dii-ectot• 189059vi SISCI,205-62