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Amendment to Sale & Purchase Contract #1 NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2540 50th Avenue NE, Naples, Fl34120 Folio Number: 38963040001 AMENDMENT TO SALE AND PURCHASE CONTRACT THIS AMENDMENT is entered into by and between COLUER COUNTY, a Political Subdivision of the State of Florida, (Seller) and PORTIA L. RIX, a single woman, (Purchaser). Purchaser and Seller entered into that certain "As Is" Contract for Sale and Purchase effective as of April 20, 2010 (the "Agreement"). Purchaser and Seller wish to amend the Agreement with the following terms and conditions: 1. Pursuant to the appraisal of the Property, the Purchase Price shall be reduced. Accordingly, Line 15, Line 20, Line 21, and Lines 115 through 117 of the Agreement shall be amended to reflect the following: a. $102,000.00. b. $77,982.00. c. $20,400.00. Line 15 of the Agreement is revised to reflect that the Purchase Price shall be Line 20 of the Agreement is revised to reflect that the loan Amount shall be Line 21 of the Agreement is revised to reflect that the "Other" amqunt shall be ...." d. Line 115 through Line 117 is revised to read: **Buyer will receive $30,600.00 from the Collier County Neighborhood Stabilization Program. Buyer will use $20,400.00 (20% of the Purchase Price) for Principal Reduction and the remaining balance of $10,200.00 will be used for closing costs, prepaid items and any discount points associated with the First Mortgage transaction. Except as expressly provided herein, the Agreement between the Purchaser and the Seller remains in full force and effect according to the terms and conditions contained therein, and said terms and conditions are applicable hereto except as expressly provided otherwise herein. IN WITNESS WHEREOF, the Purchaser and Seller have executed this Amendment as of the dates hereinafter stated. Date property sale approved by BCC: December 1, 2009, Agenda Item 17B Notice of Intent to approve Final Disposition approved by BCC: May 11, 2010, Agenda Item 16D1 DATED: 5/c;2.~ /d-{)/D. , SELLER: BOARD OF COUNTY COMMISSIONERS COLLIER OU TY, FLORIDA W. BY: Approved as to form and legal sufficiency: ~ ~'U~ Jennifer B. White, Assistant County Attorney 1 NEIGHBORHOOD STABILIZATION PROGRAM Properly Address: 2540 50th Avenue NE, Naples, Fl 34120 Folio Number: 38963040001 DATED: S/2)/doJO I PURCHAS;:~ ~Rn . 2 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Mlach to original document Original documents should be hand delivered to the Board Ofticc. The completed routing slip and original documcnl$ are to be forwarded to the Board Office only after lhe Board has tn!.;cn action on the item.) ROUTING SLIP Complete rouling lines # J through #4 a'i appropriate for additional signatures, dates, and/or inf6nnation needed If the document is already complete with the I # I I I kl d f (I # ex-.:cotion orthe Chairman's signature, draw a Ime through routing Imes # I throUgtl 4, complete t1C Clee 1St, an orward to Sue Filson Ine 5) RflUte to Addressee(s) Office Initials Date (1_ 51 in routing order) 1. ) 2. . ./ .' 3. . . /' 4. .'-.... .' .' '- .-.----.,.--- . 5. Ian Mitchell, BCC Office Board of County Commissioners ~ S~r;ltD Supervisor 6. Minutes and Records Clerk of Court's Office PRIMARY CONTACT INFORMATION (Th~ primary contacl is the holder of the original document pending Bee approval. NonnaJly the primary contact is the person who created/prepared the executive sutT'mary. Primary contact information is needed in the event aile orthc addressees above, including Sue Filson, need to contact staff for additional or missing information. All original documents needing the Bee Chairman's signature arc to he ddivcred to the Bee office only after the Bee ha~ acted to approve the item) Name of Primary Staff Contact Agenda Date Item was Ap roved by the BCe Type of Document Attached C) /l. A L'r - / "1 r;..;.:c, (' ~, o~ n Fe- f-P"'- _ ~ <... .o-c....-' "'--~Ll C' 2./ d 'vn c.."".:-r( /'// A--/..._....J /2..1, / :zco"{' T . 5/11 I <-wiO ' Phone Number Agenda Item Number I Yes N/A(Not (Initial) A licable) (f , ";-Yl , C- O ;J/~ c. I" _L_ hHms; County )-'(1111151 BCe Fonn\; OrigiJ1i11 UOClIIl1l;lltS Routing Slip \VWS Original l) {JJ.04, ]{tvisu] 12(,05, Rel'ised 2.21\.05, Revised 9.1 g09 /h1eN1::Oo/) C,0 Number of Original Documents Attached I. INSTRUCTIONS & CHECKLIST Initial the Yes column or mark "N/A" in the Not Applicable column, whichever is a ro riate. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman, with the exception of most letters, must be reviewed and signed by the Office ofthc County Attorney. This includes signature pages from ordinances, resolutions, etc. signed by the County At1omey's Office and signature pages from contracts, agreements, etc. that have been fully executed by all parties except the BCC Chairman and Clerk to the Board and possibly State Officials.) All handwritten strike-through and revisions have been initialed by the CountY' Attorney's Office and all other parties except the BCC Chairman and the Clerk to the Board The Chairman's signature line date has been entered as the datt: ofBCC approval of the document or the final negotiated contract date whic~ever is applicable. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's signature and initials arc required. In most cases (some contracts are an exception), the original document and this routing slip should be provided to Ian Mithchell in the BCe office within 24 hours ofBCC approval. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware:z~ur d~lines! The document was approved by the BC-C--~';~?jlZ~5 __~ ctil"{Thfrj and all changes made during the meeting have heen incorporated in lC attached document. The County Attorney's Office has reviewed the c~angcs, if applicable: ~__~_...__.__~_____ ~ 3. 4. 5. 6.