Amendment to Purchase Agreement Project: Del's Corner
Folio No(s): 52600080009
52600120008
52600160000
AMENDMENT TO AGREEMENT FOR SALE AND PURCHASE
6+6
THIS AMENDMENT TO AGREEMENT is entered into this D day of , 2020
by and between THERESA ACKERMAN, a widow (hereinafter referred to as "Seller"),
whose mailing address is 5610 Cynthia Lane, Naples, FL 34112 and COLLIER COUNTY,
a political subdivision of the State of Florida, its successors and assigns, whose address
is 3335 Tamiami Trail East, Naples, FL 34112 (hereinafter referred to as "Purchaser").
WITNESSETH
WHEREAS, the Seller and Purchaser have previously entered into an Agreement
for Sale and Purchase dated May 26, 2020 (the "Agreement").
WHEREAS, the Seller and Purchaser desire to amend the Agreement to extend
the closing and include the option for Purchaser to waive a contingency.
NOW, THEREFORE, and for and in consideration of the premises and the
respective undertakings of the parties hereinafter set forth, Purchaser and Seller wish to
amend the Agreement as follows:
1. Section I of the Agreement is amended as follows:
Closing is contingent to Purchaser closing on the 5.27 acres of property also
owned by Purchaser and located at 1936 Davis Blvd. (Folio No. 77510240008),
1933 Tamiami Trail East (Folio No. 77510200006), 1965 Tamiami Trail East
(Folio No. 00388480009), 1991 Tamiami Trail East (Folio No. 00388440007),
2000 Davis Blvd. (Folio No. 77510280000), 2054 Davis Blvd. (Folio No.
77510320009), Naples, FL 34112 as set forth in the Real Estate Purchasing
Agreement between Purchaser and Real Estate Partners International, LLC.,
effective May 9, 2016, as amended or otherwise superseded. However, should
Purchaser desire to waive this contingency through its Manager of the Real
Property Management or designee it may do so.
2. Section III of the Agreement is amended to add the following:
The time for closing of the transaction shall be extended for an additional
period of thirty (30) days, up to and including October 23, 2020. Purchaser
shall have an additional thirty (30) days for the inspection period in Section 6,
("Inspection Period"), up to and including October 23, 2020. The Manager of
the Real Property Management or designee is authorized to enter into an
additional thirty (30) day extension on behalf of the County without further
approval by the Board of County Commissioners until and including November
22, 2020. Purchaser shall have an additional thirty (30) days for the inspection
period in Section 6, ("Inspection Period"), up to and including November 22,
2020.
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3. Except as expressly provided herein, the Agreement 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 hereto executed this
Amendment the day and year first above written.
IN WITNESS WHEREOF, the parties hereto have signed below.
Project/Acquisition Approved by BCC: Of-A -a0.AD 11) 2
AS TO PURCHASER:
DATED: q I� Jao/a0
ATTEST: -' BOARD OF COUNTY COMMISSIONERS
RYS L K. KIN L, Clerk COLLIER UNTY, FLOR DA
BY: L"li 4—
`"; D p t '�el'�' 5- Burt L. Saunders, Chairman
AS TO SELLER: signature 4nl7.•
DATED: 3 ^fig - AO
WITNESSES:
i
BY Q
(Signature) Theresa Ackerman
(Printed Name)
414
(Signature)
-ADAM- c Jf(''/'j NSci✓
(Printed Name)
Approved as to form and legality:
Jenni . Belpedio,A$s'• tant County Attorney apa0
V S1
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