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tittle Canada City Council <br />14 July 1987 <br />Page Three <br />• <br />If you choose to restructure the project, we still must deal with Mr. and <br />Mrs. Wright and Mr. Frattalone. I believe Mr. Frattalone will be ready to sign <br />the development contract. If he is ready, then the City could authorize the purchase <br />agreement with Mr. and Mrs. Wright. They refused to sign the purchase agreement <br />without the City first signing the agreement. <br />The purchase agreement with the Wrights is in its second revision. They are now <br />requesting or demand that the City pay the outstanding water special assessment <br />of approximately $780.00, as well as paying abstracting cost, state deed tax and <br />mortgage registration tax. I informed them that I could not make a commitment to <br />them, but I would prepare the purchase agreement to reflect this change. <br />Please call be with any questions at 448 -4630. <br />cc: Robert Voto <br />Joe Chlebeck <br />David Licht <br />Thomas Sweeney <br />Page 16 <br />