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Resolution 13-EDA-279
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Resolution 13-EDA-279
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Last modified
8/10/2022 11:21:58 AM
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7/23/2013 12:54:54 PM
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EXHIBIT A <br /> FIRST AMENDMENT TO PURCHASE AGREEMENT <br /> THIS FIRST AMENDMENT TO PURCHASE AGREEMENT (the "First Amendment"), <br /> is made and entered into this 11th day of July, 2013, by and between Goff Holdings, LLC, a <br /> Minnesota limited liability company (the "Seller"), and the Mounds View Economic Development <br /> Authority,a public body corporate and politic under the state of Minnesota(the"Buyer"). <br /> WITNES SETH: <br /> WHEREAS, the parties did execute and enter into that certain document entitled <br /> "Purchase Agreement" dated as of May 13, 2013 (the "Agreement") which provides for the sale <br /> and transfer of certain real estate located at 2400 County Road H2, Mounds View, Ramsey <br /> County, Minnesota, and legally described as: <br /> The North 363 feet of the West 330 feet of the Northeast 1/4 of the Southwest 1/4 <br /> of Section 8, Township 30, Range 23, Ramsey County, Minnesota (the <br /> "Property"). <br /> and <br /> WHEREAS, subsequent to the execution and delivery of the Agreement, the parties have <br /> determined that it is necessary and desirable to make certain modifications to the Agreement in <br /> order to effectuate the transfer contemplated therein. <br /> NOW, THEREFORE, in consideration of the mutual covenants and obligations herein <br /> contained and pursuant to Paragraph No. 23 of the Agreement,the Agreement is hereby amended in <br /> the following respects consistent with the Agreement. <br /> 1. Incorporation of Recitals and Exhibits. The Recitals set forth in the preamble to this First <br /> Amendment are incorporated into this First Amendment as if fully set forth herein. <br /> 2. Paragraph No. 8 is hereby amended to read as follows: <br /> 8. CLOSING DATE. The closing of the sale of the Property shall take <br /> place on or before July 31, 2013. The closing shall take place at Buyer's <br /> location or as mutually agreed upon by the parties. <br /> 3. Effect on the Agreement. Any other terms, agreements, requirements or conditions <br /> contain in or required by the Agreement shall remain in effect and any such other terms, <br /> agreements, requirements or conditions of the Agreement that are required to be modified to be <br /> consistent with this First Amendment shall be appropriately modified and revised to be in <br /> accordance with the terms of this First Amendment, with any such required modification or <br /> revision constituting a necessary condition of the approval of this First Amendment. Except as <br /> A-1 <br /> 427894v1 SJR MU210-208 <br />
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