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HomeMy WebLinkAbout09842 RESOLUTION NO. 9842 A RESOLUTION APPROVING A MODIFICATION AGREEMENT DATED AS OF MARCH 27, 2003 BETWEEN PUEBLO, A MUNICIPAL CORPORATION AND GARY ANZUINI AND IDA ANZUINI AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Modification Agreement dated as of March 27, 2003 between Pueblo, a Municipal Corporation and Gary Anzuini and Ida Anzuini, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. SECTION 2. The President is authorized to execute and deliver the Modification Agreement in the name of the City. INTRODUCED April 14, 2003 BY Al Curule Councilperson APPROVED; ~~~~'~'~ President of City Council A'CrEST: City'~r~ Modification A~eement This Modifcafion Agreement entered into as of March 27, 2003 between Pueblo, a Municipal Corporation (Seller) and Gary Anzuini and Ida Anzuini '(Buyer), Wimesseth Whereas, Seller and Buyer entered into a Purchase and Sale Agreement dated Janu_a_ry 27, 2003 (Purchase Agreement), and Whereas, Buyer has requested certain modifications to the Purchase Agreement which Seller is willing to grant upon the te~ms and conditions herein contained, Now therefore, in consideration of the foregoing and mutual covenants contained herein, Seller and Buyer agree as follows: 1. The Approval Date as defined in section 4.1 of the Purchase Agreement is extended to July 25, 2003. 2. The latest date of Closing as de£med in section 3.1 of the Purchase Agreement is hereby extended from June 30, 2003 to December 30, 2003. 3. The Purchase Agreement as amended and modified by this Modification Agreement shall remain in full force and effect, provided, that if a conflict exists between the provisions of the Modification Agreement and the provisions of the Purchase Agreement, the provisions of the Modification Agreement shall control to the extent of such conflict. /~ecuted at Pueblo, Colorado as of the day and year first above written. ~~ Pueblo, a ' ' ' Ida Anzuini 6/ President of the City Council