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02 Grand Theater Extension
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02 Grand Theater Extension
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Last modified
11/8/2005 11:25:38 AM
Creation date
3/7/2003 11:00:03 PM
Metadata
Fields
Template:
AGENDA
Item Number
00 - Agenda
AGENDA - Type
RESOLUTION
Description
Extension on the Grand Theater Purchase Contract
AGENDA - Date
3/12/2003
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~ar O? 2003 ~:O~PH Rt~orn~ Rt Las 903785907~ ~,3 <br /> <br /> Purchaser hereby agree as follows: <br /> <br /> 1. The Inspection Period for completing all of the examinations, <br /> tests, studies, inspections and other inquiries into the <br /> Property described within Section 3 of the Contract is <br /> extended from March 14, 2003 until June 16, 2003 at 5:00 <br /> o'clock P.M. It is agreed that Purchaser may provide the <br /> written notice to Seller and the Title Company of termination <br /> of the Contract at any time prior to 5:00 o'clock P.M. June <br /> 16, 2003, and receive a refund of the Earnest Money, and <br /> Section 3e(ii) is amended accordingly. <br /> <br /> 2. The Time of Closing described in Section 6a of the Contract is <br /> extended from April 1, 2003 until July 1, 2003 at 11:00 <br /> o'clock A.M. The Place of the Closing will continue to remain <br /> at Stone Title Company, Inc., as stated in the Contract. <br /> <br /> 3. Ail other terms and provisions of the Contract, except to the <br /> extent hereby extended or amended, shall remain in full force <br /> and effect, as written. <br /> <br /> 4. All capitalized terms used in this Extension shall have the <br /> same meaning as defined with respect to them in the Contract. <br /> <br /> IN WITNESS WHEREOF, this Extension is executed by the Seller <br /> and the Purchaser on the dates set forth in the respective <br /> signatures below. <br /> <br /> SELLERS: <br /> <br /> City of Paris, Texas <br /> <br /> By: <br /> Larry Schenk, City Attorney <br /> Date: <br /> <br /> Paris Independent School <br /> District <br /> <br /> By: <br /> <br /> Print Name: <br /> Print Title: <br /> Date: <br /> <br /> 2 <br /> <br /> <br />
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