HomeMy WebLinkAboutYMCA Addendum 2 Hillsdale Park Transfer Agreement fully executedADDENDUM NO.2 TO
AGREEMENT TO TRANSFER REAL PROPERTY
(HILLSDALE PARK)
THIS ADDENDUM TO THE ABOVE -CAPTIONED AGREEMENT is entered into this
30th day of May, 2018 by and between the City of Meridian, a municipal corporation organized,
existing and authorized under Chapter 1, Title 50, Idaho Code ("City" or "Grantee") and the
Young Men's Christian Association of Boise City, an Idaho Nonprofit Corporation, dba Treasure
Valley Family YMCA. ("YMCA" or "Grantor").
RECITALS
A. On the 13`h day of December, 2016, City and YMCA entered into an Agreement
to Transfer Real Property ("Agreement").
B. The Grantor requires additional time to create a legal lot of Record.
C. By this Second Addendum, City and YMCA desire to extend the Date of Closing.
NOW, THEREFORE, in consideration of foregoing recitals, which are made a part of
this Addendum and not mere recitals, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Agreement shall be modified in the
following particulars:
Section 4.2 of the Agreement shall be amended as follows:
4.2 Date of Closing. The Parties shall submit all required documents to Closing
Agent in advance of the planned closing date of August 31, 2018, or at such other time, date, and
place as may be mutually agreed between Grantor and Grantee,
ALL OTHER TERMS OF THE AGREEMENT SHALL REMAIN THE SAME.
Each party hereto represents and warrants that each person executing this ADDENDUM
No. 2 on behalf of such party is, at the time of such execution, duly authorized to do, and is fully
vested with the authority to bind such party in all respects.
EXECUTED and effective as of the date first above written.
Treasure Valley Family YMCA:
Scott Curtis
Senior Vice 041dent
City of Meridian:
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Steve Addoway
Director of Parks and Recreation
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