HomeMy WebLinkAboutOwnby and Company for Purchase of 3420 South Locust GroveE IDIAN---
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CITY OF MERIDIAN
CONTRACT AMENDMENT
CONTRACTOR NAME: DEPARTMENT NAME:
OWNBY AND COMPANY, INC Public Works
ADDRESS: ADDRESS:
1824 S. Sportsman Way 33 E. Broadway
Meridian, ID 83642 Meridian, ID 83642
CURRENT CONTRACT INFORMATION:
Amendment Date: 12/20/09 Previous Amendments: 1
Current Contract Dates: START: 5/19/2009 COMPLETION: 8/19/2009
Current Contract Amount (Inclusive of Previous Amendments to Date): 3% of Anv Resulting Sale
CHOOSE ONE AMENDMENT COLUMS BELOW, either "STANDARD AMENDMENT" or "AMENDMENT TO EXERCISE
OPTION TO RENEW' and check off any applicable amendments under that column.
STANDARD AMENDMENT X AMENDMENT TO EXERCISE OPTION TO RENEW
(Check all that apply) (Check all that ADnly)
Amendment to Contract Performance (Scope) Amendment to Contract Performance
Amendment to Contract Dates X Amendment to Contract Dates
Amendment to Contract Amount X Amendment to Contrail Amount
Other. (Explain) Other. (Explain)
DESCRIPTION OF REASON FOR AMENDMENT: (Attach all relevant documentat/on deta/ling amendment):
Extending contract through April 1, 2010 AND ONLY FOR PROPERTY LOCATED AT 3420 SOUTH LOCUST GROVE.
FEE TO BE A NOT-TO-EXCCED AMOUNT OF 3% OF PURCHASE PRICE OF SAID PROPERTY ONLY. The contract end
date may be further extended only to accommodate a delay In the closing of the Intended purchase transaction at 3420
South Locust Grove. Conversely, the contract end date may be earlier terminated If the negotiations for the purchase
of 3420 South Locust Grove have reached an Impasse and In the opinion of Contractor and Clty a meeting of the minds
agreement for the purchase of 3420 South Locust Grove Is unlikely to occur.
NEW CONTRACT INFORMATION:
Amendment Date: 12/20/09
New Contract Dates: START: 1/1/2010 COMPLETION: 4/1/2010
Amount of Amendment Change $0.00
Current Contract Amount (Inclusive ofPrevlous Amendment to Date): 3% of anv Resulting Purchase of Property Located at 3420 South
Locust Grove ONLY..
ALL OTHER TERMS AND CONDITIONS OF THE ORIGNAL CONTRACT AND PREVIOUS
AMENDMENTS REMAIN UNCHANGED AND IN FULL FORCE AND EFFECT.
CITY OF
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Approved by Council: _ 1 ~~
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Approved y CI as to Content
BY:
KEI S, UR ING AGENT