Amendment No. 1 to Real Estate Sales Contract with MBCDC: The Allen LLC a a%--0g7s
AMENDMENT NO. 1 TO THE REAL ESTATE SALES CONTRACT BETWEEN THE
CITY OF MIAMI BEACH, FLORIDA AND MBCDC: THE ALLEN LLC, A FLORIDA
LIMITED LIABILITY COMPANY DATED DECEMBER 3, 2014
This Amendment No. 1 (Amendment) to the Real Estate Sales Contract is entered into
this 10 day of vi'1 , 2015 (Effective Date), by and between the City of
Miami Beach, Florid-a, a municipal corporation organized and existing under the laws of
the State of Florida, having its principal place of business at 1700 Convention Center
Drive, Miami Beach, Florida 33139 (City), and MBCDC: The Allen LLC, a Florida limited
liability company, having its principal place of business at 945 Pennsylvania Avenue,
Miami Beach, Florida 33139 (Seller), dated December 3, 2014 ("Contract"), for the
purchase and sale of property located at 2001 Washington Avenue, Miami Beach,
Florida ("Property"), and hereby amend said Contract, as follows:
RECITALS
WHEREAS, on December 3, 2014, the City and Seller executed a Purchase and
Sale Agreement in connection with the property; and
WHEREAS, the closing date for the Contract expired on April 29, 2015; however,
the City and Seller wish to retroactively extend the Contract through and including
September 30, 2015.
NOW THEREFORE, in consideration of the mutual promises and conditions
contained herein, and other good and valuable consideration, the sufficiency of which is
hereby acknowledged, the City and Seller hereby agree to amend the Contract as
follows:
1. ABOVE RECITALS.
The above recitals are true and correct and are incorporated as part of this
Amendment.
2. MODIFICATIONS.
The Agreement is hereby modified as follows:
The Closing Date of April 30, 2015, as set forth in paragraph 7 of the Contract, is hereby
retroactively extended through and including September 30, 2015.
3. RATIFICATION.
The City and Seller wish to reaffirm the terms and conditions of the Contract, as
amended. In the event there is a conflict between the provisions of this Amendment and
the Contract, the provisions of this Amendment shall govern.
THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.
1
•
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their appropriate officials, as of the date first entered above.
SELLER:
MBCDC: The Allen LLC,
a Florida limited liability company
By Miami Beach Community
Development Corporation, Inc.,
its manager and sole member: Attest:
• `= elkis Beatriz Cuenca-Barberio
Chairman of the Board Executive Director
Date
BUYER:
The City of/ iami Beach 40, lam 14 Attest:
By ,a■ _ 1 6
e.
imm L. Morales . , ,, � �• r el E. Granado
•
ity Manager * Cit lerk
RP ORAT ED=
�,�� *
n la- . --.
Dafe :.`:, ��'• ��
- APPROVED AS TO
FORM & LANGUAGE
&FOR EXECUTION
Eta.f.at
City Attorney e
F: ATTO/TORG/CLOSINGS/2014/CMBPFMBCDC/ALLEN/AMENDMENT
2