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HomeMy WebLinkAboutC03-136 Grizzly Bear, LLC fka Mountain High Aviation, LLCC:~ ~ r 3c~ ° t t~. Cv~ ~ FIlZS'T EXTENSION TO EXTEND CONTRACT TO BUY AND SELL REAL ESTATE This first extension to Contract to Buy and Sell Real Estate (hereinafter referred to as the "Contract") is made this day of May, 2003 by and between Grizzly Beaz, LLC formerly known as Mountain High Aviation, LLC (hereinafter referred to as the "Seller") and Eagle County, a body corporate and politic (hereinafter referred to as the `Buyer'. WHEREAS, the Buyer and Seller entered into a Contract dated July 26, 2002 relating to the sale and purchase of the following described real estate in the County of Eagle, Colorado: Parcel B and Parcel C of the County-Airport-Delatte-Subdivision Plat, Town of Gypsum, Eagle County, Colorado (hereinafter referred to as the "Property"); WHEREAS, this Contract is contingent. upon Buyer receiving a grant toward the purchase of the property from the Federal Aviation Administration (hereinafter referred to as the "FAA") Airport Improvement Program; and WHEREAS, the FAA Grant has been approved, however, the grant is not available at this time; and WHEREAS, the Buyer has been awarded the FAA grant, however, the grant is not available. NOW, THEREFORE, in consideration of the mutual promises set forth herein and in the Contract the parties agree as follows: Buyer and Seller agree to amend said contract as follows: The parties hereto agree that the closing date shall be extended to June 30, 2003. 2. All other terms and conditions of the contract and Exhibit `B" to the contract shall remain the same. GRIZZLY BEAR, LLC ESTz~~'~f~aS~'/O1'/ ~~ _e-~~"" l / ' T ~a1c J. Simonton, Clerk t the Boazd of County Commissioners APPROVED AS T FO By . Eagle County A omey's Offic By: Manager COUNTY OF EAGLE, STATE OF COLORADO, By and Through It Boazd of Cci v Com~ssioner~ By: ~~.e~ ,