HomeMy WebLinkAboutC03-319 Eagle Riverview Affordable Housing Corporation
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PROPERTY MANAGEMENT AGREEMENT AMENDMENT
THIS ~ PWPERTY MANAGEMENT AGREEMENT AMENDMENT is made and entered into
thi~ay of (A,-:tols p.-e) . 2003, between Eagle County, by and through its Board of
County Commissioners (hereinafter referred to as "County") and the Eagle Riverview
Mfordable Housing Corporation, (hereinafter referred to as "Owner") to renew and amend the
Property Management Agreement dated September 25, 2001 ("Original Agreement"), whereby
County agreed to manage the property of Owner known as the Riverview Apartments.
In consideration of the terms and conditions of the Original Agreement, the sufficiency of which
is hereby acknowledged, County and Owner agree that this Amendment shall replace and
supersede the section of the Original Agreement as stated hereunder.
ARTICLE 2, Term, shall be deleted in its entirety and replaced with the following effective
September 31, 2003:
ARTICLE 2
Term
Subject to and upon the terms and conditions set forth herein, or in any exhibit or
addendum hereto, this Agreement shall continue in force, ending at 11 :59 p.m. on
September 30, 2004, subject, however to the termination provisions in Article 13. This
Agreement shall automatically renew for an additional year, up to a total of four years
(through 2008) unless either party gives written notice to the other, no later than 30 days
prior to the expiring period, of its intent not to renew for the next year.
If any conflict exists between the provisions of this Amendment and the Original Agreement, the
provisions of this Amendment shall control.
All terms and conditions of the Original Agreement, as may be amended from time to time, shall
remain in full force and effect, except as they expressly are amended herein.
IN WITNESS WHEREOF, the parties have executed this Amendment on the day and year first
above written.
liTHE REMAINDER OF THIS P AGE INTENTIONALLY LEFT BLANK/I
COUNTY OF EAGLE, STATE OF
COLORADO, by and through its BOARD OF
COUNTY COMMISSIONERS
By:
EAGLE RIVERVIEW AFFORDABLE
HOUSING CORPORATION
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Tom C. Stone, President