HomeMy WebLinkAboutC19-112 The Conservation FundDocuSign Envelope ID: 843D1A72-83EA-4DF0-B092-40200D21AE9F SIXTH AMENDMENT TO CONTRACT TO BUY AND SELL REAL ESTATE EAGLE COUNTY, COLORADO (the "Seller") and THE CONSERVATION FUND, a Maryland non-profit corporation (the "Purchaser"), entered into a Contract to Buy and Sell Real Estate dated April 9, 2013, for certain parcels of land containing 36+/- acres located in the County of Eagle, State of Colorado, which contract was amended by the Amendment to Contract to Buy and Sell Restate dated December 16, 2014 and the Second Amendment to Contract dated June 21, 2016 and the Third Amendment to Contract dated December 19, 2017 and the Fourth Amendment to Contract dated June 5, 2018 and the Fifth Amendment to Contract dated October 24, 2018 (together the "Contract"). WHEREAS, closing has already occurred on the Dotsero Landing Parcel and the State Bridge Parcel; and WHEREAS, closing has not yet occurred on the Two Bridges Parcel; and WHEREAS, the Seller and Purchaser are desirous of further amending the Contract to extend the Off -Record Title Objection Deadline, the Appraisal Objection Deadline, the Current Survey Objection Deadline, Property Insurance Inspection Deadline, Due Diligence Documents Objection Deadline, Environmental Inspection Deadline and the ADA Evaluation Objection Deadline (collectively "the End of the Inspection Period Deadline") and the Closing Date in the Contract as to the Two Bridges Parcels as provided in this "Sixth Amendment." NOW THEREFORE, for and in consideration of ONE DOLLAR ($1.00) and other good and valuable consideration, receipt and adequacy of which are hereby acknowledged, Seller and Purchaser hereby agree as follows: 1. The Contract deadlines are hereby extended as follows as to the Two Bridges Parcel: a. The End of the Inspection Period is extended until June 1, 2019. b. The Closing Date is extended until July 1, 2019. 2. All other terms and conditions in the Contract are hereby ratified and affirmed. This Sixth Amendment may be executed in counterparts, all of which shall constitute one agreement which shall be binding on all of the parties, notwithstanding that all of the parties are not signatory to the original or the same counterpart. IN WITNESS WHEREOF, SELLER: DocuSigned by: NAME: 5 Je 4MM&A 'rFey TITLE: Chair DATE: 4/10/2019 PURCHASER: NAME: A % i TITLE: AW. 041 DATE: __ q1(01 °I