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HomeMy WebLinkAboutLetter of Intent Addendum A - Sale of Renton Highlands Library - 08/09/2017 Addendum A to Letter of Intent Dated January 23, 2017 Sale of Renton Highlands Library � To whom it may concern Re: Letter of Intent between City of Renton and Renton Housing Authority dated lanuary 23, 2017 This Addendum A hereby amends that certain letter of intent between the City of Renton ("Seller") and Renton Housing Authority ("Buyer"), dated January 23, 2017 ("January 23, 2017 Letter of Intent"), involving the sale and purchase of a piece of property generally known as the "Renton Highlands Library" parcel (the "Property"), located at 2902 NE 12th Street, Renton, Washington, more particularly described in the January 23, 2017 Letter of Intent. WHEREAS the January 23, 2017 Letter of Intent stated that the transaction described above shall be completed by the latter of April 30, 2017, or sixty days after the City Council's surplus property declaration; and WHEREAS, the City Council declared the Property surptus on June 19, 2017; and WHEREAS, the parties agree that it is necessary to extend the date in which the sale and purchase of the Property is completed; NOW, THEREFORE, Buyer and Seller agree as follows: 1. The sale and purchase of the Property shall be completed no later than October 31, 2017; and 2. All other terms and conditions of the January 23, 2017 Letter of Intent remain in full force and effect. Signed this�of , 2017. BUYER: SELLER: Renton Housing Authority City of Renton r--- � By: By: Mark G per Denis Law Executive Director Mayor 1 � `��\1111111111+ `���.y�� REN'�+�,,�� ATTEST: ,�\� !`+�e`�11NIIIIIq�/�O �,�/ =��� ', ���, � ��' � 1 � �% � : _ � = S�A L = �: By: � ' ' � ; Jaso . Seth � i /�i � � 4 � : y '�. �` o, � /��i�CORp`��vnnn����.�`��6.�`�.� City Clerk ���i�����RATE01s������\. 2