R-12-10-11-K1 - 10/11/2012 x
i
G
RESOLUTION NO. R-12-10-11-K1
WHEREAS, the City of Round Rock ("City") has previously entered into that certain Contract
(the "Contract") with Jerry T. Bradley and Linda L. Bradley ("Bradley"), wherein City agreed to
acquire approximately 2.029 acres of land, and
WHEREAS, the parties wish to extend the Contract feasibility period to November 1, 2013,
and
WHEREAS, the City Council desires to enter into the Contract Amendment No. 2 which
extends the feasibly period,Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
t
That the Mayor is hereby authorized and directed to execute on behalf of the City the Contract $
Amendment No. 2 with Jerry T. Bradley and Linda L. Bradley, a copy of same being attached hereto
i
as Exhibit"A" and incorporated herein for all purposes.
E
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
1
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 11th day of October, 2012.
i
ALAN MCGRAW, Mayor
City of Round Rock, Texas r
t
F
ATTEST:
t
SARA L. WHITE, City Clerk
O:\wdox\SCClnts\0112\1204UNUNICIPAL\00259781.DOC
EXHIBIT `
„A„
E
CONTRACT AMENDMENT NO 2.
F
Preamble
This Contract Amendment No 2 is made by and between JERRY T. BRADLEY
and wife, LINDA L. BRADLEY, referred to in this Contract Amendment No. 2 as
BRADLEY (whether one or more), and the CITY OF ROUND ROCK, TEXAS, referred
to in this Contract Amendment No. 2 as the CITY.
Recitals
WHEREAS, BRADLEY and the CITY entered into that certain Real Estate
Contract (the "Contract") wherein City agreed to acquire approximately 2.029 acres of
land from BRADLEY; and k
WHEREAS, BRADLEY and the CITY entered into a Contract Amendment to
extend the feasibility period to 120 days after the effective date of July 29, 2012; and j
WHEREAS,. BRADLEY and the City now desire to approve this Contract
Amendment No 2. to provide for the extension of the Feasibility Period to November 1,
2013;NOW THEREFORE F
In consideration of the mutual covenants and the consideration recited herein, the
sufficiency of which is hereby acknowledged by BRADLEY and the CITY, the parties
F
agree as follows:
I. Extension of Feasibility Period
#f
fcf
o-
For the consideration expressed herein, BRADLEY and the CITY mutually agree
to amend Section 7.13. of the Contract to read as follows:
B. Feasibility Period. Buyer may terminate this contract for any reason on or
before November 1, 2013 (feasibility period) by providing Seller written notice of
such termination.
4
II. Independent Consideration for this Extension
f
In consideration for the granting of the aforesaid extension, CITY agrees to pay to E
BRADLEY the sum of $3,000. In the event the CITY determines to terminate the
Contract as provided above, BRADLEY is entitled to keep the entire $3,000. If the CITY F
determines to purchase the Property, the entire $3,000 shall apply to the purchase price.
`s
The Effective Date for the Contract shall remain July 29, 2012.
f
t�
y1
i
Y
tt
i
259787
1
i.
S,
i
d
i
JERRY T. BRADLEY
s`
LINDA L. BRADLEY
Date:
6
CITY:
Alan McGraw, Mayor
Date:
Attest:
a
Sara White, City Clerk
1.
i
4
F
E
y$
A
t
3
R
S-
`r
i
I
s
S
2
t
E<F
D �
LLJ u om
w0 g
x
s
s
CONTRACT AMENDMENT NO 2.
Preamble
4
d
k
This Contract Amendment No 2 is made by and between JERRY T. BRADLEY
and wife, LINDA L. BRADLEY, referred to in this Contract Amendment No. 2 as
BRADLEY (whether one or more), and the CITY OF ROUND ROCK, TEXAS, referred
to in this Contract Amendment No. 2 as the CITY.
t
Recitals
WHEREAS, BRADLEY and the CITY entered into that certain Real Estate
Contract (the "Contract") wherein City agreed to acquire approximately 2.029 acres of
land from BRADLEY; and
WHEREAS, BRADLEY and the CITY entered into a Contract Amendment to
extend the feasibility period to 120 days after the effective date of July 29,2012; and
E
WHEREAS, BRADLEY and the City. now desire to approve this Contract
Amendment No 2. to provide for the extension of the Feasibility Period to November 1,
2013;NOW THEREFORE
In consideration of the mutual covenants and the consideration recited herein, the
sufficiency of which is hereby acknowledged by BRADLEY and the CITY, the parties s
agree as follows:
I. Extension of Feasibility Period
For the consideration expressed herein, BRADLEY and the CITY mutually agree
to amend Section 7.13. of the Contract to read as follows:
B. Feasibility Period. Buyer may terminate this contract for any reason on or
before November 1, 2013 (feasibility period) by providing Seller written notice of
such termination.
II. Independent Consideration for this Extension
In consideration for the granting of the aforesaid extension, CITY agrees to pay to
BRADLEY the sum of $3,000. In the event the CITY determines to terminate the
Contract as provided above, BRADLEY is entitled to keep the entire $3,000. If the CITY
determines to purchase the Property,the entire $3,000 shall apply to the purchase price.
The Effective Date for the Contract shall remain July 29, 2012.
259787
-t2,
10 'I�' �l 1
5
Al rte.
RR AADLEY
E
LINDA L. BRADLEY
a
Date: �2—
s
CI F.
Alan McGraw, Mayor
Date:
Attest: r
k
Sara White, City Clerk
E
r
x
E
C
:
2