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R-89-1238 - 2/9/1989WHEREAS, on January 30, 1989, the City of Round Rock and the Austin White Lime Company entered into an agreement for the sale and purchase of twenty acres of land in Williamson County, Texas, and WHEREAS, the City and Austin White Lime have mutually agreed to modify said agreement, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS That the Mayor is hereby authorized to execute on behalf of the City a Modification Agreement attached hereto and incorporated herein for all purposes. RESOLVED this 9th day of February, 1989. ATTEST: 1 111.00 - 14 ii /1L • C37RESLIME LAND, City Secretary RESOLUTION NO. /g3ele- MIKE ROBINSON, Mayor City of Round Rock, Texas J THE STATE OF TEXAS COUNTY OF WILLIAMSON MODIFICATION AGREEMENT § § WHEREAS, by Real Property Contract dated January 30, 1989 (the "Contract "), Austin White Lime Company, a Texas general partnership as Seller, and the City of Round Rock, Texas, a home -rule city incorporated under Article XI, Section 5 of the Texas Constitution as Buyer, entered into an agreement for the sale and purchase of twenty (20) acres of land out of the J. M. Harrell Survey, Abstract No. 284, in Williamson County, Texas, a full and complete description of said Property being incorporated into the Contract (the "Property "); and WHEREAS, Seller and Buyer have mutually agreed to modify the terms of the Contract as hereinafter provided; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Buyer and Seller, for and in consideration of the premises and the mutual benefits accruing to each, have agreed and by these presents do agree as follows: 1. Paragraph 5.01 of the Contract shall be amended to read as follows: 1989. "5.01 Closing Date. The purchase and sale of the Property shall be closed in the offices of the Title Company on or before March 15, 1989. Buyer may elect to close prior to March 15, 1989 by delivery of at least three (3) days' written notice to Seller. If closing has not occurred prior to March 15, 1989, then closing shall take place at 10:00 a.m. on March 15, 1989." 2. Except as modified herein, all terms, covenants and conditions of the Contract shall remain in full force and effect. Executed in multiple counterparts this _ day of By: SELLER: AUSTIN WHITE LIME COMPANY, a Texas limited partnership By: ROBINSON ASSOCIATES, a Texas general partnership General Partner By: By: BUYER: A. H. Robinson, III General Partner Oscar Robinson General Partner CITY OF ROUND ROCK, TEXAS Its li1AVo . ,/ . ATTEST: 5- 0189.37 DAVID B. ARMBRUST FRANK B. BROWN IV SAMUEL D. BYARS SHARLENE N. COLLINS THOMAS JACKSON MORTON SUE BROOKS LAAS RICHARD T. SUTTLE, JR. WAYNE 5. HOLLINGSWORTH SUZANNE MANN ROACH KENNETH N. JONES ROSS M- RATHGEBER Mr. Steve Sheets Stephan Sheets & Associates 309 E. Main Street Round Rock, Texas 78664 Dear Steve: Enclosures cc: Melissa Miller L289 -7.5 ARMBRUST & BROWN, P.C. ATTORNEYS AT LAW 2600 ONE AMERICAN CENTER 600 CCNGRESS AVENUE AUSTIN. TEXAS 787013266 (512) 499 -3600 February 2, 1989 FEB 6 RECQ Very truly yours, TELECOPIER NUMBER 512 -47B-4496 WRITERS TELEPHONE NUMBER 499 -3607 Re: Modification of Contract between the City of Round Rock and Austin White Lime Company Enclosed please find a Modification Agreement, which extends the date for closing under the referenced Contract to on or before March 15, 1989. It is my understanding that you and Melissa Miller previously discussed and agreed to the terms of this Modification Agreement. If the form of the Modification Agreement meets with your approval, please have both originals executed by your client, and then return them to me for signature by Austin White Lime Company. As always, I appreciate your assistance. DATE: February 7, 1989 SUBJECT: Council Agenda, February 9, 1989 ITEM: 9I. Consider a resolution authorizing the Mayor to sign an agreement modifying the contract with Austin White Lime for the purchase of the Public Works Yard Site. STAFF RESOURCE PERSON: Steve Sheets STAFF RECOMMENDATION: This resolution amends the closing date of the earnest money contract from January 17, 1989 to on or before March 15, 1989. Staff recommends approval. ECONOMIC IMPACT: