FIRST AMENDMENT TO LAND TRANSFER AGREEMENT
FIRST AMENDMENT TO
LAND TRANSFER AGREEMENT
THIS FIRST AMENDMENT (Amendment) is made on ~..3 ,2005, among
SUNSPREE GREEN, LLC, a Florida limited liability company the "Developer"), DAM
DEVON LLC, a Connecticut limited liability company ("Affiliate") and THE CITY OF
CLEARWATER, FLORIDA, a Florida municipal corporation (the "City").
R E C ! I A .b S:
A. Developer, Affiliate and the City entered into that certain Land Transfer
Agreement, approved by the City Commission on .JlJne c:l.-t 2Po~ , ("Agreement"),
pertaining to the conveyance to the City of the real property located at 41 Devon Drive,
Clearwater, Pinellas County, Florida, as more particularly described in the Agreement.
B. The parties desire to amend the terms of the Agreement pertaining to the
Closing Date.
NOW, THEREFORE, in consideration of the mutual promises contained herein,
the parties agree as follows:
1. Recitals. The above recitals are true and correct and are incorporated
herein by reference.
2. Amendment. Section 1.2 of the Agreement is hereby amended to read:
1.2 Closinq Date. Subject to the terms and conditions of this Agreement,
the conveyance of the Property to the City (the "Closing") shall take place in
Clearwater, Florida, at the offices of the City Attorney, on or before the first to
occur of the following:
(i) 45 days after Developer and Affiliate receive written notice from the
City requesting Closing; or
(ii) The date a building permit is issued for the construction of
improvements for the Project.
3. Effect of Amendment. All other provIsions of the Agreement not
specifically modified hereby shall remain unchanged and in full force and effect.
4. Applicable Law. This Amendment shall be governed by, and construed in
accordance with, the laws of Florida.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the dates set forth below.
Signed, sealed and delivered
in the presence of:
DEVELOPER:
SUNSPREE GREEN, LLC,
a Florida limited liability company
By:
Greenfield Sunspree, LLC
a Delaware limited liability
company, Managing Member
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BY:_~
Barry P. Marcus
Senior Vice President
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Signature /" r_ - t (
fu"H/ll~ LDY1YlD '1
Printed Name
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Signed, sealed and delivered
in the presence of:
WA L"ItII'J
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AFFILIATE:
DAM DEVON LLC,
a Connecticut limited liability company
avid A. Mack
Manager
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Attest:
By:r?':.~' p. n.
City . erk -~ .
Approved as to form and-correctness:
~, Esquire
City Attorney
-t!f2.J~1 ~ ........ ~ -.r.
William B. Horne II, City Manager
#348461 v1 - Sunspree/1st Amendmt to Land Transfer Agt
Countersigned:
CITY:
THE CITY OF CLEARWATER,
FLORIDA, a Florida municipal
corporation
By: .~~~
~e: Frank V. Hibbard '
Title: Mayor
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