FIRST AMENDMENT TO CONTRACT FOR PURCHASE OF REAL PROPERTYFIRST AMENDMENT TO CONTRACT FOR PURCHASE OF REAL PROPERTY
BY THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF CLEARWATER, FLORIDA
This FIRST AMENDMENT ("Amendment") to that certain CONTRACT FOR PURCHAS� OF
REAL PROPERTY BY THE CITY OF CLEARWATER ("Agreement"), is made and entered into this
;�_ day of March, 2013, by and between ARTHUR CORNWELL CHESNUT, SR., AS TRUSTEE OF
THE ARTHUR CORNWELL CHESNUT, SR. AND JEANNE CASSENS CHESNUT JOINT
REVOCABLE TRUST dated February 27, 1991, as restated November 3, 2007, and THOMAS T.
CHESNUT, individually (herein "Seller"), and the COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF CLEARWATER, FLORIDA, a public body corporate and politic of the State of Florida, (herein
"Buyer"), (collectively "Parties").
WITNESSETH:
WHEREAS, the Parties have heretofore entered into the Agreement for the sale and purchase
of real property in accordance with the terms as described therein; and
WHEREAS, paragraph 15 of the Agreement afforded the Buyer a Right of Inspection for, among
other things, environmental investigation for a period ending on March 31, 2013 (Inspection Period) and
paragraph 9 stipulates a closing date to occur on or before June 30, 2013; and
WHEREAS, Buyer has made all reasonable and diligent efforts to comply with the Inspection
Period, but environmental conditions have arisen which require additional investigation, and therefore
Buyer has requested, and Seller agrees.to grant, an e�ension of the Inspection Period through June 5,
2013 for Buyer to complete its environmental investigation and, correspondingly, extend the time for
closing which shall now occur on or before July 18, 2013; and
NOW THEREFORE, in consideration of the foregoing and the mutual covenants contained
hereinafter, IT IS AGREED AS FOLLOWS:
1. RECITALS. The foregoing recitals are true and correct and are incorporated herein by
reference.
2. CLOSING DATE: This transaction shall close on or before July 18, 2013. Buyer agrees to
make a good faith effort to close as soon as possible after its investigation has concluded.
3. PROPERTY CONDITION/BUYER RIGHT OF INSPECTION: The Buyer's Right of Inspection is
hereby extended and shall hereby continue in effect through June 5, 2013, and therefore shall expire
on June 6, 2013.
4. All terms and conditions of the Agreement shall remain in full force and effect unless expressly
amended herein.
The Remainder of This Page Intentionally Left Blank
EXECUTED this � day of / I�^ C h , 2013 by Seller.
Attest:
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Print Name
ARTHUR CORNWELL CHESNUT, SR. AND JEANNE
CASSENS CHESNUT JOINT REVOCABLE TRUST
dated February 27, 1991, as restated November 3,
2007, and THOMAS T. CHESNUT individuaily
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B�/. ,
Arthur Cornwe h nu , : as Tr � e
By:
Thomas T. Chesnut
APPROVED BY BUYER & EFFECTIVE this a► f� day of �h 11 h , 2013.
COMMUNITY REDEVELOPMENT AGENC
OF THE CITY OF CLEARWATER, FLORIC
gy. � �POI�t � C�� �s
George N. Cretekos, Chairperson
Approved as to form:
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Laura Lipowski Mahony
Assistant City Attorney
[RE13-1313-067/120827/1] Page 2 of 2
Attest:
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Rosemarie Call
City Clerk
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