HomeMy WebLinkAboutAgreements/Contracts - Central ServicesADDENDUM TO
PURCHASE AND SALE AGREEMENT
THIS ADDENDUM TO THE Purchase and Sale Agreement is executed this day of
September, 2024 between GRANT COUNTY, a political subdivision of the State of Washington,
("Seller") and PUBLIC UTILITY DISTRICT NO.2 OF GRANT COUNTY, WASHINGTON, a
municipal corporation, ("Buyer").
RECITALS
WHEREAS, Seller and Buyer executed a Purchase and Sale Agreement dated April 9,
2024, a copy of which is attached hereto as Exhibit A for the purchase and sale of certain real
property described therein (the "Purchase and Sale Agreement"); and
WHEREAS, the Purchase and Sale Agreement provides for an outside closing date of
August 7, 2024; and
WHEREAS, Buyer and Seller previously. executed an Addendum to Purchase and Sale
Agreement on July 2, 2024; and
WHEREAS, Buyer and Seller require that the closing date be further extended to enable
them to complete all tasks necessary for closing, NOW THEREFORE,
WITNES SETH:
The Seller and Buyer agree to amend, revise and supplement the Purchase and Sale
Agreement pursuant to paragraph 12(c) as follows:
1. Revision to Paragraph 2 Closing Date: Paragraph 2 of the Purchase and Sale
Agreement is revised and amended to read as follows:
Closin "Closing" shall mean the date on which the general warranty deed with
full warranties of title transferring title to the Property from Seller to Buyer is
recorded in the official records of the County in which the Property is situated.
1
Closing shall occur on or before the date which is thirty (30) days after Buyer's
waiver of all of the contingencies set forth in Sections 7 below, or such other
date as may be mutually agreed upon by the parties, at the offices of Stewart
Title Company (the "Escrow Agent") located in Ephrata, Washington. If
Closing has not occurred prior to January 31, 2025, after mutual execution
hereof (the "Outside Date for Closing") for any reason other than a default by
Buyer or Seller hereunder, then this Agreement shall automatically terminate,
and the parties shall have no further liabilities or obligations toward each other
under this Agreement.
2. Conflict: Except as expressly modified in this Addendum to Purchase and Sale
Agreement, the terms, covenants, and conditions of the Purchase and Sale Agreement shall
continue in full force and effect.
ALL OTHER TERMS AND CONDITIONS of Purchase and Sale Agreement dated April
% 2024, remain unchanged.
SELLER:
Dated: � • �i`
GRANT COUNTY, WASHINGTON
By:
Danny tone, District 1 Commissioner
y
Rob Jones, D' trict 2Commissioner
By: �-
Cindy Carter, bistrict 3 6ommissioner
N
BUYER: PUBLIC UTILITY DISTRICT NO. 2 OF
GRANT TY WAS ING ON
Dated: � j � � 7 By:
Rich Wallen, General Manager /CEO