HomeMy WebLinkAbout2000 CON CDC Hennessey Group - Amendment DDA 8th StreetAMENDMENT TO
DISPOSITION AND DEVELOPMENT AGREEMENT
This Amendment to the AGREEMENT is made and entered into this 17th day of
October, 2000, by and between the Community Development Commission of the City of
National City, a community development commission, hereinafter referred to as "CDC",
and the Hennessey Group, hereinafter referred to as "Developer".
RECITALS
A. CDC and Developer entered into a Disposition and Development Agreement ("the
Agreement") on June 20, 2000, for Developer to develop a parcel of land in the
Downtown Area of the National City Redevelopment Project
B. CDC and Developer desire to amend pages 7, 43 and 44 related to the schedule of
Performance.
NOW, THEREFORE, the parties mutually agree that of the Agreement dated June 20,
2000, be amended to read as follows:
The corresponding deadline to item #14 of Attachment 4 Schedule of
Performance, page 43, shall be amended from October 2, 2000 to September 1,
2001.
The corresponding deadline to item #15 of Attachment 4 Schedule of
Performance, page 44, shall be amended from November 23, 2000 to November
1, 2001.
That the "outside date" under Section 202.4 closing (Page 7) be amended from
June 1, 2001 to May 1, 2002.
With the foregoing exceptions, each and every provision of the Agreement dated June
20, 2000 and shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to this
Agreement of the date and year first above written.
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Signature Page to Follow
COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF NATIONAL CITY
Gk�L
George H. aters, Chairman
HENNESSEY GROUP
APPROVED AS TO FORM:
George H. 1riser, III,
CDC/City Attorney