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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. / / / / / / / / / 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