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Reso 2009-1421
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Reso 2009-1421
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Last modified
7/1/2010 9:42:54 AM
Creation date
5/28/2009 4:42:47 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2009-1420
Date (mm/dd/yyyy)
05/21/2009
Description
Ratify Amd Non-Binding Ltr of Intent w/Dezer Dev. to Construct Mixed Use Project
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<br />;. <br /> <br /> <br />. . <br />/' .. <br /> <br />~ 9g;", FlO~\Q ,,'<.,T <br /> <br />'(' CI ",<J <br />Ty Of SU14 i>- <br /> <br />Development Agreement is not executed. Dezer Development shall provide the <br />City with one hundred and eighty (180) days notice prior to exercising the <br />option. If the option is not exercised within the option period, the option shall <br />expire. <br /> <br />This amendment to the Letter of Intent supercedes all other agreements. If there is any <br />conflict between this amendment and any other agreements, this amendment shall prevail. <br /> <br />Sincerely, <br /> <br /> <br />Dezer Development LLC hereby acknowledge receipt of the foregoing proposed new terms <br />and conditions of the Letter of Intent between the parties pertaining to the Project. The <br />terms and conditions of the Letter ofIntent are not binding except the provision relating to <br />the option to lease. The City requests Dezer Development's acknowledgement of the <br />amendment to the Letter of Intent below in order that the City may proceed with Dezer <br />Development to draft a Joint Development Agreement. <br /> <br /> <br />o AND ACCEPTED BY DEZER DEVELOPMENT COMPANY: <br /> <br />1.., <br />Gil Dezer <br /> <br />cc: The Honorable City Commission <br />Hans Ottinot, City Attorney <br />Warren Jay Stamm, Esq. <br />
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