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ine <br />ConnonBond <br />commur,1[11:' <br />10Sa (VMcntreaI Avenue <br />St. Baal, MN 55116 <br />651,291.17501 P <br />651.291.10ia IF) <br />Kurt Ulrich <br />City Administrator <br />City of Rninsey <br />7550 Stlttwood Drive NW <br />Ramsey, MN 55303 <br />Re: Purchase Agreement Amendment <br />CorninonBond respectfully submits this request to amend the purchase agreement to extend the aliowed <br />closing date to 10/1/2015 for OutlotA, COR 011e in Ramsey that was signed on May 20, 2014. <br />l'he prilnur.y reasons for the, extension are the changes to the new building Mid energy cedes That went into <br />effect ill February 2015. The new codes hada variety of design mph:catiolns that required additional <br />review and discussion between our contractors, engineers and architects, <br />ConirnonBond is confident that it will acquire the property prior to 10/1I2{ 15, To demonstrate this <br />commitment, we have agreed to increase Dir earnest money deposit to $13,050 arid male the earnest. <br />deposit non-refundable. <br />We appreciate the consideration of this request. Please contact me with any questions on this matter, <br />Sincerely, <br />'I'S /6 z,;(_— <br />Justin Eilers <br />Housing, Develop Manager <br />ConiniortBttnd. Communities <br />1080 Montreal Ave <br />St. Paul., MN 55116 <br />STABLE HOMES. STRONG FUTURES. V EHA.111T COMMUNPI`i <br />i+t gip*.fpfrAf lhay CI" R1�+d�'J)' lbv NO r.:,.• ,:: r, ,. r...,001.1rrfir,1,ai.u+g <br />N ghharW riis- <br />CHAR7EHED MEM MEFe <br />