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The Ramsey EDA reviewed this request at the May 9, 2019 EDA meeting and recommends moving forward with <br />the Purchase Agreement Second Amendment. <br />Funding Source: <br />This item would be covered under normal staff duties. <br />Recommendation: <br />The EDA recommends approving the Second Amendment to the Purchase Agreement with AEON Ramsey 2, LLC <br />to extend the closing date until January 13, 2020, including an additional $10,000 in non-refundable earnest money. <br />All other terms, including the purchase price are to remain the same. <br />Action: <br />Motion to Approve Second Amendment to the Purchase Agreement with AEON Ramsey 2, LLC, subject to <br />approval by the City Attorney as to legal form. <br />Attachments <br />ORIGINAL - PA AEON Ramsey 2 LLC <br />CURRENT - PA AEON Ramsey 2 LLC First Amendment <br />PROPOSED/REQUEST - PA AEON Ramsey 2 LLC Second Amendment <br />Form Review <br />Inbox Reviewed By Date <br />Sean Sullivan (Originator) Sean Sullivan 05/23/2019 03:42 PM <br />Tim Gladhill Tim Gladhill 05/23/2019 03:49 PM <br />Form Started By: Sean Sullivan Started On: 05/23/2019 01:28 PM <br />Final Approval Date: 05/23/2019 <br />