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Agenda - Council - 05/26/2020
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Agenda - Council - 05/26/2020
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3/17/2025 1:49:10 PM
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5/27/2020 9:08:04 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
05/26/2020
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FIRST AMENDMENT <br />TO <br />PURCHASE AGREEMENT <br />This is the First Amendment to the Purchase Agreement by and between the City of <br />Ramsey, a Minnesota municipal corporation ("Seller"), and GIGI'S SALON AND SPA, INC. <br />and/or its assigns, a Minnesota Corporation ("Buyer"), with an Effective Date of November 26, <br />2019. <br />Recitals <br />1. EFFECTIVE DATE. The Effective Date remains November 26, 2019. <br />2. INSPECTION PERIOD. The Buyer and Seller agree to extend the Inspection Period from <br />May 30, 2020 to August 31, 2020. <br />Agreement <br />1. AMENDMENT APPROVAL. Buyer and Seller hereby approve this First Amendment to <br />Purchase Agreement as modified by above Recitals which are hereby incorporated herein. <br />2. REMAINING TERMS. All other provisions of the Purchase Agreement, as amended, <br />remain unchanged except to the extent inconsistent with the terms of this First Amendment to <br />Purchase Agreement. The terms used in this First Amendment to Purchase Agreement have <br />the same meaning as in the Purchase Agreement. <br />SELLER: The City of Ramsey, a Minnesota municipal corporation <br />By: <br />By: <br />John LeTourneau, Mayor <br />Kurt Ulrich, City Administrator <br />BUYER: GIGI'S SALON AND SPA, INC. <br />By: <br />Ginger Edin, President <br />Dated: , 2020 <br />Dated: , 2020 <br />Dated: , 2020 <br />Page 1 of 1 <br />
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