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Agenda - Council - 05/25/2021
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Agenda - Council - 05/25/2021
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3/14/2025 2:59:44 PM
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6/14/2021 12:31:38 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
05/25/2021
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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 Java Companies, LLC and/or its <br />assigns, a Minnesota Limited Liability Company ("Buyer"), with an Effective Date of September <br />23, 2020. <br />Recitals <br />1. EFFECTIVE DATE. The Effective Date remains September 23, 2020. <br />2. SALE OF PROPERTY. Seller agrees to sell to Buyer, and Buyer agrees to buy from Seller <br />approximately .75 acres (32,775 square feet) of vacant land, legally described as follows: <br />Part of Outlot GG, Ramsey Town Center Addition, to be platted as: <br />Lot 1, Block 1, Java Auto Parts. Anoka County, Minnesota <br />PID Number: Portion of 28-32-25-41-0020 ("Property") <br />3. PURCHASE PRICE. The purchase price for the Property is $228,900 (the "Purchase <br />Price"). <br />4. BUYER. Buyer desires to assign the Purchase Agreement to Java Ramsey Casey's Outlot, <br />LLC, and Seller agrees to and accepts said assignment. <br />Agreement <br />1. AMENDMENT APPROVAL. Buyer and Seller hereby approve this First Amendment to <br />Purchase Agreement as modified by the above Recitals, which are hereby incorporated <br />herein. <br />2. REMAINING TERMS. All other provisions of the Purchase Agreement remain unchanged <br />except to the extent inconsistent with the terms of this First Amendment to Purchase <br />Agreement. The terms used in this First Amendment to Purchase Agreement have the same <br />meaning as in the Purchase Agreement. <br />SELLER: City of Ramsey, a Minnesota municipal corporation <br />By: Dated: , 2021 <br />Mark E, Kuzma, Mayor <br />Page 1 of 2 <br />
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