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File #: 2024-1164   
Type: Agenda Item Status: Passed
File created: 4/15/2024 In control: City Council
On agenda: 5/7/2024 Final action: 5/7/2024
Title: Approve the Second Addendum to the Contract for Sale and Purchase with Ocala Aviation, LLC
Attachments: 1. FOR COUNCIL - Addendum 2 - City of Ocala to Ocala Aviation LLC - Revised - JRG -4-11-2024, 2. Fully Executed - Contract for Sale and Purchase - Ocala Aviation LLC, 3. Fully Executed - First Addendum to Sale and Purchase Agreement - Ocala Aviation

Submitted By: Sean Lanier

presenter

Presentation By: Tracy Taylor

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Department: Engineering

STAFF RECOMMENDATION (Motion Ready):

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Approve the Second Addendum to the Contract for Sale and Purchase with Ocala Aviation, LLC

 

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OCALA’S RELEVANT STRATEGIC GOALS:

Quality of Place

PROOF OF PUBLICATION:

N/A

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BACKGROUND:

The sales and purchase contract for three one-acre parcels to Ocala Aviation, LLC was previously amended with Addendum 1. The agreement requires an additional addendum to change two aspects of the agreement:

1.                     Change the closing date as amended by Addendum 1, from on or before November 30, 2023, to on or before July 11, 2024; and

2.                     Change buyer to “Ocala Aviation, LLC and/or its assigns”.

The Council approved contract and the first addendum are attached.

 

FINDINGS AND CONCLUSIONS:

The contract was presented to and adopted by the Ocala City Council March 7, 2023. Addendum 1 was presented to and adopted by Council October 17, 2023.  Staff recommends approval.

 

FISCAL IMPACT:

None

PROCUREMENT REVIEW:

This contract addendum has been reviewed by the Procurement and Contracting Officer in compliance with City policy.

 

LEGAL REVIEW:

This contract addendum has been reviewed and approved for form and legality by City Attorney, William E. Sexton.

 

ALTERNATIVE:

                     Approve with Changes

                     Table

                     Deny