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HomeMy WebLinkAbout20252818 Resolution Approve Amendment to Contract to Buy and Sell Commercial Real Estate Located at 908 11th Avenue,Extending Closing Date to November 3,2025,and Authorize Chair to Sign—2985 1st Ave,LLC Whereas,the Board of County Commissioners of Weld County,Colorado,pursuant to Colorado statute and the Weld County Home Rule Charter,is vested with the authority of administering the affairs of Weld County,Colorado,and Whereas,on September 29,2025,the Board accepted an assignment of a Contract to Buy and Sell Commercial Real Estate,between the County of Weld,State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Facilities Department, and 2985 1st Ave, LLC, to purchase the property located at 908 11th Avenue,Greeley,Colorado,and Whereas,the Board has been presented with an amendment to said Contract,which extends the closing date to November 3,2025,and Whereas,after review,the Board deems it advisable to approve said amendment,a copy of which is attached hereto and incorporated herein by reference. Now,therefore,be it resolved by the Board of County Commissioners of Weld County, Colorado,that the Amendment to the Contract to Buy and Sell Commercial Real Estate to purchase the property located at 908 11th Avenue,Greeley,Colorado,which extends the closing date to November 3,2025,be,and hereby is,approved. Be it further resolved by the Board that the Chair be,and hereby is,authorized to sign said amendment. The Board of County Commissioners of Weld County,Colorado,approved the above and foregoing Resolution,on motion duly made and seconded,by the following vote on the 15th day of October,A.D.,2025: Perry L.Buck,Chair:Aye Ir► +■•.r Scott K.James,Pro-Tem:Aye /'\.! Jason S.Maxey:Aye ♦ ` + Lynette Peppler:Aye i = -Mai Kevin D.Ross:Aye Y Approved as to Form: �''► 11, „�� Bruce Barker,County Attorney Attest: Esther E.Gesick,Clerk to the Board cc:pG(PO I ma),ACT(RwIce) 2025-2818 CAc 3br KmI BG0027 \o\as\as Waypoint Real Estate l® waypoin 1.} 125 S Howes,Suite 500 , REAL ESTATE Fort Collins,CO 80521 Phone: (970)632-5050 I I The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission. 2 I (AE41-8-24)(Mandatory 8-24) 3 4 THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR 5 OTHER COUNSEL BEFORE SIGNING. 6 7 AGREEMENT TO AMEND/EXTEND CONTRACT 8 9 Date: October 13, 2025 I0 11 1. This agreement amends the contract dated February 26, 2025 (Contract),between 12 2985 1ST AVE LLC (Seller), and COUNTY OF WELD, STATE OF COLORADO, a body politic and corporate 13 (Buyer),relating to the sale and purchase of the following legally described real estate in the County of Weld, 14 Colorado(insert legal description): 15 The North 140 feet of Lots 14, 15 and 16, Block 66, 16 CITY OF GREELEY, 17 County of Weld, State of Colorado. 18 19 20 21 22 23 known as: 908 11 th Avenue Greeley CO 80631 (Property). 24 Street Address City State Zip 25 26 NOTE:If the table is omitted,or if any item is left blank or is marked in the"No Change"column,it means no change to 27 the corresponding provision of the Contract. If any item is marked in the"Deleted"column,it means that the corresponding 28 provision of the Contract to which reference is made is deleted. 29 30 2. §3.1. Dates and Deadlines. [Note:This table may be omitted if inapplicable.] OMITTED AS INAPPLICABLE. 31 32 3. Other dates or deadlines set forth in the Contract are changed as follows: 33 The Closing Date shall be November 3, 2025 34 35 36 37 38 4. Additional amendments: 39 No Change 40 41 42 43 44 45 46 47 48 49 AE41 8-24.AGREEMENT TO AWF.ND/EXTF.ND CONTRACT j10/13/2025 10:13 Page 1 of 2 Buyer initials �t "�/ Seller initials 1,0Z5-2$1�(1—‘) 50 51 52 53 54 All other terms and conditions of the Contract remain the same. 55 56 This proposal expires unless accepted in writing by Seller and Buyer as evidenced by their signatures below and the offering party 57 to this document receives notice of such acceptance on or before No Change No Change 58 Date Time 59 60 Buyer's Name: Perry L. Buck, Chair, Board of Weld County Commissioners OCT 1 5 2025 E Buyer's Sign re Date "y C, - ' 1S6i r .Th Attest: J<-2114 Esth r .Gesic Clerk to e Board ' By: Deputy Clerk to the Board ttd 61 Seller's Name: Timothy Hume / - -7 Seller's Signature Date AE41.8-24.AGREEMENT TO AMEND/EXTEND CONTRACT 10/13/2025 10:13 Page 2 of 2 Buyer initials Ott Seller initials rr 2OZ5-Z81% <<-Z� Hello