HomeMy WebLinkAbout90-0328 Elgin Development 90 - o3a7
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Second Amendment to Real Estate Sale Contract
dated March 13, 1989, between the City of Elgin, as Seller,
and the Elgin Development Corporation, as Purchaser
The Real Estate Sale Contract dated March 13, 1989 , between
the City of Elgin, as Seller, and the Elgin Development
Corporation, as Purchaser ( "Sales Contract" ) , is hereby amended
as follows:
R-1 Contingency Dates . The Purchaser's obligation to
proceed to close the transaction contemplated by the Sales
Contract is contingent upon the satisfaction of the Conditions to
Closing (as defined in the Rider to the Sales Contract) on or
before April 30, 1990 .
R-2 Closing Date. The closing date specified in paragraph
16 of the Rider to the Sales Contract is hereby amended to be no
later than April 30, 1990 .
Dated this 'kx day of O C:0J , 1990 .
Seller: Purchaser:
CITY OF ELGIN ELGIN DEVELOPMENT CORPORATION,
an Illinois not-for-profit
corporation
By: By: � �
Mayo' of the City of Elgin Its: PRss'Tn NT