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� EN HILLS <br />MEMORANDUM <br />DATE: <br />TO: <br />��U <br />August 21, 2008 <br />Mayor and City Cauncil <br />Ron Moorse, City Administraior <br />/� <br />SUSJECT: Amendment #$ to the TCAAP Property Offer To Purchas� <br />BACKGROUND/DISCUSSION <br />The cuzxent TCA.AP property Offer To Purchase indicates the parties wiil reach agreement on the <br />Purchase Price Caredit by September 1, 2008. Ita May of 2008, an updated sck�edule was provided <br />to the Army and GSA showing the steps necessary far determining the Purchase Price Czedit, <br />and �etting out a timeline for reaching agreement on the Purchase Price Credit. The updated <br />schedule reflected a daie of August 28, 2009 far reaching agreernent on the Purchase Price <br />Credit. <br />Prior to Septernber 1, 2008, it is necessary to amend the Offer To Purchase to change ihe date <br />regarding the �'urchase Price Credit. The attached amendmeni #8 to the Offer To Purchase <br />reflects the date of Septe�xaber l, 2p09 for reaching agreement on the Purchase Price Credi�. <br />RECOMMENDED COUNCIL ACTY�N <br />Motion to approve amendment # 8 to the TCAAP property Offer To Purchase io reflect the date <br />of Septernber 1, 2009 for reaching agreement on. the Purchase Price Credii. <br />11ivletro-inetlardenhillslAdminlCity AdmirsistratorlGeneral documentslRCA's1RCA OTP amend 8 8-21-OS.doc <br />