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02-26-07 Item 7A, Preliminary Development Agreement
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02-26-07 Item 7A, Preliminary Development Agreement
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6/25/2007 3:38:16 PM
Creation date
6/18/2007 4:41:59 PM
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02-26-07 Item 7A, CRR Prelim Dev Agr
General - Type
Agenda Item
Category
CRR Prelim Dev Agreement Approval
Date
2/26/2007
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<br /> <br />2. Paragraph 3.0H is deleted in its entirety and substituted therefore is the following: <br /> <br />Rehbein and Ryan, for themselves, their successors and assigns, hereby <br />tnlconditionally, jointly and severally guaranty of the obligations of CRR <br />to fund the earnest money and the Purchase Price as provided in <br />paragraphs 3.0B and 3.0C, respectively. <br /> <br />3. <br />and effect. <br /> <br />Except as set forth herein, the Guaranty shall remain unmodified and in full force <br /> <br />IN WITNESS WHEREOF, the parties have executed this First Amendment effective as <br />of the day and year lust above written. <br /> <br />CITY OF ARDEN IDLLS <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />CRR, LLC <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />RYAN COMPANIES US, INe. <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />REHBEIN COMPANIES, INe. <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />4138368_2.DOC <br />012307 <br /> <br />304669v2 SJB AR2OO-4 <br /> <br />2 <br />
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