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<br />':'..J , i j I ~ J '. \...: j~) I " i ,J :\/1 <br /> <br />IC'JL ( <br /> <br />;! <br /> <br />February 18,2000 <br />Page 3 <br /> <br />Ou page 12, paragraph 14 entitled "Assignment" can be removed. <br /> <br />The last item for dis~ussion is paragraph 22 entitled "Remedies," The prelimUl8J."')' draft of the <br />Purchase Agreement was done ,",ith some opTional language contained ir. this paragraph. I will <br />make the appropriate modification to the dreft copy. but be advised that it will read such that if <br />the seller defaults under this Purchase Agreement, the City has the option of either recovering <br />damages from th~ Seller or suing for specific performance of the Agreement. Specific <br />performance simply means that we ask the District Coun to order the property o\'mer to follow <br />through ,.rith the sale of the property per our Purchase Agreement contract. The remaining <br />language in That paragraph will be deleted. <br /> <br />\Vhile 1 ant out of the office, Sarah \\111 be available to redraft the Ii.ll'chflse Agreem~nt according <br />to the above comments. Of course, the above mocti.fic.stions '7\':ill requite some technical <br />modification in paragraph numbers IUld assignment. but Sarah win take care of that If there are <br />any further substantiye changes being requested by either the City or Mr. Hubers, I can review <br />thQse changes when I am back. in the office. Iffor some reason there is an u.'1expected <br />acceleration of this process, please let Sarah know and she will be able to contact me if <br />necessary. <br /> <br />7':'380_1 <br />