Laserfiche WebLink
® VIRGINIA ASSOCIATION OF REALTORS® <br />ADDENDUM TO CONTRACT OF PURCHASE 1121 <br />REALTOR' <br />• This ADDENDUM, which Ia allached to asM made s part of a Comncl of Purehase dalad October 17, .1905— <br />F <br />between state of MaN Mahares; Martha A. Claxton, Executrix ("Sella") <br />,ad City of Charlottesville & County of Albemarle ("Purchaser') <br />provides: <br />(1) PERIOD OF OPTION - four months frau date of contract - February 17 1986 <br />(2) OPTiaN FEE - $10.000.00 held in escrow by Venable Minor & Associates, Inc. and to <br />apply to purchase price if option is exercised. <br />(3) PURCHASE PRICE - $725,000.00 - cash at closing with $10,000.00 escrow applying to <br />purchase price and $715,000.00 due. <br />(4) RATIFICATION - this contract has been executed by the City Manager and the County <br />Executive subject to ratification by their respective governing bodies. In the <br />event such ratification does not occur on or before November6,1985, the cmtract <br />shall be null and void, and the $10,000.00 escrow paynlnatt shall be returned to the <br />• <br />18 <br />(5) It is understood by all parties that this transaction will not give rise to "land <br />Use' taxes. Seller not responsible for "land Use" taxes. <br />WITNESS the following duly authorized signatures and seals: V le Minor & Assoc. I1x.. (SE <br />SEP ATE ALL COPIES BEFOREBNSNG BELOW] RFALIOR <br />of t d (SEAL) (B¢AL) <br />Estalle <br />Mary MaFAMs; A, Claxtm)executrix ty cit m� <br />_(SEAL) ✓ (SEAL) <br />Seller county sit Alii Jar <br />(The foregoing norm may only be used by members in good standing of the VirgiNu Armriminn of REALTORS*. Expressly prohibited <br />me the duplication or reproduction of such form, or the use of the name 'Virginia Association of REALTORS*' In ccumeahm with any <br />written form, without the written consent of the Virginia Association of REALTORS*.) <br />VAR Form 600.0 7/81 <br />