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BOOK J U J PAGE ' 3 Q_ <br />11.A. FLINN OPTION AGREEMENT AMENDMENT <br />The Board reviewed the Amendment as follows: <br />AMENDMENT TO <br />OPTION AGREEMENT <br />FOR SALE AND PURCHASE <br />This Amendment, made this J� L day of ,9c u eci.SOn 1997 between <br />Indian River County (Purchaser) and the Flinn's (Seller); <br />WITNESSETH: <br />WHEREAS, on August 14, 1997 an option agreement for sale and <br />purchase was entered into between Purchaser and Seller, and <br />WHEREAS, the option has an expiration date of December 15, 1997; and <br />WHEREAS, Purchaser is entering into a cost share purchase with other <br />public entities; and <br />WHEREAS, completion of all necessary approvals by December 15, 1997 <br />may not be possible. <br />NOW, THEREFORE, in consideration of the mutual terms, conditions, <br />promises, covenants and other consideration which is hereby acknowledged, <br />Purchaser and Seller agree as follows: <br />1. Paragraph 2 of the option agreement is amended by changing tihe <br />option expiration date from December 15, 1997 to February 27, 199$. QBE �p <br />2. All other terms and conditions of the option remain unchanged. <br />IN WITNESS WHEREOF Purchaser and Seller have entered into this <br />amendment on the day and year first written above. <br />ON MOTION by Commissioner Adams, <br />SECONDED by Commissioner Macht, the Board, <br />by a 4-0 vote (Commissioner Ginn being absent) <br />unanimously approved the Amendment to Option <br />Agreement for Sale and Purchase with Robert A. <br />Flinn and Frances Flinn, his wife, and Richard M. <br />Flinn and Catherine M. Flinn, his wife, and ratified <br />the Chairman's execution thereof, as recommended <br />by staff. <br />AMENDMENT IS ON FILE IN THE <br />OFFICE OF THE CLERK TO THE BOARD <br />DECEMBER 23, 1997 <br />