19910723 r-91-27RESOLUTION NO. R-91-27
A RESOLUTION EXTENDING THE CLOSING DATE
OF THE SALE TO CHERYL D. COLBERT OF
SURPLUS CITY REAL ESTATE AND
IMPROVEMENTS AT 4226 UNIVERSITY DRIVE.
WHEREAS, on May 14, 1991, by Ordinance No. 1991-11, the
City Council of the City of Fairfax, Virginia declared the
real estate and improvements at 4226 University Drive to be
surplus City property, accepted the offer of Cheryl D.
Colbert dated April 10, 1991 to purchase the real estate
(the "Offer"), authorized the real estate to be sold to Ms.
Colbert, and authorized a deed to be executed by the City
Manager on behalf of the City;
WHEREAS, Paragraph 7 of the Offer obligated Ms. Colbert
to close within 60 days after May 14, 1991 (i.e., by July
13, 1991);
WHEREAS, Ms. Colbert, through the office of her
settlement attorney, requests that this time period be
extended; and
WHEREAS, by this Resolution, the City Council agrees to
extend the time period as provided herein.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Fairfax, Virginia, that the City hereby agrees
to and accepts an amendment to Paragraph 7 of an Offer To
Purchase Real Estate dated April 10, 1991 from Cheryl D.
Colbert to the City of Fairfax, to provide that Ms. Colbert
shall be obligated to close no later than September 10,
1991.
BE IT FURTHER RESOLVED that all other provisions the
Offer and acceptance thereof by the City shall remain in
full force and effect.
ADOPTED this 23rd day of July 1991.
Attest:
City Clerk