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RESOLUTION NO. 77 SERIES 2015 A RESOLUTION APPROVING A NINTH AMENDMENT TO THE PURCHASE AND SALE AGREEMENT BY AND BETWEEN LOUISVILLE MILL SITE, LLC AND THE CITY OF LOUISVILLE. WHEREAS, the City of Louisville ( "City ") is the owner of that certain real property totaling 1.069 acres, more or less, commonly referred to as the downtown Louisville Grain Elevator site located at 540 and 544 Front Street, which property is legally described on Exhibit A attached hereto and incorporated herein by reference (the "Property "); and WHEREAS, the historic Louisville Grain Elevator on the Property is a significant historic structure in the community which helps tell the story of the area's agricultural history; and WHEREAS, the preservation, restoration and rehabilitation of the historic Louisville Grain Elevator is a project worthy of funding from the City's Historic Preservation Fund (HFP); and WHEREAS, A Purchase and Sale Agreement ( "Agreement ") between the City and Louisville Mill Site, LLC, ( "LMS ") was approved on August 20, 2013 by Resolution No. 3, Series 2013; and WHEREAS, the Parties previously executed a First Amendment, Second Amendment, Third Amendment, Fourth Amendment, Fifth Amendment, Sixth Amendment, Seventh Amendment, and Eighth Amendment to the Purchase and Sale Agreement to modify certain dates within the Agreement, and the original agreement as amended by said amendments is hereafter referred to as `-`the Agreement;" and WHEREAS, Purchaser and Seller desire to further amend the Agreement to modify the provisions thereof regarding the Scope of Work completion date and the Closing Date. WHEREAS, City Council by this Resolution desires to approve a Ninth Amendment to the Purchase and Sale Agreement and authorize its execution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: Section 1. The proposed Ninth Amendment to the Purchase and Sale Agreement ( "Agreement ") between City of Louisville and Louisville Mill Site, LLC is hereby approved in essentially the same form as the copy of such Agreement accompanying this Resolution. Resolution .No. 77, Series 2015 Page 1of2