HomeMy WebLinkAboutFine Art Gallery and Offices/Exhibit B - Proposal for Redevelopment ' ZI
EXHIBIT B
PROPOSAL FOR REDEVELOPMENT
PROJECT NAME: Private Redevelopment of Redevelopment Parcel No.21.
INTENDED USE: ROE ALT 6AL-L Act\ Q RC S
BIDDER'S PRICE: $ 0/ /0/
BIDDER'S DEPOSIT: $
NAME: -^ E-' L C
(Corporate Name or Authorized Representative) �,�` l ('
BIDDER'S ADDRESS: ( \ 1 I �1��A'2(��! b to ��� vz4 ( -' \--1"0633
The undersigned, the Ltt2LE.__.L.1_ .� of tA�L j TI (the"Bidder")having
familiarized itself with the present conditions of the Redevelopment Parcel,offers to purchase from CRC The
Redevelopment Parcel for the sum of$ ,"0,/Q7(=° , and tenders herewith an earnest money deposit
of $ iS eyr, , (the"Deposit"); provided that: (a) if this offer is not accepted within 60 days after its
receipt by CRC,then Bidder shall have the right to withdraw this offer and to secure the return of the Deposit;
and (b)if another offer for the Redevelopment Parcel is accepted by CRC,then CRC shall return the Deposit
to Bidder within ten days after acceptance of such other offer.
In submitting this offer it is understood that CRC reserves the right to reject this offer.
If this offer is accepted,then,within 20 days after notification of such acceptance,Bidder shall
execute a binding Project Agreement with CRC, which Project Agreement shall: (a) include the terms and
conditions outlined in Exhibit G to the Bid Package; (b) commit Bidder to: (i) satisfy the Conditions for
Redevelopment, including, without limitation, implementing the Development Guidelines; and (ii) fulfill the
commitments made by Bidder in this offer; and (c) provide for the return or disposition of the Deposit.
If Bidder fails to enter into the Project Agreement within a reasonable time,as determined by
CRC, then CRC shall have the option of declaring the Deposit forfeited, as liquidated damages.
If this offer is accepted,then:(a)Bidder shall use the Redevelopment Parcel only for the use
set forth in Bidder's Redevelopment Proposal; and (b)title to the Redevelopment Parcel shall be held•in the
nameof _t�U'Z 4r- ( 'L' G
Notice of the acceptance or rejection of this offer shall be deemed to be given or delivered
if delivery is made in person or by: (a) electronic facsimile transmission to the number set forth below the
signature of Bidder, with electronic confirmation of receipt; or (b) reputable overnight delivery service or
certified mail, postage pre-paid, in either case,to the address set forth below the signature of Bidder, with
return receipt requested.
The undersigned certifies he or she is authorized to execute and deliver this offer on behalf
of Bidder.
Attached hereto and incorporated herein by reference are the following:
Attachment A- Legal Description
Attachment B - Project Description
Attachment C - Statement of Bidder's Qualifications
All capitalized terms used but not defined herein shall have the meanings ascribed to such
terms in the Notice of Sale of Real Estate for the Private Redevelopment of Redevelopment Parcel No.21.
i(
4-1k I WITNESS WHEREOF,the undersigned has executed this offer on behalf of Bidder as of
this I day of LI._ , 2005.
BIDDER:
L.A � �� (. _ , C ,
11
By: a�iit '
Printed: E U .) l__.-\Y`-t E_
Title: ?r-e s l 0 E--(■ T'
Address: ktglk tive, R� b
Telephone No.: i i l/ g J `0-7 Ss
Facsimile No.:
ACCEPTANCE
This offer is accepted this day of ,2005.
THE CITY OF CARMEL
REDEVELOPMENT COMMISSION
By:
Printed:
Title: