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<br />I: <br /> <br />~i. <br /> <br />B. <br /> <br />Payment of $10,000.00; <br /> <br />C. <br /> <br />Execution and delivery of a release of the current <br />obligations relating to the Property and outlined in the <br />Contract for Private Redevelopment dated as of May 8, <br />2000, as amended by the First Amendment to Contract <br />dated as of October 24, 2000 (collectively, the "May 2000 <br />Contract"). Said release shall be in form and content <br />acceptable to the Officers as evidenced by their execution; <br />and <br /> <br />D. <br /> <br />Execution of a second amendment to the May 2000 <br />Contract, which shall be in form and content acceptable to <br />the Officers as evidenced by their execution thereof. <br /> <br />The authorizations in this Section 3.01 supercede the authorizations and <br />requirements outlined in Resolution No. 01-087. <br /> <br />3.02 Upon execution and delivery of the Contract, all officers and <br />employees of the City are hereby authorized and directed to take or cause to be <br />taken such actions as may be necessary on behalf of the City to implement said <br />Contract. <br /> <br />Adopted by the Council of the City this 8th day of January, 2002. <br /> <br />sit~~ <br /> <br />{J!J~ <br /> <br />tt Fulton, City Manager <br /> <br /> <br />an Maiers, Finance Director/City Clerk <br />