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Mr. Frank Clifton <br /> <br />June 5, 1996 <br />Page Two <br /> <br />10. <br /> <br />Final payment'will be made when all outstanding malntenanceitems are complete,- <br />such as replacement of damaged ceiling tiles, roof leaks, I-IVAC units, etc. <br /> <br />.Payment Terms: <br /> <br /> Purchase Price <br /> <br />$650,0OO <br /> (687000) <br />$582,0O0 <br /> <br />Rent Credit <br /> <br /> '$400,000 payment on July 1, 1996; <br /> <br /> .$182,000 final payment on July 1, 1997, when all repairs complete. <br /> <br /> Attached is a Proposed Resolution for Purchase of the building for adoption by the Board <br />of Commissioners. <br /> <br />JCM:bmp <br />Enclosures <br />cc: /ohn Day <br /> <br /> <br />