OTHERAMENDED

City of Westwood Special Meeting Agenda Packet May 2025

Fourth Amendment Extends Westwood School Site Purchase Agreement

$2,650,000 plus carrying costs of $135,000 (added under the Third Amendment), additional carrying costs not to exceed $25,000 for utilities, and $400,000 for demolition (max total: $3,210,000)City of WestwoodSHAWNEE MISSION SCHOOL DISTRICTMay 29, 2025

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Description

The City of Westwood is considering a Fourth Amendment to its purchase agreement with Shawnee Mission School District for the former Westwood View Elementary School site, keeping the base price at $2.65 million and extending deadlines. The amendment incorporates additional costs and moves the closing date to late November 2025.

Contract Details

Contract Amount

$2,650,000 plus carrying costs of $135,000 (added under the Third Amendment), additional carrying costs not to exceed $25,000 for utilities, and $400,000 for demolition (max total: $3,210,000)

Vendor

SHAWNEE MISSION SCHOOL DISTRICT

Agency

City of Westwood, KS

Contract Type

OTHER

Document Date

May 29, 2025

Contract Term

Purchase agreement extension; closing date extended to November 28, 2025; due diligence/payment deadline October 31, 2025

Renewal Date

2025-11-28

Renewal Info

Third amendment previously extended deadlines; this is the fourth amendment. New closing/due diligence deadlines are November 28, 2025/October 31, 2025 respectively. Additional carrying costs and demolition expenses may apply. No auto-renewal; further extensions may require additional amendments.

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