Exhibit 10.75
THIRD AMENDMENT TO PURCHASE AND SALE CONTRACT
This Third Amendment to Purchase and Sale Contract (this “
Amendment ”) is made as of July 2, 2009, between
FISHERMAN’S LANDING APARTMENTS LIMITED PARTNERSHIP, a Florida
limited partnership and CCIP/3 SANDPIPER, LLC, a Delaware limited
liability company, each with an address at 4582 South Ulster Street
Parkway, Suite 1100, Denver, Colorado 80237 (“ Seller
”) and DT GROUP DEVELOPMENT, INC., a California corporation,
with an address at 5355 Cartwright Avenue, Suite 317, North
Hollywood, California 91601 (“ Purchaser ”).
W I T N E S S E T H:
WHEREAS , Seller and Purchaser entered into a Purchase and
Sale Contract dated as of May 1, 2009, as amended by that certain
First Amendment to Purchase and Sale Contract dated as of June 16,
2009, as amended by that certain Second Amendment to Purchase and
Sale Contract dated as of June 19, 2009 (as amended, the “
Agreement ”) with respect to the sale of two certain
properties known as Solana Vista and located in Manatee County,
Florida and Sienna Bay located in Pinellas County, Florida, as
described in the Agreement; and
WHEREAS , Seller and Purchaser desire to amend the Agreement
on the terms set forth herein.
NOW, TH