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ALLEN-BUICK PROPERTY <br /> SURPLUS AND DEVELOPMENT <br /> CHRONOLOGY <br /> January 2008 Release of RFP soliciting proposals from qualified developers to <br /> purchase and develop the Allen-Buick Property <br /> June 11, 2008 City Council award of RFP to Touchstone Corporation <br /> September 3, 2008 City Council approval of 30-day extension to finalize Property <br /> Purchase Agreement with Touchstone Corporation <br /> October 15, 2008 City Council passage of Resolution 6068 surplusing Allen-Buick <br /> property and action authorizing Mayor to execute Property <br /> Purchase Agreement with Touchstone Corporation <br /> April 14, 2009 Amendment# 1 approved by City Council granting 6-month <br /> extension to Property Purchase Feasibility Period <br /> October 7, 2009 Amendment#2 approved by City Council granting 4-month <br /> extension to Property Purchase Feasibility Period <br /> February 10, 2010 Amendment#3 approved by City Council granting 4-month <br /> extension to Property Purchase Feasibility Period <br /> June 16, 2010 Amendment#4 approved by City Council granting 60-day <br /> extension to Property Purchase Feasibility Period <br /> Pending Action: <br /> August 11, 2010 Amendment#5 approval by City Council amending Property <br /> Purchase Agreement <br />