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EXHIBIT 2.3
SECOND AMENDMENT TO CONTRACT OF SALE
THIS AGREEMENT, made as of this 25th day of August, 2000, between CT
OPERATING PARTNERSHIP, L.P., CT RETAIL PROPERTIES FINANCE IV, LLC, CT RETAIL
PROPERTIES FINANCE I, LLC AND CENTER TRUST RETAIL PROPERTIES FINANCE III, LLC
(collectively, "Sellers"), and KIMCO REALTY CORPORATION ("Purchaser").
W I T N E S S E T H:
WHEREAS:
A. Sellers and Buyer entered into an Agreement for Purchase and Sale as
of July 12, 2000 as amended by Amendment to Contract of Sale dated August 10,
2000 covering a portfolio of six shopping center properties (collectively the
"Contract of Sale"); and
B. Sellers and Buyer wish to amend the Contract of Sale so as to extend
the Due Diligence Period.
NOW, THEREFORE, in consideration of the premises, the mutual covenants
contained herein, and other good and valuable consideration, the receipt and
sufficiency of which is hereby mutually acknowledged, it is agreed as follows:
1. The definition of "Due Diligence Completion Date" in Article I of the
Contract of Sale is hereby amended from August 25, 2000 to August 29, 2000.
2. Except as expressly amended hereby, the parties acknowledge that the
Contract of Sale is and remains in full force and effect and has not been
heretofore modified or amended.
3. This instrument may be executed and delivered via facsimile
transmission.
IN WITNESS WHEREOF, the parties have executed this instrument as of the
date above set forth.
"SELLERS"
CT OPERATING PARTNERSHIP, L.P., a
California limited partnership
By: CENTER TRUST, INC., a Maryland
corporation, its general partner
By:
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Name:
Title:
CT RETAIL PROPERTIES FINANCE I, LLC,
a Delaware limited liability company
By: CT OPERATING PARTNERSHIP, L.P., a
California limited partnership
By: CENTER TRUST, INC., a Maryland
corporation, its general
partner
By:
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Name:
Title:
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CENTER TRUST RETAIL PROPERTIES
FINANCE III, LLC, a Delaware
limited liability company
By: CT OPERATING PARTNERSHIP, L.P., a
California limited partnership
By: CENTER TRUST, INC., a Maryland
corporation, its general
partner
By:
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Name:
Title:
CT RETAIL PROPERTIES FINANCE IV, LLC,
a Delaware limited liability company
By: CT OPERATING PARTNERSHIP, L.P., a
California limited partnership
By: CENTER TRUST, INC., a Maryland
corporation, its general
partner
By:
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Name:
Title:
"BUYER"
KIMCO REALTY CORPORATION, a Maryland
corporation
By:
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Name:
Title: