The School Board and Fourth Quarter Properties, XXXII, LLC, previously entered into an "Agreement for Sale and Purchase of Real Estate" dated May 20, 2008, for the Board's acquisition of a 15-acre parcel for a south county technical high school.  Since then there have been contract addenda to extend the Inspection Period to allow additional time for further evaluation of the site and for the completion of an Interlocal Agreement between the School Board and Manatee Community College for vehicular and utility access to the site; the latest addendum extends the Inspection Period to February 27, 2009.  The Board's termination of the Contract is allowed by Section 1.04 as the site has been determined to be unsuitable for its intended use.