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HomeMy WebLinkAboutFlowers Baking Co.-2/2/2015FIRST AMENDMENT TENT TO PURCHASE AND SALE AGREEMENT T S FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this "A11 endment") is made effective as of the loth day of January, 2015, by and between FLOWERS BAIRN CO. OF WATERLOO, LLC, an Iowa limited liability company ("Seller"), and T CITY OF WATERLOO, an Iowa municipal corporation ("Buyer"). W!TNESSET WHEREAS, Seller and Buyer entered into that certain Purchase and Sale Agreement dated as of December 15, 2014 (the "Contract"), regarding certain real property and improvements lying and being in Waterloo, Iowa, as more particularly described in the Contract (the "Property"); "1 REAS, Buyer and Seller now desire to amend the Contract; and h REAS, Seller and Buyer are entering into this Amendment for the purpose of setting forth their agreement with respect to such amendment. 1111, NOW, T .:il REFORE, for and in consideration of the foregoing premises, and other good and valuable consideration, the receipt and sufficiency of which Buyer and Seller acknowledge, Buyer and Seller agree as follows with respect to the Contract: 1. Definitions. To the extent not otherwise defined herein, all capitalised terms used in this Amendment shall have the meanings ascribed to them in the Contract. 2. Personal Property. Notwithstanding what is set forth in the last sentence of paragraph 1 of the Contract, Buyer and Seller hereby agree that the items hi.blighted in green on the list of personal property attached hereto as Exhibit "A", and made a part hereof by reference, are the only items of personal property that Seller will be removing from the Property. All other items of personal property shall remain on, and become part of, the Property and shall transfer to Buyer at Closing. 3. Due `Iilige.i ce Date. Notwithstanding what is set forth in paragraph 5(b) of the Contract, the Due Diligence Date is hereby extended to January 30, 2015. 4. Acknowledgment. Seller and Buyer hereby acknowledge that all references to the "Purchase and Sale Agreement" in the documents delivered in connection with the Closing shall be deemed to refer to the Contract, as amended by this Amendment. 5. Miscellaneous. (a) Except as and to the extent expressly modified and amended herein, Buyer and Seller ratify the Contract in accordance with its terms. US2008 6284848 2 (b) This Amendment may be executed in a number of identical counterparts. If so executed, each of such counterparts shall be deemed an original for all purposes, and all such counterparts shall, collectively, constitute one agreement. (c) This Amendment may be signed and transmitted electronically or by facsimile machine. The signature of any person on an electronically or facsimile copy hereof shall be considered an original signature and an electronically or facsimile transmitted copy hereof shall have the same binding effect as an original signature on an original document. (d) Each party to this Amendment represents and warrants that such party has full and complete authority to execute this Amendment, and each person executing this Amendment on behalf of a party represents and warrants that he or she has been fully authorized to execute this Amendment on behalf of such party, and that such party is bound by the signature of such representative. (e) In the event of a conflict between the terms of this Amendment and the other terms of the Contract, the terms of this Amendment shall control. (i) This Amendment shall be governed by, interpreted under, and construed and enforceable in accordance with, the laws of the State where the Property is located. US2008 6284848 2 IN WITNESS WHEREOF, the parties have caused their duly authorized representatives to execute, seal and deliver this Amendment, all as of the day and year first written above. SELLS i ¥LOWERS !:tAIUNG CO. SF WATERL IO, LLC, an Iowa limited liability company By: Name: Title: ITER: THE CITY OF WA I' RLO S , an Iowa municipal corporation Title: 11/4110,y0r US2008 6284848 2 Exhibit "A" Personal Property List (See Attached - items to be removed are highlighted in green) US2008 6284848 2 Barcode Description Manufactur Model SerialNumb 100004478 MIXING ACCESSORIES HASS RK750 100009001 MIXER BP 13 100009002 SCALE/METER FAIRBANKS IND-HR2300-2 0420402.00119 100009006 SCALE/METER TOLEDO PANTHER 100009007 SCALE/METER TOLEDO PANTHER 100009008 MIXER BP 16 /00009071 SCALE/METER FAIRBANKS IND-HF2300-2 03310200027 100009012 TANK CHERRY BURRELL UNK E-1-91 /00009015 SCALE/METER CONTREC 414 100009018 DIVIDER AMF UNK 100009020 APPLICATOR UNK UNK 100009021 CONVEYOR(s) BMI UNK 100009022 CONVEYOR(s) BMI UNK 100009023 CONVEYOR(s) BMI UNK 100009024 CONVEYOR(s) BMI 4181 11767-9 100009025 CONVEYOR(s) BMI 4181 11767-10 100009026 MOULDER UNK SHEETER 100009027 MOULDER UNK MOULDER 100009028 CONVEYOR(s)` BMI 4181 11767-4 100009029 MOULDER IBC UNK 100009030 CONVEYOR(s) BMI 4181 _ 11767-2 100009032 CONVEYOR(s) UNK UNK 100009033 PAN GREASER BURFORD 7300 11427 100009034 CONVEYOR(s) UNK UNK 100009035 CONVEYOR(s) UNK UNK 100009037 CONVEYOR(s) UNK UNK 100009038 CONVEYOR(s) BMI 4181 11767-5 100009039 CONVEYOR(s) BMI 4181 11767-6 100009040 CONVEYOR(s) BMI 4181 11767-7 100009042 OVEN BP 970 53555 100009044 CONVEYOR(s) STEWART UNK 100009045 CONVEYOR(s) VP UNK /00009046 CONVEYOR(s) STEWART UNK 100009047 DEPANNER UNK UNK 100009048 CONVEYOR(s) STEWART UNK 100009049 CONVEYOR(s) STEWART UNK 100009050 CONVEYOR(s) STEWART UNK 100009058 CONVEYOR(s) STEWART UNK 100009059 CONVEYOR(s) STEWART 100009060 CONVEYOR(s) STEWART UNK 100009061 CONVEYOR(s) STEWART UNK 100009062 APPLICATOR CLAYTON HGCD 138 100009063 CONVEYOR(s) STEWART UNK 100009064 CONVEYOR(s) STEWART '100009065 CONVEYOR(s) STEWART UNK 100009066 CONVEYOR(s) STEWART UNK 100009067 CONVEYOR(s) STEWART UNK 100009068 COOLER - MULTIFLEX STEWART _ UNK 100009069 COOLER METALWAS H UNK 100009070 CONVEYOR(s) STEWART UNK 100009071 CONVEYOR(s) STEWART UNK 100009073 METAL DETECTOR GORING KERR 60AI 22INTAE 27144-2143 US2008 6284848 2 Page 118 of 128 100009074 CONVEYOR(s) STEWART UNK 100009075 CONVEYOR(s) STEWART UNK 100009076 CONVEYOR(s) STEWART UNK 100009077 CONVEYOR(s) STEWART UNK 100009078 CONVEYOR(s) STEWART UNK 100009079 CONVEYOR(s) STEWART UNK 100009080 CONVEYOR(s) STEWART UNK 100009083 BAG CLOSING EQUIPMENT BEDFORD 2000 14649 100009086 BAGGER FORMOST GT -4 100009087 BAG CLOSING EQUIPMENT BURFORD 2100 11520 100009089 BAG CLOSING EQUIPMENT BURFORD 2000 14680 100009091 SLICER AMF 75 `100009094 SLICER AMF 75 37621 100009097 BAG CLOSING EQUIPMENT BURFORD 2100LE 15478 100009101 BOILER KEWANEE 415922A 100009102 TANK UNK UNK 100009103 BOILER KEWANEE L35 -150 -GO 94992 100009105 SIFTER, FLOUR PRATER UNK 100009107 AIR COMPRESSOR QUINCY QSI-245 91205H 100009108 SCALE/METER TOLEDO = 2181 10089 100009109 AIR COMPRESSOR QUINCY QSI235 9-1925 100009110 AIR DRYER ZEKS UNK 100009112 TANK TRICITY UNK 100009113 TANK TRICITY UNK 100009114 APPLICATOR BURFORD 901 100009115 SHOP EQUIPMENT / LAB / SANITATION METALWASH RS48X84 4768 /00009116 TANK UNK UNK 100009117 TANK UNK 1500GALLON 100009119 AIR COMPRESSOR CURTIS FA9801 100009120 FORKLIFT CLARK TM15S TM747-0384-8990FB 100009121 BAG CLOSING EQUIPMENT BURFORD 2000 13536 100009122 BAG CLOSING EQUIPMENT BURFORD 2000 11519 100009123 BAG CLOSING EQUIPMENT BURFORD 2100 11990 100009124 BAG CLOSING EQUIPMENT BURFORD 2100 15076 • • • • • . ..re* e U - . N WI: I'll , e . S OTS 291 24AS-230 10678 100009129 SHOP EQUIPMENT / LAB / SANITATION JOHN DEERE UNK 100009132 SHOP EQUIPMENT' / LAB / SANITATION WILTON UNK `100009133 SHOP EQUIPMENT I LAB 1 SANITATION DELTA 17900 0015 /00009134 SHOP EQUIPMENT 1 LAB / SANITATION DAYTON 4Z909B 9907 100009135 SHOP EQUIPMENT I LAB / SANITATION LINCOLN UNK A23507 100009136 SHOP EQUIPMENT / LAB / SANITATION LINCOLN POWER MIG255 100009137 SHOP EQUIPMENT FLAB /SANITATION HARMAL UNK 100009138 SHOP EQUIPMENT / LAB / SANITATION RIGID UNK 100009139 FIRE PROTECTION SYSTEM UNK 100009140 SHOP EQUIPMENT / LAB / SANITATION UNK UNK 100009141 FERMENTATION ROOM UNK UNK 100009142 WASTEWATER SYSTEM UNK UNK 100009143 SHOP EQUIPMENT / LAB / SANITATION UNK UNK '100009144 FLOUR SYSTEM 1 UNK UNK 100009145 SHOP EQUIPMENT / LAB / SANITATION KING UNK /00009147 DOLLY / PAN TRUCKS /:2 WHEELERS ' UNK UNK '100009148 SHOP EQUIPMENT / LAB / SANITATION ALTO EZ -8 100009151 PALLET RACK 1 UNK UNK 100009152 SHOP EQUIPMENT / LAB / SANITATION UNK UNK 100009153 SHOP EQUIPMENT 1 LAB 1 SANITATION ENERPAC 25TON US2008 6284848 2 Page 119 of 128 100009154 SHOP EQUIPMENT / LAB / SANITATION UNK UNK 100009155fSCALE/MEFER I OHAUS CD11 ' 0060683-6LF 100009156 'SCALE/METER FAIRBANKS # IND-HR2300-2 021930150103 100009159 HVAC EQUIPMENT UNK UNK 100009160 MIXING ACCESSORIES UNK UNK 100009161 FERMENTATION ROOM UNK UNK 100009162 SHOP EQUIPMENT / LAB / SANITATION UNK UNK 100009163 HVAC EQUIPMENT UNK UNK 100009165 HVAC EQUIPMENT UNK UNK 100009166 HVAC EQUIPMENT UNK UNK 100009167 SHOP EQUIPMENT / LAB / SANITATION CARRIER UNK 100009168 SCALE/METER MERCURY UNK 100009169'BAGGER TELE -SONIC UNK 100009170 SHOP EQUIPMENT 1 LAB / SANITATION - " UNK UNK 100009171 HVAC EQUIPMENT UNK UNK 100021187IBAGGER UBE' 100124747 BAGGER UBE - 7500208 100125443 SCALE/METER MICRO MOTION 57627054 3700A1A05DADZZ 100125444 SCALE/METER MICRO MOTION 7627050 3700A1A05DADZZ 100125445 SCALE/METER MICRO MOTION 7627099 3700A1A05DADZZ 100125446 SCALE/METER MICRO MOTION 7627053 3700A1A05DADZZ 100127487 SCALE/METER FAIRBANKS UNK 100127488 HOIST BP UNK 100127489 'SLICER - BEI IENDORF 75 37154R 100127490 SHOP EQUIPMENT / LAB /SANITATION TIGER SCISSOR LIFT 100127491 SHOP EQUIPMENT / LAB / SANITATION KING UNK 100127492 BAGGER _> UBE 75-1 7500273 100128025 PALLET JACK CLARK P4OF ' P465-0480-8113FB 100129342 BAILER UBE..' 00690 100130324 HOIST BP 47717 6524 '100130325 ROUNDER AMF UNK 100130326 CONVEYOR(s) LINK UNK 100130329 PALLET JACK MULTITON TM55 ,. 100130330 FLOUR SYSTEM UNK UNK 100130331 TANK NATIONAL 200 I BD522476 100130536 HOT.. WATER HEATER RECO NB31842 U-15426 100130537 CODER/IMPRINTER MARKEM 6096 #_; US11030114 100130538 CODER/IMPRINTER MARKEM 6096 ; US11030115 '100130539 CODER/IMPRINTER MARKEM 6096 US11030116 100131524 CHILLER (. }UNK - B -4 -OT -1-321 N/A KOC)I TROMC PANFI ('C)fI FR' } N/A 6"- MSC CABINETS 5FT HIGH- FULL OF BOLTS NUTS FITTINGS N/A l2 -,36 INCH PORTABLE FLOOR FANS j . N/A' 42 --50 GALLON DRUM LIFTS j N/A 2 - TANKS AND CUTTING TORCH N/A 1 - PORTABLE FIELD PIPE BENDER N/A'_ 2 - ELECTRICAL SAFETY SIGNS N/A 4.- DISPLAY CASES= N/A 1-- MIXING ROOM WALL THERMOMETER WA '4 -: MIXING INGREDIENT STORAGE BINS ; j N/A 2- AB POWER FLEX 4 N/A . T- SCL 500 1746 CARD N/A 6- MOP HANDLES] N/A ALL PIPE =BENDING TOOLS I N/A TAP AND DIE SET; 1. } N/A NUMBER AND Ltl I tK PUNCH St I US2008 6284848 2 Page 120 of 128