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HomeMy WebLinkAboutTitle Services Corporation-10/24/2011THIRD AMENDMENT TO CONTRACT FOR ABSTRACTING SERVICES This Third Amendment to Contract for Abstracting Services is made as of the latest date set forth below by and between the City of Waterloo, Iowa ("City") and Title Services Corporation ("Abstract Company"). WITNESSETH: WHEREAS, the City and the Abstract Company have heretofore entered into a certain Contract for Abstracting Services dated November 1, 2009 (the "Contract") for the Abstract Company to provide abstracting services to the City pertaining to the City of Waterloo's Hazard Mitigation Grant Program (HMGP) Property Acquisition Project; and, WHEREAS, pursuant to the Contract, the initial term of the Contract was for twelve (12) months, from November 1, 2009 to October 31, 2010, and subsequent amendments have extended the term in six-month intervals, with the latest amendment expiring October 31, 2011; and, WHEREAS, the Contract provides that the City and Abstract Company may renew the original Contract for six (6) month time periods by mutual agreement; and, WHEREAS, it is anticipated that there will be a need for abstracting services pertaining to the HMGP Property Acquisition Project past the amended term of the Contract. NOW, THEREFORE, the parties hereby amend the Contract to extend the term thereof for an additional period of six (6) months, from November 1, 2011 to April 30, 2012. All other terms and conditions of the Contract shall remain in full force and effect, without modification. IN WITNESS WHEREOF, the parties have caused this Third Amendment to Contract for Abstracting Services to be executed by their duly authorized representatives, effective as of the last date stated below. CITY OF WAT By: 00, IOWA TITLE SERVICES CORPO Ernest G. Clark, Mayor Date: I6`9490u Suzy Scharer City Clerk By: Charles P. 'Augustine Date: to tk (z -roil ice President