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HomeMy WebLinkAboutTitle Services Corporation-4/25/2011SECOND AMENDMENT TO CONTRACT FOR ABSTRACTING SERVICES This Second 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 "Agreement") 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 Agreement, the initial term of the Agreement was for twelve (12) months, from November 1, 2009 to October 31, 2010 and the first amendment to contract renewed the original Contract for six (6) months, from November 1, 2010 to April 30, 2011; and, WHEREAS, the Agreement 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 Agreement. NOW, THEREFORE, the parties hereby amend the Agreement to extend the term thereof for an additional period of six (6) months, from May 1, 2011 to October 31, 2011. All other terms and conditions of the Agreement shall remain in full force and effect, without modification. IN WITNESS WHEREOF, the parties have caused this First Amendment to Contract for Abstracting Services to be executed by their duly authorized representatives, effective as of the last date stated below. CITY OF W TERLOO, IOWA Date: rnest G. Clar , Mayor Attest: Suzy S'chares, City Clerk TITLE SERVICES C,9 RPORATION By: Charles P. Aug `s- ice President Date: April 11, 2011