HomeMy WebLinkAboutTaylor Real Estate Holdings, LLC(RECORDED)Information: Adrienne Miller, 715 Mulberry Street, Waterloo, IA 50703
Name Address City
IIIIIIO IIO III III DPI 011011001100 11 II 11
Doc ID: 008333360004 Type GEN
Recorded: 02/13/2018 at 04:17:21 PM
Fee Amt: $22.00 Pape 1 of 4
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
F11e2018-00013325
(319) 291-4366
Phone
SPACE ABOVE THIS LINE
FOR RECORDER
SECOND AMENDMENT TO DEVELOPMENT AGREEMENT and
MINIMUM ASSESSMENT AGREEMENT
This Amendment to Development Agreement and Amendment to Minimum
Assessment Agreement (the "Amendment") is entered into as of
2018 by and between Taylor Real Estate Holdings, LLC (the "Company") `and the City
of Waterloo, Iowa (the "City").
RECITALS
A. Company and City are parties to that certain Development Agreement
dated February 15, 2016 (the "DA") concerning the development of land
(the "Property") described on Exhibit "A" to the DA. Company and City are
also parties to that certain Minimum Assessment Agreement (the "MAA")
pertaining to the Property, dated as of the same date. The DA and MAA
have been filed in the land records of Black Hawk County, Iowa, as Doc.
No. 2016-18700.
B. The parties desire to amend the DA and MAA on the terms set forth
herein to change the LLC name associated with the agreements.
AGREEMENT
NOW, THEREFORE, in consideration of the premises and of other
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereby agree to amend the Agreement as follows"
1. All references to the LLC name for the agreements are hereby changed from
Taylors Ventures, LLC to Taylor Real Estate Holdings, LLC respectively.
2. Except as amended herein, the DA and MAA shall continue unmodified in fill
force and effect. This Amendment is binding on the parties and the respective
successors, assigns, transferees and legal representatives of each. This
Amendment may be executed in counterpart, each of which shall be deemed an
original and all of which, when taken together, shall constitute a single
instrument.
IN WITNESS WHEREOF, the parties have executed this Development
Agreement by their duly authorized representatives as of the date first set forth above.
CITY OF WATERLOO, IOWA COM NY
By: c tin t./��-- By:
Quentin Hart, Mayor
Attest:
Kelley Fejth e, City Clerk
STATE OF IOWA
) ss.
COUNTY OF BLACK HAWK )
On this ? (-"-°*\ day of (_):. AJ, -' AA/ , 2018, before me, a Notary Public in
and for the State of Iowa, personally appeared Quentin Hart and Kelley Felchle, to me
personally known, who being duly sworn, did say that they are the Mayor and City
Clerk, respectively, of the City of Waterloo, Iowa, a municipal corporation, created and
existing under the laws of the State of Iowa, and that the seal affixed to the foregoing
instrument is the seal of said municipal corporation, and that said instrument was
signed and sealed on behalf of said municipal corporation by authority and resolution of
its City Council, and said Mayor and City Clerk acknowledged said instrument to be the
free act and deed of said municipal corporation by it and by them voluntarily executed.
'Tom Taylor, aylor Real Estate
Holdings, LLC
NANCY HIGBY
COMMISSION NO.788229
MY COMMISSION EXPIRES
zc
STATE OF IOWA
)
) ss.
COUNTY OF BLACK HAWK
Notary Publl
Subscribed and sworn to before me o
Taylor.
psp� TIM cA�N��D�E/�R'�A�I� b
COMMISSION NO.i 72518
MY COMMISSION EXPIRES
PPFHL 11 2018
Notary Public
18 by Tom
Exhibit "A"
Tower Park No 6 Lot 2, City of Waterloo, Black Hawk County, State of Iowa.