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HomeMy WebLinkAboutM and G Capital LLC - Amendment to Acquisition Contract - 12/3/2018 AMENDMENT TO ACQUISITION CONTRACT This Amendment to Acquisition Contract (the "Amendment") is entered into as of p�c�m.►� 3 , 2018, by and between City of Waterloo, Iowa ("Buyer") and M and G Capital LLC, a/k/a M & G Capital, LLC ("Seller"). WHEREAS, Buyer and Seller are parties to a certain Acquisition Contract (the "Contract") dated October 10, 2018 pertaining to Buyer's acquisition, in connection with the University Avenue reconstruction project, of certain property owned by Seller and described as set forth in the Contract and a survey plat incorporated therein; and WHEREAS,the parties desire to amend the Contract as set forth herein. NOW, THEREFORE, in consideration of the mutual promises exchanged herein, the parties hereby agree as follow: 1. Paragraph 7 of the Contract is amended to provide that Buyer will pay the abstracting cost of$680.00. 2. Except as amended herein, the Contract shall continue unmodified in full force and effect. This Amendment is binding on the parties and their respective successors and assigns. IN WITNESS WHEREOF, the parties have executed this Amendment to Acquisition Contract by their duly authorized representatives as of the date first set forth above. BUYER SELLER City of Waterloo, Iowa M & G Capital, LLC 1 By: _ By: . Quentin Hart, Mayor Gregliusmann, Manager Attest: Kelley Felchl , City Clerk