HomeMy WebLinkAboutAdvanced Heat Treat Corp - Amndmnt to Dev Agmnt - 1/7/2019 IA 150Z -.234-570,._
S VVE-Od'ar'(11 P
AND ASSESSMENTAGREETAIMAY
This AaTiendrnent to D-1:-,velopnient Agreement Windt A,rnendiller-lt to Minimum
Assessment AgreE�-rnent (thea "A,mEffidrnent") is Etntered irtto as
and btn-1tween Advanced Heat TrgeaCorp. (the "Cornpanr) and the My of MOM:),
Iowa (he "CRY).
RECIMS',
'A' Con-iloany and City tire, parties to thaitcez-,!riain
Wed June 10, 2010 Ohe MAI, as amonderl the,
d(-*.,,%re-1oprnant or property as described in 'Glee" kpaenreat Company ano'.
C[t!,,jaire a[sc,, 1.),-artles to that ceWri Agr'E.`E31rn.erA (the
"MAA,") pertainingi, to saJd property, dated (:rfthesarrie date. The DA
and 10AA have been Filed in tie land records o"." E-1iaok FilavA, County as;
Doc. No. :20,19-06671 ,
Ek The palks, deske to amend the DAL ii.--,,nt.,'-;. Lhe to rnodlify th,re te��rrns as
set for-th in this Arneridn-ient.
NOW, THEAREEFORE, j,,,,i consideratOn of the rnutual fodh herein,
Rue pardes gyne as follows:
1. The last unriwalomed rpwagmph of Seckn 9 c;f the DA is herxebyr stricken
in its entiret,
y, and the follown!;
.1 ne,ijv unnumbered ID,-,-tragraph is substituted in place
thereof::
`the first y,aar of in wh6h a rebate� rnaybe gliven ,"Yeair ()n8") shall
he the year tat is five (5) ye-ars after the fil"St 11.111 y'E,@J for Iminich the
assessment is based upon --ha compliletei.-] vahe of thi knizvvements, and
not bas -Cl a a ip-rior yiz-,ar fcrwhich the is based Sodke'.1y upon,
(4 the Me of Hot %psty and the, Coy npzany' "roperh" or Uporil (Y) tl:-,se
value &the Floperty, the Company Propeny wKI a pakial value of UV
111`1l)FOV&TIEM-its due W peqhl corrnple-t'Jon of the !mPnwecvmts or a PKA,
tax year. The inteigion of the parties�- is to deby the paymeat of rabaBs
Page 2,
unfill ate,r c(ornpletion c)i,"fj-je 5-year p,ariod
dueto ap;,ollication of thc,� industrialtaix
2. 2. Of WMAA is amonded to Ma "December 31, 20 26"
1
ffierefronn +nd tic, subs HhAe 'Pec ern Lier 31; 2031' in
3. Except as niadiEM the DA anc-11 sl"tnifl cor-.06%K9 W11"nodfl1ed iri!
fuN fanx: and 0W Tents in UK Mendrnent that are capAMM M noWhed mill
have the s;arne rneanAgs dad rein that ,,:--ire ascribed to tl-iie:rn In the DP4 o;,' MAA, aS
appMeabin The EVV MA, and this Ar-nendnieni sheH ilum to IN, hemMit of and be,
bin(-.ling upon the pates and thejf !-&SpeCtM
11,141 1014ERE&M, die pades have execded this knendment to
Devehpment Agreernent andArriendrnient to Mir.ir-nujirn Lry ttheiFr
duly aulhadzed repmsentati,,,,es as the date first set,
(DRY OF VVATERLOCA 10VU, F".
sy:
QuenUn Han, Idaywr 7fle: Plq�s-
Adest:
R�-,Ae,y Felc 1il City CC-
rlc
STATE OF IOWA,
C OUNIT'v"' OF BLACK FIAVVI,'
On thisday before �-ne,,, z-� lqotary Pubkc in
and for IJIE: S)tV ;—,caul lowa, pAsionally appeded Qu'ejlt1-n andi Ka. ley Ftak-.hie, to
Yne perscinally l(niown, who being duly sworn, did say tlrd@t thc.:,? -.ria fl-ie fVk-,ji'.ycr and City
Clerk, resl'.ii-activelly, of the C.it,.V, of Was&% Iowa, a ML,ddpSl c(HpnWan, cavied and
(MiSt4li'gl Under the iaws roill- the;:! Sitate of loyva, and M Ria sa�.,fl a1ftxecl tl,.'t tho,,'
instrunient I the seal of said 'n8 nholpal corpora ki n�5 �-,mdq was
slued a nd sea ied C bl,elhall:of said rnlinicipall c;orpc:ora1"-ionj b-,1 ia utho r;iy anf:-f Of
Pago..% 3,
itz'; G"ity S,,ind said Mayo)" and City Clerk
free act anti dE�(Bd Of sa��d rrlUrJ(�.'-:1PZ0 10,0TrIOrl-ition by fl, by 'herr, vc�iuintaarily a' ec
,ute
Notary
%IAL
%�AN Y Hl(z-,By
'"B
im
4
COMMIS:SION N0.733229
112
My SSION EXPIRES
MVISSION EXPIRES
STATE C.)F- 10WA,
ss.
COUNTY OF BLACK FlAVVK
Subscribed and sviorn to befc.lire me cri De(ek b,?
Y
as . ------- --- oT
Advance(d Heat: Treat COrp.
1,1 A L ", ADRIENNE MILLER
COMMISSION NO.809109
*P'"`
My COMMISSION EXPIRES 61 kil.
FEBRUARY 23,2021