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HomeMy WebLinkAboutAMA Real Estte, LLC (RECORDED)11 I 11 11 II III Il II llII 11 Doc ID: 009544910003 Type GEN Recorded: 05/16/2019 at 04:21:34 PM Fee Amt: $17.00 Page 1 of 3 Black Hawk County Iowa SANDIE L. SMITH RECORDER F11e2019-00017076 3f6Aavzff Ujtt (t,0V Prepared by Christopher S. Wendland, P.O. Box 596, Waterloo, IA 50704. Phone (319) 234-5701 Return to Community Planning & Development, 715 Mulberry Street, Waterloo, IA 50703. PARTIAL TERMINATION OF DEVELOPMENT AGREEMENT WHEREAS, the City of Waterloo, Iowa ("City") and AMA Real Estate, L.L.C. ("Company") entered into a certain Development Agreement (the "Agreement") and Minimum Assessment Agreement (the "MAA"), each dated November 23, 2015 and filed December 8, 2015 as Doc. No. 2016-10441, concerning real property legally described in said documents; and WHEREAS, due to performance of the parties and transactions subsequent to the Agreement date, the parties desire to terminate the applicability of the Agreement and the MAA as to a portion of the Property as described therein. NOW, THEREFORE, the parties hereby agree that, with respect to the following real estate: The parcel identified as "Remainder" on the Plat of Survey Doc. #2019-09618, being a part of Parcel "E" of Plat of Survey Doc. #2016-11511 of part of the Southeast Quarter of Section 5, Township 89 North, Range 13 West of the 5th P.M., Black Hawk County, Iowa. and Parcel "H" of Plat of Survey Doc. #2019-12691 of part of the Southeast Quarter of Section 5, Township 89 North, Range 13 West of the 5th P.M., Black Hawk County, Iowa. the provisions of the Agreement and the MAA shall be terminated as of the date hereof and shall have no further force and effect. Dated 13, wl9 CITY OF WATERLOO, IOWA By: AMA REAL ESTATE, L.L.C. By: 44J Quentin Hart, Mayor Adam Delagard- le, President Attest: Kelley Felchl City Cler [acknowledgments on next page] 3 STATE OF IOWA ss. BLACK HAWK COUNTY ) Acknowledged before me on AMA Real Estate, L.L.C. TIM ANDERA COMMISSION NO. 772518 MY COMMISSION EXPIRES APRIL 11, 2021 S TATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) , 2019 by Adam Delagardelle as President of Notary Public Acknowledged before me on 1 , 2019 by Quentin Hart and Kelley Felchle, as Mayor and City Clerk, respectively, of the Ci of Waterloo, Iowa. ' "` • - z * ' 'z " 'o*' NANCY HIGBY COMMISSION NO.788229 MY COMM SIGN EXPIRES 3 2 Notary Publi Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-362 RESOLUTION APPROVING THE PARTIAL TERMINATION OF A DEVELOPMENT AGREEMENT WITH AMA REAL ESTATE, LLC, APPROVED BY COUNCIL NOVEMBER 23, 2015, AND FILED DECEMBER 8, 2015 AS DOC. NO. 2016- 10441, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the Partial Termination of a Development Agreement dated May 13, 2019, with AMA Real Estate, LLC, approved by Council November 23, 2015, and filed December 8, 2015 as Doc. No. 2016-10441, is hereby approved and the Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 13th day of May 2019. ATTEST: Kelley Felchle City Clerk Quentin Hart, Mayor CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2019-362 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 13th day of May 2019. Witness my hand and seal of office this 13th day of May 2019. Kelley Felch City Clerk cl,ikke„