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HomeMy WebLinkAboutCedar Valley Youth Soccer Association - Amendment to Lease Agreement - 8.1.2022Prepared by Christopher S. Wendland, P.O. Box 596, Waterloo, IA 50704 Phone (319) 234-5701 Amendment to LEASE AGREEMENT This Amendment to Lease Agreement (the "Lease") is entered into as of 6I�� 2022, by and between the City of Waterloo, Iowa ("Landlord") and Cedar Valley outq/ h Soccer Association ("Tenant"). WHEREAS, Landlord and Tenant are parties to that certain Lease Agreement dated as of August 3, 1998 (the "Lease") conceming real property as described therein; and WHEREAS, Tenant has exercised its option to renew the Lease for an additional term of 10 years; and WHEREAS, the parties desire to amend the Lease to add additional land on the terms set forth herein. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The premises that are the subject of the Lease are amended to add the real property described on Exhibit A-1 attached hereto to the real estate previously described on Exhibit A of the Lease. The real estate described on Exhibit A and Exhibit A-1 is subject to all of the terms and conditions of the Lease. 2. Except to the extent amended by this instrument, the Lease shall continue unmodified in full force and effect. The Lease and this Amendment are binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Amendment may be executed in multiple counterparts, each of which shall be deemed an original. IN WITNESS WHEREOF, the parties have executed this Amendment to Lease Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA By: Quentin Hart, Mayor Attest: Kelley Felchl , City Clerk STATE OF IOWA ss. CEDAR VALLEY YOUTH SOCCER ASSOCIATION BLACK HAWK COUNTY ) Acknowledged before me on 4 , 2022, by Quentin Hart and Kelley Felchle, as Mayor and City Clerk, respec $vely, of the City of Waterloo, Iowa, acting by authority of its City Council as contained in the Resolution adopted by the City Council, under Council Action No. '2022— So3 on A--- I, 2..du-. STATE OF IOWA ) ) ss. BLACK HAWK COUNTY ) �"'"` • '' NANCY HIGBY COM�MMISSION NO.. (788229 Acknowledged before me on i r+h uune„ 2022, by 'rhorYJ 2 �, �8YZrY fl as President of Cedar Valley Youth Soccer Association. BREANNA NANCI KOENIGSFELO COMMISSION NO. 806868 M` e'o S EX i Notary Public 2 EXHIBIT A-1 Legal Description of Additional Land That part of the West 80 acres of the East 155.25 acres of the North Fractional half of Section 1, Township 88 North, Range 14 West of the 5`n P.M., Black Hawk County, Iowa, lying within the Northeast Fractional Quarter of Section 1, Township 88 North, Range 14 West of the 5`" P.M., excepting therefrom Parcel "A" described in 329 Misc 555. Said area is depicted on the Retracement Plat of the Survey dated December 7, 2021 and recorded December 7, 2021 as Document No. 2022-11980. Subject to easements, covenants and restrictions of record. 3