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HomeMy WebLinkAboutUnion at North Crossing, LP - Assignment & Assumption of Dev Agmnt-- (RECORDED) IIII II IIJ II IIII IJI 1111 II 1 IIMIIM1111111 IIII Doc ID: 011967330002 Type: GEN Recorded: 06/29/2023 at 11:14:23 AM Fee Amt: $12.00 Page 1 of 2 Black Hawk County Iowa SANDIE L. SMITH RECORDER Fi"e2023-00017577 1�� OW/ WctAcittwil1 f C bast 911p tked'Gvio i t,0 013 i[•5-711I ASSIGNMENT AND ASSUMPTION OF DEVELOPMENT AGREEMENT FOR VALUE RECEIVED, UNION DEVELOPMENT HOLDINGS, LLC, an Indiana limited liability company("Assignor"),hereby assigns to UNION AT NORTH CROSSING,Ll',an Iowa limited partnership ("Assignee"), all of its right, title and interest in,to and under that certain Development Agreement dated April 4, 2022, by and between Assignor and the City of Waterloo, Iowa (the "Seller"), all with respect to certain property located on E. 4th Street in the City of Waterloo, Iowa(Tax Parcel No. 8913-12-326-003)(the"Development Agreement"). This Assignment may be executed in multiple counterparts with separate signature pages, each such counterpart shall be considered an original,but all of which together shall constitute one and the same instrument. This Assignment was executed by Assignor and Assignee to be effective as of the 4th day of April,2022. [Remainder ofpage intentionally blank; signatures on followingpage(s)] IN WITNESS WHEREOF, this Assignment and Assumption shall be effective as of the date first above written. Assignor: UNION DEVELOPMENT HOLDINGS, LLC, an Indiana limited liability company By: i47 ` l41 Kyle D.Bach, CEO Assignee: UNION AT NORTH CROSSING,LP an Iowa limited partnership By: Union at North Crossing, GP, an Indiana limited liability company, as General Partner By: Áç7 � , &41° Kyle D. Bach, General Manager Consent provided by: CITY OF WATERLOO, IOWA By: Quert(ut 114,r Quentin M. Hart,Mayor Attest Kelley 'Feichle Kelley Felchle, City Clerk 2