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HomeMy WebLinkAboutSelf-Help Federal Credit Union - Assignment of Rebates - 11.20.2023ASSIGNMENT OF REBATES The undersigned ("Assignor") is party to a development agreement dated August 7, 2017 (the "Agreement") with the City of Waterloo, Iowa, concerning the following real property (the "Property"): 221 Franklin Street, Waterloo, consisting of parcels 8913-24-308-035, 8913-24-308-039 and 8913-24-308-006. Subject to the terms of the Agreement, Assignor is entitled to property tax rebates in respect of the Property in an amount determined as set forth in the Agreement. Assignor does hereby assign to the assignee designated below ("Assignee") all of Assignor's right, title and interest in and to any and all rebates payable in respect of the Property pursuant to the Agreement, effective as to any rebate payable under the Agreement after October 1, 2023. Assignee acknowledges that no rebate is payable at any given time unless all conditions required by the Agreement for entitlement to .Such rebate have been satiated ASSIGNOR Central Property Holdings, LLC By, Title: CO- 06.646,,f Dated: it /, 6 /L3 Acknowledgment of assignment: City of Waterloo, Iowa DIGITALLY QLLetZli/Z /�4 w SIGNED By: 11/20/2023 Title: ASSIGNEE Self -Help Federal Credit Union Title: V i Ce_ Tvecst (l 4..k Dated: NLuvw•,t&A/ f t20.)-3