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HomeMy WebLinkAboutIowa Department of Economic Development-Amendment OWA changing April 16, 2007 The Honorable Timothy J. Hurley Mayor City of Waterloo 715 Mulberry Street Waterloo, IA 50703 Roger Olesen President H.W. Grout Trust 503 South Street Waterloo, IA 50701 The Honorable Jon Crews Mayor City of Cedar Falls 220 Clay Street Cedar Falls, IA 50613 RE: Vision Iowa Contract Amendment — Cedar Valley River Renaissance Project — 01-VI-010 Dear Mayor Hurley, Mayor Crews and Mr. Olesen: Enclosed is a fully-signed copy of Amendment 2 to Vision Iowa Agreement 01-VI-010. Thank you for your work on this project. Please let me know if you should have any questions or concerns. Sincerely, 094,0LaTr442,/era RECEIVED APR 181007 Alaina Dierickx 515.242.4827 mit;efeitz_lyteA..- IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT 200 East Grand Avenue,Des Moines,Iowa 50309 USA • Phone:515.242.4700 Fax:515.242.4809 www.iowalifechanging.com Page 1 of 2 Amendment No. 2 Contract No. 01-VI-010 AMENDMENT PROGRAM: Vision Iowa CONTRACT NUMBER: 01-VI-010 AMENDMENT NUMBER: 2 EFFECTIVE DATE: February 14, 2007 THIS AMENDMENT is made by and between the VISION IOWA BOARD, (hereafter "Board"), 200 East Grand Avenue, Des Moines, Iowa 50309, an agency of the State of Iowa, and the City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703 and H.W. Grout Trust, 503 South Street, Waterloo, IA 50701 and City of Cedar Falls, 220 Clay Street, Cedar Falls, IA 50613 (hereafter "Contractor"), Contractor, by correspondence dated February 12, 2007, requested that the contract be amended to extend the time allowed to provide funding documentation to January 16,2007.Contract Number 01-VI-010 is hereby modified as follows: 7.1.2 All Recipients shall obtain, to the satisfaction of the Board, all other legally binding financial commitments necessary to complete the Project, as set forth on Exhibit D. Failure to obtain and submit documentation of the binding commitments to the Board within three hundred sixty(360) days of the execution of this Agreement by January 16, 2007 shall be grounds for termination of this Agreement. The Board agrees that,with respect to the Grout Component, it shall accept a commitment by Waterloo, approved by resolution of the city council of Waterloo and in form and content reasonably satisfactory to the Board, as a legally binding financial commitment for purposes of this Section 7.1.2, if Grout elects to include such a commitment among its legally binding financial commitments. Except as otherwise revised above, the terms,provisions, and conditions of Contract Number 01-VI-010 remain unchanged and are in full force and effect: FOR THE VISION IOWA BOARD: Arid ew R. Anderson, Chair Da FOR T CITY F WATERLOO: error fro►ew. Yl att,h 1(si 0-.1)67 Timothy J. Hurley, Mayor Date Page 2 of 2 Amendment No. 2 Contract No. 01-VI-010 FOR THE H.W. GROUT TRUST: 3 a-G7 Roger Olesen, Pres entte FOR THE CITY OF CEDAR FALLS: Lt.OA-gra-7 Jo Crews, Mayor Dale g-eri,,,. pee,e.7 -- 0-- Page 1 of 2 Amendment No. 2 Contract No. 0l-VI-010 AMENDMENT PROGRAM: Vision Iowa CONTRACT NUMBER: 01-VI-010 AMENDMENT NUMBER: 2 EFFECTIVE DATE: February 14, 2007 THIS AMENDMENT is made by and between the VISION IOWA BOARD, (hereafter "Board"), 200 East Grand Avenue, Des Moines, Iowa 50309, an agency of the State of Iowa, and the City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703 and H.W. Grout Trust, 503 South Street, Waterloo, IA 50701 and City of Cedar Falls, 220 Clay Street, Cedar Falls, IA 50613 (hereafter "Contractor"), Contractor, by correspondence dated February 12, 2007, requested that the contract be amended to extend the time allowed to provide funding documentation to January 16,2007.Contract Number 01-VI-010 is hereby modified as follows: 7.1.2 All Recipients shall obtain, to the satisfaction of the Board, all other legally binding financial commitments necessary to complete the Project, as set forth on Exhibit D. Failure to obtain and submit documentation of the binding commitments to the Board sixty(360) days of the execution of this Agreement by January 16, 2007 shall be grounds for termination of this Agreement. The Board agrees that, with respect to the Grout Component, it shall accept a commitment by Waterloo, approved by resolution of the city council of Waterloo and in form and content reasonably satisfactory to the Board, as a legally binding financial commitment for purposes of this Section 7.1.2, if Grout elects to include such a commitment among its legally binding financial commitments. Except as otherwise revised above, the terms,provisions, and conditions of Contract Number 01-VI-010 remain unchanged and are in full force and effect: FOR THE VISION IOWA BOARD: Andrew R. Anderson, Chair Date FOR T CITY F WATERLOO: ►ntyor coP li-w. Nitc.h al, 1.n61 Timothy J. Hurley, Mayor Date Page 2 of 2 Amendment No. 2 Contract No. O 1-VI-O 10 FOR THE H.W. GROUT TRUST: Roger Olesen, President Date FOR THE CITY OF CEDAR FALLS: Jon Crews, Mayor Date