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HomeMy WebLinkAboutHabitat_for_Humanity_-_First_Amendment_to_DA_(RECORDED)-_11.3.2025 2025-17500 Docusign Envelope ID:DE331357-071F-41FD-BF66-D242EA5D95BC RECORDED:11/26/2025 12:40:10 PM RECORDING FEE:$12.00 REVENUE TAX:$ COMBINED FEE:$12.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA I-}C c (014400 PreparedBy: Austin J.McMahon,Lange&McMahon.PLC.222 1"St.E.,Independence,IA 50644; 319-334-4488 FIRST AMENDMENT TO DEVELOPMENT AGREEMENT This Amendment to Development Agreement (the "Amendment") is entered into as of November 3 , 2025 by and between Iowa Heartland Habitat for Humanity (the "Company") and the City of Waterloo, Iowa(the "City"). RECITALS A. Company and City are parties to that certain Development Agreement dated February 21, 2022 (the"DA"), recorded with the Black Hawk County Recorder as File No. 2022- 00022687. B. The parties desire to amend the DA as set forth in this Amendment. NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows: 1. The deadline for completion of the Improvements as stated in Section 3 of the DA, or as stated elsewhere in the DA, is hereby amended to be October 16, 2025. 2. Except as modified herein, the DA shall continue unmodified in full force and effect. Terms in this Amendment that are capitalized but not defined will have the same meanings herein that are ascribed to them in the DA. This Amendment may be executed in multiple counterparts. The DA and this Amendment shall inure to the benefit of and be binding upon the parties and their respective successors and assigns. [signatures on next page] Docusign Envelope ID:DE331357-071 F-41 FD-BF66-D242EA5D95BC Page 2 IN WITNESS WHEREOF, the parties have executed this Amendment to Development Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA IOWA HEARTLAND HABITAT FOR HUMANITY DocuSigned by: ,-Signed by: C UAJ1 h411L B ati eayvis�, By. DOS 507 By•uc p nFa6gi uen?mart, Mayor Alyi Parrish, Executive Director Signed by: Attest: f effe fFSTM, City Clerk Docusign Envelope ID: DE331357-071 F-41 FD-BF66-D242EA5D95BC Prepared By: Austin J. McMahon, Lange & McMahon, PLC, 222 15` St. E., Independence, IA 50644; 319-334-4488 FIRST AMENDMENT TO DEVELOPMENT AGREEMENT This Amendment to Development Agreement (the "Amendment") is entered into as of November 3 , 2025 by and between Iowa Heartland Habitat for Humanity (the "Company") and the City of Waterloo, Iowa (the "City"). RECITALS A. Company and City are parties to that certain Development Agreement dated February 21, 2022 (the "DA"), recorded with the Black Hawk County Recorder as File No. 2022- 00022687. B. The parties desire to amend the DA as set forth in this Amendment. NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows: 1. The deadline for completion of the Improvements as stated in Section 3 of the DA, or as stated elsewhere in the DA, is hereby amended to be October 16, 2025. 2. Except as modified herein, the DA shall continue unmodified in full force and effect. Terms in this Amendment that are capitalized but not defined will have the same meanings herein that are ascribed to them in the DA. This Amendment may be executed in multiple counterparts. The DA and this Amendment shall inure to the benefit of and be binding upon the parties and their respective successors and assigns. [signatures on next page] Docusign Envelope ID: DE331357-071 F-41 FD-BF66-D242EA5D95BC Page 2 IN WITNESS WHEREOF, the parties have executed this Amendment to Development Agreement by their duly authorized representatives as of the date first set forth above. CITY OF WATERLOO, IOWA IOWA HEARTLAND HABITAT FOR HUMANITY DocuSigned by: By: (c,in ikal% uentin IItart, Mayor Attest: Signed by: M1.clicay f cater effeyreicnie, City Clerk Signed by L By ti a riSL i Parrish, Executive Director