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HomeMy WebLinkAboutHeartland_Habitat_for_Humanity_-(RECORDED)1st_Amendment_to_DA_-_516_Pine_1.20.2026 Docusign Envelope ID: 99A5E815-449B-406B-AC21-F586262564A7 2026-01144 RECORDED: 01/27/2025 10:53:29 AM RECORDING FEE: $12.00 REVENUE TAX: $ COMBINED FEE: $12.00 SANDIE L. SMITH, RECORDER BLACK HAWK COUNTY, IOWA C �� v ;a rrk aG Prepared By: Lexi Schneider, City of Waterloo 715 Mulberry St. Waterloo, IA 50703 ; 319-291-4366 FIRST AMENDMENT TO DEVELOPMENT AGREEMENT This Amendment to Development Agreement (the "Amendment") is entered into as of January 20 , 2026 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 May 20, 2024 (the "DA"), recorded with the Black Hawk County Recorder as File No. 2024-17468. 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 January 20, 2028. 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:99A5E815-449B-406B-AC21-F586262564A7 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 e—Signed by: Signed by: By: NIA, i 17N,Sun, By: Q(i ParviSL '-3 toeseri, Mayor Davt u ams i,Executive Director Signed by: Fate,f Attest: rr000corroco4Ao.. Kelley Felchle, City Clerk Docusign Envelope ID: 99A5E815-449B-406B-AC21-F586262564A7 Prepared By: Lexi Schneider, City of Waterloo 715 Mulberry St, Waterloo, IA 50703 : 319-291-4366 FIRST AMENDMENT TO DEVELOPMENT AGREEMENT This Amendment to Development Agreement (the "Amendment") is entered into as of January 20 , 2026 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 May 20, 2024 (the "DA"), recorded with the Black Hawk County Recorder as File No. 2024-17468. 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 January 20, 2028. 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: 99A5E815-449B-406B-AC21-F586262564A7 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 Signed by: By: &A, bbt,suA. Davi 3g oesen, Mayor Attest: Signed by: Kuy felt —rfGoacorfBc64AB... Kelley Felchle, City Clerk By: Signed by: ParriSL Wei amiss, Executive Director