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HomeMy WebLinkAboutAmendment No.1 to 28E Agreement AMENDMENT NO. 1 TO AMENDED AND RESTATED AGREEMENT UNDER IOWA CODE CHAPTER 28E BETWEEN WAVERLY COMMUNICATIONS UTILITY, THE MUNICIPAL COMMUNICATIONS UTILITY OF THE CITY OF CEDAR FALLS, THE COMMUNICATIONS UTILITY OF BELLEVUE, IOWA, INDIANOLA MUNICIPAL UTILITIES, VINTON MUNICIPAL COMMUNICATIONS UTILITY, CITY OF PELLA MUNICIPAL TELECOMMUNICATIONS UTILITY, NEW HAMPTON MUNICIPAL COMMUNICATIONS UTILITY, AND WATERLOO TELECOMMUNICATIONS UTILITY PROVIDING FOR JOINT OWNERSHIP AND USE OF CERTAIN FACILITIES AND RELATED MATTERS STATEMENT OF PURPOSE On or about October 11, 2023, and pursuant to Iowa Code Chapter 28E, Waverly Communications Utility ("Waverly"), The Municipal Communications Utility of the City of Cedar Falls, Iowa ("CFU"), the Communications Utility of Bellevue, Iowa ("CUB"), Indianola Municipal Utilities ("IMU"), Vinton Municipal Communications Utility ("Vinton"), City of Pella Municipal Telecommunications Utility ("Pella"), New Hampton Municipal Communications Utility ("New Hampton"), and Waterloo Telecommunications Utility ("Waterloo"), all municipal utilities in good standing, organized, operating and existing under Iowa Code Chapter 388, entered into a 28E Agreement. The Parties agree to amend the Agreement to terminate effective October 11, 2026. AGREEMENT In consideration of mutual promises, covenants and considerations contained herein, and pursuant to Iowa Code Chapter 28E, the Parties agree as follows: 1. Amendment. The Agreement is hereby amended as follows: (a) Paragraph 14 -Term of Agreement and Termination Provisions is hereby deleted and the following language is substituted in lieu thereof: This Agreement was effective on October 11, 2023, and shall continue in effect until October 11, 2026, at which time the Agreement shall terminate in its entirety. (b)14A. of the Agreement is hereby deleted in its entirety. (c)14B. of the Agreement is hereby deleted in its entirety. Page 1 of 10 2. Miscellaneous: (a) This Amendment No. 1 is binding and inures to the benefit of the Parties and their respective successors and assigns. (b) All other terms and conditions of the Agreement not modified by this Amendment remain in full force and effect. (c) As the governing bodies of the Parties will adopt resolutions approving Amendment No.1 to the 28E Agreement. (d) This Amendment may be executed in two or more counterparts, each of which shall be deemed to be original, but all of which shall constitute one and the same instrument. Page 2 of 10 MUNICIPAL COMMUNICATIONS UTILTY OF THE CITY OF CEDAR FALLS, IOWA __________________________________ MaraBeth Soneson, Board Chair ATTEST: __________________________________ Deb Iehl, Board Secretary __________________________________ Date Page 3 of 10 WAVERLY COMMUNICATIONS UTILITY __________________________________ Robert Buckingham, Board Chair ATTEST: __________________________________ Angela Schroeder, Board Secretary __________________________________ Date Page 4 of 10 COMMUNICATIONS UTILITY OF BELLEVUE, IOWA __________________________________ Teresa Weinschenk, City Administrator ATTEST: __________________________________ William Reistroffer, Mayor __________________________________ Date Page 5 of 10 INDIANOLA MUNICIPAL UTILITES __________________________________ Dom Selgrade, Board Chair ATTEST: __________________________________ Monica Thompson, Board Secretary __________________________________ Date Page 6 of 10 VINTON MUNICIPAL COMMUNICATIONS UTILITY __________________________________ Gerald Horst, Board Chair ATTEST: __________________________________ Melissa Schwan, Board Secretary __________________________________ Date Page 7 of 10 CITY OF PELLA TELECOMMUNICATIONS UTILITY __________________________________ Donald DeWaard, Mayor ATTEST: __________________________________ Mandy Smith, City Clerk __________________________________ Date Page 8 of 10 NEW HAMPTON MUNICIPAL COMMUNICATIONS UTILITY __________________________________ Grant Anderson, Board Chair ATTEST: __________________________________ Karen Clemens, Secretary to the Board __________________________________ Date Page 9 of 10 WATERLOO TELECOMMUNICATIONS UTILITY __________________________________ Andrew Van Fleet, Board Chair ATTEST: __________________________________ Kelley Felchle, Secretary to the Board __________________________________ Date Page 10 of 10