HomeMy WebLinkAboutDevelopment Agreement Second Amendment-Teton River Lofts Phase 1Instrument # 459106
REXBURG, MADISON, IDAHO
11-2-2023 03:":59 PM No. of Pages: 3
Recorded for: CITY OF REXBURG
KIM H. MUIR Fee: 16.00
SECOND AMENDMENT TO Ex-0fficio Recorder Deputy
THE DEVELOPMENT AGREEMENT
FOR
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OF THE CITY OF REXBURG
The CITY OF REXBURG, a municipal corporation (hereinafter called "City"), with a
mailing address at 35 N I" E, P.O. Box 280, Rexburg, Idaho 83440, and LEATHAM
DEVELOPMENT LLC (hereinafter called the "Developer"), with a mailing address at: PO Box
429, Rexburg, ID 83440 executed a Development Agreement for TETON RIVER LOFTS —
PHASE 1 on June 15, 2022.
The Parties desire to void the First Amendment to the Development Agreement, made on August
31, 2022. All conditions and requirements of the original Development Agreement remain in
force, unless modified herein. This Amendment is made this $ day of QGTQgEIk ,
2023.
END OF SECOND AMENDMENT TO DEVELOPMENT AGREEMENT
SECOND AMENDMENT TO DEVELOPMENT AGREEMENT - I
FOR THE CITY OF REXBURG
APPROVED A TO FORM:
Public Works ' ector/ City Engineer, Keith Davidson
ATTEST:
By: L ��
City Clerk, Deborah Lovejoy
(SEAL)
STATE OF IDAHO )
ss.
County of Madison )
On this?4 day of MO ,2023, before me, the undersigned, a
Notary Public for Idaho, personally appeared Jerry Merrill, known to me to be the Mayor of the
City of Rexburg, the municipal corporation that executed the foregoing document, and
acknowledged to me that such City executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
co•``" N G OA, No Public for IdahoF--J
r'\��.••'""'''•..y�' Resi ng at Rexburg, Idaho
Q. • tJ?ARY •' ;t� My C sion Expires: �✓? 2-7
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SECOND AMENDMENT TO DEVELOPMENT AGREEMENT - 2
DEVELOPER
LEATHAM DEVELOPMENT LLC
PO Box 429
Rexburg, ID 83440
By: Bron L.eatham
STATE OF IDAHO )
: ss.
County of Madison )
3
On this I ` day of 0 �p (� p�(� , 2022, before me, the undersigned, a Notary
Public for said State, personally appeared Bron Leatham, know or identified to me to be the
Authorized Agent for the Limited Liability Company that executed this instrument, and
acknowledged to me that such Limited Liability Company executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
NN USTF!1i1,��i
Notary Pub(*
s
My COMMSSION - Residing at:
VTRES 114-202e : = My Commission Expires:_ I T§y , o, 4, , 2e,
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SECOND AMENDMENT TO DEVELOPMENT AGREEMENT - 3