HomeMy WebLinkAbout20- Reimbursement Agreement - Covenant Investment COB ASSIGNMENT OF REIMBURSEMENT AGREEMENT PAYMENT
WHEREAS, COVENANT INVESTMENT,INC. a Montana corporation with address of
P.o. Box 11428,Bozeman MT 59719 (also referred to herein as"Developer") entered into an
AGREEMENT FOR REIMBURSEMENT dated August 12,2013, ("Agreement")with the
CITY OF BOZEMAN, a municipal corporation with address of 121 N. Rouse,Ave.,Bozeman
MT 59715.
WHEREAS, COVENANT INVESTMENT,INC. desires to assign all payments due
under the Agreement to BETTY MADILL, an individual,with address of 403 Slough Creek
Drive,Bozeman,MT 59718; and
WHEREAS. the Agreement provides in paragraph 10 that that"Developer shall not
assign any right or obligation hereunder in whole or in part,without prior written consent of the
City.".
NOW THEREFORE, COVENANT INVESTMENT,INC.the Developer under that
certain AGREEMENT FOR REIMBURSEMENT dated August 12,2013 assigns any and all
payments due under the AGREEMENT FOR REIMBURSEMENT dated August 12,2013 to
BETTY MADILL
The City of Bozeman a party to the AGREEMENT FOR REIMBURSEMENT dated
August 12,2013 agrees and consents to the assignment of the funds due under the
AGREEMENT FOR REIMBURSEMENT dated August 12,2013.
COVENANT INVESTMENT,INC.
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BY: DeWin M ill
ITS, President
Dated: (Z
CONSENT TO ASSIGNMENT OF
CITY OF BOZEMAN f
Attested:
y ager Jeff Mihelich 1 `d' '' •'`
Dated: (a-at -A;ab Mike Mass,City Clerk �0���