Resolutions-2014-152

SUPPLEMENTAL DEVELOPER'S AGREEMENT PRAIRIE WEST ADDITION THIS AGREEMENT, made by and between the City of Tiffin, Iowa, a municipal corporation, hereinafter referred to as "City," and Prairie West Development Company, hereinafter referred to as "Developer" and "Owner." The parties state the following: The parties entered into a Developer's Agreement on Nov 18, 2014 and recorded in Book 5311 Page 1, in the Office of the Johnson County Recorder. 1. The parties now agree as follows: a. Developer shall create a homeowners association for the entire subdivision. Every condominium owner, zero lot line owner, and lot owner of property in the subdivision will be a member of the Homeowners Association. The Homeowners Association will be a homeowners association that is separate and distinct from the Condominium Owners Association for Lot 63 Prairie West Addition. The Homeowners Association shall have the sole responsibility of maintaining the storm water detention basin located on Lot 63. The City shall have no obligation for the maintenance of said storm water detention basin. If the Homeowners Association fails to maintain the storm water detention basin, the City may assess each condominium owner, zero lot line owner, and lot owner in the subdivision equally for any maintenance costs in the same manner as property taxes and without further notice.