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city-of-norwalk-business-meeting-agenda-august-7-2025_82f.pdf

SportsPlex Development Agreement Assigned to Bank

City of IowaSPORTSPLEX USA LCAugust 7, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The City of Norwalk will approve assignment of the existing SportsPlex USA, L.C. Development Agreement to Lincoln Savings Bank. This action transfers the developer’s contractual rights and obligations under the agreement.

Contract Details

Vendor

SPORTSPLEX USA LC

Agency

City of Iowa, IA

Contract Type

OTHER

Document Date

August 7, 2025

Renewal Info

Development agreement is being assigned to Lincoln Savings Bank; underlying term and renewal provisions remain as in the original agreement.

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