Exhibit 10.185
[LETTERHEAD OF CIT]
[LOGO]
March 26, 2002
Mr. Xxxx Xxxxxx
Meadow Valley Corporation
0000 Xxxxx 00xx Xxxxxx Xxxxx X-00
Xxxxxxx XX 00000
Re: Amendment No. 2 to Restated and Amended Revolving Loan Agreement
(the "Agreement") dated July 27, 2001 between Meadow Valley
Contractors, Inc. and The CIT Group/Equipment Financing, Inc. ("CIT")
Dear Xx. Xxxxxx:
The above Agreement is hereby amended as follows:
Section 5. Interest. The rate is changed to "governing rate plus
1.50%".
All other terms and conditions of the Agreement remain in full force
and effect.
Sincerely,
/s/ Xxxx Xxxxxx
Xxxx Xxxxxx
The CIT Group/Equipment Financing, Inc.
Agreed to:
Meadow Valley Contractors, Inc.
By: /s/ Xxxxxxx X. Xxxxxx Title: President
-------------------------- --------------------
Guarantor Acknowledgement:
Meadow Valley Corporation
By: /s/ Xxxxxxx X. Xxxxxx Title: Vice President
-------------------------- --------------------
[LETTERHEAD OF CIT]
[LOGO]
March 26, 2002
Mr. Xxxx Xxxxxx
Meadow Valley Corporation
0000 Xxxxx 00xx Xxxxxx Xxxxx X-00
Xxxxxxx XX 00000
Re: Amendment No. 2 to Revolving Loan Agreement (the "Agreement")
dated July 27, 2001 between Ready Mix, Inc. and The CIT
Group/Equipment Financing, Inc. ("CIT")
Dear Xx. Xxxxxx:
The Agreement is hereby amended as follows:
Section 5. Interest. The rate is changed to "governing rate plus 1.50"
All other terms and conditions of the Agreement remain in full force
and effect.
Sincerely,
/s/ Xxxx Xxxxxx
Xxxx Xxxxxx
The CIT Group/Equipment Financing, Inc.
Agreed to:
Ready Mix, INc.
By: /s/ Xxxxxxx X. Xxxxxx Title: Vice President
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Guarantor Acknowledgement:
Meadow Valley Corporation
By: /s/ Xxxxxxx X. Xxxxxx Title: President
--------------------- --------------
