HomeMy WebLinkAbout2017-141-2/20/2017 (RECORDED)11111111111111111111111111111111111111111111111011111111111111
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Recorded: 03/30/2017 at 03:56:19 PM
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Black Hawk County Iowa
SANDIE L. SMITH RECORDER
Fi1e2417_00016857
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Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2017-141
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
BETWEEN CITY OF WATERLOO AND FUSION REAL ESTATE
PROPERTIES, LLC FOR THE DEVELOPMENT OF A 10,000 SQUARE
FOOT COMMERCIAL BUILDING, WITH A MINIMUM ASSESSED
VALUE OF $750,000, AND AUTHORIZE THE MAYOR AND CITY
CLERK TO SIGN AND FULLY EXECUTE ALL NECESSARY
DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL, OF THE CITY OF WATERLOO,
IOWA, that the Development Agreement, dated February 20, 2017, between the City of
Waterloo, Iowa, and Fusion Real Estate Properties, LLC for the sale and development of a
10,000 square foot commercial building, with a minimum assessed value of $750,000, is hereby
approved and the Mayor and City Clerk are authorized and directed to execute the same on
behalf of the City of Waterloo.
PASSED AND ADOPTED this 20th day of February 2017.
Quentin Hart, Mayor
ATTEST:
Kelley Felc e
City Clerk
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution 2017-141, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 20th day of February 2017.
Witness my hand and seal of office this 20th day of February 2017.
Kelley Felc
City Clerk