HomeMy WebLinkAbout2015-156-3/2/2015 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2015-156
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH 3 LITTLE LAMBS, LLC OF WATERLOO, IOWA
AND DIRECTING EXECUTION OF SAID AGREEMENT BY
MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated March 2, 2015, for the sale
and conveyance of City-owned property generally located northwest
of 1907 Black Hawk Street, for $1 . 00 plus costs, for the
construction of a new industrial building, adding $113, 500 . 00 of
taxable value to the site, by and between 3 Little Lambs, LLC of
Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is
hereby approved, and the Mayor and City Clerk authorized to
execute the same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 2nd day of March, 2015 .
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nest G. Clark, Mayor
ATTEST:
Suzy Scares, CMC
City Cl rk
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