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HomeMy WebLinkAbout2017-620-8/7/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2017-620 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH CARDINAL CONSTRUCTION, INC. AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID AGREEMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that a Development Agreement dated August 7, 2017, between Cardinal Construction, Inc. and the City of Waterloo, Iowa, for the sale of property located northwest of 1318 Martin Road, is hereby approved and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 7th day of August 2017. Quentin Hart, Mayor ATTEST: elley Fel le 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 2017-620, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 7th day of August 2017. Witness my hand and seal of office this 7th day of August 2017. Keleley Felc q e City Clerk SEAL