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HomeMy WebLinkAbout2017-1002-12/11/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-1002 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH LG COMPANIES, LLC TO CONSTRUCT ONE SINGLE- FAMILY DWELLING WITH AN ATTACHED GARAGE ON PROPERTY LOCATED ADJACENT TO 1947 RAINBOW DRIVE, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, the Development Agreement dated December 11, 2017, between LG Companies, LLC and the City of Waterloo, Iowa, for the development of property located adjacent to 1947 Rainbow Drive is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said agreement on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 1 lth day of December 2017. ' Quentin Hart, Mayor ATTEST: Kelley F chle City Cler CERTIFICATE 1,Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2017-1002, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 1 lth day of December 2017. Witness my hand and seal of office this 11th day of December 2017. elley Fel e City Cler . . k "s�ai