HomeMy WebLinkAbout2018-108-2/19/2018 (RECORDED)Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-108
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AGREEMENT WITH CENTRAL PROPERTY
HOLDINGS, LLC, TO ALTER THE STRUCTURE OF THE
PARKING LOT ACQUISITION FOR THE GROCERY STORE
PROJECT LOCATED AT EAST 2ND STREET AND
FRANKLIN STREET, AND AUTHORIZE THE MAYOR AND
CITY CLERK TO EXECUTE ALL NECESSARY
DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that an Amendment to Development Agreement dated February 19, 2018, between Central
Property Holdings, LLC and the City of Waterloo, Iowa, to alter the structure of the parking lot
acquisition for the Grocery Store project located at East 2nd Street and Franklin Street, is hereby
approved, and the Mayor and City Clerk are authorized and directed to execute said document on
behalf of the City of Waterloo, Iowa.
,;PASSED AND ADOPTED this 19th day of February 2018.
ATTF St:
Kelley Fels
City Clerk
Quentin Hart, Mayor
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 2018-108, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 19th day of February 2018.
Witness my hand and seal of office this 19th day of February 2018.
SE.
Kelley Fel
City Clerk