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HomeMy WebLinkAbout2018-175-3/19/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2018-175 RESOLUTION APPROVING THE BUSINESS FINANCIAL ASSISTANCE APPLICATION FOR TAX CREDITS THROUGH THE IOWA ECONOMIC DEVELOPMENT AUTHORITY INCLUDING LOCAL MATCH COMMITMENT THROUGH LAND ACQUISITION, FOR THE EXPANSION OF ADVANCED HEAT TREAT, LOCATED AT 2825 MIDPORT DRIVE, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Business Financial Assistance Application dated March 19, 2018, for the expansion of Advanced Heat Treat, located at 2825 Midport Drive, between the Iowa Economic Development Authority and the City of Waterloo, Iowa, including local match commitment through land acquisition, 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 19th day of March 2018. t Quentin Hart, Mayor LeAnn M. en, CMC, IaCMC Dep ty City