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HomeMy WebLinkAbout2018-207-4/2/2018 Prepared by LeAnn M. Even, Deputy Clerk City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-207 RESOLUTION APPROVING SECOND AMENDMENT TO THE DEVELOPMENT AGREEMENT WITH CARDINAL CONSTRUCTION OF WATERLOO, IOWA, APPROVED AUGUST 7, 2017, FOR PROPERTY GENERALLY LOCATED NORTHWEST OF 1318 MARTIN ROAD, TO BE PART OF A 1031 EXCHANGE, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Second Amendment, to the Development Agreement originally adopted on August 7, 2017, for property generally located northwest of 1318 Martin Road, to be part of a 1031 Exchange, 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 2nd day of April 2018. Quentin Hart, Mayor REST Kelley Felchl City Clerk 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 No. 2018-207 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 2"d day of April 2018. Witness my hand and seal of office this 2nd day of April 2018.