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HomeMy WebLinkAbout2018-532-7/16/2018Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-532 RESOLUTION APPROVING AN AMENDMENT TO DEVELOPMENT AGREEMENT & MINIMUM ASSESSMENT AGREEMENT WITH GRAND INVESTMENTS, LLC, CHANGING THE DEVELOPER FROM GRAND INVESTMENTS, LLC TO QOZ ARTS MALL, LLC, 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 an Amendment to Development Agreement dated July 16, 2018, between Grand Investments, LLC and the City of Waterloo, Iowa, changing the developer from Grand Investments, LLC to QOZ Arts Mall, LLC, 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 16th day of July 2018. ATTEST; Kelley F 1 chle 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 2018-532, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 16th day of July 2018. Witness my hand and seal of office this 16th day of July 2018. e ley Felch City Clerk