HomeMy WebLinkAbout2018-620-8/20/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-620
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AGREEMENT WITH POWERS
MANUFACTURING COMPANY OF WATERLOO, IOWA,
APPROVED JULY 11, 2005, TO ALLOW THE COMPANY TO
PURCHASE PROPERTY FROM THE CITY OF WATERLOO,
IN THE AMOUNT OF $60,764.50, 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 the Development Agreement approved July 11, 2005, between Powers
Manufacturing Company of Waterloo, Iowa and the City of Waterloo, Iowa, to allow the
company to purchase property from the City of Waterloo, in the amount of$60,764.50, 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 20th day of August 2018.
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Quentin Hart, Mayor
ATTEST:
elley h e chle
City Clerk
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 2018-620, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 20th day of August 2018.
Witness my hand and seal of office this 201h day of August 2018.
� Kelley elch
City Clerk
SEAL