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HomeMy WebLinkAbout2018-669-9/4/2018 Prepared by LeAnn M. Even, Deputy Clerk City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-669 RESOLUTION APPROVING A SECOND AMENDMENT TO THE DEVELOPMENT AGREEMENT & MINIMUM ASSESSMENT AGREEMENT WITH CARDINAL CONSTRUCTION INC., CHANGING THE DEVELOPER TO CARDINAL CONSTRUCTION INC. &IPE1031 REV279, 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 the Second Amendment to the Development Agreement originally adopted on August 7, 2017, for property generally located northwest of 1318 Martin Road, changing the developer to Cardinal Construction Inc. &IPE1031 REV279, LLC, 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 4th day of September 2018. Quentin Hart, Mayor ATTEST: i Kelley Fel le City Cler 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 No. 2018-669 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 4th day of September 2018. Witness my hand and seal of office this 4th day of September 2018. Kelley Felchl City Clerk 'SEAL