HomeMy WebLinkAbout2019-54-1-28-19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-54
RESOLUTION APPROVING AN AMENDMENT TO A
DEVELOPMENT AGREEMENT WITH RESIDENTIAL
DEVELOPMENT PARTNERS, LLC, BLACK HAWK
CONTRACTING AND DEVELOPMENT CO., GMJ2
INDUSTRIES, LLC, AND LINCOLN SAVINGS BANK, TO
CHANGE CONSTRUCTION TIMELINES AND PARTIES
INVOLVED MOVING FORWARD, 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 dated June 25, 2012, between Residential
Development Partners, LLC, Black Hawk Contracting and Development Co., GMJ2 Industries,
LLC, and Lincoln Savings Bank and the City of Waterloo, Iowa, to change construction timelines
and parties involved moving forward, 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 28th day of January 2019.
uentin Hart, Mayor
AT 1'EST:
LeEve4, CMC, IaCMC
Deputy City Cle
CERTIFICATE
I, LeAnn M. Even Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that
the preceding is a true and complete copy of Resolution 2019-54, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 28th day of January 2019.
SEAL
Witness my hand and seal of office this 28th day of January 2019.
LeAnnL Even, CMC, IaCMC
Deputy ty Clerk 1