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HomeMy WebLinkAbout2019-55-1-28-19Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-55 RESOLUTION APPROVING AN AMENDMENT TO DEVELOPMENT AGREEMENT WITH BLACK HAWK CONTRACTING & DEVELOPMENT CO., CHANGING THE PROJECT CONSTRUCTION TIMELINE AND ADDING THE 657A INFILL POLICY INCENTIVE FOR THE PROPERTY LOCATED AT 7TH AND LAFAYETTE STREET, 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 May 6, 2013, between Black Hawk Contracting & Development Co. and the City of Waterloo, Iowa, changing the project construction timeline and adding the 657A Infill Policy incentive for the property located at 7th and Lafayette Street, 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. ATTEST: LeAn% M. Eve , CMC, IaCMC Deputy City Clerk CERTIFICATE Quentin Hart, Mayor 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 2019-55, 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. LeAnn. Ever, CMC, IaCMC Deputy City Cle