HomeMy WebLinkAbout2016-888-11/7/2016 (RESCINDED)Resolution 2016-888 rescinded by Resolution No. 2019-200 on April 1, 2019 due to failure to
meet stated deadlines.
Prepared by Nancy Higby, Administrative Secretary, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2016-888
RESOLUTION APPROVING A DEVELOPMENT AGREEMENT
BETWEEN BRADLEY AND AUBRY BALDWIN AND THE CITY OF
WATERLOO FOR THE CONSTRUCTION OF A 5,000 SQUARE
FOOT COMMERCIAL BUILDING IN THE 7,,,,,,,,,,,TIN ROAD TIF
DISTRICT, WITH A MINIMUM ASSEV 191 IhIIIIIIII o�� OF
$350,000, AUTHORIZING A GRANT OF $75,00��� UTHd°a
MAYOR AND CITY CLERK TO EXECUTi` 111 0 CESS
DOCUMENTS. °° IIIII'1i11llllllllll Id1,
BE IT RESOLVED BY THE CITY COUNCIL OF THE`���Iil° i II �, O 1uA] E 61 1 Gi O, IOWA,
that the Development Agreement dated November 7, 2016m een 'tldley an ihAubry Baldwin
and the City of Waterloo, Iowa, for the construction of ��S,00 0111m are11 rt c ''� ercial building
in the Martin Road TIF District, with a minimum asst. Itl • :jiiiiile:loar6
1�°I 50, * 0,I authorizing a grant
of $75,000, is hereby approved and the Mayor iid Cid h uth'orized and directed to
execute the same on behalf of the City of Waterldou Vpipiiiiiii
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PASSED AND ADOPTED this 79
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ATTEST:
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