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HomeMy WebLinkAbout2019-465-06/17/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-465 RESOLUTION APPROVING AN ESCROW AGREEMENT WITH DGOGWATERLOOIA10032018, LLC, (DOLLAR GENERAL) FOR CITY OWNED PROPERTY LOCATED NEAR THE NORTHEAST CORNER OF IDAHO STREET AND MARTIN LUTHER KING, JR. DRIVE, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Escrow Agreement dated June 17, 2019, between DGOGWaterlooia10032018, LLC, (Dollar General) and the City of Waterloo, Iowa, to allow $6,000 to be held in escrow until March 31, 2020, for city owned property located near the northeast corner of Idaho Street and Martin Luther King, Jr. Drive, be and the same 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 17th day of June 2019. r),,L42,4,.<71, Quentin Hart, Mayor ATTEST: /// elley F fchle City Cle