HomeMy WebLinkAbout2019-584-08/05/2019 Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-584
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH MLG, LLC, FOR THE CONSTRUCTION OF TWO
SINGLE FAMILY HOMES, WITH A MINIMUM VALUE OF
$180,000 EACH, AND APPROVING A DEVELOPMENT
GRANT OF $5,000 FOR EACH HOME, 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 Development Agreement dated August 5, 2019, between MLG, LLC, of Waterloo, Iowa
and the City of Waterloo, Iowa, for the construction of two single family homes, with a minimum
value of$180,000 each and a development grant in the amount of$5,000 per home, is hereby
approved, and the Mayor and City Clerk are authorized and directed to execute said documents
on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of August 2019.
Dt-011A5c4
Quentin Hart, Mayor
ATTEST:
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Le
M. Eves, CMC, IaCMC
Deputy City Clerk
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 No. 2019-584 as passed and adopted
by the City Council of the City of Waterloo, Iowa, on the 5th day of August 2019.
Witness my hand and seal of office this 5th day of August 2019.
LeAnn . EvenV, CMC, IaCMC
Deputy ity Clerk
SES