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HomeMy WebLinkAbout2009-160-03/02/2009 rn c,,3 al; C ¢ � Win; HnC C sHtr nx • c r1; • , T• his Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry rr Street, Waterloo, Iowa. c C cs RESOLUTION NO. 2009-160 H ~" RESOLUTION APPROVING DEVELOPMENT AGREEMENT C h7 s WITH RONAN AND LISA SCHWICKERATH AND DIRECTING EXECUTION OF SAID AGREEMENT BY • T MAYOR PRO TEM. Y_ BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated March 2 , 2009, for construction of a new 3 , 920 square foot building generally located at 3805 West Airline Highway, with a new taxable value of $80 , 000 . 00 and tax rebatements for five years at 50 percent, by and between Ronan and Lisa Schwickerath and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor Pro Tem and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 2nd day of arc4, 2009 . / s < tr.+ ciklj tr. Reggie Schmitt, Mayor Pro Tem ATTEST: Nancy Ec t, CMC City Cler