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HomeMy WebLinkAbout2019-638-08/19/2019 Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-638 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH REG DREW INVESTMENTS, LLC, FOR THE PROPERTY LOCATED AT 139 CLARK STREET, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the Development Agreement dated August 19, 2019, between Reg Drew Investments, LLC and the City of Waterloo, Iowa, for the construction of a 2,500 square foot commercial building and related parking, landscaping, and other improvements to the buildings and grounds, 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 19th day of August 2019.— Quentin Hart, Mayor ATTEST: _ L� t� /_. . A A Kelley Felchl:, City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2019-638 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19th day of August 2019. Witness my hand and seal of office this 19th day of August 2019. A I _ / ,� I l _r_Il Ke ley Felchl:' City Clerk SEAL