HomeMy WebLinkAbout2009-896-09/08/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2009-896
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH HURST HOLDING COMPANY INC. AND DIRECTING
EXECUTION OF SAID AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated September 8 , 2009, to make
improvements to the Hurst land just west of the Tower Park Office
Complex, with the city offering an $80, 000 . 00 grant for
improvements to San Marnan Drive for the Hurst Drive extension to
the south, by and between Hurst Holding Company Inc . of Waterloo,
Iowa and the City of Waterloo, Iowa, be and the same is hereby
approved, and the Mayor and City Clerk authorized to execute the
same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 8th day of September, 2009 .
Tim Hurley, Mayor
ATTEST:
Nancy Eckert,*MC
City Clerk