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HomeMy WebLinkAbout2009-944-09/21/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2009-944 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE FOR CLEAR WINDOWS LIMITED LIABILITY PARTNERSHIP, JOHN A. DUTCHER AND C. SUZANNE DUTCHER FOR PAYMENT IN FULL OF AN ECONOMIC DEVELOPMENT LOAN AND DIRECTING EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. WHEREAS, Clear Windows Limited Liability Partnership, John A. Dutcher and C. Suzanne Dutcher have paid the remaining balance of the mortgage in conjunction with an Economic Development Loan for the following described property: Mid Port America Park Plat No. 1 Lot 2 except the Southwesterly 140 . 31 feet in even width thereof, City of Waterloo, Black Hawk County, State of Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated September 21, 2009, for payment of an Economic Development Loan, by and between Clear Windows Limited Liability Partnership, John A. Dutcher and C. Suzanne Dutcher, be and the same is hereby approved and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 21St day of September, 2009 . im Hurley, May ' ATTEST: C Nancy Eckert, CMC City Clerk