HomeMy WebLinkAbout2019-761-10/07/2019 (RECORDED) Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-761
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH BLACK HAWK CONTRACTING &
DEVELOPMENT CO., FOR THE CONSTRUCTION OF TWO
SINGLE FAMILY HOMES, LOCATED AT 1130 AND 1132
HUMMINGBIRD CIRCLE, WITH A MINIMUM ASSESSED
VALUE OF $150,000 EACH, AND APPROVING A
DEVELOPMENT GRANT OF $5,000 PER DWELLING, AND
AUTHORIZING 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 October 7, 2019, between Black Hawk Contracting &
Development Co. and the City of Waterloo, Iowa, for the construction of two single family
homes, located at 1130 and 1132 Hummingbird Circle, with a minimum assessed value of
$150,000 each, and approving a development grant of$5,000 per dwelling, is hereby approved,
and the Mayor and City Clerk are authorized and directed to execute said document on behalf of
the City of Waterloo, Iowa.
PASSED AND ADOPTED this 7th day of October 2019.
Quentin Hart, Mayor
—ATTEST:
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Kelley Fele
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 2019-761, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 7th day of October 2019.
Witness my hand and seal of office this 7th day of October 2019.
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elley Felchl:
City Clerk '