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HomeMy WebLinkAbout2019-762-10/07/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-762 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH ADNAN DIZDARIC AND MERIMA DIZDARIC, FOR THE CONSTRUCTION OF A SINGLE FAMILY HOME, LOCATED AT 1330 JERSEY LANE, WITH A MINIMUM VALUE OF $200,000, AND APPROVING A DEVELOPMENT GRANT OF $5,000, 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 a single family home, located at 1330 Jersey Lane, with a minimum value of$200,000, and approving a development grant of$5,000, 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: /// / elley Felc 4 e 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 2019-762, 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. /// / / SEAL _ Kelley Felchlt City Clerk