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HomeMy WebLinkAbout2019-841-11/04/2019 (RECORDED) Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2019-841 RESOLUTION APPROVING AMENDMENT TO THE DEVELOPMENT AGREEMENT WITH LINCOLN SAVINGS BANK, ORIGINALLY EXECUTED ON OCTOBER 7, 2019, TO SPECIFY THE IRD FUNDS FOR THE REHABILITATION OF 75,000 SQUARE FEET OF PROFESSIONAL OFFICE SPACE IN THE TECH ONE BUILDING, AND AUTHORIZING 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 between Lincoln Savings Bank and the City of Waterloo, Iowa, originally executed on October 7, 2019, be amended to specify the IRD funds for the rehabilitation of 75,000 square feet of professional office space in the Tech One Building, and authorize and direct the Mayor and City Clerk to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 4th day of November 2019. Quentin Hart, Mayor ATTEST: JAAk Kelley Felchle 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 2019-841, as passed and adopted by the 4th Council of the Cityof Waterloo, Iowa, on the 4 day y of November 2019. Witness my hand and seal of office this 4th day of November 2019. � l i / SEAL e ey Felchle ' City Clerk