HomeMy WebLinkAbout2019-924-11/25/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-924
RESOLUTION APPROVING A BUSINESS FINANCIAL
ASSISTANCE APPLICATION FOR TAX CREDITS THROUGH
THE IOWA ECONOMIC DEVELOPMENT AUTHORITY,
WITH A LOCAL MATCH COMMITMENT THROUGH TIF
INCENTIVES FOR THE TECHWORKS REDEVELOPMENT
PROJECT BY LINCOLN SAVINGS BANK, LOCATED AT 360
WESTFIELD AVENUE, AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that
the Business Financial Assistance Application dated November 25, 2019, between the Iowa
Economic Development Authority and the City of Waterloo, Iowa, including local match
commitment through TIF incentives, for the Techworks Redevelopment Project by Lincoln
Savings Bank, located at 360 Westfield Avenue, 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 25th day of November 2019.
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Quentin Hart, Mayor
ATTESTf
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elley Felc
City Clerk