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HomeMy WebLinkAbout2012-865-8/27/2012 Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703 . RESOLUTION NO. 2012-865 RESOLUTION APPROVING FIRST AMENDMENT TO DEVELOPMENT AGREEMENT WITH ROGER KLINGFUS DBA METRO TRANSMISSION INC. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AMENDMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the First Amendment to Development Agreement dated August 27, 2012, to change the start and completion dates and change the minimum size of the new industrial building to be built on the site to a minimum size of 2, 250 square feet and a new taxable value of $95, 000, by and between Roger Klingfus dba Metro Transmission Inc. of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 27th day of August, 2012 . rnest G. Clark, Mayor ATTEST: uzy Sc fares, CMC City Clerk