HomeMy WebLinkAbout2020-289-04/27/2020Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-289
APPROVING AN AMENDMENT TO A DEVELOPMENT
AGREEMENT WITH FUSION INVESTMENTS, LLC,
ORIGINALLY EXECUTED APRIL 15, 2019, FOR THE
DEVELOPMENT OF INFRASTRUCTURE OF CEDAR
VALLEY CROSSING, A TEN -LOT COMMERCIAL/LIGHT
INDUSTRIAL SUBDIVISION, TO AMEND TIMEFRAMES
FOR COMPLETION OF INFRASTRUCTURE AND
AGGREGATE TAXABLE VALUES, 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 April 27, 2020, between Fusion Investments and the City
of Waterloo, Iowa, originally executed on April 15, 2019, for the development of infrastructure
of Cedar Valley Crossing, a ten -lot commercial/light industrial subdivision be amended
to change the completion date for infrastructure and aggregate taxable values, 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 27th day of April 2020.
ATTEST:
Kelley Fel le
City Clerk
Quentin Hart, Mayor
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 2020-289, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 27th day of April 2020.
SEAL
Witness my hand and seal of office this 27th day of April 2020.
elfey Felchl
City Clerk