HomeMy WebLinkAbout2008-505-6/16/2008 x ` o
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!Th3w, Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
�tf t, Waterloo, Iowa.
H o RESOLUTION NO. 2008-505
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RESOLUTION APPROVING BROWNFIELD PROJECT
W d r FINANCIAL ASSISTANCE AGREEMENT WITH IOWA
DEPARTMENT OF ECONOMIC DEVELOPMENT AND
- s DIRECTING EXECUTION OF SAID AGREEMENT BY
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s C MAYOR.
S `75Q
o t-JF-' c7) BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
t-h:a� the Brownfield Project Financial Assistance Agreement dated
' 16, 2008, for a $175, 000 . 00 forgivable loan for the
(cOt� nued demolition and asbestos removal work at the former
O° e,h6z�erlain Manufacturing site located at 550 Esther Street, by
T �Cia between Iowa Department of Economic Development of Des
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ti M(Arres, Iowa, and the City of Waterloo, Iowa, be and the same is
4��%by approved, and the Mayor and City Clerk authorized to
Zite the same in behalf of the City of Waterloo, Iowa .
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< to PASSED AND ADOPTED this 16th day of June, 2008 .
G �
Tim Hurley, May
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AT-TEST:
Nancy Eck rt, CMC
City C1