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p4s.Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
ft,,T-=st, Waterloo, Iowa.
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RESOLUTION NO. 2007-723
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RESOLUTION APPROVING DEVELOPMENT AGREEMENT
N > WITH MICHAEL' S STORAGE MANUFACTURING, INC.
tns AND DIRECTING EXECUTION OF SAID AGREEMENT BY
s o MAYOR.
o s BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
at the Development Agreement dated August 27, 2007, for
re.5abilitation of the former Alstadt Langlas Bakery Building
c Lmated at 1420-1422 Mulberry Street, with tax rebatements for
years at 100 percent on the added value of a minimum of
$�I�t2, 720 . 00, by and between Michael' s Storage Manufacturing, Inc.
w ifs Waterloo, Iowa, and the City of Waterloo, Iowa, be and the
same is hereby approved, and the Mayor and City Clerk authorized
to,mexecute the same in behalf of the City of Waterloo, Iowa.
x PASSED AND ADOPTED this 27th day of August, 2007 .
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Tim Hurley, May
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AT;EST:
Nancy Ecke CMC
City Clerk
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