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Th4 ` Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
$trot, Waterloo, Iowa.
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RESOLUTION NO. 2007-463
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RESOLUTION APPROVING AGREEMENT WITH IOWA
F- m DEPARTMENT OF ECONOMIC DEVELOPMENT AND ADVANCED
x HEAT TREAT AND DIRECTING EXECUTION OF SAID
s d AGREEMENT BY MAYOR.
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CD BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
xliAt the agreement dated June 11, 2007, for a Community Economic
CD �terment Account (CEBA) $50, 000 . 00 forgivable loan and
50, 000. 00 zero interest loan as part of the $2 million expansion
,ata Advanced Heat Treat, 2839 Burton Avenue, by and between Iowa
�)Oartment of Economic Development, Advanced Heat Treat, and the
w 'City of Waterloo, Iowa, be and the same is hereby approved, and
Mayor and City Clerk authorized to execute the same in behalf
9f the City of Waterloo, Iowa .
s PASSED AND ADOPTED this 11th day of June, 2007 .
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Nancy Ecke CMC
City Clerk
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