HomeMy WebLinkAbout2007-150-3/5/2007 :\ I.
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Th ---Resolutionprepared by Nancy Eckert, City Clerk, 715 Mulberry
E�f3'et, Waterloo, Iowa.
J RESOLUTION NO. 2007-150
RESOLUTION APPROVING . AGREEMENT WITH IOWA
DEPARTMENT OF ECONOMIC DEVELOPMENT AND ALTER
= = TRADING CORPORATION AND DIRECTING EXECUTION
- OF SAID AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
thM: the agreement for High Quality Job Creation Program Funding
dated March 5, 2007, for Investment Tax Credit of $55, 500 . 00 over
a wive-year period as part of $5 . 55 million investment in
mghinery and equipment as well as creation of five new jobs, by
aid- between the Iowa Department of Economic Development, Alter
Trikding Corporation and the City of Waterloo, Iowa, be and the
same are hereby approved, and the Mayor and City Clerk authorized
Wi execute the same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of March, 2007 .
Tim Hurley, May
PZI*ST:
Nancy Ecker CMC
City Clerk
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