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HomeMy WebLinkAbout2020-763-10.05.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2020-763 RESOLUTION APPROVING AN AMENDMENT TO THE CONTRACT WITH TYSON FRESH MEATS, INC., OF WATERLOO, IOWA, AND THE IOWA ECONOMIC DEVELOPMENT AUTHORITY, ORIGINALLY EXECUTED NOVEMBER 6, 2017, FOR HIGH QUALITY JOBS PROGRAM - TAX CREDIT COMPONENT INCENTIVES, TO EXTEND THE PROJECT COMPLETION DATE, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the amendment to the contract originally executed November 6, 2017, between Tyson Fresh Meats, Inc., of Waterloo, Iowa, the Iowa Economic Development Authority and the City of Waterloo, for High Quality Jobs Program -Tax Credit Component incentives, to extend the project and completion date to May 31, 2021 and the maintenance period completion date to May 31, 2023, is hereby approved, and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 5th day of October 2020. O.M&n.tcn Hart Quentin Hart, Mayor ATTEST: Kelee �e1c�L`e Kelley Felchle City Clerk SIGNED