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HomeMy WebLinkAbout2020-782-10.19.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-782 RESOLUTION APPROVING CONSENT TO TRANSFER AND ASSIGNMENT AGREEMENT WITH BOB C. MOORE AND 401 DEVONSHIRE, LLC, FOR PROPERTY LOCATED AT 401 DEVONSHIRE DRIVE, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo and 401 Devonshire, LLC entered into a Development Agreement August 19, 2019 for the development and use of property located at 401 Devonshire Drive and generally described as parcel 8913-33-427-012. WHEREAS, 401 Devonshire, LLC desires to convey said Property and assign its rights, per Section 11A of said Development Agreement, to Bob C. Moore. NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Consent to Transfer and Assignment Agreement dated October 19, 2020, between Bob C. Moore and the City of Waterloo, for the transfer and development of property located at 401 Devonshire Drive, be and the same is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 19th day of October 2020. Quentin Hart, Mayor ATTEST: Kele, Kelley Felchle City Clerk