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HomeMy WebLinkAboutWalnut Neighborhood Coalition MOU 12.7.2020MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF WATERLOO AND WALNUT NEIGHBORHOOD HOUSING COALITION THIS MEMORANDUM OF UNDERSTANDING is entered into this 7th day of December , 2020, by and between the City of Waterloo, ("City"), and Walnut Neighborhood Housing Coalition ("Coalition"). The City recognizes the Coalition has been formed to promote and protect fair, decent, affordable, mixed -income, and historically preserved housing and residential development in the Walnut Neighborhood in Waterloo, Iowa, said area being as shown in the attached Exhibit "A". The Coalition agrees to share a responsibility for the achievement of adequate, mixed -income housing, mixed -use neighborhood revitalization, and commercial development opportunities. The Coalition will, on an ongoing basis, jointly identify housing issues and concerns which need be addressed and develop measurable strategies and actions to address identified issues and concerns to the best of their abilities. Lastly, the Coalition will work collaboratively to identify and implement neighborhood design and quality of life improvements for the benefit of residents and businesses. The City agrees to approach the Coalition about the acquisition, sale, and/or demolition of real estate within the Walnut Neighborhood prior to execution while the Coalition remains actively in existence. This agreement shall be effective for a period of six years. This agreement may be terminated earlier if one party delivers to the other a ninety (90) day advance written notice of termination. In Witness Whereof, the Parties here have executed this Memorandum of Understanding on the 8th day of December , 2020. CITY OF WATERLOO 715 Mulberry Street Waterloo, Iowa Street 50703 WALNUT NEIGHBORHOOD HOUSING COALITION c/o Iowa Heartland Habitat for Humanity 803 W 5th Street, Waterloo, Iowa 50702 Mayor Quentin Hart Ali Parrish, IHHFH Coalition Representative ATTEST: Ke/lei �e/ch/e Laura }-ion Kelley Felchle City Clerk Laura Hoy, Link CCD Coalition Representative