HomeMy WebLinkAbout2014-773-09/02/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-773
RESOLUTION APPROVING MEMORANDUM OF AGREEMENT
REGARDING PRORATING OF REAL ESTATE TAXES WITH
L & H FARMS, LTD. OF WATERLOO, IOWA AND
DIRECTING EXECUTION OF SAID MEMORANDUM OF
AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Memorandum of Agreement Regarding Prorating of Real
Estate Taxes dated September 2, 2014, to confirm the parties'
agreement regarding the manner in which real estate taxes will be
prorated in conjunction with the Exchange Agreement for the sale
and purchase of the real estate, by and between L & H Farms, Ltd.
of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same
is hereby approved, and the Mayor and City Clerk authorized to
execute the same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 2nd day of September, 2014 .
nest G. lark, Mayor
ATTEST:
zy Sc res, CMC
City Cle k