HomeMy WebLinkAbout2021-129-03.01.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2021-129
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH LG COMPANIES, LLC, FOR THE
CONSTRUCTION OF TWO NEW TWIN HOMES, WITH
$25,000 IN INFILL INCENTIVES, 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 Development Agreement dated March 1, 2021, between LG Companies, LLC and the
City of Waterloo, Iowa, in conjunction with the construction of two new twin homes, with
$25,000 in infill incentives, 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 lst day of March 2021.
ATTEST:
Kellee --etchie
Kelley Felchle
City Clerk
CERTIFICATE
Quentin Hart, Mayor
I, Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution 2021-129, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 1st day of March 2021.
SEAL
Witness my hand and seal of office this 1st day of March 2021
Kelee-et'chie
Kelley Felchle
City Clerk