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HomeMy WebLinkAbout2014-983-11/17/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2014-983 RESOLUTION APPROVING AMENDMENT TO DEVELOPMENT AGREEMENT WITH MMC PROPERTIES, LLC OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Amendment to Development Agreement dated November 17, 2014, changing the timeframe to begin construction of a 10,000 square foot industrial building on Geraldine Road from earlier this past spring to this fall and completion within 6 months, by and between MMC Properties, LLC 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 17th day of November, 2014 . ()°' afif Ernest G. Clark, Mayor ATTEST: C.3.) Suzy Scilres, CMC City Clerk