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HomeMy WebLinkAbout2006-82-02/06/2006 ` 5 ::This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Sreet, Waterloo, Iowa. RESOLUTION NO. 2006-82 n - =_ RESOLUTION APPROVING LETTER OF AGREEMENT WITH EAGLE OTTAWA LLC AND DIRECTING EXECUTION OF SAID LETTER OF AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, -that the Letter of Agreement dated February 6, 2006, for payment • $66, 500 . 00 for payment in arrears, rate increases and 4l30, 000 . 00 for capital costs reimbursement for the corrosion Ontrol project, by and between Eagle Ottawa LLC of Waterloo, _Iowa, and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf the City of Waterloo, Iowa. PASSED AND ADOPTED this 6th day of February, 2006 . Tim Hurley, M or LATTEST: • Nancy Ecker ,i CMC City Clerk