HomeMy WebLinkAbout2005-207-03.14.2005 -U
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' hs' Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Et-rcet, Waterloo, Iowa.
s RESOLUTION NO. 2005-207
RESOLUTION APPROVING ASSIGNMENT OF PROMISSORY
NOTE TO THE IOWA DEPARTMENT OF ECONOMIC
DEVELOPMENT AND DIRECTING EXECUTION OF SAID
c� ¢ PROMISSORY NOTE BY MAYOR.
C f�„ --- C7
BE IT HEREBY RESOLVED BY THE COUNCIL OF THE CITY OF
E-' WATERLOO, IOWA, that the Assignment of Promissory Note dated
March 14, 2005, to the Iowa Department of Economic Development
for default by Clear Windows LLC of their Community Economic
Eetterment Account (CEBA) loan/forgivable loan, be and the same
• fs, hereby approved and the Mayor authorized to execute the same
in_-behalf of the City of Waterloo, Iowa.
c . .
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N A. 11 PASSED AND ADOPTED this 14th day of March, 2005 .
s
Ti Hurley, May
ATTEST:
Nancy Ecke , CMC
City Clerk