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HomeMy WebLinkAbout2005-670-07.25.2005 U 7Q :v J Y s Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry iStxeet, Waterloo, Iowa. s s ` RESOLUTION NO. 2005-670 RESOLUTION APPROVING ASSIGNMENT OF PROMISSORY J v = NOTE TO IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT AND DIRECTING EXECUTION OF SAID H PROMISSORY NOTE BY MAYOR. BE IT HEREBY RESOLVED BY THE COUNCIL OF THE CITY OF �, -WA'TERLOO, IOWA, that the Assignment of Promissory Note dated July -25, 2005, to the Iowa Department of Economic Development for -default by Airgas-North Central of their Community Economic - etterment Account (CEBA) loan/forgivable loan, be and the same is hereby approved and the Mayor authorized to execute the same ti -in behalf of the City of Waterloo, Iowa . PASSED AND ADOPTED this 25th day of July, 2005 . o ss im Hurley, ayor ATTEST: Nancy Ecke , CMC City Clerk