HomeMy WebLinkAbout2005-1073-12.05.2005 .71 ,n
N
H >-•
ss
41 s Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
' eet, Waterloo, Iowa.
RESOLUTION NO. 2005-1073
ti n
C = RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH NCN, LIMITED COMPANY AND DIRECTING
EXECUTION OF SAID AGREEMENT BY MAYOR.
s
� ; BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
7l7at the Development Agreement dated December 5, 2005, for
• =redevelopment of the former Winterbottom Supply building located
25 Westfield Avenue in the Downtown Waterloo Urban Renewal and
Betdevelopment Plan, with 100 percent tax rebatements for seven
rJ Mears with minimum assessment value of $2, 000, 000 . 00, by and
)p0=tween NCN, Limited Company of Waterloo, Iowa, and the City of
aterloo, Iowa, be and the same is hereby approved, and the Mayor
�.. -authorized to execute the same in behalf of the City of Waterloo,
44a .
PASSED AND ADOPTED this 5th day of December, 2005 .
Tim Hurley, May
ITTEST:
Nancy Eckert, CMC
City Clerk