HomeMy WebLinkAbout2004-833-12.13.2004 N t7
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T : Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Stet, Waterloo, Iowa.
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H n RESOLUTION NO. 2004-833
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RESOLUTION APPROVING DEVELOPMENT AGREEMENT
h O WITH CBE GROUP, INC. AND DIRECTING EXECUTION
7, o OF SAID AGREEMENT BY MAYOR.
o t- n- BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
tfa " the Development Agreement dated December 13, 2004, to
os develop 20, 000 sq. ft. professional office building on
Ppr,oximately 6 acre site generally located south of the existing
S611 Tower Park office complex, with a minimum taxable value of
$ million, addition of 240 jobs and a grant in the amount of
? $738, 549. 00 for land purchase, by and between CBE Group, Inc. of
o Waterloo, Iowa, and the City of Waterloo, Iowa, be and the same
w is hereby approved, and the Mayor authorized to execute the same
in 4,ehalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 13th day of December, 2004 .
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p T m Hur ey, May r
A' 'EST:
Nancy "Eckera CMC
City Clerk IIP