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HomeMy WebLinkAbout2003-312-05.05.2003 H trJ E-I 0 C) It hp t71 p rri o r H trl H r_ r r, o crlhi,s Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Str9 --t, Waterloo, Iowa. g OtD .z. C) F-I tr5 0 RESOLUTION NO. 2003-312 s s tr3c) 01-2 I-1 RESOLUTION APPROVING AND AUTHORIZING EXECUTION •z.) s > OF A DEVELOPMENTAL AGREEMENT BETWEEN LARRY AND cri CINDY WEBER AND THE CITY OF WATERLOO, IOWA. c) HtrC t--t WHEREAS, Larry and Cindy Weber propose to purchase and w oaevlop property located within the City of Waterloo, Iowa, and CA 1-4 WHEREAS, Larry and Cindy Weber and the City of Waterloo, TOWa feel it is in the best interest of both parties to execute a CD Developmental Agreement between the parties regarding the purchase and development of said real estate as well as other matters, and WHEREAS, the City Council of the City of Waterloo, Iowa, has authorized the sale of said property per the Development Proposal Packet submitted by Larry and Cindy Weber, and WHEREAS, the City Council of the City of Waterloo, Iowa, has considered this Developmental Agreement, a copy of which is hereto attached, and deems it in the best interest of the City of Waterloo, Iowa, to enter into said Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that the Developmental Agreement between Larry and Cindy Weber and the City of Waterloo, Iowa, a copy of which is hereto attached, is hereby approved and the Mayor and City Clerk are hereby authorized to execute said Agreement on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 5th day of May, 2003. Joh R. Ro , ayor ATTEST: Ii7e1S2 Nancy Eckert, City Clerk