HomeMy WebLinkAbout1999-082-02.22.1999 uc wU23
71 1 x r, <c
ry :J m [— N.
O 0 (1 23 irl
i2Dl �
27 a F- r, —i
F- F- F-I I
H H0(D •
This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
(L.
I cS t f— RESOLUTION NO. 1999-82
c > rn
Ui s-t > rl
_f E17. RESOLUTION APPROVING AND AUTHORIZING
0 <I EXECUTION OF A DEVELOPMENTAL AGREEMENT
BETWEEN GARY RITTER AND THE CITY OF WATERLOO.
WHEREAS, Gary Ritter proposes to develop property in the
Downtown Urban Renewal and Redevelopment Plan Area, and
WHEREAS, Gary Ritter and the City of Waterloo, Iowa, feel it
is in the best interest of both parties to execute a Development
Agreement between the parties regarding the development and use of
said real estate as well as other matters, and
WHEREAS, the City of Waterloo declares that this project
qualifies for incentives as authorized under Chapter 15A and
Chapter 403 in the Code of Iowa and the Downtown Waterloo Urban
Renewal and Redevelopment Plan, and
WHEREAS, the City Council of the City of Waterloo, Iowa, has
considered the 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
Gary Ritter 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 22nd day of February, 1999 .
John R. Rooff, Mar
ATTEST:
te4e.„
Nancy E ert, City Clerk