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HomeMy WebLinkAbout2021-637-09.20.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-637 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH HOSS BUILDERS, LLC, FOR THE CONSTRUCTION OF AN INFILL LOT ON LOIS LANE, INCLUDING $5,000 IN PAYMENT INCENTIVE UPON COMPLETION OF NEW HOME, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated September 20, 2021, between Hoss Builders, LLC and the City of Waterloo in conjunction with the construction of an infill lot on Lois Lane, including $5,000 in payment incentive upon completion of new home, is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 20th day of September 2021. ATTEST: Kelley Felchle, City Clerk CERTIFICATE Quentin Hart, Mayor I, Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2021-637, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 20th day of September 2021. Witness my hand and seal of office this 20th day of September 2021 Kelley Felchle, City Clerk SEAL 4/414