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HomeMy WebLinkAbout2012-442-05.14.2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2012-442 RESOLUTION TERMINATING DEVELOPMENT AGREEMENT WITH SECOR INVESTMENT, LLC, AND ACCEPTING THE ACQUISITION OF APPROXIMATELY 6 ACRES OF LAND LOCATED EAST OF 3215 LAFAYETTE STREET. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the request to terminate the Development Agreement and accepting the acquisition of approximately 6 acres of land located east of 3215 Lafayette Street, between Secor Investments, LLC and the City of Waterloo, originally executed May 14, 2012, for development of the former Windor site at 3215 Lafayette Street, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 14th day of May, 2012. Ernest G. Clark, Mayor ATTEST: Suzy Schares, CMC City Clerk