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HomeMy WebLinkAbout2022-125-02.21.2022 (RECORDED) IIIIII IIIIII III IIIII IIIII IIIII 11111111 II II 11111M1IIII IIII III Doc ID: 010433500001 Type: GEN Recorded: 04/19/2022 at 03:57:04 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER /� Fi1e2022_000203 /']4 Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-125 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AND MINIMUM ASSESSMENT AGREEMENT WITH VI 2, LLC, ORIGINALLY EXECUTED AUGUST 5, 2019, TO EXTEND THE CONSTRUCTION TIMELINE FOR CONSTRUCTION OF A NEW 3,000 SQUARE FOOT COMMERCIAL BUILDING, LOCATED AT THE NORTHWEST CORNER OF SAN MARNAN DRIVE AND KIMBALL AVENUE, 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 Amendment to the Development and Minimum Assessment Agreement dated February 21, 2022, between VI 2, LLC and the City of Waterloo, Iowa, to an agreement originally executed on August 5, 2019, to extend the construction timeline for construction of a new 3,000 square foot commercial building, located at the northwest corner of San Marnan Drive and Kimball Avenue, 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 21"day of February 2022.y� RayFetiss RIMY mHFn Ray Feuss, Mayor Pro Tern ATTEST: 7(eCley Felchle SIMFD Kelley Felchle, City Clerk CERTIFICATE 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 2022-125, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 21'day of February 2022. Witness my hand and seal of office this 21"day of February 2022. Kerley FeCchle sin' SEAL Kelley Felchle, City Clerk .> t • at• FiIil • �� Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-125 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AND MINIMUM ASSESSMENT AGREEMENT WITH VI 2, LLC, ORIGINALLY EXECUTED AUGUST 5, 2019, TO EXTEND THE CONSTRUCTION TIMELINE FOR CONSTRUCTION OF A NEW 3,000 SQUARE FOOT COMMERCIAL BUILDING, LOCATED AT THE NORTHWEST CORNER OF SAN MARNAN DRIVE AND KIMBALL AVENUE, 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 Amendment to the Development and Minimum Assessment Agreement dated February 21, 2022, between VI 2, LLC and the City of Waterloo, Iowa, to an agreement originally executed on August 5, 2019, to extend the construction timeline for construction of a new 3,000 square foot commercial building, located at the northwest corner of San Marnan Drive and Kimball Avenue, 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 21st day of February 2022. ATTEST: Kelley Felchle Kelley Felchle, City Clerk CERTIFICATE Ray Feuss, Mayor Pro Tem 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 2022-125, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 21st day of February 2022. SEAL Witness my hand and seal of office this 21 st day of February 2022. K,elley Felchle Kelley Felchle, City Clerk