HomeMy WebLinkAbout2022-406-06.20.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-406
RESOLUTION TO AMEND AND RESTATE THE
DEVELOPMENT AGREEMENTS WITH AVITA
DEVELOPMENTS, LLC, ORIGINALLY APPROVED MAY 5,
2008 AND JULY 16, 2018, INCLUDING ASSOCIATED
AMENDMENTS AND MINIMUM ASSESSMENT
AGREEMENTS TO ASSIGN THE AGREEMENT TO NEW
OWNERSHIP, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA, that the Amendment and Restatement to the Development Agreements originally
approved May 5, 2022, and July 16, 2018, including associated amendments and Minimum
Assessment Agreements to assign the agreement to new ownership between Avita Developments,
LLC, and the City of Waterloo, Iowa, is hereby approved, and the Mayor is authorized and
directed to execute said document on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 20th day of June 2022.
Quentin Hart, Mayor
ATTEST:
Kelley Felchle, City Clerk
SEAL