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HomeMy WebLinkAbout2022-537-08.15.2022Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-537 RESOLUTION APPROVING A DEVELOPMENT AND MINIMUM ASSESSMENT AGREEMENT WITH CAMENZIND MASONRY, LLC, FOR THE CONSTRUCTION OF A NEW 10,800 SQUARE FOOT INDUSTRIAL BUILDING WITH A MINIMUM ASSESSED VALUE OF $550,000.00 FOR PHASE I, 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 and Minimum Assessment Agreement dated August 15, 2022, between Camenzind Masonry, LLC and the City of Waterloo, Iowa, in conjunction with the construction of a new 10,800 square foot industrial building with a minimum assessed value of $550,000.00 for Phase I, 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 15th day of August 2022. 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 No. 2022-537 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 15th day of August 2022. Witness my hand and seal of office this 15th day of August 2022. Kelley Felchle, City Clerk SEAL