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HomeMy WebLinkAbout2022-576-09.06.2022 (RECORDED) !!///1iJ!!I//I/I/I/I/I//II/////IIIIIiii//ii/iiiuiiiihilliiiiiiii 0001 Type: GEN Recorded: 09/12/2022 at 02:05:21 PM Fee Amt: $7.00 Pape 1 of 1 Black Hawk County Iowa SANDeIE L. SMITH RECORDER Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2022-576 RESOLUTION APPROVING THE TERMINATION OF A DEVELOPMENT AGREEMENT WITH GOLDFINCH S&M PROPERTIES, LLC, FOR REHABILITATION OF 1804 E. 4TH STREET, ORIGINALLY APPROVED BY COUNCIL ON APRIL 27, 2020 AND RECORDED JULY 16, 2020 AS DOC. NO. 2021- 1068, AND LATER AMENDED BY AN AGREEMENT DATED SEPTEMBER 28, 2020, AND RECORDED DECEMBER 17, 2020 AS DOC. NO. 2021-12972, FOR FAILURE TO COMPLETE THE PROJECT PER THE TIME LINE PROVIDED FOR IN THE DEVELOPMENT AGREEMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the Termination of a Development Agreement with Goldfinch S&M Properties, LLC, in conjunction with the rehabilitation of 1804 E. 4th Street, originally approved by Council on April 27, 2020 and recorded July 16, 2020 as Doc. No. 2021-1068, and later amended by an Agreement dated September 28, 2020, and recorded December 17, 2020 as Doc.No. 2021-12972, for failure to complete the project per the time line provided for in the development agreement, is hereby approved. PASSED AND ADOPTED this 6th day of September 2022. Quevktin ifart INNER SI6m n Quentin Hart, Mayor ATTEST: 7(elCey Felchle °'a"Y Sinn 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 No. 2022-576 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 6th day of September 2022. Witness my hand and seal of office this 6th day of September 2022. 7(elley Felchle SIGNED Kelley Felchle, City Clerk SEAL •yyP�ER<C • •. •pw C-1) Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-576 RESOLUTION APPROVING THE TERMINATION OF A DEVELOPMENT AGREEMENT WITH GOLDFINCH S&M PROPERTIES, LLC, FOR REHABILITATION OF 1804 E. 4TH STREET, ORIGINALLY APPROVED BY COUNCIL ON APRIL 27, 2020 AND RECORDED JULY 16, 2020 AS DOC. NO. 2021- 1068, AND LATER AMENDED BY AN AGREEMENT DATED SEPTEMBER 28, 2020, AND RECORDED DECEMBER 17, 2020 AS DOC. NO. 2021-12972, FOR FAILURE TO COMPLETE THE PROJECT PER THE TIME LINE PROVIDED FOR IN THE DEVELOPMENT AGREEMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the Termination of a Development Agreement with Goldfinch S&M Properties, LLC, in conjunction with the rehabilitation of 1804 E. 4th Street, originally approved by Council on April 27, 2020 and recorded July 16, 2020 as Doc. No. 2021-1068, and later amended by an Agreement dated September 28, 2020, and recorded December 17, 2020 as Doc. No. 2021-12972, for failure to complete the project per the time line provided for in the development agreement, is hereby approved. PASSED AND ADOPTED this 6th day of September 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. 2022-576 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 6th day of September 2022. Witness my hand and seal of office this 6th day of September 2022. Kelley Fe(cfile Kelley Felchle, City Clerk SEAL DIGITALLY SIGNED