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HomeMy WebLinkAbout2010-760-8 /23/2010RESOLUTION NO. 2010-760 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH FORTUNES TAP AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated August 23, 2010, for sale and conveyance of the remaining portion of city -owned vacated Elm Street generally located next to 328 Elm Street for $1.00, by and between Fortunes Tap of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 23rd day of August, 2010. 17 V, /rn'est*'1�1.rk, Mayor ATTEST: Suzy c ares, CMC City Clerk