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HomeMy WebLinkAbout2010-1097-12/13/2010RESOLUTION NO. 2010-1097 RESOLUTION APPROVING CONTRACTS AND PROMISSORY NOTES FOR THE DISASTER RECOVERY BUSINESS RENTAL ASSISTANCE PROGRAM WITH THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT AND DIRECTING EXECUTION OF SAID DOCUMENTS BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Contracts and Promissory Notes dated December 13, 2010, for the Disaster Recovery Business Rental Assistance Program with the following businesses: First Children's Finance, 501 Sycamore Street $6,000.00 Nuestra Raza Community Center, 630 Sycamore Street $4,350.00 by and between the Iowa Department of Economic Development (CDBG Contract #08 -DRB -205) and the City of Waterloo, Iowa, be and the same are hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 13th day of December, 2010. rnest G. Clark, Mayor ATTEST: uzy S h res, CMC City Clerk