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HomeMy WebLinkAbout2010-627-7 /19/2010RESOLUTION NO. 2010-627 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 July 19, 2010, for the Disaster Recovery Business Rental Assistance Program with the following businesses: Coco Transportation, LLC, 1414 Lafayette Street $48,000.00 Jam Audio Recording,501 Sycamore Street $3,834.00 Sarajlija Bakery & Grocery, 1206 W. 9th Street $24,000.00 Two 4 Tots, 622 Sycamore Street $8,400.00 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 ATTEST: 19th day of July, 2010. Ernest G. Clark, Mayor Suzy Scha4i s, CMC City Clerk