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HomeMy WebLinkAbout2010-652-7 /26/2010RESOLUTION NO. 2010-652 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 26, 2010, for the Disaster Recovery Business Rental Assistance Program with the following businesses: Studio 3K, 10 W. 4th Street $5,400.00 Euro Style Barber Shop, 720 South Street $4,500.00 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 26th day of July, 2010. Ernest G. Clark, Mayor ATTEST: Suzy ch res, CMC City Clerk