HomeMy WebLinkAbout2023-370-06.05.2023Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-370
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH BABIC PROPERTIES, LLC, FOR THE
CONSTRUCTION OF A NEW DUPLEX ON AN INFILL LOT,
INCLUDING A $10,000.00 INFILL INCENTIVE UPON
SUBSTANTIAL COMPLETION OF SAID DUPLEX, AND
AUTHORIZING MAYOR AND CITY CLERK TO EXECUTE
SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated June 5, 2023, between Babic Properties, LLC and the
City of Waterloo, for the construction of a new duplex on an infill lot, including a $10,000.00
infill incentive upon substantial completion of said duplex, and legally described as follows:
HAMMOND HILLS SIXTH ADDITION, LOT 143, IN THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA
is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said
document on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of June 2023.
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
CERTIFICATE
Qaercn 9(rt
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. 2023-370 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 5th day of June 2023.
Witness my hand and seal of office this 5th day of June 2023.
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
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