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HomeMy WebLinkAbout2023-346-06.05.2023Prepared by LeAnn M. Even, City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-346 RESOLUTION SUPPORTING AN APPLICATION BY BALTIMORE FIELDS, LLC, FOR THE IOWA WORKFORCE HOUSING TAX CREDIT PROGRAM APPLICATION TO THE IOWA ECONOMIC DEVELOPMENT AUTHORITY, TO CONSTRUCT EIGHTEEN (18) NEW SINGLE-FAMILY HOMES LOCATED EAST OF 1003 VERMONT STREET, INCLUDING $90,000.00 1NFILL INCENTIVE UPON SUBSTANTIAL COMPLETION, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the City Council of the City of Waterloo supports the application by Baltimore Fields, LLC, for the Iowa Workforce Housing Tax Credit Program application to the Iowa Economic Development Authority, to construct eighteen (18) new single-family homes located east of 1003 Vermont Street, including $90,000.00 infill incentive upon substantial completion, and authorizing the Mayor and City Clerk to execute said document on behalf of the City of Waterloo. PASSED AND ADOPTED this 5th day of June 2023. Querttr.a 9-tar-6 Quentin Hart, Mayor ATTEST: 7(elley Felchle Kelley Felchle, City Clerk SEAL -� wgT OF„wimm, �' ., i�rrys •. C