HomeMy WebLinkAbout2023-355-06.05.2023Prepared by LeAnn M. Even, City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA
50703, (319) 291-4323.
RESOLUTION NO. 2023-355
RESOLUTION SUPPORTING AN APPLICATION BY 3350
UNIVERSITY AVENUE, LLC, FOR THE IOWA WORKFORCE
HOUSING TAX CREDIT PROGRAM APPLICATION TO THE
IOWA ECONOMIC DEVELOPMENT AUTHORITY, TO
CONSTRUCT NINETY-FIVE (95) NEW HOUSING UNITS,
LOCATED AT 3350 UNIVERSITY AVENUE, INCLUDING A
POTENTIAL INFILL 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 3350 University Avenue,
LLC, for the Iowa Workforce Housing Tax Credit Program application to the Iowa Economic
Development Authority, to construct ninety-five (95) new housing units, located at 3350
University Avenue, including a potential infill incentive upon substantial completion, and
authorizes the Mayor and City Clerk to execute said documents on behalf of the City of
Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of June 2023.
ATTEST:
62ue 97ir
Quentin Hart, Mayor
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
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