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HomeMy WebLinkAbout2010-433-06/07/2010RESOLUTION NO. 2010-433 RESOLUTION APPROVING ECONOMIC DEVELOPMENT ASSISTANCE THROUGH THE STATE OF IOWA'S HIGH QUALITY JOBS PROGRAM FOR DEERE & COMPANY. WHEREAS, the City of Waterloo has received a request from Deere & Company to approve an application to the State of Iowa for the High Quality Jobs Program; and WHEREAS, the High Quality Jobs Program is established to promote economic development in the State of Iowa; and WHEREAS, John Deere is currently considering a significant investment to modernize the Waterloo Foundary to sustain competitive manufacturing processes in the facility. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Council supports the application for the High Quality Jobs Program by Deere & Company and recommends it be approved by the Iowa Department of Economic Development. PASSED AND ADOPTED this 7h day of June, 2010. rnest G. Clark, Mayor ATTEST: Suzy ch res, CMC City Clerk