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HomeMy WebLinkAbout2023-419-07.03.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-419 RESOLUTION APPROVING FY 2024 AND FY 2025 PROFESSIONAL SERVICES AGREEMENT WITH GROW CEDAR VALLEY, IN THE AMOUNT OF $30,625.00, WITH $80,750.00 IN POTENTIAL INCENTIVE FUNDS ANNUALLY, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Professional Services Agreement dated July 3, 2023 between Grow Cedar Valley and the City of Waterloo, Iowa, in the amount of $30,625.00, with $80,750.00 in potential incentive funds annually, to promote economic development, 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 3rd day of July 2023. aterdin liar( Quentin Hart, Mayor ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL