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HomeMy WebLinkAbout2023-424-07.03.2023 (RECORDED) II III I I IIIII IIII III II H IIIII III I III I IIIII 1111 lIH IIII II II Doc ID: 012042960001 Type: GEN Recorded: 12/01/2023 at 03:20:31 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2024-00007202 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, —Waterloo,IA 50703, (319)291-4323. RESOLUTION NO. 2023-424 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT WITH 5 BEES, LLC, ORIGINALLY EXECUTED JULY 13, 2020, ADJUSTING THE SQUARE FOOTAGE OF THE BUILDINGS CONSTRUCTED, TIMELINE OF COMPLETION AND CONSENTING TO THE SALE OF PROPERTY OUTLINED IN PHASE II, FOR PROPERTIES LOCATED IN THE 1800 BLOCK OF BLACK HAWK STREET, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that an amendment to the Development Agreement with 5 Bees, LLC, originally approved July 13, 2020, adjusting the square footage of the buildings constructed, timeline of completion and consenting to the sale of property outlined in phase II, for properties located in the 1800 block of Black Hawk Street, 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. QuerHuz LIGTA IY ��(� (� SIGNED Quentin Hart, Mayor ATTEST: R elley EeCchre SI6NE6 Kelley Felchle, City Clerk SEAL W4 41/4 old/+kyrrer +vrr+r+, 0 1 111■ 1 1 11 I 0 34 Ir Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-424 RESOLUTION APPROVING AN AMENDMENT TO THE DEVELOPMENT AGREEMENT WITH 5 BEES, LLC, ORIGINALLY EXECUTED JULY 13, 2020, ADJUSTING THE SQUARE FOOTAGE OF THE BUILDINGS CONSTRUCTED, TIMELINE OF COMPLETION AND CONSENTING TO THE SALE OF PROPERTY OUTLINED IN PHASE II, FOR PROPERTIES LOCATED IN THE 1800 BLOCK OF BLACK HAWK STREET, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that an amendment to the Development Agreement with 5 Bees, LLC, originally approved July 13, 2020, adjusting the square footage of the buildings constructed, timeline of completion and consenting to the sale of property outlined in phase II, for properties located in the 1800 block of Black Hawk Street, 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. Qcten-6in 9-tart Quentin Hart, Mayor ATTEST: 7Kelley Felchle Kelley Felchle, City Clerk SEAL