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HomeMy WebLinkAbout2023-370-06.05.2023 (RECORDED) IIII MI1111111111110101111E111110 UI lI0 II II I IIII II Doc ID: 011980170001 Type: GEN Recorded: 07/24/2023 at 02:47:43 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER 1 F File2024-00001052 b, Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, �T IA 50703, (319) 291-4323. RESOLUTION NO. 2023-370 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH BABIC PROPERTIES, LLC, FOR THE CONSTRUCTION OF A NEW DUPLEX ON AN INFILL LOT, INCLUDING A $10,000.00 INFILL INCENTIVE UPON SUBSTANTIAL COMPLETION OF SAID DUPLEX, AND AUTHORIZING MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated June 5, 2023, between Babic Properties, LLC and the City of Waterloo, for the construction of a new duplex on an infill lot, including a$10,000.00 infill incentive upon substantial completion of said duplex, and legally described as follows: HAMMOND HILLS SIXTH ADDITION, LOT 143,IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA 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 5th day of June 2023. Quertm ,�/ Oi01TAlLV /TV SIGNED ATTEST: Quentin Hart, Mayor Kelley Felchle SIGNED Kelley Felchle, City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2023-370 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 5`h day of June 2023. Witness my hand and seal of office this 5th day of June 2023. Kelley Felchle °'�'""" SIGNED Kelley Felchle, City Clerk SEAL OV Wq 14' o.. r/i �a*fi i�,r. 'V 0 460.