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HomeMy WebLinkAbout2023-486-08.07.2023 (RECORDED) 1 IIII II lll II IIIIIII IItt tIllhI III �I II Doc ID: 012009440001 Type: GEN Recorded: 09/18/2023 at 03:34:43 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2024-00003915 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-486 RESOLUTION APPROVING AMENDMENT NO. 5 TO THE DEVELOPMENT AGREEMENT WITH DEER CREEK DEVELOPMENT, LLC, ORIGINALLY EXECUTED OCTOBER 13, 2006, TO MAKE ANNUAL PAYMENTS IN THE AMOUNT OF $300,000.00, PER THE AGREEMENT, 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 Deer Creek Development, LLC, originally approved October 13, 2006, to make annual payments in the amount of$300,000.00, per the agreement, 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 7th day of August 2023. hvC/ /LL / / ydtn. � l/J/N/./TV SIGNEp . Quentin Hart, Mayor ATTEST: Kelley Felchle T""" Kelley Felchle, City Clerk SEAL . a 4+ S I 1 1� � 11 IM 3 `�I • v iv}"3 (rj Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-486 RESOLUTION APPROVING AMENDMENT NO. 5 TO THE DEVELOPMENT AGREEMENT WITH DEER CREEK DEVELOPMENT, LLC, ORIGINALLY EXECUTED OCTOBER 13, 2006, TO MAKE ANNUAL PAYMENTS IN THE AMOUNT OF $300,000.00, PER THE AGREEMENT, 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 Deer Creek Development, LLC, originally approved October 13, 2006, to make annual payments in the amount of $300,000.00, per the agreement, 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 7th day of August 2023. Quez-a z 9-iir1 Quentin Hart, Mayor ATTEST: Kelley Felchle Kelley Felchle, City Clerk SEAL