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HomeMy WebLinkAbout2023-550-09.05.2023 (RECORDED) 11111111111111111111111111111 I 1 1 II IIIII IIIII IIII III Doc ID: 012083590001 Type: GEN Recorded: 03/14/2024 at 11:25:16 AM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER i i 7 File2024-0001 1 1 / 3 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2023-550 RESOLUTION APPROVING A DEVELOPMENT AND GROUND LEASE AGREEMENT WITH THE WATERLOO DEVELOPMENT CORPORATION FOR A PERIOD OF EIGHTEEN MONTHS, IN THE AMOUNT OF $10.00, INCLUDING A GRANT OF $2,695,704.00, FOR PROPERTY LOCATED NORTH OF 250 WESTFIELD AVENUE, 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 Development and Ground Lease Agreement with the Waterloo Development Corporation for a period of eighteen months, in the amount of $10.00, including a grant of $2,695,704.00, for property located north of 250 Westfield Avenue, 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 5`"day of September 2023. CmrrA1 w 12-ci F2V55 SIGNED sef Ray Feuss, Mayor Pro Tern ATTEST: A �Ye1 SIIGNE,TAL Y 1GNED LeAnn M. Even, Deputy City Clerk CERTIFICATE I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2023-550 as passed and adopted by the Council of the City of Waterloo, Iowa, on the 5`h day of September 2023. Witness my hand and seal of office this 5th day of September 2023. DOTASIGNED >&' ptii, &rem, SED S LeAnn M. Even, Deputy City Clerk SEAL OS 1614 444. AFk r 4. 0 J/Yfy;rMsr +rvfrs�r, • 11i■i 1iuii vie s 7J 3-72 0. 21(�- Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2023-550 RESOLUTION APPROVING A DEVELOPMENT AND GROUND LEASE AGREEMENT WITH THE WATERLOO DEVELOPMENT CORPORATION FOR A PERIOD OF EIGHTEEN MONTHS, IN THE AMOUNT OF $10.00, INCLUDING A GRANT OF $2,695,704.00, FOR PROPERTY LOCATED NORTH OF 250 WESTFIELD AVENUE, 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 Development and Ground Lease Agreement with the Waterloo Development Corporation for a period of eighteen months, in the amount of $10.00, including a grant of $2,695,704.00, for property located north of 250 Westfield Avenue, 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 September 2023. ATTEST: &54vuv v'Ves� LeAnn M. Even, Deputy City Cler CERTIFICATE Ray Feuss, Mayor Pro Tem I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2023-550 as passed and adopted by the Council of the City of Waterloo, Iowa, on the 5th day of September 2023. Witness my hand and seal of office this 5th day of September 2023. -&�.9V &Verz LeAnn M. Even, Deputy City Cler SEAL INAr