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HomeMy WebLinkAbout2010-340-5 /10/2010RESOLUTION NO. 2010-340 RESOLUTION APPROVING COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM CONTRACT AMENDMENT NUMBER 1 WITH THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT FOR IOWA NEIGHBORHOOD STABILIZATION PROGRAM FUNDS AND DIRECTING EXECUTION OF SAID CONTRACT AMENDMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Community Development Block Grant Program Contract Amendment Number 1 dated May 10, 2010, for Iowa Neighborhood Stabilization Program funds in the amount of $850,570.00, by revising performance targets with an effective date of March 29, 2010, by and between the Iowa Department of Economic Development and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 10th day of May, 2010. Ernest G. Clark, Mayor ATTEST: 4 11�� Suzy ares, CMC City Clerk