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HomeMy WebLinkAbout2010-347-5 /10/2010RESOLUTION NO. 2010-347 RESOLUTION APPROVING CONTRACTS AND PROMISSORY NOTES FOR THE DISASTER RECOVERY BUSINESS RENTAL ASSISTANCE PROGRAM WITH THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT AND DIRECTING EXECUTION OF SAID DOCUMENTS BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Contracts and Promissory Notes dated May 10, 2010, for the Disaster Recovery Business Rental Assistance Program with the following businesses: Disaster Recovery Business Rental Assistance Program Contract Europa Market, Inc. d.b.a. Espresso Cafe Oasis, 307 West 5th Street $15,000.00 Rummage Sale Heaven, LLC, 307 East 4th Street $ 7,200.00 The Twin Sports Group, Inc., 850 Park Road $ 7,500.00 Disaster Recovery Commercial Rental Revenue Gap Program Contract Europa Market, Inc., 301 West 5th Street $25,000.00 by and between the Iowa Department of Economic Development and the City of Waterloo, Iowa, be and the same are hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this ATTEST: �a E ��x % Suzy ares, CMC City Clerk 10th day of May, 2010. Ernest G. Clark, Mayor