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HomeMy WebLinkAbout2010-373-5 /17/2010RESOLUTION NO. 2010-373 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH CJE PROPERTIES AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated May 17, 2010, to acquire and move six homes as part of the Highway 63 Expansion Project generally located at 1707 Logan Avenue, 1711 Logan Avenue, 1745 Logan Avenue, 1302 Logan Avenue, 1353 Logan Avenue and 1252 Logan Avenue, and for the sale and conveyance of seven city -owned lots for the placement of the six homes at 528 N. Barkley Street, 701 Cottage Street, 700 Cottage Street, 300 Cottage Street, 738 Mobile Street, 1203 Beech Street and 807 Beech Street for $1.00 each for a total of $6.00, by and between CJE Properties of Iowa City, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 17th day of May, 2010. nest G. Clark, Mayor ATTEST: Suzy-bSdhares, CMC City Clerk