HomeMy WebLinkAbout2024-158-03.18.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-158
RESOLUTION APPROVING THE TERMINATION OF A
DEVELOPMENT AND MINIMUM ASSESSMENT
AGREEMENT WITH GMJ2 INDUSTRIES, LLC, FOR
PROPERTY LOCATED SOUTH OF 2330 GT DRIVE,
ORIGINALLY APPROVED BY COUNCIL ON MAY 26, 2015,
FOR FAILURE TO COMPLETE THE PROJECT PER THE
TIMELINE PROVIDED FOR IN THE DEVELOPMENT
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 the Termination of a Development and Minimum Assessment Agreement with GMJ2
Industries, LLC, for property located south of 2330 GT Drive, originally approved by Council on
May 26, 2015, for failure to complete the project per the timeline provided for in the
Development Agreement, is hereby approved.
PASSED AND ADOPTED this 18th day of March 2024.
ATTEST:
Kelley Felcfile
Kelley Felchle, City Clerk
CERTIFICATE
Qtte/thrz 9 zrt
Quentin Hart, Mayor
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2024-158 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 18th day of March 2024.
Witness my hand and seal of office this 18th day of March 2024.
(elley Felchle
Kelley Felchle, City Clerk