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HomeMy WebLinkAbout2010-847-09/20/2010RESOLUTION NO. 2010-847 RESOLUTION APPROVING CONTRACT AND PROMISSORY NOTE FOR THE DISASTER RECOVERY FLOOD INSURANCE REIMBURSEMENT 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 Contract and Promissory Note dated September 20, 2010, for the Disaster Recovery Flood Insurance Reimbursement Program with the following business: Heartland Property Holdings, LLC, 2072 Howard Avenue $2,414.00 by and between the Iowa Department of Economic Development (CDBG Contract #08 -DRB -205) 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 20th day of September, 2010. E nest G. Clark, Mayor ATTEST: Suzy Scha es, CMC City Clerk