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HomeMy WebLinkAbout2011-770-08/08/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703. RESOLUTION NO. 2011-770 RESOLUTION APPROVING CONTRACTS FOR THE AMENDED AND RESTATED DISASTER RECOVERY LOAN INTEREST SUPPLEMENT 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 dated August 8, 2011, for the Amended and Restated Disaster Recovery Loan Interest Supplement Program with the following businesses: River Plaza Athletic Club, 10 West 4th Street up to $57,610.00 Midtown Development, 501 Sycamore Street, Suite 710 up to $97,373.00 by and between the Iowa Department of Economic Development (CDBG Contract 408 -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 ATTEST: uzy Sch res, CMC City Clerk 8th day of August, 2011. Ernest G. Clark, Mayor