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HomeMy WebLinkAbout2011-105-2 /14/2011RESOLUTION NO. 2011-105 RESOLUTION APPROVING CONTRACT AND PROMISSORY NOTE 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 Contract and Promissory Note dated February 14, 2011, for the Disaster Recovery Business Rental Assistance Program with the following business: CU and The Cellar, LLC, 320 East 4th Street $19,497.30 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 14th day of February, 2011. Ernest G. Clark, Mayor ATTEST: Suzy Scha es, MC City Clerk