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HomeMy WebLinkAbout2011-076-02/07/2011RESOLUTION NO. 2011-76 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH BLACK HAWK CONTRACTING AND DEVELOPMENT CO. 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 February 7, 2011, for the sale and conveyance of city -owned property generally located on East 8th Street from Lafayette to Sycamore Streets, for the construction of five (5) new single-family homes, by and between Black Hawk Contracting and Development Co. of Waterloo, 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 7th day of February, 2011. Ernest G. Clark, Mayor ATTEST: Suzy Scha les, CMC City Clerk