HomeMy WebLinkAbout1988-470-08.15.1988 h t7 n o
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n 0 RESOLUTION NO. 1988-470
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`H LHL71 - RESOLUTION AUTHORIZING SUBMISSION OF AN APPLICATION TO
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a o s IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT ( IDED) FOR
n COMMUNITY ECONOMIC BETTERMENT ACCOUNT ( CEBA) FUNDING FOR
o EXPANSION OF CEDAR METAL WORKS, CORP.
WHEREAS, Cedar Metal Works, Corp. is an existing Waterloo
industry, and
WHEREAS, Cedar Metal Works, Corp.
-�, is considering an expansion
of its operations; and
WHEREAS, funding assistance is available to cities through
the Iowa Department of Economic Development' s Community Economic
Betterment Account to provide financial assistance to expanding
industries; and
WHEREAS, the City of Waterloo desires to provide assistance
to the company to facilitate the creation of jobs.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the Mayor be directed and authorized
to submit an application for Community Economic Betterment Account
funds to the Iowa Department of Economic Development to assist the
project.
PASSED AND ADOPTED this 15th day of August, 1988 .
'Bern ra d L. 1 Kinley, May
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ATTEST:
/ / ,/ I
Michelle Temeyer, Deputy Clerk/Auditor
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