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HomeMy WebLinkAbout2011-486-06/06/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA, 50703. RESOLUTION NO. 2011-486 RESOLUTION APPROVING ACCEPTING THE AWARD OF CONTRACT FOR THE THIRD ROUND OF NEIGHBORHOOD STABILIZATION PROGRAM (NSP3) FUNDS WITH THE IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT AND DIRECTING EXECUTION OF SAID AWARD BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Third Round of Neighborhood Stabilization Program (NSP3) Funds, in an amount not to exceed $904,000.00, to redevelop the 900-1000 blocks of Lafayette Street in the Rath Brownfields neighborhood, by and between the Iowa Department of Economic Development and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 6th day of June, 2011. E nest G. Clark, Mayor ATTEST: s uzy S a es, CMC City Cler