HomeMy WebLinkAbout2011-602-6 /27/2011RESOLUTION NO. 2011-602
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH CAMPBELL BROTHERS ENTERPRISES L.L.C. 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 June 27, 2011, for sale and
conveyance of city -owned property generally located at 318 West
12th Street for $1.00, plus costs, by and between Campbell
Brothers Enterprises L.L.C. 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 27th day of June, 2011.
rnest G. Clark, Mayor
ATTEST:
Suzy SthAres, CMC
City Clerk