HomeMy WebLinkAbout2011-205-03/21/2011RESOLUTION NO. 2011-205
RESOLUTION APPROVING FIRST AMENDMENT TO
DEVELOPMENT AGREEMENT WITH BLACK HAWK
CONTRACTING & DEVELOPMENT, INC. AND DIRECTING
EXECUTION OF SAID AGREEMENT BY MAYOR.
BE IT RESOLVED P
that the First Amenc
dated February 7, 201
from May 31, 2011 tc
requirement to read
$150,000.00" for the
on the half -block of
eastern side of East
to Sycamore Street,
Development, Inc. of
Iowa, be and the samE
Clerk authorized to
Waterloo, Iowa.
Y THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
ment to the original Development Agreement
1, extending the substantial completion date
i July 31, 2011 and changing the valuation
;he new houses "shall have a value of up to
construction of five new single-family homes
land conveyed by the City of Waterloo on the
8th Street, spanning from Lafayette Street
by and between Black Hawk Contracting &
Waterloo, Iowa and the City of Waterloo,
is hereby approved, and the Mayor and City
execute the same in behalf of the City of
PASSED AND ADOPTED this 21St day of March, 2011.
Ernest G. Clark, Mayor
ATTEST:
uzy Schaes, CMC
City Cler