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HomeMy WebLinkAbout2011-886-09/12/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703. RESOLUTION NO. 2011-886 RESOLUTION APPROVING RAIL SPUR AGREEMENT WITH SECOR INVESTMENTS, L.L.C. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Rail Spur Agreement dated September 12, 2011, for the construction cooperation, ownership and maintenance of the rail spur to be constructed on Secor Investments, L.L.C.'s property in conjunction with the F.Y. 2012 SECOR Railroad Spur, Contract No. 794, by and between Secor Investments, 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 12th day of September, 2011. E nest G. Clark, Mayor ATTEST: uzy Sc a es, CMC City Cler