HomeMy WebLinkAbout2025-289-05.05.2025.docDocusign Envelope ID: AAE856AB-8EB1-4E58-ACBA-E40B5E80F720
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-289
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AGREEMENT WITH BALTIMORE FIELDS,
LLC, FOR A NEW RESIDENTIAL SUBDIVISION LOCATED
BETWEEN HAWTHORNE AVENUE AND EUREKA STREET,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
WHEREAS the City of Waterloo and Baltimore Fields, LLC, have an existing
Development Agreement to support the creation of a residential subdivision situated between
Hawthorne Avenue and Eureka Street; and
WHEREAS, an amendment to the Development Agreement is necessary to incorporate
changes in project specifications, timelines, or other critical elements to better serve the
development objectives and community needs; and
WHEREAS, the proposed amendment has been reviewed by the city's planning and
development officials and aligns with the city's comprehensive urban development strategies and
objectives;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. The proposed amendment to the Development Agreement with Baltimore Fields, LLC,
is hereby approved, reflecting updated terms essential for the advancement of the residential
subdivision development.
2. The Mayor and City Clerk are authorized and directed to execute said document on
behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of May 2025.
,---DocuSigned by:
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Quentin mart, Mayor
ATTEST:
DocuSigned by:
Ftizae
e y' ACM, City Clerk
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