HomeMy WebLinkAbout2025-327-06.02.2025.doc (RECORDED) Docusign Envelope ID:F820E014-BAB8-4D39-8EF1-5AFD754AD52C 2025-09977
RECORDED:07/14/2025 11:01:55 AM
RECORDING FEE:$7.00
REVENUE TAX:$
COMBINED FEE:$7.00
SANDIE L.SMITH,RECORDER
BLACK HAWK COUNTY,IOWA
.*' Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-327
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH E & C INVESTMENTS, LLC (CESAR E.
BARRIOS-GARCIA), FOR THE CONSTRUCTION OF A
SINGLE-FAMILY HOME, LOCATED AT 1131 BERTCH
AVENUE, WITH A TOTAL OF $5,000.00 INFILL HOUSING
GRANT AND PURCHASE PRICE REFUND OF $5,000.00,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
WHEREAS the City of Waterloo seeks to encourage the development of infill housing to
enhance neighborhood vitality and increase affordable housing options; and
WHEREAS, E & C Investments, LLC, represented by Cesar E. Barrios-Garcia, intends to
construct a single-family home at 1131 Bertch Avenue, contributing to these objectives; and
WHEREAS, the City proposes to enter into a Development Agreement that includes a
total of$5,000.00 in an Infill Housing Grant, as well as a purchase price refund of$5,000.00 to
incentivize this development;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. The Development Agreement with E & C Investments, LLC (Cesar E. Barrios-
Garcia), which outlines the terms for the construction of a single-family home at 1131 Bertch
Avenue and includes a$5,000.00 Infill Housing Grant and a $5,000.00 purchase price refund, is
hereby approved.
2. This project supports the City's goals of promoting infill development, utilizing
existing infrastructure, and enhancing the community's housing stock.
3. The Mayor and City Clerk are hereby authorized and directed to execute said
documents on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 2"d day of June 2025.
,-DocuSigned by:
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Quentin Hart mayor
ATTEST:
Signed by:
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LeAnn M. Even, Deputy City Clerk
SEAL
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Docusign Envelope ID: F820E014-BAB8-4D39-8EF1-5AFD754AD52C
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-327
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH E & C INVESTMENTS, LLC (CESAR E.
BARRIOS-GARCIA), FOR THE CONSTRUCTION OF A
SINGLE-FAMILY HOME, LOCATED AT 1131 BERTCH
AVENUE, WITH A TOTAL OF $5,000.00 INFILL HOUSING
GRANT AND PURCHASE PRICE REFUND OF $5,000.00,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
WHEREAS the City of Waterloo seeks to encourage the development of infill housing to
enhance neighborhood vitality and increase affordable housing options; and
WHEREAS, E & C Investments, LLC, represented by Cesar E. Barrios -Garcia, intends to
construct a single-family home at 1131 Bertch Avenue, contributing to these objectives; and
WHEREAS, the City proposes to enter into a Development Agreement that includes a
total of $5,000.00 in an Infill Housing Grant, as well as a purchase price refund of $5,000.00 to
incentivize this development;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. The Development Agreement with E & C Investments, LLC (Cesar E. Barrios -
Garcia), which outlines the terms for the construction of a single-family home at 1131 Bertch
Avenue and includes a $5,000.00 Infill Housing Grant and a $5,000.00 purchase price refund, is
hereby approved.
2. This project supports the City's goals of promoting infill development, utilizing
existing infrastructure, and enhancing the community's housing stock.
3. The Mayor and City Clerk are hereby authorized and directed to execute said
documents on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 2 d day of June 2025.
DocuSigned by: L
a
tt,tAliv,
Quentiin�yor
ATTEST:
Signed by:
7561 D3A01 C80404...
LeAnn M. Even, Deputy City Clerk
SEAL