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HomeMy WebLinkAbout2012-1184-12/17/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703. RESOLUTION NO. 2012-1184 RESOLUTION APPROVING AMENDMENT TO THE ORIGINAL DEVELOPMENT AGREEMENT WITH LAFORGE LLC AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Amendment to the original Development Agreement dated July 2009, to change the Minimum Assessment amount for the new 15,500 square foot building at the southeast corner of Airline Highway and Geraldine Road from $1,808,531.00 to $1,806,800.00, by and between LaForge LLC 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 17th day of December, 2012. Ernest G. Clark, Mayor ATTEST: Suzy Sch res, CMC City Cle k