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HomeMy WebLinkAbout2012-1193-12/27/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2012-1193 RESOLUTION APPROVING BUSINESS FINANCIAL ASSISTANCE APPLICATION WITH IOWA ECONOMIC DEVELOPMENT AUTHORITY AND DIRECTING EXECUTION OF SAID APPLICATION BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Business Financial Assistance Application dated December 27, 2012, for a 9,400 square foot expansion to Hydrite Chemical Company in the Airport TIF District, adding $300,000.00 of taxable value to the site, by and between the Iowa Economic Development Authority and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 27th day of December, 2012. V E est G. Clark, Mayor ATTEST: Suzy Sch res, CMC City Cle k