HomeMy WebLinkAbout2016-774-9/26/2016 (2) Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2016-774
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH DEER CREEK FOR INFRASTRUCTURE
REIMBURSEMENT FOR DEER CREEK DEVELOPMENT
AREA NEAR FORMER GREYHOUND PARK SITE,
ESTIMATED AT $1.8 MILLION, AND AUTHORIZE MAYOR
AND CITY CLERK TO SIGN AND FULLY EXECUTE ALL
NECESSARY DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated September 26, 2016, between Deer Creek and the City of
Waterloo, Iowa for infrastructure reimbursement for Deer Creek Development area near former
Greyhound Park site, estimated at $1.8 million, is hereby approved, and the Mayor and City
Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 26th day of September,2016.
Quentin Hart, Mayor
ATTEST:
Suzy Sch es, CMC
City Clerk