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HomeMy WebLinkAbout2025-638-11.03.2025.doc (RECORDED)Docusign Envelope ID: 1AA01DEC-56A7-41BA-8480-C42A884085C3 ATTEST: Signed by: LKtat,tftieve. FFGOBCOFFBCG4AB... Kelley Felchle, City Clerk SEAL A. Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-638 RESOLUTION APPROVING AN AMENDMENT TO A DEVELOPMENT AGREEMENT, ORIGINALLY EXECUTED FEBRUARY 21, 2022, WITH IOWA HEARTLAND HABITAT FOR HUMANITY, TO EXTEND THE DEADLINE FOR THE COMPLETION OF ONE HOME IN THE DEVELOPMENT AGREEMENT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo, and Iowa Heartland Habitat for Humanity entered into a Development Agreement dated February 21, 2022, for the construction of single-family infill housing; and WHEREAS, Iowa Heartland Habitat for Humanity has requested an amendment to the Agreement to extend the deadline for the completion of one home located at 411 Wellington. WHEREAS, City staff has reviewed the request and recommends approval of an extension to accommodate project scheduling and ensure delivery of a code -compliant, owner - occupied residence consistent with the City's infill housing objectives; and WHEREAS, the proposed Amendment to the Development Agreement extends the completion deadline for the home located at 411 Wellington to October 16, 2025, with all other terms and conditions of the Agreement remaining in full force and effect. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Amendment to the Development Agreement with Iowa Heartland Habitat for Humanity, is hereby approved. The Amendment extends the completion deadline for the home located at 411 Wellington to October 16, 2025. 2. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 3rd day of November 2025. DocuSigned by: Quentin ri r ,$1Vlayor