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HomeMy WebLinkAbout2013-256-04/08/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-256 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH BLACK HAWK CONTRACTING AND DEVELOPMENT, INC. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Development Agreement dated April 8, 2013, for the sale and conveyance of a portion of city -owned property along Madison Street and Monroe Street at their intersections with Idaho Street for $1.00, plus costs, for the purpose of constructing up to six (6) single-family homes, by and between Black Hawk Contracting and Development, Inc. 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 8th day of April, 2013. Ernest G. Clark, Mayor ATTEST: Suzy Scha es, CMC City Clerk