HomeMy WebLinkAbout2026-023-01.20.2026.doc(RECORDED) Docusign Envelope ID: 42EF59D5-C96A-4898-AECB-54020877F944 2026-01143
RECORDED: 01
/27/2026 10:53:28 AM
RECORDING FEE: $7.00
REVENUE TAX: $
COMBINED FEE: $7.00
SANDIE L. SMITH, RECORDER
BLACK HAWK COUNTY, IOWA
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-023
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AGREEMENT, ORIGINALLY EXECUTED
MAY 20, 2024, WITH IOWA HEARTLAND HABITAT FOR
HUMANITY, TO EXTEND THE DEADLINE FOR
COMPLETION OF 516 PINE STREET TO JANUARY 20, 2028,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
WHEREAS, the City of Waterloo, Iowa, entered into a Development Agreement with
Iowa Heartland Habitat for Humanity on May 20, 2024, for the construction of a project at 516
Pine Street; and
WHEREAS, an extension of the completion deadline is necessary to allow for successful
project execution.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1 . The Development and Minimum Assessment Agreement with ET Enterprises
Corporation is hereby approved for the rehabilitation project.
2. The amendment to the Development Agreement with Iowa Heartland Habitat for
Humanity is hereby approved, extending the completion deadline for 516 Pine Street to January
20, 2028.
3. 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 20th day of January 2026.
(—Signed by:
VOItd, f'ot,s ,ut
yaviu isoesen,Mayor
ATTEST:
(—Signed by:
K�IClt� ¢ul�; t
Kelley etc iie, City Clerk
SEAL
c WA ?
ir
I IiiIJIUIfsitimii I •
Docusign Envelope ID: 42EF59D5-C96A-4898-AECB-54020877F944
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-023
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AGREEMENT, ORIGINALLY EXECUTED
MAY 20, 2024, WITH IOWA HEARTLAND HABITAT FOR
HUMANITY, TO EXTEND THE DEADLINE FOR
COMPLETION OF 516 PINE STREET TO JANUARY 20, 2028,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
WHEREAS, the City of Waterloo, Iowa, entered into a Development Agreement with
Iowa Heartland Habitat for Humanity on May 20, 2024, for the construction of a project at 516
Pine Street; and
WHEREAS, an extension of the completion deadline is necessary to allow for successful
project execution.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Development and Minimum Assessment Agreement with ET Enterprises
Corporation is hereby approved for the rehabilitation project.
2. The amendment to the Development Agreement with Iowa Heartland Habitat for
Humanity is hereby approved, extending the completion deadline for 516 Pine Street to January
20, 2028.
3. 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 20th day of January 2026.
"—Signed by:
VAA-a t5OGSUA,
baviu tioe en,'Mayor
ATTEST:
Signed by: ,,// ee
FtUGN&
Kelley t e[ le, City Clerk
SEAL