HomeMy WebLinkAbout2013-1013-12/02/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-1013
RESOLUTION APPROVING MEMORANDUM OF AGREEMENT
REGARDING PRORATING OF REAL ESTATE TAXES WITH
L & H FARMS, LTD. AND DIRECTING EXECUTION OF
SAID MEMORANDUM OF AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Memorandum of Agreement Regarding Prorating of Real
Estate Taxes dated December 2, 2013, to confirm the parties'
agreement regarding the manner in which real estate taxes will be
prorated in conjunction with the Exchange Agreement for the sale
and purchase of the real estate, by and between L & H Farms, Ltd.
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 2nd day of December, 2013.
,L,e ;�Pee�a '/
rnest G. Clark, Mayor
ATTEST:
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Suzy Sch res, CMC
City Cle k