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HomeMy WebLinkAbout2026-086-03.02.2026.doc (RECORDED) Docusign Envelope ID:64337050-5C29-4744-A60B-7C4FE414B39A 2026-04208 RECORDED:03/31/2026 02:03:39 PM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA rck tUr r tc\O Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-086 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE CONSTRUCTION OF ONE SINGLE- FAMILY HOME LOCATED AT 718 W. 2ND STREET, WITH A $7,500.00 INFILL HOUSING GRANT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS Iowa Heartland Habitat for Humanity has presented a proposal for the construction of a single-family home, located at 718 W. 2nd Street, for infill housing development; and WHEREAS, the Development Agreement outlines the conditions, responsibilities, and obligations of both the City and Iowa Heartland Habitat for Humanity, with a grant of$7,500.00 for infill housing development for the construction of one new residential unit; and WHEREAS, it is in the City's best interest to enter into this Development Agreement to facilitate the growth and expansion of residential properties within the city of Waterloo. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Development Agreement with Iowa Heartland Habitat for Humanity for the construction of a single-family home at 718 W. 2nd Street is hereby approved. 2. A $7,500.00 infill housing incentive grant will be provided to Iowa Heartland Habitat for Humanity. 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 2nd day of March 2026. ,—Signed by: f?ot,St,in, Di ' eATTEST: avdBoe n, ayor "--Signed by: rd& fricat Kell yefc9FleB ityBClerk SEAL a c u „afire. o • 11111.1IhI1i$11I$II11 • 4.5` .dt'`� / Docusign Envelope ID: 64337050-5C29-4744-A60B-7C4FE414B39A Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-086 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE CONSTRUCTION OF ONE SINGLE- FAMILY HOME LOCATED AT 718 W. 2ND STREET, WITH A $7,500.00 INFILL HOUSING GRANT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS Iowa Heartland Habitat for Humanity has presented a proposal for the construction of a single-family home, located at 718 W. 2nd Street, for infill housing development; and WHEREAS, the Development Agreement outlines the conditions, responsibilities, and obligations of both the City and Iowa Heartland Habitat for Humanity, with a grant of $7,500.00 for infill housing development for the construction of one new residential unit; and WHEREAS, it is in the City's best interest to enter into this Development Agreement to facilitate the growth and expansion of residential properties within the city of Waterloo. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Development Agreement with Iowa Heartland Habitat for Humanity for the construction of a single-family home at 718 W. 2nd Street is hereby approved. 2. A $7,500.00 infill housing incentive grant will be provided to Iowa Heartland Habitat for Humanity. 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 2nd day of March 2026. ,—Signed by: ATTEST: Signed by: Ket&e y FLLJJ&c Kelley 'e1c°lile, LitAy Clerk Otty �bc,St,A, David39-7B3U3 ' ... toesen,ayor