HomeMy WebLinkAbout2013-159-02/28/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-159
RESOLUTION APPROVING APPLICATION WITH IOWA
ECONOMIC DEVELOPMENT AUTHORITY FOR FUNDS FOR
SHERMAN ASSOCIATES IN THE AMOUNT OF
$3,000,000.00, IN CONJUNCTION WITH MULTI-
FAMILY (RENTAL) UNIT PRODUCTION - NEW
CONSTRUCTION PROGRAM - ROUND 5, AND DIRECTING
EXECUTION OF SAID APPLICATION BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Application dated February 28, 2013 for Iowa Economic
Development Authority funds for Sherman Associates in the amount
of $3,000,000.00, in conjunction with Multi -Family (Rental) Unit
Production - New Construction Program - Round 5, by and between
Iowa Economic Development Authority and the City of Waterloo,
Iowa, be and the same is hereby approved, and the Mayor
authorized to execute the same in behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this 28th day of February, 2013.
l y
rinest G. Clark, Mayor
ATTEST:
_9uzy Sc}�ares, -CMC
City Clerk