Loading...
HomeMy WebLinkAbout2026-250-05.04.2026.doc (RECORDED) Docusign Envelope ID:5967226C-E115-8BFB-81D2-95B50BB1E978 I 2026-08539 RECORDED:06/09/2026 03:33:05 PM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA D('4e itc0 repa�ed by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-250 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH MEE MEH AND BOREH SHINE, FOR THE CONSTRUCTION OF ONE SINGLE-FAMILY HOME, ON AN INFILL LOT LOCATED AT 702 W. 4TH STREET, INCLUDING AN INFILL GRANT OF $7,500.00 UPON SUBSTANTIAL COMPLETION, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, Mee Meh and Boreh Shine propose to construct one single-family home on an infill lot located at 702 W. 4th Street, Waterloo, Iowa, and WHEREAS, the City of Waterloo desires to encourage residential infill development and has determined that it is in the best interests of the City to enter into a Development Agreement for said project, and WHEREAS, said Development Agreement includes provision for an infill grant in the amount of $7,500.00 payable upon substantial completion of the home in accordance with the terms of the agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Development Agreement with Mee Meh and Boreh Shine for the construction of one single-family home on an infill lot located at 702 W. 4th Street, Waterloo, Iowa, including an infill grant of$7,500.00 upon substantial completion, is hereby approved. 2. 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 4`l' day of May 2026. , Signed by: Pawl, bot,suA, `-3y3 8 /tl3U3421 . David toesen, Mayor ATTEST: ,-Signed by: 1411 ftleat Ket)Fey` eraife, City Clerk SEAL WA. 0 u !"r*+rar rr 0 it I 7B t11.1111 1101" • Docusign Envelope ID: 5967226C-E115-8BFB-81 D2-95B50BB1 E978 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-250 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH MEE MEH AND BOREH SHINE, FOR THE CONSTRUCTION OF ONE SINGLE-FAMILY HOME, ON AN INFILL LOT LOCATED AT 702 W. 4TH STREET, INCLUDING AN INFILL GRANT OF $7,500.00 UPON SUBSTANTIAL COMPLETION, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, Mee Meh and Boreh Shine propose to construct one single-family home on an infill lot located at 702 W. 4th Street, Waterloo, Iowa, and WHEREAS, the City of Waterloo desires to encourage residential infill development and has determined that it is in the best interests of the City to enter into a Development Agreement for said project, and WHEREAS, said Development Agreement includes provision for an infill grant in the amount of $7,500.00 payable upon substantial completion of the home in accordance with the terms of the agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Development Agreement with Mee Meh and Boreh Shine for the construction of one single-family home on an infill lot located at 702 W. 4th Street, Waterloo, Iowa, including an infill grant of $7,500.00 upon substantial completion, is hereby approved. 2. 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 4`" day of May 2026. ATTEST: [Signed by: tt\ltiblv j°jOGSUA, 3b3 8" /k331YJ411... Davi oesen, Mayor CSigned by: leility. ffictle FF60Br F}iC:b44kb... Kelley r elcnle, City Clerk SEAL 0