HomeMy WebLinkAbout2013-484-06/10/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-484
RESOLUTION APPROVING ASSIGNMENT OF REBATES
UNDER PRIOR DEVELOPMENT AGREEMENT WITH CARMEN
J. DUNPHY FOR PROPERTY LOCATED AT 25
WESTFIELD AVENUE, NO. 4.
WHEREAS, Carmen J. Dunphy entered into a Development
Agreement with the City of Waterloo, Iowa for the development of
property located at 25 Westfield Avenue, No. 4, and
WHEREAS, the developer was given tax rebates for the added
value of the project, and
WHEREAS, the property has been sold and the Development
Agreement states that assignment of tax rebates is eligible and
that the Assignment of Rebates will allow the new owner, Nancy
Staack Muir, to receive the tax rebates.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the Assignment of Rebates for property
located at 25 Westfield Avenue, No. 4, be and the same is hereby
approved.
PASSED AND ADOPTED this 10th day of June, 2013.
Y'��4
Ernest G. Clark, Mayor
ATTEST:
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Suzy Sch s, CMC
City Cle k