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HomeMy WebLinkAbout2016-592-7/25/2016 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2016-592 RESOLUTION APPROVING AN AGREEMENT WITH THE IOWA DOT FOR THE TRANSFER OF IA HIGHWAY 934 (UNIVERSITY AVENUE) TO THE CITY IN ITS PRESENT CONDITION FOR $28,000,000.00. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the agreement dated July 25, 2016, between the Iowa DOT and the City of Waterloo, Iowa, for the transfer of IA Highway 934 (University Avenue) to the City in its present condition for $28,000,000.00, is hereby approved and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 25th day of July, 2016. Quentin Hart, Mayor ATTEST: Suzy Schs, CMC City Clerk