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HomeMy WebLinkAbout2026-277-05.18.2026.doc (RECORDED) Docusign Envelope ID: 4E141 DC0-92E1-8004-81 E8-088ECDB35EBC 2026-08543 RECORDED: 06/09/2026 03:33:09 PM RECORDING FEE: $7.00 REVENUE TAX: $ COMBINED FEE: $7.00 SANDIE L. SMITH, RECORDER BLACK HAWK COUNTY, IOWA .:1; ,-,.� i 0 t( o Prep red by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291 -4323. RESOLUTION NO. 2026-277 RESOLUTION APPROVING AN AMENDMENT TO DEVELOPMENT AGREEMENT WITH CEDAR RIVER RENAISSANCE LLC, DATED AUGUST 5, 2024, TO AMEND THE TIMELINE OF THE PROJECT FOR 203 AND 207 LAFAYETTE STREET AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the Cityof Waterloo, Iowa, entered into a Development Agreement p g Bement with Cedar River Renaissance LLC dated August 5, 2024, regarding the project located at 203 and 207 Lafayette Street, Waterloo, Iowa; and WHEREAS, Cedar River Renaissance LLC has requested an amendment to said Development Agreement to revise the project timeline; and WHEREAS, the City Council finds that approval of an amendment to the Development 1 Agreement is in the best interests of the City and will facilitate completion of the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1 . The Amendment to Development Agreement with Cedar River Renaissance LLC, dated August 5, 2024, amending the timeline of the project for 203 and 207 Lafayette Street, is hereby approved. 2. The Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 1811' day of May 2026. "-Signed by: 156t,Sc u, • 303E83O7B3D3421... David Boesen, Mayor ATTEST: "—Signed by: Ftldte •i —F F808COFFBC84AB... Kelley Felchle, City Clerk SEAL WA ? 441, Ligm" OP#14A iirjat F 1'•1■J1111 11111 1 i11.. • 450 Docusign Envelope ID: 4E141 DC0-92E1-8004-81 E8-088ECDB35EBC Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-277 RESOLUTION APPROVING AN AMENDMENT TO DEVELOPMENT AGREEMENT WITH CEDAR RIVER RENAISSANCE LLC, DATED AUGUST 5, 2024, TO AMEND THE TIMELINE OF THE PROJECT FOR 203 AND 207 LAFAYETTE STREET AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo, Iowa, entered into a Development Agreement with Cedar River Renaissance LLC dated August 5, 2024, regarding the project located at 203 and 207 Lafayette Street, Waterloo, Iowa; and WHEREAS, Cedar River Renaissance LLC has requested an amendment to said Development Agreement to revise the project timeline; and WHEREAS, the City Council finds that approval of an amendment to the Development Agreement is in the best interests of the City and will facilitate completion of the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Amendment to Development Agreement with Cedar River Renaissance LLC, dated August 5, 2024, amending the timeline of the project for 203 and 207 Lafayette Street, is hereby approved. 2. The Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 18th day of May 2026. ATTEST: Signed by: Kali fetelle FF60BGOFFBG64AB... Kelley Felchle, City Clerk SEAL 0 FSigned by: Rw-441, bet,SU&, 393 C8307 B3D3421... David Boesen, Mayor