HomeMy WebLinkAbout2013-859-10/21/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-859
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH COURT SQUARE BUILDING CO. OF WATERLOO,
IOWA AND DIRECTING EXECUTION OF SAID
AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated October 21, 2013, for the
redevelopment of 620 Lafayette Street (Beecher Law Firm) for the
expansion near the Main Street parking lot infill, creating a new
minimum value for the building of $430,420.00, and tax rebates
for 5 years at 100 percent, by and between Court Square Building
Co. of Waterloo, Iowa and the City of Waterloo, Iowa, be and the
same is hereby approved, and the Mayor and City Clerk authorized
to execute the same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this
ATTEST:
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Suzy S ha es, CMC
City Clerk
21St day of October, 2013.
Er est G. Clark, Mayor