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HomeMy WebLinkAbout2014-118-02/17/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-118 RESOLUTION APPROVING DEVELOPMENT AGREEMENT WITH BLACK HAWK CONTRACTING AND DEVELOPMENT 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 February 17, 2014, for the sale and conveyance of a portion of city -owned property located along Lafayette Street near its intersection with East 3rd Street for $1.00, plus costs, for the construction of six (6) townhouse dwellings, by and between Black Hawk Contracting and Development 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 17th da of February, 2014. Ernest G. Clark, Mayor ATTEST: Suzy Sares, CMC City Clerk