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HomeMy WebLinkAbout2014-140-02/24/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-140 RESOLUTION APPROVING MEMORANDUM OF AGREEMENT REGARDING PRORATING OF REAL ESTATE TAXES WITH L & H FARMS, LTD. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID MEMORANDUM OF AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Memorandum of Agreement Regarding Prorating of Real Estate Taxes dated February 24, 2014, to prorate real estate taxes in conjunction with an Exchange Agreement, by and between L & H Farms, Ltd. 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 24th day of February, 2014. Ernest G. Clark, Mayor ATTEST: Suzy Scares, CMC City ClIrk