HomeMy WebLinkAbout2014-427-06/02/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-427
RESOLUTION APPROVING
WITH ELIZABETHBLAKE,
IOWA AND DIRECTING
AGREEMENT BY MAYOR.
DEVELOPMENT AGREEMENT
L.L.C. OF BUCKINGHAM,
EXECUTION OF SAID
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated June 2, 2014, for the
construction of a 7,500 square foot industrial building at 2005
Westfield Avenue, adding $220,000.00 of taxable value to the
site, and offering a grant up to $40,000.00 for sanitary sewer
line relocation, by and between ElizabethBlake, L.L.0 of
Buckingham, 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 2nd day of June, 2014.
Ernest G. Clark, Mayor
ATTEST:
uzy Schres, CMC
City Cle k