HomeMy WebLinkAbout2014-492-06/16/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-492
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH ELIZABETHBLAKE, LLC OF BUCKINGHAM, 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 June 16, 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, LLC 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 16th day of June, 2014.
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rnest G. Clark, Mayor
ATTEST:
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uzy Scares, CMC
City Cl rk