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HomeMy WebLinkAbout2014-380-05/12/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-380 RESOLUTION APPROVING SECOND AMENDMENT TO DEVELOPMENT AGREEMENT WITH TOURNIER MANUFACTURING, INC. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AMENDMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Second Amendment to Development Agreement dated May 12, 2014, altering the rebate schedule to reflect a minimum value of $400,000.00 for years one, two, and three for the building located at 2710 Wagner Road, by and between Tournier Manufacturing, Inc. 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 12th day of May, 2014. Ernest ./1r Mayor ATTEST: Suzy Scares, CMC City Clerk uN1111u11111in111muu1111111111e11110 Doc ID. 007653790001 Type GEN Recorded: 06/14/2017 at 02:09:23 PM Fee Amt: $7.00 Page 1 of 1 Black Hawk County Iowa SANDIE L. SMITH RECORDER Fi1e2017-0002 1965 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 15 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-380 RESOLUTION APPROVING SECOND AMENDMENT TO DEVELOPMENT AGREEMENT WITH TOURNIER MANUFACTURING, INC. OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AMENDMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Second Amendment to Development Agreement dated May 12, 2014, altering the rebate schedule to reflect a minimum value of $400,000.00 for years one, two, and three for the building located at 2710 Wagner Road, by and between Tournier Manufacturing, Inc. 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 12th day of May, 2014. ATTEST: Suzy Scha es, CMC City Cler 4.61^-er 7 E nest G. Clark, Mayor C-7 )