This Contract is by and between the City of Waterloo (hereinafter referred to as the Contractor) and the Iowa Department of Natural Resources (hereinafter referred to as the Department) for the purpose of assisting in cost-share reimbursement for activities to conduct the proper removal and disposal of noted, regulated asbestos containing material (ACM) from the building at the project area, hereinafter referred to as the Project.    The Project Area is, at a minimum, defined as land parcels and related structures located at 120 Center St., formerly known as Cleveland Welding Supply, within the corporate limits of the City of Waterlo, Black Hawk County, Iowa.  It is the intent of the Contractor to remove the referenced ACM, and then prepare the building and site for economic redevelopment.  The ACM at the project site presents a potential environmental and public health hazard. 

The City of Waterloo has approved a contract with Abatement Specialties, LLC, of Cedar Rapids, Iowa to conduct asbestos abatement at a vacant and abandoned former welding supply company located at 120 Center Street in the amount of $11,290.00.

The Iowa Department of Natural Resources (IDNR) has approved the City of Waterloo for reimbursement of the cost to abate the asbestos from the property, up to $6,290.00.