HomeMy WebLinkAbout2017-460-6/19/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA, 50703, (319) 291-4323.
RESOLUTION NO. 2017-460
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
JULY 10, 2017 TO APPROVE A LEASE AGREEMENT WITH
CEDAR VALLEY 4 RENT, LLC FOR PROPERTY LOCATED
SOUTH OF 509 RIVERSIDE DRIVE FOR $1.00 FOR A TERM
ENDING DECEMBER 31, 2027.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS
FOLLOWS:
Section 1. That the Council of the City of Waterloo, Iowa shall meet in Harold E. Getty
Council Chambers at City Hall, Waterloo, Iowa at 5:30 p.m. on the 10th day of July, 2017 for the
purpose of considering and acting upon a proposed Lease Agreement with Cedar Valley 4 Rent,
LLC for lease of property located south of 509 Riverside Drive in the amount of$1.00, for a term
ending December 31, 2027, and legally described as follows:
LOT 4 IN BLOCK 4 IN DIVISION "A" AND A TRACT OF LAND ADJOINING SAID
LOT 4 DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWESTERLY
CORNER OF SAID LOT 4; THENCE SOUTHERLY ALONG THE WEST LINE OF
SAID LOT 4 TO THE SOUTHWESTERLY CORNER OF SAID LOT 4; THENCE
WEST ON A CONTINUATION OF THE SOUTH LINE OF SAID LOT 4 TO THE
BOUNDARY LINE ALONG THE NORTHEASTERLY BANK OF THE CEDAR RIVER
ESTABLISHED BY THE BOUNDARY COMMISSION APPOINTED BY THE
DISTRICT COURT OF BLACK HAWK COUNTY, IOWA; THENCE
NORTHWESTERLY ALONG SAID BOUNDARY LINE TO A POINT WHERE THE
NORTH LINE OF SAID LOT 4, IF EXTENDED IN A WESTERLY DIRECTION,
WOULD INTERSECT SAID BOUNDARY LINE; THENCE EAST TO THE PLACE OF
BEGINNING; AND THAT PART OF VACATED RIEHL STREET LOCATED WEST
OF THE WESTERLY LINE OF VACATED RIVERSIDE DRIVE; ALL IN CEDAR
RIVER PARK IN THE CITY OF WATERLOO,IOWA.
Section 2. That the City Clerk is hereby directed to publish notice of the time and place
of said hearing in the Waterloo Courier.
PASSED AND ADOPTED this 19th day of June 2017.
Quentin Hart, Mayor
ATTEST:
elley Felce
City Clerk