HomeMy WebLinkAbout2017-652-8/14/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA, 50703, (319) 291-4323.
RESOLUTION NO. 2017-652
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
AUGUST 28, 2017 TO APPROVE A BUSINESS PROPERTY
LEASE AGREEMENT WITH CRYSTAL DISTRIBUTION
SERVICES, INC. FOR PROPERTY LOCATED AT 70-90
SYCAMORE STREET FOR $1 ANNUALLY UNTIL
DECEMBER 31, 2022, AND INSTRUCT CITY CLERK TO
PUBLISH NOTICE.
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 28th day of August, 2017 for
the purpose of considering and acting upon a proposed Lease Agreement with Crystal
Distribution Services, Inc. for lease of property located at 70-90 Sycamore Street in the amount
of$1.00, for a term ending December 31, 2022, and legally described as follows:
VIRDENS ADD WATERLOO PART OF LOTS 1 & 2 BLK 1 ALSO PART OF
BLK 1 MILL LOT DES AS FOL: BEG AT A PT ON NELY LINE LOT 1
VIRDENS ADD THAT IS 126' NWLY OF MOST ELY COR SAID LOT TH
SWLY TO A PT ON SWLY LINE LOT 2 VIRDENS ADD THAT IS 126'
NWLY OF MOST SLY COR LOT 2 TH NWLY ALONG SWLY LINE SAID
LOT 2 &EXTENSION THEREOF A DIST OF 167.25' TH NELY 4.27TO A PT
115.73' FROM SWLY LINE SYCAMORE ST TH NWLY 9.04' TO A PT THAT
IS 8.5' PERPENDICULARLY DIST NELY FROM CENTER LINE ILLINOIS
CENTRAL RR TH NWLY ALONG A LINE THAT IS PAR & 8.5'
PERPENDICULARLY DIST NELY FROM CENTER LINE OF SAID TRACK
A DIST OF 166.76TH NELY ALONG A LINE THAT IS PAR WITH NWLY
LINE OF LOT 1 &2 A DIST OF 147TH NWLY IN A STRAIGHT LINE A
DIST OF 63.8' TO A PT THAT IS 38.5' SWLY OF THE SWLY LINE OF
SYCAMORE ST TH NELY ALONG A LINE THAT IS PERPEN- DICULAR
TO SWLY LINE SYCAMORE ST A DIST OF 38.5' TH SELY ALONG SWLY
LINE OF SYCAMORE ST TO THE PT OF BEG
also
VIRDENS ADD WLOO SELY 126 FT LOTS 1 & 2 BLK 1, 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 14th day of August 2017.
Quentin Hart, Mayor
` ATTESTS
'lam
Kelley Fele
City Clerk