HomeMy WebLinkAbout2017-768-9/18/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA, 50703, (319) 291-4323.
RESOLUTION NO. 2017-768
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
OCTOBER 2, 2017 TO APPROVE A LEASE AGREEMENT
WITH BMC AGGREGATES, L.C. FOR PROPERTY LOCATED
SOUTH OF 2465 WAGNER ROAD FOR EXTRACTION OF
SAND AND GRAVEL WITH 3% ROYALTY PAYMENTS OF
MATERIALS SOLD WITH A MINIMUM ANNUAL PAYMENT
OF $5,000 FOR A TERM ENDING DECEMBER 31, 2028,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 the Harold E.
Getty Council Chambers at City Hall, Waterloo, Iowa at 5:30 p.m. on the 2nd day of October,
2017 for the purpose of considering and acting upon a proposed Lease Agreement with BMC
Aggregates, L.C. for property located south of 2465 Wagner Road for extraction of sand and
gravel with 3%royalty payments of materials sold with a minimum annual payment of$5,000 for
a term ending December 31, 2028, and legally described as follows:
PARCEL OF LAND IN PART OF SE SW & NE SW DESC AS FOL: BEG AT S 1/4
COR SAID SEC 9 TH N 2313.6 FT ALONG E LINE SW 1/4 SAID SEC 9 TH S 08
DEG 20 MIN W 2340.5 FT TH E 406.3 FT ALONG S LINE SW 1/4 SAID SEC 9 TO
PT OF BEG SEC 9 T 89 R 13
THE NORTHERLY ONE-THIRD OF SE SE SEC 9 T 89 R 13 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 18th day of September 2017.
Quentin Hart, Mayor
ATTEST'.
belley Felle
City Clerk