HomeMy WebLinkAbout2015-494-06/22/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2015-494
RESOLUTION FIXING THE TIME AND PLACE OF HEARING
AND NOTICE TO BE GIVEN AS JUNE 29, 2015 TO APPROVE
A REQUEST TO SELL AND CONVEY FOR $1 . 00, PLUS
COSTS, A PORTION OF CITY-OWNED PROPERTY COMMONLY
KNOWN AS THE FORMER GRAND HOTEL SITE, AT THE
INTERSECTION OF WEST MULLAN AVENUE AND JEFFERSON
STREET, TO GRAND INVESTMENTS, LLC IN ACCORDANCE
WITH THE MASTER DEVELOPMENT AGREEMENT AND
SUPPLEMENTAL DEVELOPMENT AGREEMENT WITH GRAND
INVESTMENTS, LLC.
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 at the City Hall Council Chambers in the City of
Waterloo, Iowa at 5 : 30 p.m. on the 29th day of June 2015 for the
purpose of holding a public hearing regarding the sale and
conveyance of a portion of City-owned property commonly known as
the former Grand Hotel Site, at the intersection of West Mullan
Avenue and Jefferson Street, to Grand Investments, LLC in
accordance with the Master Development Agreement and Supplemental
Development Agreement with Grand Investments, LLC, for one dollar
plus costs, legally described as follows :
PARCEL "B" IN PART OF LOT NO. 30 IN "AUDITOR' S FALLS
AVENUE AND MULLEN AVENUE PLAT" IN THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA, AS APPEARS IN THE PLAT OF
SURVEY RECORDED IN BOOK 327, PAGE 412 IN THE OFFICE OF
THE RECORDER, BLACK HAWK COUNTY, IOWA, EXCEPT THE
SOUTHEASTERLY 137 . 00' OF SAID PARCEL "B", ADJACENT TO
WEST MULLAN AVENUE, all in the City of Waterloo, Black
Hawk County, 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 22nd day of June 2015 .
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. Clark, Mayor
ATTEST:
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