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HomeMy WebLinkAbout2017-961-11/27/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-961 RESOLUTION SETTING A DATE OF PUBLIC HEARING AS DECEMBER 11, 2017 TO APPROVE THE SALE AND CONVEYANCE OF CITY OWNED PROPERTY LOCATED ADJACENT TO 1947 RAINBOW DRIVE, IN THE AMOUNT OF $1.00, TO LG COMPANIES, LLC INCLUDING A DEVELOPMENT AGREEMENT, AND INSTRUCT CITY CLERK TO PUBLISH SAID 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 11th day of December 2017, to approve the sale and conveyance of city owned property located adjacent to 1947 Rainbow Drive, in the amount of $1.00 per lot,to LG Companies, LLC, including a Development Agreement. 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 27th day of November 2017. Quentin Hart, Mayor ATTEST: x' 'Kelley Fel+e"' City Clerk