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HomeMy WebLinkAbout2015-551-7/13/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2015-551 RESOLUTION APPROVING A ONE YEAR FARM LEASE AGREEMENT WITH WILLARD FROST TO FARM APPROXIMATELY 13 . 8 ACRES OF LAND GENERALLY LOCATED BETWEEN MARTIN LUTHER KING JR. DRIVE AND NEWELL STREET AT $92 . 00 PER ACRE FOR A TOTAL YEARLY PAYMENT OF $1, 278 . 80, AND AUTHORIZE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT . BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the farm lease dated July 13, 2015, between Willard Frost and City of Waterloo, Iowa, to farm approximately 13 . 8 acres of land generally located between Martin Luther King Jr. Drive and Newell Street at $92 . 00 per acre for a total yearly payment of $1, 278 . 80, is hereby approved and the Mayor and City Clerk are authorized and directed to execute said lease on behalf of the City of Waterloo. PASSED AND ADOPTED this 13th day of July 2015 . Ernest G. Clark, Mayor ATTEST: SuzySch re , CMC City Clerk