HomeMy WebLinkAbout2018-325-5/14/2018 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-325
RESOLUTION APPROVING REAL ESTATE PURCHASE
AGREEMENT BETWEEN JOHN E. ROTTINGHAUS AND
DESSIE M. ROTTINGHAUS AND THE CITY OF WATERLOO,
IOWA, FOR THE ACQUISITION OF 19.08 ACRES
GENERALLY LOCATED NEAR ELK RUN ROAD NORTH OF
TANNERY DRIVE, IN THE AMOUNT OF $285,000, TO
ALLOW FOR INDUSTRIAL DEVELOPMENT, AND
AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE
SAID DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Real Estate Purchase Agreement dated May 14, 2018, between John E. Rottinghaus and
Dessie M. Rottinghaus and the City of Waterloo, Iowa, for the acquisition of 19.08 acres
generally located near Elk Run Road north of Tannery Drive in the amount of$285,000 to allow
for industrial development, is hereby approved, and the Mayor and City Clerk are authorized to
execute said document on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 14th day of May 2018.
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Quentin Hart, Mayor
ATTEST:
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Kelley Felle
City Clerk