HomeMy WebLinkAbout2019-260-4/22/2019Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-260
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
MAY 6, 2019, TO AUTHORIZE THE SALE AND
CONVEYANCE OF PROPERTY LOCATED WEST OF 3070
WEST AIRLINE HIGHWAY, TO KOELKER PROPERTIES,
LLC, IN THE AMOUNT OF $1.00, AND TO APPROVE A
DEVELOPMENT AGREEMENT AND MINIMUM
ASSESSMENT AGREEMENT FOR THE DEVELOPMENT OF
THREE (3) INDUSTRIAL BUILDINGS WITHIN FIVE (5)
YEARS, 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 6th day of May 2019,
to approve the sale and conveyance of city owned property located west of 3070 West Airline
Highway, to Koelker Properties, LLC, in the amount of $1.00, and to approve a Development
Agreement and Minimum Assessment Agreement for the development of three (3) industrial
buildings within five (5) years.
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 April 2019.
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Quentin Hart, Mayor
LeAnn . Eve,,CMC, IaCMC
Deputy City Clerk