HomeMy WebLinkAbout4749 - 12/13/2004 INDES BLACK HAWK COUNTY,IOWA:ss
'#d FEE BOOK# 20 (� 1
/FILED
U� � �!FOR RECORDMAR 30 2005
PROOF ,AT 1:00 P. M. FEE 1-55.00 - 1.00/
COMPARED
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BLACK HAWK COUNTY RECORDER
CITY OF WATERLOO
This Ordinance prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
ORDINANCE NO. 4749
AN ORDINANCE AMENDING' ORDINANCE NO. 4069
PROVIDING THAT GENERAL PROPERTY TAXES LEVIED
AND COLLECTED EACH YEAR ON ALL PROPERTY
LOCATED WITHIN THE AIRPORT AREA DEVELOPMENT
PLAN AREA OF THE CITY OF WATERLOO, COUNTY OF
BLACK HAWK, STATE OF IOWA, BY AND FOR THE
BENEFIT OF THE STATE OF IOWA, CITY OF
WATERLOO, COUNTY OF BLACK HAWK, WATERLOO
COMMUNITY SCHOOL DISTRICT, AND OTHER TAXING
DISTRICTS, BE PAID TO A SPECIAL FUND FOR
PAYMENT OF PRINCIPAL AND INTEREST ON LOANS,
MONIES ADVANCED TO AND INDEBTEDNESS,
INCLUDING BONDS ISSUED OR TO BE ISSUED,
INCURRED BY SAID CITY IN CONNECTION WITH THE
AMENDED AIRPORT AREA
WHEREAS, the City Council of the City of Waterloo, Iowa has
heretofore, in Ordinance No. 4069 provided for the division of
taxes within the Airport Area Development Project Area pursuant
to Section 403 . 19 of the Code of Iowa; and
WHEREAS, additional territory now has been added to the
Airport Area Development Project Area; and
WHEREAS, indebtedness has been incurred by the City, and
additional indebtedness is anticipated to be incurred in the
future, to finance urban renewal project activities within the
amended Airport Area Development Project Area, and the
continuing needs of redevelopment within the amended Airport
Area Development Project Area are such as to require the
continued application of the incremental tax resources of the
amended Airport Area Development Project Area; and
WHEREAS, the following enactment is necessary to accomplish
the objectives described in the premises .
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, THAT:
Ordinance Number 4069 is hereby amended to read as follows :
Section 1 : For purposes of this Ordinance, the following
terms shall have the following meanings :
(a) Original Project Area shall mean that portion of the
City of Waterloo, Iowa described in the Urban Renewal Plan for
the Airport Multi-Model Park Area approved by Ordinance No.
4069, adopted on January 9, 1995, which Original Project Area
includes the lots and parcels located within the area legally
described as follows :
Ordinance No. 4749
Page 2
Attached Exhibit "A"
(b) Amendment No. 2 Area shall mean that portion of the
City of Waterloo, Iowa described in Amendment No. 2 to the Urban
Renewal Plan for the Airport Area Development Plan Area approved
by Resolution No. 2004-836, approved on December 13, 2004 which
Amendment No. 2 Area includes the lots and parcels located
within the area legally described as follows :
Attached Exhibit "B"
(c) Amended Project Area shall mean that portion of the
City of Waterloo, Iowa included within the Original Project Area
and the Amendment No. 2 Area, which Amended Project Area
includes the lots and parcels located within the area legally
described as follows :
Attached Exhibit "C"
Section 2 : The taxes levied on the taxable property in the
Amended Project Area, legally described in Section 1 hereof, by
and for the benefit of the State of Iowa, City of Waterloo,
County of Black Hawk, Waterloo Community School District, and
all other taxing districts from and after the effective date of
this Ordinance shall be divided as hereinafter in this Ordinance
provided.
Section 3 : As to the Original Project Area, that portion
of the taxes which would be produced by the rate at which the
tax is levied each year by or for each of the taxing districts
taxing property in the Original Project Area upon the total sum
of the assessed value of the taxable property in the Original
Project Area as shown on the assessment roll as of January 1,
1994, being the first day of the calendar year preceding the
effective date of Ordinance No. 4069, shall be allocated to and
when collected be paid into the ' fund for the respective taxing
district as taxes by or for said taxing district into which all
other property taxes are paid. The taxes so determined shall be
referred herein as the "base period taxes" for such area.
As to Amendment No. 2 Area, base period taxes shall be
computed in the same manner using the total assessed value shown
on the assessment roll as of January 1, 2004, being the
assessment roll applicable to property in such area as of
January 1 of the calendar year preceding the effective date of
this Ordinance.
Section 4 : That portion of the taxes each year in excess
of the base period taxes for the Amended Project Area,
determined for each sub-area thereof as provided in section 3 of
this Ordinance, shall be allocated to and when collected be paid
into the special tax increment fund previously established by
•
•
Ordinance No. 4749
Page 3
the City of Waterloo to pay the principal of and interest on
loans, monies advanced to, or indebtedness, whether funded,
refunded, assumed or otherwise, including bonds issued under
authority of Section 403 . 9 or Section 403 . 12 of the Code of
Iowa, incurred by the City of Waterloo, Iowa to finance or
refinance, in whole or in part, urban renewal projects
undertaken within the Amended Project Area pursuant to the Urban
Renewal Plan, as amended, except that taxes for the payment of
bonds and interest of each taxing district shall be collected
against all taxable property within the Amended Project Area
without any limitation as hereinabove provided.
Section 5 : Unless or until •the total assessed valuation of
the taxable property in the areas of the Amended Project Area
exceeds the total assessed value of the taxable property in said
areas shown by the assessment rolls referred to in Section 3 of
this Ordinance, all of the taxes levied and collected upon the
taxable property in the Amended Project Area shall be paid into
the funds for the respective taxing districts as taxes by or for
the taxing districts in the same manner as all other property
taxes .
Section 6: At such time as the loans, monies advanced,
bonds and interest thereon and indebtedness of the City of
Waterloo referred to in Section 4 hereof have been paid, all
monies thereafter received from taxes upon the taxable property
in the Amended Project Area shall be paid into the funds for the
respective taxing districts in the same manner as taxes on all
other property.
Section 7 : All ordinances or parts of ordinances in
conflict with the provisions of this Ordinance are hereby
repealed. The provisions of this Ordinance are intended and
shall be construed so as to continue the division of taxes from
property within the Original Project Area under the provisions
of Section 403 . 19 of the Code of Iowa, as authorized in
Ordinance No. 4069, and to fully implement the provisions of
Section 403 . 19 of the Code of Iowa with respect to the division
of taxes from property within the Amendment No. 2 Area as
described above. In the event that any provision of this
Ordinance shall be determined to be contrary to law it shall not
affect other provisions or application of this Ordinance which
shall at all times be construed to fully invoke the provisions
of Section 403 . 19 of the Code of Iowa with reference to the
Amended Project Area and the territory contained therein.
Section 8 : This Ordinance shall be in effect after its
final passage, approval and publication as provided by law.
INTRODUCED: December 13, 2004
PASSED 1st CONSIDERATION: December 13, 2004
PASSED 2nd CONSIDERATION: December 13, 2004
PASSED 3rd CONSIDERATION: December 13, 2004
Ordinance No. 4749
Page 4
PASSED AND ADOPTED by the City Council of the City of
Waterloo, Iowa, on the 13th day of December, 2004, and approved by
the Mayor on the 15th day of December, 2004 .
Tim Hurley, Mayo
ATTEST:
lgt.a4;,e
Na` YEcke CMC
City Clerk
CERTIFICATE
I, Nancy Eckert, City Clerk of the City of Waterloo, Iowa, do
hereby certify that the preceding is a true and complete copy of
Ordinance No. 4749, as passed and adopted by the Council of the
City of Waterloo, Iowa, on the 13th day of December, 2004 .
Witness my hand and seal of office this 15th day of December,
2004 . Q
SEAL Nanc Eck , CMC
City Clerk
Exhibit "A"
Original Description to Airport Multi-Modal Park
Development Plan
Beginning at the intersection of the Northerly right-of-way line
of Broadway Street and the centerline of Wagner Rd. , thence
Northwesterly along said Northerly right-of-way line of Broadway
Street to a point which is three hundred thirty feet (330' )
normally distant East of the centerline of Airport Boulevard,
thence North one hundred twenty-five feet (125' ) , thence East
two hundred fifty three and seventy-six hundredths feet
(253 . 76' ) , thence North to the centerline of Airline Highway,
thence Easterly along said centerline one thousand two hundred
twenty-three feet (1223' ) , thence North to the centerline of the
Chicago Central and Pacific Railroad, thence Northwesterly along
the Chicago Central and Pacific Railroad centerline two hundred
feet (200' ) , thence North three hundred sixty feet (360' ) ,
thence East to the centerline of Wagner Road, thence Southerly
along said centerline to the centerline of West Airline Highway,
thence Westerly along said centerline to the centerline of the
Chicago Central and Pacific Railroad, thence Southeasterly along
the centerline of the Chicago Central and Pacific Railroad to
the centerline of Wagner Road, thence Southerly along the
centerline of Wagner Road to the point of beginning.
And also;
Beginning at the point of intersection of the East line of
Leversee Road and the Northerly line of Railroad in the
Southwest quarter Section 5, Township 89, Range 13 in the City
of Waterloo, thence North to the North line said section, thence
East along section line to the East line of the Southwest one-
quarter (1/4) of the Southwest ' one-quarter (1/4) Section 32,
Township 90, Range 13, thence North along said line to the
Southeast corner of the Northwest one-quarter (1/4) of the
Southwest one-quarter (1/4) , thence West along the South line of
the Northwest one-quarter (1/4) of the Southwest one-quarter
(1/4) to a point that is twenty (20) rods East of the West line
of said section, thence North one hundred thirty-two feet (132' )
more or less (eight (8) rods) , thence West twenty (20) rods to
the West line of section, thence North along the West line of
said section to the Northwest corner of said section, thence
East to the Northeast corner of said section, thence South to
the West one-quarter (1/4) corner of Section 33, Township 90,
Range 13, thence East to the center point of said section,
thence South along the East line of the Southwest one-quarter
(1/4) to the Northwest corner of the Southwest one-quarter (1/4)
of the Southeast one-quarter (1/4) Section 33, Township 90 Range
13, thence East to the Northeast corner of the Southwest one-
quarter (1/4 ) of the Southeast one-quarter (1/4 ) , thence South
to the South line of said section, thence West along the North
line of Section 4, Township 89, Range 13 to the Northwest corner
of the fractional one-quarter '(1/4) of said section, thence
South five hundred eighty eight (588' ) thence Southeasterly to a
point eight hundred thirty-three feet (833' ) South of North line
and three hundred nineteen feet (319' ) East of the West line of
said Northeast one-quarter (1/4) , thence East to the West line
of the East thirty (30) acres of the North fractional one-half
(1/2) of the Northeast one-quarter (1/4) of said section, thence
South along said West line of the East thirty (30) acres of the
Exhibit "A"
Page 2
North fractional one-half (1/2) of the Northeast one-quarter
(1/4) Section 4, Township 89, Range 13 to its intersection with
the North line of the Southeast one quarter (1/4) of the
Northeast one-quarter (1/4) , thence East to the West line of
Wagner Road, thence South along the West line of Wagner Road to
a point that is six hundred feet (600' ) North of the
intersection of the West line of Wagner Road and the North line
of West Airline Highway, thence West three thousand three
hundred feet (3300' ) , thence South to the North line of the
Chicago Central and Pacific Railroad, thence Westerly along the
North line of the Chicago Central and Pacific Railroad, and the
Cedar River Railroad Company property (Land Deed, Book 560 Page
815) to the point of beginning, except a parcel of land in
Section 4, Township 89, Range 13, described as follows :
Beginning at a point on the North right-of-way of the Chicago
Central and Pacific Railroad Company that is sixty feet (60' )
East of the centerline of the access road to airport, thence
North four hundred feet (400' ) , thence East five hundred feet
(500' ) , thence South to the North Railroad right-of-way, thence
West along the North railroad right-of-way to the point of
beginning.
•
Airport Multi-Modal-original.doc02/02/2005
EXHIBIT "B"
Amendments to Airport Area Development Plan
December 2004
Beginning at the Southwest corner of Section 32 Township 89
Range 13, thence East along the South line of Section 32
Township 90 Range 13 to the East line of the Southwest 1,1 of the
Southwest 141 said Section 32, thence North along said line to the
Southeast corner of the Northwest of the Southwest 1,1 said
Section, thence West along the South line of the Northwest of
the Southwest to a point that is 20 rods East of the West line
of said Section, thence North 132 feet more or less (8 rods) ,
thence West to the West line of said Section, thence South along
the West line of Section 32 Township 89 Range 13 to the point of
beginning;
And also; beginning at a point on the North right-of-way of the
Chicago Central Railroad (formerly the Chicago Central & Pacific
Railroad) that is 60 feet East of the centerline of the access
road to the airport, thence North 400 feet, thence East 500
feet, thence South to the North Railroad right-of-way, thence
West along the North Railroad right-of-way to the point of
beginning;
And also; beginning at the Southwest corner of Section 5
Township 89 Range 13, thence South along the West line of
Section 8 Township 89 Range 13 (which is also the West Corporate
Limit line of the City of Waterloo) to the southwest corner of
the Northwest of the Northwest 141 of said Section 8, thence
East along the South line of the North one-fourth of said
Section to its intersection with the North line of West
Washington Street (also currently U. S. Hwy. 218) , thence
continuing Easterly along said North right-of-way line
(currently known as Broadway Street Ramp) to its intersection
with the East line of Lot 3 Deward Fetcher Industrial Park,
thence Easterly 50' parallel to the North line Lot 3 of Deward
Fetcher Industrial Park, thence Easterly across Airport
Boulevard right-of-way to the Southwest corner of Lot 8 said
addition, thence East to the Southeast corner of Tract B of said
addition, thence North along the East line of said Tract B a
distance of 125' more or less, thence South 89 degrees 28
minutes East 253 . 76' , thence North to the North line of Section
9 Township 89 Range 13, thence East along the North line of said
Section to the point where it intersects the East line of the
West 875' of the Southeast '� of the Southwest of Section 4
Township 89 Range 13, thence North along the East line of the
West 875' of the Southeast of the Southwest of Section 4 to
its intersection with the centerline of the Chicago Central
Railroad, thence Northwesterly along the Railroad centerline
200' , thence North to the North line of said railroad, thence
Westerly along the North line of said railroad to its
intersection with the West line of Section 5 Township 89 Range
13, thence South along said Section line to the point of
beginning;
And also; beginning at the center of Section 33 Township 90
Range 13, thence North along the centerline of said Section to
the North line of the South one-half of the Southwest of the
Northeast said Section, thence East along the North line of
the South one-half of the Southwest of the Northeast and the
Exhibit "B"
Page 2
South one-half of the Southeast k of the Northeast of said
Section to the Northeast corner of the Southwest k of the
Southeast of the Northeast k of said Section, thence South
along the East line of the Southwest k of the Southeast k of the
Northeast k to the South line of the Northeast k of said
Section, thence East along the .North line of the Southeast k
said Section 33 to the West line of Section 34 Township 90 Range
13, thence East along the North line of the Southwest k of
Section 34 Township 90 Range 13 to the center of said Section
34, thence South along the East line of the Southwest k said
Section 34 to the North line of Section 3 Township 89 Range 13,
thence South to the Northwest corner of the Southwest k of the
Southeast k said Section 3, thence East along the North line of
the Southwest of the Southeast k to the Northeast corner of
said Southwest of the Southeast k of said Section, thence
South along the East line of the Southwest k of the Southeast 1.1
to the South line of said Section 3, thence East along the South
line of Section 3 to the Southeast corner of said Section,
thence East along the North line of Section 11 Township 89 Range
13 to the point where the East line of Lot 10 Gronberg Addition
extended North would intersect the North line of said Section
11, thence South along the extension of the East line of said
Lot 10 and the East line of said Lot 10 to the Southeast corner
of said Lot 10, thence South along the East line of the South 80
acres of the West 100 acres of the Northwest k of said Section
11 to the South line of the Northwest k of said Section, thence
West along the South line of the Northwest k said Section 11 to
the West line of said Section, said point also being the
Northeast corner of the Southeast k of Section 10 Township 89
Range 13, thence West along the North line of the Southeast k of
Section 10 to the centerline of the Chicago Central Railroad,
thence South and Southeasterly following said Railroad
centerline to its intersection with the centerline of Midland
Street, thence East along the centerline of Midland Street to
its intersection with the centerline of Longfellow Avenue,
thence South along the centerline of Longfellow Avenue to the
south line of Section 10, thence East along the South line of
Section 10 to the Southeast corner of said Section, thence South
along the East line of Section 15 Township 89 Range 13 to its
intersection with the centerline of the Chicago Central
Railroad, thence Southeasterly Easterly and Southeasterly
following the centerline of the most Northerly leg of the
Chicago Central Railroad to its intersection with the centerline
of David Street, thence South along the centerline of David
Street to the centerline of West Parker Street, thence West
along the centerline of West Parker Street to the West line of
Section 14 Township 89 Range 13, thence North along the West
line of said Section 14 to its intersection with the centerline
of Broadway Street, thence Northwesterly following the
centerline of Broadway Street to the North line of Section 15
Township 89 Range 13, thence West along the North line of said
Section 15 to the centerline of Cedar Bend Street, thence North
along the centerline of Cedar Bend Street to its intersection
with the South line of Broadway Street, thence Northwesterly
along the South line of Broadway Street to a point on the South
line of Broadway Street that is 190' (as measured along the
South line of Broadway Street) Southeasterly of the North line
of the Southwest k of Section 10 Township 89 Range 13, thence
Exhibit "B"
Page 3
Southwesterly to a point that is 33' East of and 562 . 4' South of
the Northwest corner of the Southwest k of said Section 10,
thence North along a line that is 33' East of and parallel to
the West line of said Section 10 to the North line of the
Southwest k of said Section 10, thence West to the West line of
said Section 10, thence West along the South line of the
Northeast k Section 9 Township 89 Range 13 to the Southwest
corner of the Southeast k of the Northeast k of said Section,
thence North along the West line of the Southeast k of the
Northeast k of said Section to the North line of Broadway
Street, thence Southeasterly along the Northerly line of
Broadway Street to the East line of Section 9 Township 89 Range
13, thence North along the East line of Section 9 (which is also
the centerline of Wagner Road) to the centerline of the Chicago
Central Railroad, thence Northwesterly along said railroad
centerline to the North line of Section 9, thence East along the
North line of Section 9 to the Northeast corner of said Section,
thence North along the East line of Section 4 Township 89 Range
13 to a point that is 600' North of the North line of West
Airline Highway, thence West to the West line of Wagner Road,
thence North along the West line of Wagner Road to the South
line of the Northeast k of the Northeast fractional k of Section
4, thence West along the South line of the Northeast k of the
Northeast fractional k said Section to the West line of the East
30 acres of said Northeast k of the Northeast fractional k said
Section, thence North along the West line of the East 30 acres
of the North fractional one-half of the Northeast fractional k
of said Section 4 to a point that is 833 feet South of the North
line of said Section, thence West along a straight line to a
point that is 319' East of and 833' South of the Northwest
corner of the Northeast fractional 1/4 of said Section 4, thence
Northwesterly to a point on the West line of the Northeast
fractional quarter said Section 4 that is 588' South of the
North line of said Section 4, thence North to the North line of
said Section 4, thence East along the North line of said Section
4 to the Southwest corner of the Southeast k of the Southeast k
of Section 33 Township 90 Range 13, thence North along the West
line of the Southeast k of the Southeast k to the Southwest
corner of the Northeast k of the Southeast k said Section 33,
thence West to the Southwest corner of the Northwest k of the
Southeast k, thence North along the West line of the Northwest k
of the Southeast k to the center of Section 33 Township 90 Range
13, which point is also the Point of Beginning.
EXHIBIT "C"
Amendment No . 2 Airport Area Development Plan
(Full Description including Original & Additions)
Beginning at the Southwest corner of the Northwest of the
Northwest k of Section 8 Township 89 Range 13, thence North
along the West line of said Section to the Southwest corner of
Section 5 Township 89 Range 13, thence North along the West line
of Section 5 to its intersection with the Northerly line of the
Chicago Central Railroad, thence Southeasterly along said
railroad line to its intersection with the Easterly line of
Leversee Road, thence North along the East line of Leversee Road
to the North line of Section 5, thence West along the North line
of Section 5 to the Southwest corner of Section 32 Township 90
Range 13, thence North along the West line of said Section 32 to
the Northwest corner of said Section, thence East along the
North line of said Section to the Northeast corner of said
Section, thence South to the 'West k corner of Section 33
Township 90 Range 13, thence East to the Center Point of said
Section, thence North along the centerline of said Section to
the North line of the South one-half of the Southwest k of the
Northeast ' said Section, thence East along the North line of
the South one-half of the Southwest k of the Northeast 141 and the
South one-half of the Southeast - of the Northeast of said
Section to the Northeast corner of the Southwest k of the
Southeast 141 of the Northeast k of said Section, thence South
along the East line of the Southwest '1 of the Southeast k of the
Northeast k to the South line of the Northeast k of said
Section, thence East along the North line of the Southeast
said Section 33 to the West line of Section 34 Township 90 Range
13, thence East along the North line of the Southwest kl of
Section 34 Township 90 Range 13 to the center of said Section
34, thence South along the East line of the Southwest said
Section 34 to the North line of Section 3 Township 89 Range 13,
thence South to the Northwest corner of the Southwest k of the
Southeast said Section 3, thence East along the North line of
the Southwest k of the Southeast to the Northeast corner of
said Southwest 141 of the Southeast k of said Section, thence
South along the East line of the Southwest k of the Southeast k
to the South line of said Section 3, thence East along the South
line of Section 3 to the Southeast corner of said Section,
thence East along the North line of Section 11 Township 89 Range
13 to the point where the East line of Lot 10 Gronberg Addition
extended North would intersect the North line of said Section
11, thence South along the extension of the East line of said
Lot 10 and the East line of said Lot 10 to the Southeast corner
of said Lot 10, thence South along the East line of the South 80
acres of the West 100 acres of the Northwest of said Section
11 to the South line of the Northwest k of said Section, thence
West along the South line of the Northwest k said Section 11 to
the West line of said Section, said point also being the
Northeast corner of the Southeast of Section 10 Township 89
Range 13, thence West along the North line of the Southeast k of
Section 10 to the centerline of the Chicago Central Railroad,
thence South and Southeasterly following said Railroad
centerline to its intersection with the centerline of Midland
Street, thence East along the centerline of Midland Street to
its intersection with the centerline of Longfellow Avenue,
thence South along the centerline of Longfellow Avenue to the
south line of Section 10, thence East along the South line of
Exhibit "C"
Page 2
Section 10 to the Southeast corner of said Section, thence South
along the East line of Section 15 Township 89 Range 13 to its
intersection with the centerline of the Chicago Central
Railroad, thence Southeasterly Easterly and Southeasterly
following the centerline of the most Northerly leg of the
Chicago Central Railroad to its intersection with the centerline
of David Street, thence South along the centerline of David
Street to the centerline of West Parker Street, thence West
along the centerline of West Parker Street to the West line of
Section 14 Township 89 Range 13, thence North along the West
line of said Section 14 to its intersection with the centerline
of Broadway Street, thence Northwesterly following the
centerline of Broadway Street to the North line of Section 15
Township 89 Range 13, thence West along the North line of said
Section 15 to the centerline of Cedar Bend Street, thence North
along the centerline of Cedar Bend Street to its intersection
with the South line of Broadway Street, thence Northwesterly
along the South line of Broadway Street to a point on the South
line of Broadway Street that is 190' (as measured along the
South line of Broadway Street) Southeasterly of the North line
of the Southwest '1 of Section 10 Township 89 Range 13, thence
Southwesterly to a point that is 33' East of and 562 . 4' South of
the Northwest corner of the Southwest 1,1 of said Section 10,
thence North along a line that is 33' East of and parallel to
the West line of said Section 10 to the North line of the
Southwest 1,1 of said Section 10, thence West to the West line of
said Section 10, thence West along the South line of the
Northeast Section 9 Township . 89 Range 13 to the Southwest
corner of the Southeast 141 of the Northeast 141 of said Section,
thence North along the West line of the Southeast of the
Northeast k of said Section to the North line of Broadway
Street, thence Northwesterly along the North line of Broadway
Street to the intersection with the East line of Tract B Deward
Felcher Industrial Park, thence South to the Southeast corner of
said Tract B, thence West to the Southwest corner of Lot 8 said
addition, thence Southwesterly across Airport Boulevard right-
of-way to a point that is 340 . 5 feet South of and 50 feet East
of the Northeast corner of Lot 2 of Deward Felcher Industrial
Park, thence West 50 feet to a point on the East line of Lot 3
said addition and on the current North right-of-way line of
Broadway Street, thence Westerly along the North right-of-way
line of Broadway Street and West Washington Street to its
intersection with the South line of the North one-fourth of
Section 8 Township 89 Range 13, thence West along the South line
of the North one-fourth of said Section 8 to the West line of
said Section, said point being the point of beginning.
Airport Area Dev Plan-full descr inc orig add.l.doc 02/02/2005