HomeMy WebLinkAbout2019-344-05/13/2019Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-344
RESOLUTION SETTING A DATE OF PUBLIC HEARING AS
JUNE 3, 2019 FOR THE APPROVAL OF A DEVELOPMENT
AGREEMENT AND MINIMUM ASSESSMENT AGREEMENT
AND AUTHORIZING THE SALE AND CONVEYANCE OF
PROPERTY TO SFN REAL ESTATE, LLC, FOR $1.00, FOR
THE DEVELOPMENT OF TWO DATA CENTERS LOCATED
SOUTHEAST OF 1414 COMMERCIAL STREET, AND
INSTRUCT CITY CLERK TO PUBLISH 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 3rd day of June 2019,
for the purpose of considering and acting upon a Development Agreement and Minimum
Assessment Agreement and authorizing the sale and conveyance of properly to SFN Real Estate,
LLC, for $1.00, for the development of two data centers located southeast of 1414 Commercial
Street.
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 13th day of June 2019.
ATTEST:
Kelley Fele
City Clerk
Quentin Hart, Mayor