HomeMy WebLinkAbout2015-929-12/7/2015 _ .._......
Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-
4323 .
RESOLUTION NO. 2015-929
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN TO APPROVE THE
EXCHANGE AGREEMENT AND ASSIGNMENT OF REAL
ESTATE CONTRACT BETWEEN CITY OF WATERLOO AND
L & H FARMS, LTD. FOR THE ACQUISITION OF
11 . 98 ACRES OF LAND IN BLACK HAWK COUNTY FOR
THE SUM OF $403, 700 IN EXCHANGE FOR PROPERTY
IN THE SAN MARNAN TIF DISTRICT, AS DECEMBER
21, 2015, AT 5 : 30 P.M. IN HAROLD E. GETTY
COUNCIL CHAMBERS, CITY HALL, WATERLOO, IOWA,
ANL INSTRUCTING THE CITY CLERK TO PUBLISH THE
NOTICE OF HEARING.
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 Harold E. Getty Council Chambers, City Hall,
Waterloo, Iowa at 5 : 30 p.m. on the 21st day of December, 2015,
for the purpose of considering and acting upon an Exchange
Agreement and Assignment of Real Estate Contract between City of
Waterloo and L & H Farms, Ltd. for the acquisition of 11 .98
acres of land in Black Hawk County for the sum of $403, 700 in
exchange for property in the San Marnan TIF District, and
legally described as follows :
The South 203 . 8 feet of the North 749. 35 feet of the North
Half of the Southwest Quarter (N 1-i� SW. 1--4) in Section No. 9,
Township No. 88 North, Range No., 13, West of �t-he Fifth
Principal Meridian,, ,Black Hawk 'County, Iowa; EXCEPT that
part thereof conveyed to -the-City--of Wat'e'rloo in a deed
filed March 14, 2012 as Doc. No. 2012-16922 in the Office of
the Black Hawk County Recorder.
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 7th day of December, 2015 .
Ernest G. Clark, Mayor
ATTEST:
Suzy S hares, CMC
City Clerk