HomeMy WebLinkAbout2019-950-12/16/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-950
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
DECEMBER 30, 2019 TO VACATE, SELL AND CONVEY A
PORTION OF CITY RIGHT-OF-WAY, WITH THE
RETENTION OF A UTILITY EASEMENT, LOCATED AT THE
NORTHWEST CORNER OF FALLS AVENUE AND STEPHAN
AVENUE, TO PWS HOLDINGS 19 IA, LLC, IN THE AMOUNT
OF $1.00, AND APPROVING A DEVELOPMENT
AGREEMENT AND MINIMUM ASSESSMENT AGREEMENT
FOR THE CONSTRUCTION OF A NEW COMMERCIAL
BUILDING, AND AUTHORIZE THE 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 30th day of December
2019, for the purpose of considering and acting upon the request, to vacate, sell and convey a
portion of City right-of-way, with the retention of a utility easement, located at the northwest
corner of Falls Avenue and Stephan Avenue, to PWS Holdings 19 IA, LLC, in the amount of
$1.00, and approving a Development Agreement and Minimum Assessment Agreement for the
construction of a new commercial building.
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 16th day of December 2019.
_ Quentin Hart, Mayor
ATTEST:
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Kel ey Felchl i
City Clerk