HomeMy WebLinkAbout2020-126-2/24/2020 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319)291-4323.
RESOLUTION NO. 2020-126
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
MARCH 9, 2020, TO APPROVE AN EXCHANGE
AGREEMENT AND ASSIGNMENT OF REAL ESTATE
CONTRACT WITH L & H FARMS, LTD., FOR THE
ACQUISITION OF PROPERTY IN BLACK HAWK COUNTY
AND EXCHANGE OF PROPERTY IN THE SAN MARNAN TIF
DISTRICT IN THE AMOUNT OF $1,696,636.60, FOR 47.17
ACRES AND UP TO $10,000 IN CLOSING COSTS, 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 9th day of March
2020, for the purpose of considering and acting upon approving the Real Estate Contract with L
& H Farms, Ltd., for the acquisition of property in Black Hawk County and exchange of
property in the San Marnan TIF District in the amount of$1,696,636.60, for 47.17 acres and up
to $10,000 in closing costs.
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 24th day of February 2020.
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Quentin Hart, Mayor
ATITST:
elley Felchle
City Clerk