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HomeMy WebLinkAbout2012-474-05.21.2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2012-474 RESOLUTION APPROVING LEASE AGREEMENT WITH ROUSSELOW BROS. FARMS, INC. AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Lease Agreement dated May 21, 2012, in the amount of $120.00 per acre for a total of $3,464.40 per year, to farm approximately 28.87 acres of city -owned land generally located near the northwest corner of Martin Road and West Ridgeway Avenue, east of Black Hawk Creek, for the period of May 21, 2012 to December 31, 2012, by and between Rousselow Bros. Farms, Inc. of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 21st day of May, 2012. Ernest G. Clark, Mayor ATTEST: Suzy Schares, CMC City Clerk