HomeMy WebLinkAbout2020-913-12.28.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-913
RESOLUTION APPROVING A FIVE (5) YEAR AGREEMENT,
WITH AIR METHODS CORPORATION OF GREENWOOD
VILLAGE, COLORADO, FOR A GROUND LEASE OF 8,060
SQUARE FEET OF RAW LAND FOR OPERATION OF AN AIR
AMBULANCE BUSINESS, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Lease Agreement dated December 28, 2020, between Air Methods Corporation of
Greenwood Village, Colorado and the City of Waterloo, Iowa, per the following schedule:
Year 1 - January 1, 2021 Thru December 31, 2021 Or $200.00 Per Month;
Year 2 - January 1, 2022 Thru December 31, 2022 Or $225.00 Per Month;
Year 3 - January 1, 2023 Thru December 31, 2023 Or $250.00 Per Month;
Year 4 - January 1, 2024 Thru December 31, 2024 Or $275.00 Per Month;
And,
Year 5 - January 1, 2025 Thru December 31, 2025, Or $300.00 Per Month.
for a term ending December 31, 2025, in conjunction with the ground lease of 8,060 square feet
of raw land for operation of an Air Ambulance business, is hereby approved, and the Mayor and
City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this 28th day of December 2020.
SIGNED
Quentin Hart, Mayor
ATTEST:
Kelle �e/cte
Kelley Felchle
City Clerk