HomeMy WebLinkAbout2014-772-09/02/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2014-772
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON THE
PROPOSED EXCHANGE AGREEMENT AND ASSIGNMENT OF
OFFER TO BUY REAL ESTATE AND ACCEPTANCE WITH
L & H FARMS, LTD. OF WATERLOO, IOWA, FOR THE
ACQUISITION OF PROPERTY IN BLACK HAWK COUNTY
FOR EXCHANGE OF PROPERTY IN THE SAN MARNAN
TIF DISTRICT IN SEPTEMBER, 2014, IN THE
AMOUNT OF $131, 949. 00 FOR 2 . 75 ACRES OF LAND,
PLUS UP TO $10, 000 . 00 IN CLOSING COSTS, AS
SEPTEMBER 15, 2014, AT 5 : 30 P.M. IN HAROLD E.
GETTY COUNCIL CHAMBERS, WATERLOO, IOWA AND
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 the Harold E. Getty Council Chambers in the City
of Waterloo, Iowa at 5 : 30 p.m. on the 15th day of September,
2014, for the purpose of considering and acting upon a proposed
Exchange Agreement and Assignment of Offer to Buy Real Estate
and Acceptance with L & H Farms, Ltd. of Waterloo, Iowa, for the
acquisition of property in Black Hawk County for exchange of
property in the San Marnan TIF District in September, 2014, in
the amount of $131, 949. 00 for 2 . 75 acres of land, plus up to
$10, 000 . 00 in closing costs, and legally described as follows :
The North k of the Southwest Quarter of the Southeast
Quarter (N 14 SW i SE ;1) of Section 10, Township 87
North, Range 14 West of the 5th P.M. in Black Hawk
County, Iowa, except the highway and adjoining public
right-of-way (9. 325 tillable acres, more or less) .
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 2nd day of September, 2014 .
Ernest G. Clark, Mayor
ATTEST:
y Sc ares, MC
City C rk