HomeMy WebLinkAbout2014-826-09/18/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2014-826
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING TO BE GIVEN ON THE PROPOSED WATERLOO
RIVERFRONT STADIUM LEASE AGREEMENT WITH THE
WATERLOO BALL CLUB, LLC AND NORTHWOODS LEAGUE
INC. , AS SEPTEMBER 22, 2014, AT 5: 30 P.M. IN
THE HAROLD E. GETTY COUNCIL CHAMBERS, CITY
HALL, WATERLOO, IOWA AND INSTRUCTING THE CITY
CLERK TO PUBLISH NOTICE OF HEARING.
WHEREAS, the Council of the City of Waterloo, Iowa shall
meet in the Harold E. Getty Council Chambers, City Hall, in the
City of Waterloo, Iowa, at 5 : 30 p.m. on the 22nd day of
September, 2014, for the purpose of considering and acting upon
the proposed Waterloo Riverfront Stadium Lease Agreement with the
Waterloo Ball Club, LLC and Northwoods League Inc. , at a cost of
$1, 250 . 00 per month commencing October 1, 2014, with monthly rent
to increase to $1, 325 . 00 on October 1, 2017 and to $1, 425. 00 on
October 1, 2020, to include a 5-year renewal option with monthly
rent to increase to $1, 525 . 00 on October 1, 2024 .
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, 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 18th day of September, 2014 .
ri,qU
Ernest G. Clark, Mayor
ATTEST:
zy Shares, CMC
City C erk