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This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street4. Waterioo, Iowa.
OEHE RESOLUTION NO. 2005-76
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'RESOLU1UN FIXING THE TIME AND PLACE OF
L-1 tvHING HAND NOTICE TO BE GIVEN ON A
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0 0 DEVELOPMENT AGREEMENT WITH CEDAR VALLEY H.Q. ,
VLi C L.L.C. AND LOCKARD DEVELOPMENT TO SELL FOR
E (Si . 00 APPROXIMATELY 2 . 0 ACRES OF PROPERTY
< Ti S4 GENERALLY LOCATED SOUTH OF THE EXISTING TOWER
t- PARK 4FFICE COMPLEX TO CONSTRUCT A NEW 13, 200
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:1-71 ttc 'SQUARE FOOT PROFESSIONAL OFFICE BUILDING WITH
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A MINIMUM TAXABLE VALUE OF $2, 100, 000 . 00 AND
FIVE YEAR TAX REBATEMENT, AS FEBRUARY 21,
r E-, '2005 AT 5 : 30 P.M. IN CITY HALL COUNCIL
0
r - CHAMBERS, WATERLOO, IOWA AND INSTRUCTING THE
! CITY CLERK TO PUBLISH THE NOTICE OF HEARING.
I 7.)
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 met at City Hall Council Chambers in the City of Waterloo,
Iowa at 5 : 30 p.m. on the 21st day of February, 2005 for the
purpos : of considering and acting upon a Development Agreement
with Cedar Valley H.Q. , L. L. C. and Lockard Development to sell
for $1 . 00 approximately 2 . 0 acres of property generally located
south of the existing Tower Park office complex to construct a
new 13, 200 square foot professional office building with a
minimum taxable value of $2, 100, 000 . 00 and five year tax
rebatement, and legally described as follows :
Lot 2, Tower Park No. 3, City of Waterloo, Black Hawk
County, State of Iowa.
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 7th day of February, 2005 .
Tim Hurley, M or
ATTEST:
"-A44147t. fe)(124j-
Nancy Ecke , CMC
City Cler}C