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HomeMy WebLinkAbout2005-127-02/14/2005 l (This Notice to be posted) NOTICE AND CALL OF PUBLIC MEETING Governmental Body: The City Council of Waterloo, Iowa. Date of Meeting: February 14 , 2005. Time of Meeting: 5 : 3 0 o'clock P .M. Place of Meeting: Council Chambers, City Hall, Waterloo, Iowa PUBLIC NOTICE IS HEREBY GIVEN that the above mentioned governmental body will meet at the date, time and place above set out. The tentative agenda for said meeting is as follows: Eastside Riverfront Housing Development -Resolution Approving the Request for Qualifications and Procedures for the Sale or Other Disposition of Property for the Eastside Riverfront Housing Development, and Directing Solicitation of Proposals Such additional matters as are set forth on the additional 7 page(s) attached hereto. (number) This notice is given at the direction of the Mayor pursuant to Chapter 21, Code of Iowa, and the local rules of said governmental body. City Clerk, Warloo, Iowa Nancy Elm- rt February 14 , 2005 The City Council of Waterloo, Iowa, met in regular session, in the Council Chambers, City Hall, Waterloo, Iowa, at 5 : 30 o'clock p.M. on the above date. There were present Mayor Tim Hurley , in the Chair, and the following named Council Members: Kincaid, Greenwood , Clark, Schmitt , Gunderson, Welper Absent: Cole * * * * * * * * Council Member Clark introduced the following Resolution entitled "RESOLUTION APPROVING THE REQUEST FOR QUALIFICATIONS AND PROCEDURES FOR THE SALE OR OTHER DISPOSITION OF PROPERTY FOR THE EASTSIDE RIVERFRONT HOUSING DEVELOPMENT, AND DIRECTING SOLICITATION OF PROPOSALS" and moved that the same be adopted. Council Member Schmitt seconded the motion to adopt. The roll was called and the vote was, AYES: Kincaid, Greenwood , Clark, Schmitt , Gunderson, Welper NAYS: none Whereupon, the Mayor declared the Resolution duly adopted as follows: RESOLUTION NO. 2005-127 RESOLUTION APPROVING THE REQUEST FOR QUALIFICATIONS AND PROCEDURES FOR THE SALE OR OTHER DISPOSITION OF PROPERTY FOR THE EASTSIDE RIVERFRONT HOUSING DEVELOPMENT, AND DIRECTING SOLICITATION OF PROPOSALS WHEREAS, the City Council of the City of Waterloo, Iowa has heretofore approved and adopted the Downtown Waterloo Riverfront Urban Renewal and Redevelopment Plan, as amended (the "Urban Renewal Plan") for the Urban Renewal Area described therein (the "Project Area"); and WHEREAS, the City currently is seeking to acquire certain real property located generally in downtown Waterloo, east of the Cedar River and bordered by Sycamore Street, Water Street, 8th Street and the C and NW railroad tracks, for purposes of offering the same for sale or other disposition for private redevelopment of a market-rate residential housing development; and WHEREAS, the property to be offered for sale for such redevelopment is legally described as follows: - 3 - (hereinafter called "Disposition Parcel No. 2"); and WHEREAS, the City Council has determined to solicit proposals for the purchase and rehabilitation of the Disposition Parcel No. 2 through the use of a Request for Qualifications dated February 14, 2005 (the "RFQ"), so as to ascertain the identity and qualifications of all parties interested in acquiring the Disposition Parcel No. 2 for redevelopment, and the general nature and feasibility of the redevelopment of the Disposition Parcel No. 2 proposed by such parties; and WHEREAS, in order to establish reasonable competitive bidding procedure for the sale of the Disposition Parcel No. 2 in accordance with the statutory requirements of Section 403.8, Code of Iowa (2003), and to assure that the City extends a full and fair opportunity to all prospective redevelopers interested in submitting a proposal for the rehabilitation of Disposition Parcel No. 2, the RFQ has been prepared to describe the minimum requirements each proposal must satisfy in order to qualify for consideration with respect to its evaluation under the competitive criteria, the information and documents which must be submitted, and the schedule for submission; and WHEREAS, the RFQ includes specified Submission Requirements and the offering documents (each as defined or described therein) to be used for this offering; and WHEREAS, this Council believes it is in the best interest of the City of Waterloo to act as expeditiously as possible to offer this Disposition Parcel No. 2 for development as set out herein. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, as follows: 1. Disposition Parcel No. 2, legally described in the preambles hereof, shall be offered for sale or other disposition for uses permitted by the Urban Renewal Plan, and on the terms and conditions set forth in this Resolution. 2. It is hereby determined that in order to qualify for consideration, each redeveloper must submit a proposal which meets the requirements set forth in the attached RFQ, which RFQ is hereby approved and authorized to be distributed to potentially interested parties for the purposes set forth herein. 3. The Official Notice of this offering shall be a true copy of this Resolution, but without the RFQ referred to herein. Said RFQ shall be maintained on file for public inspection at the office of the City Clerk, City Hall, 715 - 4 - Mulberry Street, Waterloo, Iowa 50703. 4. The City Clerk is authorized and directed to secure immediate publication of said notice in the Waterloo Courier, a newspaper having a general circulation in the community, by publication of the text of this Resolution at least thirty (30) days prior to the date that proposals are due under the Timetable included in the RFQ. 5. The offering documents and procedures set forth in this Resolution and the RFQ are hereby determined to comply with the provisions of Section 403.8(2), Code of Iowa (2003), requiring "reasonable competitive bidding procedures" and said prescribed offering documents and procedures are determined to be the appropriate method for making the Disposition Parcel No. 2 available for rehabilitation and for establishing the fair market value of the Disposition Parcel No. 2. 6. The required documents for submission of a proposal shall be in substantial conformity with the provisions of the RFQ and shall include each of the documents described therein. 7. The Project Review Team described in the RFQ is hereby authorized to receive proposals for the purchase of the Disposition Parcel No. 2 described in the RFQ at the date and according to the procedures specified in the RFQ for receipt of such proposals and to acknowledge receipt of each such proposal; and said Project Review Team be and is hereby authorized and directed to analyze each such proposal for compliance and ranking, and thereafter to recommend to the City Council that a specific proposal and developer be selected for final negotiation of the terms of the development agreement. The Council shall then consider the negotiated proposal and determine whether the City should accept the negotiated proposal; provided, however, that the City of Waterloo reserves the right to waive informalities and irregularities in the bidding procedures provided for in this Resolution and the right to reject any and all proposals. - 5 - PASSED AND APPROVED this 14th day of February , 2005. Mayor Tim Hurley ATTEST: City Clerk Nan Eckert - 6 - CIG-3 CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF BLACK HAWK ) I, the undersigned City Clerk of Waterloo, Iowa, do hereby certify that attached is a true and complete copy of the portion of the corporate records of said Municipality showing proceedings of the Council, and the same is a true and complete copy of the action taken by said Council with respect to said matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council (a copy of the face sheet of said agenda being attached hereto) pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by said law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective city offices as indicated therein, that no Council vacancy existed except as may be stated in said proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of said Municipality hereto affixed this 16 t h day of February , 2005. SEAL 52a City Clerk, Wa loo, Iowa Nancy Ec ert DCORNELL\440510.1\WP\11310065 - 7 - Disposition Parcel No.2 All of Block 22 of the Original Plat of Waterloo East, as platted; and also all that part of Block 1 of the Original Plat of Waterloo East that lies Southeasterly of railroad; and that part of East 7th Street that lies between Block 1 and Block 22 of the Original Plat of Waterloo East; all in the City of Waterloo, Black Hawk County, Iowa. C:\Documents and Settings\NANCY-E\Local Settings\Temporary Internet Files\OLK7\Phase I Redevelopment Site.doc