HomeMy WebLinkAbout2021-233-04.05.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, 319-291-4323.
RESOLUTION NO. 2021-233
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
MAY 3, 2021 TO APPROVE SETTING DATE OF PUBLIC
HEARING AS MAY 3, 2021 TO APPROVE AN EXCHANGE
AGREEMENT AND ASSIGNMENT OF REAL ESTATE
CONTRACT WITH L & H FARMS, LTD., FOR THE
ACQUISITION OF PROPERTY IN BLACK HAWK COUNTY
IN EXCHANGE FOR PROPERTY IN THE SAN MARNAN TIF
DISTRICT IN THE AMOUNT OF $1,336,269.46 FOR
28.499 ACRES, AND UP TO $10,000 IN CLOSING COSTS,
AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE,
AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE.
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 at City Hall, Waterloo, Iowa at 5:30 p.m. on the 3rd day of May 2021, to
approve setting date of public hearing as May 3, 2021 to approve an Exchange Agreement and
Assignment of Real Estate Contract with L & H Farms, Ltd., for the acquisition of property in
Black Hawk County in exchange for property in the San Marnan TIF District in the amount of
$1,336,269.46 for 28.499 acres, and up to $10,000 in closing costs.
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 19d' day of April 2021.
Quentin Hart, Mayor
ATTEST:
LeAnn M. Even, CMC, IaCMC
Deputy City Clerk