HomeMy WebLinkAbout2004-230-04.12.2004 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2004-230
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON AMENDMENT
NO. 1 TO THE NORTHEAST INDUSTRIAL AREA
DEVELOPMENT PLAN TO ALLOW TAX INCREMENT
FINANCING TO BE USED FOR FERGUSON
ENTERPRISES, INC. PROJECT AS APRIL 26, 2004,
AT 5 : 30 P.M. IN CITY HALL 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 at City Hall Council Chambers in the City of Waterloo,
Iowa at 5 : 30 p.m. on the 26th day of April, 2004, for the purpose
of considering and acting upon the proposed amendment to the
Northeast Industrial Area Development Plan to allow tax increment
financing to be used for Ferguson Enterprises, Inc . Project,
legally described as follows :
Part of Sections 15, 20, 21 and 22 , Township 89 North,
Range 12 West of the 5th Principal Meridian in the City
of Waterloo, Black Hawk County, Iowa, described as
follows :
Beginning at the Southeasterly corner of Section 20,
Township 89, Range 12 , thence West along the South line
of said section to a point that is sixty-six (66) feet
West of the West line of the East one-half (1/2) of the
Southeast quarter (SE 1/4) of said section, thence
North along a line sixty-six (66) feet West of the West
line of said East one-half (1/2) to its intersection
with the South line of the North one-half (1/2) of the
Northwest quarter (NW 1/4) of the Southeast quarter (SE
1/4) Section 20, thence West on said South line and its
extension Westerly to the South line of the Chicago and
Northwestern Transportation Company right-of-way,
thence Northeasterly along said right-of-way line to
its intersection with the West line of the East one
quarter (1/4) of said section, thence Northerly along
the West line of the Northeast quarter (NE 1/4) of the
Southeast quarter (SE 1/4) said section to the
Southwest corner of the Southeast quarter (SE 1/4) of
the Northeast quarter (NE 1/4) said section, thence
West along the South line of the North one-half (1/2)
of said section to the West line of said section,
thence North along the West line to the Northwest
corner of the Southwest quarter (SW 1/4) of the
Northwest quarter (NW 1/4) said section, thence East
one hundred ninety-four and four tenths (194 .4) feet,
thence North parallel to the West line of said section
to the North line of said section, thence East to the
Northeast corner of said Section 20, thence continuing
East along the North line Section 21, Township 89,
Range 12 to the Northeast corner of said section,
thence North along the West line of Section 15,
Township 89, Range 12 to the Northwest corner of the
Southwest quarter (SW 1/4) of the Southwest quarter (SW
1/4) said section, thence East along the North line of
the Southwest quarter (SW 1/4) of the Southwest quarter
Resolution No . 2004-230
Page 2
uarter (1/4)
(SW 1/4) to the Northeast corner of said thence South al
the East
line o of theeSouthwest q
quarter (1/4) said sectuarter (SW 1/4) of the Southwest
quarter (SW 1/4) said section to its intersection with
the South line of the Chicago and Northwestern
Transportation Company Railroad right-of-way, thence
Northeasterly along said South right-of-way line to its
intersection with tthe Southweste East e of quarterhe(SW Southeast
quarter
saidter (Sti 1/4)saidof point also being a point on the
section, thence
cur
tnt llowingtthelcurre cu Line of rrent Corporateo Limits of
South following said line
said City to the South line of Section 1 , said 89,
also being the North line of Section 22 ,
Range 12 , thence continuing South along f the Northwehe East se
e
of the Northeast quarter (NE 1/4)quarter (NW 1/4) Ran e 12 to a
g
Section 22 , Township 89,
point that is 680 feeale outher of line the
680ofeetline
normallysaid
Section, thence West g 1500'±,
distant Southerly of section line approximatelyorth
thence North 4 0°01' i !f feet, thence 9North ,02°34 ' 5 5"thence NWest
15°32 ' 50" West 194 . 9
174 .45 feet, thence 2Nor e Ea3st 111 27, East feet to 5the South
. 17 feet,
thence North 57°10 ' 27"
of the Chicago Northwestern Transportation
Company, thence South 70°11' 41" West along said South
right-of-way line to a point that is 264 . 54 feet
Northeasterly of the West line Section 22 , thence South
86°28 ' 27" East 190 . 29 feet, thence South 73°13 ' 02" East
119 . 21 feet, thence South 61°04 ' 21" East 154 . 14 " feet,
thence South 40°08 ' 51" East 145 . 09 feet, thence South
24°47 ' 31" East 141 . 92 feet, thence South 9°45' 15" East
287 . 51 feet , thence South 0°06' West 261 . 27 feet,
thence South 14°18" West 256 . 24 feet, thence South
65 . 02 feet, thence West 766 feet to the East line of
North Elk Run Road, thence South 70 feet along said
right-of-way, thence East 391 feet, thence South 60
feet, thence East 130 feet, thence South 60 feet,
thence East 165 feet, thence South 0°07' 14" East 777 . 35
feet, thence South 81°02' 06" West 255 . 19 feet, thence
South 94 . 32 feet to the South line of the Northwest
ence West
South 1/4)
centerline ofd section, h North Elk along
Road,
South line to
which is also a point on the West line Section 22 ,
Township 89 , Range 12 , thence North along said West
line to the South line of the Chicago Northwestern
Transportation Company, thence Southwesterly along said
South right-of-way line through Section 21, Township
89 , Range 12 to its intersection with the West line of
,Southeast quaSectionrter (SE 21 , thence ) of the South alongtsa dtWestrtr li (NW
1/4)/4) ne to
the Northwest corner of the Northeast quarter (NE 1/4)
of the Southwest quarter (SW 1/4) said Section, thence
East along the North line of the Southwest quarter (SW
1/4) said section tc the center of Section 21 , said
point also being a point on the corporate limit line of
Waterloo, thence South along the East line of Southwest
quarter (1 /4) said sections to the South line of said
section, thence West along the South line Section 21 to
the point of heginndng, all in the City of Waterloo,
Black Hawk County, Iowa;
And,
Resolution No. 2004-230
Page 3
That part of Section 21 Township 89 Range 12 as
follows :
The Southeast % of said section, except the Southeast 14
of the Southeast % of said section, and except the East
332 feet of the South 693 feet of the Southwest 1/ of
the Southeast 1/ said section.
That part of Section 20 Township 89 Range 12 as
follows :
Beginning at a point on the West line of Section 20
Township 89 Range 12 , that is 990 ' North of the
Southwest corner of said section, thence North along
the West line of said section to the West % corner of
said section thence East along the centerline of said
section to the point where it intersects the Northwest
corner of the Northeast 1/, of the Southeast 1/ of said
section, thence South along the West line of the
Northeast 1/ of the Southeast 1/ of said section to the
South line of Union Pacific Railroad, thence
Southwesterly along said South right-of-way line to the
South line of the North % of the Northeast 1/ of the
Southwest 1/ of Section 20 Township 89 Range 13 , thence
East along the South line of North 3 of the Northeast 1/
of the Southwest 1/ and the South line of the North of
the Northwest 1/ of the Southeast 1/ to its intersection
with a line 66 feet West of and parallel to the West
line of the East of the Southeast 1/ said section,
thence South along said parallel line to the South line
of said Section, thence West along the South line of
said section to the centerline of Bishop Avenue, thence
Northerly along the centerline of Bishop Avenue, as now
established, to North line of the South 990' of said
section, thence West along the North line of the South
990 ' of said section to the point of beginning, all in
the City of Waterloo, Black Hawk County, Iowa;
And,
Part of Sections 15, 20 , 21, and 22, Township 89 North,
Range 12 West of the 5th Principal Meridian in Black
Hawk County, Iowa, described as follows :
All of Section 20 Township 89 Range 12 except that part
of the South 990 ' of said section lying West of the
centerline of Bishop Avenue, and except the West 194 .4
feet of the North 1 , 326 . 4 feet of said section.
All of Section 21 Township 89 Range 12 except the
Southeast % of the Southeast % said section, and except
the East 332 feet of the South 693 feet of the
Southwest 1/ of the Southeast 1/ of said section, and
except that part of said Section 21 that lies East of
the West % of said section, North of the South % of
said section, and South of the South line of the Union
Pacific Railroad right-of-way.
That part of Section 15 Township 89 Range 12 as
follows :
All of the Southwest % of the Southwest 1/ of said
section, and a _so that part of the Southeast 1/ of the
Southwest 4 lying Southerly of the South line of the
Union Pacific Railroad right-of -way.
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t of Section 22 Township 89 Range 12 as follows;
H O O O
H < t' t;
o s H egi ing at the point of intersection of the North
ca -trceelf said section and the East line of the Northwest
E-., s s section, thence South along the East line of the
0 d s •"' - st quarter (NE IA) of the Northwest quarter (NW
t� �n w c"tion 22 , Township 89, Range 12 to a point that is
oH
H pb8(6 fleet South of the North line said section, thence
s t' along a line 680 feet normally distant Southerly
O HH Election line approximately 1500 '±, thence North
. pp J°01' 01" West 166 . 19 feet, thence North 15 32 50�� West
0 b "--1 3 .'�. 1 feet, thence North 02°34 ' 55" West 174 . 45 feet,
t+ H H erne North 32°18 ' 09" East 115 . 17 feet, thence North
iO 3i2q ' 27" East 111 . 27 feet to the South line of the
t� H 'oar Pacific Railroad, thence South 70°11' 41" West
to s alone said South right-of-way line to a point that is
s R gA 04 feet Northeasterly of the West line Section 22 ,
�,re South 86°28 ' 27" East 190 . 29 feet, thence South
m x s73 1-� ' 02" East 119 . 21 feet, thence South 61°04 ' 21" East
viH 44 feet, thence South 40°08' 51" East 145 . 09 feet,
� r'ie South 24°47' 31" East 141 . 92 feet, thence South
CaH s 9 - 15" East 287 . 51 feet, thence South 0°06' West
7 feet, thence South 14°18" West 256 . 24 feet,
d n trrgrge South 65 . 02 feet, thence West 766 feet to the
H line of North Elk Run Road, thence South 70 feet
os H alr said right-of-way, thence East 391 feet, thence
Hb SoM.101 60 feet, thence East 130 feet, thence South 60
fe t, thence East 165 feet, thence South 0°07' 14" East
7fk 35 feet, thence South 81°02 ' 06" West 255 . 19 feet,
thence South 94 . 32 feet to the South line of the
Northwest quarter (NW '4) said section, thence West
along said South line to the centerline of North Elk
Run Road, which is also a point on the West line
Section 22 , Township 89, Range 12 , thence North along
said West line to the Northwest corner of said section,
thence East along the North line of said Section to the
point of beginning, all in the City of Waterloo, Black
Hawk County, 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 12th day of April , 2004 .
Tim Hurley, M or
ATTEST:
Nancy Eckert, City Clerk