HomeMy WebLinkAbout2021-742-11.15.2021 (RECORDED) .1?
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Recorded: 12/30/2021 at 08:47:15 AM
Fee Amt: $7.00 Page 1 of 1
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2022-00013511
)( Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319)291-4323.
RESOLUTION NO. 2021-742
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH ZYDECO INVESTMENTS, LLC,
INCLUDING GRANT FUNDS OF $1,270,000.00, OPTION FOR
ACQUISITION OF LAND, TAX REBATES FOR FIFTEEN
YEARS AT FIFTY PERCENT, AND A MINIMUM
ASSESSMENT AGREEMENT OF $8,000,000, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,IOWA,
that the Development Agreement dated November 15, 2021, between Zydeco Investments, LLC
and the City of Waterloo, in conjunction with development of a new facility of 170,000 square
feet on the west side of the Waterloo Regional Airport, in the new Waterloo Air and Rail Park,
including grant funds of $1,270,000.00, option for acquisition of land, tax rebates for fifteen
years at fifty percent, and a Minimum Assessment Agreement of $8,000,000.00, is hereby
approved, and the Mayor and City Clerk are authorized and directed to execute said document on
behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 15th day of November 2021.
Quentin Hart, Mayor
ATTEST:
Kelley Felchle, City Clerk
CERTIFICATE
I, Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution 2021-742, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 15th day of November 2021.
Witness my hand and seal of office this 15th day of November 2021
SlUkED
Kelley Felchle, City Clerk
SEAL
74". 1
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Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2000013509
22-
*** Proof of Publication
Courier Communications NOTICE OF PUBLIC HEARING
TO WHOM IT MAY CONCERN:
100 East 4th Street, Waterloo, Iowa 50703 Notice is hereby given that on the 15th
day of November 2021. at 5:30 p.m. in
Black Hawk County the Harold E.Getty Council Chambers in
the City Hall in the City of Waterloo.Iowa.
a public heanng will be held by the
Council of the City of Waterloo. Iowa.to
authorize the sale and conveyance of
property located northeast of the Levers-
ee Road and Lake Street intersection.to
Zydeco Investments: LLC (for CPM
I do solemnly swear that the annexed copy of notice was published in plant), in the amount of S1,170.000.
the WATERLOO/CEDAR FALLS COURIER, a daily newspaper aclpudingeganttfu dsoptionfora acquisition
ment Agreement n
printed in WATERLOO, Black Hawk County, Iowa, and that the of laat nd.
percen t and rebates
for Mini umfAssesifteen sment
annexed rate of advertising is the regular legal rate of said Agreement at S8.000.000..for the devel-
opment of a 170.000 square foot building.
newspaper, and that the following is a correct bill for publishing said l3r2 de scBE CONVllows: LOT 4 OF
notice. WATERLOO AIR AND RAIL PARK
SECOND ADDITION
LAND WITH OPTION TO BE CON-
VEYED: LOT 5 OF WATERLOO AIR
Waterloo, City of - Legals AND RAIL PARK SECOND ADDITION
Anyone who is interested may appear at
said time and place and be heard or may
file written objection with the City Clerk,
City Hall.Waterloo.Iowa.before the date
715 MULBERRY ST. set for said hearing.
By order of the Council of the City of
Waterloo this 1st day of November 2021,
WATERLOO IA 50703 Kelley Felchle,City Clerk
ORDER NUMBER 205583
V V� •�----
Signed
Subscribed and sworn to before me this I Dday of Iv n\j ,counrykLcir?&13,p4kui\2
Notary Public
r
Received of , v — Watr r-L(�0
the sum of 18 • 35 Dollars in full
for publication of the above invoice.
Notary Seal: -P' s CARMEN MAE STEPHENS
i ` 4> �"r COMMISSION NO.833851
* * MY CyL1�MMISS10 IRES
%owa Lj
Section: Legals
Category: 950 Legal Notice
PUBLISHED ON: 11/05/2021
TOTAL AD COST: 18.38
FILED ON: 11/8/2021