HomeMy WebLinkAbout2022-103-02.21.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, 319-291-4323.
RESOLUTION NO. 2022-103
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
MARCH 7, 2022, TO AUTHORIZE THE SALE AND
CONVEYANCE OF PROPERTY LOCATED ON THE
EASTERLY END OF WARP DRIVE, TO TOP NOTCH AND
CONSTRUCTION, LLC, IN THE AMOUNT OF $1.00, AND TO
APPROVE A DEVELOPMENT AGREEMENT AND MINIMUM
ASSESSMENT AGREEMENT IN THE AMOUNT OF
$250,000.00, FOR THE DEVELOPMENT OF A 4,800 SQUARE
FOOT BUILDING WITH ADDITIONAL PHASES, 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 7th day of March 2022,
to authorize the sale and conveyance of property located on the easterly end of Warp Drive, to
Top Notch and Construction, LLC, in the amount of $1.00, and to approve a Development
Agreement and Minimum Assessment Agreement in the amount of $250,000.00, for the
development of a 4,800 square foot building with additional phases.
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 21st day of February 2022.
Ray Feuss, Mayor Pro Tem
ATTEST:
Kelley FelCFile
DIGITALLY
SIGNED
Kelley Felchle, City Clerk