HomeMy WebLinkAbout2022-312-06.06.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-312
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
JUKE 20, 2022 FOR THE SALE AND CONVEYANCE OF CITY
PROPERTY LOCATED WEST OF 3180 WEST AIRLINE
HIGHWAY, IN THE AMOUNT OF $1.00, TO AIRLINE
STORAGE, LLC, FOR THE CONSTRUCTION OF FOUR (4),
8,000 SQUARE FOOT STORAGE BUILDINGS, WITH
REBATES OF FIVE (5) YEARS AT 50 PERCENT FOR PHASE
II, WITH APPROVAL OF A DEVELOPMENT AND MINIMUM
ASSESSMENT AGREEMENT, IN THE AMOUNT OF
$710,000.00, FOR PHASE I, AND AUTHORIZE 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 20`h day of June 2022,
to approve the sale and conveyance of City property located west of 3180 West Airline Highway,
in the amount of $1.00, to Airline Storage, LLC, for the construction of four (4), 8,000 square
foot storage buildings, with rebates of five (5) years at 50 percent for phase II, with approval of a
Development and Minimum Assessment Agreement, in the amount of $710,000.00, for phase I.
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 6th day of June 2022.
Quentin Hart, Mayor
ATTEST:
LeAnn M. Even, CMC, IaCMC
Deputy City Clerk
SEAL