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HomeMy WebLinkAbout2022-433-07.05.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-433 RESOLUTION APPROVING A BUSINESS PROPERTY LEASE WITH CRYSTAL DISTRIBUTION SERVICES, INC., IN THE AMOUNT OF $1.00 PER YEAR FOR FIVE (5) YEARS, FOR THE USE OF PROPERTY LOCATED AT 1442, 1508 AND 1620 SYCAMORE STREET, WITH A TERM ENDING JUNE 30, 2027, 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 Business Property Lease Agreement, dated July 5, 2022, between Crystal Distribution Services, Inc. and the City of Waterloo, Iowa, in the amount of $1.00 per year for five (5) years, for the use of property located at 1442, 1508 and 1620 Sycamore Street, with a term ending June 30, 2027, is hereby approved and the Mayor and City Clerk are authorized and directed to execute said document on behalf of the City of Waterloo. PASSED AND ADOPTED this 5th day of July 2022. Quentin Hart, Mayor ATTEST: LeAnn M. Even, CMC, IaCMC Deputy City Clerk SEAL