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HomeMy WebLinkAbout2022-634-10.03.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2022-634 RESOLUTION APPROVING A FARM LEASE AGREEMENT WITH LANEHAVEN FARMS, INC. TO FARM APPROXIMATELY 169.91 ACRES OF LAND FROM MARCH 1, 2023 TO FEBRUARY 29, 2024, LOCATED AT THE SOUTHEAST CORNER OF HIGHWAY 20 AND ANSBOROUGH AVENUE, IN THE AMOUNT OF $300.00 PER ACRE, FOR A TOTAL YEARLY PAYMENT OF $50,973.00, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID AGREEMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Farm Lease Agreement dated October 3, 2022, between Lanehaven Farms, Inc. and the City of Waterloo, Iowa, to farm approximately 169.91 acres of land from March 1, 2023 to February 29, 2024, located at the southeast corner of Highway 20 and Ansborough Avenue, in the amount of $300.00 per acre, for a total yearly payment of $50,973.00, is hereby approved, and the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 3rd day of October 2022. Quentin Hart, Mayor ATTEST: LeAnn M. Even, CMC, IaCMC Deputy City Clerk SEAL