HomeMy WebLinkAbout2023-047-01.17.2023Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-047
RESOLUTION APPROVING A DEVELOPMENT
AGREEMENT WITH HABITAT FOR HUMANITY AND THE
415 WALNUT COLLECTIVE, FOR THE REHABILITATION
OF THREE RESIDENTIAL UNITS, LOCATED AT 415
WALNUT STREET, APPROVING A DEVELOPMENT GRANT
IN THE AMOUNT OF $5,000.00 PER UNIT, 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 January 17, 2023, between Habitat for Humanity and The
415 Walnut Collective, approving a Development Grant in the amount of $5,000.00 per unit, for
the rehabilitation of three residential units, located at 415 Walnut Street, and legally described as
follows:
LOTS 1 AND 2; ALL THAT PART OF LOTS 3, 4, 5 LYING WITHIN THE
FOLLOWING DESCRIBED BOUNDARIES: COMMENCING AT THE
NORTHWEST COMER OF SAID LOT 3; THENCE EAST ALONG THE NORTH
LINE OF SAID LOT 3 A DISTANCE OF20 FEET; THENCE SOUTH ALONG A LINE
WHICH IS 20 FEET EAST OF AND PARALLEL WITH THE WEST LINE OF SAID
LOTS 3 AND 4 AND AN EXTENSION THEREOF TO THE SOUTH LINE OF SAID
LOT 5; THENCE WEST ALONG THE SOUTH LINE OF SAID LOT 5 TO AN
ANGLE POINT IN SAID LOT; THENCE SOUTHWESTERLY ALONG THE
SOUTHEASTERLY LINE OF SAID LOT TO THE SOUTHWESTERLY LINE OF
SAID LOT; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE
OF SAID LOT TO THE MOST WESTERLY COMER OF SAID LOT; THENCE
NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID LOT TO AN
ANGLE POINT IN SAID LOT; THENCE NORTH ALONG THE WEST LINE OF
SAID LOTS 5, 4 AND 3 TO THE POINT OF BEGINNING; ALL THAT PART OF
LOT 6 LYING WITHIN THE FOLLOWING DESCRIBED BOUNDARIES:
COMMENCING AT A POINT IN THE SOUTHWESTERLY LINE OF SAID LOT
WHICH IS 26 FEET NORTHWESTERLY OF THE MOST WESTERLY COMER OF
LOT 7; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF
SAID LOT 6 TO THE MOST WESTERLY COMER OF SAID LOT; THENCE
NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID LOT TO
THE ANGLE POINT IN SAID LOT; THENCE EAST ALONG THE NORTH LINE OF
SAID LOT A DISTANCE OF 12.9 FEET; THENCE SOUTH TO THE PLACE OF
BEGINNING; ALL IN "N. 0. MUNGER'S SUBDIVISION", OF BLOCK 79 OF THE
COOLEY ADDITION IN THE CITY OF WATERLOO, IOWA.
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 17th day of January 2023.
Ray Feuss, Mayor Pro Tem
ATTEST:
7(elley Felcile
Kelley Felchle, City Clerk
Resolution 2023-047
Page 2
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 No. 2023-047 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 17th day of January 2023.
Witness my hand and seal of office this 17th day of January 2023.
Kelley Eelchle
Kelley Felchle, City Clerk
SEAL
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