HomeMy WebLinkAbout2023-438-07.17.2023 (RECORDED) 1IIIIIII IIIIII III IIIII IIIII IIIII IIIII IIIII IIIII IIIII II 1 Jill IIIII IIIII III III
Doc ID: 011980920003 Type: GEN
Recorded: 07/25/2023 at 03:46:58 PM
Fee Amt: $17.00 Paqe 1 of 3
Black Hawk County Iowa
SANDIE L. SMITH RECORDER 1 i G
File2024._00001126
*Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-438
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY-OWNED PROPERTY LOCATED AT THE
SOUTHEAST CORNER OF LEVERSEE ROAD AND HYPER
DRIVE TO 3 STOOGES, LLC, IN THE AMOUNT OF $1.00,
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENTS, AND
RESCINDING RESOLUTION NO. 2023-247.
WHEREAS, the City of Waterloo, Iowa is the owner of property located at the southeast
corner of Leversee Road and Hyper Drive, in the City of Waterloo, Iowa, and legally described as
follows:
LOTS 1 AND 2, WATERLOO AIR AND RAIL PARK 2ND ADDITION,
EXCEPT THE SOUTH 145.15 FEET, CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA
WHEREAS, an offer to purchase said city-owned property, in the amount of$1.00, has
been made by 3 Stooges, LLC, and
WHEREAS, a public hearing was held on July 17, 2023 at 5:30 p.m. in the Harold E.
Getty Council Chambers, City Hall, Waterloo, Iowa, as provided by law, by the Council of the
City of Waterloo, Iowa, on the proposal to sell and convey premises owned by the City of
Waterloo, Iowa, to 3 Stooges, LLC, for the construction of a 50,000 square foot warehouse, and
WHEREAS, it is the opinion of this Council that the sale and conveyance should be made
as proposed.
NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COUNCIL OF THE CITY
OF WATERLOO, IOWA,AS FOLLOWS:
1. The city-owned property located at the southeast corner of Leversee Road and Hyper
Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo
Courier on July 8, 2023, is not presently needed, and will not be needed in the foreseeable future
for municipal purposes, and its ownership is serving no municipal purpose.
2. That the offer of 3 Stooges, LLC, to purchase the city-owned property, in the amount
of $1.00, located at the southeast corner of Leversee Road and Hyper Drive, in the City of
Waterloo, Iowa, is hereby accepted for said property.
3. That the City of Waterloo, Iowa conveys said parcel of real property to 3 Stooges,
LLC by special warranty deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said special warranty deed, fully executed and acknowledged, is
hereby approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to 3 Stooges, LLC, upon execution of said document and receipt
of payment of$1.00.
7. That Resolution No. 2023-247 is hereby rescinded in its entirety.
( i,
3
Resolution 2023-438
Page 2
PASSED AND ADOPTED this 17th day of July 2023 QueftWz 91ir1 S6GIVED
Quentin Hart, Mayor
ATTEST:
Kelley Eefchle tsTtA1""
Kelley Felchle, City Clerk
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. 2023-438 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 17th day of July 2023.
Witness my hand and seal of office this 17th day of July 2023.
Belle Felchle °' 6
y �E���11
Kelley Felchle, City Clerk
SEAL
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*** Proof of Publication ***
State of Iowa NOTICE OF PUBLIC HEARING
TO WHOM IT MAY CONCERN:
Black Hawk CountyNotice is hereby given that on the 17th
day of July 2023, at 5:30 p.m., In the
Harold E.Getty Council Chambers In the
City Hall in the City of Waterloo,Iowa,a
public hearing will be held by the Council
of the City of Waterloo,Iowa,for the safe
and conveyance of City-owned property
in the amount of$1.00, located at the
southeast corner of Leversee Road and
Hyper Drive, for the construction of a
50,000 square foot warehouse,including
a Development Agreement and Minimum
Waterloo, City of- Legals Assessment Agreement with 3 Stooges,
LLC with a minimum assessed value of
$1,450,000.00 and tax rebates of 5 years
Accounts Payable at 50%, and rescinding Resolutions
2023-247 and 2023-248 in their entirety,
legally described as follows:
715 MULBERRY ST. Lots 1 and 2,Waterloo Air and Rail Park
2nd Addition, except the south 145.15
WATERLOO IA 50703 feet, City of Waterloo, Black Hawk
County,Iowa.
Anyone who is interested may appear at
said time and place and be hoard or may
file written objection with the City Clerk,
ORDER NUMBER 226503 City Hall,Waterloo,Iowa,before the date
set for said
id hearing.
By order of the Council of the City of
Waterloo this'3rd'day of July2023.
Kelley Felchle,City Clerk
The undersigned, being duly sworn, on oath, do depose and say that I City of Waterloo.Iowa
am an authorized employee of the Waterloo Cedar Falls Courier, that
The Waterloo Cedar Falls Courier is a weekly newspaper regularly
published and printed in the English language in the City of Waterloo,
Black Hawk County, Iowa, and has a general circulation in the said
city and county; and that I personally know that the notice, a true copy
of which is hereto affixed, was published in the Waterloo Cedar Falls
Courier on the following days, to-wit:
Section: Legals
Category: 950 Legal Notice
PUBLISHED ON: 07/08/2023
TOTAL AD COST: 39.32
FILED ON: 7/10/2023
That the issues of said paper containing said notice were duly
circulated in the regular manner.
DANINE GLASCOCK
trOAL
ilbLt Commission Number 810108
My Commission Expires
*/0*I April 17,2024
Notary Public in and for Said County