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HomeMy WebLinkAbout2023-457-08.07.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-457 RESOLUTION SETTING THE DATE OF PUBLIC HEARING AS AUGUST 21, 2023, FOR THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY LOCATED NEAR 1714 RIVER STREET IN THE AMOUNT OF $1.00, AND TO APPROVE A DEVELOPMENT AGREEMENT WITH C & C WELDING, INC., WITH A MINIMUM ASSESSMENT AGREEMENT OF $550,000.00 FOR THE CONSTRUCTION OF A 10,000 SQUARE FOOT INDUSTRIAL BUILDING, AND INSTRUCT 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, meet in the Harold E. Getty Council Chambers at City Hall, Waterloo, Iowa, at 5:30 p.m. on the 21' day of August 2023, to hold a public hearing, in conjunction with the sale and conveyance of city -owned property located near 1714 River Street in the amount of $1.00, and to approve a Development Agreement with C & C Welding, Inc., with a Minimum Assessment Agreement of $550,000.00 for the construction of a 10,000 square foot industrial building. 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 7th day of August 2023. ATTEST: Quentin Hart, Mayor K,elley Felchle Kelley Felchle, City Clerk SEAL 4 G