HomeMy WebLinkAbout2022-509-08.01.2022 (RESCINDED) IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII ''
Doc ID: 011837650002 Type: GEN
Recorded: 09/22/2022 at 03:42:04 PM
Fee Amt: $12.00 Page 1 of 2
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2023-00005047
*Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-509
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF PROPERTY IN THE SOUTH WATERLOO BUSINESS
PARK, IN THE AMOUNT OF $1.00, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
WHEREAS, the City of Waterloo, Iowa is the legal owner of City owned property,
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, and legally described
as follows:
PROPERTY TO BE DESCRIBED BY SURVEY, CONSISTING GENERALLY
OF APPROXIMATELY 10.4 ACRES LYING WITHIN THE EAST 350 FEET
OF THE NORTH 120 ACRES OF THE SOUTHWEST QUARTER OF
SECTION 9, TOWNSHIP 88 NORTH, RANGE 13 WEST OF THE 5TH P.M.,
BLACK HAWK COUNTY, IOWA.
and,
WHEREAS, an offer to purchase said parcels of real property, in the amount of$1.00,
has been made by International Investment Risk Trust, LLC, and
WHEREAS, a public hearing was held on August 1, 2022 at 5:30 p.m., as provided by
law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo, Iowa,to International Investment Risk Trust, LLC, 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 in the South Waterloo Business Park, in the City of
Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier July 22, 2022,
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 International Investment Risk Trust, LLC, to purchase the property
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, for the sum of$1.00,
is hereby accepted, for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcels of real property to International
Investment Risk Trust, LLC, by quit claim deed, free and clear of all encumbrances arising by or
through City except: (a) easements, servitudes, conditions and restrictions of record; (b) general
utility and right-of-way easements, serving the Property; and (c) restrictions imposed by the City
zoning ordinances and other applicable law.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said quit claim deed, fully executed and acknowledged, is hereby
approved and confirmed by this Council.
(i �-)
Resolution 2022-509
Page 2
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to International Investment Risk Trust, LLC, upon receipt of the
sum of$l.00.
PASSED AND ADOPTED this 21' day of August 2022.
Qa2 U• Z I Oil Iv
(� SIGNED
Quentin Hart, Mayor
ATTEST:
R1eCCey Fecchle „` Y
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. 2022-509 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 1"day of August 2022.
Witness my hand and seal of office this 1"day of August 2022.
elCey Fe1ch[e
SIGNr4
Kelley Felchle, City Clerk
SEAL
11v��1 I
#4I
•: 4ER1% '
"►
11131\11111111111
Doc ID: 011837640001 Type: GEN
Recorded: 09/22/2022 at 03:41:34 PM
Fee Amt: $7.00 Page 1 of 1
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2023-00005046
N.Cv t\ W kma
*** Proof of Publication ***
State of Iowa NOTICE OF PUBLIC HEARING once is
hereby given that on the 1s1 day of
Black Hawk CountyAugust 2022,at 5:30 p.m.,in the Herold
E.Gedy Council Chambers,in City Hall in
the City of Waterloo. Iowa, a public
hearing will be held by the Council of the
City of Waterloo, Iowa, to consider
approval of a Development and 5-year
Business Property Lease Agreement with
International Investment Risk Trust,LLC,
for the lease/conveyance of land in the
South Waterloo Business Park for
multiple data containers/centers and
Waterloo, City of- Legals rights to additional land in the South
Waterloo Business Park for future proj-
ects, In the amount of $1,000.00 per
month, and option to purchase property
for$1.00.legally described as follows:
PROPERTY TO BE DESCRIBED BY
715 MULBERRY ST. SURVEY, CONSISTING GENERALLY
OF APPROXIMATELY 10.4 ACRES
LYING WITHIN THE EAST 350 FEET OF
WATERLOO IA 50703 THE NORTH 120 ACRES OF THE
SOUTHWEST QUARTER OF SECTION
9, TOWNSHIP 88 NORTH, RANGE 13
WEST OF THE 5TH P.M.,BLACK HAWK
COUNTY,IOWA.
ORDER NUMBER 215115 Anyone who is interested may appear at
said time and place and be heard or may
file written objection with the City Clerk,
City Hall,Waterloo.Iowa.before the date
set for said hearing.
The undersigned, being duly sworn, on oath, do depose and say that I aim
erlorthsl8thdayofJuiyf,120022 ty of
am an authorized employee of the Waterloo Cedar Falls Courier, that Kahn W tenl CIowa
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: 07/22/2022
TOTAL AD COST: 21.66
FILED ON: 7/22/2022
That the issues of said paper containing said notice were duly
circulated in the regular manner.
AAA
Notary Public in and for S d County
MICHELLE GRAHAM
o Commission Number 837641
Z My Commission Expires
ioye- February 23,2025
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-509
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF PROPERTY IN THE SOUTH WATERLOO BUSINESS
PARK, IN THE AMOUNT OF $1.00, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
WHEREAS, the City of Waterloo, Iowa is the legal owner of City owned property,
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, and legally described
as follows:
PROPERTY TO BE DESCRIBED BY SURVEY, CONSISTING GENERALLY
OF APPROXIMATELY 10.4 ACRES LYING WITHIN THE EAST 350 FEET
OF THE NORTH 120 ACRES OF THE SOUTHWEST QUARTER OF
SECTION 9, TOWNSHIP 88 NORTH, RANGE 13 WEST OF THE 5TH P.M.,
BLACK HAWK COUNTY, IOWA.
and,
WHEREAS, an offer to purchase said parcels of real property, in the amount of $1.00,
has been made by International Investment Risk Trust, LLC, and
WHEREAS, a public hearing was held on August 1, 2022 at 5:30 p.m., as provided by
law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo, Iowa, to International Investment Risk Trust, LLC, 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 in the South Waterloo Business Park, in the City of
Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier July 22, 2022,
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 International Investment Risk Trust, LLC, to purchase the property
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, for the sum of $1.00,
is hereby accepted, for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcels of real property to International
Investment Risk Trust, LLC, by quit claim deed, free and clear of all encumbrances arising by or
through City except: (a) easements, servitudes, conditions and restrictions of record; (b) general
utility and right-of-way easements, serving the Property; and (c) restrictions imposed by the City
zoning ordinances and other applicable law.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said quit claim deed, fully executed and acknowledged, is hereby
approved and confirmed by this Council.
Resolution 2022-509
Page 2
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to International Investment Risk Trust, LLC, upon receipt of the
sum of $1.00.
PASSED AND ADOPTED this 21st day of August 2022.
ATTEST:
Kelley Felchle, City Clerk
CERTIFICATE
Que 9zr�
DIGITALLY
SIGNED
Quentin Hart, Mayor
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. 2022-509 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 1st day of August 2022.
Witness my hand and seal of office this 1st day of August 2022.
Kelley Felchle, City Clerk
SEAL
41/4
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-509
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF PROPERTY IN THE SOUTH WATERLOO BUSINESS
PARK, IN THE AMOUNT OF $1.00, AND AUTHORIZING
THE MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
WHEREAS, the City of Waterloo, Iowa is the legal owner of City owned property,
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, r nd legally described
as follows:
PROPERTY TO BE DESCRIBED BY SURVEY, CONSISTING GENERALLY
OF APPROXIMATELY 10.4 ACRES LYING WITHIN THE EAST 350 FEET
OF THE NORTH 120 ACRES OF THE SOUT14WEST QUARTEV OF
SECTION 9, TOWNSHIP 88 NORTH, RANGE 13 WEST OF THE 5TH P.M.,
BLACK HAWK COUNTY, IOWA.
and, WE
WHEREAS, an offer to purchase sa arcels o al pr ' in the amount of$1.00, has
been made by International Investment k
Im/l/
,. //////oioa„r
WHEREAS, a public hearing was held on August 1, 2022 at 5:30 p.m., as provided by
law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo, Iowa, to International Investment Risk Trust, LLC, 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 WATER R 00 IOWA, A FOLLOWS:
1. The City owned p�perty, located in the South Waterloo Business Park, in the City of
Waterloo, Iowa, as frilly described in the published notice in the Waterloo Courier July 22, 2022,
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 International Investment Risk Trust, LLC, to purchase the property
located in the South Waterloo Business Park, in the City of Waterloo, Iowa, for the sum of$1.00,
is hereby accepted, for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcels of real property to International
Investment Risk Trust, LLC, by quit claim deed, free and clear of all encumbrances arising by or
through City except: (a) easements, servitudes, conditions and restrictions of record; (b) general
utility and right-of-way easements, serving the Property; and (c) restrictions imposed by the City
zoning ordinances and other applicable law.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said quit claim deed, fully executed and acknowledged, is hereby
approved and confirmed by this Council.
Resolution 2022-509
Page 2
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to International Investment Risk Trust, LLC, upon receipt of the
sum of$1.00.
PASSED AND ADOPTED this 21" day of August 2022.
Quentin Hart, Mayor
ATTEST:
Kelley Felchle, City Clerkii���
CERTIFICATE
I, Kelley Felchle, City Clerk of the City off aterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2022-509 as passed and adopted by the
City Council of the City of Waterloo Iow, on the 1st day of/August 2022.
Witness my hand and seal of f ice 1` 4,of August 2022.
Kelley Felchle, City Clerk
SEAL
V.
VOW
ji