HomeMy WebLinkAbout2024-135-03.04.2024 (RECORDED) 2025-01737
RECORDED:02/06/2025 02:13:24 PM
RECORDING FEE:$7.00
REVENUE TAX:$
COMBINED FEE:$7.00
SANDIE L.SMITH,RECORDER
BLACK HAWK COUNTY,IOWA
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319)291-4323.
RESOLUTION NO. 2024-135
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AND MINIMUM ASSESSMENT
AGREEMENT WITH AIRLINE STORAGE, LLC,
ORIGINALLY APPROVED JUNE 20, 2022, TO EXTEND THE
DATE TO COMPLETE PHASE I TO DECEMBER 31, 2024,
PHASE II COMPLETION TO DECEMBER 31, 2025, AND
EXERCISING THE OPTION FOR PHASE II PROPERTY ON
OR BEFORE SEPTEMBER 30, 2024, FOR PROPERTY
LOCATED AT 3318 WEST AIRLINE HIGHWAY, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
AS FOLLOWS:
1. That the amendment to the Development and Minimum Assessment Agreement
originally approved June 20, 2022, between Airline Storage, LLC, and the City of Waterloo,
Iowa, to extend the date to complete Phase Ito December 31, 2024, Phase II completion to
December 31, 2025, and exercising the option for Phase II property on or before September 30,
2024, for property located at 3318 West Airline Highway, is hereby approved.
2. That the Mayor and City Clerk are authorized and directed to execute said documents
on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 4th day of March 2024.
Queftlt/z ���/ OIGITAIIY
Iw//✓ SIGNED
ATTEST: Quentin Hart, Mayor
7(e(Ley L eCc/G1Te I6lDNEDITA I
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Kelley Felchle, City Clerk
CERTIFICATE
I, Kelley Felchle, Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2024-135 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 4th day of March 2024.
Witness my hand and seal of office this 4th day of March 2024.
Kelley Felchle
SIGNED
SEAL Kelley Felchle, City Clerk
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Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-135
RESOLUTION APPROVING AN AMENDMENT TO THE
DEVELOPMENT AND MINIMUM ASSESSMENT
AGREEMENT WITH AIRLINE STORAGE, LLC,
ORIGINALLY APPROVED JUNE 20, 2022, TO EXTEND THE
DATE TO COMPLETE PHASE I TO DECEMBER 31, 2024,
PHASE II COMPLETION TO DECEMBER 31, 2025, AND
EXERCISING THE OPTION FOR PHASE II PROPERTY ON
OR BEFORE SEPTEMBER 30, 2024, FOR PROPERTY
LOCATED AT 3318 WEST AIRLINE HIGHWAY, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
AS FOLLOWS:
1. That the amendment to the Development and Minimum Assessment Agreement
originally approved June 20, 2022, between Airline Storage, LLC, and the City of Waterloo,
Iowa, to extend the date to complete Phase I to December 31, 2024, Phase II completion to
December 31, 2025, and exercising the option for Phase II property on or before September 30,
2024, for property located at 3318 West Airline Highway, is hereby approved.
2. That the Mayor and City Clerk are authorized and directed to execute said documents
on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 4th day of March 2024.
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
CERTIFICATE
Qaeftrz 9zr�
Quentin Hart, Mayor
I, Kelley Felchle, Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2024-135 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 4th day of March 2024.
Witness my hand and seal of office this 4th day of March 2024.
SEAL
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Kelley Felchle
Kelley Felchle, City Clerk