HomeMy WebLinkAbout2024-204-04.15.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-204
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
MAY 6, 2024, FOR THE SALE AND CONVEYANCE OF CITY -
OWNED PROPERTY LOCATED SOUTH OF 3620 WAGNER
ROAD, IN THE AMOUNT OF $1.00, TO 3 STOOGES LLC,
INCLUDING APPROVAL OF A DEVELOPMENT
AGREEMENT AND MINIMUM ASSESSMENT AGREEMENT
WITH A MINIMUM ASSESSED VALUE OF $500,000.00 FOR
THE CONSTRUCTION OF TWO COMMERCIAL BUILDINGS,
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 6th day of May 2024 to
approve the request for the sale and conveyance of city -owned property located south of 3620
Wagner Road, in the amount of $1.00, to 3 Stooges LLC, including approval of a Development
Agreement and Minimum Assessment Agreement with a minimum assessed value of
$500,000.00 for the construction of two commercial buildings.
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 15th day of May 2024.
Ray Feuss, Mayor Pro Tem
ATTEST:
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Kelley Felchle, City Clerk
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