HomeMy WebLinkAbout2016-326-5/9/2016 Prepared by Nancy Higby, Administrative Secretary, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2016-326
RESOLUTION FIXING THE TIME AND PLACE OF HEARING
AND NOTICE TO BE GIVEN TO APPROVE THE EXCHANGE
AGREEMENT AND ASSIGNMENT OF REAL ESTATE
CONTRACT BETWEEN CITY OF WATERLOO AND L & H
FARMS, LTD. FOR THE ACQUISITION OF 10.16 ACRES OF
LAND IN BLACK HAWK COUNTY FOR THE SUM OF
$338,625 IN EXCHANGE FOR PROPERTY IN THE SAN
MARNAN TIF DISTRICT, AS MAY 23, 2016, AT 5:30 P.M. IN
HAROLD E. GETTY COUNCIL CHAMBERS, CITY HALL,
WATERLOO, IOWA, AND INSTRUCTING THE CITY CLERK
TO PUBLISH THE NOTICE OF HEARING.
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 shall meet in Harold E. Getty
Council Chambers, City Hall, Waterloo, Iowa at 5:30 p.m. on the 23`d day of May, 2016, for the
purpose of considering and acting upon an Exchange Agreement and Assignment of Real Estate
Contract between City of Waterloo and L & H Farms, Ltd. for the acquisition of 10.16 acres of
land in Black Hawk County for the sum of $338,625 in exchange for property in the San
Marnan TIF District, and legally described as follows:
The Northeast Quarter of the Southeast Quarter(NE 1/4 SE 1/4) of Section 10, Township 87
North, Range 14 West of the 5th P.M. in Black Hawk County, Iowa, except the part
thereof described in the Plat of Survey recorded as Doc.No. 2014-04688.
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 9th day of May, 2016.
Quentin Hart, Mayor
ATTEST:
Suzy Sc --s, CMC'
City Cle