HomeMy WebLinkAbout2024-409-07.15.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-409
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
AUGUST 5, 2024, FOR THE SALE AND CONVEYANCE OF
CITY -OWNED PROPERTY LOCATED SOUTHEAST OF 203
LAFAYETTE STREET, IN THE AMOUNT OF $5,000.00, TO
CEDAR RIVER RENAISSANCE, LLC, INCLUDING
APPROVAL OF A DEVELOPMENT AGREEMENT FOR THE
CONSTRUCTION A NEW DUPLEX AND REHABILITATION
OF THE PROPERTY LOCATED AT 203-205 LAFAYETTE
STREET, INCLUDING $5,000.00 PER NEW DWELLING UNIT
AND A DEVELOPMENT GRANT OF $50,000.00, 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 5th day of August 2024, to
hold a public hearing, in conjunction with the sale and conveyance of city -owned property
located southeast of 203 Lafayette Street, in the amount of $5,000.00, to Cedar River
Renaissance, LLC, including approval of a Development Agreement for the construction a new
duplex and rehabilitation of the property located at 203-205 Lafayette Street, including
$5,000.00 per new dwelling unit and a development grant of $50,000.00.
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 July 2024.
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
62ae a 9-(Cr(
Quentin Hart, Mayor