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HomeMy WebLinkAbout2024-482-08.19.2024 (RECORDED) 2024-21131 RECORDED: 10/01/2024 03:34:57 PM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA 3A2Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-482 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE CONSTRUCTION OF RESIDENTIAL UNITS AT 512 ALMOND STREET, INCLUDING A $5,000.00 INFILL INCENTIVE FOR EACH UNIT, $37,000.00 IN ACQUISITION FEES, AND DEMOLITION OF THE EXISTING STRUCTURE, 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 Development Agreement dated August 19, 2024, between Iowa Heartland Habitat for Humanity and the City of Waterloo, for the construction of residential units at 512 Almond Street, including a$5,000.00 infill incentive for each unit, $37,000.00 in acquisition fees, and demolition of the existing structure, and legally described as follows: LOTS 6 AND 9, BLOCK 68, COOLEY ADDITION, CITY OF WATERLOO, BLACK HAWK COUNTY 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 19th day of August 2024. LY SIGNED ATTEST: Ray Feuss, Mayor Pro Tem 'Yf/v9/ej, �/ & GIG1TAlD tYuti SIGNED v/. LeAnn M. Even, Deputy City Clerk CERTIFICATE I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2024-482 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19`h day of August 2024. Witness my hand and seal of office on this 19t day of August 2024. ,21 &Y e.n. DlG1TAtlY ' SIGNEO SEAL LeAnn M. Even, Deputy City Clerk 044 0 oe t.r .,srrrx ', . .. .., 0' 1 it,. 1111/1111 I'1111 • 482Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-482 RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE CONSTRUCTION OF RESIDENTIAL UNITS AT 512 ALMOND STREET, INCLUDING A $5,000.00 INFILL INCENTIVE FOR EACH UNIT, $37,000.00 IN ACQUISITION FEES, AND DEMOLITION OF THE EXISTING STRUCTURE, 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 Development Agreement dated August 19, 2024, between Iowa Heartland Habitat for Humanity and the City of Waterloo, for the construction of residential units at 512 Almond Street, including a $5,000.00 infill incentive for each unit, $37,000.00 in acquisition fees, and demolition of the existing structure, and legally described as follows: LOTS 6 AND 9, BLOCK 68, COOLEY ADDITION, CITY OF WATERLOO, BLACK HAWK COUNTY 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 19th day of August 2024. ATTEST: %914142 t�VliZ LeAnn M. Even, Deputy City Cler CERTIFICATE -kG,1 Peu.55 Ray Feuss, Mayor Pro Tem L)Dicimuy I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2024-482 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19th day of August 2024. Witness my hand and seal of office on this 19th day of August 2024. SEAL o w )14- 0 0 44, Amu H111l1lI1111l1 -5e„glip f2 a7ePL LeAnn M. Even, Deputy City Cler