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HomeMy WebLinkAbout2024-588-10.07.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-588 RESOLUTION SETTING DATE OF THE PUBLIC HEARING AS OCTOBER 21, 2024, FOR APPROVAL OF A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY, IN CONJUNCTION WITH THE SALE AND CONVEYANCE OF FIVE VACANT LOTS LOCATED WITHIN THE WALNUT NEIGHBORHOOD, WITH A GRANT OF $15,000.00 FOR INFILL HOUSING DEVELOPMENT, AND DIRECT THE CITY CLERK TO PUBLISH NOTICE. WHEREAS, the Iowa Heartland Habitat for Humanity has proposed the development of infill housing within the Walnut Neighborhood, necessitating the sale and conveyance of five vacant city -owned lots; and WHEREAS, as part of this initiative, a grant of $15,000.00 will be provided to facilitate the development hereof; and WHEREAS, the proposed Development Agreement outlines the terms and conditions between the City and the Iowa Heartland Habitat for Humanity regarding said transactions and development activities. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. The Council of the City of Waterloo, Iowa, shall meet in the Harold E. Getty Council Chambers at City Hall, Waterloo, Iowa, at 5:30 p.m. on the 21' day of October 2024, to hold a public hearing for the above -mentioned sale and conveyance. 2. During the public hearing, interested parties may express their views regarding the proposed transaction. 3. The Planning and Zoning Department is hereby authorized and directed to prepare any necessary documentation, including but not limited to the Development Agreement, in connection with the proposed sale and conveyance. 4. The sale and conveyance are contingent upon the acceptance of the Development Agreement by both the City and Iowa Heartland Habitat for Humanity, which outlines the terms and conditions associated with the transaction. 5. The grant of $15,000.00 is designated strictly for costs associated with infill housing development on the specified lots. 6. The City Clerk is hereby directed to publish notice of said public hearing in accordance with the legal requirements outlined in Iowa Code Section 362.3. PASSED AND ADOPTED this 7th day of October 2024. ATTEST: Kelley Eelcfile Kelley Felchle, City Clerk SEAL WA INft ., k a0 62ccer cn 9 ar Quentin Hart, Mayor OW fr.. III 1E111 P101111111111 XVi