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HomeMy WebLinkAbout2024-715-12.02.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-715 A RESOLUTION SETTING DATE OF PUBLIC HEARING AS DECEMBER 16, 2024, FOR APPROVAL OF A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY, IN CONJUNCTION WITH THE SALE AND CONVEYANCE OF 408 VERMONT STREET LOCATED WITHIN THE CHURCH ROW NEIGHBORHOOD, WITH A GRANT OF $5,000.00 FOR INFILL HOUSING DEVELOPMENT FOR THE REHABILITATION OF A SINGLE-FAMILY HOME, AND WITH A GRANT OF UP TO $16,885.00 TO COVER THE COSTS OF ASBESTOS MITIGATION, AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE. WHEREAS, the City of Waterloo, Iowa, is considering entering into a Development Agreement with Iowa Heartland Habitat for Humanity in conjunction with the sale and conveyance of property located at 408 Vermont Street within the Church Row Neighborhood; and WHEREAS, the agreement provides for a grant of $5,000.00 to support infill housing development for the rehabilitation of a single-family home; and WHEREAS, an additional grant of up to $16,885.00 is included to cover costs associated with asbestos mitigation at the said property; and WHEREAS, a public hearing is required to approve the Development Agreement and hear from interested citizens before the finalization of such agreements, ensuring transparency and community involvement. 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 16th day of December 2024, for the purpose of considering the approval of the Development Agreement with Iowa Heartland Habitat for Humanity, relating to 408 Vermont Street. 2. Public hearing discussions will include the consideration of the $5,000.00 grant for infill development and the discretionary grant of up to $16,885.00 for asbestos mitigation coverage. law. The City Clerk is hereby directed to publish notice of said public hearing as required by 4. This resolution shall take effect upon its passage and approval. PASSED AND ADOPTED this 2nd day of December 2024. Quem1iji »zrE Quentin Hart, Mayor Resolution 2024-715 Page 2 ATTEST: Kelley Felchle Kelley Felchle, City Clerk