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HomeMy WebLinkAbout2025-125-03.03.2025Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-125 A RESOLUTION SETTING DATE OF PUBLIC HEARING AS MARCH 17, 2025, FOR APPROVAL OF A DEVELOPMENT AGREEMENT WITH IOWA HEARTLAND HABITAT FOR HUMANITY, IN CONJUNCTION WITH THE SALE AND CONVEYANCE OF 406 RANDALL STREET LOCATED WITHIN THE CHURCH ROW NEIGHBORHOOD, WITH A GRANT OF $5,000.00 FOR INFILL HOUSING DEVELOPMENT FOR THE ADDITION OF A NEW SINGLE-FAMILY HOME, AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE. WHEREAS, the City of Waterloo is committed to encouraging housing development and revitalization within its neighborhoods, including the Church Row Neighborhood; and WHEREAS, Iowa Heartland Habitat for Humanity has proposed a Development Agreement involving the sale and conveyance of the property located at 406 Randall Street, enabling the construction of a new single-family home as part of the city's infill housing development strategy; and WHEREAS, the agreement includes a grant of $5,000.00 to support the development efforts and promote community revitalization; and WHEREAS, a public hearing is necessary to approve the Development Agreement and ensure transparency and community involvement in the decision -making process; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as follows: 1. That a public hearing shall be held on March 17, 2025, at the Harold E. Getty Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, for the approval of the Development Agreement with Iowa Heartland Habitat for Humanity, regarding the sale and conveyance of 406 Randall Street, and the provision of a $5,000.00 grant for infill housing development. 2. That the City Clerk is hereby directed to publish notice of said public hearing in accordance with applicable laws and city policies, ensuring adequate notice to the public. 3. This resolution shall become effective immediately upon its approval and adoption by the City Council. PASSED AND ADOPTED this 3rd day of March 2025. O9-tar SIGNED Quentin Hart, Mayor ATTEST: (eOEey Felchle SIB o Kelley Felchle, City Clerk SEAL 0 "VW tfed OWfir. mieriawar 1Vi