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HomeMy WebLinkAbout2011-383-05/09/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2011-383 RESOLUTION APPROVING LEASE AGREEMENT WITH WILLARD FROST AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Lease Agreement dated May 9, 2011, at a cost of $92.00 per acre for a total of $4,167.60 per year, to farm approximately 45.3 acres of city -owned land generally located adjacent to Martin Luther King Jr. Drive and Bishop Avenue in the Northeast Industrial Park, by and between Willard Frost of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 9th day of May, 2011. i"'(V- � �'e - a"4� Ernest G. Clark, Mayor ATTEST: uzy Schar s, MC City Clerk