HomeMy WebLinkAbout2025-192-04.07.2025Docusign Envelope ID: ElFF0F93-3B01-482D-A407-31FCA1796F00
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-192
A RESOLUTION SETTING DATE OF PUBLIC HEARING AS
APRIL 21, 2025, TO AUTHORIZE THE SALE AND
CONVEYANCE OF CITY -OWNED PROPERTY LOCATED
NORTH OF 2119 WEST 8TH STREET IN THE AMOUNT OF
$5,000.00 TO ARCH HOMES, LLC, AND A DEVELOPMENT
AGREEMENT FOR THE CONSTRUCTION OF A TWIN -
HOME WITH AN APPROXIMATE VALUE OF $360,000.00
AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE.
WHEREAS, the City of Waterloo owns property located north of 2119 West 8th Street,
which is available for sale and development; and
WHEREAS, Arch Homes, LLC has proposed to purchase this property for $5,000.00 and
has committed to constructing a twin -home with an approximate market value of $360,000.00;
and
WHEREAS, a Development Agreement will be executed to specify terms and conditions
of the sale and the construction project to ensure it aligns with city development goals and
standards; and
WHEREAS, a public hearing is mandated by city policies for the conveyance of city -
owned property, which ensures transparency and public participation in decisions affecting local
land use and development;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. A public hearing shall be held on April 21, 2025, at 5:30 P.M., in the Harold E. Getty
Council Chambers, to discuss the proposed sale and conveyance of the city -owned property to
Arch Homes, LLC, and the related Development Agreement.
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. All citizens and interested parties are invited to attend and participate in the hearing to
express their views regarding the proposed Site Plan Amendment.
4. This resolution shall become effective immediately upon its approval and adoption by
the City Council.
PASSED AND ADOPTED this 7th day of April 2025. Signed by:
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Ray teuss, `Mayor Pro Tem
ATTEST:
p-DocuSigned by:
Kdity. F
ei%y r'e c` ire 4tity Clerk
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