HomeMy WebLinkAbout2025-215-04.07.2025 (RECORDED) Docusign Envelope ID: 185E4890-B83E-4C6A-9885-D34382476435 2025-06114
RECORDED:05/06/2025 01:54:56 PM
RECORDING FEE:$12.00
REVENUE TAX:$
COMBINED FEE:$12.00
SANDIE L.SMITH,RECORDER
BLACK HAWK COUNTY,IOWA
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319)291-4323.
RESOLUTION NO. 2025-215
A RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH
IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE
CONSTRUCTION OF A NEW SINGLE-FAMILY HOME IN THE CHURCH
ROW NEIGHBORHOOD ON W. MULLAN AVE., SOUTH OF RANDOLPH
STREET, INCLUDING A $5,000.00 INFILL INCENTIVE AND $5,850.00 IN
ACQUISITION REIMBURSEMENT FEES, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo is committed to promoting affordable housing and
urban renewal within its neighborhoods; and
WHEREAS, Iowa Heartland Habitat for Humanity proposes to construct a new single-
family home in the Church Row Neighborhood on W. Mullan Ave., south of Randolph Street;
and
WHEREAS,the City of Waterloo acknowledges the benefits of infill development and
supporting community housing projects; and
WHEREAS, a Development Agreement has been proposed that includes a$5,000.00
infill incentive and $5,850.00 in acquisition reimbursement fees to facilitate this development;
and
WHEREAS, entering into this agreement serves the interests of the City of Waterloo by
supporting neighborhood revitalization and affordable housing efforts;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. That the Development Agreement between the City of Waterloo and Iowa Heartland
Habitat for Humanity,pertaining to the construction of a new single-family home as described
above, is hereby approved.
2. That the City Council supports the allocation of a$5,000.00 infill incentive and
$5,850.00 in acquisition reimbursement fees per the terms of the agreement.
3. The Mayor and City Clerk are authorized and directed to execute said documents on
behalf of the City of Waterloo, Iowa.
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.
Docusign Envelope ID:185E4890-B83E-4C6A-9885-D34382476435
Resolution 2025-215
Page 2
ASS
Ray eu�ssayor Pro Tem
ATTEST:
Iliserlipped
k�e�e y Fdelie
etreeY' e" e, City Clerk
SEAL
• � �� ; .
Docusign Envelope ID: 200462DC-50AD-4A17-AA3C-6D3F50E584FE
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-215
A RESOLUTION APPROVING A DEVELOPMENT AGREEMENT WITH
IOWA HEARTLAND HABITAT FOR HUMANITY FOR THE
CONSTRUCTION OF A NEW SINGLE-FAMILY HOME IN THE CHURCH
ROW NEIGHBORHOOD ON W. MULLAN AVE., SOUTH OF RANDOLPH
STREET, INCLUDING A $5,000.00 INFILL INCENTIVE AND $5,850.00 IN
ACQUISITION REIMBURSEMENT FEES, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo is committed to promoting affordable housing and
urban renewal within its neighborhoods; and
WHEREAS, Iowa Heartland Habitat for Humanity proposes to construct a new single-
family home in the Church Row Neighborhood on W. Mullan Ave., south of Randolph Street;
and
WHEREAS, the City of Waterloo acknowledges the benefits of infill development and
supporting community housing projects; and
WHEREAS, a Development Agreement has been proposed that includes a $5,000.00
infill incentive and $5,850.00 in acquisition reimbursement fees to facilitate this development;
and
WHEREAS, entering into this agreement serves the interests of the City of Waterloo by
supporting neighborhood revitalization and affordable housing efforts;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. That the Development Agreement between the City of Waterloo and Iowa Heartland
Habitat for Humanity, pertaining to the construction of a new single-family home as described
above, is hereby approved.
2. That the City Council supports the allocation of a $5,000.00 infill incentive and
$5,850.00 in acquisition reimbursement fees per the terms of the agreement.
3. The Mayor and City Clerk are authorized and directed to execute said documents on
behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 7th day of April 2025.
ATTEST:
DocuSigned by:
Eke/fE�
Kelley gare.; City Clerk
SEAL
,-Signed by:
Ft-u s
-77F51 EDB4C5641 F...
Ray Feuss, Mayor Pro Tem