Loading...
HomeMy WebLinkAbout2025-384-07.07.2025.doc (RECORDED) Docusign Envelope ID:C428A5A3-FA27-4082-BF54-F21CC8397570 2025-13840 RECORDED:09/22/2025 09:22:23 AM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-384 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY, LOCATED SOUTHEAST OF 155 WARP DRIVE, TO BKKS HOLDINGS LLC, IN THE AMOUNT OF $1.00, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo owns certain real property located east of 4050 Leversee Road, which is deemed suitable for conveyance to support local development initiatives; and WHEREAS, BKKS Holdings LLC has expressed interest in purchasing said property to facilitate development consistent with the City's land use plans and economic development objectives; and WHEREAS, the sale of the property for$1.00 is anticipated to promote future development and economic activities,thereby potentially increasing property tax revenues and benefitting the community; and WHEREAS, the City Council has determined that the sale is in the best interest of the City and its residents in promoting urban development. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves the sale and conveyance of city-owned property located southeast of 155 Warp Drive to BKKS Holdings LLC for the amount of$1.00. 2. 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 71h day of July 2025. —DocuSigned by: %r t, itlt. tbdYf `—D0555 C8a g.. Quentin Hart,Mayor ATTEST: p—DocuSigned by: Witty f `—A828C1E 09A 44F... Kelley Felchie, City Clerk SEAL • e''G ,1111441Mrrrrrrrrrrrr. 0. I$$$UBU$$$$$$IJIfl*$ r — Docusign Envelope ID: C428A5A3-FA27-4082-BF54-F21CC8397570 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-384 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY, LOCATED SOUTHEAST OF 155 WARP DRIVE, TO BKKS HOLDINGS LLC, IN THE AMOUNT OF $1.00, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo owns certain real property located east of 4050 Leversee Road, which is deemed suitable for conveyance to support local development initiatives; and WHEREAS, BKKS Holdings LLC has expressed interest in purchasing said property to facilitate development consistent with the City's land use plans and economic development objectives; and WHEREAS, the sale of the property for $1.00 is anticipated to promote future development and economic activities, thereby potentially increasing property tax revenues and benefitting the community; and WHEREAS, the City Council has determined that the sale is in the best interest of the City and its residents in promoting urban development. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby approves the sale and conveyance of city -owned property located southeast of 155 Warp Drive to BKKS Holdings LLC for the amount of $1.00. 2. 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 July 2025. ATTEST: ,—DocuSigned by: ICeitey f eU@e `—A82BC1EE09AB44F... Kelley Felchle, City Clerk SEAL LDocuSigned by: A'� at-l&filA, DU5Z5ui AL84'9. Quentin Hart, Mayor 2025-13842 RECORDED:09/22/2025 09:22:25 AM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA ,e4urA }C �� cri- t t1 ! y/5 /'jtattr 53) toa,terti00 L4 cc)703 THE COURIER AFFIDAVIT OF PUBLICATION NOTICE OF PUBLIC HEARING Waterloo-Cedar Falls Courier TO WHOM IT MAY CONCERN: 6915 Chancellor Drive Notice is hereby given that on the 7th Cedar Falls 50613 day of July 2025.. at 5:30 p.m,, in the (319)291-1400 Harold E.Getty Council Chambers in the City Hall in the City of Waterloo, Iowa,a public hearing will be held by State of Florida, County of Orange, ss: the Council of the City of Waterloo, Iowa, to authorize the salee and con- veyance Ankit Sachdeva, being first duly sworn, deposes and says:That dsoutheastto 155 city-owned Drive to t- (s)he is a duly authorized signatory of Column Software, PBC,duly amount of $L00, to BKKS Holdings authorized agent of Waterloo-Cedar Falls Courier,a publication that LLC,including approval of a Develop- is a"legal newspaper"as that phrase is defined for the city of Cedar gent Agreement for the construction of a total of 94,100 square feet of Falls,for the County of Black Hawk, in the state of Iowa,that this storage development on Lots 34-39 of affidavit is Page 1 of 1 with the full text of the sworn-to notice set warp 4th Addition, legally described forth on the pages that follow, and that the attachment hereto as follows: contains the correct copy of what was published in said legal Lots 34-39 of Waterloo Air and Rail newspaper in consecutive issues on the following dates: Park 4 th Addition, City of Waterloo, Black Hawk County,Iowa. PUBLICATION DATES: Anyone who is interested may appear at said time and place and be heard Jun. 26, 2025 or may file written objection with the City Clerk, City Hall, Waterloo, Iowa NOTICE ID: IrS10xa7UBEkPdz6svYA before the date set for said hearing. PUBLISHER ID: COL-IA-602455 NOTICE NAME: SC w/DA(BKKS Holdings)Lots,34-39(PH 7.7) By order of the Council of the City of Publication Fee:$24.49 Waterloo this 16th day of June 2025, AHki f s'aClt Neva Kelley Felchte,City Clerk City of Waterloo.Iowa (Stalled) _ COL-IA-602455 WMOMPSON • r45,V A Notary Public•JESSCA Stateo Florida Eapm on auawi t104 l.am VERIFICATION State of Florida County of Orange Subscribed in my presence and sworn to before me on this: 06/30/2025 Notary Public Notarized remotely online using communication technology via Proof. SC w/DA (BKKS Holdings) Lots 34-39 (PH 7.7) - Page 1 of 1 .f