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Home My WebLink About2025-386-07.07.2025.doc (RECORDED) Docusign Envelope ID:B5DOEEFF-A50D-8372-8193-585B17102E38 2026-13348 I RECORDED:09102/2026 u 3:42:30 PM RECORDING FEE:$17.00 REVENUE TAX:$ COMBINED FEE:$17.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA ,kPrepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-3 86 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY PROPERTY LOCATED AT 512 N. BARCLAY STREET, IN THE AMOUNT OF $15,000.00, TO DHANI RE INVESTMENTS LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo owns certain real property located east of 512 N. Barclay Street, which is deemed suitable for conveyance to support local development initiatives; and WHEREAS Dhani RE Investments 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 $15,000.00 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 512 N. Barclay Street to Dhani RE Investments LLC in the amount of $15,000.00. 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. ,..---Signed by: ( , E77FBE 142C3F475.. Quentin Hart, Mayor ATTEST: Signed by: ute..., Fdzat FF80BCQFFBC84AB... Kelley Felchle, City Clerk < 0) 3 Docusign Envelope ID:B5D0EEFF-A50D-8372-8193-585B17102E38 Resolution No. 2025-386 Page 2 CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2025-386 as passed and adopted by the Council of the City of Waterloo, Iowa, on the 7th day of July 2026. Witness my hand and seal of office this 7th day of July 2026. "—Signed by: kW& T deat '—FFSO OFFBC 4AB.. Kelley Felchie, City Clerk SEAL OF W 1' oii‘4;4:0 s O 3s ?t/O THE COURIER AFFIDAVIT OF PUBLICATION NOTICE OF PUBLIC HEARING TO WHOM IT MAY CONCERN: Waterloo-Cedar Falls Courier 6915 Chancellor Drive Notice is hereby given that on the 7th Cedar Fails 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 rearing will be held by State of Florida, County of Orange, ss: the Council of the City of Waterloo. Iowa, to authorize the sale and con- Ankit Sachdeva, being first duly sworn, deposes and says:That veyance of city-owned property lo- cated at 512 N.Barclay Street. m the (s)he is a duly authorized signatory of Column Software, PBC, duly amount of $15,200,00, to Dhani RE authorized agent of Waterloo-Cedar Falls Courier, a publication that Investments LLC, including approval is a"legal newspaper"as that phrase is defined for the city of Cedar of a Development Agreement for the rehabilitation of the home, a grant of Falls,for the County of Black Hawk, in the state of Iowa,that this $5,000,06 for partial purchase price affidavit is Page 1 of 1 with the full text of the sworn-to notice set refund and a grant of $5.000.00 for forth on the pages that follow, and that the attachment hereto infiil housing development, legally de- scribed asfollows: contains the correct copy of what was published in said legal newspaper in consecutive issues on the following dates: Lot 5 and the West 10 feet of the North 40 feet of Lot 7,Auditor Francis Rose Hill Plat,Waterloo,Iowa, PUBLICATION DATES: Anyone who Is Interested may appear Jun. 26,2025 at said time and place and be heard or may file written objection with the NOTICE ID: nKAbQeA4GcaOzJ3ZtRM6 City Clerk, City Hall, Waterloo; Iowa. PUBLISHER ID: COL-IA-602456 before the date set for said hearing. NOTICE NAME: S/C w/DA(Dhani RE)512 N. Barclay(PH 7.7) By order of the Council of the City of Publication Fee:$25.16 Waterloo this 16th day of June 2025. Atik,t �ae�de�a Kelley Felchle,City Clerk (sgnetl) �Ess�c�coAoorr*r;oraFseN City of Waterloo. Iowa g COL-IA-602456 •1� �?\8 Notary Publb-stateof Fb,a _,.. ",; Commium k xnwtase ~ ','.tIm„;�� Expires on Aug..II Me 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. S/C w/DA (Dhani RE) 512 N. Barclay (PH 7.7) - Page 1 of 1 Docusign Envelope ID: B5D0EEFF-A50D-8372-8193-585B17102E38 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-386 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY PROPERTY LOCATED AT 512 N. BARCLAY STREET, IN THE AMOUNT OF $15,000.00, TO DHANI RE INVESTMENTS LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo owns certain real property located east of 512 N. Barclay Street, which is deemed suitable for conveyance to support local development initiatives; and WHEREAS Dhani RE Investments 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 $15,000.00 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 512 N. Barclay Street to Dhani RE Investments LLC in the amount of $15,000.00. 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: Signed by: K.U.y ff1c6[t �— F F8OBCOFFBC84AB... Kelley Felchle, City Clerk Signed by: E77FBE142C3F475... Quentin Hart, Mayor Docusign Envelope ID: B5D0EEFF-A5OD-8372-8193-585B171O2E38 Resolution No. 2025-386 Page 2 CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2025-386 as passed and adopted by the Council of the City of Waterloo, Iowa, on the 7th day of July 2026. Witness my hand and seal of office this 7th day of July 2026. ,-Signed by: KVA, ftleat '-FF6OB OFFBC 4AB... Kelley felchie, City Clerk SEAL