HomeMy WebLinkAbout2025-431-08.04.2025.docDocusign Envelope ID: DA7FF1CO-8FB1-4546-89CD-7CA2C5C79972
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-431
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
AUGUST 18, 2025, FOR THE SALE AND CONVEYANCE OF
APPROXIMATELY 0.19 ACRES OF CITY -OWNED
PROPERTY, LOCATED WEST OF 720 UPTON AVENUE, IN
THE AMOUNT OF $5,000.00, TO HALF DOZEN
PROPERTIES, LLC, WITH A DEVELOPMENT AGREEMENT,
FOR THE CONSTRUCTION OF A TWIN HOME HAVING AN
APPROXIMATE VALUE OF $320,000.00, AND AN INFILL
INCENTIVE GRANT OF $10,000.00, AND INSTRUCT THE
CITY CLERK TO PUBLISH NOTICE.
WHEREAS, the City of Waterloo intends to sell and convey approximately 0.19 acres of
city -owned property located west of 720 Upton Avenue to Half Dozen Properties, LLC; and
WHEREAS, the sale price is set at $5,000.00 and includes a Development Agreement for
the construction of a twin home with an approximate value of $320,000.00; and
WHEREAS, the agreement includes an infill incentive grant of $10,000.00 to encourage
development and utilization of the property; and
WHEREAS, it is essential to conduct a public hearing for transparency and public
participation in the city's decision -making process.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. A public hearing on the proposed sale and conveyance is hereby set for August 18,
2025, at 5:30 p.m. to be held at 715 Mulberry Street, Harold E. Getty Council Chambers, City of
Waterloo, Iowa, to consider the request by the City of Waterloo to sell and convey
approximately 0.19 acres if city -owned property located west of 720 Upton Avenue, in the
amount of $5,000.00 to Half Dozen Properties, LLC.
2. 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.
PASSED AND ADOPTED this 4th day of August 2025.
DocuSigned by:
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Quentin Hart Mayor
ATTEST:
"—Signed by:
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Kelr y f e c e4, ity Clerk