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HomeMy WebLinkAbout2025-470-08.18.2025.doc (RECORDED) Docuasgn Enve ope ID: BE3E7469-3253-4ADA-8ABC-5735DEF4862B 2026-03444 ^i. t RECORDED: 03 17 j 2026 04:08:26 PM RECORDING FEE: $12.00 REVENUE TAX: $ COMBINED FEE: $12.00 SANDIE L. SMITH, RECORDER BLACK HAWK COUNTY, IOWA til Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-470 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED NORTHEAST OF 326 WEST 14TH STREET, IN THE AMOUNT OF $1.00 TO 5 BEES, LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa, is committed to encouraging the development and utilization of existing vacant properties within the city limits to enhance community growth and economic development; and WHEREAS, 5 Bees, LLC, a prospective developer, has offered to purchase the said property for the nominal amount of $1 .00, with the intent to utilize the property in a manner consistent with city development goals; and WHEREAS, it is in the best interests of the City of Waterloo to complete the conveyance of this property to facilitate investment and development initiatives. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1 . The sale and conveyance of the city-owned property located northeast of 326 West 14th Street to 5 Bees, LLC, for the sum of$1.00 is hereby authorized. 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 18th day of August 2025. DocuSiignned by: D0525D78 8449.. Quentin dart, Mayor ATTEST: Signed by: f eiiey reic ile, City Clerk SEAL mac . W " f it. • • I ■� II1i iUui ff ui • W_` lir 7 V I I THE COURIER AFFIDAVIT OF PUBLICATION NOTICE OF PUBLIC HEAPING TO WHOM IT MAY CONCEhN_ Notice hereby givWaterloo-Cedar Falls Courier day of is August2025 2 530 Rm..hat on the n the Harold E.Getty Comet]Chambers 6915 Chancellor Drive in the City Hall in the City of Waterloo. Cedar Falls 50613 me Counc�illc 0f the Citaring y Waattenoo (319)291-1400 Iowa.for the sale and conveyance Of approximately 0.2C acres of cite- owned property located northeast of 326 West 14th Street.in the amount State of Florida, County of Orange, ss: v,.op.Development Bees.MiniLLCmum m including - g and 0.71n�mum Assess- ment Agreement,for the construction of a 2.560 square foot commercial building.with an approxtnate va4e of Edmar Corachia, being first duly sworn. deposes and says:That S173.000.00 andopticnsforaddition- (s)he is a duly authorized signatory of Column Software, PBC, duly al land,legally-desc bed as blows Land being conveyed for new Girding: authorized agent of Waterloo-Cedar Falls Courier, a publication that is a"legal newspaper"as that phrase is defined for the city of Cedar The Northeasterly One-half of Lots 9 and t0 and the Northeasterly 2 feet of Falls, for the County of Black Hawk, in the state of Iowa, that this the Southwesterly One-hart of Lot 9In Block 56 in Anthony Baker's Addition affidavit is Page 1 of 1 with the full text of the sworn-to notice set to the City of Waterloo,in Black Hawk County,Iowa forth on the pages that follow, and that the attachment hereto contains the correct copy of what was published in said legal Allso 2k 37n as,Assessor Parcel No: B917-newspaper in consecutive issues on the following dates: Option Ore Property The Southwesterly 35 feet of Lots PUBLICATION DATES: Nos.9 and tO In Bkxdc No 511 in An- of Aug.9, 2025 Waterlcoo,0leckHawk County.Iowa NOTICE ID: Rx6AllxfhulceeT13F1A (Also known as Assessor Parcel No: Parcel Na.8913.2537-008) PUBLISHER ID: COL-IA-602652 NOTICE NAME: SC w/DA_MAA(5 Bees) NE 326 W 14th (PH 8.18) Option Two Property Publication Fee: $53.62 Ve{w1Ar GorGIck01 The Southeasterly one-halt of Lots nos Nme,9)and Ten'10).except the Southwesterly Thirty-Five (35i feet thereof and except the Northeasterly (3.fined) coil-ru Two(2)feet of the Southwesterly one- ` eIVZ:4„ N.JESSICA GORDOTHOMFSON half of sal-^,lot No Nine t9i in Stock . �x d. Notary Public-State of Florida No FItty-Six r56)In Anthony Bakers Commission umAddition to the Village of Waterloo.in x oororese County. Black Hawk Coty.Iowa.Commonly VERIFICATION ��O�r ,- Expires on wyasrrr.xse known as:326 W.14 th Street (Also known as Assessor Parcel No: State of Florida 6913253T•wT) County of Orange Anyone who's Interested may appear at said time and place and be heard or nay file written obection wit)the Cay Clerk City Hal.Waterloo.Iowa. Subscribed in my presence and sworn to before me on this: 08/12/202 a before the date set for said heating. By order c4 Me Council of the City of Waterloo his 4th day of August 2025. Kelley Felchle.City Clerk --••�� City of Water'oo.tcrwa - COL-IA-602E52 Notary Public Notarized remotely online using communication technology via Proof. SC w/DA_MAA (5 Bees) NE 326 W 14th (PH 8.18) - Page 1 of 1 Docusign Envelope ID: BE3E7469-3253-4ADA-8ABC-5735DEF4862B Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-470 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY LOCATED NORTHEAST OF 326 WEST 14TH STREET, IN THE AMOUNT OF $1.00 TO 5 BEES, LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa, is committed to encouraging the development and utilization of existing vacant properties within the city limits to enhance community growth and economic development; and WHEREAS, 5 Bees, LLC, a prospective developer, has offered to purchase the said property for the nominal amount of $1.00, with the intent to utilize the property in a manner consistent with city development goals; and WHEREAS, it is in the best interests of the City of Waterloo to complete the conveyance of this property to facilitate investment and development initiatives. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The sale and conveyance of the city -owned property located northeast of 326 West 14th Street to 5 Bees, LLC, for the sum of $1.00 is hereby authorized. 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 18th day of August 2025. ATTEST: "—Signed by: Kelleyfttellt effeyreic`niie; City Clerk SEAL INAr 0 0 • p—DocuSigned by: u enSn mHta n art, mayor