HomeMy WebLinkAbout2025-520-09.15.2025.docDocusign Envelope ID: C1CFA8F3-1663-4E34-9B16-632924233F47
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-520
RESOLUTION FIXING THE VALUE OF LOTS IN
CONJUNCTION WITH THE FY 2026 SIDEWALK REPAIR
ASSESSMENT PROGRAM - ZONE 5A, CONTRACT NO. 1127.
WHEREAS, the City of Waterloo is undertaking the FY 2026 Sidewalk Repair
Assessment Program, specifically focusing on necessary repairs and improvements within Zone
5A as detailed in Contract No. 1127; and
WHEREAS, determining and fixing the value of lots benefiting from these improvements
is essential for equitable cost distribution; and
WHEREAS, comprehensive evaluations have been performed to ascertain lot values, and
such values reflect the benefit to be derived from the sidewalk improvements; and
WHEREAS, necessary public notices have been disseminated, and public hearings have
been conducted to gather community input on these valuations and the overall assessment
process.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The value of lots within Zone 5A impacted by the FY 2026 Sidewalk Repair
Assessment Program under Contract No. 1127 is hereby fixed as determined by the evaluations
and data presented.
2. These fixed values shall serve as the basis for calculating and assessing the costs
associated with sidewalk improvements, ensuring fair cost allocation among property owners in
proportion to the benefits received.
3. The Engineering and Finance Departments are authorized to implement these
valuations in preparing the final assessments in accordance with applicable municipal, state, and
federal regulations.
PASSED AND ADOPTED this 15th day of September 2025.
"—Signed by:
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ATTEST:
"—Signed by:
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