HomeMy WebLinkAbout2025-560-(RECORDED)10.06.2025.doc 22
Docusign Envelope ID:7EC70BA3-A5C5-422A-9E93-8A3E31680A25 RECORDED:
10
RECORDED:10/17/2025 03:46:16 PM
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,
,X( Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-560
RESOLUTION APPROVING A PERMANENT EASEMENT
AGREEMENT IN THE AMOUNT OF $4,858.00, AND
REIMBURSEMENT FOR PAVEMENT REMOVAL IN THE
AMOUNT OF $983.00, TOTALING A JUST COMPENSATION
AMOUNT OF $5,841.00, WITH BEVERLY REALTY, LLC,
LOCATED AT 1507 LA PORTE ROAD, IN CONJUNCTION
WITH THE LA PORTE ROAD PHASE II RECONSTRUCTION
PROJECT, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS the City of Waterloo is undertaking the La Porte Road Phase II
Reconstruction Project to enhance infrastructure and transportation facilities; and
WHEREAS, a Permanent Easement Agreement with Beverly Realty, LLC is required to
facilitate the project's completion, with compensation based on fair market value considerations;
and
WHEREAS, the total just compensation for the easement and reimbursement for
pavement removal is $5,841.00, reflecting $4,858.00 for the easement and $983.00 for pavement
removal; and
WHEREAS, execution of this agreement aligns with the project's goals and complies
with legal requirements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Permanent Easement Agreement with Beverly Realty, LLC, including
reimbursement for pavement removal, totaling $5,841.00, is hereby approved.
2. The easement agreement is necessary for the successful execution and completion of
the La Porte Road Phase II Reconstruction Project, ensuring public benefit and infrastructure
improvement.
3. 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 6th day of October 2025.
—DocuSAiignned by:
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Quentin Hart, Mayor
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Docusign Envelope ID: 7EC7OBA3-A5C5-422A-9E93-8A3E31680A25
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-560
RESOLUTION APPROVING A PERMANENT EASEMENT
AGREEMENT IN THE AMOUNT OF $4,858.00, AND
REIMBURSEMENT FOR PAVEMENT REMOVAL IN THE
AMOUNT OF $983.00, TOTALING A JUST COMPENSATION
AMOUNT OF $5,841.00, WITH BEVERLY REALTY, LLC,
LOCATED AT 1507 LA PORTE ROAD, IN CONJUNCTION
WITH THE LA PORTE ROAD PHASE II RECONSTRUCTION
PROJECT, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS the City of Waterloo is undertaking the La Porte Road Phase II
Reconstruction Project to enhance infrastructure and transportation facilities; and
WHEREAS, a Permanent Easement Agreement with Beverly Realty, LLC is required to
facilitate the project's completion, with compensation based on fair market value considerations;
and
WHEREAS, the total just compensation for the easement and reimbursement for
pavement removal is $5,841.00, reflecting $4,858.00 for the easement and $983.00 for pavement
removal; and
WHEREAS, execution of this agreement aligns with the project's goals and complies
with legal requirements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Permanent Easement Agreement with Beverly Realty, LLC, including
reimbursement for pavement removal, totaling $5,841.00, is hereby approved.
2. The easement agreement is necessary for the successful execution and completion of
the La Porte Road Phase II Reconstruction Project, ensuring public benefit and infrastructure
improvement.
3. 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 6th day of October 2025.
DocuSigned by:
Ct�tu,tif�w hvf
�I9EeT:by: Quentin Hart, Mayor
WA Ftdcat
Ke leF y t 4 ity Clerk
SEAL
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