Loading...
HomeMy WebLinkAbout2025-561-(RECORDED)10.06.2025.doc 1 Docusign Envelope ID:7EC7OBA3-A5C5-422A-9E93-8A3E31680A25 2025-15320 RECORDED:10/17/2025 03:46:14 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, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-561 RESOLUTION APPROVING A PERMANENT EASEMENT AGREEMENT IN THE AMOUNT OF $4,097.00, WITH KINGU PROPERTIES, LLC, LOCATED AT 1419 LA PORTE ROAD, IN CONJUNCTION WITH THE LA PORTE ROAD PHASE II RECONSTRUCTION PROJECT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo is undertaking the La Porte Road Phase II Reconstruction Project to improve infrastructure and enhance transportation efficiency; and WHEREAS, it is necessary to acquire a permanent easement at the property located at 1419 La Porte Road, owned by Kingu Properties, LLC, to facilitate this project; and WHEREAS, negotiations have resulted in an agreed compensation of$4,097.00 for the grant of said easement; and WHEREAS, it is in the best interest of the City of Waterloo to approve the easement agreement to ensure the successful completion of the reconstruction project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Permanent Easement Agreement with Kingu Properties, LLC, in the amount of $4,097.00 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: � ��c vtttla. tk-Of `—D052510.70MC8 4 ... Quentin Hart,Mayor led& FcLd& ef>"ey `eYc igebrity Clerk SEAL 4Artb.0* W1"04, 11+1rirs • II MU11t111HiJ*u l • �!_ Ir p 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. 2025-561 RESOLUTION APPROVING A PERMANENT EASEMENT AGREEMENT IN THE AMOUNT OF $4,097.00, WITH KINGU PROPERTIES, LLC, LOCATED AT 1419 LA PORTE ROAD, IN CONJUNCTION WITH THE LA PORTE ROAD PHASE II RECONSTRUCTION PROJECT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS the City of Waterloo is undertaking the La Porte Road Phase II Reconstruction Project to improve infrastructure and enhance transportation efficiency; and WHEREAS, it is necessary to acquire a permanent easement at the property located at 1419 La Porte Road, owned by Kingu Properties, LLC, to facilitate this project; and WHEREAS, negotiations have resulted in an agreed compensation of $4,097.00 for the grant of said easement; and WHEREAS, it is in the best interest of the City of Waterloo to approve the easement agreement to ensure the successful completion of the reconstruction project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Permanent Easement Agreement with Kingu Properties, LLC, in the amount of $4,097.00 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: Kdit, FtUcU&t eTiey'tecti1e 4 ity Clerk SEAL D0525D7BAAC8449... Quentin Hart, Mayor