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Home My WebLink About2025-548-10.06.2025 (RECORDED) San_Marnan_Amendment.docx Docusign Envelope ID:7EC7OBA3-A5C5-422A-9E93-8A3E31680A25 2025-15670 RECORDED:10/24/2025 11:01:55 AM RECORDING FEE:$7.00 REVENUE TAX:$ COMBINED FEE:$7.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA Prepred by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2025-558 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF A PORTION OF THE PROPERTY TO THE SOUTHWEST OF 3211 TITAN TRAIL, TO XCEL ELECTRIC LLC, IN THE AMOUNT OF $1.00, FOR THE CONSTRUCTION OF A 4,000 SQUARE FOOT BUILDING, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS a portion of the property located southwest of 3211 Titan Trail has been identified as surplus to the needs of the City of Waterloo; and WHEREAS, Xcel Electric LLC has expressed interest in acquiring the property for the purpose of constructing a 4,000 square foot building that will enhance local business operations and economic development; and WHEREAS, the proposed sale price of$1.00 is deemed adequate for the promotion of economic growth and development in the area; and WHEREAS, it is necessary to authorize the execution of all documents related to this conveyance to finalize the property transfer. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. That the sale and conveyance of the property to Xcel Electric LLC for the price of $1.00 is hereby approved. 2. That the construction of a 4,000 square foot building on the property is endorsed as beneficial for economic development in the City of Waterloo. 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 6ti1 day of October 2025. p—DocuSigned by: �Xvwvt 1 tbt, ar'F D0525D7OAAC0440... Quentin Hart, Mayor ATTEST: r—Signed by: d& f Kelley eichie, City Clerk SEAL .�► O WA ? O • 1iIt1IiitHthii.iiiuil? • , "Vt7, Docusign Envelope ID: EDBACCC6-8AE2-43C0-9D88-49AA58F6B088 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 717 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-548 RESOLUTION DETERMINING THE NECESSITY AND SETTING DATE OF HEARING AS NOVEMBER 3, 2025, TO APPROVE A PROPOSED AMENDMENT NO. 9 TO THE SAN MARNAN URBAN RENEWAL AND REDEVELOPMENT PLAN AND SETTING A CONSULTATION WITH TAXING ENTITIES ON OCTOBER 17, 2025, AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE. WHEREAS, this Council previously has found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law, and has approved and adopted the San Marnan Urban Renewal and Redevelopment Plan (the "Plan") for the San Marnan Urban Renewal and Redevelopment Plan Area (the "Urban Renewal Area") described therein, and as amended, which Plan is on file in the office of the City Clerk; and WHEREAS, City staff has caused there to be prepared a proposed Amendment No. 9 ("Amendment No. 9)" to the Plan, a copy of which has been placed on file for public inspection in the office of the City Clerk and which is incorporated herein by reference, the purpose of which is to amend and otherwise update the Plan through the approval of proposed Amendment No. 9 in order to reflect current City objectives, to include one or more additional urban renewal projects, to update related financial information, and also to remove certain property from the Plan Area, said property to be removed having the following legal description: Lot 9 of San Marnan Business Park First Addition. WHEREAS, it is determined that it is necessary in the interest of the public health, safety, and general welfare of the residents of this City to amend the Plan by way of proposed Amendment No. 9, which proposes to remove the property the property described above, so as to reflect current City development objectives and goals. WHEREAS, the property that is to remain within the Urban Renewal Area is legally described in the proposed Plan, and this Council has reasonable cause to believe that the Area described in the proposed Plan satisfies the eligibility criteria for designation as an urban renewal area under Iowa law, and it desirable that the Area continue to be redeveloped as part of the overall redevelopment covered by the Plan; and WHEREAS, the Iowa statutes require the City Council to notify all affected taxing entities of the consideration being given to the Plan and Amendment No. 9 and to hold a consultation with such taxing entities with respect thereto, and the statutes further provide that the designated representative of each affected taxing entity may attend the consultation and make written recommendations for modifications to the proposed division of revenue included as a part thereof, to which the City shall submit written responses as provided in Section 403.5, as amended; and WHEREAS, the Iowa statutes require the City Council to submit the proposed Plan to the Planning and Zoning Commission for review and recommendation as to its conformity with the general plan for development of the City as a whole prior to Council approval of such Plan, and further provides that the Planning and Zoning Commission shall submit its written recommendations thereon to this Council within thirty (30) days of its receipt of such proposed Plan; and WHEREAS, the Iowa statutes further require the City Council to hold a public hearing on proposed Amendment No. 9 subsequent to notice thereof by publication in a newspaper having general circulation within the City, which notice shall describe the time, date, place and purpose of the hearing, shall generally identify the urban renewal area covered by the Plan and shall state the general scope of Amendment No. 9, with a copy of the notice also being mailed to each affected taxing entity. Docusign Envelope ID: EDBACCC6-8AE2-43C0-9D88-49AA58F6B088 Resolution 2025-548 Page 2 NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1. That the consultation on the proposed Plan required by Section 403.5(2), Code of Iowa, as amended, shall be held on October 17, 2025, at 1:40 p.m. in the Mollenhoff Conference Room located on the second floor of City Hall, 715 Mulberry Street, Waterloo, Iowa., and the Community Planning and Development Director, or his delegate(s), is hereby appointed to serve as the designated representative of the City for purposes of conducting the consultation, receiving any recommendations that may be made with respect thereto and responding to the same in accordance with Section 403.5(2), Code of Iowa. Section 2. That the City Clerk is authorized and directed to cause a notice of such consultation to be sent by regular mail to all affected taxing entities, as defined in Section 403.17(1), Code of Iowa, along with a copy of Amendment No. 9. Section 3. That a public hearing shall be held on the proposed Plan before the City Council at its meeting which commences at 5:30 P.M. on November 3, 2025, in the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa 50703. Section 4. That the City Clerk is authorized and directed to publish notice of this public hearing in the Waterloo -Cedar Falls Courier, once on a date not less than four (4) nor more than twenty (20) days before the date of the public hearing, and to mail a copy of the notice by ordinary mail to each affected taxing entity. Section 5. That the proposed Plan be submitted to the Planning and Zoning Commission for review and recommendation as to its conformity with the general plan for the development of the City as a whole, with such recommendation to be submitted in writing to this Council within thirty (30) days of the date hereof. Section 6. Section 6. That proposed Amendment No. 9 for the Urban Renewal Area described therein is hereby officially declared to be the proposed Amendment or proposed Amendment No. 9 for the San Marnan Urban Renewal and Redevelopment Plan referred to in the notice for purposes of such consultation and hearing and that a copy of the Plan Amendment shall be placed on file in the office of the City Clerk. PASSED AND ADOPTED this 6th day of October 2025. ,-DocuSigned by: /A=bugned by: K lley feldit Kelleyrmcnle,uity Jerk SEAL * wAr pq K. t 0 • . I IN 11111111111111 0 7 V 1 lltu,A.{iw li-art Quentin M. Hart, Mayor