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HomeMy WebLinkAbout2025-673-11.17.2025.docDocusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-673 RESOLUTION APPROVING AND ACCEPTING AN ACQUISITION CONTRACT AND APPROVING A DEED TO SELL REAL PROPERTY TO THE CITY OF WATERLOO FOR A PARTIAL RIGHT-OF-WAY ACQUISITION, AND PERMANENT AND TEMPORARY EASEMENTS AGREEMENTS WITH C AND M ENTERPRISES, INC., IN THE AMOUNT OF $5,132.00, LOCATED AT 1620 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 improve public transportation infrastructure, traffic safety, and utility coordination; and WHEREAS, to complete said project it is necessary for the City to acquire a partial right- of-way interest and certain permanent and temporary construction easements over a portion of the real property locally known as 1620 La Porte Road, Waterloo, Iowa; and WHEREAS, City staff have negotiated with the property owner, C and M Enterprises, Inc., for the acquisition of the necessary interests and have reached agreement on the terms set forth in an Acquisition Contract, related Deed conveying the partial right-of-way, and Permanent and Temporary Easement Agreements (collectively, the "Agreements"); and WHEREAS, the total compensation to C and M Enterprises, Inc., for the property interests acquired is $5,132.00, which City staff have determined to be fair and reasonable and in the best interests of the City; and WHEREAS, approval of the Agreements and authorization for execution are necessary to keep the project on schedule. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Acquisition Contract, the Deed conveying a partial right-of-way interest to the City, and the Permanent and Temporary Easement Agreements from C and M Enterprises, Inc., for property located at 1620 La Porte Road, Waterloo, Iowa, all in conjunction with the La Porte Road Phase II Reconstruction Project, are hereby approved and accepted in the total amount of $5,132.00. 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 17th day of November 2025. DocuSigned by: EL%ran. aVit tAA.fi D0525D78AAC844-9... Quentin Hart, Mayor Docusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064 Resolution No. 2023-673 Page 2 ATTEST: Signed by: keitty FLU& KelleyCity ity Clerk