HomeMy WebLinkAbout2025-702-12.01.2025.docDocusign Envelope ID: 2A40818A-4C04-4B05-8CFC-A57BAE9A7CF0
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-702
RESOLUTION ACCEPTING AND APPROVING AN
ACQUISITION CONTRACT AND APPROVING A DEED TO
SELL REAL PROPERTY TO THE CITY OF WATERLOO FOR
A PARTIAL RIGHT-OF-WAY ACQUISITION, IN THE
AMOUNT OF $4,256.00, A TEMPORARY EASEMENT
AGREEMENT IN THE AMOUNT OF $4,244.00, A TOTAL
COMPENSATION AMOUNT OF $8,500.00, WITH
STEELSMITH PROPERTIES, LLC, LOCATED AT 1911 EAST
MITCHELL AVENUE AND 820 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 conducting the La Porte Road Phase II
Reconstruction Project, necessitating partial right-of-way acquisition; and
WHEREAS, an Acquisition Contract and Deed with Steelsmith Properties, LLC, for
property located at 1911 East Mitchell Avenue and 820 La Porte Road, have been negotiated;
and
WHEREAS, the agreement includes the following components:
Partial Right -of -Way Acquisition: $4,256.00
Temporary Easement Agreement: $4,244.00
Total Compensation Amount: $8,500.00
WHEREAS, acquiring the necessary land rights is critical to the project's success.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1.The Acquisition Contract and Deed with Steelsmith Properties, LLC, encompassing
compensation as described above are hereby approved.
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 1st day of December 2025.
DocuSigned by:
ATTEST:
p-Signed by:
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