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HomeMy WebLinkAbout2025-706-12.01.2025.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. 2025-706 RESOLUTION APPROVING A RIGHT -OF -ENTRY AGREEMENT WITH RNK INVESTMENTS, LLC, TO ENTER ONTO CITY -OWNED PROPERTY TO BEGIN CONSTRUCTION OF A 12,000 SQUARE FOOT COMMERCIAL BUILDING AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, RNK Investments, LLC, seeks to construct a 12,000 square foot commercial building; and WHEREAS, RNK Investments, LLC, requires access to city -owned property to begin said construction; and WHEREAS, the City of Waterloo deems it beneficial to approve a Right -of -Entry Agreement to facilitate this development. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa: 1.The Right -of -Entry Agreement with RNK Investments, LLC, is hereby approved, allowing entry onto city -owned property for the purpose of constructing a 12,000 square -foot commercial building. 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: "—Signed by: K fttd& Kelfey erc i`1e, City Clerk SEAL l% itA, hvf QuentinDiiar $1\ayor