HomeMy WebLinkAbout2025-709-12.15.2025.docDocusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-709
RESOLUTION SETTING THE DATE OF HEARING AS
JANUARY 5, 2026, APPROVING A 99 YEAR GROUND
LEASE AGREEMENT WITH WATERLOO DEVELOPMENT
CORPORATION FOR PROPERTY LOCATED NEXT TO 250
WESTFIELD AVENUE, RELATED TO THE HARDCOURTS
DEVELOPMENT, AND AUTHORIZE CITY CLERK PUBLISH
NOTICE.
WHEREAS the City of Waterloo, Iowa, proposes to enter into a 99-year ground lease
agreement with the Waterloo Development Corporation for property located next to 250
Westfield Avenue, related to the Hardcourts development; and
WHEREAS, it is necessary to set a public hearing to consider the approval of said lease
agreement as per the requirements of the Iowa Code.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The public hearing be set for January 5, 2026, to consider approval of a 99-year
ground lease agreement with the Waterloo Development Corporation for property located next to
250 Westfield Avenue, related to the Hardcourts development.
2. The City Clerk is hereby directed to publish notice of said public hearing in accordance
with applicable laws and city policies, ensuring adequate notice to the public.
PASSED AND ADOPTED this 15th day of December 2025.
ATTEST:
pSigned by:
Why f eld &
K lley r elciiite City Clerk
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Quentin art, Mayor