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HomeMy WebLinkAbout2025-720-12.15.2025.doc (RECORDED) 1 Docusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543 2026-01023 RECORDED: 01/23/2026 03:29:05 PM RECORDING FEE: $12.00 REVENUE TAX: $ COMBINED FEE: $12.00 SANDIE L. SMITH, RECORDER BLACK HAWK COUNTY, IOWA Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-720 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED SOUTHEAST OF 180 WARP DRIVE, TO RNK INVESTMENTS, LLC, IN THE AMOUNT OF $1 .00 AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa, owns certain real property located southeast of 180 Warp Drive; and WHEREAS, RNK Investments, LLC, has expressed interest in purchasing the said property to further its development plans, thereby contributing to the city's growth and economic development; and WHEREAS, the proposed sale price for the property is One Dollar ($1.00), deemed to be in the public interest as it furthers the city's strategic objectives; and WHEREAS, the sale of this property supports community development and the strategic initiatives of the city. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The sale and conveyance of the city-owned property located southeast of 180 Warp Drive to RNK Investments, LLC, for the amount of One Dollar ($1.00) is 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 15th day of December 2025. r—DocuSigned by: `—0082M78AAC8449... Quentin Hart, Mayor ATTEST: Signed by: Why FLU& KeffeyTe1c te, City Clerk SEAL WA7. 0 1.11 . :r,7107:Alli* 0 1i1111 I1111 11I11 1U 1{ • y NO 3. THE COURIER AFFIDAVIT OF PUBLICATION NOTICE OF PUBLIC HEARING TO WHOM IT MAY CONCERN: Waterloo-Cedar Falls Courier Notice is hereby given that on the 6915 Chancellor Drive 15th day of December 2025. at 5:30 Cedar Falls 50613 p.m.. in the Harold E. Getty Council (319)291-1400 Chambers in the City Hall in the City of Waterloo,Iowa.a public hearing will be held by the Council of the City of State of Florida, County of Orange, ss: Waterloo, Iowa, for the sale and con- veyance of approximately 4.22 acres Edmar Corachia,being first duly sworn, deposes and says:That of clty-owned property. located east of 4050 Leversee Road. in the amount (s)he is a duly authorized signatory of Column Software, PBC,duly of $1.00. to RNK Investments. LLC. authorized agent of Waterloo-Cedar Falls Courier, a publication that including a Phased Development and is a"legal newspaper"as that phrase is defined for the city of Cedar Minimumconstruction Assessmentofa Agreement.12.000 ufor the a 1 .0�„0 square Falls,for the County of Black Hawk, in the state of Iowa,that this foot commercial bullding. and a future affidavit is Page 1 of 1 with the full text of the sworn-to notice set 12.000 square foot expansion,with an forth on the pages that follow,and that the attachment hereto approximate value of $1.500,000.00. located southeast of 180 Warp Drive. contains the correct copy of what was published in said legal legally described as follows: newspaper in consecutive issues on the following dates: Lots 27. 28 and 29 of Waterloo Air and Rail Park 4th Addition. Waterloo. Black Hawk County, Iowa. PUBLICATION DATES: Anyone who is interested may appear at said time and place and be heard Dec. 6, 2025 or may file written objection with the City Clerk, City Hall, aterloo. Iowa. NOTICE ID: 3IgxOTgPIZENab1f8nax before the date set for said hearing. PUBLISHER ID:COL-IA-603215 By order of the Council of the City of NOTICE NAME:SC w 25 Phased DA_MAA(RNK Inv.)(PH 12.15) 20rloo thls 1st day of December Publication Fee:$24.49 2a. Kelley Felchle. City Clerk 41,AAY G0110141 City of Waterloo. Iowa COL-IA-603215 (sgned) VERIFICATION State of Florida County of Orange Subscribed in my presence and sworn to before me on this: 12/08/2025 Notary Public Notarized remotely online using communication technology via Proof. rY pV %i, PAMELA BAEZ (.,\,_ - ,...... - e� /�% Notary Public-State of Florida • I II I I Q),.._:__\A. 110 0 ` Commission# HH 732409 i�/fir O'�j\�C Expires on October 19,2029 SC w_Phased DA_MAA(RNK Inv.) (PH 12.15) - Page 1 of 1 Docusign 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. 2025-720 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY LOCATED SOUTHEAST OF 180 WARP DRIVE, TO RNK INVESTMENTS, LLC, IN THE AMOUNT OF $1.00 AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa, owns certain real property located southeast of 180 Warp Drive; and WHEREAS, RNK Investments, LLC, has expressed interest in purchasing the said property to further its development plans, thereby contributing to the city's growth and economic development; and WHEREAS, the proposed sale price for the property is One Dollar ($1.00), deemed to be in the public interest as it furthers the city's strategic objectives; and WHEREAS, the sale of this property supports community development and the strategic initiatives of the city. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The sale and conveyance of the city -owned property located southeast of 180 Warp Drive to RNK Investments, LLC, for the amount of One Dollar ($1.00) is 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 15th day of December 2025. ATTEST: Signed by: M1C� i 414 Ketteyregcnle, City Clerk SEAL —DocuSigned by: Quentin Hart, Mayor