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HomeMy WebLinkAbout2025-727-12.15.2025.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. 2025-727 RESOLUTION ACCEPTING AND APPROVING AN ACQUISITION CONTRACT AND APPROVING A DEED TO CONVEY REAL PROPERTY TO THE CITY OF WATERLOO FOR A PARTIAL RIGHT-OF-WAY ACQUISITION IN THE AMOUNT OF $5,226.00; A PERMANENT EASEMENT AGREEMENT IN THE AMOUNT OF $7,416.00; AND A TEMPORARY EASEMENT AGREEMENT IN THE AMOUNT OF $358.00, FOR A TOTAL COMPENSATION AMOUNT OF $13,000.00, WITH LA PORTE RE, LLC, FOR THE PROPERTY LOCATED AT 1328 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, Iowa, is engaged in the La Porte Road Phase II Reconstruction Project to enhance transportation infrastructure; and WHEREAS, the project requires partial right-of-way acquisition, a permanent easement, and a temporary easement on property located at 1328 La Porte Road, owned by La Porte RE, LLC; and WHEREAS, the following agreements have been negotiated and are presented for approval: • Acquisition Contract and Deed for partial right-of-way in the amount of Five Thousand Two Hundred Twenty -Six Dollars ($5,226.00). • Permanent Easement Agreement in the amount of Seven Thousand Four Hundred Sixteen Dollars ($7,416.00). • Temporary Easement Agreement in the amount of Three Hundred Fifty -Eight Dollars ($358.00). WHEREAS, the total compensation amount agreed upon is Thirteen Thousand Dollars ($13,000.00), ensuring compliance with city standards and project requirements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Acquisition Contract, Deed, Permanent Easement Agreement, and Temporary Easement Agreement with La Porte RE, LLC, are hereby accepted and 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. DocuSignned by: A't Du5z D78rwC8449... Quentin Hart, Mayor ATTEST: Docusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543 Resolution 2025-727 Page 2 Signed by: Kelleerciiie, City Clerk SEAL 0* INA