HomeMy WebLinkAbout2025-678-11.17.2025.docDocusign Envelope ID: 1363EA07-DEDD-4EA8-BA11-4B3EC1 FEOF21
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-678
RESOLUTION APPROVING REQUEST BY THE WATERLOO
REGIONAL AIRPORT TO RELEASE 89.16 ACRES OF
AIRPORT PROPERTY KNOWN AS PARCEL F, FOR THE
AMOUNT OF $2,675,000.00, TO THE CITY OF WATERLOO,
IOWA FOR CONTINUED DEVELOPMENT, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE ALL FORMAL LAND RELEASE DOCUMENTS AS
REQUIRED AND SUBMIT SAID DOCUMENTS TO THE
FEDERAL AVIATION ADMINISTRATION.
WHEREAS The City of Waterloo, Iowa owns and operates the Waterloo Regional
Airport; and
WHEREAS, Airport property identified as "Parcel F," consisting of approximately 89.16
acres as legally described as follows:
DESCRIPTION: AIRPORT RELEASE PARCEL F
A PARCEL OF LAND LOCATED IN THE SOUTHWEST QUARTER
AND NORTHWEST FRACTIONAL QUARTER OF SECTION 5,
TOWNSHIP 89 NORTH, RANGE 13 WEST OF THE 5TH PRINCIPAL
MERIDIAN, CITY OF WATERLOO, BLACK HAWK COUNTY, STATE
OF IOWA, AND BEING MORE PARTICULARLY DESCRIBED AS
FOLLOWS:
COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
5; THENCE NORTH 00°36'49" EAST (NORTH 00°36'39" EAST PER
RELEASES OF FEDERAL ENCUMBRANCES AT THE WATERLOO,
IOWA REGIONAL AIRPORT SURVEY PREPARED BY EARTHTECH
DATED JANUARY 26, 2006) ALONG THE WEST LINE OF SAID
SECTION 795.25 FEET; THENCE SOUTH 89°23' 11" EAST (SOUTH
89°23'21" EAST PER EARTHTECH SURVEY) 33.00 FEET TO THE
INTERSECTION OF THE PRESENT NORTHERLY RIGHT-OF-WAY
LINE OF THE CANADIAN NATIONAL RAILROAD AND THE EAST
RIGHT-OF-WAY LINE OF LEVERSEE ROAD AND ALSO BEING
THE SOUTHWEST CORNER OF AIRPORT RELEASE PARCEL D
PER EARTHTECH SURVEY; THENCE NORTH 00°36'49" EAST
(NORTH 00°36'39" EAST PER EARTHTECH SURVEY) ALONG THE
EAST RIGHT-OF-WAY LINE LEVERSEE ROAD 1189.64 FEET TO
THE NORTHWEST CORNER OF SAID RELEASE PARCEL D AND
THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE
CONTINUING NORTH 00°36'49" EAST ALONG THE SAID EAST
LEVERSEE ROAD RIGHT-OF-WAY 702.35 FEET TO THE NORTH
LINE OF THE SOUTHWEST QUARTER OF SECTION 5; THENCE
NORTH 00°27'21" EAST ALONG THE EAST RIGHT-OF-WAY LINE
OF LEVERSEE ROAD 395.39 FEET TO THE SOUTHWESTERLY
LINE OF AIRPORT RELEASE PARCEL C; THENCE SOUTH
89°47'33" EAST (SOUTH 89°48'20" EAST PER EARTHTECH
SURVEY) ALONG SAID SOUTHWESTERLY LINE 208.35 FEET;
THENCE NORTH 67°02'45" EAST (NORTH 67°02' 10" EAST PER
EARTHTECH SURVEY) ALONG THE SOUTHEASTERLY LINE OF
RELEASE PARCEL C 2623.16 FEET (2623.53 FEET PER
Docusign Envelope ID: 1363EA07-DEDD-4EA8-BA11-4B3EC1 FEOF21
Resolution No. 2023-678
Page 2
EARTHTECH SURVEY) TO THE SOUTHEAST CORNER OF SAID
PARCEL; THENCE SOUTH 07°02'54" WEST ALONG A LINE THAT
IS 684 FEET NORTHWESTERLY OF AND PARALLEL WITH THE
CENTERLINE OF RUNWAY 18/36 AND ITS SOUTHWESTERLY
EXTENSION 2172.16 FEET TO THE NORTHEAST CORNER OF SAID
RELEASE PARCEL D; THENCE NORTH 89°08'07" WEST (NORTH
89°08'13" WEST PER EARTHTECH SURVEY) ALONG THE NORTH
LINE OF RELEASE PARCEL D 2368.20 FEET TO THE POINT OF
BEGINNING CONTAINING 3,883,827 SQUARE FEET OR 89.16
ACRES.
WHEREAS, the proposed release is to facilitate continued development by the City of
Waterloo and is consistent with local land use plans and compatible with airport operations; and
WHEREAS, the proposed consideration to the Airport for Parcel F is $2,675,000.00,
representing fair market value as supported by appraisal and/or valuation on file with the Airport;
and
WHEREAS, the release of airport property from federal obligations requires approval by
the Federal Aviation Administration ("FAA") and must be consistent with the current or
conditionally approved Airport Layout Plan ("ALP"), applicable FAA policies, and
environmental requirements; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The City hereby approves the Airport's request to release approximately 89.16 acres of
Airport property known as Parcel F to the City of Waterloo for continued development for the
total consideration of $2,675,000.00, subject to FAA approval and any conditions thereof.
2. The Mayor and City Clerk are authorized and directed to execute said documents on
behalf of the City of Waterloo, Iowa, and submit said documents to the Federal Aviation
Administration.
PASSED AND ADOPTED this 17th day of November 2025.
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Signed by:
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Kelley Felchle, City Clerk
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Quentin Hart, Mayor