HomeMy WebLinkAbout2026-063-02.16.2026.doc (RECORDED) Docusign Envelope ID: DECD8285-8DAE-44FC-BF2E-97A08D8CCAE8
2026-02449
RECORDED: 02/26/2026 11:29:39 AM
RECORDING FEE: $7.00
REVENUE TAX: $
COMBINED FEE: $7.00
SANDIE L. SMITH, RECORDER
BLACK HAWK COUNTY, IOWA
Prepafed LeAnn M. Even, Deputy City Clerk, Cityof Waterloo, 715 Mulbe Street, Waterloo,
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IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-063
A RESOLUTION APPROVING AN AMENDMENT TO
DEVELOPMENT AGREEMENT AND MINIMUM
ASSESSMENT AGREEMENT WITH CROSSROADS REALTY,
LLC DATED JANUARY 5, 2026, TO AMEND THE LEGAL
DESCRIPTION, AND INSTRUCT THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENT.
WHEREAS, The City of Waterloo, Iowa previously entered into a Development
Agreement and Minimum Assessment Agreement with Crossroads Realty, LLC, dated January
5, 2026; and
WHEREAS, Crossroads Realty, LLC has requested, an Amendment to the Agreement for
the limited purpose of amending the legal description.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Amendment to Development Agreement and Minimum Assessment Agreement
with Crossroads Realty, LLC, amending the legal description to the Agreement dated January 5,
2026, 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 161h day of February 2026. —Signed by:
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ATTEST: David Boesen, Mayor
,--Signed by:
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Kelley Felchie, City Clerk
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Docusign Envelope ID: DECD8285-8DAE-44FC-BF2E-97A08D8CCAE8
Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-063
A RESOLUTION APPROVING AN AMENDMENT TO
DEVELOPMENT AGREEMENT AND MINIMUM
ASSESSMENT AGREEMENT WITH CROSSROADS REALTY,
LLC DATED JANUARY 5, 2026, TO AMEND THE LEGAL
DESCRIPTION, AND INSTRUCT THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENT.
WHEREAS, The City of Waterloo, Iowa previously entered into a Development
Agreement and Minimum Assessment Agreement with Crossroads Realty, LLC, dated January
5, 2026; and
WHEREAS, Crossroads Realty, LLC has requested, an Amendment to the Agreement for
the limited purpose of amending the legal description.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The Amendment to Development Agreement and Minimum Assessment Agreement
with Crossroads Realty, LLC, amending the legal description to the Agreement dated January 5,
2026, 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 16th day of February 2026. (—Signed by:
Pcwubt bot,sw,
ATTEST:
p- —Signed by: A
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6OBCOFFBC 4AB..
Kelley Felchie, City Clerk
SEAL
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‘*-393 8397B3D3421...
David Boesen, Mayor