HomeMy WebLinkAbout2026-085-03.02.2026.docDocusign Envelope ID: 64337050-5C29-4744-A60B-7C4FE414B39A
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-085
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF 718 W. 2ND STREET TO IOWA
HEARTLAND HABITAT FOR HUMANITY IN THE AMOUNT
OF $1.00 AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo owns certain real property located at 718 W. 2nd
Street, which is deemed suitable for conveyance to support local development initiatives; and
WHEREAS Iowa Heartland Habitat for Humanity has expressed interest in purchasing
said property to facilitate development consistent with the City's land use plans and economic
development objectives; and
WHEREAS, the sale of the property for $1.00 is anticipated to promote future
development and economic activities, thereby potentially increasing property tax revenues and
benefiting the community; and
WHEREAS, the City Council has determined that the sale is in the best interest of the
city and its residents in promoting urban development.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo,
Iowa, that:
1. The City Council hereby approves the sale and conveyance of city -owned property
located at 718 W. 2nd Street to Iowa Heartland Habitat for Humanity in the amount of $1.00.
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 2nd day of March 2026.
,.—Signed by:
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D va idiioes n, ayor
ATTEignedST:
by:
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Kelleytellc ile, Litt' Clerk