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HomeMy WebLinkAbout2026-370-07.06.2026.docDocusign Envelope ID: AF1A158D-DDOE-8E16-8256-5798860AE9CE Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-370 RESOLUTION ACCEPTING AND APPROVING AN ACQUISITION CONTRACT, AND APPROVING A DEED TO CONVEY REAL PROPERTY, TO THE CITY OF WATERLOO, FOR PARTIAL PROPERTY ACQUISITION AND TEMPORARY EASEMENT AGREEMENT WITH D AND C MANAGEMENT, LC, IN THE AMOUNT OF $18,000.00 FOR PROPERTY LOCATED AT 2133-2159 FAIRWAY LANE, IN CONJUNCTION WITH THE FAIRWAY LANE RECONSTRUCTION PROJECT, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo, Iowa, is undertaking the Fairway Lane Reconstruction Project; and WHEREAS, in conjunction with said project, it is necessary and in the best interest of the City to acquire a portion of the property located at 2133-2159 Fairway Lane, together with a temporary easement, from D and C Management, LC; and WHEREAS, D and C Management, LC, has agreed to convey the necessary partial property interest and temporary easement to the City pursuant to an Acquisition Contract and Deed to Convey Real Property in the amount of $18,000.00; and WHEREAS, the City Council finds it appropriate to accept and approve said Acquisition Contract and approve the Deed to Convey Real Property, and to authorize execution of the same. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The Acquisition Contract with D and C Management, LC, for partial property acquisition and Temporary Easement Agreement for property located at 2133-2159 Fairway Lane, in conjunction with the Fairway Lane Reconstruction Project, in the amount of $18,000.00, is hereby accepted and approved. 2. The Deed to Convey Real Property to the City of Waterloo pursuant to said Acquisition Contract is hereby approved. 3. 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 6th day of July 2026. ATTEST: ,-Signed by: �GGLC� fU& Kel ey e chfe ' ity Clerk SEAL Signed by: �GWud, f jbt,SUA. David ebsen4?Mayor