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HomeMy WebLinkAbout2026-484-09.08.2026.docDocusign Envelope ID: 562DD6CC-F8C4-87D2-8049-9781D65E5E4E Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-484 RESOLUTION APPROVING THE AMENDMENT TO BUSINESS PROPERTY LEASE WITH FRIENDS OF FAITH RETIREMENT HOMES, INC. FOR THE PURPOSE OF STORMWATER DETENTION, PICKLE BALL COURTS, AND PARKING AT BONTRAGER PARK, AND AUTHORIZING MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo, Iowa has entered into a Business Property Lease with Friends of Faith Retirement Homes, Inc.; and WHEREAS, the City and Friends of Faith Retirement Homes, Inc. desire to amend the Business Property Lease to provide for the use of the leased property for stormwater detention, pickleball courts, and parking at Bontrager Park; and WHEREAS, the City Council finds that approval of the Amendment to Business Property Lease is in the public's interest. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. That the Amendment to Business Property Lease between the City of Waterloo and Friends of Faith Retirement Homes, Inc., for the purpose of stormwater detention, pickleball courts, and parking at Bontrager Park, is hereby approved. 2. That the Mayor and City Clerk are and directed to execute said document on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 8' day of September 2026. Signed by: bot,SUA, 393 8397B3D342I... David Boesen, Mayor ATTEST: "—Signed by: 1 dL y f clog& lrey elbOBCuFYB g4AB.. Kelc le, City Clerk