HomeMy WebLinkAbout2014-427-06/02/2014 (2)Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-427
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON THE
PROPOSED DEVELOPMENT AGREEMENT WITH
ELIZABETHBLAKE, LLC OF BUCKINGHAM, IOWA FOR
THE CONSTRUCTION OF A 7,500 SQUARE FOOT
INDUSTRIAL BUILDING AT 2005 WESTFIELD AVENUE,
ADDING $220,000.00 OF TAXABLE VALUE TO THE
SITE, AND OFFERING A GRANT UP TO $40,000.00
FOR SANITARY SEWER LINE RELOCATION, AS
JUNE 16, 2014, AT 5:30 P.M. IN HAROLD E.
GETTY COUNCIL CHAMBERS, CITY HALL, WATERLOO,
IOWA AND INSTRUCTING THE CITY CLERK TO
PUBLISH THE NOTICE OF HEARING.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
AS FOLLOWS:
Section 1. That the Council of the City of Waterloo, Iowa
shall meet in the Harold E. Getty Council Chambers, City Hall,
in the City of Waterloo, Iowa at 5:30 p.m. on the 16th day of
June, 2014, for the purpose of considering and acting upon a
proposed Development Agreement with ElizabethBlake, LLC for the
construction of a 7,500 square foot industrial building at 2005
Westfield Avenue, adding $220,000.00 of taxable value to the
site, and offering a grant up to $40,000.00 for sanitary sewer
line relocation, and legally described as follows:
Commencing at a point on a line that is parallel with
and 325.0 feet Northeasterly from the center line of
the Chicago, Rock Island & Pacific Railway, said point
being 297.4 feet from the intersection of said parallel
line with the North and South center line of said
Section No. 22; thence South parallel with the North
and South center line of said Section No. 22, 130.3
feet, thence Northwesterly on a line that is parallel
with the center line of the Chicago, Rock Island &
Pacific Railway 472.3 feet to a point on a line that is
parallel with the North and South center line of said
Section No. 22 and 769.7 feet from the North and South
center line of said Section 22, measured along the
Chicago, Rock Island & Pacific Railway, thence North
parallel with said Center line of Section No. 22,
1167.52 feet; thence Southeasterly along the right-of-
way of the Waterloo, Cedar Falls & Northern Railway
204.7 feet, thence South parallel with the North and
South center line of said Section No. 22, 37.62 feet,
to a point that is on a line that is parallel with and
325.0 feet Northeasterly from the center line of the
Chicago, Rock Island & Pacific Railway said point being
565.0 feet from the intersection of said parallel line
with the North and South center line said Section No.
22, thence Southeasterly along the line that is
parallel with and 325.0 feet from the center line of
the Chicago, Rock Island & Pacific Railway 267.6 feet
to point of commencement.
Excepting that part thereof conveyed to the Waterloo,
Cedar Falls, & Northern Railway Company by Warranty
Deed recorded in 84 LD 221.
AND
Resolution 2014-427
Page 2
A part of the Northeast Quarter of the Southwest
Quarter of Section No. 22, Township No. 89 North, Range
No. 13 West of the Fifth Principal Meridian, in Black
Hawk County, Iowa, described as follows:
Commencing at a point on the Northeasterly line of the
right-of-way of the Chicago, Rock Island & Pacific
Railway that is 769.7 feet Northwest of the North and
South center line of said Section (Measured along the
Northeasterly line right-of-way); thence North along a
line that is parallel with the North and South center
line of said Section a distance of 215.4 feet; thence
Southeasterly along a line that is parallel with the
Northeasterly line of said right-of-way a distance of
472.3 feet; thence South along a line that is parallel
with the North and South center line of said Section a
distance of 215.4 feet to the Northeasterly line of
said right-of-way; thence Northwesterly along the
Northeasterly line of said right-of-way a distance of
472.3 feet to the point of beginning, except for the
land conveyed to the State of Iowa described in 553 LD
360.
Section 2. That the City Clerk is hereby directed to
publish notice of the time and place of said hearing in the
Waterloo Courier.
PASSED AND ADOPTED this 2nd day of June, 2014.
Ernest G. Clark, Mayor
ATTEST:
-T-1-LkAp
zy Sc ares, CMC
City Cl rk