HomeMy WebLinkAbout2014-507-06/16/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-507
RESOLUTION APPROVING BUSINESS PROPERTY
LEASES AND EXCHANGE AGREEMENTS WITH R & S
COMMERCIAL, LLC AND R & S RENTAL PROPERTIES,
LLC (SJ CONSTRUCTION) OF WATERLOO, IOWA AND
DIRECTING EXECUTION OF SAID AGREEMENTS BY
MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Business Property Leases and Exchange Agreements dated
June 16, 2014, at a cost of $1.00 for a term ending December 31,
2014, for the lease of City -owned land located on the northwest
corner of East 9th Street and Sycamore Street, by and between
R & S Commercial, LLC and R & S Rental Properties, LLC (SJ
Construction) of Waterloo, Iowa and the City of Waterloo, Iowa,
be and the same is hereby approved, and the Mayor and City Clerk
authorized to execute the same in behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this
ATTEST:
uzy Scha es, CMC
City Cler
16th day
of
June,
2014.
YZ" r
�
z
Ernest
G.
Clark,
Mayor