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HomeMy WebLinkAbout2024-12-16 H01A Raser Family Trust Lease Agr_Additional ActionAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: December 16, 2024 AGENDA ITEM:Consideration of approval of a resolution instituting proceedings to take additional action to enter into a Lease Agreement – Business Property with The Raser Family Trust dated 6/17/2005 FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Resolution PREPARED BY:Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: H1A RESOLUTION 2024- RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION OF A LEASE AGREEMENT – BUSISNESS PROPERTY (GENERAL FUND) IN THE PRINCIPAL AMOUNT OF $22,000 FOR REAL PROPERTY FOR USE BY THE CITY WHEREAS, pursuant to notice published as required by law, this Council has held a public meeting and hearing upon the proposal to institute proceedings for the authorization of a Lease Agreement – Business Property, a copy of which is on file in the City Clerk’s office, in the principal amount of $22,000, payable from the General Fund, for the purpose of paying costs of real property for use by the City, and has considered the extent of objections received from residents or property owners as to said proposal and, accordingly the following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE, IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization of a Lease Agreement – Business Property (General Fund) in the principal amount of $22,000 to evidence the obligation thereof for the foregoing purpose. Section 2. The Mayor and Clerk are authorized and directed to proceed on behalf of the City with the finalizing the Lease Agreement – Business Property, evidencing the City's obligations to a principal amount of $22,000 and otherwise to take all action necessary to permit the execution of the Lease Agreement on a basis favorable to the City. PASSED AND APPROVED this 16th day of December, 2024. _____________________________ Mayor ATTEST: ______________________________ City Clerk