HomeMy WebLinkAbout2019-09-03-Resolution 19-332_Lease Agreement, City Hall Annex, Authorize Additional ActionRESOLUTION 19-332
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL
ACTION FOR THE AUTHORIZATION OF A LEASE AGREEMENT —
BUSINESS PROPERTY (GENERAL FUND) IN THE PRINCIPAL AMOUNT
OF NOT TO EXCEED $700,000 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 not to exceed $700,000, 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 not to exceed $700,000 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 not to exceed $700,000 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 3`d day of September, 2019.
Oay r
ATTEST:
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City Clerk
RESULTS OF VOTE:
AYE
Anna Bergman
X
R. Charles Bottenberg
X
Courtney Clarke
X
Shelly Hughes
X
Larry R. Lyon
X
NAY ABSENT ABSTAIN