| | | | | | | | CITY OF WATERLOO
Council Communication
Resolution approving an Early Access Agreement with Koelker Properties, LLC to allow fill and earth-moving activities in preparation of development of the site west of 3180 West Airline Highway, and authorizing the Mayor and City Clerk to execute said document.
City Council Meeting: 10/4/2021
Prepared: 9/21/2021 |
| | | | | | | | SUBJECT:
| Resolution approving an Early Access Agreement with Koelker Properties, LLC, to allow fill and earth-moving activities in preparation of development of the site west of 3180 West Airline Highway, and authorizing the Mayor and City Clerk to execute said document.
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| | | | | | | | Submitted by:
| Submitted By: Noel Anderson, Community Planning and Development Director |
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| | | | | | | | Recommended Action:
| Approval |
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| | | | | | | | Summary Statement:
| Koelker Properties, LLC wishes to enter into a an Early Access Agreement with the City of Waterloo to develop the site and the additional fill is needed for the development plan. Future plans are to enter into a development agreement with the city for new construction. The developer constructed a new 12,300 square foot building directly to the east of this location at 3180 West Airline Highway in 2019 and plans are proceeding to begin construction of another 10,000 square foot building on that same property. |
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| | | | | | | | Neighborhood Impact:
| The request to bring in the fill to prep the site for development would not appear to negatively impact the area as long as it is properly contained. |
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| | | | | | | | Data/Analysis and Strategies:
| Strategies 1.3, 1.4, 1.7, 3.1, and 3.8 --- creation of jobs, ways to create an environment to attract population to Waterloo, create new tax base, new investment in TIF areas
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| | | | | | | | Expenditure Required/Source of Funds:
| None |
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| | | | | | | | Legal Descriptions:
| Parcel "E" of Plat of Survey Doc. No. 2016-11511 of pat of the Southeast Quarter of Section 5, Township 89 North, Range 13 West of the 5th P.M, Waterloo, Black Hawk County, Iowa |
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