NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF
THE CITY OF KINGSLEY IN THE STATE OF IOWA, ON THE
MATTER OF THE PROPOSAL TO ENTER INTO A GRANT
AGREEMENT WITH MICHAEL D. HENRY AND ALEXIS M.
HENRY, AND THE HEARING THEREON
PUBLIC NOTICE is hereby given that the Council of the City of Kingsley in the State of Iowa, will hold a public hearing on January 3, 2023, at 7:15 P.M. in the Council Chambers, City Hall, 222 Main Street, Kingsley, Iowa, at which meeting the Council proposes to take action on the proposal to enter into a Grant Agreement (the “Agreement”) with Michael D. Henry and Alexis M. Henry (the “Developer”).
The Agreement would obligate the Developer to continue to operate its business on property located at 212 Main Street, Kingsley, Iowa (the “Development Property”).
The Agreement further proposes that the City will make one (1) annual payment to the Developer (the “Economic Development Grants”), in the amount of $5,000, to be paid by the City on or before February 1, 2023 with the aggregate amount of the Economic Development Grants not to exceed $5,000, under the terms and following satisfaction of the conditions set forth in the Agreement.
A copy of the Agreement is on file for public inspection during regular business hours in the office of the City Clerk, City Hall, City of Kingsley, Iowa.
At the above meeting the Council shall receive oral or written objections from any resident or property owner of said City, to the proposal to enter into the Agreement with the Developer. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action on the proposal or will abandon the proposal to authorize said Agreement.
This notice is given by order of the City Council of the City of Kingsley in the State of Iowa, as provided by Section 364.6 of the City Code of Iowa.
Dated this 13th day of December, 2022.
/s/ Vicki Sitzmann
City Clerk, City of Kingsley in the State of Iowa
Published in The Record
Thursday, December 22, 2022