Waterloo City Council approves Cedar Valley SportPlex motions - KWWL - Eastern Iowa Breaking News, Weather, Closings

Waterloo City Council approves motions to put the Cedar Valley SportsPlex in motion

Posted:
Courtesy Waterloo Development Corporation Courtesy Waterloo Development Corporation
WATERLOO (KWWL) -

The City of Waterloo unanimously passed three motions to help put a multi-million dollar project into motion Monday.

The Cedar Valley SportsPlex will be a 13,000 square foot facility with a large field house, a gymnasium with basketball courts, and an indoor track.

Nearly 20 million dollars in private funding has already been raised. The facility is expected to cost between $25-27 million dollars.

Monday night the council approved the construction plans, the lease agreement, and the property sale.

Several residents asked the city if the facility would be able to meet the expected projections to stay afloat.

"We are quite confident that if the membership performs as we believe it will and if the facility used for all of the activities that its going to be available for we feel that we can operate with the building in the black," Waterloo Mayor Buck Clark said.

The city is expected to take over the facility after eight years, but if the facility is not performing up to the city's expectations, the city has the right not to take ownership.

Construction will break ground Thursday morning and the facility is set to open fall of 2013.

  • NEWSNEWSMore>>

  • Eastern Iowa farmers hoping for rain for dry crops

    Eastern Iowa farmers hoping for rain for dry crops

    Wednesday, August 20 2014 8:50 PM EDT2014-08-21 00:50:19 GMT
    The end of this ear of corn is stunted due to a lack of moistureThe end of this ear of corn is stunted due to a lack of moisture
    Iowa's secretary of agriculture Bill Northey says eastern Iowa is the driest part of the state right now.More >>
    Iowa's secretary of agriculture Bill Northey says eastern Iowa is the driest part of the state right now.More >>
  • Two injured in car crash

    Two injured in car crash

    Wednesday, August 20 2014 8:47 PM EDT2014-08-21 00:47:16 GMT
    Two people were injured Wednesday evening in a car crash.More >>
    Two people were injured Wednesday evening in a car crash.More >>
  • Holder says he understands mistrust of police

    Holder says he understands mistrust of police

    Wednesday, August 20 2014 8:43 PM EDT2014-08-21 00:43:51 GMT
    Police and protesters in Ferguson were finally able to share the streets again at night, putting aside for at least a few hours some of the hostility that had filled those hours with tear gas and smoke.More >>
    Attorney General Eric Holder sought Wednesday to reassure the people of Ferguson about the investigation into Michael Brown's death and said he understands why many black Americans do not trust police, recalling how he...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KWWL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Sandy Youngblut at 319-291-1259. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.