HomeMy WebLinkAbout2017-168-3/6/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2017-168
RESOLUTION AUTHORIZING SALE AND CONVEYANCE
OF CITY OWNED PROPERTIES LOCATED AT 519 E. 3RD
STREET, 516 PINE STREET,AND 521 PINE STREET.
WHEREAS, the City of Waterloo, Iowa is the owner of real properties in the City of
Waterloo, Iowa, as describe below, and
WHEREAS, an offer to purchase said properties in the sum of$1.00 each has been made
by JSA Development, LLC, and
WHEREAS a
public hearing was held on March 6 2017 at 5:30 .m. in the Harold E.
p g p
Getty Council Chambers, City Hall, Waterloo, Iowa, as provided by law, by the Council of the
City of Waterloo, Iowa, on the proposal to sell and convey premises owned by the City of
Waterloo, Iowa,to JSA Development,LLC, and
WHEREAS, it is the opinion of this council that said sale and conveyance should be
made as proposed.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO,IOWA,AS FOLLOWS:
1. The following described real properties, as fully described in the published notice in
the Waterloo Courier on February 24, 2017 is not presently needed and will not be needed in the
foreseeable future for municipal purposes and its ownership is serving no municipal purpose, and
2. That the offer of JSA Development, LLC, to purchase real properties for the sum of
$1.00 each, is hereby accepted for real property described as follows:
519 E. 3rd Street: COOLEY ADDITION, SW 30 FT LOT 4 BLK 63, SW 5 FT NE 30
FT SE 97.3 FT OF LOT 4 BLK 63, and NE 15 FT LOT 5 BLK 63, CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA.
516 Pine Street: COOLEY ADDITION, E 40 FT N 75 FT LOT 6 BLK 72 AND 10 FT
ADJ ON EAST, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
521 Pine Street: COOLEY ADDITION, W 50 FT LOT 1 BLK 68, and W 50 FT S 30
FT LOT 2 BLK 68, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
3. That the City of Waterloo, Iowa conveys said parcels of real properties described
above to JSA Development, LLC by Special Warranty Deeds.
4. That the Mayor and City Clerk are authorized and directed to execute said Special
Warranty Deeds.
5. That the originals of said Special Warranty Deeds, fully executed and acknowledged,
are hereby approved and confirmed by this Council
6. That the Community Planning and Development Director is authorized and directed to
deliver said Special Warranty Deeds to JSA Development, LLC upon receipt of$1.00 per parcel.
PASSED AND ADOPTED this 6th day of March 2017.
Quentin Hart, Mayor
Resolution No. 2017-168
Page 2
ATTEST:
Kelley Felc
City Clerk
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution 2017-168, as passed and adopted by the
Council of the City of Waterloo,Iowa, on the 6t'day of March 2017.
Witness my hand and seal of office this 6t'day of March 2017.
elley Fel
c e
City Clerk
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