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HomeMy WebLinkAbout2011-1042-11/07/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2011-1042 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE WITH VERYL A. DIETZ AND ROSEMARY DIETZ FOR 9042 DOUGLAS DRIVE, FOR PAYMENT OF PROMISSORY NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH RURAL WATER MAIN PROJECT AND DIRECTING EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. WHEREAS, Veryl A. Dietz and Rosemary Dietz have paid the Waterloo Water Works the remaining balance of the Promissory Note and Mortgage for 9042 Douglas Drive in conjunction with the Kimball South Rural Water Main Project for the following described property: Lot No. Three (3) in Mayer Lake First Addition, in Black Hawk County, Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated November 7, 2011, for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between Veryl A. Dietz and Rosemary Dietz and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 7th day of November, 2011. Ernest G. Clark, Mayor ATTEST: Suzy c ares, CMC City Clerk