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HomeMy WebLinkAbout2011-1045-11/07/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2011-1045 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE WITH ROGER D. DEVRIES AND GLADYS M. DEVRIES FOR 11707 KIMBALL AVENUE, 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, Roger D. DeVries and Gladys M. DeVries have paid the Waterloo Water Works the remaining balance of the Promissory Note and Mortgage for 11707 Kimball Avenue in conjunction with the Kimball South Rural Water Main Project for the following described property: Lot No. Eight (8) in Steimel's 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 Roger D. DeVries and Gladys M. DeVries 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, ayo -t� ATTEST: Suzy hes, CMC City Clerk