HomeMy WebLinkAbout2011-1046-11/07/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2011-1046
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE WITH RICHARD A. BRANDHORST AND JOYCE
A. BRANDHORST FOR 11145 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, Richard A. Brandhorst and Joyce A. Brandhorst have
paid the Waterloo Water Works the remaining balance of the
Promissory Note and Mortgage for 11145 Kimball Avenue in
conjunction with the Kimball South Rural Water Main Project for
the following described property:
Part of the North One-half (N) of the Northwest
Quarter (NWk) of Section Fifteen (15), Township Eighty-
seven (87) North, Range Thirteen (13) West of the Fifth
Principal Meridian in Black Hawk County, Iowa,
described as follows:
Beginning at a point on the West line of said North
One-half (N%) which is One Hundred Thirty-seven and no
One Hundredths (137.0) feet North of the Southwest
corner of said North One-half (N); thence North 00°00'
East along said West line Three Hundred Sixty and no
One Hundredths (360.0) feet; thence North 90°00' East
Three Hundred Sixty anc3. no One Hundredths (360.0) feet;
thence South 00°00' East Three Hundred Sixty and no One
Hundredths (360.0) feet; thence South 90°00' West Three
Hundred Sixty and no One Hundredths (360.0) feet to the
point of beginning, except those parts conveyed to
Black Hawk County, Iowa, for road purposes in Land Deed
Record Book 103 at page 193 and Land Deed Record Book
545 at page 650.
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
Richard A. Brandhorst and Joyce A. Brandhorst 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.
ATTEST:
Suzy tares, CMC.
City Cl rk
Ernest G. Clark, Mayor