HomeMy WebLinkAbout2011-1047-11/07/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2011-1047
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE WITH GLEN N. NYMAN AND JOAN M. NYMAN
FOR 9007 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, Glen N. Nyman and Joan M. Nyman have paid the
Waterloo Water Works the remaining balance of the Promissory Note
and Mortgage for 9007 Kimball Avenue in conjunction with the
Kimball South Rural Water Main Project for the following
described property:
The North Two Hundred (200.0) feet of the West Six
Hundred Fifty-four (654.0) feet of the Northwest
Quarter (NWk) of Section Three (3), Township Eighty-
seven (87) North, Range Thirteen (13) West of the Fifth
Principal Meridian in Black Hawk County, Iowa, except
that part thereof conveyed to Black Hawk County, Iowa,
for road purposes by Warranty Deed recorded in Land
Deed Record Book 102 at Page 537 of the records of said
County.
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
Glen N. Nyman and Joan M. Nyman 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:
•,
c ares, CMC
City Clerk
L.d,74„,
Ernest G. Clark, Mayor