HomeMy WebLinkAbout2011-1052-11/07/2011This Resolution prepared by Carol Failor, Deputy City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2011-1052
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE WITH RICHARD J. PLATT AND LORI PLATT
FOR 8611 HAMMOND 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 J. Platt and Lori Platt have paid the
Waterloo Water Works the remaining balance of the Promissory Note
and Mortgage for 8611 Hammond Avenue in conjunction with the
Kimball South Rural Water Main Project for the following
described property:
The South Two Hundred Eighty-five (285.0) feet of the
North Eight Hundred Eighty-five (885.0) feet of the
West Seven Hundred Fifty-one (751.0) feet of the
Northwest Quarter (NW's) of the Southwest Quarter (SW'41)
of Section Thirty-five (35), Township Eighty-eight
North, Range Thirteen (13) West of the Fifth Principal
Meridian 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
Richard J. Platt and Lori Platt 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. Clar Mayor
ayor
ATTEST:
Suzy Sch re
CMC
City Clerk