HomeMy WebLinkAbout2011-1121-12/5/2011 This Resolution prepared by Carol Failor, Deputy City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2011-1121
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON THE
PROPOSED EXCHANGE AGREEMENT WITH L AND H
FARMS, LTD. AS DECEMBER 12, 2011, AT 5: 30
P.M. IN CITY HALL COUNCIL CHAMBERS, WATERLOO,
IOWA AND INSTRUCTING THE CITY CLERK TO
PUBLISH THE NOTICE OF HEARING.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
AS FOLLOWS:
Section 1 . That the Council of the City of Waterloo, Iowa
shall meet at City Hall Council Chambers in the City of
Waterloo, Iowa at 5: 30 p.m. on the 12 th day of December 2011, for
the purpose of considering and acting upon a proposed Purchase
of 50 acres of farm land in the amount of $750, 000 and Exchange
Agreement with L and H Farms, Ltd. for 24 . 5 acres of development
land located at the southeast corner of Ansborough Avenue and
Highway 20, plus up to $10, 000 . 00 in closing costs, and legally
described as follows:
That part of the Southwest Quarter of the Northwest
Quarter (SWC NW'--4) of Section No. 9, Township No. 88
North, Range No. 13 West of the Fifth Principal
Meridian Cit of Waterloo Black Hawk Count Iowa
Y Y�
EXCEPT Parcel "B" conveyed to the City of Waterloo by
deed dated March 16, 2010 and filed May 5, 2010 as Doc.
No. 2010-20575; and EXCEPT Tract "A" in a right-of-way
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plat dated January 19, 1979, and filed May 30, 1980, as
539 Lot Deed 982-991; and EXCEPT Tract "B" (Easement)
in the same right-of-way plat filed as 539 Lot Deed
982-991, and EXCEPT Fee Tract "B" in the Acquisition
Plat filed July 11, 2005 as Document No. 2006873;
AND
The North 43 feet of the North Half of the Southwest
Quarter (N'-� SW's) in Section No. 9, Township No. 88
North, Range No. 13 West of the Fifth Principal
Meridian, Black Hawk County, Iowa;
AND
That art of the West Half of the Northeast Quarter of
P
Section No. 9, Township No. 88 North, Range No. 13 West of the
Fifth Principal Meridian, in the City of Waterloo, Black Hawk
County, Iowa, described as beginning at the Center of said
Section; thence 0 degrees 03 minutes West 1033. 5 feet along the
West line of said Northeast Quarter; thence South 89 degrees, 191'
minutes East 920 . 5 feet; thence South 26 degrees 56 minutes West
508 . 5 feet; thence South 0 degrees 541-� minutes West 561 . 8 feet to
a point on the South line of said Northeast Quarter; thence South
89 degrees 211-1 minutes West 680 . 4 feet along said South line to
the point of beginning (Tax Parcel No. 8813-09-251-004) .
Subject to easements, restrictions, covenants, ordinances
and limited access provisions of record and not of record all in
the City of Waterloo, Black Hawk County, State of Iowa.
Resolution 2011-1121
Page 2
AND
City of Waterloo "Farm Land" to convey to L and H Farms,
Ltd. As part of Exchange Agreement as described below:
The East 1722 Feet of the North Half of the Northwest
Quarter of Section 26, Township 88 North Range 13 West of
the 5th P.M. , Black Hawk County, Iowa, except the North 55
feet thereof (50 acres more or less) .
Subject to easements, restrictions, covenants, ordinances
and limited access provisions of record and not of record all in
the City of Waterloo, Black Hawk County, State of Iowa.
Section 2 . That the City Clerk is hereby directed to
publish notice of the time and place of said hearing in the
Waterloo Courier.
PASSED AND ADOPTED this 5th day of December 2011 .
4ir�—nest . Clark, Mayor
ATTEST:
Suzy S ares, CMC
City C erk