HomeMy WebLinkAbout2017-326-5/1/2017(RECORDED)1111111
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Bla k Hawk County Iowa
SANDIE L. SMITH RECORDER
Flie2018-00002759
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2017-326
RESOLUTION AUTHORIZING SALE AND CONVEYANCE
OF A CERTAIN TRACT OF LAND KNOWN AS 525 EAST
4TH STREET (ALSO KNOWN AS 525 FRANKLIN STREET),
IN THE AMOUNT OF $58,500.00 AND UP TO $2,000 IN
CLOSING COSTS, AND AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE NECESSARY DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of real property in the City of
Waterloo, Iowa, as describe below, and
WHEREAS, an offer to purchase said certain parcels of real property in the amount of
$58,500, plus up to $2,000 in closing costs has been made by First Presbyterian Church,
Waterloo, Iowa, and
WHEREAS, a public hearing was held on May 1, 2017 at 5:30 p.m. in the Harold E.
Getty Council Chambers, City Hall, Waterloo, Iowa, as provided by law, by the Council of the
City of Waterloo, Iowa, on the proposal to sell and convey premises owned by the City of
Waterloo, Iowa, to First Presbyterian Church, and
WHEREAS, it is the opinion of this council that said sale and conveyance should be
made as proposed.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA, AS FOLLOWS:
1. The following described real property, as fully described in the published notice in the
Waterloo Courier on April 21, 2017 is not presently needed and will not be needed in the
foreseeable future for municipal purposes and its ownership is serving no municipal purpose, and
2. That the offer of First Presbyterian Church to purchase real property for the sum of
$58,500, plus up to $2,000 in closing costs, is hereby accepted for real property described as
follows:
THAT THE SOUTHEASTERLY 95 FEET OF LOTS 8 AND 9, EXCEPT THAT PART
OF SAID LOT 8 LYING EAST OF THEWEST LINE OF EAST FOURTH STREET
DEEDED TO THE CITY OF WATERLOO, IA IN X TLD 485.
A PART OF LOT 1 COMMENCING AT A POINT ON THE NORTHEASTERLY LINE
OF SAID LOT 8 THAT IS 55 FEET SOUTHEASTERLY FROM THE MOST
NORTHERLY CORNER OF SAID LOT 8; THENCE NORTHEASTERLY ALONG A
LINE DRAWN AT RIGHT ANGLES TO THE NORTHEASTERLY LINE OF SAID
LOT 8, 60 FEET; THENCE SOUTHEASTERLY ALONG A LINE THAT IS
PARALLEL WITH THE NORTHEASTERLY LINE OF SAID LOT 8 TO THE WEST
LINE OF EAST FOURTH STREET; THENCE SOUTH ALONG THE WEST LINE OF
EAST FOURTH STREET TO THE NORTHEASTERLY LINE OF SAID LOT 8;
THENCE NORTHWESTERLY ALONG THE NORTHEASTERLY LINE OF SAID
LOT 8 TO THE POINT OF BEGINNING.
ALL IN BLOCK 61 IN THE COOLEY ADDITION TO THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA.
Resolution 2017-326
Page .2
3. That the City of Waterloo, Iowa conveys said parcels of real property described above
to First Presbyterian Church, by deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said deed, fully executed and acknowledged, is hereby approved
and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed to the First Presbyterian Church upon receipt of $58,500 and closing costs.
PASSED AND ADOPTED this lst day of May 2017.
ATTEST:
Le M. Even, CMC, ICMC
Deputy City Clerk
Ron Welper, Mayor Pro Tem
CERTIFICATE
I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify
that the preceding is a true and complete copy of Resolution 2017-326, as passed and adopted by
the Council of the City of Waterloo, Iowa, on the 1st day of May 2017.
SEAL`
Witness my hand and seal of office this 1st day of May 2017.
C
LeAnn VI. Even, MC,IICMC
Deputy ity Clerk