HomeMy WebLinkAboutBlack Hawk Contracting & Development, Inc.-2/23/2015Prepared by Christopher S. Wendland, P.O. Box 596, Waterloo, IA 50704. Phone (319) 234-5701
Return to preparer after recording.
RELEASE OF REVERSIONARY RIGHTS
WHEREAS, on or about September 6, 2011, the City of Waterloo, Iowa ("City") and Black Hawk
Contracting & Development, Inc. ("Developer") entered into a certain Development Agreement (the
"Agreement"), filed July 5, 2012 as Doc. No. 2013-00299, concerning real property legally described as
referenced in the Agreement; and
WHEREAS, the Agreement provided a right of reversion to the City if the Developer failed to take
timely action to develop the property on the terms set forth in the Agreement; and
WHEREAS, Developer has satisfied the conditions for extinguishment of the City's reversionary
rights as to certain portions of the property.
NOW, THEREFORE, City does hereby release and relinquish all rights of reversion, or similar
rights, arising from or in connection with the Agreement as such rights relate to real property now legally
described as "Tract 5 of Plat of Survey Doc. #2012-05789 being a part of Lots 5 and 6, Block 14, Second
Addition to Grand View Place, Waterloo, Iowa."
Dated a /P' 3 / t 5
CITY OF ATERLOO, IOWA
By.
//
rnest G. Clark, Mayor
Attest:.
Suzy Schaes City Clerk
STATE OF IOWA )
) ss.
BLACK HAWK COUNTY )
This record was acknowledged before me on 3 /1 S , by Ernest G. Clark
and Suzy Schares and Mayor and City Clerk, respectively, of the City of Waterloo, Iowa.
NANCY HIGBY
COM�M�IiS�S�ION SSINO388p2�2p9
ON
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Notary Public
Pagel or 1
I'f!!Ilfi 719®�®1111 11 �111E��®
Doc ID: 004581380001 Type: GEN
Kind: BUoVEV
Recorded: 08/30/2011 at 03:02:00 P(1
Fee Amt: 7.00 Page 1 of 1
Black Hain County Iowa
JUDITH A MCCARTHY RECORDER
FL1e2012-00005789
Kirk D. Eschliman, P.L.S. Iowa Lie. No. 9961, 819 Sycamore Street, Waterloo, Iowa 50703-4729 - Phone: 319-234-0509
-ax—TO BURTON AVE
3.00)
(27.51)
PLAT OF SURVEY
(5895756' - 58.00)
WEST PARKER STREET
CENTERLINE 66 Ft PUBLIC Rtt71T OF WAY
(S89'S7'56"E - 58.00)
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CITY OF WATERLOO pg
BLACK HAWK! COUNTY -"gg7`
S ANTE OE IOWA Iv
(N8913618'W - 63.551
3"E - 66.0
(sewse'2B'E - 45.93')
1
(24.65) (33m1
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TO AVON AYE.
(589'57'56"E - 58.00')
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(N/39.5fiii: "W — s.OD'
(25.50) (µq
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g
(1093') Gun (za6P} $ 53 (scar)
aid ( � � (sesse'2e'E)
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LEGAL DESCRIPTION:
A SURVEY OF TRACT 5, AN UN -ASSIGNED ADDRESS ON %EST PARKER STREET, DESCRIBED AS FOLLOWS:
LOT 6 EXCEPT THAT PART OF LOT 6 LYING EAST OF A UNE BEGINNING 21.73 FEET WEST OF THE NORTHEAST CORNER OF SAID LOT 6;
THENCE SW(HERLY TO THE POINT OF TERMINATION OF THIS LANE 2263 FEET WEST OF THE SOUTHEAST CORNER OF SAID 101 6; AND
THAT PART OF LOT 5 LUNG EAST OF A UNE BEGINNING 24.65 FEET WEST OF THE NORTHEAST CORNER OF SAID LOT 6; THENCE
SOUTHERLY TO THE POINT OF TERM9NARON OF VS UNE 25.56 FEET WEST Of THE SOUTHEAST CORNER OF SAID LOT 6; ALL IN BLOCK
14 OF THE SECOND AVM TO GRAND VIEW PLACE IN THE CITY OF WATERLOO, BUD( HAWK COUNTY, STATE OF IOWA
(21.73)
1
PONT TA10) (tae FT.) 50e+0/7
,711
v��O b1�E
E
l ¢"
�_-RE,w YA4s (20.6 rt) sum_
B
NO. 14
SECOND DITION TO to I
GRAND IEW PLACE will
(27.0.3) (35.31) 61 a
g.
0
(58957'5E
(leen
(N8956'28"W - 58.00)
51515 (seor)
issess'aro
nazi)
(N89'56'28'
GRAPHIC SCALE
30
60
1 Inch 30 Ft.
"*" DENOTES ASSUMED BEARING
V' DENOTES MONUMENT FOUND
V DENOTES MONUMENT SET
0.00' DENOTES RECORD DIMENSION
(0.00) DENOTES FIELD DIMENSION
SURVEY 15 A DIVCSION OF LAND, & HAS
WATERLOOZOMNC STAFF
9 ADMINISTRATOR OR DESIGNEE:
DATE;:
1 HEREBY CERTIFY THAT THIS LAND SURVEYING DOCUMENT
WAS PREPARED AND THE RELATED SURVEY WORK WAS
PERFORMED BY ME OR UNDER MY DIRECT PERSONAL
SUPE; O THAT I AM A DULY LICENSED LAND
R1 • - AWS OF THE STATE OF IOWA.
410 APb4/kV/7.o1(
RK :. ESCHLIMAN, P.L.S. IOWA LIC. N0. 9961
MY LICENSE RENEWAL DATE I5 DECEMBER 31, 2011
PAGES OR SHEETS COVERED BY THIS SIGNATURE & SEAL: SHEET 1 OF 1
CURRENT OWNER: WATERLOO COMMUNITY
SCHOOL DISTRICT
PER BLACK HAWK COUNTY RECORDER'S
OFFICE: DOCUMENT N0. 2008 021603
PREPARED FOR: JOHN ROOFF
FORMER UNOOLN SCHOOL HOUSING PROJECT
UN -ASSIGNED ADDRESS WEST PARKER STREET
WATERLOO, IOWA 50703
REQUESTED OY: JOHN ROOFF
BLACKHAWK CONTRACTING & DEVELOPMENT
KESS & ASSOCIATES, INCR
9 SYCAMORE ST., WATERLOO. IOWA 50703-4729 PHONE: (319) 234-0509
D OF EU)
CADD FILE IIAOBPSI-105.0%9 PROJECT 140: I1A08