HomeMy WebLinkAbout2015-220-3/30/2015 Prepared by Suzy Schares, City Clerk, City of Waterloo, 715
Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2015-220
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY-OWNED PROPERTY GENERALLY
LOCATED 1850 WEST RIDGEWAY, FOR $1 . 00, PLUS
COSTS, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE AND DELIVER DEED FOR SAME.
WHEREAS, the City of Waterloo, Iowa is the owner of real
property in the City of Waterloo, Iowa, as described below, and
WHEREAS, an offer to purchase said certain parcel of real
property has been made by BCS Properties, LLC in the sum of
$1 . 00, plus costs, and
WHEREAS, a public hearing was held on March 30, 2015, 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 BCS Properties, LLC, and
WHEREAS, it is the opinion of this Council that sale and
conveyance should be made as proposed.
NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE 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
March 23, 2015, 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 BCS Properties, LLC to purchase real
property for the sum of $1 . 00, and costs, be and it is hereby
accepted in accordance with the Development Agreement for real
property described below:
Legal Description of Property
That part of the Southwest Quarter of Section 33,
Township 89 North, Range 13 West of the 5th P.M. , Black
Hawk County, Iowa, described as follows:
Commencing at a point on the South line of said
Southwest Quarter which is 138 . 6 feet West of the
Southeast corner of said Southwest Quarter; thence
North 01003' 40" West, 33 feet, to the North line of
Ridgeway Avenue and point of beginning; thence North
90°00' 00" West, 557 . 22 feet, along said North line;
thence North 01040130" West, 1, 293 . 86 feet, to the
South line of Lot 9, Jane Second Addition, Waterloo,
Iowa, at a point which is 19 . 53 feet East of the
Southwest corner of said Lot; thence South 89051' 10"
East, along the South line of said Jane Second Addition
and Jane Addition in the City of Waterloo, Black Hawk
County, Iowa, 715 . 25 feet, to the East line of said
Southwest Quarter; thence South 00049120" East, along
said East line, 999. 57 feet; thence North 90000' West,
139. 93 feet; thence South 01°03' 40" East, 292 . 0 feet,
to the point of beginning. The South line of said
Southwest Quarter is assumed to bear North 90000' West.
Except that part lying within the following described
Resolution No. 2015-220
Page 2
tract: Beginning at the Southeast corner of said
Southwest Quarter; thence South 90°00' 00" West, along
the South line of said Southwest Quarter, 138 . 60 feet;
thence North 01°03' 40" West, 657 . 27 feet; thence North
90000' 00" East 140 . 47 feet, to the East line of said
Southwest Quarter; thence South 00053155" East, along
said East line, 657 . 24 feet, to the point and
beginning, and further excepting Parcel "1" of Plat of
Survey 328 Misc 28 of part of the Southwest Quarter of
Section 33, Township 89 North, Range 13 West of the 5th
P.M. , Black Hawk County, Iowa.
Also, that part of the Southeast Quarter of the
Southwest Quarter of Section No. 33, Township No. 89
North
Range No. 13, West of the Fifth Principal
Meridian, in the City of Waterloo, Black Hawk County,
Iowa, described as follows :
Commencing at the Southeast corner of said Southeast
Quarter of the Southwest Quarter; thence North 90
degrees West along the South line of said Southeast
Quarter of the Southwest Quarter 696. 31 feet (Record
695 . 82 feet) ; thence North 1 degree 40 minutes 30
seconds West 50 . 02 feet to a point on the North line of
Ridgeway Avenue, said point being the point of
beginning; thence North 1 degree 40 minutes 30 seconds
West 1276. 86 feet to a point on the North line of said
Southeast Quarter of the Southwest Quarter which is
19 . 53 feet East of the Southwest corner of Lot No. 9 in
Jane Second Addition; thence North 89 degrees 50
minutes 15 seconds West along said North line 388 . 73
feet to the Southeasterly line of U. S. Highway 63,
thence South 36 degrees 04 minutes 30 seconds West
along said Southeasterly line 359 . 06 feet to the West
line of said Southeast Quarter of the Southwest
Quarter; thence South 89 degrees 50 minutes 15 seconds
East 432 . 65 feet; thence South 1 degree 40 minutes 30
seconds East 986. 39 feet to the North line of Ridgeway
Avenue; thence North 90 degrees East along said North
line 176. 00 feet to the point of beginning.
AND
That part of the Southeast Quarter of the Southwest
Quarter of Section No. 33, Township No. 89 North, Range
No. 13 West of the Fifth Principal Meridian, in the
City of Waterloo, Black Hawk County, Iowa, described as
follows :
Commencing at the Southeast corner of said Southeast
Quarter of the Southwest Quarter; thence North 90
degrees West along the South line of said Southeast
Quarter of the Southwest Quarter 696. 31 feet (Record
695 . 82 feet) ; thence North 1 degree 40 minutes 30
seconds West 50 . 02 feet to a point on the North line of
Ridgeway Avenue; thence West along said North line 88
feet, to the point of beginning; thence West along said
North line 88 feet; thence North 1 degree 40 minutes 30
seconds West 400 feet; thence North 90 degrees East 88
feet; thence South 1 degree 40 minutes 30 seconds East
400 feet to the point of beginning.
AREA TO BE CONVEYED
That part of the Southwest Quarter (SW 1-4) of Section
Thirty-three (33) , Township Eighty-nine North (T89N) ,
Range Thirteen West (R13W) of the Fifth Principal
Meridian, City of Waterloo, Black Hawk County, Iowa,
Resolution No. 2015-220
Page 3
more particularly described as follows :
Beginning at the Southwest corner of Parcel
Document No. 2003-27008 in the Black Hawk County
Recorder' s Office, which is also the Southeast corner
of Parcel "J", Misc. Book 332, Page 723, said
Recorder' s Office; thence N89°58' 48"E One Hundred
Seventy-six (176. 00) feet along the South line of said
Parcel "K"; thence SO1°27' 09"E Ten and Thirty-three
Hundredths (10 . 33) feet along South-East line of said
Parcel "K" to a point on a line Ten and Thirty-three
Hundredths (10 . 33) feet South of and parallel to
aforesaid South line; thence S89°58' 48"W One Hundred
Seventy-five and Ninety-six Hundredths (175 . 96) feet
along said parallel line to the Southerly extension of
the East line of aforesaid Parcel "J"; thence
N01040103"W Ten and Thirty-three Hundredths (10 . 33)
feet along said Southerly extension to the point of
beginning containing 1818 square feet .
3 . That the City of Waterloo, Iowa convey said parcel of
real property to BCS Properties, LLC by deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to BCS Properties, LLC.
5 . That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council .
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to BCS Properties, LLC upon
receipt in the sum of $1 . 00, and costs .
PASSED AND ADOPTED this 30th day of March, 2015 .
rnest G. Clark, Mayor
ATTEST:
Suzy SCh res, CMC
City Cle k