HomeMy WebLinkAbout2015-155-3/2/2015 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2015-155
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY-OWNED PROPERTY GENERALLY
LOCATED NORTHWEST OF 1907 BLACK HAWK STREET,
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 3 Little Lambs, LLC of in the sum of
$1 . 00, plus costs, and
WHEREAS, a public hearing was held on March 2, 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 3 Little Lambs, 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
February 20, 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 3 Little Lambs, 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
Lots 1, 2, 9 and all of Lot 8 except the West 45 feet,
in Block 16, Hayes Addition, City of Waterloo, Black
Hawk County, Iowa.
That part of West 17th Street located lying
Northeasterly of a line drawn between the Southerly
most corner of Lot 10, Block 16, Hayes Addition and the
Westerly most corner of Lot 6, Block 15, Hayes
Addition, and lying Southwesterly of a line drawn
between the Southerly corner of Lot 1, Block 16, Hayes
Addition and the Westerly most corner of Lot 5, Block
15, Hayes Addition, City of Waterloo, Black Hawk
County, Iowa. Subject to the retention of a utility
easement over, under and upon all .
That part of an alley located lying Northwesterly of a
line drawn between the Easterly most corner of Lot 10,
Block 16, Hayes Addition and the Southerly most corner
of Lot 1, Block 16, Hayes Addition, and lying
Southeasterly of a line drawn between the Southerly
most corner of Lot 3, Block 16, Hayes Addition and the
Northerly most corner of Lot 9, Block 16, Hayes
Addition, City of Waterloo, Black Hawk County, Iowa.
Resolution No. 2015-155
Page 2
Option Legal Description
Lot 10 in Block 16, Hayes Addition, City of Waterloo,
Black Hawk County, Iowa.
3. That the City of Waterloo, Iowa convey said parcel of
real property to 3 Little Lambs, LLC by deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to 3 Little Lambs, 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 3 Little Lambs, LLC upon
receipt in the sum of $1. 00, and costs.
PASSED AND ADOPTED this 2nd day of March, 2015 .
t'flnest G. Clark, Mayor
ATTEST:
rr
Suzy Shares, CMC
City Clerk