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HomeMy WebLinkAbout2017-619-8/7/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-619 RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF CITY OWNED PROPERTY GENERALLY LOCATED NORTHWEST OF 1318 MARTIN ROAD IN THE AMOUNT OF $1.00, TO CARDINAL CONSTRUCTION, INC., AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID 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 $1.00, has been made by Cardinal Construction, Inc., and WHEREAS, a public hearing was held on August 7, 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 property owned by the City of Waterloo, Iowa,to Cardinal Construction, Inc., 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 July 24, 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 Cardinal Construction, Inc. to purchase real property for the sum of $1.00, is hereby accepted for the real property described as follows: ALL THAT PORTION OF THE PROPERTY DESCRIBED IN A WARRANTY DEED RECORDED AS FILE NUMBER 2009 00024704 IN THE BLACK HAWK COUNTY RECORDER'S OFFICE LYING WITHIN THE NORTHEAST QUARTER (NE 1/4) OF THE SOUTHEAST QUARTER (SE 1/4) OF SECTION 32, TOWNSHIP 89 NORTH, RANGE 13 WEST OF THE 5TH P.M., IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. 3. That the City of Waterloo, Iowa conveys said parcels of real property described above to Cardinal Construction, Inc. by a special warranty deed. 4. That the Mayor and City Clerk are authorized and directed to execute said special warranty deed. 5. That the original of said special warranty deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the City Attorney is authorized and directed to deliver said special warranty deed to Cardinal Construction,Inc. upon receipt of$1.00. Resolution 2017-619 Page 2 PASSED AND ADOPTED this 7th day of August 2017. Quentin Hart, Mayor ATTEST: elley Felc e City Clerk CERTIFICATE I, Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2017-619, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 7th day of August 2017. Witness my hand and seal of office this 7th day of August 2017. 66� Kelley Fel le City Cler SEAL