HomeMy WebLinkAbout2015-372-5/26/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2015-372
RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF CITY
OWNED PROPERTY LOCATED AT 323 CRESCENT PLACE FOR
$5, 000 . 00 WITH DEVELOPMENT AGREEMENT, AND
AUTHORIZE CITY ATTORNEY TO EXECUTE AND DELIVER
DEED ACCORDINGLY FOR THE 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 parcels of real
property in the sum of $5, 000, plus costs, has been made by
Greg Smith, and
WHEREAS, a public hearing was held on May 26, 2015, at 5 : 30
p.m. in the Council Chambers in 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 Greg Smith, 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
May 15, 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 Greg Smith to purchase real property
for the sum of $5, 000 . 00, and costs, is hereby accepted for real
property described below:
Calumet Subdivision Lot 4 Block 3, in the City of Waterloo,
Black Hawk County, Iowa;
3 . That the City of Waterloo, Iowa, conveys said
parcels of real property to Greg Smith by deed.
4 . That the City Attorney is hereby authorized to execute
and deliver deed to Greg Smith.
5 . That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council .
6. That the City Attorney is authorized and directed to
deliver said deed of conveyance to Greg Smith, upon receipt of
the sum of $5, 000 .
PASSED AND ADOPTED this 26th of May 2015 . a
Ernest G. Clark, Mayor
ATTEST:
Suzy chares, CMC
City Ilerk