HomeMy WebLinkAbout2017-243-4/3/2017Prepared by LeAnn M. Even, Deputy Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA
50703, (319) 291-4323.
RESOLUTION NO. 2017-243
RESOLUTION AUTHORIZING SALE AND CONVEYANCE
OF 718 KERN STREET TO LEECA JONES IN THE AMOUNT
OF $80,000, AND DOWN PAYMENT ASSISTANCE OF
$10,000 USING HOME FUNDS, AND AUTHORIZE THE
MAYOR AND CITY CLERK TO EXECUTE ALL NECESSARY
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 the City owned property, generally located at the 718
Kern Street, has been made by Leeca Jones, in the amount of $80,000, and
WHEREAS, a public hearing was held on April 3, 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 said property owned by the City of
Waterloo, Iowa, to Leeca Jones, 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 March 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 Leeca Jones to purchase real property for the sum of $80,000, and
down payment assistance of $10,000, using HOME funds, is hereby accepted for real property
described as follows:
RIEHLS ADDITION LOT 15 BLK 2, CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA
3. That the City of Waterloo, Iowa conveys said parcel of real property described above
to Leeca Jones by Warranty Deed.
4. That the Mayor and City Clerk are authorized and directed to execute said Warranty
Deed.
5. That the original of said Warranty Deed fully executed and acknowledged is hereby
approved and confirmed by this Council.
6. That the Community Planning & Development Director is authorized and directed to
deliver said Warranty Deed to Leeca Jones upon receipt of $80,000.
PASSED AND ADOPTED this 3rd day of April 2017.
Resolution No. 2017-243
Page 2
ATTEST:
11w9,/ 11M
Kelley Felc Je
City Clerk
Quentin Hart, Mayor
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 2017-243, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 3rd day of April 2017.
Witness my hand and seal of office this 3rd day of April 2017.
Kelley Fe
City Clerk
SEAL