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HomeMy WebLinkAbout2017-343-5/8/2017Prepared by LeAnn M. Even, Deputy Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-343 RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF PLATTED ALLEY, LOCATED ADJACENT TO AND NORTH OF 1118 ANSBOROUGH AVENUE, TO VILLAGE PROPERTIES, LLC FOR $1.00 PLUS COSTS, SUBJECT TO THE RETENTION OF AN EASEMENT OVER THE NORTH 10 FEET OF THE AREA TO BE CONVEYED, AND AUTHORIZE CITY ATTORNEY TO PREPARE AND DELIVER DEED ACCORDINGLY AND AUTHORIZE 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 the City owned property, generally located north of 1118 Ansborough Avenue, has been made by Village Properties, LLC, in the amount of $1.00, and WHEREAS, a public hearing was held on May 8, 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 Village Properties, LLC, 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 April 28, 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 Village Properties, LLC to purchase real property for the sum of $1.00, is hereby accepted for real property described as follows: ALL THAT PART OF THE EAST -WEST ALLEY IN BLOCK NO. 17, "DOWNING PLACE", CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA, DESCRIBED AS FOLLOWS: BOUNDED ON THE NORTH BY THE SOUTH LINES OF LOT NOS. 1, 2 AND 3 IN SAID BLOCK NO. 17; BOUNDED ON THE EAST BY THE EAST LINE OF SAID BLOCK NO. 17 BOUNDED ON THE SOUTH BY THE NORTH LINE OF LOT NO. 20 IN SAID BLOCK NO. 17; BOUNDED ON THE WEST BY THE NORTH EXTENSION OF THE WEST LINE OF LOT NO. 20 IN SAID BLOCK NO. 17. CONTAINING 2,020 SQ. FT. MORE OR LESS. SUBJECT TO THE RETENTION OF AN EASEMENT FOR PUBLIC UTILITIES OVER THE NORTH 10 FEET OF THE ABOVE DESCRIBED AREA. Resolution No. 2017-343 Page 2 3. That the City of Waterloo, Iowa conveys said parcel of real property described above to Village Properties, LLC by Quit Claim Deed. 4. That the conveyance is subject to the retention of an easement over the north ten (10) feet of the area to be vacated. 5. That the Mayor and City Clerk are authorized and directed to execute said Quit Claim Deed. 6. That the original of said Quit Claim Deed fully executed and acknowledged is hereby approved and confirmed by this Council. 7. That the City Attorney is authorized and directed to deliver said Quit Claim Deed to Village Properties, LLC upon receipt of $1.00. PASSED AND ADOPTED this 8th day of May 2017. ATTEST: \4the Kelley Fel •L' 1 City Clerk rr11,_ 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 2017-343, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 8th day of May 2017. Witness my hand and seal of office this 8th day of May 2017. Kelley Fe 1 City Clerk SEAL