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HomeMy WebLinkAbout2015-662-8/24/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2015-662 RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF CITY-OWNED PROPERTY AT 528 FOWLER STREET FOR $5, 000 WITH DEVELOPMENT AGREEMENT, AND AUTHORIZE CITY ATTORNEY TO PREPARE AND DELIVER DEED. WHERAS, 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 Bertha Johnson for the sum of $5, 000, and WHEREAS, a public hearing was held on August 24, 2015 at 5: 30 p.m. in the Council Chambers at City Hall for the City of Waterloo, Iowa, on the proposal to sell and convey premises owned by the City of Waterloo, Iowa to Bertha Johnson, 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 August 14, 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 Bertha Johnson to purchase real property for the sum of $5, 000, for real property described below: HALLIDAYS ADDITION LOT 2 BLK 3 W 5 FT LOT 3 BLK 3, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. 3 . That the City of Waterloo, Iowa conveys said parcel of real property to Bertha Johnson by deed. 4 . That the Mayor and City Clerk are hereby authorized to execute said deed. 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 Bertha Johnson upon receipt in the sum of $5, 000 . PASSED AND ADOPTED this 24th day of August 2015 . /nestG. Clark, Mayor ATTEST: Resolution 2015-662 Page 2 Suzy Sc ares, CMC City Cle k CERTIFICATE I, Suzy Schares, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2015-662, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 24th day of August 2015 . Witness my hand and seal of office this 24th day of August 2015 . l SEAL Suzy Scha es, CM City Cler