HomeMy WebLinkAbout2018-520-7/16/2018(RECORDED W/DEV AGRMNT)Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2018-520
RESOLUTION TO AUTHORIZE THE SALE AND
CONVEYANCE OF A PORTION OF CITY OWNED
PROPERTY TO AVITA DEVELOPMENTS, LLC FOR $1.00
COMMONLY KNOWN AS A PORTION OF THE FORMER
LOGAN PLAZA AREA, AND AUTHORIZE THE MAYOR
AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo is the owner of property commonly known as a portion
of the former Logan Plaza Area, in the City of Waterloo, Iowa, and legally described below as:
THAT PART OF THE SW 1/4 OF THE SW 1/4 SEC 12 T 89 R 13 COM AT THE
SE COR OF SAID SW 1/4 OF THE SW 1A TH N ALONG THE E LINE OF SMD
SW 1/4 A DIST OF 33 FT TH N 89 DEG 51 SEC W 33 FT TO THE PT OF BEG
WHICH IS THE INTERSECTION OF THE WLY ROW LINE OF E 4TH ST
AND THE NLY ROW LINE OF DONALD ST TH N 89 DEG 51 SEC W
ALONG SAID NLY ROW LINE 445.61 FT TH N A DIST OF 200.01 FT TH N
89 DEG 51 SEC W 185 FT TH N 308.41 FT THS 89 DEG 51 MINE 628.30 FT
TO THE WLY ROW LINE OF E 4TH ST TH S ALONG SAID WLY ROW LINE
508.45 FT TO PT OF BEG EXC COM SE COR SW TH N 33 FT TH N 89 DEG
55 MIN 28 SEC W 33 FT TO W ROW LINE E 4TH ST BEING PT OF BEG TH
N 89 DEG 55 MIN 28 SEC W 10 FT TH N 44 DEG 34 MIN 58 SEC E 14.02 FT
TO WROWLINEE4THSTTHS 10 FT TO PT OF BEG
And,
WHEREAS, an offer to purchase said property, in the amount of $1.00, has been made by
the Avita Developments, LLC, and
WHEREAS, a public hearing was held on July 16, 2018 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 city owned property commonly
known as a portion of the former Logan Plaza area, to Avita Developments, 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 property commonly known as a portion of the former Logan Plaza area, in the
City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on July
6, 2018, is not presently needed, nor will be needed in the foreseeable future for municipal
purposes, and its ownership is serving no municipal purpose.
2. That the offer of the Avita Development, LLC to purchase property for the sum of
$1.00 is hereby accepted, for the real property as previously described.
3. That the City of Waterloo, Iowa conveys said parcel of real property described above
to Avita Developments, LLC by quit claim deed.
4. That the Mayor and City Clerk are authorized and directed to execute said quit claim
Resolution 2018-520
Page 2
deed.
5. That the original of said quit claim 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 quit claim deed to
Avita Development, LLC upon receipt of $1.00.
PASSED AND ADOPTED this 16th day of July 2018.
elley Fe
City Cler
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 2018-520, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 16th day of July 2018.
Witness my hand and seal of office this 16th day of July 2018.
Kelley Fe
City Cler
SEZtL