HomeMy WebLinkAbout2018-654-8/27/2018 Prepared by Christopher S. Wendland,P.O. Box 596, Waterloo, IA 50703. 319-234-5701.
RESOLUTION NO. 2018-654
RESOLUTION OF CONSENT TO CONVEYANCE OF
PROPERTY SUBJECT TO A DEVELOPMENT AGREEMENT.
WHEREAS, the City of Waterloo (the "City") and Black Hawk Contracting and
Development Co. ("Developer") are parties to a certain Development Agreement (the "DA")
dated April 8, 2013 and filed April 12, 2013 as Doc.No. 2013-21205, providing for the
development of certain land described therein for residential purposes; and
WHEREAS, Section 10 of the DA sets forth a limitation on Developer's ability to convey
title to the property before completion of a project the City of Waterloo (the "City"); and
WHEREAS, Developer has previously completed a residential housing project on
property located at 324 Madison Street, Waterloo, immediately adjacent to project property, and
the current owner of 324 Madison Street desires to acquire an additional ten (10) feet of the land
that is subject to the DA, and Developer desires to sell and convey the additional land;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA:
Section 1. The City of Waterloo does hereby consent to Developer's sale and conveyance
of the real estate described below to Ras Smith and Amelia Welsh, current owners of property at
324 Madison Street, which abuts the following real estate:
The West 5.00 feet of Lot 4 of Block 6, also described as Tract 7, a replat of the West
5.00 feet of Lot 4 of Block 6, all in Hillside Addition, City of Waterloo, Iowa; and
The East 5.00 feet of the West 10.00 feet of Lot 4 of Block 6, also described as the
East 5.00 feet of Tract 6, a replat of the West 15.00 feet of Lot 3, and Lot 4 except
the West 5.00 feet, of Block 6, all in Hillside Addition, City of Waterloo, Iowa.
PASSED AND ADOPTED this 27th day of August 2018.
Quentin Hart, Mayor
ATTEST:
P4, M . qvl.,-
LeAnn\M.
Even, MC, IaCMC
Deputy City Clerk