HomeMy WebLinkAbout2018-718-9/24/2018 Prepared Kelley Felchle City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703,
(319) 291-4323.
RESOLUTION NO. 2018-718
RESOLUTION APPROVING THE REAL ESTATE PURCHASE
AGREEMENT WITH TRAMAUN T. ALLEN TO ACQUIRE
1430 COMMERCIAL STREET FOR $20,000 PLUS UP TO
$10,000 IN CLOSING COSTS, AND AUTHORIZE THE
MAYOR AND CITY CLERK TO EXECUTE ALL NECESSARY
DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Purchase Agreement dated September 24, 2018 between Tramaun T. Allen and the City
of Waterloo, Iowa for property legally described as follows:
ANTHONY BAKERS ADDITION PART OF LOT 1 BLK 58 COM AT MOST ELY
COR LOT 1 TH NWLY 24.5 FT TH SWLY 27 FT ALONG A LINE PAR WITH 13TH
ST TH SELY 4.33 FT ALONG A LINE PAR TO COMMERCIAL ST TH SWLY 8 FT
ALONG A LINE PAR TO 13TH ST TH SELY 5.9 FT PAR TO COMMERCIAL ST TH
SWLY 35 FT ALONG A LINE 14.27 FT FROM AND PAR TO 13TH ST TH NWLY
15.73 FT PAR WITH COMMERCIAL ST TH SWLY ALONG A LINE 30 FT FROM
AND PAR TO 13TH ST TO THE SWLY LINE OF LOT 1 TH SELY TO THE MOST
SLY COR TH NELY ALONG THE SELY LINE OF SAID LOT TO POB.
Located at 1430 Commercial Street, in the amount of $20,000 plus up to $10,000 in
closing costs, is hereby approved and the Mayor and City Clerk are authorized and directed to
execute all necessary documents on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 24th day of September 2018.
Quentin Hart, Mayor
ATTEST:
Kelley F chle
City Cle
Resolution 2018-718
Page 2
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 No. 2018-718 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 24th day of September 2018
Witness my hand and seal of office this 24th day of September 2018.
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Kelley Fel le
City Clerk
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