HomeMy WebLinkAbout2018-677-9/10/2018 Prepared Kelley Felchle City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703,
(319) 291-4323.
RESOLUTION NO. 2018-677
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY OWNED PROPERTY LOCATED AT THE
NORTHEAST CORNER OF IDAHO STREET AND MARTIN
LUTHER KING, JR. DRIVE TO THE OVERLAND GROUP,
LLC IN THE AMOUNT OF $12,000, AND AUTHORIZING THE
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 described below, and
WHEREAS, an offer to purchase said certain parcel of real property has been made by
The Overland Group, LLC in the amount of$12,000, and
WHEREAS, a public hearing was held on September 10, 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 premises owned by the City of
Waterloo, Iowa,to The Overland Group, LLC, and
WHEREAS, it is the opinion of this Council that the 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 31, 2018, 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 The Overland Group, LLC, to purchase real property for the sum of
$12,000, is hereby accepted for real property described as follows:
DESCRIPTION: PARCEL D
A PART OF WILLOW STREET IN THE NORTHEAST 1/4 OF SECTION 19,
TOWNSHIP 89 NORTH, RANGE 12 WEST OF THE 5TH P.M., IN THE CITY OF
WATERLOO, COUNTY OF BLACK HAWK, STATE OF IOWA, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE CENTER OF SAID SECTION 19; THENCE NORTH 88°
(DEGREES) 43'(MINUTES) 55" (SECONDS) EAST (ASSUMED BEARING FOR THE
PURPOSE OF THIS DESCRIPTION) ON THE SOUTH LINE OF THE NORTHEAST
1/4 OF SAID SECTION 19 A DISTANCE OF 16.50 FEET TO THE PRESENT EAST
RIGHT-OF-WAY LINE OF IDAHO STREET, THE POINT OF BEGINNING OF THE
PARCEL HEREIN DESCRIBED; THENCE NORTH 01'05'55" WEST ON THE
PRESENT EAST RIGHT-OF-WAY LINE OF IDAHO STREET, 33.00 FEET;
THENCE NORTH 88043'55" EAST, 144.24 FEET TO THE SOUTHWESTERLY LINE
OF THE CANADIAN NATIONAL RAILROAD; THENCE SOUTH 51°41'36" EAST
ON THE SOUTHWESTERLY LINE OF THE CANADIAN NATIONAL RAILROAD,
36.57 FEET; THENCE SOUTHEASTERLY ON THE SOUTHWESTERLY LINE OF
Resolution 2018-677
Page 2
THE CANADIAN NATIONAL RAILROAD, BEING A 1,879.86-FOOT RADIUS
CURVE CONCAVE SOUTHWESTERLY AND HAVING A 14.23-FOOT LONG
CHORD BEARING SOUTH 48°1744" EAST, 14.23 FEET (ARC LENGTH) TO THE
SOUTH LINE OF THE NORTHEAST 1/4 OF SAID SECTION 19; THENCE SOUTH
880 43'55" WEST ON THE SOUTH LINE OF THE NORTHEAST 1/4 OF SAID
SECTION 19 A DISTANCE OF 182.94 FEET TO THE POINT OF BEGINNING.
BY SURVEY CONTAINING 5,414 SQUARE FEET, OR 0.12 ACRE.
DESCRIPTION: PARCEL H
A PART OF THE SOUTHEAST 1/4 OF SECTION 19, TOWNSHIP 69 NORTH,
RANGE 12 WEST OF THE 5TH P.M., AND A PART OF EXISTING IDAHO STREET
IN THE SOUTHEAST 1/4 OF SAID SECTION 19, ALL IN THE CITY OF
WATERLOO, COUNTY OF BLACK HAWK, STATE OF IOWA, MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE CENTER OF SAID SECTION 19; THENCE NORTH 880
(DEGREES) 43'(MINUTES) 55" (SECONDS) EAST (ASSUMED BEARING FOR THE
PURPOSE OF THIS DESCRIPTION) ON THE NORTH LINE OF THE SOUTHEAST
1/4 OF SAID SECTION 19 A DISTANCE OF 16.50 FEET TO THE PRESENT EAST
RIGHT-OF-WAY LINE OF IDAHO STREET, THE POINT OF BEGINNING OF THE
PARCEL HEREIN DESCRIBED; THENCE NORTH 88°43'55" EAST ON THE
NORTH LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 19, ALSO BEING
THE PRESENT EAST RIGHT-OF-WAY LINE OF IDAHO STREET AND ITS
EXTENSION EASTERLY, 182.94 FEET TO THE SOUTHWESTERLY LINE OF THE
CANADIAN NATIONAL RAILROAD; THENCE SOUTHEASTERLY ON THE
SOUTHWESTERLY LINE OF THE CANADIAN NATIONAL
RAILROAD, BEING A 1,879.86-FOOT RADIUS CURVE CONCAVE
SOUTHWESTERLY AND HAVING A 105.63-FOOT LONG CHORD BEARING
SOUTH 46026'08" EAST, 105.64 FEET (ARC LENGTH); THENCE
SOUTHWESTERLY ON A 211.04-FOOT RADIUS CURVE CONCAVE
SOUTHEASTERLY AND HAVING A 215.72-FOOT LONG CHORD BEARING
SOUTH 12001'17" WEST, 226.42 FEET (ARC LENGTH); THENCE SOUTH 52°56'38"
WEST. 67.54 FEET; THENCE NORTH 70°38'19" WEST, 164.88 FEET; THENCE
NORTH 01005'55" WEST, 265.78 FEET TO THE POINT OF BEGINNING.
BY SURVEY CONTAINING 63,883 SQUARE FEET, OR 1.47 ACRES.
3. That the City of Waterloo, Iowa conveys said parcel of real property to The Overland
Group, LLC by Warranty Deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said Warranty Deed fully executed and acknowledged is hereby
approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to The Overland Group, LLC upon receipt in the sum of
$12,000.
PASSED AND ADOPTED this 10th day of September 2018.
Resolution 2018-677
Page 3
CIA-
ATTEST:
IQATTEST: /t` i...
Quentin Hart, Mayor
Kelley Felchl
City Clerk
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. 2018-677 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 10th day of September 2018
Witness my hand and seal of office this 10th day of September 2018.
Kelley Felc le
City Clerk
' ° S]AL