HomeMy WebLinkAbout2018-678-9/10/2018 Prepared Kelley Felchle City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703,
(319) 291-4323.
RESOLUTION NO. 2018-678
RESOLUTION APPROVING A PURCHASE AGREEMENT
BETWEEN THE OVERLAND GROUP, LLC AND THE CITY
OF WATERLOO, IOWA, FOR THE PURCHASE OF CITY-
OWNED PROPERTY LOCATED AT THE
NORTHEAST CORNER OF IDAHO STREET AND MARTIN
LUTHER KING, JR. DRIVE, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Purchase Agreement dated September 10, 2018 between The Overland Group, LLC and
the City of Waterloo, Iowa for property legally 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 01005'55" 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
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
Resolution 2018-678
Page 2
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 70038'19" 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.
Generally located at the northeast corner of Idaho Street and Martin Luther King, Jr. Drive, in the
amount of$12,000, is hereby approved and the Mayor and City Clerk are authorized and directed
to execute the same on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 10th day of September 2018.
t �—
Quentin Hart, Mayor
ATTEST:
A'W
Kelley Felc e
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. 2018-678 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 Felchl
City Clerk