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HomeMy WebLinkAbout2018-598-8/13/2018Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2018-598 AUTHORIZING THE SALE AND CONVEYANCE OF A PORTION OF CITY OWNED PROPERTY GENERALLY LOCATED EAST OF 2535 MIDPORT BOULEVARD, TO DAHLSTROM REAL ESTATE, LLC, IN THE AMOUNT OF $1.00, AND AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo is the owner of property generally located east of 2535 Midport Boulevard, in the City of Waterloo, Iowa, and legally described below as: MIDPORT AMERICA PARK PLAT NO. 3 LOT 20 AND UNPLATTED WATERLOO EAST PART SEC 4 T 89 R 13 BEG AT INTERS NLY ROW LINE W AIRLINE HWY & WLY ROW LINE WAGNER RD TH N 600 FT TH W 3300 FT TH S TO NLY ROW LINE ICG RR TH SELY ALONG NLY LINE RR ROW TO NLY ROW LINE W AIRLINE HWY TH ELY ALONG SAID ROW LINE TO PT OF BEG & THAT PART SE SW SEC 4 T 89 R 13 LYING S OF IC RR EXC WLY 875 FT & EXC STREET AND EXC THAT PART PLATTED TO MIDPORT AMERICA PARK PLAT NO. 1 AND NO. 2AND NO. 3 And, WHEREAS, an offer to purchase said property, in the amount of $1.00, has been made by the Dahlstrom Real Estate, LLC, and WHEREAS, a public hearing was held on August 13, 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 generally located east of 2535 Midport Boulevard, to Dahlstrom Real Estate, 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 generally located east of 2535 Midport Boulevard, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on August 3, 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 Dahlstrom Real Estate, 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 Dahlstrom Real Estate, LLC by quit claim deed. Resolution 2018-598 Page 2 4. That the Mayor and City Clerk are authorized and directed to execute said quit claim 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 Dahlstrom Real Estate, LLC upon receipt of $1.00. PASSED AND ADOPTED this 13th day of August 2018. ATTEST: Kell - Felchle City Clerk 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 2018-598, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 13th day of August 2018. Witness my hand and seal of office this 13th day of August 2018. Kelley Fele City Clerk SEAL