HomeMy WebLinkAbout2012-255-3/26/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2012-255
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF AN APPROXIMATE 14.5 FOOT BY 140
FOOT PORTION OF WEST 9TH STREET LOCATED
BETWEEN BLUFF STREET AND THE ALLEY LOCATED IN
BLOCK 44 OF THE ORIGINAL PLAT OF WATERLOO
WEST TO BE CONVEYED TO MOBILEMONEY, INC. FOR
$750.48, PLUS COSTS, SUBJECT TO A CONDITION
THAT MOBILEMONEY, INC. REMOVE THE SIDEWALK
LOCATED WITHIN THE AREA TO BE VACATED AND
SUBJECT TO CITY'S RETENTION OF A PERMANENT
UTILITY EASEMENT OVER, UNDER AND UPON ALL,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE AND DELIVER DEED FOR SAME.
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 parcels of real
property in the sum of $750.48, plus costs, has been made by
MobileMoney, Inc., and
WHEREAS, a public hearing was held on March 26, 2012, at
5:30 p.m. in the Council Chambers in 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 MobileMoney, Inc., and
WHEREAS, it is the opinion of this Council that 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
March 21, 2012, 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 MobileMoney, Inc. to purchase real
property for the sum of $750.48, and costs, be and it is hereby
accepted for real property described below:
Bluff Street to Alley
A survey of West Ninth Street a platted 80 ft. public
right of way in Original Plat Waterloo West of the
Cedar River, in the Southwest 9 Section 25, Township 89
North, Range 13 West, City of Waterloo, Black Hawk
County, State of Iowa, more particularly described as
follows:
Beginning at the Northwesterly corner of Lot 6 in said
Block 44; thence parallel with the Westerly line of
said Lot 5, N28°13'37"W, 14.50 feet; thence
N62°04'31"E, 140.01 feet to the extended Westerly right
of way line of a platted 20 ft. public alley; thence
S28°13'32"E 14.50 feet along said extended line, to the
Northeasterly corner of said Lot 6; thence S62°04'31"W
140.01 feet along the Northerly line of Lot 6 in said
Resolution No. 2012-255
Page 2
Block 44, also being the Southerly right of way line of
West Ninth Street, to the point of beginning,
containing 2,030.00 sq. ft., or 0.046 acres;
to MobileMoney, Inc. for $750.48, plus costs.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to MobileMoney, Inc. by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to MobileMoney, Inc.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to MobileMoney, Inc. upon receipt
of the sum of $750.48, and costs.
PASSED AND ADOPTED this 26th day of March, 2012.
ATTEST:
Suzy Sch r
City Cle k
, CMC
rnest G. Clark, Mayo