HomeMy WebLinkAbout2019-311-05/06/2019Prepared by LeAnn M. Even Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-311
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF A PORTION OF CITY OWNED
PROPERTY, GENERALLY LOCATED NORTHEAST OF 2510
LEVERSEE ROAD, TO PROSPER FARMS NETWORK, LLC,
IN THE AMOUNT OF $1.00, AND AUTHORIZE 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
Prosper Farms Network, LLC in the amount of $1.00, and
WHEREAS, a public hearing was held on May 6, 2019 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 Prosper Fauns Network, 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 April 26, 2019, 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 Prosper Farms Network, LLC, to purchase real property for the sum
of $1.00, is hereby accepted for real property described as follows:
THE PARCEL OF LAND LOCATED IN THE NORTHWEST 1/4 OF THE
SOUTHWEST 1/4 OF SECTION 32, TOWNSHIP 90 NORTH, RANGE 13
WEST OF THE 5TH P.M., CITY OF WATERLOO, BLACK HAWK COUNTY,
IOWA.
MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT
THE SOUTHWEST CORNER OF SAID SECTION 32; THENCE, NI°23'06"W
1410.21' ALONG THE WEST LINE OF THE SOUTHWEST 1/4 OF SAID
SECTION 32; THENCE, N89°21'21"E 33.00' TO A POINT ON THE EAST
RIGHT OF WAY LINE OF LEVERSEE ROAD, SAID POINT BEING THE
POINT OF BEGINNING; THENCE, N1°23'06"W 500.04' ALONG SAID EAST
RIGHT OF WAY LINE; THENCE N89°21'21"E 416.26'; THENCE,
S0°38'39"E 500.00' THENCE, S89°21'21"W 409.80' TO THE POINT OF
BEGINNING, CONTAINING 4.74 ACRES
3. That the City of Waterloo, Iowa conveys said parcel of real property to Prosper Farms
Network, LLC by quit claim deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
Resolution 2019-311
Page 2
5. That the original of said quit claim 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 Prosper Farms Network, LLC upon receipt in the sum of
$1.00.
PASSED AND ADOPTED this 6th day of May 2019.
ATTEST:
Kelley Felchl
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 No. 2019-311 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 6th day of May 2019.
Witness my hand and seal of office this 6th day of May 2019.
Kelley Felc
City Clerk
SEAL