HomeMy WebLinkAbout2019-376-05/20/2019 Prepared by LeAnn M. Even Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-376
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, AND RESCINDING RESOLUTION NO. 2018-
677.
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:
PARCEL H, A PART OF THE SOUTHEAST QUARTER OF SECTION 19,
TOWNSHIP 89, RANGE 12 WEST, WEST OF THE 5TH PRINCIPAL
MERIDIAN, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA, AS
DESCRIBED AND SHOWN ON THE RECORDED PLAT OF
SURVEYRECORDED AS DOCUMENT NUMBER 2019-16312 IN THE
RECORDS OF BLACK HAWK COUNTY.
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
Resolution 2019-376
Page 2
deliver said deed of conveyance to The Overland Group, LLC upon receipt of the sum of
$12,000.
BE IT FURTHER RESOLVED, that Resolution No. 2018-677 is hereby rescinded.
PASSED AND ADOPTED this 20th day of May 2019.
Quentin Hart, Mayor
ATTEST:
elley Fel le
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. 2019-376 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 20th day of May 2019.
Witness my hand and seal of office this 20th day of May 2019.
4/1,4y-C916‘,Kelley Fe
e
City Cler
SEAL