HomeMy WebLinkAbout2019-637-08/19/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2019-63 7
RESOLUTION AUTHORIZING SALE AND CONVEYANCE
OF A PORTION OF FAIRVIEW AVENUE AND ALLEYS IN
CAMPBELL'S ADDITION, SUBJECT TO THE RETENTION OF
A UTILITY EASEMENT OVER, UNDER AND UPON A
PORTION OF FAIRVIEW AVENUE, TO REG DREW
INVESTMENTS, LLC, IN THE AMOUNT OF $1.00, AND
AUTHORIZE THE MAYOR 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 parcel of real property has been made by Reg Drew
Investments, LLC in the amount of$1.00, and
WHEREAS, a public hearing was held on August 19, 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 Reg Drew Investments, 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 July 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.
2. That the offer of Reg Drew Investments, LLC to purchase real property for the sum of
$1.00, is hereby accepted for real property described as follows:
DESCRIPTION—FAIRVIEW AVENUE AND ALLEYS VACATE:
THE FIFTEEN FOOT (15') NORTH-SOUTH ALLEY AS PLATTED IN
CAMPBELL'S ADDITION LYING ADJACENT TO LOTS 8, 9 AND 10 OF
SAID ADDITION; THE FIFTEEN FOOT (15') NORTH-SOUTH ALLEY AS
PLATTED IN CAMPBELL'S ADDITION LYING ADJACENT TO LOTS 11
THRU 21 OF SAID ADDITION; THE FIFTEEN FOOT (15') EAST-WEST
ALLEY AS PLATTED IN CAMPBELL'S ADDITION LYING ADJACENT TO
LOTS 20 THRU 26 OF SAID ADDITION; THE THIRTY FOOT (30')
FAIRVIEW AVENUE AS PLATTED IN CAMPBELL'S ADDITION LYING
NORTHERLY OF AN EASTERLY EXTENSION OF THE SOUTH LINE OF
LOT 10 OF SAID ADDITION; AND THE THIRTY FOOT (30') FAIRVIEW
AVENUE AS PLATTED IN CAMPBELL'S ADDITION LYING SOUTHERLY
OF AN EASTERLY EXTENSION OF THE NORTH LINE OF LOT 11 OF
SAID ADDITION, ALL IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA, SUBJECT TO THE RETENTION OF A UTILITY
Resolution 2019-637
Page 2
EASEMENT OVER, UNDER AND UPON THE THIRTY FOOT (30')
FAIRVIEW AVENUE AS PLATTED IN CAMPBELL'S ADDITION LYING
SOUTHERLY OF AN EASTERLY EXTENSION OF THE NORTH LINE OF
LOT 11 OF SAID ADDITION.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Reg Drew
Investments, LLC by quit claim deed.
4. That the Mayor and City Clerk are authorized and directed to execute said 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 Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to Reg Drew Investments, LLC upon receipt of the sum of
$1.00.
PASSED AND ADOPTED this 19th day of August 2019.
— Quentin Hart, Mayor
ATTEST:
l
- ley Felchl
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. 2019-637 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 19th day of August 2019.
Witness my hand and seal of office this 19th day of August 2019.
.Z
elley Felchl:�
City Clerk
SEAL