HomeMy WebLinkAbout2019-650-08/26/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703.
RESOLUTION NO. 2019-650
RESOLUTION APPROVING THE PROPERTY EXCHANGE
AGREEMENT WITH THE SALVATION ARMY, AND
AUTHORIZE THE MAYOR AND CITY CLERK TO EXECUTE
SAID DOCUMENT.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that
the Property Exchange Agreement dated August 26, 2019, for the exchange of land owned by the
Salvation Army on East 7th Street and land owned by the City of Waterloo, Iowa, and legally
described as follows:
Description of Salvation Army Property
ORIGINAL PLAT WATERLOO EAST ALL LOTS 1 AND 4 BLK 41 EXC
COM AT A PT ON NE LINE LOT 141 FT SE OF MOST NLY COR TH SW
120.25 FT TO A PT ON SW LINE LOT 4 30 FT SE OF MOST WLY COR LOT
4 TH 30 FT NW TO MOST WL Y COR SAID LOT TH 120 FT NE TO MOST
NLY COR LOT 1 TH SE 41 FT TO BEG SE 120 FT LOT 5 BLK 41 SE 120 FT
LOT 8 BLK 41 SE 120 FT LOT 9 BLK 41.
Description of City Property
AUDITOR RAINBOWS REPLAT LOT 18 (parcel 8913-23-429-022), and
AUDITOR RAINBOWS REPLAT ALL LOT 14 EXC N 126 1/2 FT LOT 24
(parcel 8913-23-429-023), and
AUDITOR RAINBOWS REPLAT W 32 FT N 155 FT LOT 13 (parcel8913-23-
429-011)
by and between The Salvation Army and the City of Waterloo, Iowa, be and the same is hereby
approved, and the Mayor and City Clerk are authorized and directed to execute said document on
behalf of the City of Waterloo, Iowa.
BE IT FURTHER RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO,
IOWA,that
1. The purchase and sale of said properties are hereby subject to the approval of the
Board of Trustees located in Hoffman Estates, Illinois.
2. Resolution No. 2019-455 is rescinded in its entirety.
PASSED AND ADOPTED this 26th day of August 2019.
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_ Quentin Hart, Mayor
ATTEST:
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City Clerk