HomeMy WebLinkAbout2009-674-07/13/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2009-674
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY GENERALLY LOCATED AT
416-418 EAST MULLAN AVENUE, FOR $3 , 270 . 00,
PLUS COSTS, 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 $3 , 270 . 00 , plus costs, has been made by
Gateway Real Estate Holdings, LLC, and
WHEREAS, a public hearing was held on July 13 , 2009, 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 Gateway Real Estate Holdings, LLC, 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
June 29, 2009, 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 Gateway Real Estate Holdings, LLC to
purchase real property for the sum of $3 , 270 . 00, and costs, be
and it is hereby accepted for real property described below:
Original Plat Waterloo East Northeast 40 feet Lot 6
Block 34 , City of Waterloo, Black Hawk County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to Gateway Real Estate Holdings, LLC by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Gateway Real Estate Holdings, LLC.
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 Gateway Real Estate Holdings,
LLC upon receipt of the sum of $3, 270 . 00, and costs .
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< 7PASSED AND ADOPTED this 13th day of July, 2009 .
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