HomeMy WebLinkAbout2009-883-09/08/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2009-883
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE WITH JAMES AND PHYLLIS PLATT FOR
8210 HAMMOND AVENUE FOR PAYMENT OF PROMISSORY
NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH
RURAL WATER MAIN PROJECT AND DIRECTING
EXECUTION OF SAID RELEASE OF REAL ESTATE
MORTGAGE BY MAYOR.
WHEREAS, James and Phyllis Platt have paid the Waterloo
Water Works the remaining balance of the Promissory Note and
Mortgage for 8210 Hammond Avenue in conjunction with the Kimball
South Rural Water Main Project for the following described
property:
The Northeast Quarter (NE1/) of Section No. Thirty-four
(34) , Township No. Eighty-eight (88) North, Range No.
Thirteen (13) West of the Fifth Principal Meridian,
Black Hawk County, Iowa, except that portion thereof
described as follows : Commencing at the Northeast
corner, thence South Seventy-one (71) rods to the point
of beginning, Thence South Two Hundred Forty (240)
feet, thence West One Hundred Eighty (180) feet, thence
North Two Hundred Forth (240) feet, thence East One
Hundred Eighty (180) feet to the point of beginning,
all in City of Waterloo, Black Hawk County, Iowa.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the Release of Real Estate Mortgage dated
September 8, 2009, for payment of Promissory Note in conjunction
with the Kimball South Rural Water Main Project, by and between
James and Phyllis Platt and the City of Waterloo, Iowa, be and
the same is hereby approved, and the Mayor and City Clerk
authorized to execute the same in behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this 8th day of September, 2009 .
Tim Hurley, Mayor
ATTEST:
Ca-C <D9L-
Nancy Ecker CMC
City Clerk