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HomeMy WebLinkAbout2009-961-09/21/2009 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2009-961 RESOLUTION FIXING THE TIME AND PLACE OF HEARING AND NOTICE TO BE GIVEN ON THE PROPOSED DEVELOPMENT AGREEMENT WITH TOURNIER MANUFACTURING, INC. TO SELL AND CONVEY FOR $1 . 00, PLUS COSTS, PROPERTY GENERALLY LOCATED AT THE NORTHEAST CORNER OF WAGNER ROAD AND BROADWAY STREET, AS OCTOBER 12, 2009, AT 5 : 30 P.M. IN CITY HALL COUNCIL CHAMBERS, WATERLOO, IOWA AND INSTRUCTING THE CITY CLERK TO PUBLISH THE NOTICE OF HEARING. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS : Section 1 . That the Council of the City of Waterloo, Iowa shall meet at City Hall Council Chambers in the City of Waterloo, Iowa at 5 : 30 p.m. on the 12th day of October, 2009, for the purpose of considering and acting upon a proposed Development Agreement with Tournier Manufacturing, Inc . to sell and convey for $1 . 00, plus costs, property generally located at the northeast corner of Wagner Road and Broadway Street, and legally described as follows : A parcel of land situated in part of the Northwest 1/ of Section 10, Township 89 North, Range 13 West of the 5th Principal Meridian, City of Waterloo, County of Black Hawk, State of Iowa, more particularly described as follows : Commencing at the West 1/ corner of said Section 10; thence North 01° (Degrees) 30' (Minutes) 35" (Seconds) West (assumed bearing for the purpose of this description) on the West line of the Northwest 1/ of said Section 10, a distance of 761 . 63 feet to the Southwesterly right-of-way line of the Canadian National Railroad; thence South 49°14 ' 48" East on the Southwesterly right-of-way line of the Canadian National Railroad, 101 . 34 feet to the point of beginning of the parcel of land herein described; thence continuing South 49°14 ' 48" East on the Southwesterly right-of-way line of the Canadian National Railroad, 708 . 00 feet; thence South 02°24' 41" East, 77 . 63 feet; thence North 61°34 ' 53" West, 606 . 00 feet to a line that is 75 . 00 feet East of and parallel with the West line of the Northwest 1/ of said Section 10; thence North 01°30' 35" West on the line that is 75 . 00 feet East of and parallel with the West line of the Northwest 1% of said Section 10, a distance of 251 . 43 feet to the point of beginning. Containing 86, 064 square feet or 1 . 98 acres, all in the City of Waterloo, Black Hawk County, Iowa. Section 2 . That the City Clerk is hereby directed to publish notice of the time and place of said hearing in the Waterloo Courier. Resolution 2009-961 Page 2 PASSED AND ADOPTED this 21St day of September, 2009 . Tim Hurley, Mayor ATTEST: Nancy Ecke , CMC City Clerk