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HomeMy WebLinkAbout2009-1027-10/12/2009 This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2009-1027 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY GENERALLY LOCATED AT THE NORTHEAST CORNER OF WAGNER ROAD AND BROADWAY STREET, FOR $1 . 00 , PLUS COSTS, AND AUTHORIZING THE MAYOR AND DEPUTY 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 $1 . 00 , plus costs, has been made by Tournier Manufacturing, Inc . , and WHEREAS, a public hearing was held on October 12, 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 Tournier Manufacturing, Inc . , 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 September 25, 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 Tournier Manufacturing, Inc . , to purchase real property for the sum of $1 . 00, and costs, be and it is hereby accepted for real property described below: 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 Ol°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. Resolution No. 2009-1027 Page 2 Containing 86, 064 square feet or 1 . 98 acres, all in the City of Waterloo, Black Hawk County, Iowa. 3 . That the City of Waterloo, Iowa, convey said parcels of real property to Tournier Manufacturing, Inc . , by deed. 4 . That the Mayor and Deputy City Clerk are hereby authorized to execute and deliver deed to Tournier Manufacturing, Inc . 5 . That the original of said deed fully executed and acknowledged is hereby approved and confirmed by the Council . 6 . That the Deputy City Clerk is authorized and directed to deliver said deed of conveyance to Tournier Manufacturing, Inc . upon receipt of the sum of $1 . 00, and costs . PASSED AND ADOPTED this 12th day of October, 2009 . Tim Hurley, Mayor ATTEST: 0-401g--/ radafit Carol Failor, Deputy City Clerk