HomeMy WebLinkAbout2015-765-9/21/2015 Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2015-765
RESOLUTION APPROVING THE MODIFICATION OF
MORTGAGE BETWEEN THE CITY OF WATERLOO AND
GRAND INVESTMENTS, LLC. , AND AUTHORIZING
MAYOR TO SIGN SAID DOCUMENT.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
--that the ...modification of mortgage, dated September 21, 2015
between Grand Investments, LLC and the City of Waterloo, Iowa, to
correct the originally filed incomplete legal description,
corrected as follows :
PARCEL A IN PART OF LOT NO. 30 IN "AUDITOR' S FALLS AVENUE
AND MULLAN AVENUE PLAT IN THE CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA, DESCRIBED AS FOLLOWS :
COMMENCING AT THE MOST SOUTHERLY CORNER OF LOT 30; THENCE N
480 50100"W. ALONG THE SOUTHWESTERLY LINE OF SAID LOT 30, A
DISTANCE OF 323 . 07 FEET TO THE POINT OF BEGINNING; THENCE
CONTINUING ALONG SAID SOUTHWESTERLY LINE, N 480 50100" W, A
DISTANCE OF 243 . 81 FEET; THENCE N 62055' 58" E, A DISTANCE OF
222 . 89 FEET; THENCE N 830 45111" E, A DISTANCE OF 78 . 78
FEET; THENCE S 57007' 37" E, A DISTANCE OF 103 . 99 FEET;
THENCE S 48050100" ,E, A DISTANCE OF 17 . 47 FEET; THENCE S 430
43' 43" W, A DISTANCE OF 280 . 28 FEET TO THE POINT OF
- BEGINNING, CONTAINING -1 . 2010 ACRES;
A/K/A THAT PART OF LOT 30 IN "AUDITOR' S FALLS AVENUE AND
MULLAN AVENUE PLAT",° BLACK HAWK COUNTY, IOWA AS INDICATED
AND DESCRIBED ON PLAT OF SURVEY DOC. #2014-11362;
AND ALSO, PARCEL' "B"- IN PART- OF LOT NO. 30 IN "AUDITOR' S
FALLS AVENUE AND MULLAN AVENUE PLAT" IN THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA, AS APPEARS IN THE PLAT OF
SURVEY RECORDED IN BOOK 327, PAGE 412 IN THE OFFICE OF THE
RECORDER, BLACK HAWK COUNTY, IOWA, EXCEPT THE SOUTHEASTERLY
137 . 00 FEET OF SAID PARCEL "B", ADJACENT TO WEST MULLAN
AVENUE;
be and the same is hereby approved and the Mayor is authorized
and directed to execute the same on behalf of the City of
Waterloo, Iowa.
_.. —_PASSED AND ADOPTED this 21St day of September 2015 .
r: Ernest G. Clark, Mayor
ATTEST:
uzy Sch res, CMC
City Cle k