HomeMy WebLinkAbout2015-797-10/5/2015 Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-
4323 .
RESOLUTION NO. 2015-797
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON THE
VACATION OF A PORTION OF EAST SAN 'MARNAN
DRIVE` RIGHT-OF-WAY ADJACENT TO 2825 CROSSROAD
BOULEVARD, TO REALTY INCOME CORPORATION, A
MARYLAND CORPORATION, IN THE AMOUNT OF
$133, 500, AS OCTOBER 19, 2015, AT 5 : 30 P.M.
IN HAROLD E. GETTY COUNCIL CHAMBERS, CITY
HALL, 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 in the Harold E. Getty Council Chambers, City Hall, in
the City of Waterloo, Iowa, at 5 : 30 p.m. on the l9th day of
October, 2015, for the purpose of considering and acting upon a
proposal to vacate' a portion of East San Marnan Drive Right-of-
Way adjacent to 2825 Crossroad Boulevard, to Realty income
Corporation, a Maryland Corporation, in the amount of
$133, 500 . 00, and legally described as follows :
That part of the East Half (1/2) of Section Two (02) ,
Township Eighty-eight North (T88N) , Range Thirteen
West (R13W) of the Fifth Principal Meridian, in the
City of Waterloo, Black Hawk County, Iowa, described
as follows : .
Beginning at the most Westerly corner of , Parcel "C",
Document No. 2005-26829 in the Black Hawk County
Recorder' s Office; thence S41050118"E Fifty and
Thirty-three Hundredths (50 . 33) feet along the
Southwest line of said Parcel "C" to the Most
Northerly corner of Tract described in Document No.
2006-21626 in said Recorder ' s Office; thence
S48005140"W One Hundred Seventy and Forty Hundredths
(170 . 40) feet along the 'North line of said Tract to
the most Westerly corner of said Tract; thence
N41055114"W Fifty and, Thirty-three Hundredths (50ry. 33)
feet along the Northwesterly extension of the
Southwest line of said Tract to the Southwesterly
L extension of the Northwest line of aforesaid Parcel
"C"; thence N48005 ' 38"E One Hundred Seventy and
Forty-eight Hundredths (170 . 48) feet along said
Southwesterly extension to the point of beginning
containing 8578 square feet . Subject to the
retention of a utility easement over, under and upon
the Northwesterly Twenty-five (25) feet of the above
described area, 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.
PASSED AND ADOPTED this 5th day of October, 2015 .
I�
Resolution No. 2015-797
Page 2
Ern st G. lar Mayor
ATTEST:
Suzy;;Sc ares, CMC
City Cl rk+
r is
6
f