HomeMy WebLinkAbout2019-972-12/30/2019 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319)291-4323.
RESOLUTION NO. 2019-972
RESOLUTION AUTHORIZING SALE AND CONVEYANCE
OF A PORTION OF CITY OWNED RIGHT-OF-WAY,
SUBJECT TO THE RETENTION OF A UTILITY EASEMENT
OVER, UNDER AND UPON THE AREA TO BE VACATED
TO PWS HOLDINGS 19 IA, LLC, IN THE AMOUNT OF $1.00,
AND AUTHORIZING THE MAYOR TO EXECUTE SAID
DOCUMENTS.
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 parcel of real property has been made by PWS
Holdings 19 IA, LLC, in the amount of$1.00, and
WHEREAS, a public hearing was held on December 30, 2019 at 5:30 p.m. in the Harold
E. Getty Council Chambers, 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 PWS Holdings 19 IA, LLC, and
WHEREAS, it is the opinion of this Council that the 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 December 20, 2019, is not presently needed, and will not be needed in the
foreseeable future for municipal purposes, and its ownership is serving no municipal purpose.
2. That the offer of PWS Holdings 19 IA, LLC, to purchase real property for the sum of
$1.00, is hereby accepted for real property described as follows:
A PART OF SOUTHEAST 1/4 OF SECTION 21, TOWNSHIP 89 NORTH,
RANGE 13 WEST OF THE 5TH P.M., CITY OF WATERLOO, BLACK
HAWK COUNTY, IOWA, DESCRIBED AS FOLLOWS:
BEGINNING AT THE POINT OF INTERSECTION OF THE NORTH LINE OF
FALLS AVENUE AND THE WEST LINE OF STEPHEN AVENUE AS
ORIGINALLY ESTABLISHED; THENCE NORTH 0°15'49" EAST ALONG
SAID WEST LINE, A DISTANCE OF 166.92 FEET; THENCE SOUTH
21°05'05" EAST, 64.32 FEET; THENCE SOUTH 30°07'30" EAST, 78.97 FEET;
THENCE SOUTH 30°35'41" EAST, 42.62 FEET; THENCE SOUTH 21° 39' 15"
WEST, 19.87 FEET; THENCE SOUTHWESTERLY ALONG A CURVE
CONCAVE SOUTHEASTERLY WHOSE RADIUS IS 303.52 FEET, WHOSE
LENGTH IS 58.65 FEET AND WHOSE CHORD BEARS SOUTH 66°31'32"
WEST, 58.56 FEET; THENCE SOUTH 60°59'23" WEST, 53.75 FEET;
THENCE WESTERLY ALONG A CURVE CONCAVE SOUTHERLY WHOSE
RADIUS IS 2,961.60 FEET, WHOSE LENGTH IS 130.99 FEET AND WHOSE
CHORD BEARS NORTH 58°48'58" WEST, 130.98 FEET; THENCE NORTH
Resolution 2019-972
Page 2
61°15'23" WEST, 59.91 FEET; THENCE NORTH 0°07'51" EAST, 10.22 FEET;
THENCE EASTERLY ALONG A CURVE CONCAVE NORTHERLY WHOSE
RADIUS IS 1008.80 FEET, WHOSE LENGTH IS 192.07 FEET AND WHOSE
CHORD BEARS SOUTH 77°40'59" EAST, 191.78 FEET TO THE POINT OF
BEGINNING, CONTAINING 0.38 ACRES (16,475 SQUARE FEET) MORE
OR LESS, SUBJECT TO THE RETENTION OF A UTILITY EASEMENT
OVER, UNDER AND UPON THE ABOVE DESCRIBED AREA.
3. That the City of Waterloo, Iowa conveys said parcel of real property to PWS Holdings
19 IA, LLC, by quit claim deed.
4. That the Mayor is authorized and directed to execute said deed.
5. That the original of said quit claim deed fully executed and acknowledged is hereby
approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to PWS Holdings 19 IA, LLC, upon receipt of the sum of$1.00.
PASSED AND ADOPTED this 30th day of December 2019.
Quentin Hart, Mayor
ATTEST:
elley Felchl:'
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2019-972 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 30th day of December 2019.
Witness my hand and seal of office this 30th day of December 2019.
L //' ` f
_ elley Fel c(le
City Clerk
SEAL