HomeMy WebLinkAbout2020-50-01/21/2020 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-50
RESOLUTION APPROVING A REAL ESTATE PURCHASE
AGREEMENT WITH H & A L.C., IN THE AMOUNT OF
$145,000 WITH UP TO $5,000 IN CLOSING COSTS, TO
PURCHASE 100-114 EAST 10TH STREET, 105 EAST 11TH
STREET AND ASSESSOR PARCEL NUMBER 8913-25-181-
004, AND AUTHORIZING THE MAYOR AND CITY CLERK
TO EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Real Estate Purchase Agreement dated January 21, 2020, between H & A L.C., of
Waterloo, Iowa and the City of Waterloo, Iowa, for property legally described as follows:
LOT NOS. 5, 6, 7, 8, 9 AND 10 IN BLOCK NO. 48 IN IN THE ORIGINAL PLAT, ON
THE EAST SIDE OF THE CEDAR RIVER,
AND
THE SOUTHEASTERLY ONE-HALF OF LOTS 1 AND 4 AND THE
SOUTHEASTERLY 27 FEET OF THE NORTHWESTERLY ONE-HALF OF LOTS 1
AND 4 IN BLOCK 48 IN THE ORIGINAL PLAT, ON THE EAST SIDE OF THE
CEDAR RIVER, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA.
in the amount of $145,000, with up to $5,000 in closing costs, to purchase 100-114 East 10th
Street, 105 East 11th Street and assessor parcel number 8913-25-181-004, is hereby approved,
and the Mayor and City Clerk are authorized and directed to execute said documents on behalf of
the City of Waterloo, Iowa.
PASSED AND ADOPTED this 21St day of January 2020.
Quentin Hart, Mayor
ATTEST:
4/4 /� �,
elley Felchl
City Clerk
Resolution 2020-50
Page 2
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. 2020-50 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 20 day of January 2020.
Witness my hand and seal of office this 20 day of January 2020.
/i /
elley Felchl y
SEAL _ City Clerk