HomeMy WebLinkAbout2020-285-04/27/2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-285
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY OWNED PROPERTY LOCATED AT
1804 E. 4TH STREET, TO GOLDFINCH S&M PROPERTIES,
LLC, IN THE AMOUNT OF $5,000, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of real property located at 1804 E.
4th Street in the City of Waterloo, Iowa, as described below, and
WHEREAS, an offer to purchase said parcel of real property, in the amount of $5,000 has
been made by Goldfinch Properties, LLC, and
WHEREAS, a public hearing was held on April 27, 2020 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 Goldfinch Properties, 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 real property located at 1804 E. 4th Street, as fully described in the published
notice in the Waterloo Courier on April 17, 2020, 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 Goldfinch Properties, LLC, to purchase property located at 1804 E.
4th Street, for the sum of $5,000, is hereby accepted for the real property legally described as
follows:
THE WEST 96 FEET OF LOT 1, BLOCK 6, "MANSON'S SECOND
ADDITION" IN WATERLOO, IOWA, A/K/A LOT 1, EXCEPT THE EAST 44
FEET, OF BLOCK 6, MANSON'S SECOND ADDITION IN WATERLOO,
IOWA.
AND
THE SOUTH 30 FEET OF LOT 2, BLOCK 6, IN "MANSON'S SECOND
ADDITION" IN WATERLOO, IOWA.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Goldfinch
Properties, LLC, by quit claim deed.
4. That the Mayor and City Clerk are 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.
Resolution 2020-285
Page 2
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to Goldfinch Properties, LLC, upon receipt of the sum of $5,000.
PASSED AND ADOPTED this 27th day of April 2020.
ATTEST:
Kelley Felc
City Clerk
Quentin Hart, Mayor
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 2020-285, as passed and adopted by the
Council of the City of Waterloo, Iowa, on the 27th day of April 2020.
SEAL
Witness my hand and seal of office this 27th day of April 2020.
Kelley Felchle
City Clerk