HomeMy WebLinkAbout2008-525-6/23/2008 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2008-525
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE FOR $1 . 00, PLUS COSTS, A PORTION
OF WEST AIRLINE HIGHWAY ADJACENT TO 3533 WEST
AIRLINE HIGHWAY TO ALLOW FOR CONSTRUCTION OF
A MONUMENT SIGN AND AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE AND DELIVER DEED FOR
SAME.
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 certain parcels of real
property in the sum of $1 . 00, plus costs, has been made by Budke
Properties, and
WHEREAS, a public hearing was held on June 23, 2008, at 5 : 30
p.m. in the Council Chambers in 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 Budke Properties, and
WHEREAS, it is the opinion of this Council that 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
June 16, 2008, is not presently needed and will not be needed in
the foreseeable future for municipal purposes and its ownership is
serving no municipal purpose, and
2 . That the offer of Budke Properties to purchase real
property for the sum of $1 . 00, and costs, be and it is hereby
accepted for real property described below:
Parcel "E"
That part of the Northwest Quarter of the Northeast
Quarter (NW ;.-4 NE 1-4) of Section No. 8, Township No. 89
North, Range No . 13 West of the Fifth Principal
Meridian, City of Waterloo, Black Hawk County, Iowa,
described as follows :
Commencing at the Northwest corner of Northwest
Quarter of the Northeast Quarter, point being a found
'-�" rebar in P. C. C. pavement;
thence along the West line of said Northwest
Quarter of the Northeast Quarter South 00004 ' East a
distance of 33 . 0 feet to a set '-�" rebar with license
#16264 ;
thence parallel with the North line of said
Northwest Quarter of the Northeast Quarter Due East a
distance of 160 . 6 feet to the East line of the West 160
feet of said Northwest Quarter of the Northeast Quarter
per Plat of Survey date 8/19/2005 and recorded in Fee
Book #2006 17726 in the Office of the Black Hawk County
Recorder, point being a set rebar with license
#16264 ;