HomeMy WebLinkAbout2008-08-1/7/2008 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2008-8
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE FOR $1 . 00, PLUS COSTS, THE RATH
ADMINISTRATION BUILDING LOCATED AT 1515
SYCAMORE STREET TO ALLOW FOR RESTORATION AND
REHABILITATION 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 MAKO
Waterloo Corporation, and
WHEREAS, a public hearing was held on January 7, 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 MAKO Waterloo Corporation, 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
December 17, 2007, 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 MAKO Waterloo Corporation to purchase
real property for the sum of $1 . 00, and costs, be and it is
hereby accepted for real property described below:
Lots 1-12, Block 4, Riverside Addition, City of
Waterloo, Black Hawk County, Iowa; and
All of the alley in Block 4, Riverside Addition, City
of Waterloo, Black Hawk County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to MAKO Waterloo Corporation by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to MAKO Waterloo Corporation.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council .
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to MAKO Waterloo Corporation upon
receipt of the sum of $1 . 00, and costs .
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