HomeMy WebLinkAbout2007-571-7/9/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2007-571
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY GENERALLY LOCATED AT
THE INTERSECTION OF MULLAN AVENUE AND
COMMERCIAL STREET FOR $1 . 00, PLUS COSTS, 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 U. S.
Bank National Association, and
WHEREAS, a public hearing was held on July 9, 2007, 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 U. S . Bank National Association, 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
July 2, 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 U. S . Bank National Association to
purchase real property for the sum of $1 . 00, and costs, be and it
is hereby accepted for real property described below:
Lot No. Two (2) , except the Southeasterly Nineteen and
Fifty-two Hundredths (19. 52) feet in even width thereof
in Block No. Three (3) in James Egger' s Addition to the
Village of Waterloo, Black Hawk County, Iowa. Also
That part of the Northwest Quarter of the Northeast
Quarter of Section No. Tienty-six (26) , Township No.
Eighty-nine (89) North, Raige No. Thirteen (13) West of
the Fifth Principal Meridian, in the City of Waterloo,
Black Hawk County, Iowa, bcunded as follows :
Beginning at the point of intersection of the North
line of said Northwest Quarter of the Northeast Quarter
and the Southwest line of Block No. Three (3) in James
Egger' s Addition to the Village of Waterloo, Black Hawk
County, Iowa; thence East along said North line to a
point that is Eighty (80) feet Northwesterly of the
Northwesterly line of Mullan Avenue, as measured along
a line that is parallel with the Northeasterly line of
said Block No. Three (3) ; thence Southwesterly along a
line that is parallel with the Northwesterly line of
Mullan Avenue to its intersection with a line drawn
through the point of beginning and parallel to the
Northeasterly line of said Block No. Three (3) ; thence
Northwesterly to the point of beginning.
l4ution 2007-571
o > ¢ d
s ti
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= F�. rrj 'Also, Fractional Lot No. One (1) and the Southeasterly
C d H Nineteen and Fifty-two Hundredths (19 . 52) feet in even
-width of Fractional Lot Two (2) in Block No. Three (3)
m HE~ min James Egger' s Addition to the Village (now City) of
v s _Waterloo, Black Hawk County, Iowa.
O n E
'T"
H x11so all that part of the Northwest
Quarter of the
T ~ c
o s c �Jqortheast Quarter of Section No. Twenty-six (26) ,
N ¢ F--� cTownship No. Eighty-nine (89) North, Range No. Thirteen
s .-7 a x(13) West of the Fifth (5 ) Principal Meridian, in the
o m 1\� - -City of Waterloo, Black Hawk County, Iowa, lying within
N s n ti -.he following boundaries :
n s Commencing at the point of intersection of the
o E-144orthwesterly line of Mullan Avenue with the North line
r,., s o a; �f the Northwest Quarter of
� Quarter of the Northeast
m ?said Section No. Twenty-six (26) ; thence West along
>1
aid North line to a point that is Eighty (80) feet
s porthwesterly from the Northwesterly line of Mullan
m ¢ ¢ ftAvenue, as measured along a line that is parallel with
o s c rhe Northeasterly line of Block No. Three (3) in said
r > .- ,James Egger' s Addition to the Village (now City) of
c7' �7 = Waterloo, Iowa; thence Southwesterly along a line that
U-,
�Y, � "ls parallel with the Northwesterly line of Mullan
r" , C�venue to the point on the Southwesterly line of Block
Oslo. Three (3) if extended Southeasterly; thence
Southeasterly along a line which is parallel with the
Northeasterly line of Block No. Three (3) a distance of
Eighty (80) feet to the Northwesterly line of Mullan
Avenue; thence Northeasterly along the Northwesterly
line of Mullan Avenue to the point of beginning.
Also, the Southeasterly Forty (40) feet in even width
of Lot No. Three (3) of Block No. Three (3) in James
Egger' s Addition to the Village (now City) of Waterloo,
Black Hawk County, Iowa;
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to U. S . Bank National Association by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to U. S . Bank National Association.
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 U. S . Bank National Association
upon receipt of the sum of $1 . 00, and costs .
PASSED AND ADOPTED this 9th day of July, 2007 .
Tim Hurley, Mp�ior
ATTEST:
Nancy Eck CMC
City Cler
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