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HomeMy WebLinkAbout2007-677-8/13/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2007-677 RESOLUTION FIXING THE TIME AND PLACE OF HEARING AND NOTICE TO BE GIVEN ON THE PROPOSED PROPERTY EXCHANGE AGREEMENT WITH COMMUNITY NATIONAL BANK IN CONJUNCTION WITH THE EXPO PROJECT, AS AUGUST 27, 2007, AT 5: 30 P.M. IN CITY HALL COUNCIL CHAMBERS, WATERLOO, IOWA AND INSTRUCTING THE CITY CLERK TO PUBLISH THE NOTICE OF HEARING. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS: Section 1 . That the Council of the City of Waterloo, Iowa shall meet at City Hall Council Chambers in the City of Waterloo, Iowa at 5 : 30 p.m. on the 27th day of August, 2007, for the purpose of considering and acting upon a proposed Property Exchange Agreement with Community National Bank in conjunction with the Expo Project, and legally described as follows : Fee Simple Acquisition A parcel of land situated in part of Lots 9 and 10 of Block 6 in the Original Plat on the West side of the Cedar River, and a 10. 00-foot strip lying Southeasterly of and adjoining the Southeasterly line of said Lot 10, all in the City of Waterloo, County of Black Hawk, State of Iowa, more particularly described as follows: Commencing at the intersection of the present Southwesterly right-of-way line of Commercial Street and the present Northwesterly right-of-way line of Park Avenue; thence South 410 (Degrees) 07' (Minutes) 22" (Seconds) West (assumed bearing for the purpose of this description) on the present Northwesterly right-of-way line of Park Avenue, 176. 70 feet to the point of beginning of the parcel herein described; thence continuing South 41°07122" West on the present Northwesterly right-of-way line of Park Avenue, 125. 02 feet to the present Northeasterly right-of-way line of Jefferzon Street; thence North 49003' 08" West on the present Northeasterly right-of-way line of Jefferson Street, also being the Southwesterly line of said Lots 9 and 10 and its extension Southeasterly, 100 . 75 feet (100 . 00 feet record) ; thence North 41009' 48" East, 125 .27 feet; thence South 48054136" East, 100 . 66 feet (100 . 00 feet record) to the point of beginning. By survey containing 12, 603 square feet, or 0.29 acre, all in the City of Waterloo, Black Hawk County, Iowa. Conveyance Plat A parcel of land situated in part of Lots 3, 41 5, 8, 9 and part of the alley, all in Block 6 of the Original Plat on the West side of the Cedar River in the City of Waterloo, County of Black Hawk, State of Iowa, more particularly described as follows : c� Hn ¢ nC rr0ON Z ^ wU 2007-677 s � x ss � � rr Cr Qr— C s CcW&ncing at the intersection of the present E- s g#li bwesterly right-of-way line of Commercial Street x < anl_the present Northwesterly right-of-way line of Park �v&nue; thence North 480 (Degrees) 59' (Minutes) 56" � O" c° � nds) West (assumed bearing for the purpose of this c) M b o sdj Qription) on the present Southwesterly right-of-way H o x d,l_46, of Commercial Street, also being the Northeasterly sof Lots 1, 2 and 3 of said Block 6 and its s d session Southeasterly, 133. 70 feet (133. 00 feet N s a o �rvecojrd) to the point of beginning of the parcel herein d a ebbed; thence South 41011102" West, 140 . 92 feet to G^ = tl Southwesterly line of said Lot 3; thence South < rnn x H40Ol' 32" East on the Southwesterly line of said Lots 2 y or 3 a distance of 33.21 feet; thence South 41009148" s West, 35. 64 feet; thence North 48°50112" West, 15. 54 o � 3: Zit; thence North 03°54136" West, 193. 96 feet; thence x 3gd_kth 41000, 04" East, 39. 14 feet to the present M ¢ x �g; thwesterly right-of-way line of Commercial Street, < n . Q 4 _ o being the Northeasterly line of said Lot 5; thence s m 5o)4th 48059156" East on the present Southwesterly cn < i ht-of-way line of Commercial Street, also being the V theasterly line of said Lots 5, 4, and 3, a distance d 171 o �J�, 119. 81 feet to the point of beginning. sM; tr � r o s m By)zz survey containing 12, 876 square feet, or 0. 30 acre, F" H alb in the City of Waterloo, Black Hawk County, Iowa. nim F F, Section 2 . That the City Clerk is hereby directed to publish notice of the time and place of said hearing in the Waterloo Courier. PASSED AND ADOPTED this 13th day of August, 2007 . 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