HomeMy WebLinkAbout2020-529-07.13.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-529
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY GENERALLY DESCRIBED
AS 1809 BLACK HAWK STREET, TO 5BEES, LLC, IN THE
AMOUNT OF $1.00, AND AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE SAID DOCUMENT.
WHEREAS, the City of Waterloo, Iowa is the owner of real property located at 1809
Black Hawk 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 $1.00 has
been made by 5Bees, LLC, and
WHEREAS, a public hearing was held on July 13, 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 5Bees, 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 1809 Black Hawk Street, in the City of Waterloo, Iowa, as
fully described in the published notice in the Waterloo Courier on July 7, 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 5Bees, LLC, to purchase the property located at 1809 Black Hawk
Street, in the City of Waterloo, Iowa, for the sum of $1.00, is hereby accepted for the real
property legally described as follows:
LOT 7 IN BLOCK 16 IN HAYES' ADDITION TO THE TOWN (NOW CITY) OF
WATERLOO, BLACK HAWK COUNTY, IOWA, HALF OF ALLEY ABUTTING
SAID LOT 7, AND OTHER AVAILABLE ALLEY ABUTTING SAID LOT.
3. That the City of Waterloo, Iowa conveys said parcel of real property to 5Bees, LLC, by
special warranty deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said special warranty deed, fully executed and acknowledged, is
hereby approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to 5Bees, LLC, upon receipt of the sum of $1.00.
PASSED AND ADOPTED this 13th day of July 2020.
Resolution 2020-529
Page 2
ATTEST:
LeAnn M. Even, CMC, IaCMC
Deputy City Clerk
CERTIFICATE
Quentin Hari
Quentin Hart, Mayor
I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify
that the preceding is a true and complete copy of Resolution No. 2020-529 as passed and adopted
by the City Council of the City of Waterloo, Iowa, on the 13th day of July 2020.
SEAL
Witness my hand and seal of office this 13th day of July 2020.
.Pe 2. (ven
LeAnn M. Even, CMC, IaCMC
Deputy City Clerk