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HomeMy WebLinkAbout2020-343-05/18/2020 (RECORDED) IIIIII II III I III II IIIDIIIIIIIIII Doc ID: 009902960002 Type: GEN Recorded: 07/24/2020 at 04:03:10 PM Fee Amt: $12.00 Pape 1 of 2 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2021-00001992 Loccomou Prepar by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,IA 50703,(319)291-4323. RESOLUTION NO.2020-343 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY OWNED PROPERTY LOCATED SOUTH OF 1318 MARTIN ROAD, TO 3 STOOGES, LLC, IN THE AMOUNT OF $1.00,AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of real property located at 1318 Martin Road 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 3 Stooges,LLC,and WHEREAS, a public hearing was held on May 18, 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 3 Stooges,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 1318 Martin Road, as fully described in the published notice in the Waterloo Courier on May 8,2020,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 3 Stooges,LLC,to purchase property located at 1318 Martin Road, for the sum of$1.00,is hereby accepted for the real property legally described as follows: BROCK THIRD ADDITION LOT 2 EXCEPT THE NORTH 150 FEET 3. That the City of Waterloo, Iowa conveys said parcel of real property to 3 Stooges, 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 3 Stooges,LLC,upon receipt of the sum of$1.00. PASSED AND ADOPTED this 18`h day of May 2020. y:+.R OMentin Hart Quentin Hart,Mayor 13-, Resolution 2020-343 Page 2 ATTEST: Kelley .elchle ' Kelley Felchle City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2020-343, as passed and adopted by the Council of the City of Waterloo,Iowa,on the 18`"day of May 2020. Witness my hand and seal of office this 181h day of May 2020. Kellen Felchle 5 Kelley Felchle City Clerk SEAL 11A 1¢ • 4t s,It- 0d 1111 II 1111111111111111111 1111111 II 111111II Doc ID: 009902970001 Type: GEN Recorded: 07/24/2020 at 04:04:25 PM Fee Amt: $12.00 Page 1 of 1 Revenue Tax: $0.00 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2021-00001993 P4 "parer Information Christopher S.Wendland P.O.Box 596,Waterloo, IA 50704 (319)234-5701 Address tax statement to 3 Stooges, LLC,3510 Kimball Ave.,Suite H,Waterloo, IA 50702 Return deed to preparer. SPECIAL WARRANTY DEED For the consideration of One and 00/100 Dollars ($1.00)and other valuable consideration, City of Waterloo, Iowa does hereby convey to 3 Stooges, LLC the following described real estate in Black Hawk County, Iowa: Lot 2, except the North 150 feet thereof, Brock Third Addition, City of Waterloo, Black Hawk County, Iowa. Subject to (a)easements, conditions, and restrictions of record; (b)general utility and right-of-way easements serving the property; and (c) restrictions imposed by local zoning ordinances and other applicable law. Deed from Iowa political subdivision. Exempt from real estate transfer tax, declaration of value and groundwater hazard statement. The grantor hereby covenants with grantees, and successors in interest, to warrant and defend the real estate against the lawful claims of all persons claiming by, through, or under it, except as may be stated above. Words and phrases herein, including acknowledgment hereof, shall be construed as in the singular or plural number, and as masculine or feminine gender, according to the context.STATE OF IOWA ) Dated: .1\kLiA d I b , 2020 ) ss: BLACK HAWK COUNTY ) CITY OF WATERLOO, IOWA Acknowledged before me on June I ,2020,by Quentin M. Hart and Kelley Felchle, Mayor and City Clerk, respectively, of the City of Waterloo, Iowa. By: 0/.--4--itAti Quentin M. Hart, Mayor f\ 4oif(tilAZS j t-`�l;ublic Attest: , Kelley Felc , ity Clerk NANCY 11GEL e COMMISSION"if✓ I• "" • my SIC,a ExonES Nr ( l)) I