HomeMy WebLinkAbout2007-134-2/26/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2007-134
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF A PORTION OF THE ALLEY
GENERALLY LOCATED ADJACENT TO LOTS 1 THROUGH
5 AND LOTS 24 THROUGH 25 IN BLOCK 1 OF NORTH
WATERLOO PLACE FOR $1. 00, PLUS COSTS, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE AND DELIVER DEED FOR SAME, AND
RESCINDING RESOLUTION NO. 2006-545 IN ITS
ENTIRETY.
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 NM
Development LC, and
WHEREAS, a public hearing was held on February 26, 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 NM Development LC, 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
February 16, 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 NM Development LC to purchase real
property for the sum of $1 . 00, and costs, be and it is hereby
accepted for real property described below:
That part of the vacated alley as platted in Block One
(1) , North Waterloo Place in the City of Waterloo, Iowa
lying Northerly of a line drawn between the Southeast
corner of Lot Five (5) and the Southwest corner of Lot
Twenty (20) in said Block One (1) ; and lying Southerly
of a line drawn between the Northeast corner of Lot One
(1) and the Northwest corner of Lot Twenty-four (24 ) in
said Block One (1) , all in the City of Waterloo, Black
Hawk County, Iowa.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to NM Development LC by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to NM Development LC.
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 NM Development LC upon receipt
of the sum of $1 . 00, and costs.
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\ \F iFURTHER SOLVED that solution No. 2006-545, be and
RERe
rescinded in its entirety.
.A3 AND ADOPTED this 26h
day of February, 2009 .
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