HomeMy WebLinkAbout2007-070-2/5/2007 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2007-70
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF THE 10' X 40' PORTION OF ALLEY
GENERALLY LOCATED WITHIN THE PARK AREA OFF
SYCAMORE STREET BETWEEN EAST PARK AVENUE AND
EAST 4T" STREET FOR $500. 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 $500 . 00, plus costs, has been made by
Cardinal Construction, Inc. , and
WHEREAS, a public hearing was held on February 5, 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 Cardinal Construction, Inc. , 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
January 26, 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 Cardinal Construction, Inc. to
purchase real property for the sum of $500 . 00, and costs, be and
it is hereby accepted for real property described below:
The Northwesterly Ten (10) feet of the Southeasterly
One Hundred Ten (110) feet of the Northeasterly 40 feet
of Lot 1 in Block 4 , in the Original Plat, on the East
Side of the Cedar River, in the City of Waterloo, Black
Hawk County, Iowa, subject to city' s retention of an
utility easement over, under and above the above
described parcel .
3. That the City of Waterloo, Iowa, convey said parcels of
real property to Cardinal Construction, Inc. by deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Cardinal Construction, Inc.
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 Cardinal Construction, Inc.
upon receipt of the sum of $500. 00, and costs .
2007-70
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\)E%MED AND ADOPTED this 5^ day of February, 2007 .
Tim Hurley, May
77:
Namy �N�ert, Mc
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