HomeMy WebLinkAbout2020-719-09.21.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-719
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY OWNED PROPERTY
LOCATED NORTH OF 3488 WAGNER ROAD, IN THE
AMOUNT OF $1.00, TO STEEGE INVESTMENTS, LLC, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of real property located north of
3488 Wagner 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 Steege Investments, LLC, and
WHEREAS, a public hearing was held on September 21, 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 Steege Investments, 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 north of 3488 Wagner Road, in the City of Waterloo, Iowa,
as fully described in the published notice in the Waterloo Courier September 11, 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 Steege Investments, LLC, to purchase the property located north of
3488 Wagner Road, in the City of Waterloo, Iowa, for the sum of $1.00, is hereby accepted for
the real property legally described as follows:
LOT 6, WAGNER ROAD SUBDIVISION, CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Steege
Investments, LLC, by quit claim deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said quit claim 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 Steege Investments, LLC, upon receipt of the sum of $1.00.
PASSED AND ADOPTED this 21st day of September 2020.
Resolution 2020-719
Page 2
ATTEST:
Ke//ee
Kelley Felchle
City Clerk
CERTIFICATE
QuPVI'UVl Hart
Quentin Hart, Mayor
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 No. 2020-719 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 21st day of September 2020.
SEAL
Witness my hand and seal of office this 21 st day of September 2020.
Kett" re/ck/e
Kelley Felchle
City Clerk