HomeMy WebLinkAbout2020-735-09.28.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-735
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY OWNED PROPERTY LOCATED AT
120 CENTER STREET, TO PERFECT MATCH PROPERTIES,
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 120
Center 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 Perfect Match Properties, LLC, and
WHEREAS, a public hearing was held on September 28, 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 Perfect Match Properties, 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 120 Center Street, in the City of Waterloo, Iowa, as fully
described in the published notice in the Waterloo Courier September 18, 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 Perfect Match Properties, LLC, to purchase the property at 120
Center Street, in the City of Waterloo, Iowa, for the sum of $1.00, is hereby accepted for the real
property legally described as follows:
COMMENCING AT THE EAST CORNER OF SAID LOT; THENCE WEST ALONG
THE SOUTH LINE OF SAID LOT A DISTANCE OF 267.23 FEET; THENCE
DEFLECT RIGHT 90 DEGREES 1 MINUTE FROM THE LAST DESCRIBED
COURSE A DISTANCE OF 234.18 FEET TO THE SOUTHWESTERLY RIGHT OF
WAY LINE OF THE ILLINOIS CENTRAL RAILROAD (FORMERLY THE
DUBUQUE & SIOUX CITY RAIL ROAD COMPANY); THENCE
SOUTHEASTERLY ALONG SAID SOUTHWESTERLY RIGHT OF WAY LINE A
DISTANCE OF 355.27 FEET MORE OR LESS TO THE PLACE OF BEGINNING.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Perfect Match
Properties, 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
Resolution 2020-735
Page 2
deliver said deed of conveyance to Perfect Match Properties, LLC, upon receipt of the sum of
$1.00.
PASSED AND ADOPTED this 28th day of September 2020.
ATTEST:
Ke//e, 5e/c/ile
Kelley Felchle
City Clerk
CERTIFICATE
0.m&nfn 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. 2020-735 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 28th day of September 2020.
SEAL
Witness my hand and seal of office this 28th day of September 2020.
Ket/e, �et'ck1e
Kelley Felchle
City Clerk