HomeMy WebLinkAbout2020-783-10.19.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2020-783
RESOLUTION APPROVING A REAL ESTATE PURCHASE
AGREEMENT WITH AKE, LLC, IN THE AMOUNT OF
$34,000 WITH UP TO $5,000 IN CLOSING COSTS, TO
PURCHASE A LOT SOUTH OF 3175 LOGAN AVENUE,
PARCEL NUMBER 8913-02-476-048, AND AUTHORIZING
THE MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Real Estate Purchase Agreement dated October 19, 2020, between AKE, LLC and the
City of Waterloo, Iowa, for property legally described as follows:
THAT PART OF THE EAST ONE-HALF OF THE SOUTHEAST QUARTER OF
SECTION NO. 2, TOWNSHIP 89 NORTH, RANGE NO. 13 WEST OF THE FIFTH
PRINCIPAL MERIDIAN IN BLACK HAWK COUNTY, IOWA, DESCRIBED AS
FOLLOWS:
BEGINNING AT A POINT THAT IS 883.51 FEET NORTH AND 33 FEET WEST OF
THE SOUTHEAST CORNER OF SAID SECTION; THENCE SOUTH 89°06'59"
WEST A DISTANCE OF 297 FEET; THENCE SOUTH 00°04'16" EAST PARALLEL
WITH THE EAST LINE OF SAID SECTION A DISTANCE OF 90 FEET; THENCE
NORTH 89°05'59" EAST A DISTANCE OF 297 FEET; THENCE NORTH 00°04'16"
WEST A DISTANCE OF 90 FEET TO THE POINT OF BEGINNING. EXCEPT THAT
PART CONVEYED TO THE STATE OF IOWA FOR ROAD PURPOSES IN 548 LD
713.
in the amount of $34,000, with up to $5,000 in closing costs, to purchase a lot south of 3175
Logan Avenue, parcel number 8913-02-476-048, is hereby approved, and the Mayor and City
Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo,
Iowa.
PASSED AND ADOPTED this 19th day of October 2020.
Q(,tPVltcn Har
DIGITALLY
SIGNED
Quentin Hart, Mayor
ATTEST:
Kele, re/c/ile
Kelley Felchle
City Clerk
Resolution 2020-783
Page 2
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 No. 2020-783 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 19th day of October 2020.
Witness my hand and seal of office this 19th day of October 2020.
Ke//e,-e/ch/e
Kelley Felchle
City Clerk