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HomeMy WebLinkAbout2014-768-09/02/2014 Prepared by Carol Nemmers, Deputy City Clerk city of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, RESOLUTION NO. 2014-768 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY WITH NEW CONSTRUCTION HOME LOCATED AT 1019 LAFAYETTE STREET, FOR $95, 100 . 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 parcel of real property has been made by Yoahna Valencia and Sergio Rangel in the sum of $95, 100 . 00, plus costs, and WHEREAS, a public hearing was held on September 2, 2014, at 5 : 30 p.m. in the Harold E. Getty 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 Yoahna Valencia and Sergio Rangel, 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 August 21, 2014, 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 Yoahna Valencia and Sergio Rangel to purchase real property for the sum of $95, 100 . 00, and costs, be and it is hereby accepted for real property described below: A Survey of Tract 1 (1013 Lafayette Street) : The Southeasterly 49. 0 feet of Lot 7 and Lot 10, and the Northwesterly 4 . 00 feet of Lot 8 and Lot 9, all in Block 24, of the Original Plat of Waterloo, East of the Cedar River, Black Hawk County, State of Iowa, containing 6, 371 . 1 square feet, or 0 . 148 acres. Quit Claim by City of part of Tract 1 : The Northwesterly 4 . 00 feet of Lot 8 and Lot 9, all in Block 24, of the Original Plat of Waterloo, East of the Cedar River, Black Hawk County, State of Iowa, containing 480 . 8 square feet, or 0. 011 acres . And A Survey of Tract 2 (1019 Lafayette Street) : The Southeasterly 71. 0 feet of Lot 8 and Lot 9, of the Northwesterly 75. 00 feet of said Lot 8 and Lot 9, all in Block 24, of the Original Plat of Waterloo, East of the Cedar River, Black Hawk County, State of Iowa, containing 8, 535. 1 square feet, or 0. 196 acres . Resolution No. 2014-768 Page 2 3 . That the City of Waterloo, Iowa convey said parcel of real property to Yoahna Valencia and Sergio Rangel by deed. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Yoahna Valencia and Sergio Rangel . 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 Yoahna Valencia and Sergio Rangel upon receipt in the sum of $95, 100 . 00, and costs . PASSED AND ADOPTED this 2nd da September, 2014 . .."%(-a 1#: Ernest G. Clark, Mayor ATTEST: I y Sch res, CMC City Cle k 1