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HomeMy WebLinkAbout2016-170-3/14/2016 Prepared by Nancy Higby, Administrative Secretary, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291- 4323 . RESOLUTION NO. 2016-170 RESOLUTION FIXING THE TIME AND PLACE OF HEARING AND NOTICE TO BE GIVEN ON THE REQUEST TO AUTHORIZE THE SALE AND CONVEYANCE OF CITY- OWNED PROPERTY GENERALLY LOCATED SOUTHEAST OF 500 EAST 4TH STREET (THE FORMER AMERICAN LEGION PROPERTY) TO KWWL TELEVISION, INC. FOR $1 . 00 IN ACCORDANCE WITH THE DEVELOPMENT AGREEMENT, AS MARCH 21ST, 2016, AT 5 : 30 P.M. IN HAROLD E. GETTY COUNCIL CHAMBERS, CITY HALL, WATERLOO, IOWA AND INSTRUCTING THE CITY CLERK TO PUBLISH THE NOTICE OF HEARING. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS: Section 1. That the Council of the City of Waterloo, Iowa shall meet in the Harold E. Getty Council Chambers,a City Hall, in the City of Waterloo, Iowa at 5 : 30 p.m. on the 21St day of March, ' 2016, for the purpose of considering •and acting upon a request to authorize the sale and conveyance of City-owned property generally located southeast of 500 East 4th Street (the former American Legion property) to KWWL Television, Inc. for $1. 00 in accordance with the Development Agreement, and legally described as follows : Lot No. 5; The Southwesterly 20 feet of the Southeasterly 90 feet, and° the Southwesterly 10 feet of the Northwesterly 60 feet of Lot No. 4; and the Southeasterly 55 feet of the Northwesterly 65 feet of Lots Nos . 8 and 9, all in Block No. 60 in the Cooley Addition to Waterloo, Iowa. Grantor is Iowa political subdivision. Exempt from real estate transfer tax and declaration of value. Subject to easements, conditions, and restrictions of record, general utility and right-of-way easements serving the real estate, and restrictions imposed by applicable law or ordinance. Section 2 . That the City Clerk is hereby directed to publish notice of the time and place of said hearing in the Waterloo Courier. PASSED AND ADOPTED this 14th day of March, 2016. Quentin Hart, Mayor ATTEST: Kelley Felchle Deputy City Clerk