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HomeMy WebLinkAbout2014-919-10/20/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2014-919 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED AT 506 REED STREET, FOR $10, 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 Kim and Otto Maclin in the sum of $10, 100 . 00, plus costs, and WHEREAS, a public hearing was held on October 20, 2014, at 5 : 30 p.m. in the 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 Kim and Otto Maclin, 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 October 9, 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 Kim and Otto Maclin to purchase real property for the sum of $10, 100 . 00, and costs, be and it is hereby accepted for real property described below: Litchfield Addition Lot 2, Block 5 in the City of Waterloo, Black Hawk County, Iowa. 3 . That the City of Waterloo, Iowa convey said parcel of real property to Kim and Otto Maclin by deed. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Kim and Otto Maclin. 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 Kim and Otto Maclin upon receipt in the sum of $10, 100 . 00, and costs . PASSED AND ADOPTED this 20th day of October, 2014 . rnest G. Clark, Mayor ATTEST : SuzySL: ::;1.1 Sc ares CMC City Cl rk