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HomeMy WebLinkAbout2014-1043-12/15/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 . RESOLUTION NO. 2014-1043 RESOLUTION APPROVING PURCHASE AND SALE AGREEMENT WITH FLOWERS BAKING CO. OF WATERLOO, LLC AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Purchase and Sale Agreement dated December 15, 2014, for the acquisition of 325 Commercial Street, in the amount of $400, 000 . 00, with up to $15, 000 . 00 in city environmental and closing costs, and legally described as follows : Real property in the City of Waterloo, County of Black Hawk, State of Iowa, described as follows : Lots Nos . 6, 7, 8, 9 and 10 in Block No. 2 in the Original Plat, on the West side of Cedar River, in the City of Waterloo, Black Hawk County, Iowa. APN: 8913-26-227-001 and 35-0010821 and 8913-26-227- 002; by and between Flowers Baking Co. of Waterloo, LLC and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 15th day of December, 2014 . &g44, Ernest G. Clark, ayor ATTEST: Suzy Sc ares, CMC City Cl rk