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HomeMy WebLinkAbout2006-150-02/27/2006 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2006-150 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY GENERALLY LOCATED AT 1656 SYCAMORE STREET, JUST NORTHERLY OF THE NEW 18TH STREET BRIDGE FOR $1 . 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 parcels of real property in the sum of $1 . 00, plus costs, has been made by Crystal Distribution Services, Inc. , and WHEREAS, a public hearing was held on February 27, 2006, 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 Crystal Distribution Services, Inc. , 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 February 14, 2006, 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 Crystal Distribution Services, Inc. to purchase real property for the sum of $1 . 00, and costs, be and it is hereby accepted for real property described below: Parcel 8913-25-433-001 Auditor' s Morningside Plat, part of Lots 1, 2, 3, 4, 5, 6, 7, 8 and 9 Block 5 and part of Block 9 in Riverside Addition and part of vacated division, Rath and Water Streets described as follows : Commencing at a point on the East line of Lot 9 in said Auditor' s Morningside Plat which is 570. 19 feet South of the Northeast corner of Block 2 of Morningside Addition, thence North 71 Degrees 47 Minutes 00 Seconds West 35 feet to the point of beginning, thence North 18 Degrees 13 Minutes 00 Seconds East 216. 24 feet along a line which is 35 feet normally distant and Westerly of the West line of Vinton Street, thence North 59 Degrees 32 Minutes 40 Seconds West 508 . 11 feet, thence North 54 Degrees 23 Minutes 30 Seconds West 31. 10 feet, thence South 35 Degrees 37 Minutes 40 Seconds West 221. 87 feet, thence South 54 Degrees 22 Minutes 15 Seconds East 406. 20 feet, thence South 71 Degrees 47 Minutes 00 Seconds East 205 . 04 feet to the point of beginning, all in the City of Waterloo, Black Hawk County, Iowa. t- Z7 :C 1spIifftion n 2006-150 2- H -7 [- cC < TT 77 -77 Parcel 8913-25-433-002 : IT: ; :-Auditor' s Morningside Plat Parcel "E" of that part of Parcel "C" as recorded in Miscellaneous Book 330 Page A89 and all of Parcel "D" as recorded in Miscellaneous c- -,J7: Book 341 Page 149 described as follows: Commencing at point on the East line of Lot 9 in Auditor' s Morning :T. 7: -Plat which is 570 . 19 feet Southerly of the Northeast rv) -corner of Block 2 Morningside Addition, thence North 71 r" j7I Degrees 47 Minutes 0 Seconds West 35 feet to the point of beginning (point being the Easterly corner of Parcel , 1-]"C") , thence continuing North 71 Degrees 47 Minutes 0 7: ! 7 'Seconds West 205. 04 feet, thence North 54 Degrees 22 - C.: 7Vinutes 15 Seconds West 406. 20 feet to the most C? :7- -._Westerly corner of Parcel "B" as recorded in .-Miscellaneous Book 229 Page 597, thence South 53 Degrees 0 Minutes 30 Seconds East 453. 91 feet, thence -=cIIBouth 73 Degrees 22 Minutes 25 Seconds East 162 . 93 [7 :-.feet, thence North 18 Degrees 13 Minutes 0 Seconds East feet to the point of beginning, all in the City of - 7:Waterloo, Black Hawk County, Iowa. That the City of Waterloo, Iowa, convey said parcels of 7r:eal_property to Crystal Distribution Services, Inc. by Deed. 71 • t: -54 . That the Mayor and City Clerk are hereby authorized to • ----, -execute and deliver deed to Crystal Distribution Services, Inc. - - 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 Crystal Distribution Services, Inc. upon receipt of the sum of $1 . 00, and costs . PASSED AND ADOPTED this 27th day of February, 2006. Tim Hurley, or ATTEST: 171a-j- Nancy ckert CMC City Clerk