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HomeMy WebLinkAbout2006-447-05/22/2006 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2006-447 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACT TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEED. WHEREAS, the City of Waterloo, Iowa, has had the parcel described herein appraised and the fair market value ascertained, and WHEREAS, the acquisition of the hereinafter described parcel is in conjunction with widening and construction of turn lanes at the intersection of East Orange Road and Highway 21 . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcel hereinafter described to sell the same to the City of Waterloo, Iowa, all of which are situated in the City of Waterloo, Black Hawk County, Iowa, are accepted and approved and the Mayor and City Clerk are authorized and directed to execute the same in behalf of the City and to execute all instruments necessary to consummate the agreement to purchase the property from the owners thereof, and the deed for the conveyance of the same are also accepted and approved and the City of Waterloo is directed to pay for the property and the incidental expenses necessary to the consummation of the sale from City funds . The subject parcel is : Roger and Janice Kalsem Parcel No. 8813-22-201-003 Fee Simple Acquisition - $14, 627 . 00 Incidental Closing Costs - $1, 000 . 00 A parcel of land located in Tract "A", Hawkeye Heights Subdivision, in the City of Waterloo, Black Hawk County, Iowa, more particularly described as follows : Commencing at the North corner of Section 22, Township 88 North, Range 13 West of the Fifth Principal Meridian; thence North 88 ° (Degrees) 53' (Minutes) 10" (Seconds) East (assumed bearing for the purpose of this description) on the North line of the Northeast of said Section 22 a distance of 160. 90 feet; thence South 00°30' 54" East, 40 . 00 feet to the intersection of the present South right-of-way line of East Orange Road and the present East right-of-way line of Iowa Highway 21 (Hawkeye Road) , the point of beginning of the parcel herein described; thence North 88°53' 10" East on the present South right-of-way line of East Orange Road, 1, 589. 18 feet to the West line of Lot 1, Hawkeye Heights Subdivision; thence South 80°28' 30" West, 239. 92 feet; thence South 88°53' 13" West, 255 . 00 feet; thence North 89°23' 41" West, 500 . 22 feet; thence North 84 °24' 12" West, 85 . 59 feet; thence South 88 °53' 13" West, 215 . 00 feet; thence South 86°01' 28" West, 200 . 25 feet; thence South 88 °53' 13" West, 97 . 05 feet to the present East right-of-way line of Iowa Highway 21 (Hawkeye Road) ; thence North 00°30' 54" West on the present East right-of-way line of Iowa Highway 21 (Hawkeye Road) , 20 . 08 feet to the point of beginning, all in the City of Waterloo, Black Hawk County, Iowa. By survey containing 35, 318 square feet, or 0 . 81 acre. Lf. golution No. 2006-447 7-2 2 on PASSED AND ADOPTED this 22nd day of May, 2006. n -TiH -Ti rri 14,3a Tim Hurle , • 'ATTEST: 7,1 Ecke_ , CMC " çity Clerk 1 < E.- N 7.5 13 37'. ,=$ C •