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HomeMy WebLinkAbout2021-245-04.19.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-245 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY OWNED PROPERTY, FORMERLY A PLATTED ALLEY LOCATED SOUTH OF 118 CLARK STREET, TO CJ INVESTMENT PROPERTIES, LLC, IN THE AMOUNT OF $1,019.54, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of a formerly a platted alley located south of 118 Clark Street, in the City of Waterloo, Iowa, and legally described as follows: THAT PART OF THE FIFTEEN FOOT (15') EAST -WEST ALLEY AS PLATTED IN CAMPBELL'S ADDITION LYING WESTERLY OF A SOUTHERLY EXTENSION OF THE EAST LINE OF LOT 23 OF SAID ADDITION, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, an offer to purchase said parcel of real property, in the amount of $1,019.54 has been made by CJ Investment Properties, LLC, and WHEREAS, a public hearing was held on April 19, 2021 at 5:30 p.m. in the Harold E. Getty Council Chambers, 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 CJ Investment Properties, LLC, and WHEREAS, it is the opinion of this Council that the 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 formerly a platted alley located south of 118 Clark Street, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on April 9, 2021, is not presently needed, and will not be needed in the foreseeable future for municipal purposes, and its ownership is serving no municipal purpose. 2. That the offer of CJ Investment Properties, LLC, to purchase the property south of 118 Clark Street, in the City of Waterloo, Iowa, is hereby accepted for said property. 3. That the City of Waterloo, Iowa conveys said parcel of real property to CJ Investment Properties, LLC, by warranty deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said warranty deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the Community Planning and Development Director is authorized and directed to deliver said deed of conveyance to CJ Investment Properties, LLC, upon execution of said document. PASSED AND ADOPTED this 19th day of April 2021. Resolution 2021-245 Page 2 ATTEST: LeAnn M. Even, CMC, IaCMC Deputy City Clerk CERTIFICATE Qv,,,-1 iil H r - Quentin Hart, Mayor I, LeAnn M. Even, Deputy City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2021-245 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19th day of April 2021. SEAL Witness my hand and seal of office this 19th day of April 2021. LeAnn M. Even, CMC, IaCMC Deputy City Clerk