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HomeMy WebLinkAbout2021-325-05.17.2021Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2021-325 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY OWNED PROPERTY SOUTH OF 202 FAIRFIELD STREET FOR $1.00 TO GARY D. STEPHENS AND AARON G. STEPHENS AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE NECESSARY DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of real property located south of 202 Fairfield Street, in the City of Waterloo, Iowa, and legally described as follows: THE NORTHERLY 330 FEET OF THE WEST HALF OF THE WEST HALF OF LOT "F" IN "CEDAR DALE", IN BLACK HAWK COUNTY, IOWA (NOW IN THE CITY OF WATERLOO, IOWA). AND CEDAR DALE PART LOT G BEG AT NE COR LOT G TH S ALONG E LINE 330 FT TH NWLY TO PT 178 FT W OF E LINE AND 310 FT S OF N LINE TH N ALONG A LINE PAR WITH E LINE 310 FT TO N LINE TH E TO BEG. and, WHEREAS, an offer to purchase said parcel of real property, in the amount of $1.00 has been made by Gary D. Stephens and Aaron G. Stephens, and WHEREAS, a public hearing was held on May 17, 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 Gary D. Stephens and Aaron G. Stephens, 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 real property located south of 202 Fairfield Street, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier May 7, 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 Gary D. Stephens and Aaron G. Stephens, to purchase the property located south of 202 Fairfield Street, in the City of Waterloo, Iowa, for the sum of $1.00, is hereby accepted for the real property legally described above. 3. That the City of Waterloo, Iowa conveys said parcel of real property to Gary D. Stephens and Aaron G. Stephens, by quit claim deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said quit claim deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. Resolution 2021-325 Page 2 6. That the Community Planning and Development Director is authorized and directed to deliver said deed of conveyance to Gary D. Stephens and Aaron G. Stephens, upon receipt of the sum of $1.00. PASSED AND ADOPTED this 17th day of May 2021. ATTEST: Ke/1ee le/Me Kelley Felchle, City Clerk CERTIFICATE Qve1_ irlc.r- Quentin Hart, Mayor I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2021-325 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 17th day of May 2021. SEAL Oki Witness my hand and seal of office this 17th day of May 2021. 11* Kel�e� 1--e/chie Kelley Felchle, City Clerk