HomeMy WebLinkAbout2005-148-02.21.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2005-148
RESOLUTION FIXING THE TIME AND PLACE OF
HEARING AND NOTICE TO BE GIVEN ON THE
VACATION, SALE AND CONVEYANCE OF CITY RIGHT-
OF-WAY GENERALLY LOCATED ALONG SAN MARNAN
DRIVE BETWEEN THE SEARS AND PENNY' S STREETS
INTERSECTION AT THE LOCATION OF THE FORMER
COUNTRY KITCHEN, ,GREAT DRAGON AND AUTO REPAIR
BUILDING AND A --DEVELOPMENT AGREEMENT TO
CONSTRUCT A NEW COMMERCIAL BUILDING, WITH A
MINIMUM TAXABLE VALUE OF $1, 142, 610 . 00 AS
MARCH 7, 2005, AT 5 : 30 P.M. IN CITY HALL
COUNCIL CHAMBERS, WATERLOO, IOWA AND
INSTRUCTING THE CITY CLERK TO PUBLISH THE
NOTICE OF HEARING.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
AS FOLLOWS:
Section 1 . That the Council of the City of Waterloo, Iowa
shall meet at City Hall Council Chambers in the City of Waterloo,
Iowa at 5 : 30 p.m. on the 7th day of March, 2005, for the purpose
of considering and acting upon a proposal to vacate, sell and
convey city right-of-way generally located along San Marnan Drive
between the Sears and Penny' s Streets intersection at the
location of the former Country Kitchen, Great Dragon and auto
repair building and a Development Agreement to construct a new
commercial building, with a minimum taxable value of
$1, 142, 610 . 00, and legally described as follows :
A parcel of land located in the East of Section 2-88-
13, Waterloo, Black Hawk County, Iowa, described as
follows :
Commencing at the intersection of the Southeasterly
right-of-way line of East San Marnan Drive (formerly
Iowa State Highway 412) with the West line of the East
of said Section 2; thence North 48 °36' 00" East along
said Southeasterly right-of-way line a distance of
926. 04 feet to the point of beginning; thence along
said Southeasterly right-of-way line a distance of
450 . 71 feet to the Southwesterly right-of-way line of
Sears Street; thence North 41°24' 00" West a distance of
35 . 49 feet; thence South 48°36' 00" West a distance of
449. 82 feet; thence South 41°24' 00" East a distance of
50 . 00 feet to the point of beginning, subject to city' s
retention of utilities easement over, under and above
the above described property.
The Southwesterly right-of-way line of Sears Street is
assumed to bear North 41°24' 00" West, all in the City
of Waterloo, Black Hawk County, Iowa;
for $1 . 00, plus costs .
Section 2 . That the City Clerk is hereby directed to
publish notice of the time and place of said hearing in the
Waterloo Courier.
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