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HomeMy WebLinkAbout2005-210-03.14.2005 < c t' sU, i' C H Q "1 Z7 ' 11 E. s :v H CD Q ti1 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. - tcsHc. RESOLUTION NO. 2005-210 c n � 7- CDT RESOLUTION APPROVING RELEASE OF REAL ESTATE c C MORTGAGE FOR GEORGE AND DONNA SCHAEFER, 12037 tC r-- nr < KIMBALL AVENUE, FOR PAYMENT OF PROMISSORY :v `U - >" NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH RURAL WATER MAIN PROJECT AND DIRECTING H r Q s • EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. s -WHEREAS, George and Donna Schaefer, 12037 Kimball Avenue, ,AilveJpaid the Waterloo Water Works the remaining balance of the A:Pr&illissory Note and Mortgage in conjunction with the Kimball Rural Water Main Project for the following described rgperty: N _ - The South 121 . 7 feet of the North 419. 9 feet of the West 200 feet of the Northwest Quarter (NW ',1) of the : Northwest Quarter (NW 1,1) of Section No. Twenty-two --- c) (22) , Township No. 87 North, Range No. 13, West of the in Black Hawk County, Iowa, excepting all legal n highways, all in the City of Waterloo, Black Hawk County,�,-' i Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated March 14, 2005, for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between George and Donna Schaefer, 12037 Kimball Avenue, and the City of Waterloo, Iowa, be and the same is hereby approved and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa . PASSED AND ADOPTED this 14th day of March, 2005 . Tim Hurley, ayor ATTEST: ras)---4/' Nancy ,Ecker CMC City Clerk