HomeMy WebLinkAbout2005-299-04.11.2005 s
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This Resolution prepared by Nancy- Eckert, City Jerk, 715 Mulberry
Street, Waterloo, Iowa.
71 RESOLUTION NO. 2005-299
RESOLUTION ACCEPTING AND APPROVING CERTAIN
ACQUISITION CONTRACTS TO SELL REAL PROPERTY
TO THE CITY AND ACCEPTING AND APPROVING
CERTAIN DEEDS .
WHEREAS, the City of Waterloo, Iowa, has had all the parcels
described herein appraised and the fair market value ascertained,
and
WHEREAS, the acquisition of the hereinafter described parcels
is necessary to carry out the Eastside Riverfront Housing
Development Project .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the contract for the parcels
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 Pro Tem
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 properties from the
owners thereof, and the deeds for the conveyance of the same are
also accepted and approved and the City of Waterloo is directed to
pay for the properties and the incidental expenses necessary to
the consummation of the sales from City funds .
The subject parcels are :
Parcel No. 8913-25-106-003
Thomas L. Mount, Owner
107 East 7th Street
Partial Acquisition-$30, 000 . 00
Moving Costs-$10, 000 . 00
Closing Costs-$5, 000 . 00
Original Plat Waterloo East part of Lots 5 & 8 Block 1
all that part of Lots 5 & 8 lying Southeasterly of most
Southeasterly track, all in th City of Waterloo, Black
Hawk County, Iowa.
PASSED AND ADOPTED this llth day of April, 2005 .
Ror We er, Mayor ro/Tem
ATTEST:
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Nancy Ecke CMC
City Clerk