Loading...
HomeMy WebLinkAbout2005-514-06.13.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2005-514 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACT TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEED. WHEREAS, the City of Waterloo, Iowa, has had the parcel described herein appraised and the fair market value ascertained, and WHEREAS, the acquisition of the hereinafter described parcel is in conjunction with construction of the Ansborough Avenue/Highway 20 Interchange Project . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcel 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 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 property from the owners thereof, and the deed for the conveyance of the same are also accepted and approved and the City of Waterloo is directed to pay for the property and the incidental expenses necessary to the consummation of the sale from City funds . The subject parcel is : Jack and Marilyn Briner Parcel No. 8813-08-226-002 Partial Acquisition Fee Simple Acquisition A PARCEL OF LAND LOCATED IN THE NORTHEAST 1% OF THE NORTHEAST 14 OF SECTION 8, TOWNSHIP 88 NORTH, RANGE 13 WEST OF THE FIFTH PRINCIPAL MERIDIAN, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA, MORE PARTICULARLY DESCRIBED AS FOLLOWS : COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 8 ; THENCE SOUTH OO"" (DEGREES) 19' (MINUTES) 55" (SECONDS) EAST (ASSUMED BEARING FOR THE PURPOSE OF THIS DESCRIPTION) ON THE EAST LINE OF THE NORTHEAST 1/ OF SAID SECTION 8 A DISTANCE OF 496 . 26 FEET (496 . 60 FEET RECORD) ; THENCE SOUTH 89A40' 05" WEST A DISTANCE OF 33 . 00 FEET TO THE POINT OF BEGINNING OF THE PARCEL HEREIN DESCRIBED; THENCE CONTINUING SOUTH 89'40' 05" WEST A DISTANCE OF 16 . 00 FEET; THENCE NORTH 00'19' 55" WEST A DISTANCE OF 14 .48 FEET; THENCE NORTHWESTERLY ON A 7, 951 . 00-FOOT RADIUS CURVE CONCAVE WESTERLY AND HAVING A 116 .27-FOOT LONG CHORD BEARING NORTH 00'45' 03" WEST A DISTANCE OF 116 . 28 FEET (ARC LENGTH) ; THENCE NORTH 89A05' 30" EAST A DISTANCE OF 16 . 85 FEET TO THE PRESENT WEST RIGHT-OF-WAY LINE OF ANSBOROUGH AVENUE; THENCE SOUTH 00A19' 55" EAST ON THE PRESENT WEST RIGHT- OF-WAY LINE OF ANSBOROUGH AVENUE A DISTANCE OF 130 . 92 FEET TO THE POINT OF BEGINNING. BY SURVEY CONTAINING 2 , 127 SQUARE FEET, OR 0 . 05 ACRE, ALL IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA, -Resolution No. 2005-514 -Page 2 fl ts; subject to the following temporary easement : Cm Temporary Easement over Partial s `~ A PARCEL OF LAND LOCATED IN THE NORTHEAST v � 0 % OF THE j NORTHEAST 1% OF SECTION 8 , TOWNSHIP 88 NORTH, RANGE 13 trig WEST OF THE FIFTH PRINCIPAL MERIDIAN, IN THE CITY OF C" WATERLOO, BLACK HAWK COUNTY, IOWA, MORE PARTICULARLY 7 0n, DESCRIBED AS FOLLOWS : s y , s s COMMENCING AT THE NORTHEAST CORNER OF SAID SECTION 8; THENCE SOUTH 00" (DEGREES) 19' (MINUTES) 55" (SECONDS) N 71 C EAST (ASSUMED BEARING FOR THE PURPOSE OF THIS o t7" Q DESCRIPTION) ON THE EAST LINE OF THE NORTHEAST 14 OF ^' SAID SECTION 8 A DISTANCE OF 496 .26 FEET (496 . 60 FEET ry RECORD); THENCE SOUTH 89"40' 05" WEST A DISTANCE OF C �0 49 . 00 FEET TO THE POINT OF BEGINNING OF THE PARCEL fl -- HEREIN DESCRIBED; THENCE CONTINUING SOUTH 89"40' 05" :77) (1. WEST A DISTANCE OF 11 . 00 FEET; THENCE NORTH 00"32 ' 42" ti WEST A DISTANCE OF 85 . 59 FEET; THENCE SOUTH 89"28' 52" - WEST A DISTANCE OF 10 . 00 FEET; THENCE NORTH 01"00' 29" WEST A DISTANCE OF 44 . 98 FEET; THENCE NORTH 89"05' 30" EAST A DISTANCE OF 21 . 00 FEET; THENCE SOUTHEASTERLY ON A 7, 951 . 00-FOOT RADIUS CURVE CONCAVE WESTERLY AND HAVING A 116 .27-FOOT LONG CHORD BEARING SOUTH 00"45' 03" EAST A DISTANCE OF 116 .28 FEET (ARC LENGTH) ; THENCE - ' SOUTH 00"19' 55" EAST A DISTANCE OF 14 .48 FEET TO THE POINT OF BEGINNING. BY SURVEY CONTAINING 1, 894 SQUARE FEET, OR 0 . 04 ACRE, ALL IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. Jack and Marilyn Briner Parcel No. 8813-08-226-002 Total Acquisition - $280, 000 . 00 Closing Costs and Legal Fees - Not to exceed $5, 000 . 00 UNPLATTED WATERLOO WEST BEGINNING AT POINT 496 . 6 FEET SOUTH OF NORTHEAST CORNER OF NORTH NORTH NORTHEAST THENCE WEST 235 FEET THENCE NORTH AT RIGHT ANGLE 131 . 6 FEET THENCE EAST AT RIGHT ANGLE 235 FEET THENCE SOUTH AT RIGHT ANGLES 131 . 6 FEET TO PLACE OF BEGINNING EXCEPT HIGHWAY SECTION 8 TOWNSHIP 88 RANGE 13, ALL IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. PASSED AND ADOPTED this 13th day of June, 2005 . Tim Hurley, M, or ATTEST: Nanc Eckp t, CMC City Cler