HomeMy WebLinkAbout2005-531-06.20.2005 \i
This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
-7 = Street, Waterloo, Iowa.
RESOLUTION NO. 2005-531
t7
RESOLUTION ACCEPTING AND APPROVING CERTAIN
ACQUISITION CONTRACT TO SELL REAL PROPERTY TO
s `_ THE CITY AND ACCEPTING AND APPROVING CERTAIN
x
• DEED.
WHEREAS, the City of Waterloo, Iowa, has had the parcel
described herein appraised and the fair market value ascertained,n and
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WHEREAS, the acquisition of the hereinafter described parcel
is in conjunction with the development of the South Waterloo
- Business Park.
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
17 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
5 hereof, 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 :
Merle and Mary Martin
Parcel No. 8813-08-226-003
Total Acquisition - $342, 000 . 00
Incidental Costs - Not to exceed $5, 000 . 00
UNPLATTED WATERLOO WEST BEGINNING AT A POINT 496 . 6 FEET
SOUTH OF NORTHEAST CORNER ON NORTH NORTH NORTHEAST
1/1 THENCE WEST 238 FEET THENCE SOUTH AT RIGHT ANGLES 158
FEET THENCE EAST AT RIGHT ANGLES 238 FEET THENCE NORTH
AT RIGHT ANGLES 158 FEET TO POINT OF BEGINNING SECTION
8 TOWNSHIP 88 RANGE 13 , ALL IN THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA.
PASSED AND ADOPTED this 20th day of June, 2005 .
Tim Hurley, ayor
ATTEST:
Nancy Ecke ,�CMC
City Clerk\J