HomeMy WebLinkAbout2005-632-07.18.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2005-632
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY GENERALLY LOCATED AT
THE NORTHEAST CORNER OF EAST 7TH AND SYCAMORE
STREETS FOR $1 . 00 , AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE AND DELIVER DEED
FOR SAME.
WHEREAS, the City of Waterloo, Iowa, is the owner of real
property in the City of Waterloo, Iowa, as described below, and
WHEREAS, an offer to purchase said certain parcels of real
property in the sum of $1 . 00 has been made by Cedar Valley
Restoration & Development, and
WHEREAS, a public hearing was held on July 18 , 2005, at 5 : 30
p.m. in the Council Chambers in City Hall, Waterloo, Iowa, as
provided by law, by the Council of the City of Waterloo, Iowa, on
the proposal to sell and convey premises owned by the City of
Waterloo, Iowa, to Cedar Valley Restoration & Development, and
WHEREAS, it is the opinion of this Council that sale and
conveyance should be made as proposed.
NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COUNCIL OF THE
CITY OF WATERLOO, IOWA, AS FOLLOWS :
1 . The following described real property, as fully
described in the published notice in the Waterloo Courier on July
12 , 2005, is not presently needed and will not be needed in the
foreseeable future for municipal purposes and its ownership is
serving no municipal purpose, and
2 . That the offer of Cedar Valley Restoration &
Development to purchase real property for the sum of $1 . 00, be
and it is hereby accepted for real property described below:
Original Plat Waterloo East Northwest 60 feet Lot 1
Block 17 Northwest 60 feet Northeast 15 feet Lot 4
Block 17 ;
And also,
Original Plat Waterloo East Southeast 50 feet Lot 2
Block 17 Southeast 50 feet Lot 3 Block 17 ;
And also,
Original Plat Waterloo East Southeast 45 1/3 feet
Northwest 100 feet Lot 2 Block 17 Southeast 45 1/3 feet
Northwest 100 feet Northeast 26 feet Lot 3 Block 17 ;
And also,
Original Plat Waterloo East Northwest 54 2/3 feet Lot 2
Block 17 Northwest 54 2/3 feet Northeast 26 feet Lot 3 Block
17 , all in the City of Waterloo, Black Hawk County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to Cedar Valley Restoration & Development by Deed.
Rebolution 2005-632
e 2
.
v
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- 4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Cedar Valley Restoration &
ti Development .
5 . That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council .
--: 6 . That the City Clerk is authorized and directed to
v ael?rer said deed of conveyance to Cedar Valley Restoration &
— Peelopment upon receipt of the sum of $1 . 00 .
¢ < PASSED AND ADOPTED this 18th day of July, 2005 .
L7 �_
.77 — Tim Hurley, yor
ATTEST:
77,
OA-Pt.-4
Nancy Ecke , CMC
City Cler