HomeMy WebLinkAbout2005-1098-12.12.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2005-1098
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY GENERALLY BOUNDED BY
SYCAMORE STREET, EAST 8TH STREET, THE FLOOD
DIKE ALONG THE CEDAR RIVER AND THE UNION
PACIFIC RAILROAD FOR - $1. 00, AND OTHER
VALUABLE CONSIDERATION, PLUS'---COSTS, 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, and other valuable consideration,
plus costs, has been made by Cedar Valley Restoration and
Development, and
WHEREAS, a public hearing was held on December 12, 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 and 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
November 29, 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 and
Development to purchase real property for the sum of $1. 00, and
other valuable consideration, plus costs, be and it is hereby
accepted for real property described below:
All of Block 22 of the Original Plat of Waterloo East,
as platted; and also all that part of Block 1 of the
Original Plat of Waterloo East that lies Southeasterly
of railroad; and that part of East 7th Street that lies
between Block 1 and Block 22 of the Original Plat of
Waterloo East; 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 and Development by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Cedar Valley Restoration and
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
deliver said deed of conveyance tc Cedar Valley Restoration and
Developmen- upon receipt of the s° _m of $1 . 00, and other valuable
considera . _ ,n, plus costs ,
---Re-861-ation 2005-1098
7-3 '7' 7 PABSED AND ADOPTED this 12th day of December, 2005 .
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