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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 . ::--: :1-: :1 • ,.-_) t= t--: 717i --4 ::!•-- 77 —4 L771.. /4.--241,4e-- /0:„.4.4....4%. , Tim Hurley, Mayo '.-.. :777' :7:-, L-7:, H -7i • ...' .-r. ••"' ,-, ... /7" Nancy-:Ecke Th ,4 MC L'' tity'' Cre —, '--• ::: ---! 71 C. A3 ''.7- ‹Z — .--, -, — .--'0 c:, v:--• n71 711 ... -, ---' -- ›-• 7J A; 7.1