HomeMy WebLinkAbout2005-1109-12.12.2005 .J
This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
-Street, Waterloo, Iowa.
RESOLUTION NO. 2005-1109
RESOLUTION ACCEPTING AND APPROVING CERTAIN
ACQUISITION CONTRACTS TO SELL REAL PROPERTY
TO THE CITY AND ACCEPTING AND APPROVING
CERTAIN DEEDS.
WHEREAS, the City of Waterloo, Iowa, has had all the parcels
- described herein appraised and the fair market value ascertained,
Viand
- WHEREAS, the acquisition of the hereinafter described parcels
'is necessary to carry out the Eastside Riverfront Housing Project .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the contract for the parcels
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 properties from the
owners thereof, and the deeds for the conveyance of the same are
also accepted and approved and the City of Waterloo is directed to
pay for the properties and the incidental expenses necessary to
;the consummation of the sales from City funds .
•
The subject parcels are:
Edward and Wanda Hedges, Owners
Parcel Nos . : 8913-25-137-001, 8913-25-137-002, 8913-25-
137-003, 8913-25-137-015, 8913-25-137-016, 8913-25-137-
017, 8913-25-137-018
Partial Acquisition: $118, 800 . 00
Replacement Housing Assistance : $22, 500 . 00
Incidental Expenses : $30, 000 . 00
Original Plat Waterloo East Lot 2, 3, 6, and Lot 7
Block 18, all in the City of Waterloo, Black Hawk
County, Iowa.
PASSED AND ADOPTED this 12th day of December, 2005.
Tim Hurley, yor
ATTEST:
Nancy Ecke CMC
City Clerk