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HomeMy WebLinkAbout2005-1123-12.19.2005 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2005-1123 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PARCEL GENERALLY LOCATED WITHIN THE BLOCK BOUNDED BY LAFAYETTE STREET, SYCAMORE STREET, EAST 7TH STREET AND EAST 8TH STREET 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 December 19, 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 December 9, 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 100 feet of the Southwest 34 feet Lot 3 Block 17, City of Waterloo, Black Hawk County, State of Iowa . 3. That the City of Waterloo, Iowa, convey said parcels of real property to Cedar Valley Restoration & Development by Deed. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Cedar Valley Restoration & 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 to Cedar Valley Restoration & Development upon receipt of the sum of $1 . 00 . -- bitirtion 2005-1123 -- 77 17 77 CD H 71' CD ,17 I 7 PASSED AND ADOPTED this 19-th day of December, 2005 . CD 71 7- - _ ni A2 Tim Hurley, Ma r ›- F7 CD 7-AT : 7: NaQc - Eckert MC City_Clerk :72 "Th 71 77 • :• 7-7 71 :77" H CC CD (1 > 71 71 CD H. C1 <, 71 :177 71 71 n1 '17 71 CD C 11 C 7-! F- 71 , . 771 77!