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HomeMy WebLinkAbout2004-422-07.06.2004 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2004-422 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY GENERALLY LOCATED WEST OF JOHNATHAN STREET BETWEEN WEST SAN MARNAN DRIVE AND TOWER PARK DRIVE CONTAINING APPROXIMATELY 4, 108 . 8 SQ. FT. FOR $1 . 00, 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, plus costs, has been made by Lockard Development, and WHEREAS, a public hearing was held on July 6, 2004, 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 Lockard 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 June 25, 2004, 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 Lockard Development to purchase real property for the sum of $1 . 00, and costs, be and it is hereby accepted for real property described below: A part of the Northeast 1/ of Section 9-88-13 , Waterloo, Black Hawk County, Iowa, described as follows : Commencing at the Northeast corner of the Northwest IA of the Northeast 1/ of said Section 9; thence South 00°26' 14" East along the East line of the Northwest 14 of the Northeast 4 of said Section 9 a distance of 63 . 43 feet to the Southerly right-of-way line of West San Marnan Drive; thence North 89°03 ' 48" West along said right-of-way line a distance of 40 . 01 feet to the Westerly right-of-way line of Johnathan Street ; thence South 00°26' 14" East along said Westerly right-of-way line a distance of 10 . 27 feet; thence Southeasterly along said Westerly right-of-way line on a curve concave Northeasterly having a radius of 230 . 00 feet and a long chord bearing South 21°10 ' 56" East a distance of 166 . 56 feet to the point of beginning; thence Southeasterly along said right-of-way line along a curve concave Northeasterly, having a radius of 230 . 00 feet and a long chord bearing South 43°41' 08" East a distance of 14 . 06 feet; thence South 45°26' 14" East along said right-of-way line a distance of 75 . 04 feet ; thence Westerly along a curve concave Southerly, having a radius of 15 . 00 feet and a long chord bearing n 0.3 tR. sdiution 2004-422 ' 3 � 7C EH CV, 'J P1 O Q; � H ro s s �s G c o t7 ~ c� r 89°33 ' 46" West a distance of 23 . 56 feet; thence "' H �t`'"�J`f"'�-} 44°33 ' 46" West a distance of 29 . 56 feet; thence ' � o O dt7Soutrliwesterly along a curve concave Northwesterly <AWng a radius of 210 . 00 feet and a long chord bearing o Hti So 51°14 ' 14" West a distance of 48 . 93 feet to the • scv Pa line of the Northwest 1/ of the Northeast 4 of said o EH EH v, O eRt Ion 9; thence North 00°26' 14" West along said East O O of Northwest of the Northeast t-7�� the1 1/ a distance t7 t cEE 76 . 85 feet ; thence North 44°33 ' 46" East a distance cv otT+ F 24 . 16 feet ; thence Northeasterly along a curve cA "' -,11Vbcave Northwesterly having a radius of 15 . 00 feet and t< a• long chord bearing North 01°19' 04" East a distance of 64 feet to the point of beginning. dsH � East line of the Northwest 1/ of the Northeast 1% of sncvt� d Section 9 is assumed to bear South 00°26' 14" East, oal = in the City of Waterloo, Black Hawk County, Iowa. tri ry s n t1 c H4 r That the City of Waterloo, Iowa, convey said parcels of titgkigtwerty to Lockard Development by Deed. t27 H H F+ 4.0rj That the Mayor and City Clerk are hereby authorized er•xetute- and deliver deed to Lockard Development . t ' That the original of said deed fully executed and CD ' ' ackne� ledged is hereby approved and confirmed by the Council . 6 . That the City Clerk is authorized and directed to deliver said deed of conveyance to Lockard Development upon receipt of the sum of $1 . 00, and costs . PASSED AND ADOPTED this 6th day of July, 2004 . Tim Hurley, M or ATTEST: c4v2A-- Na ncy Ecker , CMC City Clerk