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HomeMy WebLinkAbout2004-358-06.07.2004 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2004-358 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF DISPOSAL PARCELS ACQUIRED AS PART OF THE MARTIN LUTHER KING JR. DRIVE PROJECT FOR $3 , 250 . 00 PER ACRE FROM WILLARD FROST, PLUS COSTS, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND DELIVER A 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 parcel of real property in the sum of $3 , 250 . 00 per acre, plus costs, has been made by Willard Frost, and WHEREAS, a public hearing was held on June 7, 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 Willard Frost, 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 May 24 , 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 Willard Frost to purchase real property for the sum of $3 , 250 . 00 per acre, and costs be, and it is hereby accepted for real property described below: A parcel of land located in the Southeast 1/ of the Northeast % and the Northeast 1/ of the Southeast 1/ of Section 20, Township 89 North, Range 12 West of the Fifth Principal Meridian, in the City of Waterloo, Black Hawk County, Iowa, more particularly described as follows : Commencing at the Northeast corner of said Section 20; thence South 89°34 ' 19" West on the North line of the Northeast 1/ of said Section 20 a distance of 330 . 00 feet; thence South 01°00' 40" East parallel with the East line of the Northeast 1/ of said Section 20 a distance of 2 , 314 . 70 feet to the present Southerly right-of-way line of Martin Luther King Jr. Drive, the point of beginning of the parcel herein described; thence continuing South 01°00' 40" East a distance of 64 . 34 feet to the present. North line of the Union Pacific Railroad; thence South 69°34' .17" West on the present North line of the Union Pacific Railroad a distance of 1, 045 . 80 feet to the West line of the Northeast VI of the Southeast 1/4 of said Section 20; thence North 01°07' 06" West. on the West line of the Northeast % of the Southeast % of said Section 20 a distance of 85 . 59 feet to the Southwest corner of the crQ Rion No. 2004-358 ti o Q, n . � y � tr, r7c C7 O C, 1-1 a; c; 4oll heast % of the Northeast % of said Section 20; F 4.h' 'ce North 01°03 ' 41" West on the West line of the 0 oc�v 1 outheast 4 of the Northeast VI of said Section 20 a �; tcl ance of 428 . 64 feet to the present Southerly right- 1 '- ,aay line of Martin Luther King Jr. Drive; thence o• H c,-Nor h 84°51' 27" East on the present Southerly right-of- HEw4ynline of Martin Luther King Jr. Drive a distance of 02 feet; thence Southeasterly on the present E i t� t � t7GS4utherly right-of-way line of Martin Luther King Jr. < trbrive being a 1, 183 . 24-foot radius curve concave `" `U ;u: hwesterly and having a 609 .49-foot long chord co '- t bearing South 80°13 ' 03" East a distance of 616 .44 feet tF; ::dam,`� length) ; thence South 65°17' 2 8" East on the E-ic:070ent Southerly right-of-way line of Martin Luther tiocKin.9 Jr. Drive a distance of 32 . 28 feet to the point of n eganning; containing 7 . 70 acres . O F; tr H r7Ci] <,' > ricilkasis of bearings : The North line of the Northeast VI r-7 Q ? ,-said Section 20 is assumed to bear South 89°34' 19" a gWes.t for the purpose of this description, all in the n nt±t of Waterloo, Black Hawk County, Iowa. tr' p 0 ._� ?3 That the City of Waterloo, Iowa, convey said parcel of real property to Willard Frost by Deed. E." 4 . =- That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Willard Frost . 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 Willard Frost upon receipt of the sum of $3 , 250 . 00 per acre, and costs . PASSED AND ADOPTED this 7th day of June, 2004 . Tim Hurley, Ma or ATTEST: - Nanc -Ecker , CMC City Clerk