HomeMy WebLinkAbout2004-574-08.23.2004 NC) �+ tj
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H Th ; esolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
St*.*,,eWaterloo, Iowa.
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CD s n RESOLUTION NO. 2004-574
c <0 RESOLUTION APPROVING RELEASE OF REAL ESTATE
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O MORTGAGE WITH MICHAEL C. HOLLEN, IN
N o CONJUNCTION WITH COMPLETION OF PAYMENT OF
ru s t=' LOAN #RFC-11 FOR THE GALLERY AND DIRECTING
o Ems-+ tr EXECUTION OF SAID RELEASE OF REAL ESTATE
tr' H r-7 r MORTGAGE BY MAYOR.
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gEf-gREAS, Michael C. Hollen has paid the City of Waterloo the
re'fti_441iig balance of Loan #RFC-11 for the following described
petrt/:
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H 0 Or,i,ginal Plat Waterloo East Northeast 44 feet Northwest
h ytbtu feet Lot 3 Block 28 and easement over Northwest 10
O € t Southeast 50 feet Northeast 100 feet of Lots 2 and
o H cBlock 28, all in the City of Waterloo, Black Hawk
H o aunty, Iowa .
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wi- „DL , THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERS O, IOWA, that the Release of Real Estate Mortgage dated
August 43 , 2004 , with Michael C. Hollen for full payment of Loan
#1C-1 for The Gallery, be and the same is hereby approved and
the Ma pr authorized to execute the same in behalf of the City of
Waterloo, Iowa .
PASSED AND ADOPTED this 23rd day of August, 2004 .
Tim Hurley, M or
ATTEST:
Nancy Eckert', CMC
City Clerk