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HomeMy WebLinkAbout2004-777-11.08.2004 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2004-777 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE FOR DELBERT AND CAROLYN KAUFMAN, 9215 KIMBALL AVENUE, FOR PAYMENT OF PROMISSORY NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH RURAL WATER MAIN PROJECT AND DIRECTING EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. WHEREAS, Delbert and Carolyn Kaufman, 9215 Kimball Avenue, have paid the Waterloo Water Works the remaining balance of the Promissory Note and Mortgage in conjunction with the Kimball South Rural Water Main Project for the following described property: That part of the Northwest Quarter (NW'A) of Section No. Three (3) , Township No. Eighty-seven (87) North, Range Thirteen (13) West of the Fifth Principal Meridian in Black Hawk County, Iowa, described as follows : Commencing at a point on the North line of said Section that is Six Hundred (600 . 0) feet West of the Westerly right-of-way line of Iowa Highway No. 21 (formerly Iowa Highway No. 402) ; thence Southerly parallel with said Westerly right-of-way line a distance of One Thousand Six Hundred Thirty-three and 25/100' s (1, 633 . 25) feet; thence West parallel with the North line of said Section a distance of Nine Hundred Fifty-five and 45/100' s (955 .45) feet to the point of beginning; thence West a distance of Nine Hundred Seventy-five and 36/100' s (975 . 36) feet to a point that is One Thousand One Hundred Eighty Six and no/100' s (1, 186 . 0) feet North of the South line of said Northwest Quarter (NW1/) ; thence North 89°59' 00" West a distance of Seventeen (17 . 0) feet; thence North 0°14 ' 54" West along the East right-of-way line of Kimball Avenue a distance of Four Hundred Four and 17/100 ' s (404 . 17) feet; thence East along said right-of-way line a distance of Seventeen (17) feet; thence North 0°14 ' 54" West along said right-of-way line a distance of One Hundred Nine and 63/100' s (109 . 63) feet; thence North 89°48' 04" East a distance of Nine Hundred Eighty and 84/100' s (980 . 84) feet ; thence South 0°21' 35" West a distance of Five Hundred Seventeen and 22/100 ' s (517 . 22) feet to the point of beginning, except that part thereof conveyed to Black Hawk County, Iowa, . for road purposes, all in the City of Waterloo, Black Hawk County, Iowa. Note : The North line of the Northwest Quarter (NW1A) is assumed to bear East-West . NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated November 8, 2004 , for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between Delbert and Carolyn Kaufman, 9215 Kimball Avenue, and the City of Waterloo, Iowa, be and the same is hereby approved and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. ,�t�v7t1:7tor' r t7 Dn No. 2004-777 H H ONE-+ O N CUtr1tr' r0 b; L QPASSED AND ADOPTED this 8th day of November, 2004 . O n O > 1 E-+ t=7 H J7 t7 tri s s tr E-s N O Tim Hurley, May ''1 ''7 tr O H A7tEH sgt. 0 �' ✓H � � OOJ �a � � c - • I nc £Ok t, CMC "' Cler o t tr ca I co <4H O t- E+ ~J ti tz; v E• H..i 'Jr7t • trl t • o t ,s' tCJ H Hies n O • trl trl G" O O tr E� Q O b-' H I