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HomeMy WebLinkAbout2003-479-07.14.2003 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2003-479 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY LOCATED AT 902 LOGAN AVENUE (DUNSMORE HOUSE) BY THE WATERLOO ART ASSOCIATION TO BRUCE C. HANSON AND KALEEN J. HANSON, HUSBAND AND WIFE, AND FURTHER REVISING THE RESTRICTIVE COVENANTS THAT WERE CONTAINED IN A QUIT CLAIM DEED DATED AUGUST 14, 1995, AND RECORDED IN CLD BOOK 649, PAGE 887 . WHEREAS, the City of Waterloo has an interestin 902 Logan Avenue, locally known as the Dunsmore House, because it is of historical significance; and WHEREAS, an offer to purchase said real estate by Bruce C. Hanson and Kaleen J. Hanson, husband and wife, buyers, from the Waterloo . rt Association, seller, has been made; and WHEREAS, certain restrictive covenants are in existence prohibiting the Waterloo Art Association from selling or transferring ownership of the property without prior written City approval and other restrictive covenants exist as to how the property may be used; and WHEREAS, it is the opinion of the City Council that the sale and conveyance should be made as proposed with revised restrictive covenants. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS: 1 . That the City hereby approves the sale by the Waterloo Art Association of 902 Logan Avenue, locally known as the Dunsmore House, legally described as: Lot No. Sixty-three (63) ; The South Fifty (50) feet of the East Fifty-three (53) feet of Lot No. Sixty-two (62) ; and Lot No. Sixty-four (64) all in Auditor Rainbow's Plat of Bicksler' s Addition (vacated) and adjoining property unplatted, in the City of Waterloo, Iowa, except that part of said Lot No. Sixty-four (64) deeded to the City of Waterloo, Iowa, recorded in Deed Record 438, Page 515, in the office of the Recorder of Black Hawk County, Iowa; to Bruce C. Hanson and Kaleen J. Hanson, husband and wife. Resolution No. 2003-479 tEr'iagle trs m O ' D 17141• LZ} C tC OCoR} CU tr1 F J tx1 t=1 O ., trJ ghat the restrictive covenants contained in the Quit o >' ti rt1aim Deed dated August 14, 1995, and filed in the o , ` lack Hawk County Recorder' s Office in CLD 649, Page < 0 87, are hereby revised and they should be placed upon the Warranty Deed from the Waterloo Art Association to O m C e new buyers as follows: rx E Et CC L=4tfi D FA • Bruce C. Hanson and Kaleen J. Hanson, and their a, O Os t*1 000 ���CC: o heirs or successors, must use this as a single- s E-. < s cv E-+ >-+ family dwelling. Prior written approval from the t� o E-+ o tx �� City of Waterloo must be obtained if any other ti use will be made of the property. cat co E-+ ~` t, c) xr-tX corepairperformed w > n cv t� t� Maintenance and work are to be s tzi C) n in a timely manner. All repairs and/or co improvements to the structure are to conform to o 0 -- CVthe Secretary of Interior' s Standards for E4 Rehabilitation as well as those standards set trl ; O U tr forth by the Iowa Historical Society, because of s Q k ccl �, D VI �' the historical significance of this property. cp tx:1 tt (-) co O tr1 " E-4 al The City of Waterloo retains a right of first n aE. • refusal should the new buyers, their heirs, successors, or assigns choose to sell this property. PASSED AND ADOPTED this 14th day of July, 2003. Harold Getty, Mayor o Tern ATTEST: fa‘?„4- Nancy Eck t, City Clerk Resolution No. 2003-479 030 D r {= O Cr 00 0) Es trJ m m Ox E � U O at the restrictive covenants contained in the Quit H - bC 0, � 7aim Deed dated August 14, 1995, and filed in the Q lack Hawk County Recorder' s Office in CLD 649, Page 87, are hereby revised and they should be placed upon � s the Warranty Deed from the Waterloo Art Association to O O - h.e new buyers as follows: a • trl V. Bruce C. Hanson and Kaleen J. Hanson, and their © CD O 1 c heirs or successors, must use this as a single- (✓} ki.tCr] N family dwelling. Prior written approval from the C) © CC -0 City of Waterloo must be obtained if any other O Ca s1 � n ' CO - n ti use will be made of the property. (A cv E-s CJ Coout c . Maintenance and repair work are to be performed + G to O o in a timely manner. All repairs and/or triH ro improvements to the structure are to conform to s the Secretary of Interior' s Standards for C) g Rehabilitation as well as those standards set >�, C O C C) ep forth by the Iowa Historical Society, because of Qtzti-t �, �' the historical significance of this property. CD Ell tilt = co tri El a) The City of Waterloo retains a right of first a n a refusal should the new buyers, their heirs, successors, or assigns choose to sell this property. PASSED AND ADOPTED this 14th day of July, 2003. Harold Getty, Mayor o Tem ATTEST: faCkj Nancy Eck t, City Clerk