HomeMy WebLinkAbout2003-710-10.20.2003 • C) t: tC
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6olution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Waterloo, Iowa.
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H 0 RESOLUTION NO. 2003-710
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F-J RESOLUTION APPROVING RELEASE OF REAL ESTATE
txi o to MORTGAGE WITH WHITAKER FOODS IN CONJUNCTION
>' WITH FULL PAYMENT OF LOAN AND DIRECTING
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H 4 EXECUTION OF SAID RELEASE OF REAL ESTATE
s e o MORTGAGE BY MAYOR.
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opt, o liHEREAS, Whitaker Foods, has paid the City of Waterloo the
rebredng balance of loan for the following described property:
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cuitIA tract of land in Lot Nos. Eight (8) , Nine (9) , Ten
s p10) , and Eleven (11) in "Clyde Miller Heights Second
Subdivision" in Waterloo, Iowa, bounded as follows:
Beginning at the Southwesterly corner of Lot No. Eight
(8) ; thence Northerly along the Westerly line of Lots
Eight (8) , Nine (9) , Ten (10) and Eleven (11) to the
most Northerly Corner of said Lot No. Eleven (11) ;
thence Southeasterly along the Northeasterly line of
Lot No. Eleven (11) to a line running parallel with and
Twenty-seven and Eighty-three Hundredths (27 . 83) feet
normally distant Northwesterly of the extended
Southeasterly line of Lot No. Seven (7) in said
Addition; thence Southwesterly along said line to the
Southwesterly line of Lot No. Eleven (11) ; thence
Northwesterly along said Lot line and extension thereof
to a point Thirty (30) feet normally distant
Southeasterly of the Westerly line of Lot No. Nine ( 9) ;
thence Southerly along a line parallel with and Thirty
(30) feet normally distant Easterly of the Westerly
lines of Lots Nos. Nine (9) and Eight (8) to the
Southwesterly line of Lot No. Eight (8) ; thence
Northwesterly along the Lot line to the point of
beginning, all in the City of Waterloo, Black Hawk
County, Iowa.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the Release of Real Estate Mortgage dated
October 20, 2003, with Whitaker Foods, for full payment of loan,
be and the same is hereby approved and the Mayor authorized to
execute the same in behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 20th day of October, 2003.
(
John . R. ff, Mayo
ATTEST:
(- i/lActc.te
Nancy Ecker City Clerk