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2003-715-10.20.2003
ui tri N t7� O 01 O H trJ 0 HsHH o �C � c S �? H , 'ig g*esolution prepared by Nancy Eckert, City Clerk, 715 Mulberry © 0o 44 , Waterloo, Iowa. b+ H � 1--1 E-+ ' H s RESOLUTION NO. 2003-715 O 1--+ 0 N t H RESOLUTION ACCEPTING AND APPROVING CERTAIN o a 5 a ACQUISITION CONTRACT TO SELL REAL PROPERTY TO d Ems- d THE CITY AND ACCEPTING AND APPROVING CERTAIN o DEED. o tr C7 C) W trt H C7 G'37 h C REAS HE , the City of Waterloo, Iowa, has had the c)10ribed herein appraised and the fair market value ascertained, txJ WHEREAS, the acquisition of the hereinafter described parcel ecessary to carry out EDA Rath Area Redevelopment Project. rxi NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcel hereinafter described to sell the same to the City of Waterloo, Iowa, all of which are situated in the City of Waterloo, Black Hawk County, Iowa, are accepted and approved and the Mayor and City Clerk arc authorized and directed to execute the same in behalf of the City and to execute all instruments necessary to consummate the agreement to purchase the property from the owners thereof, and the deed for the conveyance of the same are also accepted and approved and the City of Waterloo is directed to pay for the property and the incidental expenses necessary to the consummation of the sale from City funds. The subject parcel is: Parcel No. 89-13-25-255-002 Standard Distributing Company, Owner Total Acquisition - $81, 000.00 Lane and Fowlers Second Addition Lots 1, 6, 7, 8 and 9 and all that part of Lots 2, 3, 4 and 5 lying Southeasterly of the right-of-way of Illinois Central Railroad Company and all that part of the alley lying Easterly of said right-of-way all in Block 13 and Weishaars Addition Lots 6, 7, 8, 9, 10 and 11 and the alley lying South of and adjacent said lots and Assessor Lelands Plat No. 2 Lot 6 except East 180 feet, all in the City of Waterloo, Black Hawk County, Iowa. PASSED AND ADOPTED this 20th day of October, 2003. A—CSV John R. R off, Mayor ATTEST: $7)4J-- Nancy Eckert City Clerk