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HomeMy WebLinkAbout2002-435-07.22.2002 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2002-435 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY GENERALLY LOCATED IN THE NORTHEAST INDUSTRIAL PARK PLAT NO. 1 FOR $1 . 00, PLUS COSTS AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND DELIVER A DEED FOR SAME. WHEREAS, the City of Waterloo, Iowa, is the owner of real property in the City of Waterloo, Iowa, as described below, and WHEREAS, an offer to purchase said certain parcel of real property in the sum of $1 . 00, plus costs, has been made by Gray Transportation, and WHEREAS, a public hearing was held on July 8, 2002, at 5: 30 p.m. in the Council Chambers in City Hall, Waterloo, Iowa, as provided by law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey premises owned by the City of Waterloo, Iowa, to Gray Transportation, and WHEREAS, it is the opinion of this Council that sale and conveyance should be made as proposed. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS: 1 . The following described real property, as fully described in the published notice in the Waterloo Courier on July 1, 2002, is not presently needed and will not be needed in the foreseeable future for municipal purposes and its ownership is serving no municipal purpose, and 2 . That the offer of Gray Transportation to purchase real property for the sum of $1 . 00 and costs be, and it is hereby accepted for real property described below: A parcel of land located in part of Lots 6 and 7, Northeast Industrial Park Plat No. 1, Waterloo, Black Hawk County, Iowa, and part of Lot 12, Northeast Industrial Park Plat No. 3, Waterloo, Black Hawk County, Iowa, described as follows : Beginning at the Northwest corner of said Lot 6; thence North 89°34' 40" East along the Northerly line of said Lot 6 a distance of 642. 05 feet to the Northeast corner of said Lot 6; thence North 89°34' 40" East a distance of 300. 00 feet to the East line of said Lot 7; thence South 00°25' 20" East along the East line of said Lot 7 a distance of 225. 00 feet; thence South 89°34' 40" West a distance of 360. 00 feet; thence South 00°25' 20" East a distance of 285. 00 feet to the Southerly line of said Lot 6, which is also the Northeast corner of said Lot 12; thence South 00°25' 20" East long the East line of said Lot 12 a distance of 160. 00 feet; thence South 89°34' 40" West a distance of 478 . 12 feet to the Westerly line of said Lot 12; thence North 16°47' 09" West along the Westerly line of said Lots 12 and 6 a distance of 380. 77 feet; thence North 00°12' 30" East along Westerly line of said Lot 6 a distance of 304 . 67 feet to the point of beginning. .014- 4 '""•••• SO 1'CI t 4n No. 2002-435 74F >-1 rr.1 txl E-; •c9 000 The Northerly line of said Lot 6 is assumed to bear (r < North 89°34' 40" East, all in the City of Waterloo, z back Hawk County, Iowa. That the City of Waterloo, Iowa, convey said parcel of r;,7 -• 0 .„. read -property to Gray Transportation by Deed. L.] That the Mayor and City Clerk are hereby authorized to 0 c-3 L-4 L'J exeCut(r, gind deliver deed to Gray Transportation. (A X t '4* That the original of said deed fully executed and (2) wacknowledged is hereby approved and confirmed by the Council. tV 6 , That the City Clerk is authorized and directed to r-7) , idelivet said deed of conveyance to Gray Transportation on receipt 6-or,;t '-the sum of $1 . 00, and costs. PASSED AND ADOPTED this 2 2 nd day of July, 2002 . (..) o 6 % iC/601 John ° . R.•ff, Mayor ATTEST: JLQt Nancy Eckert, City Clerk