HomeMy WebLinkAbout2001-136-04.09.2001 This Resolution prepared by Nancy Eckert, City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2001-136
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE FOR PATRICK T. AND AMY M. O'REGAN,
9108 HAMMOND 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, Patrick T. and Amy M. O'Regan, 9108 Hammond
Avenue, has 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:
The North Eight Hundred Sixty-nine and 70/100' s
(869. 70) feet of the East Seven Hundred Twenty-five
and 50/100' s (725.50) feet of the Northeast Quarter
(NE '-) of Section No. Three (3) , Township No.
Eighty-seven (87) North, Range No. Thirteen (13)
West of the Fifth Principal Meridian in Black Hawk
County, Iowa, containing 14 .485 acres including
0 . 659 acres of right-of-way, 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 April 9, 2001, for payment of Promissory Note
in conjunction with the Kimball South Rural Water Main
Project, by and between Patrick T. and Amy M. O'Regan, 9108
Hammond 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.
PASSED AND ADOPTED this 9th day of Apri1, 2001 .
I�
Joh R. "ooff, Mayo . I
ATTEST:
LAA'62-14c
Nancy Eck , City Clerk