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HomeMy WebLinkAbout2001-169-04.23.2001 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2000-169 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE FOR DONALD E. AND CAROLE J. MOUNTAIN, 7926 KIMBALL 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, Donald E. and Carole J. Mountain, 7926 Kimball Avenue, have 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 Three Hundred Seventy-eight (378 . 0) feet of the South Four Hundred Twenty-eight (428. 0) feet of the West One Hundred Eighty-eight (188. 0) feet of the East Two Hundred Thirty-eight (238. 0) feet of the Southeast Quarter (SE ) of the Southeast Quarter (SEK) of Section Twenty-eight (28) , Township Eighty-eight (88) North, Range Thirteen (13) West of the Fifth Principal Meridian, 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 23, 2001, for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between Donald E. and Carole J. Mountain, 7926 Kimball 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 23rd day of April, 2001 . John . R off, ayor ATTEST: rdwd- Nancy Ecker , City Clerk