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HomeMy WebLinkAbout2001-350-07.09.2001 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2001-350 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY ACQUIRED IN CONJUNCTION WITH IMPROVEMENTS TO DONALD STREET/BROADWAY STREET INTERSECTION TO RICHARD AND LINDA MORRISON FOR $4, 500. 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 $4, 500. 00, plus costs, has been made by Richard and Linda Morrison, and WHEREAS, a public hearing was held on July 9, 2001, 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 Richard and Linda Morrison, Waterloo, Iowa, 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 June 27, 2001, 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 Richard and Linda Morrison to purchase real property for the sum of $4, 500. 00 and costs be, and it is hereby accepted for real property described below: That part of Lots 3 and 4 of Northeydale Addition to the City of Waterloo that lies Southwesterly of a line drawn from a point on the North line Lot 4 said addition that is 20 foot East of the Northwest corner of said Lot 4, to a point on the East line of Lot 3 said addition that is 50 feet North of the Southeast corner of said Lot 3, all in the City of Waterloo, Black Hawk County, Iowa. 3 . That the City of Waterloo, Iowa, convey said parcel of real property to Richard and Linda Morrison by Deed. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Richard and Linda Morrison. 5. That the original of said deed fully executed and acknowledged is hereby approved and confirmed by the Council . 6. That the City Clerk is authorized and directed to deliver said deed of conveyance to Richard and Linda Morrison upon receipt of the sum of $4, 500. 00, and costs . Resolution No. 2001-350 Page 2 PASSED AND ADOPTED this 9th day of July, 2001 . John 'R. R off, Mayo ATTEST: Nancy Eck , City Clerk