HomeMy WebLinkAbout2000-047-01.24.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2000-47
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE FOR JOHN M. AND PATRICIA J. KIMBALL,
11638 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, John M. and Patricia J. Kimball, 11638 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 Twenty-six and no One
Hundredths (326. 0) feet of the South Five Hundred
and no One Hundredths (500. 0) feet of the East Four
Hundred and no One Hundredths (400. 0) feet of the
Northeast Quarter (NE'-) of the Southeast Quarter
(SE'%) of Section Sixteen (16) , Township Eight-seven
(87) 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 January 24, 2000, for payment of Promissory
Note in conjunction with the Kimball South Rural Water Main
Project, by and between John M. and Patricia J. Kimball, 11638
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 24th day of January, 2000.
(i.dosr
AIM
Jo R. 'ooff, Mayor
ATTEST:
Nancy Ecke J , City lerk