HomeMy WebLinkAbout2000-306-06.05.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 2000-306
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE
OF THE 50' X 150' PORTION OF KIMBALL AVENUE
FRONTAGE ROAD GENERALLY LOCATED WEST OF THE
3000 BLOCK OF KIMBALL AVENUE TO ALBERTSON' S
INC. FOR $45, 000. 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 $45, 000. 00, plus costs, has been made by
Albertson' s Inc. , and
WHEREAS, a public hearing was held on June 5, 2000, 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 Albertson' s Inc. , and
WHEREAS, it is the opinion of this Council that said 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 May 30, 2000, 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 Albertson' s Inc. to purchase real
property for the sum of $45, 000. 00 and costs be, and it is hereby
accepted for real property described below:
The East Fifty (50) feet of the South One-hundred fifty
(150) feet of Lot No. Twenty-three (23) Southgate
Addition, all in the City of Waterloo, Black Hawk
County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to Albertson' s Inc. by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver said deed to Albertson' s Inc.
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 Albertson' s Inc. upon receipt of the sum
of $45, 000. 00, and costs.
Resolution No . 2000-306
Page 2
PASSED AND ADOPTED this 5th day of June, 2000.
Joh R. R off, Mayor
ATTEST:
,120_,„/9-
Nancy Ec rt, City Clerk