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HomeMy WebLinkAbout2000-441-08.07.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2000-441 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE FOR STEVEN P. BOWERS AND SHARI L. BENESH, 11505 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 PRO TEM. WHEREAS, Steven P. Bowers and Shari L. Benesh, 11505 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 West Two Hundred Thirty (230. 0) feet of the Northwest Quarter (NW1-) of the Southwest Quarter (SW14) of Section No. Fifteen (15) , Township No. Eight-seven (87) North, Range No. Thirteen (13) West of the Fifth Principal Meridian in Black Hawk County, Iowa, except the South One Thousand Two Hundred and no One Hundredths (1200 . 0) feet there of and except that part conveyed to Black Hawk County, Iowa, for road purposes by Land Deed recorded in Land Deed Record Book 103 at page 61, 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 August 7, 2000, for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between Steven P. Bowers and Shari L. Benesh, 11505 Kimball Avenue, and the City of Waterloo, Iowa, be and the same is hereby approved and the Mayor Pro Tem authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 7th day of August, 2000 . Harol Getty, Mayor P Tem ATTEST: Nancy Ec t, City Clerk