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HomeMy WebLinkAbout2000-540-10.02.2000 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2000-540 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF PROPERTY GENERALLY LOCATED AT THE CURVE OF WEST 5Tx/6Tx STREET JUST SOUTH OF 729 WEST 5Tx STREET TO BERNARD MCKINLEY JR. FOR $600. 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 $600. 00, plus costs, has been made by Bernard McKinley Jr. , and WHEREAS, a public hearing was held on October 2, 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 Bernard McKinley Jr. , 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 September 22, 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 Bernard McKinley Jr. to purchase real property for the sum of $600. 00 and costs be, and it is hereby accepted for real property described below: That part of Lot 9, Lot 8 and the South half of Lot 7 in Block No. 18 of Doe' s Addition to the City of Waterloo, Iowa, lying north of the following described line: Commencing at the Westerly corner of said South half of Lot 7; thence South 56°03' 27" East 16. 26 feet along Southwesterly line of Lot 7 to the point of beginning; thence North 78°46' 59" East 58 . 66 feet; thence Northeasterly 126. 19 feet along a 532 . 96 foot radius curve concave Northerly, the long chord of which bears North 71°59' 59" East 125. 90 feet to the point of termination on the Northeasterly line of said Lot 9, all in the City of Waterloo, Black Hawk County, Iowa. 3. That the City of Waterloo, Iowa, convey said parcel of real property to Bernard McKinley Jr. by Deed. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Bernard McKinley Jr. 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 Bernard McKinley Jr. upon receipt of the Resolution No. 2000-540 Page 2 sum of $600. 00, and costs. PASSED AND ADOPTED this 2nd day of October, 2000. Johâ–º R. Rcoff, ATTEST: Nancy Ecke City Clerk