HomeMy WebLinkAbout1999-008-01.11.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-8
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY ACQUIRED AS PART OF
CLEVELAND STREET RECONSTRUCTION PROJECT
GENERALLY LOCATED AT THE SOUTHWEST CORNER OF
FALLS AVENUE AND FLETCHER AVENUE, TO RUSSELL
AND KIMBERLY SCHRADER FOR $8, 000 . 00, PLUS
COSTS, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE AND DELIVER 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 parcels of real
property in the sum of $8, 000 . 00, plus costs, has been made by
Russell and Kimberly Schrader, and
WHEREAS, a public hearing was held on January 11, 1999, at
7 : 00 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 Russell and Kimberly Schrader, 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 January 4 ,
1999, 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 Russell and Kimberly Schrader to
purchase real property for the sum of $8, 000 . 00, and costs, be and
it is hereby accepted for real property described below:
Lot Three (3) and that part of Lots One (1) and Two
(2) , all in Block Two (2) , "Hagerman Place" , Waterloo,
Iowa, lying West of the following described line :
Beginning at a point on the Northeasterly line of said
Lot Two (2) which is Forty-four and Eighty-two
Hundredths (44 . 82) feet Southeasterly of the Northwest
corner of said Lot Three (3) ; thence Southerly to a
point on the Southwesterly line of said Lot One (1)
which is Eighty-nine and Seventy-seven Hundredths
(89 . 77) feet Southeasterly of the Southwesterly corner
of said . Lot Three (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 Russell and Kimberly Schrader by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Russell and Kimberly Schrader.
Resolution 1999-8
Page 2
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 Russell and Kimberly Schrader upon
receipt of the sum of $8, 000 . 00, and costs .
PASSED AND ADOPTED this 11Lh day of January, 1999 .
John R. ooff, Ma
ATTEST:
Nancy Ec t, City Clerk