HomeMy WebLinkAbout1999-04402.01.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 1999-44
RESOLUTION APPROVING RELEASE OF REAL ESTATE
MORTGAGE FOR MARK S . DUNNWALD, 11515 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, Mark S . Dunnwald, 11515 Kimball Avenue, has
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 One Hundred Twenty and no One Hundredths
(120 . 0) feet of the South One Thousand Two Hundred
and no One Hundredths (1, 200 . 0) feet of the West
Two Hundred and Thirty and no One Hundredths
(230 . 0) feet of the Northwest Quarter (NW%) of the
Southwest Quarter (SW1/) of Section Fifteen (15) ,
Township Eighty-seven (87) North, Range Thirteen
(13) West of the Fifth Principal Meridian in Black
Hawk County, Iowa, 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 February 1, 1999, for payment of Promissory
Note in conjunction with the Kimball South Rural Water Main
Project , by and between Mark S . Dunnwald, 11515 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 1 ` day of February, 1999 .
John . R off, Mayor /r
ATTEST: (�
Nancy Eck t, City Clerk