HomeMy WebLinkAbout1999-142-03.22.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-142
RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF
PROPERTY GENERALLY LOCATED ON SAN MARNAN
DRIVE WESTERLY OF TOWER PARK TO CARDINAL
CONSTRUCTION, INC. FOR $1 . 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 $1 . 00, plus costs, has been made by
Cardinal Construction, Inc. , and
WHEREAS, a public hearing was held on March 22 , 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 Cardinal Construction, Inc . , 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 March 16, 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 Cardinal Construction, Inc . to purchase
real property for the sum of $1 . 00, and costs, be and it is hereby
accepted for real property described below:
A part of the NW k of the NE k and the SW k
of the NE k of Section 9-88-13, Waterloo,
Black Hawk County, Iowa, described as
follows :
Commencing at the Northeast corner of the NW
k of the NE k of said Section 9; thence S
00°26' 14" E along the East line of the NW k of
the NE i of said Section 9 a distance of
463 . 53 feet to the point of beginning; thence
S 00°26' 14" E along the East line of the NW k
of the NE k and the East line of the SW k of
the NE k of said Section 9 a distance of
896. 98 feet to the Northerly R-O-W of U. S .
Highway 20; thence N 89°34' 11" W along said
Northerly R-O-W a distance of 780 . 00 feet;
thence N 00°26' 14" W a distance of 530 . 00
feet; thence S 89°34' 11" E a distance of
750 . 00 feet; thence N 00°26' 14" W a distance
of 367 . 24 feet; thence S 89°03' 48" E a
distance of 30 . 01 feet to the point of
beginning, all in the City of Waterloo, Black
Hawk County, Iowa.
The East line of the NW 1- of the NE k of
Section 9-88-13, Waterloo, Black Hawk County,
Iowa is assumed to bear S 00°26' 14" E.
Resolution 1999-142
`'l n, S ¢ o
O o Cr E- • <�
-1 -1mrn 7rN
= : ff: n- <C
E- E- E- `! O Q
H 1-1 5-
0 *1
O O t
az , -
Area equals 424, 367 SF (9 . 742 Acres)
o CO m E- L3 E-
• `z ° Soon to be described as :
O -1f1
. H )- Lot 1 Tower Technology Park Plat No. 1, all
, H --I a `-, in the City of Waterloo, Black Hawk County,
ov: r.; Iowa.
Ui <{ (;
(\'a ` Comprising 8 . 4 acres .
gora P g
3 . that the City of Waterloo, Iowa, convey said parcel of
real property to Cardinal Construction, Inc . by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Cardinal Construction, 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 Cardinal Construction, Inc . upon
receipt of the sum of $1 . 00, and costs .
PASSED AND ADOPTED this 22nd day of March, 1999 .
John R Ro ff, Mayor
ATTEST:
Nancy Ec t, City Clerk