HomeMy WebLinkAbout1999-200-04.12.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa .
RESOLUTION NO. 1999-200
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF A PORTION OF ALLEY GENERALLY
LOCATED IN THE BLOCK BOUNDED BY JEFFERSON
STREET, COMMERCIAL STREET, WEST PARK AVENUE
AND WEST 3RD STREET TO COMMUNITY NATIONAL BANK
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 parcel of real
property in the sum of $1 . 00, plus costs, has been made by
Community National Bank, and
WHEREAS, a public hearing was held on April 12, 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 Community National Bank, 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 10, 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 Community National Bank to purchase real
property for the sum of $1 . 00, and costs, be and it is hereby
accepted for real property described below:
That part of the 20 feet platted alley in Block No. 6 •
in the Original Plat on the West Side of the Cedar
River that lies Northwesterly of a line 10 feet
Southeasterly of the Southeasterly line of Block No. 6,
said Addition, (said line being the Northwesterly line
of Park Avenue as now established) , and Southeasterly
of a line that is an extension of the Northwesterly
line of the Southeasterly One-half of Lot 9, said Block
and Addition, all in the City of Waterloo, Black Hawk
County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to Community National Bank by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Community National Bank.
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 Community National Bank upon receipt of
the sum of $1 . 00, and costs .
Resolution 1999-200
Page 2
PASSED AND ADOPTED this 12th day of April, 1999 .
John . Roof , Mayor
ATTEST:
Nancy Eck t, City Clerk