HomeMy WebLinkAbout1999-201-04.12.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-201
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF PROPERTY LOCATED AT 607
DEARBORN STREET TO WAYNE NATHAM FOR
$57, 350 . 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 $57, 350 . 00, plus costs, has been made by
Wayne Natham, 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 Wayne Natham, 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 April 2, 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 Wayne Natham to purchase real property
for the sum of $57, 350 . 00, and costs, be and it is hereby accepted
for real property described below:
That part of Lot 1 Sunshine Subdivision that lies
Northwesterly of a line beginning at the Southernmost
corner of said lot, thence Northeasterly along the
Northwesterly right-of-way line of Dearborn Avenue
forty-nine and four tenths feet (49 . 4' ) , and continuing
along an extension of the last described course to its
intersection with the East line of said lot; and also
West of a line twenty feet (20' ) West of and parallel
to the East line of said lot, all in the City of
Waterloo, Black Hawk County, Iowa;
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to Wayne Natham by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Wayne Natham.
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 Wayne Natham upon receipt of the sum of
$57, 350 . 00, and costs .
Resolution 1999-201
Page 2
PASSED AND ADOPTED this 12th day of April, 1999 .
Jo n R. Ro ff, May
ATTEST:
Cylt�
Nancy Ec rt, City Clerk