HomeMy WebLinkAbout1999-345-05.24.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-345
RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF
PROPERTY GENERALLY LOCATED IN LOT NO. 5
NORTHEAST INDUSTRIAL PARK PLAT NO. 1 TO
INTERSTATE BRANDS (WONDER BREAD) 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
Interstate Brands (Wonder Bread) , and
WHEREAS, a public hearing was held on May 24, 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 Interstate Brands (Wonder Bread) , 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 May 19, 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 Interstate Brands (Wonder Bread) to
purchase real property for the sum of $1 . 00, and costs, be and it
is hereby accepted for real property described below:
Lot No. 5, Northeast Industrial Park Plat No. 1,
all in the City of Waterloo, Black Hawk County,
Iowa.
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to Interstate Brands (Wonder Bread) by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Interstate Brands (Wonder Bread)
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 Interstate Brands (Wonder Bread) upon
receipt of the sum of $1 . 00, and costs .
PASSED AND ADOPTED this 24th day of May, 1999 .
Joh R. ooff, Mayor
ATTEST :
Nancy Eck/t, City Clerk