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HomeMy WebLinkAbout1999-420-06.21.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 1999-420 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACTS TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEEDS. WHEREAS, the City of Waterloo, Iowa, has had the parcel described herein appraised and the fair market value ascertained., and WHEREAS, the acquisition of the hereinafter described parcel is necessary to carry out the Martin Luther King Jr. Drive/Bishop Avenue Extension Project, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcel hereinafter described to sell the same to the City of Waterloo, Iowa, all of which is situated in the City of Waterloo, Black Hawk County, Iowa, is accepted and approved and the Mayor and City Clerk are authorized and directed to execute the same in behalf of the City and to execute all instruments necessary to consummate the agreement to purchase the property from the owners thereof, and the deed for the conveyance of the same are also accepted and approved and the City of Waterloo is directed to pay for the properties and the incidental expenses necessary to the consummation of the sales from City funds. The subject parcel is: Parcel No. 107 Arra E. Flinn, Audrie B. King and Wreatha G. Herman, Owners Partial Acquistion-$39, 305 . 00 A parcel of land located in the Northwest A of the Southeast A of Section 21, Township 89 North, Range 12 West of the Fifth Principal Meridian, Black Hawk County, Iowa, more particularly described as follows : Commencing at the Northeast corner of the Southeast IA of said Section 21; thence South 89°49 '47" West on the North line of the Southeast / of said Section 21 a distance of 1, 319 .42 feet to the Northeast corner of the Northwest % of the Southeast A of said Section 21, the point of beginning of the parcel herein described; thence South 00°52 ' 59" East on the East line of the Northwest % of the Southeast % of said Section 21 a distance of 540 . 14 feet; thence North 73°43 ' 21" West a distance of 669 . 38 feet; thence North 81°47 ' 36" West a distance of 688 .38 feet to the West line of the Southeast % of said Section 21; thence North 00°53 ' 04" West on the West line of the Southeast % of said Section 21 a distance of 250 .31 feet to the Northwest • corner of the Southeast % of said Section 21; thence North 89°49 '47" East on the North line of the Southeast 1/1 of said Section 21 a distance of 1, 319 .42 feet to the point of beginning; containing 11 .23 acres, all in the City of Waterloo, Black Hawk County, Iowa. Basis of bearings: the North line of the Southeast % of said Section 21 is assumed to bear South 89°49 '47" West for the purpose of this description. Resolution No. 1999-420 Page 2 PASSED AND ADOPTED this 21st day of June, 1999 . Jon Roof ,f, Ma 10 ATTEST: e,7 Nancy Ec t, City Clerk