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HomeMy WebLinkAbout1999-465-07.12.1999 • This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 1999-465 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACT TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEED. WHEREAS, the City of Waterloo, Iowa, has had all 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 is also accepted and approved and the City of Waterloo is directed to pay for the property and the incidental expenses necessary to the consummation of the sale from City funds . The subject parcels are : Parcel No. 108 Louis W. and Theresa A. Schmitz , Owners Partial Acquisition-$75, 100 . 00 A parcel of land located in the Northeast % of the Southeast % 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 1/ of said Section 21; thence South 00°52 ' 54" East on the East line of the Southeast % of said Section 21 a distance of 639 . 64 feet; thence South 89°07 ' 07" West a distance of 60 . 00 feet to the present Westerly right- of-way line of North Elk Run Road, the point of beginning of the parcel herein described; thence South 89°49 ' 47" West a distance of 539 .20 feet; thence Northwesterly on a 2, 646 .48-foot radius curve concave Northeasterly and having a 728 .38-foot long chord bearing North 82°15 ' 38" West a distance of 730 . 70 feet (arc length) to the West line of the Northeast 1/ of the Southeast % of said Section 21; thence North 00°52 ' 59" West on the West line of the Northeast 1/ of the Southeast j of said Section 21 a distance of 219 . 63 feet; thence South 78°54 ' 53" East a distance of 207 . 20 feet; thence North 11°17 '46" East a distance of 101 . 75 feet; thence North 10°26 ' 34" East a distance of 111 . 97 feet; thence Northerly on a 542 . 96-foot radius curve concave Westerly and having a 113 . 16-foot long chord bearing North 06°35 ' 05" West a distance of 113 . 36 feet (arc length) ; thence North 66°53 ' 50" West a distance of Resolution No. 1999-465 Page 2 97 . 99 feet to the North line of the Southeast 14 of said Section 21; thence North 89°49 ' 47" East on the North line of the Southeast 1% of said Section 21 a distance of 222 .35 feet; thence South 61°04 ' 16" West a distance of 80 . 99 feet; thence Southerly on a 602 . 96-foot radius curve concave westerly and having a 236 . 17-foot long chord bearing South 00°00 ' 08" West a distance of 237 . 71 feet (arc length) ; thence South 11°17 ' 48" West a distance of 101 .49 feet; thence South 78°54 ' 52" East a • distance of 232 . 61 feet; thence South 84°59 ' 15" East a distance of 225 . 10 feet; thence North 89°49 ' 47" East a distance of 536 . 72 feet to the present Westerly right- of-way line of North Elk Run Road; thence South 00°52 ' 54" East on the present Westerly right-of-way line of North Elk Run Road a distance of 200 . 02 feet to the point of beginning; containing 6 . 72 acres . Basis of bearing: the East line of the Southeast 1/ of said Section 21 is assumed to bear South 00°52 ' 54" East for the purpose of this description. PASSED AND ADOPTED this 12th day of July, 1999 . John ooff, Mayor ATTEST: ‘ 24/et44,Le Nancy Eck t, City Clerk