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HomeMy WebLinkAbout1999-669-09.27.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 1999-669 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE FOR FREDDIE AND DOREEN STEIMEL, 11329 KIMBALL AVENUE, FOR PAYMENT OF PROMISSORY NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH RURAL WATER MAIN PROJECT AND DIRECTING EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. WHEREAS, Freddie and Doreen Steimel, 11329 Kimball Avenue, have paid the Waterloo Water Works the remaining balance of the Promissory Note and Mortgage in conjunction with the Kimball South Rural Water Main Project for the following described property: The North Three Hundred Sixty-five (365) feet of the South Eight Hundred Twenty-eight and Twenty- seven Hundredths (828. 27) feet of the West Four Hundred Ten (410) feet of the Northwest Quarter (NW,1) of Section Fifteen (15) , Township Eight-seven (87) North, Range Thirteen (13) West of the Fifth Principal Meridian in Black Hawk County, wa, excepting that part thereof conveyed for broad purposes to Black Hawk County, Iowa, by deed recorded in Land Deed Record Book 103 at page 61, of the records of said County and excepting that part thereof conveyed to the State of Iowa by deed recorded in Land Deed Record Book 123 at page 221 of the records of said County, all in the City of Waterloo, Black Hawk County, Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated September 27, 1999, for payment Note in conjunction with the Kimball South Rural Waters Main Project, by and between Freddie and Doreen Steimel, 11329 Kimball Avenue, and the City of Waterloo, Iowa, be and the same is hereby approved and the Mayor authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 27th day of September, 1999. John . .�"�'='�L�i.rr%C� R.off, Mayor /ATTEST: Nancy Ecke , City Clerk