HomeMy WebLinkAbout1999-680-10.04.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-680
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF A PARCEL OF LAND GENERALLY
LOCATED SOUTH OF THE WAL-MART STORE LOCATED
AT 1334 FLAMMANG DRIVE TO WAL-MART, INC. FOR
$1. 00, PLUS COSTS AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE AND DELIVER A 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 Wal-
Mart, Inc. , and
WHEREAS, a public hearing was held on October 4, 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 Wal-Mart, Inc. , 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 September 24,
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 Wal-Mart, Inc. to purchase real
property for the sum of $1 . 00 and costs be, and it is hereby
accepted for real property described below:
South One Hundred (100) feet of the following:
Unplatted Waterloo West. Part SW k SW k Section 2 T88
R13 commencing at the Southwest corner said Section 2
thence due East 1, 317 . 85 feet along the South line of
Section 2 to the Southeast corner of the SW k SW k
Section 2 thence North along East line SW k SW k a
distance of 33 feet to the point of beginning, thence
continuing North along said East line a distance of
710 . 7 feet thence South 48°48' West 266. 9 feet thence
South 00°17 11' West 534 . 9 feet thence South 90°00' East
200 feet to the point of beginning, all in the City of
Waterloo, Black Hawk County, Iowa;
Subject to the city' s retention of a permanent easement
over, under and above the following described property:
Being a part of the City of Waterloo, Black Hawk
County, Iowa and being more particularly described as
follows :
Commencing at an Iron Pin found at the Southwest corner
of Lot 1 of Crossroads Plat No. 3 as recorded in the
Resolution No . 1999-680
Page 2
Plat Book "W", page 85, point of beginning. Thence S
89°48' 49" W, 200. 00 feet to a point; thence N 00°05' 00"
W, 78 . 49 feet to a point; thence S 74°36' 19" E, 68 . 05
feet to a point; thence S 82°35' 15" E, 98 . 43 feet to a
point; thence N 86°52' 59" E, 36. 80 feet to a point;
thence S 00°05' 00" W, 49. 08 feet to the point of
beginning, containing 0 . 2655 acres (11, 563 . 87 square
feet) of land, more or less, all in the City of
Waterloo, Black Hawk County, Iowa;
3. That the City of Waterloo, Iowa, convey said parcel of
real property to Wal-Mart, Inc. by Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Wal-Mart, Inc.
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 Wal-Mart, Inc. upon receipt of the sum
of $1. 00, and costs .
PASSED AND ADOPTED this 4th day of October, 1999.
J n ooff, Mayor
ATTEST:
Nancy Ec ert, City Clerk