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HomeMy WebLinkAbout1999-746-11.01.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 1999-746 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF A PORTION OF MARY ELLEN DRIVE GENERALLY LOCATED SOUTHWEST OF WILLIAM DRIVE TO MERLE LAMPE AND YOUNG DEVELOPMENT FOR $4 , 176 . 00 EACH, 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 $4, 176 . 00, plus costs, has been made by Merle Lampe, and an offer to purchase said certain parcel of real property in the sum of $4, 176 . 00, plus costs, has been made by Young Development, and WHEREAS, a public hearing was held on November 8, 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 Merle Lampe and Young Development, 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 November 1, 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 Merle Lampe to purchase real property for the sum of $4, 176 . 00 and costs be, and it is hereby accepted for real property described below: The Northwesterly one-half of vacated Mary Ellen Drive right-of-way lying Southwesterly of the Southwesterly line of William Drive, subject to the city' s retention of a permanent easement over, under and above the above described property, all in the city of Waterloo, Black Hawk County, Iowa; and, That the offer of Young Development to purchase real property for the sum of $4, 176 . 00 and costs be, and it is hereby accepted for real property described below: The Southeasterly one-half of vacated Mary Ellen Drive right-of-way lying Southwesterly of the Southwesterly line of William Drive, subject to the city' s retention of a permanent easement over, under and above the above described property, all in the city of Waterloo, Black Hawk County, Iowa. Resolution No. 1999-746 Page 2 3 . That the City of Waterloo, Iowa, convey said parcels of real property to Merle Lampe and Young Development by Deeds . 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deeds to Merle Lampe and Young Development . 5 . That the original of said deeds fully executed and acknowledged is hereby approved and confirmed by the Council . 6 . That the City Clerk is authorized and directed to deliver said deeds of conveyance to Merle Lampe upon receipt of the sum of $4, 176 . 00, and costs, and to Young Development upon receipt of the sum of $4, 176 . 00, and costs . PASSED AND ADOPTED this 8th day of November, 1999 . Joh71 R. ooff, Mayor ATTEST: Nancy E rt, City Clerk