HomeMy WebLinkAbout2021-741-11.15.2021 (RECORDED) 2
lllI II I IIIII IIII 1111 III1111 IIIII IIIII IIII IIIII II 11111 HII IIII
Doc ID: 010354880002 Type: GEN
Recorded: 12/30/2021 at 08:27:23 AM
Fee Amt: $12.00 Page 1 of 2
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2022-00013510
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo,IA 50703, (319)291-4323.
RESOLUTION NO. 2021-741
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY OWNED PROPERTY LOCATED NORTHEAST OF
THE INTERSECTION OF LEVERSEE ROAD AND LAKE
STREET, IN THE AMOUNT OF $1,170,000.00,TO ZYDECO
INVESTMENTS, LLC AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE NECESSARY
DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the legal owner of property located northeast
of the intersection of Leversee Road and Lake Street, in the City of Waterloo, Iowa, and legally
described as follows:
LAND TO BE CONVEYED:
LOT 4 OF WATERLOO AIR AND RAIL PARK SECOND ADDITION
LAND WITH OPTION TO BE CONVEYED:
LOT 5 OF WATERLOO AIR AND RAIL PARK SECOND ADDITION
and,
WHEREAS, an offer to purchase said parcel of real properly, in the amount of
$1,170,000.00,has been made by Zydeco Investments,LLC, and
WHEREAS, a public hearing was held on November 15, 2021 at 5:30 p.m., as provided
by law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo,Iowa, to Zydeco Investments, LLC, and
WHEREAS, it is the opinion of this Council that the 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. That the real property located northeast of the intersection of Leversee Road and Lake
Street, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo
Courier November 5, 2021, is not presently needed, and will not be needed in the foreseeable
future for municipal purposes,and its ownership is serving no municipal purpose.
2. That the offer of Zydeco Investments, LLC, to purchase the property located northeast
of the intersection of Leversee Road and Lake Street, in the City of Waterloo, Iowa, for the sum
of$1,170,000.00, is hereby accepted, for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcel of real property to the Zydeco
Investments, LLC,by quit claim deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said quit claim deed, fully executed and acknowledged, is hereby
approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to Zydeco Investments, LLC, upon receipt of the sum of
$1,170,000.00.
C �a�
Resolution 2021-741
Page 2
PASSED AND ADOPTED this 15th day of November 2021.
Qvef-�.
�zt
Quentin Hart,Mayor
ATTEST:
Iett e,i t SIGtIFO
Kelley Felchle, City Clerk
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2021-741 as passed and adopted by the
City Council of the City of Waterloo,Iowa, on the 15th day of November 2021.
Witness my hand and seal of office this 15th day of November 2021.
Yu( FeVe, o•mrauv
SIGNED
Kelley Felchle, City Clerk
SEAL
Nikk
st• 0p 4
f •:\\
I IIII\32c1.15/0\014310u\80\n171\13}2\av\II IIIII IIIII IIIII IIIII IIIII IIIIIIIII IIII
IIIIIIIIIIIIIIIIIIIIIDocID: 010001 TYpe: GENRecorded: 1021 at08:26:55ABlackmHawk7aIowa f 1
SANDIE L. SM^T_00013509
File20
*** Proof of Publication ***
Courier Communications NOTICE OF PUBLIC HEARING
TO WHOM IT MAY CONCERN:
100 East 4th Street, Waterloo, Iowa 50703 Notice is hereby given that on the 15th
day of November 2021.at 5:30 p.m, in
Black Hawk Countythe Harold E.Getty Council Chambers in
the City Hall in the City of Waterloo,Iowa,
a public hearing will be held by the
Council of the City of Waterloo, Iowa.to
authorize the sale and conveyance of
property located northeast of the Levers-
ee Road and Lake Street intersection.to
Zydeco Investments, LLC (for CPM
I do solemnly swear that the annexed copy of notice was published in plant), in the amount of S1,170,000.
the WATERLOO/CEDAR FALLS COURIER, a daily newspaper acludinngegantDevelopment unds,optionAforeement in-
acquisition
printed in WATERLOO, Black Hawk Count Iowa, and that the aof t fifty
and tax rebates for fifteen years
y, y percent.and Minimum Assessment
annexed rate of advertisingis the regular legal rate of said Agreement at S8.000.000,for the devel-
opment of a 170,000 square foot building..
newspaper, and that the following is a correct bill for publishing said LANID TOcBE CONVEYED: LOT 4 OF
notice. WATERLOO AIR AND RAIL PARK
SECOND ADDITION
LAND WITH OPTION TO BE CON-
VEYED LOT 5 OF WATERLOO AIR
Waterloo, Cityof Legals AND RAIL PARK SECOND ADDITION
- 9 Anyone who is interested may appear at
said time and place and be heard or may
file written objection with the City Clerk,
City Hall.Waterloo.Iowa,before the date
715 MULBERRY ST. set for said hearing.
By order of the Council of the City of
Waterloo this 1st day of November 2021.
WATERLOO IA 50703 Kelley Felchle.City Clerk
ORDER NUMBER 205583
Signed
Subscribed and sworn to before me this I Dday of Iv n\j , 2021.
azintua.,-yr2s±,_p_p-u,2
Notary Public
Received ofCr"-fl'
Of— Wa to rrI n Q
the sum of 18 . 38 Dollars in full
for publication of the above invoice.
Notary Seal: 4 CARMEN MAE STEPHENS
2 +-> ' COMMISSION NO.333851
ct, m* MY C MMI 10 IRES
Section: Legals Ewa '' •
Category: 950 Legal Notice
PUBLISHED ON: 11/05/2021
TOTAL AD COST: 18.38
FILED ON: 11/8/2021