HomeMy WebLinkAbout2009-1163-11/23/2009RESOLUTION NO. 2009-1163
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF 3.317 ACRES OF EXCESS RIGHT-OF-
WAY GENERALLY LOCATED AT THE SOUTHEAST CORNER
OF GREENHILL ROAD AND UNIVERSITY AVENUE FOR
$61,007.00, PLUS COSTS, AND AUTHORIZING THE
MAYOR AND DEPUTY CITY CLERK TO EXECUTE AND
DELIVER 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 parcels of real
property in the sum of $61,007.00, plus costs, has been made by
Lockard Development, Inc., and
WHEREAS, a public hearing was held on November 23, 2009, at
5:30 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 Lockard Development, 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
November 19, 2009, 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 Lockard Development, Inc., to
purchase real property for the sum of $61,007.00, and costs, be
and it is hereby accepted for real property described below:
A survey of Parcel "H" of the Southwest quarter (SW 1/)
of Section 21, Township 89 North, Range 13 West of the
5th Principal Meridian, in the City of Waterloo, Black
Hawk County, State of Iowa, and being more particularly
described as follows:
Commencing at the intersection of the West line of
Alabar Hills Second Addition, City of Waterloo, Black
Hawk County, Iowa, and the North right-of-way line of
Flower Street; thence N89045112"W 88.73 feet along the
Westerly extension of the North right-of-way line of
Flower Street to the Southwest corner of the East 254
feet of the West half (W 3�) of the said Southwest
quarter (SW %) of Section 21 lying North of Flower
Street and the point of beginning; thence N00019142"E
150.00 feet along the West line of said East 254 feet
of the West half (W 34) of the Southwest quarter (SW 1/)
of Section 21, said West line also being the East line
of the Southeasterly right-of-way line of South Hackett
Road bypass as shown in Misc. Book 266, Page 396;
thence N71029132"W 359.20 feet; thence S30023149"W
525.49 feet; thence S47008119"E 146.00 feet at right
angle to the longest Southeasterly right-of-way line of
the South Hackett Road bypass as shown in Misc. Book
266, Page 396; thence N4205114111E 395.00 feet along
said longest Southeasterly right-of-way line to the
Westerly extension of the aforesaid North right-of-way
Resolution 2009-1163
Page 2
line of Flower Street and the East/West line of the
said Southeasterly right-of-way line of the South
Hackett Road bypass; thence S89045'12"E 229.95 feet
along said Westerly extension of the North line of
Flower Street and East/West line of the Southeasterly
right-of-way line of the South Hackett Road bypass to
the point of beginning containing 144,473.6 square feet
(3.317 acres), all in the City of Waterloo, Black Hawk
County, Iowa.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to Lockard Development, Inc., by deed.
4. That the Mayor and Deputy City Clerk are hereby
authorized to execute and deliver deed to Lockard Development,
Inc.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the Deputy City Clerk is authorized and directed
to deliver said deed of conveyance to Lockard Development, Inc.,
upon receipt of the sum of $61,007.00, and costs.
PASSED AND ADOPTED this 23rd day of November, 2009.
Tim Hurley, Mayor
ATTEST:
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Carailor, Deputy City Clerk