HomeMy WebLinkAbout2010-245-4 /12/2010RESOLUTION NO. 2010-245
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF 1,200 SQUARE FEET OF CITY -OWNED
LAND ABUTTING 3900 ALEXANDRIA DRIVE FOR
$4,908.00, PLUS COSTS, AND AUTHORIZING THE
MAYOR AND 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 $4,908.00, plus costs, has been made by
D & J Investments Inc., and
WHEREAS, a public hearing was held on April 12, 2010, 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 D & J Investments 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
March 30, 2010, 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 D & J Investments Inc. to purchase
real property for the sum of $4,908.00, and costs, be and it is
hereby accepted for real property described below:
A part of the Southwest Quarter (SW1/) of Section 2,
Township 88 North, Range 13 West of the Fifth Principal
Meridian, Waterloo, Black Hawk County, Iowa, described
as follows:
Commencing at the Northeast Corner of Lot 4, Southtown,
Waterloo, Black Hawk County, Iowa, said corner also
being the Southeast corner of a tract of land described
in Land Deeds Book 560 at Page 140 in the office of the
Black Hawk County Recorder; thence N 00017130" E along
the West line of Alexandra Drive 100.00 feet to the
Northeast corner of said tract; thence S 89026130" W
138.73 feet along the North line of said tract and
parallel to the North line of Lot 4, Southtown, to the
point of beginning; thence S 00017130" W 10.00 feet;
thence S 89026130" W 120.00 feet; thence N 00017130" E
10.00 feet to the North line of a tract of land
described in Land Deed 560 at Page 143; thence N
89026'30" E 120.00 feet along the North line of said
tracts described in Land Deed Book 560 at Page 140 and
Land Deeds Book 560 at Page 143 to the point of
beginning, containing 1200 square feet, and is subject
to easements and restrictions of record, all in the
City of Waterloo, Black Hawk County, Iowa;
for $4,908.00, plus costs.
Resolution No. 2010-245
Page 2
3. That the City of Waterloo, Iowa, convey said parcels of
real property to D & J Investments Inc. by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to D & J Investments 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 D & J Investments Inc. upon
receipt of the sum of $4,908.00, and costs.
PASSED AND ADOPTED this 12th day of April, 2010.
�6i
Er est G.G. Clark, Mayor
ATTEST:
Suzy gEhlres, CMC
City Clerk