HomeMy WebLinkAbout2022-437-07.05.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2022-437
RESOLUTION APPROVING THE REAL ESTATE PURCHASE
AGREEMENT WITH BLACK HAWK MACHINERY SALES,
INC., FOR THE ACQUISITION OF THE FORMER ALSTADT
LANGLAS BUILDING AND PROPERTIES, GENERALLY
LOCATED AT 54 LANE STREET, IN THE AMOUNT OF
$65,000.00 PLUS UP TO $5,000.00 IN CLOSING COSTS, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Real Estate Purchase Agreement dated July 5, 2022, between Black Hawk Machinery
Sales, Inc. and the City of Waterloo, Iowa, in conjunction with the acquisition of the former
Alstadt Langlas building and properties, generally located at 54 Lane Street, in the amount of
$65,000.00 plus up to $5,000.00 in closing costs, and legally described as follows:
LOTS 1, 2 AND 3, THE SOUTH 40 FEET OF LOTS 4 AND 5, THE
EAST 40 FEET OF LOT 7, LOTS 8, 9 AND 10, EXCEPTING THE
RIGHT-OF-WAY OF THE ILLINOIS CENTRAL RAILROAD
COMPANY, AND THE EAST 220 FEET OF THE VACATED ALLEY,
ALL IN BLOCK 14, LANE AND FOWLERS SECOND ADDITION TO
THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA
AND
LOT 1 AND THAT PART OF LOTS 2 AND 3, BLOCK 15, LANE AND
FOWLERS SECOND ADDITION TO THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA, DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHEAST CORNER OF SAID BLOCK
15; THENCE SOUTH ALONG THE EASTERLY LINE OF SAID
BLOCK, 94 FEET; THENCE WEST 145.25 FEET; THENCE NORTH 94
FEET TO THE NORTH LINE OF SAID BLOCK; THENCE EAST
ALONG THE NORTH LINE OF SAID BLOCK TO THE PLACE OF
BEGINNING.
SUBJECT TO ALL, IF ANY, VALID EASEMENTS, RIGHTS OF WAY,
COVENANTS, CONDITIONS, RESERVATIONS AND
RESTRICTIONS OF RECORD.
AND
LOT NO. 6 AND A PART OF LOT NO. 7 ALL IN BLOCK NO. 14, IN
LANE AND FOWLERS SECOND ADDITION TO THE CITY OF
WATERLOO, BLACK HAWK COUNTY, IOWA, DESCRIBED AS
FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID
LOT NO. 7, THENCE EAST ALONG THE NORTH LINE OF SAID
LOT NO. 7 TO A POINT THAT IS 20 FEET EAST OF SAID
NORTHWEST CORNER; THENCE SOUTH ALONG A LINE THAT IS
PARALLEL WITH THE WEST LINE OF SAID LOT NO. 7 TO THE
SOUTH LINE OF SAID LOT NO. 7; THENCE NORTHWESTERLY
ALONG THE SOUTHERLY LINE OF SAID LOT NO. 7 TO THE
SOUTHWEST CORNER OF SAID LOT NO. 7; THENCE NORTH
ALONG THE WEST LINE OF SAID LOT NO. 7 TO THE POINT OF
BEGINNING.
Resolution 2022-437
Page 2
is hereby approved, and the Mayor and City Clerk are authorized and directed to execute
said documents on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 5th day of July 2022.
ATTEST:
LeAnn M. Even, Deputy City Clerk
CERTIFICATE
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Quentin Hart, Mayor
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. 2022-437 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 5th day of July 2022.
Witness my hand and seal of office this 5th day of July 2022.
SEAL
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LeAnn
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Deputy City Clerk