HomeMy WebLinkAboutGoldfinch S&M Properties, LLC - Special Warranty Deed - 9.6.2022 (RECORDED) IIIIM11101011011M111111110111101111111M1
Doc ID: 011830590001 Type: GEN
Recorded: 09/13/2022 at 11:54:11 AM
Fee Amt: $12.00 Page 1 of 1
Revenue Tax: $0.00
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2023-00004365
Preparer
Information Christopher S.Wendland P.O. Box 596,Waterloo, IA 50704 (319)234-5701
Address tax statement to City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703.
Return deed to:
SPECIAL WARRANTY DEED
For the consideration of One and 00/100 Dollars ($1.00) and other valuable consideration, Goldfinch S&M
Properties, LLC does hereby convey to City of Waterloo, Iowa the following described real estate in Black Hawk
County, Iowa:
The West half of the West half of Lot"F" in "Cedar Dale", in Black Hawk County, Iowa (now in the City of
Waterloo, Iowa), except the Northerly 330 feet thereof, and except that part described as follows:
Commencing at the Southeast corner of the West half of the West half of said Lot"F"; running thence
North along the East line of the West half of the West half of said Lot"F" a distance of 210 feet; thence at
right angles in a Westerly direction a distance of 60 feet; thence South along a line parallel with the East
line of the West half of the West half of said Lot"F" a distance of 210 feet to the North line of Walker
Street; thence East to the point of beginning.
Deed for reverter of title pursuant to Section 4 of Development Agreements between grantor and grantee
recorded July 16, 2020 as Doc. No. 2021-1069. Consideration less than $500.00. Exempt from real
estate transfer tax, declaration of value and groundwater hazard statement.
The grantor hereby covenants with grantees, and successors in interest, to warrant and defend the real estate
against the lawful claims of all persons claiming by, through, or under it, except as may be stated above.
Words and phrases herein, including acknowledgment hereof, shall be construed as in the singular or plural
number, and as masculine or feminine gender, according to the context.
STATE OF IOWA ) Dated: Q*-
a , 2022
ss:
BLACK HAWK COUNTY )
GOLDFINCH S&M PROPERTIES, LLC, by City of
Acknowledged before me on 2,D-� . I Z , Waterloo, Iowa, as attorney-in-fact
2022, by Quentin M. Hart and KelleyCFelchle as Mayor
and City Clerk, respectively, of the City of Waterloo,
Iowa,as attorney-in-fact for Goldfinch S&M Properties,
LLC. By: t t jj s
Quentin M. Hart, Mayor
otary Public
'' NA HICBY Attest: ?"\
COMSIONi NO.788229N iES1 Kelley Felchl,�, City Clerk
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Doc ID: 011830600002 Type: GEN
Recorded: 09/13/2022 at 11:54:43 AM
Fee Amt: $12.00 Page 1 of 2
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
File2023-00004366
.k Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, 319-291-4323.
RESOLUTION NO. 2022-577
RESOLUTION APPROVING A SPECIAL WARRANTY DEED
FOR REVERTER OF TITLE ON BEHALF OF THE CITY OF
WATERLOO AS ATTORNEY-IN-FACT FOR GOLDFINCH
S&M PROPERTIES, LLC, PURSUANT TO A DEVELOPMENT
AGREEMENT BETWEEN SAID ENTITY AND THE CITY OF
WATERLOO FOR THE REHABILITATION OF 1332 WALKER
STREET, ORIGINALLY APPROVED BY COUNCIL ON APRIL
27, 2020 AND RECORDED JULY 16, 2020 AS DOC. NO. 2021-
1069, AND LATER AMENDED BY AN AGREEMENT DATED
SEPTEMBER 28, 2020, AND RECORDED DECEMBER 17,
2020 AS DOC. NO. 2021-12970, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENT.
WHEREAS, the City of Waterloo entered into a Development Agreement, originally
approved by Council on April 27, 2020 and recorded July 16, 2020 as Doc. No. 2021-1069, and
later amended by an Agreement dated September 28, 2020, and recorded December 17, 2020 as
Doc. No. 2021-12970, with Goldfinch S&M Properties, LLC to rehab the City owned home at
1332 Walker Street, and
WHEREAS, the developer failed to complete the project per the time line provided for in
said Development Agreement, and
WHEREAS, the developer was served notice of default and failed to cure the default
within the 30 day period provided for in said notice, and
WHEREAS, a Special Warranty Deed for Reverter of Title will deed the property back to
the City of Waterloo, as provided for in said Development Agreement.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA
1. That the Resolution approving a Special Warranty Deed for Reverter of Title on
behalf of the City of Waterloo as attorney-in-fact for Goldfinch S&M Properties, LLC,
pursuant to a Development Agreement between said entity and the City of Waterloo for
the rehabilitation of 1332 Walker Street, is hereby approved.
2. That 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 6`" day of September 2022.
GI
� CI(fliYU2N"tih 1 t t1 ar"t ocam,
Quentin Hart, Mayor
ATTEST:
Resolution No. 2022-577
Page 2
R elCey Felchle si fr
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. 2022-577 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 6th day of September 2022.
Witness my hand and seal of office this 6th day of September 2022.
7(elley FelchCe 5f
Kelley Felchle, City Clerk
SEAL
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