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HomeMy WebLinkAbout2010-759-8 /23/20106 'Z- 14 ►4 =0CD C L 1.I r 1jDc--% P° -Z RESOLUTION NO. 2010-759 iii►ii�iiiiiiiiii►ilii►ilii►i►1111111►ilii►ilii►iiiiiiiii►iiii►►iiiiiii►iiiiiiii Doc ID: 004306090002 Type: GEN Kind: RESOLUTION Recorded: 11/08/2010 at 10:16:30 AM Fee Amt: $14.00 Pape 1 of 2 Black Hawk County Iowa JUDITH A MCCARTHY RECORDER File2011-00009222 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF THE REMAINING PORTION OF CITY - OWNED VACATED ELM STREET GENERALLY LOCATED NEXT TO 328 ELM STREET FOR $1.00, 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 $1.00, plus costs, has been made by Fortunes Tap, and WHEREAS, a public hearing was held on August 16, 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 Fortunes Tap, 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 August 12, 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 Fortunes Tap to purchase real property for the sum of $1.00, and costs, be and it is hereby accepted for real property described below: That part of Elm Street in Lane and Fowler Second Addition, Waterloo, Black Hawk County, Iowa, described as follows: Beginning at the Southeast corner of Lot Ten (10), Block Fourteen (14) aforesaid Second Addition; thence North along the East line of said Block Fourteen (14) to the Northeast corner of Lot One (1) Block Fourteen (14); thence East to the Northwest corner of Lot Four (4) Block Thirteen (13) said Second Addition; thence South along the West line of said Block Thirteen (13) to the Southwest corner of Lot Seven (7), said Block Thirteen (13); thence Northwesterly to the point of beginning; except the West Six (6) feet thereof; all in the City of Waterloo, Black Hawk County, Iowa; Except that part of Elm Street in Lane and Fowler Second Addition, Waterloo, Black Hawk County, Iowa, described as follows: Beginning at the Southeast comer of Lot Ten (10), Block Fourteen (14) aforesaid Second Addition; thence North Two Hundred Forty-five (245) feet along the East line of said Block Fourteen (14); thence East at Ninety (90) degrees from the previous course Sixty (60) feet to a point on the West line of Lot Four (4), Block Thirteen (13) said Second Addition; thence South along the West line of said Block Thirteen (13) to the Southwest 11 Resolution No. 2010-759 Page 2 corner of Lot Seven (7), said Block Thirteen (13); thence Northwesterly to the point of beginning; except the West Six (6) feet thereof; subject to city's retention of a permanent utility; and ingress/egress easement over, under and upon the described area, all in the City of Waterloo, Black Hawk County, Iowa; for $1.00, plus costs. 3. That the City of Waterloo, Iowa, convey said parcels of real property to Fortunes Tap by deed. 4. That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Fortunes Tap. 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 Fortunes Tap upon receipt of the sum of $1.00, and costs. PASSED AND ADOPTED this 23rd day of August, 2010. vj / 441 E st G. Clark, Mayor ATTEST: Suzy S h res, CMC City Clerk