HomeMy WebLinkAbout1982-225-06.07.1982 RESOLUTION NO. 1982-225
A RESOLUTION AUTHORIZING THE SAME OF DISPOSAL
PARCEL NO. A- 15 IN THE WESTFIELD-VIRDEN URBAN
RENEWAL AREA, PROJECT NO. IOWA R-7 .
WHEREAS , an Urban Renewal Plan for the Westfield-Virden Urban
Renewal Area , Project Iowa R-7 , adopted by the City Council of the City
of Waterloo , Iowa by Ordinance No . 2319 , passed on the 2nd dday of
February , 1965 , and amended by Ordinance No . 2329 passed on the 6th day
of April , 1965 , and Ordinance No. 2321 on the 14th day of September ,
1965.
WHEREAS , the sale of a parcel of land described as Disposal Parcel
No. A- 15 in the Westfield-Virden Urban Renewal Area , Project No. Iowa
R-7 , more particularly described as :
Lot No . 8, Auditor Francis Replat of Lots 2 , 3 and 4 of
Assessor Lelands Plat No . 1 , Waterloo , Black Hawk County ,
Iowa ,
which has been acquired for Urban Renewal purposes , is necessary to carry
out the aforementioned Urban Renewal Plan ; and
WHEREAS , Della M. Randolph has made an offer to purchase parcel of
land for the sum of $100 cash upon delivery of deed ; and
â–ºWHEREAS , the sale of said land under the conditions described herein
has been approved by the Community Development Board , the agency of the
City of Waterloo having supervision and management of such land at its
Board meeting held May 11 , 1982.
NOW , THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO , IOWA:
1. That the terms and conditions of the proposed agreement for the
sale of the subject disposal parcel in the Westfield-Virden Urban Renewal
Area , Project Iowa R-7 , more particularly described as :
Lot No . 8 Auditor Francis Replat of Lots 2 , 3 and 4 of
Assessor Lelands Plat No. 1 , Waterloo , Black Hawk County , Iowa ,
as set forth in the Proposal to Purchase Property for Private
Redevelopment executed by Della M. Randolph and the approved Contract for
Sale of Land for Private Redevelopment are satisfactory and hereby
approved.
2 . That the Community Development Board agrees that the proposed
redevelopment of said land is the best use of the land in accordance with
the Urban Renewal Plan , and therefore , disposal of said land to Della M.
Randolph is based on the Proposal to Purchase Property for Private
Redevelopment submitted by Della M. Randolph .
3. That the prospective purchaser possesses the qualifications and
financial resources necessary to acquire and develop said land in
accordance with the Urban Renewal Plan .
RESOLUTION NO. 1982-225 CONTINUED :
4 . That the proposed purchase price of one hundred dollars
($100 ) is the fair market value of the land.
5. That the Community Development Staff be and it is hereby
authorized to prepare a deed for the conveyance of said property
,end to submit the same to this Council for final approval and
*xecution' in the event said offer is accepted.
7.
6. That this action of the Council be considered to be and
`-fin fact does constitute a notice to all concerned of the intention
of the C6'uncil to accept the offer of Della M. Randolph after
hearing and notice.
7. That the City Clerk be and is authorized and directed to
-publish a Notice of Hearing in conformance with the 1979 Code of
Iowa , as amended.
vl
ru m7Passed and adopted this 7th day of June , 1982.
a Leo P . Rooff , May r
1,
ATTEST
r P urger, ty Clerk/Auditor