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HomeMy WebLinkAbout1989-010-01.09.1989 RESOLUTION NO. 1989-10 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF ARBOR STREET TO WATERLOO LUMBER FOR $800 . 00, PLUS COSTS AND TO IOWA TERMINAL AND WAREHOUSE, INC. (KROBLIN REFRIGERATED EXPRESS ) FOR $800 . 00, PLUS COSTS, AUTHORIZING THE MAYOR PRO TEM AND CITY CLERK TO EXECUTE AND DELIVER A 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 Arbor Street has been made by Waterloo Lumber Company for the sum of $800 . 00, plus costs, and Iowa Terminal and Warehouse, Inc. (Kroblin Refrigerated Express) for $800 . 00 , plus costs, and WHEREAS, a public hearing was held on January 9 , 1989, at 7 : 00 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 Waterloo Lumber Company and Iowa Terminal and Warehouse, Inc. (Kroblin Refrigerated Express) , Waterloo, Iowa, 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 December 27 , 1989, 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 Waterloo Lumber Company to purchase real property for the sum of $800 . 00 and costs be, and it is hereby accepted for real property described below: The south and southeasterly one-half of that street conveyed to the City of Waterloo on July 3 , 1951 and known as Arbor Street extending from the northeasterly line of Commercial Street to a line 20 feet west of and parallel to the east line of Lots 34 and 35 in South Waterloo Addition, said street being 50 feet in width, all in the City of Waterloo, Black Hawk County, Iowa; with the City' s retention of a permanent utility easement over, under and above the above described parcel; and that the offer of Iowa Terminal and Warehouse, Inc. (Kroblin Refrigerated Express ) to purchase real property for the sum of $800 . 00 and costs be, and it is hereby accepted for real property described below: The north and northwesterly one-half of that street conveyed to the City of Waterloo on July 3 , 1951 and known as Arbor Street extending from the northeasterly line of Commercial Street to a line 20 feet west of and parallel to the east line of Lots 34 and 35 in South Waterloo Addition, said street being 50 feet in width, all in the City of Waterloo, Black Hawk County, Iowa; with the City' s retention of a permanent utility easement over, under and above the above described parcel. Resolution No. 1989-10 Page 2 3 . real property That tohwa��rloo Lumber f Waterloo, Com Iowa, convey said parcels of Warehouse, Inc. (Kroblin RefrigeratedaExpress)ny and obywa Terminal Quit Claimand Deed. 4 . That the Mayor Pro Tem and City Clerk are hereby authorized to execute and deliver deeds to Waterloo Lumber Company and Iowa Terminal and Warehouse, Inc. (Kroblin Refrigerated Express) . 5 . That the original of said deeds fully executed and acknowledged is hereby approved and confirmed by the Council. 6. That the City Clerk is authorized and directed to deliver said deeds of conveyance to Waterloo Lumber Company and upon receipt of the sum of $800 . 00, and costs, and Iowa Terminal and Warehouse, Inc. (Kroblin Refrigerated Express) upon receipt of the sum of $800. 00, and costs. 2 PASSED AND ADOPTED this 9th day of January, 1989. o co n .. 0C) ��J 1 f . ‘75-2-47-4";,S7 ca ^ Robert J Brown, Mayor Pro Tem ATTEST:•~ 77 Larr P urger, y erk/Auditor