HomeMy WebLinkAbout1989-134-03.27.1989 RESOLUTION NO. 1989-134
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF
THE NORTH 30 FEET OF EAST SAN MARNAN DRIVE RIGHT-OF-WAY
ADJOINING LOT 3 , SOUTHBROOKE SECOND ADDITION TO TUVE
INVESTMENTS, INC. FOR $4 , 950. 00 , PLUS COSTS AND
AUTHORIZING THE MAYOR 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 certain parcel of real
property in the sum of $4 ,950 . 00 , plus costs, has been made by
Tuve Investments, Inc. , and
WHEREAS, a public hearing was held on March 13 , 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 Tuve Investments, Inc. , 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
February 24, 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 Tuve Investments, Inc. to purchase
real property for the sum of $4 ,950 . 00 and costs be, and it is
hereby accepted for real property described below:
Beginning at the southeast corner of Lot 2 of Southbrooke
Second Addition; thence south along the extended easterly
line of said Lot 2 a distance of 30 feet; thence westerly
along a line 30 feet south of and parallel to the southerly
line of said Lot 2 a distance of 110 feet; thence northerly a
distance of 30 feet to the southwest corner of said Lot 2;
thence easterly to a point of beginning, 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.
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to Tuve Investments, Inc. by Quit Claim Deed.
4 . That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Tuve Investments, Inc.
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 Tuve Investments, Inc. upon
receipt of the sum of $4,950. 00, and costs.
PASSED AND ADOPTED this 27th day of March, 1989 .
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`yam ��,, t � t 4,1:4,
Bernard L. McK nley, Mayor
ATTEST:
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Larry7Q
P. rger, C' Clerk/Auditor
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