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HomeMy WebLinkAbout1990-525-09.04.1990 RESOLUTION NO. 1990-525 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACTS TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEEDS. WHEREAS, the City of Waterloo, Iowa, has had all the parcels described herein appraised and the fair market value ascertained, and WHEREAS, the acquisition of the hereinafter described parcels is necessary to carry out the Big Rock Road Reconstruction, Contract No. 395. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcels hereinafter described to sell the same to the City of Waterloo, Iowa, all of which are situated in the City of Waterloo, Black Hawk County, Iowa, are accepted and approved and the Mayor and City Clerk are authorized and directed to execute the same in behalf of the City and to execute all instruments necessary to consummate the agreement to purchase the properties from the owners thereof, and the deeds for the conveyance of the same are also accepted and approved and the City of Waterloo is directed to pay for the properties and the incidental expenses necessary to the consummation of the sales from City funds. The subject parcels are: Koehring Cranes & Excavators for $1. 00 Total Acquisition That part of the East Fractional One-half (E Frl. 1/2) of the Northwest Fractional One-Quarter (NW Frl. 1/4) of Section Three ( 3 ) , Township Eighty-nine North (T89N) , Range Thirteen West (R13W) of the Fifth Principal Meridian, City of Waterloo, Black Hawk County, Iowa, described as follows: The North Fifty-Three ( 53 . 0) feet of said East Fractional One-half (E Fri. 1/2) except the South Twenty ( 20) feet of the West Two Hundred (200) feet thereof , also excepting the East Twenty-five ( 25. 0) feet thereof, said Twenty-five ( 25 . 0) feet being the right of way of the CC&P Railroad ( former WCF&N Rapid Transit Company) , the above described parcel being subject to an existing Thirty-three ( 33 ) foot roadway easement along the North side thereof, containing 64, 986 S.F. including 42,955 S.F. existing roadway easement. Also, including that part of the Northwest Fractional Quarter (NW Fri. 1/4) of the Northeast Fractional Quarter (NE Fri. 1/4) of said Section Three ( 3) described as follows: The North Fifty-Three ( 53 . 0 ) feet of the West One Hundred Four and Two Tenths ( 104. 2) feet of said Northwest Fractional Quarter (NW Frl. 1/4) of the Northeast Fractional Quarter (NE Frl. 1/4) except the West Twenty-five ( 25. 0) feet thereof , said Twenty-five ( 25. 0) feet being the right of way of the CC&P Railroad ( former WCF&N Rapid Transit Company) , the above described parcel being subject to an existing Thirty-three ( 33) foot roadway easement along the North side thereof, containing 4,198 S.F. including 2,613 S.F. existing roadway easement, all in the City of Waterloo, Black Hawk County, Iowa. Koehring Cranes & Excavators for $1 . 00 Temporary Easement The South Ten ( 10 . 0) feet of the North Sixty-Three ( 63 . 0) feet of the East Fractional One-half (E Fri. 1/2) of the Resolution No. 1990-525 Page 2 cl: n hi Northwest Fractional One-Quarter (NW Fri. 1/4) of Section Three ( 3 ) , Township Eight-nine North (T89N) , Range Thirteen H West (R13W) of the Fifth Principal Meridian, City of o Waterloo, Black Hawk County, Iowa, except the East Twenty-five ( 25. 0) feet in even width thereof, also o excepting the West Two Hundred ( 200) feet thereof, containing 11, 015 S.F. --1 0) Q.) Also, the South Ten ( 10. 0) feet of the North Sixty-Three T ( 63. 0) feet of the West One Hundred Four and Two Tenths r0 ( 104. 2) feet of the Northwest Fractional Quarter (NW Fri. ru1/4) of the Northeast Fractional Quarter (NE Fri. 1/4) of said Section Three ( 3 ) , except the West Twenty-five ( 25 .0) feet thereof, containing 792 S.F. , all in the City of Waterloo, Black Hawk County, Iowa. PASSED AND ADOPTED this 4th day of September, 1990. G.). oti-_! tii ,.._ n E-I C 9i w. cil • Bernard L. McKinley, ayor F-I - 0 AITEST: , H -7 Larry lz). 81;r-rger, Cit lerk/Auditor ty (// o ,-.-