HomeMy WebLinkAbout1990-448-08.06.1990 RESOLUTION NO. 1990-448
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF
EXCESS RIGHT-OF-WAY LOCATED ADJACENT TO 1827 ANSBOROUGH
AVENUE AND HIGHWAY 63 TO JOHN DEERE COMMUNITY CREDIT
UNION FOR $6, 606. 00, PLUS COSTS AND AUTHORIZING THE
MAYOR AND DEPUTY 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 $6, 606. 00, plus costs, has been made by
John Deere Community Credit Union, and
WHEREAS, a public hearing was held on August 6, 1990, 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 John Deere Community Credit Union, Waterloo,
Iowa, and
WHEREAS, it is the opinion of this Council that sale and
conveyance should be made as proposed.
NOW, THEREFORE, BE IT 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 July
20, 1990, is not presently needed and will not be needed in the
foreseeable future for municipal purposes and its ownership is
serving no municipal purpose.
2 . That the offer of John Deere Community Credit Union to
purchase real property for the sum of $6, 606. 00 and costs be, and
it is hereby accepted for property described below:
A parcel of land located in the SW 1/4 of Section 27-89-13
described as follows:
Beginning at the intersection of the Southerly extension of
the Easterly line of Lot 16 of Lewis Miller' s Small Farms,
Waterloo, Black Hawk County, Iowa with the Southeasterly
line of the 20-foot alley (vacated) lying Southeasterly of
said Lot 16 said Southeasterly alley line also being the
former Northwesterly R-O-W line of the Chicago and North
Western Transportation Company; thence continuing Southerly
on the extension of the Easterly line of said Lot 16 a
distance of 37 . 10 feet to a point that is 28. 50 feet
normally distance from the Southeasterly line of said alley;
thence Southwesterly parallel and 28. 50 feet normally
distant from said Southeasterly alley line a distance of
463 . 58 feet to a point 10 feet Easterly of the Southerly
extension of the Westerly line of Lot 19 of said Lewis
Miller' s Small Farms also being the Easterly R-O-W line of
Ansborough Avenue; thence Northerly parallel with said
Southerly extension of the Westerly line of said Lot 19 a
distance of 37. 10 feet to said Southeasterly alley line;
thence Northeasterly along said Southeasterly alley line a
distance of 463 . 58 feet to the point of beginning, all in
the City of Waterloo, Black Hawk County, Iowa.
3 . That the City of Waterloo, Iowa, convey said parcel of
real property to John Deere Community Credit Union by Quit Claim
Deed.
4. That the Mayor and Deputy City Clerk are hereby
authorized to execute and deliver a deed to John Deere Community
Credit Union.
Resolution No. 1990-448
Page 2
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S. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
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That' the Deputy City Clerk is authorized and directed
to deliver said deed of conveyance to John Deere Community Credit
Union upon receipt of the sum of $6,606. 00, and costs.
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PASSED AND ADOPTED this 6th day of August, 1990.
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.1, C7', a tP Bernard L. McKinley, ayor
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Michelle Temeyer, Deputy City Clerk/Auditor
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