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HomeMy WebLinkAbout1990-131-03.12.1990 ij � o n Cu CI) s C) 0 0, E-+ L1 ' RESOLUTION NO. 1990-131 E1 E-1 n H H HE-+ s RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION s °s vC CONTRACTS TO SELL REAL PROPERTY TO THE CITY AND o s 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 West Ridgeway Avenue Reconstruction Project, Contract No. 383 . 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: Iowa Department of Transportation Total Acquisition - $1. 00 A parcel of land located in part of the NW Fri 1/4 and the NE Fri 1/4 of Sec. 5, T88N, R13W of the 5th P.M. , City of Waterloo, Black Hawk County, Iowa, more particularly described as follows: Commencing at the NW Corner of the NW Fri 1/4 of said Sec. 5; thence N90°00 'E 640. 0 ft. , along the north line of said Sec. 5 to the Point of Beginning; thence S00°02 1/2 'W 135. 0 ft. along a line 640. 0 ft. easterly of and parallel to the west line of said Sec. 5; thence N90°00 'E 339. 9 ft. ; thence NOO°00 'E 35. 0 ft. ; thence N90°00 'E 600.0 ft. ; thence S00°00 'W 35. 0 ft. ; thence N90°00 'E 1065. 2 ft. ; thence N89°58 1/2 'E 485. 0 ft. ; thence S40°49 'E 57. 0 ft. ; thence S49°11 'W 100 . 0 ft. ; thence S40°49 'E 48. 0 ft. to a point on the centerline of West 4th Street; thence N49°11E 428. 2 ft. along said centerline to a point on the north line of said Sec. 5; thence S89°58 1/2 'W 802 . 0 ft. along the north line of said Section 5 to the NW Corner of said NE Fri 1/4 of said Section 5; thence continuing along said north line S90°00 'W 2004.9 ft. , to the Point of Beginning, containing 8. 23 acres, more or less, including 4. 06 acres existing right of way, more or less, all in the City of Waterloo, Black Hawk County, Iowa. PASSED AND ADOPTF.n this 12th day of March, 1990. 1,1414_,c) AcleZ Bernard L. Mc inley, May r ATTEST• i /, ar y Burger, ity Clerk/Auditor