HomeMy WebLinkAbout1990-098-02.19.1990 •
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RESOLUTION NO. 1990-98
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H RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION
0 CONTRACTS TO SELL REAL PROPERTY TO THE CITY AND
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 ,
I -H
WHEREAS, the acquisition of the hereinafter described
parcels is necessary to carry out the Greenhill/Sager Project,
1X-6560( 2) 79-07.
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:
Parcel No. 1030
Fred Lembke, 1030 Progress Avenue
Total Ac uisltion - $49 000. 00
Lot No. W-Thirty-seven (W-37) in Cedarloo Park, all in the
City of Waterloo Black Hawk County, Iowa.
Containing approximately 19, 190. 0 S.F.
Parcel No. 3912
Robert E. Fisher, 3912 Sager Avenue
Total Ac uisition $50 500. 00
Lot Number W-Thirty-eight (W-38) in Cedarloo Park, Black
Hawk County, now in the City of Waterloo, Iowa.
Containing approximately 18, 000 S.F.
PASSED AND ADOPTED this 19th day of February, 1990.
/22
Bernard L. Mc n ey, Mayor
ATTEST:
Larr P. urger, ' ty Clerk/ATITIT