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HomeMy WebLinkAbout2010-11-1 /11/2010W�d Wqev Wks ��5/2�010 RESOLUTION NO. 2010-11 11111111111111 III Ilill IIIII Ilill 11111 11111 Ilill 11111111111111111111 IIIiI 11111111 Doc ID: 004094850001 Type. GEN Kind: RESOLUTION Recorded: 03%30/2010 at 11:18:08 AM Fee Amt: $9.00 Page 1 of 1 Black Hawk County Iowa JUDITH A MCCARTHY RECORDER File2010-00017953 RESOLUTION APPROVING RELEASE OF REAL ESTATE MORTGAGE WITH KENNETH R. WYANT FOR 109 E. EAGLE ROAD, FORMERLY KNOWN AS 19 E. EAGLE ROAD, FOR PAYMENT OF PROMISSORY NOTE IN CONJUNCTION WITH THE KIMBALL SOUTH RURAL WATER MAIN PROJECT AND DIRECTING EXECUTION OF SAID RELEASE OF REAL ESTATE MORTGAGE BY MAYOR. WHEREAS, Kenneth R. Wyant has paid the Waterloo Water Works the remaining balance of the Promissory Note and Mortgage for 109 E. Eagle Road, formerly known as 19 E. Eagle Road, in conjunction with the Kimball South Rural Water Main Project for the following described property: Commencing at the Southwest corner of the Southwest Quarter (SWY44) of Section No. Fifteen (15) Township No. Eighty -Seven North (87 N), Range No. Thirteen (13) West of the Fifth Principal Meridian, Black Hawk County, Iowa; thence .running East on Section line twenty (20) rods; thence North Eight (8) rods; thence West twenty (20) rods; thence South on Section line eight (8) rods to place of beginning, all in the City of Waterloo, Black Hawk County, Iowa. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Release of Real Estate Mortgage dated January 11, 2010, for payment of Promissory Note in conjunction with the Kimball South Rural Water Main Project, by and between Kenneth R. Wyant and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 11th day of January, 2010. E est G. Clark, Mayor