HomeMy WebLinkAbout27179 RESOLUTION NO. ,2 7 1 7 9
A RESOLUTION AUTHORIZING THE SALE OF DISPOSAL PARCEL NO. 32 IN THE LOGAN AVENUE
URBAN RENEWAL AREA, PROJECT NO. IOWA R-2
WHEREAS , an Urban Renewal Plan for the Logan Avenue Urban Renewal Area,
Project No. Iowa R-2, was adopted by the City Council of the City of Waterloo,
Iowa, by Ordinance No. 2202 passed on the 3rd day of January, 1961.
WHEREAS, the sale of a parcel of land described as Disposal Parcel
in the Logan Avenue Urban Renewal Area, Project No. Iowa R-2, situated in Black
Hawk County, Iowa, more particularly described as :
Cooley Addition Waterloo, the West 30 feet of Lot 3, Block 66 and all of
Lot 6, Block 66, in Black Hawk County, Iowa
which has been acquired for Urban Renewal purposes, is necessary to carry out the
aforesaid Urban Renewal Plan; and
WHEREAS, said parcel of land is zoned Residential under the zoning
ordinance of the City of Waterloo and said Urban Renewal Plan;
WHEREAS, Clay Wilder, Jr. and Claudia Wilder, have made an offer to
purchase said parcel of land for the sum of One Thousand Three Hundred Fifty
dollars ($1,350.00) cash upon delivery of a deed; and
WHEREAS, the sale of said land under the conditions described herein has
been approved by the Community Development Board, the agency of the City of Waterloo
having supervision and management of such land at its Board Meeting
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA:
1. That the terms and conditions of the proposed agreement for the sale
of the subject disposal parcel in the Logan Avenue Urban Renewal Area, Project
Iowa R-2, more particularly described as :
Cooley Addition Waterloo, the West 30 feet of Lot 3, Block 66 and all of
Lot 6, Block 66, in Black Hawk county, Iowa
as set forth in the Proposal to Purchase Property for Private Redevelopment executed by
Clay Wilder, Jr. and Claudia Wilder and the approved Contract for Sale of Land
for Private Redevelopment are satisfactory and hereby approved
2. That the Community Development Board agrees that the proposed redevelopment
of said land is the best use of the land in accordance with the Urban Renewal Plan,
and therefore, disposal of said land to Clay Wilder, Jr. and Claudia Wilder
is based on the Proposal to Purchase Property for Private Redevelopment submitted by
Clay Wilder, Jr. and Claudia Wilder
3. That the prospective purchaser possesses the qualifications and financial
resources necessary to acquire and develop said land in accordance with the Urban
Renewal Plan.
4. That the proposed purchase price of One Thousand Three Hundred Fifty
dollars ($1,350.00) is the fair market value of the land
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5. That the Community Development Staff be and it is hereby authorized to
prepare a deed for the conveyance of said property and to submit the same to this
Council for final approval and execution in the event said offer is accepted.
6. That this action of the Council be considered to be and in fact does
constitute a notice to all concerned of the intention of the Council to accept the offer
of Clay Wilder, Jr. and Claudia Wilder
to purchase said parcel and to give a deed to the same after hearing and notice.
7. That the City Clerk be and is authorized and directed to publish a
Thirty (30) Day Notice of Hearing in conformance with Section 403.8(2) of
the 1958 Code of Iowa.
Passed and adopted this j day of AU G S1 , 1920
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Mayor
ATTEST:
City Clerk