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HomeMy WebLinkAbout2010-650-07/26/2010RESOLUTION NO. 2010-650 RESOLUTION ACCEPTING AND APPROVING CERTAIN ACQUISITION CONTRACT CONDITIONAL OFFER TO SELL REAL PROPERTY TO THE CITY AND ACCEPTING AND APPROVING CERTAIN DEED IN CONJUNCTION WITH THE HAZARD MITIGATION GRANT PROGRAM PROPERTY ACQUISITION PROJECT. WHEREAS, the City of Waterloo, Iowa, has had the parcel described herein appraised and the fair market value ascertained, and WHEREAS, the acquisition of the hereinafter described parcel is in conjunction with the Hazard Mitigation Grant Program Property Acquisition Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the contract for the parcel hereinafter described to sell the same to the City of Waterloo, Iowa, all of which is situated in the City of Waterloo, Black Hawk County, Iowa, is 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 property from the owners thereof, and the deed for the conveyance of the same is also accepted and approved and the City of Waterloo is directed to pay for the property from City funds. The subject address is: Owners - James R. Sulentic and Richard J. Malcolm, Jr. Address - 234 Greenwood Avenue Total Acquisition - $87,000.00 Auditor Barnes Plat No. 4 Waterloo Lots 10, 11, 12, 13, 14, 15, 16 and 17, all in the City of Waterloo, Black Hawk County, Iowa. PASSED AND ADOPTED this ATTEST: f Suzy Sc res, CMC City Clerk 26th da of July, 2010. // du Ernest G. Clark, Mayor