HomeMy WebLinkAbout2010-499-6 /21/2010RESOLUTION NO. 2010-499
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY -OWNED PROPERTY GENERALLY
LOCATED AT THE NORTHWEST CORNER OF JEFFERSON
AND WEST 6TH STREETS, FOR $1.00, PLUS COSTS,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE AND DELIVER DEED FOR SAME.
WHEREAS, the City of Waterloo, Iowa, is the owner of real
property in the City of Waterloo, Iowa, as described below, and
WHEREAS, an offer to purchase said certain parcels of real
property in the sum of $1.00, plus costs, has been made by
Farmers State Bank, and
WHEREAS, a public hearing was held on June 21, 2010, at 5:30
p.m. in the Council Chambers in City Hall, Waterloo, Iowa, as
provided by law, by the Council of the City of Waterloo, Iowa, on
the proposal to sell and convey premises owned by the City of
Waterloo, Iowa, to Farmers State Bank, and
WHEREAS, it is the opinion of this Council that sale and
conveyance should be made as proposed.
NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE COUNCIL OF THE
CITY OF WATERLOO, IOWA, AS FOLLOWS:
1. The following described real property, as fully
described in the published notice in the Waterloo Courier on
June 17, 2010, is not presently needed and will not be needed in
the foreseeable future for municipal purposes and its ownership
is serving no municipal purpose, and
2. That the offer of Farmers State Bank to purchase real
property for the sum of $1.00, and costs, .be and it is hereby
accepted for real property described below:
Original Plat Waterloo West Southeast 20 Feet Lot 8,
Lot 9, and Lot 10, Block 9, all in the City of
Waterloo, Black Hawk County, Iowa;
for $1.00, plus costs.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to Farmers State Bank by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Farmers State Bank.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to Farmers State Bank upon
receipt of the sum of $1.00, and costs.
Resolution No. 2010-499
Page 2
PASSED AND ADOPTED this 21St day
of
June,
2010.
Erne
G.
Cl rk,
May
ATTEST:
4
Suzy res, CMC
City Clerk