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Home My WebLink About2023-606-10.02.2023 (RECORDED) IIIIM1E01E010111010111 111111 I 0 01111 11 Doc ID: 012029610003 Type: GEN Recorded: 11/02/2023 at 11:55:10 AM Fee Amt: $17.00 Page 1 of 3 Black Hawk County Iowa SANDIE L. SMITH RECORDER Fi1e2024-00005895 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-606 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED AT 1525 OAKWOOD DRIVE, IN THE AMOUNT OF $15,100.00, TO CASTRO PROPERTIES, LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of property located 1525 Oakwood Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 45 IN GREENBRIER FOURTH ADDITION, BLACK HAWK COUNTY, IOWA WHEREAS, an offer to purchase said city-owned property, in the amount of$15,100.00, has been made by Castro Properties, LLC, and WHEREAS, a public hearing was held on October 2, 2023, at 5:30 p.m. in the Harold E. Getty Council Chambers, 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 Castro Properties, LLC, for rehabilitation of the property at 1525 Oakwood Drive, and WHEREAS, it is the opinion of this Council that the 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 city-owned property located at 1525 Oakwood Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on September 23, 2023, is not presently needed, and will not be needed in the foreseeable future for municipal purposes, and its ownership is serving no municipal purpose. 2. That the offer of Castro Properties, LLC, to purchase the city-owned property located at 628 W. Parker Street, in the City of Waterloo, Iowa, in the amount of$15,100.00, is hereby accepted for said property. 3. That the City of Waterloo, Iowa conveys said parcel of real property to Castro Properties, LLC, by quit claim deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said quit claim deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the Community Planning and Development Director is authorized and directed to deliver said deed of conveyance to Castro Properties, LLC, upon execution of said document and receipt of payment of$15,000.00, with the sum of$1,000.00 earnest money to be applied to the purchase price at closing. PASSED AND ADOPTED this 2nd day of October 2023. o0 °Xp CSC ( (71) Resolution 2023-606 Page 2 aterduz SIGNE6 Quentin Hart, Mayor ATTEST: 7(elley Felchle s� Ii; Kelley Felchle, City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2023-606 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 2°d day of October 2023. Witness my hand and seal of office this 2'd day of October 2023. 7(elley Felchle [WA LLY .14 Kelley Felchle, City Clerk SEAL WA r...,xl... ,. ,erne M, lin ■l III II U 1 I t .x` _-'�",+"" 0 *** Proof of Publication State of Iowa NOTICE OF PUBLIC HEARING TO WHOM IT MAY CONCERN: Black Hawk County Notice is hereby given that on the 2nd day of October 2023,at 5:30 p.m.,in the Harold E.Getty Council Chambers in the City Hall in the City of Waterloo,Iowa,a public hearing will be held by the Council of the City of Waterloo.Iowa,for the sale and conveyance of city-owned property located at 1525 Oakwood Drive, in the amount of$15,100.00 to Castro Proper- ties, LLC, including a Development Agreement,legally described as follows: LOT 45 IN GREENBRIER FOURTH Waterloo, City of- Legals ADDITION, BLACK HAWK COUNTY. IOWA. Accounts Pa able Anyone who is interested may appear at y said time and place and be heard or may file written objection with the City Clerk, 715 MULBERRY ST. City Hall,Waterloo.Iowa,before the date set for said hearing. By order of the Council of the City of WATERLOO IA 50703 Waterloo this 18th day of September 2023. Kelley Felchle,City Clerk City of Waterloo,Iowa ORDER NUMBER 229034 The undersigned, being duly sworn, on oath, do depose and say that I am an authorized employee of the Waterloo Cedar Falls Courier, that The Waterloo Cedar Falls Courier is a weekly newspaper regularly published and printed in the English language in the City of Waterloo, Black Hawk County, Iowa, and has a general circulation in the said city and county; and that I personally know that the notice, a true copy of which is hereto affixed, was published in the Waterloo Cedar Falls Courier on the following days, to-wit: Section: Legals Category: 950 Legal Notice PUBLISHED ON: 09/23/2023 TOTAL AD COST: 37.21 FILED ON: 9/25/2023 That the issues of said paper containing said notice were duly circulated in the regular manner. aels,cereb Notary Public in and for Said County Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-606 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY LOCATED AT 1525 OAKWOOD DRIVE, IN THE AMOUNT OF $15,100.00, TO CASTRO PROPERTIES, LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of property located 1525 Oakwood Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 45 IN GREENBRIER FOURTH ADDITION, BLACK HAWK COUNTY, IOWA WHEREAS, an offer to purchase said city -owned property, in the amount of $15,100.00, has been made by Castro Properties, LLC, and WHEREAS, a public hearing was held on October 2, 2023, at 5:30 p.m. in the Harold E. Getty Council Chambers, 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 Castro Properties, LLC, for rehabilitation of the property at 1525 Oakwood Drive, and WHEREAS, it is the opinion of this Council that the 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 city -owned property located at 1525 Oakwood Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on September 23, 2023, is not presently needed, and will not be needed in the foreseeable future for municipal purposes, and its ownership is serving no municipal purpose. 2. That the offer of Castro Properties, LLC, to purchase the city -owned property located at 628 W. Parker Street, in the City of Waterloo, Iowa, in the amount of $15,100.00, is hereby accepted for said property. 3. That the City of Waterloo, Iowa conveys said parcel of real property to Castro Properties, LLC, by quit claim deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said quit claim deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the Community Planning and Development Director is authorized and directed to deliver said deed of conveyance to Castro Properties, LLC, upon execution of said document and receipt of payment of $15,000.00, with the sum of $1,000.00 earnest money to be applied to the purchase price at closing. PASSED AND ADOPTED this 2nd day of October 2023. Resolution 2023-606 Page 2 ATTEST: Kelley Felchle Kelley Felchle, City Clerk CERTIFICATE Qc ea tz 9-(ar� Quentin Hart, Mayor I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution No. 2023-606 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 2nd day of October 2023. Witness my hand and seal of office this 2nd day of October 2023. Kelley Felchle Kelley Felchle, City Clerk SEAL G