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HomeMy WebLinkAbout2023-565-09.18.2023 (RESCINDED) Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-565 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED AT 3921 MIDWAY DRIVE, IN THE AMOUNT OF $15,000.00, TO DUSTIN ARENDS D/B/A ARENDS INVESTMENTS, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of property located at 21 Midway Drive, in the City of Waterloo, Iowa, and legally described as follows: ` //h/k, LOT NO. W-SEVENTY-SIX (W-76) IN "CEDARLO/ I/iK", IN BLACK HAWK COUNTY, IOWA WHEREAS, an offer to purchase said city-owned property, in the amount of$15,000.00, has been made by Dustin Arends, D/B/A Arends Investments, and WHEREAS, a public hearing was held on September 18, 2023, at X30 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 prei ises owned by the City of Waterloo, Iowa, to Dustin Arends, D/B/A Arends Investments, for the demolition of the existing home and construction of a new duplex, and WHEREAS, it is the opi n of this Council that the sale and conveyance should be made as proposed. NOW, THEREFORE, IT IS HEREB�RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLO S. 1. The city-owned property located at 3921 Midway Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on August 19, 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 Dustin Arends, D/B/A Arends Investments, to purchase the city- owned property, located at 3921 Midway Drive, in the City of Waterloo, Iowa, in the amount of $15,000.00, is hereby accepted for said property. 3. That the City of Waterloo, Iowa conveys said parcel of real property to Dustin Arends, D/B/A Arends Investments, 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 Dustin Arends, D/B/A Arends Investments, 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. Resolution 2023-565 Page 2 PASSED AND ADOPTED this 18th day of September 2023. Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk CERTIFICATE I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do here y certify that the preceding is a true and complete copy of Resolution No. 2023-565 as passed and adopted by the City Council of the City of Waterloo, Iowa, the 18th day of September 2023. Witness my hand and seal of ofthis 1 h day o �ptember 2023. Kelley Felchle, City Clerk yr/ 0io�, SEAL Ar / Y R � r Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-565 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY LOCATED AT 3921 MIDWAY DRIVE, IN THE AMOUNT OF $15,000.00, TO DUSTIN ARENDS D/B/A ARENDS INVESTMENTS, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of property located at 3921 Midway Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT NO. W-SEVENTY-SIX (W-76) IN "CEDARLOO PARK", IN BLACK HAWK COUNTY, IOWA WHEREAS, an offer to purchase said city -owned property, in the amount of $15,000.00, has been made by Dustin Arends, D/B/A Arends Investments, and WHEREAS, a public hearing was held on September 18, 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 Dustin Arends, D/B/A Arends Investments, for the demolition of the existing home and construction of a new duplex, 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 3921 Midway Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on August 19, 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 Dustin Arends, D/B/A Arends Investments, to purchase the city - owned property, located at 3921 Midway Drive, in the City of Waterloo, Iowa, in the amount of $15,000.00, is hereby accepted for said property. 3. That the City of Waterloo, Iowa conveys said parcel of real property to Dustin Arends, D/B/A Arends Investments, 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 Dustin Arends, D/B/A Arends Investments, 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 18th day of September 2023. Resolution 2023-565 Page 2 ATTEST: Kelley Felchle Kelley Felchle, City Clerk CERTIFICATE 62(terdi z >irt 717 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. 2023-565 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 18th day of September 2023. Witness my hand and seal of office this 18th day of September 2023. (elley Felchle Kelley Felchle, City Clerk SEAL 0