HomeMy WebLinkAbout2023-514-08.21.2023 (RESCINDED) Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-514
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY-OWNED PROPERTY, LOCATED NORTH OF 2775
CROSSROADS BOULEVARD, TO GRANT PARK, LLC, IN
THE AMOUNT OF $1.00, AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of property located north of 2775
Crossroads Boulevard, in the City of Waterloo, Iowa, and legally described a ollows:
A SURVEY OF PARCEL "F" OF THE SOUTHEAST QUA (SE 1/
SECTION 02, TOWNSHIP 88 NORTH (T88N), RANG WE R13
OF THE 5TH PRINCIPAL MERIDIAN (5TH PM), C O WA O ,
BLACK HAWK COUNTY, STATE OF IOWA, ND G E
PARTICULARLY DESCRIBED AS FOLLOWS: BEGI ING HE
NORTHEASTERLY CORNER OF LOT 4, SSROADS PLA NO. 2,
BEING A FOUND 1/2" REBAR WITH LOW P STIC CAP AND
LICENSE NUMBER 8033; THENCE SO H 0116" ST`225.09 FEET
ALONG THE NORTHWESTERLY L E F S LOT AND LOT A-3,
CROSSROADS PLAT NO. 4, TO THE N H Y CORNER OF
SAID LOT A-3, BEING A FO HE E NORTH 41°55'56"
WEST 50.00 FEET ALONG T NO W Y EXTENSION OF THE
SOUTHWESTERLY LINE F LO -3; THENCE NORTH 48000'16"
EAST 225.09 FEET PA SAI RTHWESTERLY LINES OF
LOTS 4 AND A-3 T THE NORTHW ERLY EXTENSION OF THE
NORTHEASTERLY L E OF SAID 4; THENCE SOUTH 41°55'56"
EAST 50.00 F AL G SAID NORTHWESTERLY EXTENSION TO
THE POINT BE CONTAINING 11,255 SQUARE FEET (0.258
ACRES), U THE RETENTION OF A PUBLIC UTILITY
EASE OV HE RTHEASTERLY 30 FEET OF SAID PARCEL
AND UBL UT ITY ASEMENT OVER THE NORTHWESTERLY 10
FEET A
W AS, to purchase said city-owned property, in the amount of $1.00, has
be e b rant Par , LLC, and
W AS, a public hearing was held on August 7, 2023, at 5:30 p.m. in the Harold E.
Getty Counci ambers, 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 Grant Park, LLC, for the construction of a 10,000 square foot commercial
building for retail tenants, 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 north of 2775 Crossroads Boulevard, in the City of
Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on July 29,
2023, is not presently needed, and will not be needed in the foreseeable future for municipal
Resolution 2023-514
Page 2
purposes, and its ownership is serving no municipal purpose.
2. That the offer of Grant Park, LLC, to purchase the city-owned property, located north
of 2775 Crossroads Boulevard, in the City of Waterloo, Iowa, in the amount of$1.00, is hereby
accepted for said property.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Grant Park,
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 au rized a rected to
deliver said deed of conveyance to Grant Park, LLC, upon executi aid doc ent and
receipt of payment of$1.00.
PASSED AND ADOPTED this 21gt day of August 202 .
ntin rt, Mayor
ATTEST:
Kelley Felchle, City Clerk
CERTIFICATE
ell e, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2023-514 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 21gt day of August 2023.
Witness my hand and seal of office this 21gt day of August 2023.
Kelley Felchle, City Clerk
SEAL
Resolution 2023-514
Page 3
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Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2023-514
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY -OWNED PROPERTY, LOCATED NORTH OF 2775
CROSSROADS BOULEVARD, TO GRANT PARK, LLC, IN
THE AMOUNT OF $1.00, AND AUTHORIZING THE MAYOR
AND CITY CLERK TO EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of property located north of 2775
Crossroads Boulevard, in the City of Waterloo, Iowa, and legally described as follows:
A SURVEY OF PARCEL "F" OF THE SOUTHEAST QUARTER (SE 1/4),
SECTION 02, TOWNSHIP 88 NORTH (T88N), RANGE 13 WEST (R13W) OF
THE 5TH PRINCIPAL MERIDIAN (5TH PM), CITY OF WATERLOO,
BLACK HAWK COUNTY, STATE OF IOWA, AND BEING MORE
PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE
NORTHEASTERLY CORNER OF LOT 4, CROSSROADS PLAT NO. 2,
BEING A FOUND 1/2" REBAR WITH YELLOW PLASTIC CAP AND
LICENSE NUMBER 8033; THENCE SOUTH 48°00'16" WEST 225.09 FEET
ALONG THE NORTHWESTERLY LINES OF SAID LOT 4 AND LOT A-3,
CROSSROADS PLAT NO. 4, TO THE NORTHWESTERLY CORNER OF
SAID LOT A-3, BEING A FOUND 1/2" REBAR; THENCE NORTH 41°55'56"
WEST 50.00 FEET ALONG THE NORTHWESTERLY EXTENSION OF THE
SOUTHWESTERLY LINE OF SAID LOT A-3; THENCE NORTH 48°00'16"
EAST 225.09 FEET PARALLEL WITH SAID NORTHWESTERLY LINES OF
LOTS 4 AND A-3 TO THE NORTHWESTERLY EXTENSION OF THE
NORTHEASTERLY LINE OF SAID LOT 4; THENCE SOUTH 41°55'56"
EAST 50.00 FEET ALONG SAID NORTHWESTERLY EXTENSION TO THE
POINT OF BEGINNING CONTAINING 11,255 SQUARE FEET (0.258
ACRES), SUBJECT TO THE RETENTION OF A PUBLIC UTILITY
EASEMENT OVER THE NORTHEASTERLY 30 FEET OF SAID PARCEL
AND A PUBLIC UTILITY EASEMENT OVER THE NORTHWESTERLY 10
FEET OF SAID PARCEL
WHEREAS, an offer to purchase said city -owned property, in the amount of $1.00, has
been made by Grant Park, LLC, and
WHEREAS, a public hearing was held on August 7, 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 Grant Park, LLC, for the construction of a 10,000 square foot commercial
building for retail tenants, 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 north of 2775 Crossroads Boulevard, in the City of
Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on July 29,
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 Grant Park, LLC, to purchase the city -owned property, located north
Resolution 2023-514
Page 2
of 2775 Crossroads Boulevard, in the City of Waterloo, Iowa, in the amount of $1.00, is hereby
accepted for said property.
3. That the City of Waterloo, Iowa conveys said parcel of real property to Grant Park,
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 Grant Park, LLC, upon execution of said document and
receipt of payment of $1.00.
PASSED AND ADOPTED this 21st day of August 2023.
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
CERTIFICATE
62uertlia 91,ar1
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. 2023-514 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 21st day of August 2023.
Witness my hand and seal of office this 21 st day of August 2023.
Kelley Felchle
Kelley Felchle, City Clerk
SEAL
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