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HomeMy WebLinkAbout2023-707-11.06.2023Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-707 RESOLUTION APPROVING THE REAL ESTATE PURCHASE AGREEMENT WITH DEER CREEK DEVELOPMENT, FOR THE CITY ACQUISITION OF LAND LOCATED NORTHEAST OF 3315 TITAN TRAIL, IN THE AMOUNT OF $286,148.00 PLUS UP TO $5,000.00 1N CLOSING COSTS, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA that the Real Estate Purchase Agreement dated November 6, 2023, between Deer Creek Development and the City of Waterloo, Iowa, in the amount of $286,148.00 plus up to $5,000.00 in closing costs, located at 3315 Titan Trail, and legally described as follows: LOT 4, GREENBELT CENTRE PLAT NO. 7, CITY OF WATERLOO, IOWA is hereby approved, and the Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 6th day of November 2023. ATTEST: 7(elley Fetcfile Kelley Felchle, City Clerk CERTIFICATE Quercn 9-tar 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. 2023-707 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 6th day of November 2022. Witness my hand and seal of office this 6th day of November 2022. Kelley Felchle Kelley Felchle, City Clerk SEAL f 1.1;{0