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HomeMy WebLinkAbout2023-696-11.06.2023 (RECORDED) IIII III III IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIII IIIII III I IIIII IH lilt Doc ID: 012045410003 Type: GEN Recorded: 12/07/2023 at 09:57:19 AM Fee Amt: $17.00 Page 1 of 3 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2024-00007443 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319)291-4323. RESOLUTION NO. 2023-696 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY, LOCATED SOUTH OF 2330 GT DRIVE, TO M&MB LEGACY, 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 south of 2330 GT Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 14, NORTHEAST INDUSTRIAL PARK PLAT NO. 3, CITY OF WATERLOO, BLACK HAWK COUNTY, STATE OF IOWA. WHEREAS, an offer to purchase said city-owned property, in the amount of$1.00, has been made by M&MB Legacy, LLC, and WHEREAS, a public hearing was held on November 6, 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, M&MB Legacy, LLC, for the construction of a 5,000 square foot industrial building and a 4,000 square foot future expansion, 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 south of 2330 GT Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on October 24, 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 M&MB Legacy, LLC, to purchase the city-owned property, located east of 2330 GT Drive, 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 M&MB Legacy, LLC,by special warranty deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said special warranty 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 M&MB Legacy, LLC upon execution of said document and receipt of payment of$1.00. PASSED AND ADOPTED this 6th day of November 2023. Qc 31Q 3 Resolution 2023-696 Page 2 uC t v►..,(1 /�/�1 omrrnuv /L i, J (;GG s�s��n Quentin Hart, Mayor ATTEST: Kelley Felchle LOWLY SIGNED Ye 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. 2023-696 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 6th day of November 2023. Witness my hand and seal of office this 6th day of November 2023. Kelley Felchle lY SWNen Kelley Felchle, City Clerk SEAL 4 1. -14 • I Iat®lIitnfn7ItuUU • *** Proof of Publication *** State of Iowa NOTICE OF PUBLIC HEARING Black Hawk Count TO WHOM IT MAY CONCERN: y Notice is hereby given that on the 6th day of November 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 to M&MB Legacy, LLC, in the amount of S1.00,with a Phased Development and Minreum Assessment Agreement in the amount of$265,000,00,for the construc- Waterloo, City of- Legals Lion of a 5,000 square fool industrial and a 4.000 square foot future expansion, located south of 2330 GT Drive, legally Accounts Payable described as follows: LOT 14, NORTHEAST INDUSTRIAL 715 MULBERRY ST. PARK PLAT NO.3, CITY OF WATER- LOO, BLACK HAWK COUNTY, STATE A WATERLOO IA 50703 Anyone one An who is interested may appear at saic time and place and be heard or may file written objection with the City Clerk, City Hall,Waterloo,Iowa,before the date set.'or said hearing. ORDER NUMBER 230657 Byaterloo order thi ofs the councilofOctobe of ther 2023 city of . Kelley Felchle,City Clerk City of Waterloo.Iowa 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: 10/24/2023 TOTAL AD COST: 41.18 FILED ON: 10/24/2023 That the issues of said paper containing said notice were duly circulated in the regular manner. CANINE GLASCOCK A t4 Commission Number 810108 ,* My Commission Expires */Of A April 17,2024 Public in/6a/PLZ-4(e- Notaryaor Said County Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-696 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY, LOCATED SOUTH OF 2330 GT DRIVE, TO M&MB LEGACY, 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 south of 2330 GT Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 14, NORTHEAST INDUSTRIAL PARK PLAT NO. 3, CITY OF WATERLOO, BLACK HAWK COUNTY, STATE OF IOWA. WHEREAS, an offer to purchase said city -owned property, in the amount of $1.00, has been made by M&MB Legacy, LLC, and WHEREAS, a public hearing was held on November 6, 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, M&MB Legacy, LLC, for the construction of a 5,000 square foot industrial building and a 4,000 square foot future expansion, 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 south of 2330 GT Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on October 24, 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 M&MB Legacy, LLC, to purchase the city -owned property, located east of 2330 GT Drive, 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 M&MB Legacy, LLC, by special warranty deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said special warranty 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 M&MB Legacy, LLC upon execution of said document and receipt of payment of $1.00. PASSED AND ADOPTED this 6th day of November 2023. Resolution 2023-696 Page 2 ATTEST: Kelley Felcfcle Kelley Felchle, City Clerk CERTIFICATE Ottertail 9-(ar DIGITALLY SIGNED 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. 2023-696 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 6th day of November 2023. Witness my hand and seal of office this 6th day of November 2023. Kelley Felcile Kelley Felchle, City Clerk SEAL