HomeMy WebLinkAbout2010-336-5 /10/201010
RESOLUTION NO. 2010-336
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF 3.317 ACRES OF EXCESS RIGHT-OF-
WAY GENERALLY LOCATED AT THE SOUTHEAST CORNER
OF GREENHILL ROAD AND UNIVERSITY AVENUE FOR
$61,007.00, PLUS COSTS, AND AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE AND DELIVER
DEED FOR SAME AND RESCINDING RESOLUTION NO.
2009-1136 IN ITS ENTIRETY.
WHEREAS, the City of Waterloo, Iowa, is the owner of real
property in the City of Waterloo, Iowa, as described below, and
WHEREAS, an offer to purchase said certain parcels of real
property in the sum of $61,007.00, plus costs, has been made by
Lockard Land, Inc., and
WHEREAS, a public hearing was held on May 10, 2010, at 5:30
p.m. in the Council Chambers in 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 Lockard Land, Inc., and
WHEREAS, it is the opinion of this Council that 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 following described real property, as fully
described in the published notice in the Waterloo Courier on
May 6, 2010, is not presently needed and will not be needed in
the foreseeable future for municipal purposes and its ownership
is serving no municipal purpose, and
2. That the offer of Lockard Land, Inc., to purchase real
property for the sum of $61,007.00, and costs, be and it is
hereby accepted for real property described below:
A survey of Parcel "H" of the Southwest quarter (SW 1/)
of Section 21, Township 89 North, Range 13 West of the
5th Principal Meridian, in the City of Waterloo, Black
Hawk County, State of Iowa, and being more particularly
described as follows:
Commencing at the intersection of the West line of
Alabar Hills Second Addition, City of Waterloo, Black
Hawk County, Iowa, and the North right-of-way line of
Flower Street; thence N89045'12"W 88.73 feet along the
Westerly extension of the North right-of-way line of
Flower Street to the Southwest corner of the East 254
feet of the West half (W 34) of the said Southwest
quarter (SW 1/) of Section 21 lying North of Flower
Street and the point of beginning; thence N00019142"E
150.00 feet along the West line of said East 254 feet
of the West half (W %) of the Southwest quarter (SW %)
of Section 21, said West line also being the East line
of the Southeasterly right-of-way line of South Hackett
Road bypass as shown in Misc. Book 266, Page 396;
thence N71029'32"W 359.20 feet; thence S30023'49"W
525.49 feet; thence S47008119"E 146.00 feet at right
angle to the longest Southeasterly right-of-way line of
the South Hackett Road bypass as shown in Misc. Book
266, Page 396; thence N42051141"E 395.00 feet along
said longest Southeasterly right-of-way line to the
r
Resolution 2010-336
Page 2
Westerly extension of the aforesaid North right-of-way
line of Flower Street and the East/West line of the
said Southeasterly right-of-way line of the South
Hackett Road bypass; thence S89045112"E 229.95 feet
along said Westerly extension of the North line of
Flower Street and East/West line of the Southeasterly
right-of-way line of the South Hackett Road bypass to
the point of beginning containing 144,473.6 square feet
(3.317 acres), all in the City of Waterloo, Black Hawk
County, Iowa.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to Lockard Land, Inc., by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Lockard Land, Inc.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to Lockard Land, Inc., upon
receipt of the sum of $61,007.00, and costs.
BE IT FURTHER RESOLVED, that Resolution No. 2009-1163, be
and the same, hereby rescinded in its entirety.
PASSED AND ADOPTED this 1/'est
thf May, 2010.
Y
eaul
. Clark, Mayor
ATTEST:
Suzy Xchares, CMC
City Clerk