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HomeMy WebLinkAbout2024-095-02.19.2024 (RECORDED) I Oil HIP III 101 U 01011 1III ll 11 I II Doc ID: 012082170002 Type: GEN Recorded: 03/11/2024 at 03:58:34 PM Fee Amt: $12.00 Page 1 of 2 Black Hawk County Iowa SANDIE L. SMITH RECORDER File2024-00011032 -Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-095 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY, LOCATED SOUTH OF 115 WARP DRIVE, TO NADROJ REALTY, 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 115 Warp Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 1, WATERLOO AIR AND RAIL PARK 1ST ADDITION, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, an offer to purchase said city-owned property, in the amount of$1.00, has been made by NADROJ Realty,LLC and WHEREAS, a public hearing was held on February 19, 2024, 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 NADROJ Realty, LLC, 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 115 Warp Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on February 10, 2024, 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 NADROJ Realty, LLC, to purchase the city-owned property, located south of 115 Warp 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 NADROJ Realty, 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 NADROJ Realty, LLC, upon execution of said document and receipt of payment of$1.00. PASSED AND ADOPTED this 19`h day of February 2024. JJ-11I ( iQ-) `Z Resolution 2024-095 Page 2 Pet55 111611r�IY SIND Ray Feuss, Mayor Pro Tern ATTEST: Kelley Felchle SIGNED 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. 2024-095 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19th day of February 2024. Witness my hand and seal of office this 19`1' day of February 2024. Kelley Felchle SIBM 11GI111Y Kelley Felchle, City Clerk SEAL c WA 44. 0 • ut tt umutntt • .� Irr—= 0 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-095 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY, LOCATED SOUTH OF 115 WARP DRIVE, TO NADROJ REALTY, 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 115 Warp Drive, in the City of Waterloo, Iowa, and legally described as follows: LOT 1, WATERLOO AIR AND RAIL PARK 1ST ADDITION, CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA. WHEREAS, an offer to purchase said city -owned property, in the amount of $1.00, has been made by NADROJ Realty, LLC and WHEREAS, a public hearing was held on February 19, 2024, 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 NADROJ Realty, LLC, 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 115 Warp Drive, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on February 10, 2024, 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 NADROJ Realty, LLC, to purchase the city -owned property, located south of 115 Warp 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 NADROJ Realty, 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 NADROJ Realty, LLC, upon execution of said document and receipt of payment of $1.00. PASSED AND ADOPTED this 19th day of February 2024. Resolution 2024-095 Page 2 ATTEST: &elley Felchle Kelley Felchle, City Clerk CERTIFICATE Ray Feuss, Mayor Pro Tem 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. 2024-095 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 19th day of February 2024. Witness my hand and seal of office this 19th day of February 2024. R1elley Felchle Kelley Felchle, City Clerk