HomeMy WebLinkAbout2024-280-05.06.2024 (2) Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-280
RESOLUTION APPROVING THE REAL ESTATE PURCHASE
AGREEMENT AND TEMPORARY CONSTRUCTION
EASEMENT AGREEMENT WITH PRIME RE, LLC, FOR
PROPERTIES LOCATED NORTH OF 2323 LA PORTE ROAD,
SOUTH OF 2134 LA PORTE ROAD, AND NORTH OF 2134 LA
PORTE ROAD, IN THE AMOUNT OF $5,553.49 PLUS UP TO
$2,000.00 IN CLOSING COSTS, IN CONJUNCTION WITH
THE LA PORTE ROAD RECONSTRUCTION PROJECT, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA, AS FOLLLOLWS:
1. That the Real Estate Purchase Agreement dated May 6, 2024, between Prime RE,
LLC and the City of Waterloo, Iowa, in the amount of$5,553.49 plus up to $2,000.00
in closing costs, for properties located north of 2323 La Porte Road, South of 2134 La
Porte Road, and North of 2134 La Porte Road, and legally described as follows:
DESCRIPTION: ACQUISITION PROJECT PARCEL LPR107
A PARCEL OF LAND SITUATED IN PART PARCEL "B" IN
GOVERNMENT LOT 6, SECTION 1, TOWNSHIP 88 NORTH, RANGE
13 WEST OF THE 5TH P. M., CITY OF WATERLOO, COUNTY OF
BLACK HAWK, STATE OF IOWA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
BEGINNING AT THE MOST NORTHERLY CORNER OF SAID
PARCEL "B" WHICH IS AT THE INTERSECTION OF THE PRESENT
SOUTHWESTERLY RIGHT-OF-WAY LINE OF LA PORTE ROAD
AND THE PRESENT SOUTHEASTERLY RIGHT-OF-WAY LINE OF
GRIMM STREET; THENCE SOUTH 35°03'00" EAST (ASSUMED
BEARING FOR THE PURPOSE OF THIS DESCRIPTION) ALONG
THE NORTHEASTERLY LINE OF SAID PARCEL "B" ALSO BEING
THE PRESENT SOUTHWESTERLY RIGHT-OF-WAY LINE OF
LA PORTE ROAD, 3.00 FEET; THENCE SOUTH 54°56'47" WEST,
16.00 FEET; THENCE NORTH 35°03'00" WEST, 3.00 FEET TO THE
NORTHWESTERLY LINE OF SAID PARCEL "B" ALSO BEING THE
PRESENT SOUTHEASTERLY RIGHT-OF-WAY LINE OF GRIMM
STREET; THENCE NORTH 54°56'47" EAST ALONG THE
NORTHWESTERLY LINE OF SAID PARCEL "B" ALSO BEING THE
PRESENT SOUTHEASTERLY RIGHT-OF-WAY LINE OF GRIMM
STREET, 16.00 FEET TO THE POINT OF BEGINNING.
CONTAINING 48 SQUARE FEET.
DESCRIPTION: ACQUISITION PROJECT PARCEL LPR117
A PARCEL OF LAND SITUATED IN PART LOT 3 OF CROSSROADS
PLAT NO. 10, CITY OF WATERLOO, COUNTY OF BLACK HAWK,
STATE OF IOWA, MORE PARTICULARLY DESCRIBED AS
FOLLOWS:
BEGINNING AT THE EASTERLY MOST CORNER OF SAID LOT 3,
WHICH IS AT THE INTERSECTION OF THE PRESENT
Resolution 2024-280
Page 2
SOUTHWESTERLY RIGHT-OF-WAY LINE OF LA PORTE ROAD
AND THE PRESENT NORTHWESTERLY RIGHT-OF-WAY LINE OF
GRIMM STREET; THENCE SOUTH 54°56'47" WEST (ASSUMED
BEARING FOR THE PURPOSE OF THIS DESCRIPTION) ALONG
THE SOUTHEASTERLY LINE OF SAID LOT 3, ALSO BEING THE
PRESENT NORTHWESTERLY RIGHT-OF-WAY LINE OF GRIMM
STREET, 16.00 FEET; THENCE NORTH 35°05'15" WEST, 3.50 FEET;
THENCE NORTH 39031'20" EAST, 16.60 FEET TO THE
NORTHEASTERLY LINE OF SAID LOT 3, ALSO BEING THE
PRESENT SOUTHWESTERLY RIGHT-OF-WAY LINE OF LA PORTE
ROAD; THENCE SOUTH 35005'15" EAST ALONG THE
NORTHEASTERLY LINE OF SAID LOT 3, ALSO BEING THE
PRESENT SOUTHWESTERLY RIGHT-OF-WAY LINE OF LA PORTE
ROAD, 7.92 FEET TO THE POINT OF BEGINNING.
CONTAINING 91 SQUARE FEET.
DESCRIPTION: ACQUISITION PROJECT PARCEL LPR119
A PARCEL OF LAND SITUATED IN PART OF LOT 1 OF
CROSSROADS PLAT NO. 10, CITY OF WATERLOO, COUNTY OF
BLACK HAWK, STATE OF IOWA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHERLY MOST CORNER OF SAID LOT
1; THENCE SOUTH 35005'15" EAST (ASSUMED BEARING FOR THE
PURPOSE OF THIS DESCRIPTION) ALONG THE
NORTHEASTERLY LINE OF SAID LOT ALSO BEING THE
PRESENT SOUTHWESTERLY RIGHT-OF-WAY LINE OF LA PORTE
ROAD, 17.87 FEET; THENCE NORTH 84027'35" WEST, 23.68 FEET;
THENCE NORTH 35001'23" WEST, 2.46 FEET TO THE
NORTHWESTERLY LINE OF SAID LOT 1 ALSO BEING THE
PRESENT SOUTHEASTERLY RIGHT-OF-WAY LINE OF BOPP
STREET; THENCE NORTH 54058'37" EAST ALONG THE
NORTHWESTERLY LINE OF SAID LOT 1 ALSO BEING THE
PRESENT SOUTHEASTERLY RIGHT-OF-WAY LINE OF BOPP
STREET, 17.97 FEET TO THE POINT OF BEGINNING.
CONTAINING 183 SQUARE FEET.
is hereby approved.
2. That the Temporary Easement Agreement between Prime RE, LLC and the City
of Waterloo, Iowa, for purposes relating to the construction of the improvements in, to, upon,
over across, and beneath said real estate as set forth in Exhibit "A", to expire upon the
conclusion of all construction, cleanup, and demobilization activities upon the premises and
adjacent land, or December 31, 2025, whichever occurs first, is hereby approved.
3. That 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 May 2024.
Quentin Hart, Mayor
Resolution 2024-280
Page 3
ATTEST:
LeAnn M. Even, Deputy City Clerk
SEAL
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Figure 17
Temporary Easement &
Permanent Acquisition
PRIME RE LLC
La Porte Road Reconstruction
Waterloo, Iowa 606226$9
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PROPOSED PERM
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PERMANENT
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Figure 19
Temporary Easement &
Permanent Acquisition
PRIME RE LLC
La Porte Read Reconstructlon
Waterloo, Iowa 60622689
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