HomeMy WebLinkAbout2010-834-9 /13/2010Y
RESOLUTION NO. 2010-834
RESOLUTION ACCEPTING AND APPROVING
ACQUISITION OF PROPERTY GENERALLY LOCATED AT
915-917 LAFAYETTE STREET, 1013 LAFAYETTE
STREET, AND 1021 LAFAYETTE STREET IN THE CITY
OF WATERLOO, BLACK HAWK COUNTY, IOWA, AS SET
OUT IN THE RATH BROWNFIELD NEIGHBORHOOD
INFILL DEVELOPMENT PLAN FOR $98,500.00, PLUS
UP TO $10,000.00 IN CLOSING COSTS, USING EDI
FUNDS.
WHEREAS, the City of Waterloo, Iowa, has had the parcels
described herein appraised and the fair market value ascertained,
and
WHEREAS, the acquisition of the hereinafter described
parcels is in conjunction with the Rath Brownfield Neighborhood
Infill Development Plan, dated February 2003, which recommends
acquisition for uses that primarily contribute to further housing
opportunities in the area.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the contracts for the parcels
hereinafter described to sell the same to the City of Waterloo,
Iowa, all of which are situated in the City of Waterloo, Black
Hawk County, Iowa, are accepted and approved and the Mayor and
City Clerk are authorized and directed to execute the same in
behalf of the City and to execute all instruments necessary to
consummate the agreements to purchase the property from the
owners thereof, and the deed for the conveyance of the same is
also accepted and approved and the City of Waterloo is directed
to pay for the property from City funds.
The subject addresses are:
Owner - Turn -Key Property Services, LLC
Address - 915-917 Lafayette Street
Total Acquisition $58,000.00
The Northwesterly 49 feet of Lots Nos. 8 and 9 in Block
No. 25 in the Original Plat, on the East Side of the
Cedar River, in the City of Waterloo, Black Hawk
County, Iowa.
Owner - Jacob E. Goldenstein
Address - 1013 Lafayette Street
Total Acquisition - $22,500.00
The Southeasterly 49 feet of Lots 7 and 10 in Block 24
in the Original Plat on the. East Side of the Cedar
River, in the City of Waterloo, Black Hawk County,
Iowa.
Owner - Dwayne R. Eilers, II
Address - 1021 Lafayette Street
Total Acquisition - $12,000.00
The Northwesterly One-half of Lots 8 and 9 except the
Northwesterly 37 feet thereof, in Block 24 in the
Original Plat on the East Side of the Cedar River in
the City of Waterloo, Black Hawk County, Iowa.
Resolution No. 2010-834
Page 2
PASSED AND ADOPTED this 13th day of September, 2010.
'L I a/
Ernest G. Clark, Mayor
ATTEST:
t
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City Clerk