HomeMy WebLinkAbout2010-852-09/20/2010RESOLUTION NO. 2010-852
RESOLUTION ACCEPTING AND APPROVING
ACQUISITION OF PROPERTY GENERALLY LOCATED AT
123 STANLEY COURT IN THE CITY OF WATERLOO,
BLACK HAWK COUNTY, IOWA, AS SET OUT IN THE
HUMAN SERVICES CAMPUS PLAN IN THE RATH AREA
FOR $650,000.00, PLUS $200,000.00 FOR
DEMOLITION AND RELOCATION EXPENSES, AND
$10,000.00 IN CLOSING COSTS.
WHEREAS, the City of Waterloo, Iowa, has negotiated the fair
market value, and
WHEREAS, the City of Waterloo has targeted city -owned
property in the Rath area for such a development, and fully
supports the central campus concept because of its real potential
for improving delivery of services to clients, for improving the
operational efficiencies of the providers, and for revitalizing a
"brownfield" area, and
WHEREAS, the acquisition of the hereinafter described parcel
is in conjunction with the Human Services Campus Plan, dated
September 14, 2009, which recommends acquisition for uses that
primarily contribute to improving delivery of services.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the contract for the parcel
hereinafter described to sell the same to the City of Waterloo,
Iowa, all of which is situated in the City of Waterloo, Black
Hawk County, Iowa, is 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 agreement 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 address is:
Owners - Howard L. Allen Investments, Inc.
Address - 123 Stanley Court
Total Acquisition - $650,000.00, plus $200,000.00 for
demolition and relocation expenses, and $10,000.00 for
closing costs
Lots Nos. 4, 5, 6, 7 and 8 in Parkview in the City of
Waterloo, Iowa, except that part thereof conveyed to
the State of Iowa by Warranty Deed filed October 11,
1949, in 281 TLD 463.
The West 18.75 feet of Lot No. 13, all in Lot No. 14
and the South 20 feet of Lot No. 15 in Parkview in the
City of Waterloo, Iowa.
Lot
No.
15 except
the South 20 feet thereof and all of
Lot
Nos.
16, 17,
18, 19, 20 and 21 in Parkview in the
City
of
Waterloo,
Iowa.
Resolution No. 2010-852
Page 2
The East 180 feet of Lot No. 6 in Assessor Leland's
Plat No. 2 in the City of Waterloo, Black Hawk County,
Iowa.
Lots No. 2 and 3 in Parkview in the City of Waterloo,
Iowa, except that part thereof conveyed to the State of
Iowa by Warranty Deed filed October 11, 1949, at 281
TLD 463, all in the City of Waterloo, Black Hawk
County, Iowa.
Subject to easements, restrictions, covenants,
ordinances and limited access provisions of record.
PASSED AND ADOPTED this 20th day of September, 2010.
Ernest G. Clark, ayor
ATTEST:
Suzy Sc res, CMC
City Cle k