HomeMy WebLinkAbout27347 RESOLUTION NO 27347
RESOLUTION REJECTING THE BID OF BEARING SERVICE COMPANY
INC° FOR CERTAIN PROPERTIES .
WHEREAS, the City of Waterloo,Iowa, is the owner of real pro-
perty in the City of Waterloo, Iowa as described below,and
WHEREAS, an offer to purchase said certain parcel of real pro-
perty in the sum of $6,300 .00 plus costs ,has been made by Bearing
Service Company Inc . ,and
WHEREAS,a public hearing was held on November, 17 , 1980 at 7 :00
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
Bearing Service Company,Inc , ,Waterloo, Iowa,and
WHEREAS, an appraisal of said property was conducted with the
value determined to be eight thousand seven hundred dollars
($8, 700 .00) and
WHEREAS, the City Council established and advertised a mini-
mum acceptable bid of $8, 700 .00
NOW THEREFORE,BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO,IOWA AS FOLLOWS :
1 . That the offer of Bearing Service Company Inc .to purc -lase
real property for the sum of six thousand three hundred
dollars ($6 ,300 .00) be,aud it is hereby rejected for real
property described below:
Lot 9 ,Block 17 ,Hayes Addition,City of Waterloo,Black Hawk
County, Iowao
2 . That the City Clerk is hereby instructed to return the
unsuccessful bids .
Passed and adopted this 17th day of November, 1980 .
ef'
(2rL ,,,--.7--, ,L.,)„,
Leo P. Rooff,Ma i
ATTEST:
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Larry ,lBurger,City, Clerk