HomeMy WebLinkAbout26711 RESOLUTION NO. 26711
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CERTAIN
PROPERTY TO B . SCHULTZ & CO. AND THE LLOYD KREGER ESTATE
FOR $1 , 582 . 72 PLUS COSTS AND AUTHORIZING THE MAYOR AND
CITY CLERK TO EXECUTE AND DELIVER A DEED FOR SAME .
WHEREAS , the City of Waterloo , Iowa, is the owner of real property
in the City of Waterloo , Iowa, as described below, and
WHEREAS , an offer to purchase said certain parcel of real property
in the sum of $1 , 582 . 72 plus costs , has been made by B . Schultz & Co .
and The Lloyd Kreger Estate, and
WHEREAS , a public hearing was held on December 17 , 1979 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 B . Schultz & Co .
and The Lloyd Kreger Estate , Waterloo , Iowa, and
WHEREAS , it is the opinion of this Council that 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 following described real property, as fully described in the
published notice in the Waterloo Courier on December 7 , 1979 , is not
presently needed and will not be needed in the foreseeable future for
municipal purposes and its ownership in serving no municipal purpose , and
2 . That the offer of B . Schultz & Co . and The Lloyd Kreger Estate
to purchase real property for the sum of one thousand five hundred eighty
two dollars and seventy two cents ($1 , 582 . 72) and costs be , and it is
hereby accepted for real property described below:
A part of the Southwest Quarter of the Northeast Quarter
of Section 14, Township 89 North, Range 13 West of
the 5th P.M. in Black Hawk County described as beginning
at a point on the North line of Litchfield Avenue which
is 707 . 5 feet South and 131 . 2 feet West of the Northeast
corner of the Southwest Quarter of the Northeast Quarter
at said Section 14 and running thence West 546 . 8 feet
along the North line of Litchfield Avenue , thence South
29 feet to the South line of Litchfield Avenue , thence
East 546 .8 feet along the South line of Litchfield
Avenue , thence North 29 feet to the place of beginning.
with the City' s retention of a utility easement over, under, and upon
the following described area:
A part of the Southwest Quarter of the Northeast Quarter of
Section 14, Township 89 North, Range 13 West of the 5th
P.M. in Black Hawk County described as beginning at a
point on the North line of Litchfield Avenue which is
707 . 5 feet South and 131 . 2 feet West of the Northeast
corner of the Southwest Quarter of the Northeast
Quarter of said Section 14 and running thence West
176 feet along the North line of Litchfield Avenue
thence South 16 feet , thence East 176 feet , thence
North 16 feet to the place of beginning.
3 . That the City of Waterloo, Iowa, convey said parcels of real
property to B . Schultz & Co . and The Lloyd Kreger Estate by Quit Claim
Deed, the form of which is hereto attached and approved.
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4. That the Mayor and City Clerk are hereby authorized to execute
and deliver deeds to B. Schultz & Co. and The Lloyd Kreger Estate .
5 . That the original of said deeds fully executed and acknowledged
having been submitted with this Resolution, the same is hereby approved
and confirmed by the Council .
6 . That the City Clerk is authorized and directed to deliver said
deeds of conveyance to B. Schultz & Co . and The Lloyd Kreger Estate .
Passed and adopted this 7th day of January, 1980 .
Leo P. Rooff, May
ATTEST :
4.?d41-?pbe , ding City Clerk
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