HomeMy WebLinkAbout2010-875-09/27/2010RESOLUTION NO. 2010-875
RESOLUTION ACCEPTING AND APPROVING CERTAIN
ACQUISITION CONTRACT TO SELL REAL PROPERTY TO
THE CITY AND ACCEPTING AND APPROVING CERTAIN
DEED IN CONJUNCTION WITH THE HAZARD
MITIGATION GRANT PROGRAM PROPERTY ACQUISITION
PROJECT.
WHEREAS, the City of Waterloo, Iowa, has had the parcel
described herein appraised and the fair market value ascertained,
and
WHEREAS, the acquisition of the hereinafter described parcel
is in conjunction with the Hazard Mitigation Grant Program
Property Acquisition Project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the contract 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, 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 addresses are:
Owners - Sans Souci Association Inc. & Multiple Owners
Address - Lots 22-31 and garages on leased land on Sans
Souci Drive
Total Acquisition - $301,454.00
Lots 22 through 31, Replat of Part of Original Plat of
Sans Souci, except street, Waterloo, Black Hawk County,
Iowa.
Reserving to grantor an easement for reasonable right
of access, over and across that part of Re -Plat of Part
of Original Plat of Sans Souci identified as Gates
Street and Wangler Street, to lands retained by grantor
on what is commonly known as Sans Souci Island.
PASSED AND ADOPTED this 27th day of September, 2010.
Ernest G. Clark, Mayor
ATTEST:
a�
Suzy Sc ares, CMC
City Clerk