HomeMy WebLinkAbout2011-244-04/04/2011RESOLUTION NO. 2011-244
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY -OWNED 657A PROPERTY
GENERALLY LOCATED AT 215-217 COURTLAND
STREET, AND AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE AND DELIVER 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 parcels of real
property in the sum of $1,500.00, plus costs, minus $1,000.00
allowance for removal of cement garage floor left after demo, in
conjunction with a Development Agreement with Mr. & Mrs. Ickey
Buchanan prior to transferring property, and
WHEREAS, a public hearing was held on April 4, 2011, at 5:30
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 Mr. and Mrs. Ickey Buchanan in conjunction
with said Development Agreement, 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
April 1, 2011, is not presently needed and will not be needed in
the foreseeable future for municipal purposes and its ownership
is serving no municipal purpose, and
2. That the offer of Mr. and Mrs. Ickey Buchanan to
purchase real property for the sum of $1,500.00, and costs, minus
$1,000.00 allowance for removal of cement garage floor left after
demo, in conjunction with said Development Agreement be and it is
hereby accepted for real property described below:
Lot No. 4 in "W.L. Illingsworth Addition", all in the
City of Waterloo, Black Hawk County, Iowa;
for $1,500.00, plus costs, minus $1,000.00 allowance
for removal of cement garage floor left after demo.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to Mr. and Mrs. Ickey Buchanan by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Mr. and Mrs. Ickey Buchanan.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the City Clerk is authorized and directed to
deliver said deed of conveyance to Mr. and Mrs. Ickey Buchanan
upon receipt of the sum of $1,500.00, and costs, minus $1,000.00
allowance for removal of cement garage floor left after demo, plus
signed Development Agreement.
Resolution No. 2011-244
Page 2
PASSED AND ADOPTED this 4th day of April, 2011.
/�e,'t-lallark, Mayor
ATTEST:
lity s—res, CMC
City Clerk