HomeMy WebLinkAbout2024-422-07.15.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-422
RESOLUTION APPROVING THE REAL ESTATE PURCHASE
AGREEMENT WITH CEDAR VALLEY TECH WORKS, INC.,
AND LINCOLN SAVINGS BANK, FOR PROPERTY
LOCATED AT 360 WESTFIELD AVENUE, IN THE AMOUNT
OF $45,000.00, PLUS UP TO $2,000.00 IN CLOSING COSTS,
AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENT.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA
that the Real Estate Purchase Agreement dated July 15, 2024, between Cedar Valley Tech
Works, Inc., and Lincoln Savings Bank and the City of Waterloo, Iowa, for the purchase of
property located at 360 Westfield Avenue, and legally described as follows:
PARCEL K ACCORDING TO PLAT OF SURVEY RECORDED
12/21/2023 AS DOC. NO. 2024-8092
in the amount of $45,000.00, plus up to $2,000.00 in closing costs, is hereby approved,
and the Mayor and City Clerk are authorized and directed to execute said documents on
behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 15th day of July 2024.
ATTEST:
RZelle Felchle
Kelley Felchle, City Clerk
CERTIFICATE
Quentin Hart, Mayor
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2024-422 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 15th day of July 2024.
Witness my hand and seal of office on this 15th day of July 2024.
Kelley Felchle
Kelley Felchle, City Clerk