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Home My WebLink AboutBabic Properties, LLC - (RECORDED)6/3/2024 2024-18290 RECORDED:08/05/2024 12:37:28 PM RECORDING FEE:$12.00 REVENUE TAX:$ COMBINED FEE:$12.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA C i4-y s c (i'Ac,-1.0 Preparer Information Christopher S.Wendland P.O. Box 596 Waterloo, IA 50704 (319)234-5701 Individual's Name Address City Phone Address tax statement to Babic Properties, LLC, 4388 Harbin Dr., Waterloo, IA 50701 QUIT CLAIM DEED For the consideration of One Dollar($1.00) and other valuable consideration, City of Waterloo, Iowa, does hereby quit claim to Babic Properties, LLC, all of its right, title, interest, estate, claim, and demand in the following described real estate in Black Hawk County, Iowa: The Southwesterly 150 feet of Lot No. 7 in Littlefield Addition in Black Hawk County, Iowa. Subject to (a) easements, servitudes, conditions, and restrictions of record; (b) general utility and right-of-way easements serving the property; and (c) restrictions imposed by local zoning ordinances and other applicable law. Further subject to possibility of reverter of title pursuant to Development Agreement dated June 3, 2024. Deed from Iowa political subdivision. Exempt from real estate transfer tax, declaration of value and groundwater hazard statement. Words and phrases herein, including acknowledgment hereof,shall be construed as in the singular or plural number, and as masculine or feminine gender, according to the context. STATE OF IOWA ) Dated: 1..A.n 3 , 2024 ss: BLACK HAWK COUNTY ) CITY OF WATERLOO, IOWA Acknowledged before me on C 2024 by Quentin M. Hart and a)e elchle as Mayor and City Clerk, respectively, of t e City of Waterloo, By: —y ��5 Iowa. Quentin M. Hart, Mayor ovary-Public Attest: , / elley F hle, City Clerk ,�PR:^�s BRITNI C PERKINS z° COMMISSION NO.845529 * "gym,* MY COMMISSION EXPIRES IOWA JANUARY 27,2026 2024-18289 RECORDED:08/05/2024 12:37:27 PM RECORDING FEE:$17.00 REVENUE TAX:$ COMBINED FEE:$17.00 SANDIE L.SMITH,RECORDER BLACK HAWK COUNTY,IOWA 4 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-33 8 RESOLUTION APPROVING THE SALE AND CONVEYANCE OF CITY-OWNED PROPERTY LOCATED AT 1738 FLOWER STREET, IN THE AMOUNT OF $10,000.00, TO BABIC PROPERTIES, LLC, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENT. WHEREAS, the City of Waterloo, Iowa is the owner of property located at 1738 Flower Street, in the City of Waterloo, Iowa, and legally described as follows: THE SOUTHWESTERLY 150 FEET OF LOT NO. 7 IN LITTLEFIELD ADDITION, CITY OF WATERLOO, IOWA, BLACK HAWK COUNTY, IOWA. WHEREAS, an offer to purchase said city-owned property, in the amount of$10,000.00 has been made by Babic Properties, LLC, for the construction of an 8-plex apartment building, and WHEREAS, a public hearing was held on June 3, 2024, at 5:30 p.m. in the Harold E. Getty Council Chambers, 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 Babic Properties, LLC, and WHEREAS, it is the opinion of this Council that the 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 city-owned property located at 1738 Flower Street, in the City of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on May 25, 2024, is not presently needed, and will not be needed in the foreseeable future for municipal purposes, and its ownership is serving no municipal purpose. 2. That the offer of Babic Properties, LLC to purchase the city-owned property, located 1738 Flower Street, in the amount of $10,000.00, for the construction of an 8-plex apartment building, is hereby accepted for said property. 3. That the City of Waterloo, Iowa is conveying said property by quit claim deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. 5. That the original of said quit claim deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the Community Planning and Development Director is authorized and directed to convey said property to Babic Properties, LLC, upon execution of said deed and receipt of payment of$10,000.00. PASSED AND ADOPTED this 3rd day of June 2024. x Resolution 2024-338 Page 2 QgSIGtt "_ �� ,J DIGITALLY NED Quentin Hart, Mayor ATTEST: 7(e((eycre(c&e DSOB IGITALLY Kelley Felchle, City Clerk CERTIFICATE 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. 2024-338 as passed and adopted by the City Council of the City of Waterloo, Iowa, on the 3`d day of June 2024. Witness my hand and seal of office this 3`d day of June 2024. Xerleyl elc/ LCe 'DIGITAL Y sin Kelley Felchle, City Clerk SEAL at 0 de- fte OW refs for 11 11111.1111111!1111111 III +t nir gar 4. 'IV1 THE COURIER AFFIDAVIT OF PUBLICATION NOTICE OF PUBLIC HEARING TO WHOM IT MAY CONCERN: Waterloo-Cedar Falls Courier Notice is hereby given that on the 3rd day of June 2024. at 5:30 p.m., in the 6915 Chancellor Drive Harold E. Getty Council Chambers in Cedar Falls 50613 the City Hall in the City of Waterloo, (319) 291-1400 Iowa, a public hearing will be held by the Council of the City of Waterloo, Iowa, for the sale and conveyance State of Pennsylvania, County of Lancaster, ss: of city-owned properly located at 1738 Flower Street, in the amount of C. Laquansay Nickson Watkins, beingfirst dulysworn, deposes and $including .0a, prto vl Babic Properties, LLnt q Y P including approval of a Development says: That(s)he is a duly authorized signatory of Column Software, Agreement for the construction of an PBC, duly authorized agent of Waterloo-Cedar Falls Courier, a 8-plex apartment building, a grant of publication that is a"legal newspaper"as that phrase is defined for $4,000 0 per unit for a ot grant - $40,000.00 for infill housingg developp- the city of Cedar Falls, for the County of Black Hawk, in the state of ment.legally described as follows: Iowa, that this affidavit is Page 1 of 1 with the full text of the sworn- The Southwesterly 150 feet of Lot No. to notice set forth on the pages that follow, and that the attachment 7 in Littlefield Addition in Black Hawk County, Iowa. hereto contains the correct copy of what was published in said legal Anyone who Is interested may appear newspaper in consecutive issues on the following dates: at said time and place and be heard or may file written objection with the City Clerk,City Hall,Waterloo,Iowa.before the date set for said hearing. PUBLICATION DATES: By order of the Council of the City of May. 25, 2024 Waterloo this 20th day of May 2024. Kelley Felchie, City Clerk NOTICE ID: d2J0F4GZRiMtU0q52xys City of Waterloo, Iowa PUBLISHER ID: COL-IA-600372 COL-IA-600372 NOTICE NAME: Babic- 1738 Flower Publication Fee: $20.52` s�pucxsti �o lJoc sov. (Signed) I Commonwealth of Pennsylvania-Notary Seal VERIFICATION Nicole Burkholder,Notary Public Lancaster County State of Pennsylvania My commission expires March 30,2027 County of Lancaster Commission Number 1342120 Subscribed in my presence and sworn to before me on this: 05/31/2024 Notary.Public Notarized remotely online using communication technology via Proof. Babic - 1738 Flower - Page 1 of 1 Preparer Information Christopher S.Wendland P.O.Box 596 Waterloo, IA 50704 (319)234-5701 Individual's Name Address City Phone Address tax statement to Babic Properties, LLC, 4388 Harbin Dr., Waterloo, IA 50701 QUIT CLAIM DEED For the consideration of One Dollar($1.00) and other valuable consideration, City of Waterloo, Iowa, does hereby quit claim to Babic Properties, LLC, all of its right, title, interest, estate, claim, and demand in the following described real estate in Black Hawk County, Iowa: The Southwesterly 150 feet of Lot No. 7 in Littlefield Addition in Black Hawk County, Iowa. Subject to (a) easements, servitudes, conditions, and restrictions of record; (b) general utility and right-of-way easements serving the property; and (c) restrictions imposed by local zoning ordinances and other applicable law. Further subject to possibility of reverter of title pursuant to Development Agreement dated June 3, 2024. Deed from Iowa political subdivision. Exempt from real estate transfer tax, declaration of value and groundwater hazard statement. Words and phrases herein, including acknowledgment hereof,shall be construed as in the singular or plural number, and as masculine or feminine gender, according to the context. STATE OF IOWA ) Dated: J\A�x\e 3 , 2024 ) ss: BLACK HAWK COUNTY ) CITY OF WATERLOO, IOWA Acknowledged before me on d , 2024 by Quentin M. Hart and e e elchle as Mayor and City Clerk, respectively, of t e City of Waterloo, By: Iowa. Quentin M. Hart , Mayor R ry Public Attest: elley F hle, City Clerk APR'^<S BRITNI C PERKINS z ® 11 COMMISSION NO.845529 * MY COMMISSION EXPIRES IOWA JANUARY 27,2026