HomeMy WebLinkAbout2011-806-8 /22/2011I
This Resolution prepared by Carol Failor, Deputy City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 2011-806
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY -OWNED PROPERTY GENERALLY
LOCATED JUST WEST OF THE NORTHWEST CORNER OF
18TH STREET AND BLACK HAWK STREET FOR $1.00,
PLUS COSTS, 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 $1.00, plus costs, has been made by TNT
Investments, and
WHEREAS, a public hearing was held on August 22, 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 TNT Investments, 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
August 12, 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 TNT Investments to purchase real
property for the sum of $1.00, and costs, be and it is hereby
accepted for real property described below:
Parcel "I" of the Southeast Quarter of Section 25,
Township 89 North, Range 13 West of the 5th Principle
Meridian, in the City of Waterloo, Black Hawk County,
Iowa, as shown on Plat of Survey Doc. #2011 17669,
except the northwesterly 45.94 feet in even width as
measured along the northerly right-of-way line of Black
Hawk Street.
Parcel "J" of the Southeast Quarter of Section 25,
Township 89 North, Range 13 West of the 5th Principle
Meridian, in the City of Waterloo, Black Hawk County,
Iowa, except that portion of vacated West 17th Street
lying within Parcel "J".
f 01
The northwesterly 45.94 feet in even width as measured
along the northerly right-of-way line of Black Hawk
Street of Parcel "I" of the Southeast Quarter of
Section 25, Township 89 North, Range 13 West of the 5th
Principle Meridian, in the City of Waterloo, Black Hawk
County, Iowa, as shown on Plat of Survey Doc. #2011
17669, all in the City of Waterloo, Black Hawk County,
State of Iowa;
Resolution No. 2011-806
Page 2
for $1.00, plus costs.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to TNT Investments by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to TNT Investments.
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 TNT Investments upon receipt
of the sum of $1.00, and costs.
PASSED AND ADOPTED this 22nd day of August, 2011.
Ernest G. Clark, Mayor
ATTEST:
Suzy Scres, SMC
City Cl _.rk