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HomeMy WebLinkAbout2011-075-02/07/2011RESOLUTION NO. 2011-75 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY GENERALLY LOCATED ON EAST 8TH STREET FROM LAFAYETTE TO SYCAMORE STREETS 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 Black Hawk Contracting and Development, Co., and WHEREAS, a public hearing was held on February 7, 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 Black Hawk Contracting and Development, Co., 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 February 4, 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 Black Hawk Contracting and Development, Co. to purchase real property for the sum of $1.00, and costs, be and it is hereby accepted for real property described below: Original Plat, Waterloo East, Block 18, Lot 2, and Original Plat, Waterloo East, Block 18, Lot 3, and Original Plat, Waterloo East, Block 18, Lot 6, and Original Plat, Waterloo East, Block 18, Lot 7, and Original Plat, Waterloo East, Block 18, Lot 10, all in the City of Waterloo, Black Hawk County, State of Iowa; for $1.00, plus costs. 3. That the City of Waterloo, Iowa, convey said parcels of real property to Black Hawk Contracting and Development, Co. by deed. 4. That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Black Hawk Contracting and Development, Co. 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 Black Hawk Contracting and Development, Co. upon receipt of the sum of $1.00, and costs. Resolution No. 2011-75 Page 2 PASSED AND ADOPTED this 7th day of February, 2011. Ernest G. Clark, Mayor ATTEST: Suzy Scha es, CMC City Clerk