HomeMy WebLinkAbout2024-562-09.16.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-562
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY -OWNED PROPERTY LOCATED
NORTHWEST OF 2765 CROSSROADS BOULEVARD TO
GRANT PARK, LLC, IN THE AMOUNT OF $1.00, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the owner of property located northwest of
2765 Crossroads Boulevard, in the City of Waterloo, Iowa, and legally described as follows:
PARCEL "G" ACCORDING TO PLAT OF SURVEY RECORDED
FEBRUARY 9, 2024 AS DOC. NO. 2024-9902, BEING A PART OF
THE SOUTHEAST QUARTER (SE 1/4), SECTION 2, TOWNSHIP 88
NORTH (T88N), RANGE 13 WEST (R13W) OF THE 5TH PRINCIPAL
MERIDIAN (5TH PM), CITY OF WATERLOO, BLACK HAWK
COUNTY, STATE OF IOWA, AND BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS: COMMENCING AT THE
NORTHWESTERLY CORNER OF LOT A-2, CROSSROADS PLAT
NO. 4, BEING A FOUND 1/2" REBAR WITH PLASTIC CAP AND
LICENSE NUMBER 7811; THENCE NORTH 47°56'51" EAST 52.19
FEET ALONG THE NORTHWESTERLY LINE OF SAID LOT TO THE
POINT OF BEGINNING OF THIS DESCRIPTION; THENCE
CONTINUING NORTH 47°56'51" EAST 174.13 FEET ALONG THE
NORTHWESTERLY LINE OF SAID LOT TO THE
NORTHEASTERLY CORNER OF SAID LOT A-2; THENCE NORTH
41°55'56" WEST 50.00 FEET ALONG THE NORTHWESTERLY
EXTENSION OF THE NORTHEASTERLY LINE OF SAID LOT A-2;
THENCE SOUTH 47°56'51" WEST 174.19 FEET ALONG A LINE
PARALLEL WITH AND 50.00 FEET DISTANT FROM THE SAID
NORTHWESTERLY LINE OF LOT A-2 TO THE NORTHWESTERLY
EXTENSION OF THE NORTHEASTERLY LINE OF THAT PART OF
LOT A-2 AS LAST DESCRIBED IN A WARRANTY DEED FILED AS
DOCUMENT NUMBER 2015-8506 IN THE OFFICE OF THE BLACK
HAWK COUNTY RECORDER; THENCE SOUTH 41°59'43" EAST
50.00 FEET ALONG SAID NORTHWESTERLY EXTENSION TO THE
POINT OF BEGINNING CONTAINING 8,708 SQUARE FEET (0.1999
ACRES), SUBJECT TO THE RETENTION OF A PUBLIC UTILITY
EASEMENT OVER THE NORTHWESTERLY 10 FEET OF SAID
PARCEL.
WHEREAS, an offer to purchase said city -owned property, in the amount of $1.00 has
been made by Grant Park, LLC, and
WHEREAS, a public hearing was held on September 16, 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 Grant Park, 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
Resolution 2024-562
Page 2
OF WATERLOO, IOWA, AS FOLLOWS:
1. The city -owned property located northwest of 2765 Crossroads Boulevard, in the City
of Waterloo, Iowa, as fully described in the published notice in the Waterloo Courier on
September 10, 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 Grant Park, LLC to purchase the city -owned property, located
northwest of 2765 Crossroads Boulevard, known as Parcel "G", in the amount of $1.00, 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 Grant Park, LLC, upon execution of said deed and receipt of payment of
$1.00.
PASSED AND ADOPTED this 16t" day of September 2024.
ATTEST:
7(elley Felchle SIGNED
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. 2024-562 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 16th day of September 2024.
Witness my hand and seal of office this 16th day of September 2024.
7(elle Felchle
Kelley Felchle, City Clerk