HomeMy WebLinkAbout1986-466-08.04.1986 RESOLUTION NO. 1986-466
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE
OF CERTAIN EXCESS PROPERTY TO BLACK HAWK COUNTY
ECONOMIC DEVELOPMENT COMMITTEE AND AUTHORIZING
THE MAYOR AND CLERK/AUDITOR TO EXECUTE AND
DELIVER A DEED FOR SAME
WHEREAS, the City of Waterloo, Iowa, is the owner of real
property in the City of Waterloo, Iowa, as described below,
All that part of Lot 3, Block 3, and Lot 3, Block 4, in
Cotton's Addition and all that part of vacated Indiana
Street, in the City of Waterloo, Black Hawk County, Iowa,
lying within the following described boundary:
Beginning at the northwest corner of said Lot 3,
Block 3; thence east to the northeast corner of
said Lot 3, Block 4; thence south along the east
line of Lot 3 in said Block 4 a distance of 15.0
feet; thence southwesterly to a point on the west
line of Lot 3 in said Block 4, which point is 45.0
feet south of the northwest corner of Lot 3 in said
Block 4; thence southwesterly to a point on the east
line of Lot 3 in said Block 3, which point is 73.0
feet south of the northeast corner of Lot 3 in said
Block 3; thence west parallel with the north line of
Lot 3 in said Block 3 to the west line of Lot 3 in
said Block 3; thence north to the point of beginning.
Containing approximately 17,422 sq. ft.
and,
WHEREAS, Black Hawk Economic Development Committee desires
said parcel of real property.
WHEREAS, a public hearing was held August 4, 1986 at 7:00 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 proposal to convey
premises owned by the City of Waterloo, Iowa to Black Hawk County
Economic Development Committee.
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 July 18, 1986, is not
presently needed and will not be needed in the foreseeable future for
municipal purposes and its ownerhsip is serving no municipal purpose,
and
2. That it is hereby accepted for real property described
below as excess right-of-way.
3. That the City of Waterloo, Iowa, convey said parcel of
real property to Black Hawk County Economic Development Committee.
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c' `T"� 4. That the Mayor and Clerk/Auditor are hereby authorized to
execute and deliver the deed to Black Hawk Economic Development
- Committee.
CV - 5. That the Clerk/Auditor is authorized and directed to
1 deliver said deed of conveyance to Black Hawk Economic Development
!- R : Committee.
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• s CDCD Q-C7 Passed and adopted this 4th day of August, 1986.
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