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HomeMy WebLinkAbout2011-51-1 /24/2011RESOLUTION NO. 2011-51 RESOLUTION APPROVING AND ACCEPTING QUIT CLAIM DEED FROM AMIR HUSIDIC, NERMIN SABANAGIC, AND IZET DIZDAREVIC FOR PROPERTY GENERALLY LOCATED. AT THE SOUTHWESTERLY CORNER OF JEFFERSON STREET AND WEST 11TH STREET. WHEREAS, the City of Waterloo, Iowa, has previously sold said property for purpose of development in the City of Waterloo, Iowa, as described below, and WHEREAS, a public hearing was held on January 24, 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 matter of issuing a Quit Claim Deed canceling reversion rights to the City of Waterloo, Iowa, and WHEREAS, it is the opinion of this Council that Quit Claim Deed 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 January 20, 2011, legally described as: A parcel of land located in part of Lot 1 in Block 43 in the Original Plat on the west side of the Cedar River in the City of Waterloo, Black Hawk County, Iowa described as follows: Beginning at the northwesterly corner of said Lot l; thence S400511-�'W, 141.1 ft. along the northwesterly line of said Lot 1; thence S48053'E, 44.0 ft. along the southwesterly line of said Lot 1; thence N430581-�'E, 15.5 ft.; thence N47037�'E, 98.7 ft.; thence N42015'E, 28.6 ft.; thence N490571,�'W, 57.2 ft. to the Point of Beginning, containing 7249 sq. ft., more or less, all in the City of Waterloo, Black Hawk County, Iowa. 2. That the City of Waterloo, Iowa, releases all rights, title, interest, estate, claim and demand of said parcel of real property to Amir Husidic, Nermin Sabanagic, and Izet Dizdarevic by Quit Claim Deed. 3. That the Mayor and City Clerk are hereby authorized to execute and deliver Quit Claim Deed to Amir Husidic, Nermin Sabanagic, and Izet Dizdarevic. 4. That the original of said Quit Claim Deed fully executed and acknowledged is hereby approved and confirmed by the Council. 5. That the City Clerk is authorized and directed to deliver said Quit Claim Deed of conveyance to Amir Husidic, Nermin Sabanagic, and Izet Dizdarevic upon receipt of the sum of $1.00 and other valuable consideration, plus costs. Resolution No. 2011-51 Page 2 PASSED AND ADOPTED this 24th day of January, 2011. E nest G. Clark, Mayor ATTEST: uzy Sc res, CMC City Clerk