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HomeMy WebLinkAbout1987-107-03.16.1987 RESOLUTION NO. 1987-107 RESOLUTION TO REFRAIN FROM ENFORCING COLLECTION OF FEDERAL GENERAL REVENUE SHARING FUNDS USED FOR ELLIS HOTEL DEMOLITION. WHEREAS, the City Council of the City of Waterloo, Iowa approved the use of $15,000 of Federal General Revenue Sharing Funds to assist in the Ellis Hotel Demolition in Resolution No. 1986-660 on or about the 24th day of November, 1986, and, WHEREAS, $10,000 of the approved $15,000 was used for said demolition and, therefore the City could file a lien against the real estate, and ': T ~ WHEREAS, a request has been made to the City Council of the City of Waterloo, Iowa by Siberts-Unique Cleaners to refrain from e enforcing the lien in order to enable Siberts-Unique Cleaners to ..; purchase the real estate for purposes of economic development. 0 00 `; NOW, THEREFORE, be it resolved by the City Council of the City c of Waterloo, Iowa that the City hereby declares its intent to abandon any and all right, title and interest in the $10,000 and, furthermore, to refrain from legally enforcing a lien against the real estate legally described as: cp .--iti m A part of Lot No. Three (3), in Block No. Fifteen (15) in the �' R- Original Plat, on the East Side of the Cedar River, in the o F City of Waterloo, Black Hawk County, Iowa, described as follows: 0 R- Commencing at the most Westerly corner of said Lot No. Three (3) ; running thence Northeasterly along the Northwesterly line of said Lot a distance of Thirty-five and Sixty-six Hundredths (35.66) feet: thence Southeasterly along the Northeasterly face of the brick wall a distance of Forty-eight and Forty-eight Hundredths (48.48) feet; thence Northeasterly along an offset in said wall a distance of Seventy-five Hundredths ( .75) feet; thence Southeasterly along the Northeasterly face of said brick wall and as said wall is extended, a distance of Twenty and Eighty-two Hundredths (20.82) feet: thence Southwesterly along the Southeasterly line of the Northwesterly Sixty-nine and Three Tenths (69.3) feet of said Lot a distance of Thirty-six and Sixty-three Hundredths (36.63) feet to the Southwesterly line of said Lot; thence Northwesterly along the Southwesterly line of said Lot a distance of Sixty-nine and Three Tenths (69.3) feet to the point of beginning. ALSO The Northeasterly Ten (10) feet of Lot No. Five (5): all of Lot No. Six (6) ; the Northwesterly One Hundred Sixteen (116) feet of Lots Nos. Seven (7) and Ten (10) and the Northeasterly Ten (10) feet of the Southeasterly Thirty-four (34) feet of Lot No. Seven (7) all in Block No. Fifteen (15) in the Original plat, on the East Side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa: commonly known as the former Ellis Hotel in Waterloo, Black Hawk County, Iowa. Passed and adopted this 16th day of Mar , , 1987. (te,AL, Jack L. 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