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HomeMy WebLinkAbout1987-173-04.20.1987 (Recorded) RESOLUTION NO. 1987-173 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CERTAIN EXCESS REAL PROPERTY TO PEOPLES BANK AND TRUST COMPANY FOR $1 , 332. 64 , PLUS COSTS AND AUTHORIZING THE MAYOR AND CITY CLERK 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, and WHEREAS, an offer to purchase said certain parcel of real property in the sum of $1, 332 . 64 , plus costs, has been made by Peoples Bank and Trust Company, and, WHEREAS, a public hearing was held on April 20 , 1987 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 the proposal to sell and convey premises owned by the City of Waterloo, Iowa to Peoples Bank and Trust Company, Waterloo, Iowa, 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 April 14 , 1987 , 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 Peoples Bank and Trust Company to purchase real property for the sum of $1, 332 . 64 and costs be, and is hereby accepted for real property described below: ( 40 ' x 160. 5 ' parcel) - The Southwesterly 40 . 0 feet in even width of Lot 15 in Auditor' s Plat of Cascaden and Ballou' s Subdivision of Lots 26 , 27 and the Northwesterly 40 feet of Lot 28, Fractional Block 6 , Original Plat; on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa; and ( 23 . 67 ' x 123 ' parcel) - The Northeasterly 23 . 67 feet of the Southwesterly 252 . 67 feet of Lot 28, except the Northwesterly 40. 0 feet thereof; the Northeasterly 23 . 67 feet of the Southwesterly 252. 67 feet of Lot 29; and the Northeasterly 23 . 67 feet of the Southwesterly 252. 67 feet of the Northwesterly 43 . 0 feet of Lot 30 , all in Fractional Block 6 , Original Plat on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa; and ( 17 ' x 235 ' parcel) - The Southwesterly 235. 0 feet in even width of Lot 30, Fractional Block 6 , Original Plat on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa, except the Northwesterly 43 . 0 feet thereof. 3 . That the City of Waterloo, Iowa, convey said parcels of real property to Peoples Bank and Trust Company by Quit Claim Deed, the form of which is hereto attached and approved. 4. That the Mayor and City Clerk are hereby authorized to Q execute and deliver deeds to Peoples Bank and Trust Company. BOOK 215 5 PAGE 1O 1 Resolution No. 1987-173 Page 2 5 . That the original of said deed fully executed and acknowledged having been submitted with this Resolution, the same is hereby approved and confirmed by the Council. 6 . That the City Clerk is authorized and directed to deliver said deed of conveyance to Peoples Bank and Trust Company upon receipt of the sum of $1 , 332 . 64 and costs. PASSED AND ADOPTED this 20th day of April, 1987 . Bernard ! /L. McKi�ey, May r ATTEST: Larr P. rger, Cit " Audi to Bow Z75 viz 1 STATE OF IO W A I do solemnly swear that the annexed copy of , L e g a l -C i t y o f W i l o 0 58 MI ,k11swkComity_ Public Hearing. April 209 Sell Property to Peoples Bank NOTICE OF PUBLIC HEARING To WNotice lt May yglventhaConcern: • notice was published in the lu nterloo Lollricr a daily newspaper printed in Waterloo. Notice is hereby given that on the 20th day of April, 1987, at 7:00 P.M.,pursuant to the Council Re Black Hawk County,No. 1987-158 adoptedy, Iowa once IP- ler 9eMNM1We April 13, 1987, In the Council Chambers in the City Hall In the' City of Waterloo, Iowa, a public 010901114.19.1011trowlive dareal AP. in the issue/of hearing will be held by the Council of the City of Waterloo, Iowa,on the proposal to sell and convey real property generally bounded April 149 1987 by West Fifth, West Sixth, and Commercial Streets and the Cedar River to Peoples Bank& • Trust Company owned by the City of said newspaper, and that the annexed rate of of Waterloo, Iowa, described as follows: advertising is the regular legal rate of said newspaper,and that the following Is a correct bill for (40'X 160.5'Parcel)-The South- westerly 40.0 feet in even widtt:of publishing said notice. /-- of CascadenLot 15nanddltor Ballou'siat Sub- ' �, , (,j () Printer's Bill $ division of Lots 26, 27 and the Northwesterly 40 feet of Lot 28, Fractional Block 6,Original c:241....ot-12...r.f2---Cr-- J on the West Sidee of the Cedar River, Waterloo, Black Hawk * Signed County,Iowa. g (23.67'X 123'Parcel)-The North- , easterly 23.67 feet of the South- Subscribed and sworn to before'methis { `"' day of westerly 252,67 feet of Lot 28,ex- cept the Northwesterly 40.0 feet '� a 7 ^ ` thereof; the Northeasterly .67 F z=`` A,D.,19�,J(` ,JI feet of the Southwesterly 252.67 a feet of Lot 29; and the North- e � easterly 23.67 feet of the South- „ 47 westerly 252.67 feet of the North- 7 [ ._ ,ji,,, (/ westerly 43.0 feet of Lot 30,all in Fractional Block 6,Original Plat Notary Public on the West Side of the Cedar River, Waterloo, Black Hawk County,Iowa. Received of (17'X 235'Parcel) -The South- westerly 235.0 feet in even width of latontheWe tSideoft Or- iginal the sum of Dollars Cedar River, Waterloo, Black Hawk County, Iowa, exept the in full for publication of the above notice. Northwesterly 43.0 feet thereof. j Anyone who Is Interested may ap-i pear at said time and place and be i heard or may file written ob)ec-I tions with the City Clerk/Auditor, "'.f City Hall,Waterloo,Iowa,before - -- IV tql_ the date set for said hearing. IIWA:� By order of the Council of the City 1 '� --' BLACK HAWK COUNTY, 1 p ,y �rlooithis 13th day of April,I INDEXED ✓ Filed for record�(p 19 (7 ra — ;d`..U.N COMPARED PAGED at 3.o'r �'l, and recorded in v -ma-c t- Book c9 75' Page 7t • N N Recorder Deputy Fee S.o 0 fiA__-11 Ce:, e4,/-0-.,- ctie-c—•‘-- BOOK 275 PACE 98 NOTICE OF PUBLIC HEARING j To Whom It May Concern: It Notice is hereby given that on the 20th day of April, 1987, at 7:00 ` •i Fit P.M.,pursuant to the Council Re Legal —City Of Vv l o 0 solution No. 1987-158 adopted I do solemnly swear that the annexed copy of April '13, 1987, In the Council 1 SS • Chambers in the City Hal!In the; I3laciCityof Waterloo, Iowa,a public I Public Hearing April 20, Sell Property to Peoples Bank hearing will be held by the Council l of the City of Waterloo, Iowa,on the proposal to sell and convey, notice was published in the Wntcr(oo Louricr a daily newspaper printed in Waterloo, real property generally bounded by West Fifth, West Sixth, end Commercial Streets and the Black Hawk County, Iowa once Jb- .. v- nensusuIi'e Cedar River to Peoples Bank 6 Trust Company owned by the City of Waterloo, lows, described as follows: defog -M in the issue/of (40'X 160.5'Parcel)-The South- westerly 40.0 feet in even width of Lot 15 In Auditor's Plat of A P r i I 14 9 1987 Cascaden and Ballou's Sub- division of Lots 26, 27 and the Northwesterly 40 feet of Lot 28, Fractional Block 6,Original Plat; • on the West Side of the Cedar River, Waterloo, Black Hawk of said newspaper, and that the annexed rate of County,Iowa. advertisingis the regular legal rate of said newspaper,and that the followingis a correct bill for (23.67'X 123'Parcel)-The North- g g easterly 23.67 feet of the South- westerly 252.67 feet of Lot 28,ex- I. cept the Northwesterly 40.0 feet Printer's Bill $ L — t 7) U.thereof; the Northeasterly 23.67 feet of the Southwesterly 252.67 feet of Lot 29; and the South / 3.66.-n....r____ easterly 23.67 feet of the South- �[�GL '+sue• westerly 252.67 feet of the North- westerly 43.0 feet of Lot 30,all In _ Fractional Block 6,Original Plat d, on the West Side of the Cedar Subscribed and sworn to before me this ' y �y, day of River, Waterloo, Black Hawk County,Iowa. /7 (17'X 235' Parcel) •The South- a,...,:y,westerly235.0feetlnevenwidthof A.D., 19 8 / Lot 30, Fractional Block 6, Or �.') iginal Plat on the West Side of the Cedar River, Waterloo, Black (//� f .�,� Hawk County, Iowa, exept the q.� 6� L L t,Z.7, ' Northwesterly 43.0 feet thereof. Notary Public Anyone who Is Interested may ap pear at said time end place and be Received of heard or may file written obiec- tions with the City Clerk/Auditor, Waterloo,lower the,,,,.a set for said naa, 8y order of the Council of the City the sum of Dollars of Waterloo this 13th day of April, 1987. in full for publication of the above notice. Larry P.Burger City Clerk/Auditor RESOLUTION NO. 1987-173 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CERTAIN EXCESS REAL PROPERTY TO PEOPLES BANK AND TRUST COMPANY FOR $1,332 . 64 , PLUS COSTS AND AUTHORIZING THE MAYOR AND CITY CLERK 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, and WHEREAS, an offer to purchase said certain parcel of real property in the sum of $1 , 332 . 64 , plus costs, has been made by Peoples Bank and Trust Company, and, WHEREAS, a public hearing was held on April 20 , 1987 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 the proposal to sell and convey premises owned by the City of Waterloo, Iowa to Peoples Bank and Trust Company, Waterloo, Iowa, 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 April 14 , 1987 , 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 Peoples Bank and Trust Company to purchase real property for the sum of $1, 332 . 64 and costs be, and is hereby accepted for real property described below: ( 40 ' x 160 . 5 ' parcel) - The Southwesterly 40. 0 feet in even width of Lot 15 in Auditor ' s Plat of Cascaden and Ballou' s Subdivision of Lots 26 , 27 and the Northwesterly 40 feet of Lot 28 , Fractional Block 6 , Original Plat; on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa; and ( 23 . 67 ' x 123 ' parcel) - The Northeasterly 23 . 67 feet of the Southwesterly 252 . 67 feet of Lot 28, except the Northwesterly 40 . 0 feet thereof; the Northeasterly 23 . 67 feet of the Southwesterly 252. 67 feet of Lot 29; and the Northeasterly 23 . 67 feet of the Southwesterly 252 . 67 feet of the Northwesterly 43 . 0 feet of Lot 30, all in Fractional Block 6 , Original Plat on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa; and ( 17 ' x 235 ' parcel) - The Southwesterly 235 . 0 feet in even width of Lot 30, Fractional Block 6 , Original Plat on the West Side of the Cedar River, Waterloo, Black Hawk County, Iowa, except the Northwesterly 43 . 0 feet thereof. 3 . That the City of Waterloo, Iowa, convey said parcels of real property to Peoples Bank and Trust Company by Quit Claim Deed, the form of which is hereto attached and approved. 4 . That the Mayor and City Clerk are hereby authorized to execute and deliver deeds to Peoples Bank and Trust Company. Resolution No. 1987-173 Page 2 5 . That the original of said deed fully executed and acknowledged having been submitted with this Resolution, the same is hereby approved and confirmed by the Council. 6 . That the City Clerk is authorized and directed to deliver said deed of conveyance to Peoples Bank and Trust Company upon receipt of the sum of $1 , 332 . 64 and costs . a v PASSED AND ADOPTED this 20th day of April, 1987 . i H y 5 . cv • J n 777( (41(:-.V1-'6/ Bernard L. 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