HomeMy WebLinkAbout2011-662-07/11/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2011-662
RESOLUTION ACCEPTING AND APPROVING CERTAIN
ACQUISITION CONTRACT TO SELL REAL PROPERTY TO
THE CITY AND ACCEPTING AND APPROVING CERTAIN
DEED.
WHEREAS, the City of Waterloo, Iowa, has had the parcel
described herein appraised and the fair market value ascertained,
and
WHEREAS, the acquisition of the hereinafter described parcel
is in conjunction with long-term redevelopment of the site and
neighborhood.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA, that the contract for the parcel hereinafter
described to sell the same to the City of Waterloo, Iowa, all of
which is situated in the City of Waterloo, Black Hawk County,
Iowa, is accepted and approved and the Mayor and City Clerk are
authorized and directed to execute the same in behalf of the City
and to execute all instruments necessary to consummate the
agreement to purchase the property from the owner thereof, and
the deed for the conveyance of the same is also accepted and
approved and the City of Waterloo is directed to pay for the
property from City funds.
The subject address is:
Owner - Youngblut Contracting Inc.
Parcel No. - 881313478008
Total Acquisition - $1.00, plus estimated closing costs
up to $50.00
Tract A, Westdale, also known as assessor parcel no.
881313478008, City of Waterloo, Iowa.
PASSED AND ADOPTED this 11th day of July, 2011.
'E'y le &45:�
Ernest G. Clark, nayor
ATTEST:
Suzy Sc ares, CMC
City Cl rk