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HomeMy WebLinkAbout1988-481-08.22.1988 RESOLUTION NO. 1988-481 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CERTAIN EXCESS REAL PROPERTY TO NORTHLAND PRODUCTS CO. , INC. FOR $159. 50 , PLUS COSTS AND AUTHORIZING THE MAYOR AND DEPUTY 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 $159 . 50, plus costs, has been made by Northland Products Co. , Inc. , and WHEREAS, a public hearing was held on August 22 , 1988 , 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 Northland Products Co. , Inc. , 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 August 16 , 1988 , 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 Northland Products Co. , Inc. to purchase real property for the sum of $159 . 50 and costs be, and it is hereby accepted for real property described below: Those parts of Lots Two ( 2 ) and Three ( 3 ) in Sherwood Park, a subdivision in Sections Sixteen ( 16) and Twenty-one ( 21 ) , Township Eighty-nine North (T89N) , Range Thirteen West (R13W) , in the City of Waterloo, Black Hawk County, Iowa, described as follows: Commencing at the Northeast corner of Lot Two ( 2) ; thence N52°22 ' S0"W along the Northeasterly line of Lot Two ( 2) , Seventy ( 70 ) feet; thence S37°37 ' 10"W Sixty ( 60) feet; thence S65°28 ' 50"W Eighty ( 80 ) feet to the point of beginning; thence continuing S65°28 ' S0"W One Hundred Sixty-three and Eighty-six Hundredths ( 163 . 86 ) feet to a point on the Southwesterly line of Lot Three ( 3 ) , said point being Seventy (70) feet Northwesterly of the Southeasterly corner of Lot Three ( 3 ) ; thence N41°05 ' S0"E Forty-seven and Two Tenths ( 47 . 2 ) feet; thence N74°38 ' 20"E One Hundred Twenty-two and Forty-two Hundredths ( 122 . 42) feet to the point of beginning. 3 . That the City of Waterloo, Iowa, convey said parcel of real property to Northland Products Co. , Inc. by Quit Claim Deed. 4. That the Mayor and Deputy City Clerk are hereby authorized to execute and deliver deed to Northland Products Co. , Inc. 5 . That the original of said deed fully executed and acknowledged is hereby approved and confirmed by the Council. BOOK 28? ?AGE 647 Resolution No. 1988-481 Page 2 6. That the Deputy City Clerk is authorized and directed to deliver said deed of conveyance to Northland Products Co. , Inc. upon receipt of the sum of $159 . 50 , and costs. PASSED AND ADOPTED this 22nd day of August, 1988 . , - -.t---to—LA-(0 t NI .-ti-c/:_v-vA- Bernard L. McKnley, Mayor ATTEST: ; i ;.4. ',. . 1tJ , ' •fr A; / Michelle\.Temeyer, Deputy Cler /Auditor INDEXED 5E. COMPARED 't GEDbIty if 90 BLACK HAWK COUNTY, IDIYA:SS Filed for record Oct // 19 88 at 'f'1/a !' M, and recorded in o YY\.l.ac. Bock FPe 6. / 9 • �. � ins Recorder Deputy Fee 10. do -)i-u e4 cX a).a- e-cle-c, WV 282 PAGE 64/4 RESOLUTION NO. 1988-481 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CERTAIN EXCESS REAL PROPERTY TO NORTHLAND PRODUCTS CO. , INC. FOR $159. 50 , PLUS COSTS AND AUTHORIZING THE MAYOR AND DEPUTY 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 $159 . 50, plus costs, has been made by Northland Products Co. , Inc. , and WHEREAS, a public hearing was held on August 22, 1988 , 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 Northland Products Co. , Inc. , 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 August 16 , 1988 , 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 Northland Products Co. , Inc. to purchase real property for the sum of $159 . 50 and costs be, and it is hereby accepted for real property described below: Those parts of Lots Two ( 2) and Three ( 3 ) in Sherwood Park, a subdivision in Sections Sixteen ( 16) and Twenty-one ( 21) , Township Eighty-nine North (T89N) , Range Thirteen West (R13W) , in the City of Waterloo, Black Hawk County, Iowa, described as follows: Commencing at the Northeast corner of Lot Two ( 2 ) ; thence N52°22 ' S0"W along the Northeasterly line of Lot Two ( 2) , Seventy (70 ) feet; thence S37°37 ' 10"W Sixty ( 60 ) feet; thence S65°28 ' 50"W Eighty ( 80) feet to the point of beginning; thence continuing S65°28 ' 50"W One Hundred Sixty-three and Eighty-six Hundredths ( 163 . 86 ) feet to a point on the Southwesterly line of Lot Three ( 3 ) , said point being Seventy ( 70 ) feet Northwesterly of the Southeasterly corner of Lot Three ( 3 ) ; thence N41°05 ' 50"E Forty-seven and Two Tenths ( 47 . 2 ) feet; thence N74°38 ' 20"E One Hundred Twenty-two and Forty-two Hundredths ( 122. 42 ) feet to the point of beginning. 3 . That the City of Waterloo, Iowa, convey said parcel of real property to Northland Products Co. , Inc. by Quit Claim Deed. 4. That the Mayor and Deputy City Clerk are hereby authorized to execute and deliver deed to Northland Products Co. , Inc. 5 . That the original of said deed fully executed and acknowledged is hereby approved and confirmed by the Council. Resolution No. 1988-481 Page 2 tn Eti CO rt n 0 --I • 6 . That the Deputy City Clerk is authorized and directed to Ldeliver said deed of conveyance to Northland Products Co. , Inc. upon receipt of the sum of $159. 50 , and costs. PASSED AND ADOPTED this 22nd day of August, 1988. 0) n G V-1 ti frri Bernard L. 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