HomeMy WebLinkAbout1988-529-09.19.1988 RESOLUTION NO. 1988-529
RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF
A PORTION OF THE SOUTHERLY RIGHT-OF-WAY OF EAST SAN
MARNAN DRIVE AND A PORTION OF THE EAST RIGHT-OF-WAY OF
HAMMOND AVENUE TO LOCKARD DEVELOPMENT, INC. FOR
$17, 000 . 00, 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 $17 , 000. 00 , plus costs , has been made by
Lockard Development, Inc. , and
WHEREAS, a public hearing was held on September 19, 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 Lockard Development, 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
September 9, 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 Lockard Development, Inc. to purchase
real property for the sum of $17 , 000. 00 and costs be, and it is
hereby accepted for real property described below:
A part of Lot 1, Southtown, Waterloo, Black Hawk County,
Iowa, described as follows:
Commencing at the NW corner of the NW 1/4 of Section
11-88-13 ; thence S. 00°00 ' 00" W. along the West line of said
NW 1/4 a distance of 475 . 00 feet; thence N. 90°00 ' 00" E. a
distance of 55 . 00 feet to the point of beginning; thence N.
00°05 ' 00" W. a distance of 135 . 36 feet to the Northerly line
of said Lot 1; thence S. 88°50 ' 30" E. along the Northerly
line of said Lot 1 a distance of 10 . 00 feet; thence S.
00°05 ' 00" E. a distance of 134 . 02 feet; thence S. 05°02 ' 00"
E. a distance of 228. 60 feet to the Southerly line of said
Lot 1; thence S. 89°26 ' 30" W. along the Southerly line of
said Lot 1 a distance of 30. 10 feet; thence N. 00°00 ' 00" E. a
distance of 226. 89 feet to the point of beginning;
The West line of the NW 1/4 of Section 11-88-13 is assumed to
bear S. 00° 00 ' 00" W.
and also;
A part of Lot 13 , Southtown, Waterloo, Black Hawk County,
Iowa, described as follows:
Beginning at a point on the Northerly line of said Lot 13
which is 27 . 10 feet Easterly of the NW corner of said Lot 13 ;
thence N. 89°26 ' 30" E. along the Northerly line of said Lot
13 a distance of 30 . 00 feet; thence S. 04°36 ' 05" E. a
Resolution No. 1988-529
Page 2
distance of 562 . 15 feet to the Southerly line of said Lot 13 ;
thence S. 89°28 ' 00 W. along the Southerly line of said Lot 13
a distance of 10 . 00 feet; thence N. 06°37 ' 44" W. a distance
of 563 . 91 feet to the point of beginning.
The Northerly line of Lot 13 , Southtown, Waterloo, Black Hawk
County, Iowa, is assumed to bear N. 89°26 ' 30" E.
and also;
A part of the NW 1/4 of Section 11-88-13 and a part of the SW
1/4 of Section 2-88-13 , Waterloo, Black Hawk County, Iowa,
described as follows:
Beginning at a point on the Northerly line of Lot 1 ,
Southtown, Waterloo, Black Hawk County, Iowa, which is 22 . 00
feet Easterly of the NW corner of said Lot 1 ; thence N.
00°00 ' 00" E. a distance of 50 . 00 feet; thence N. 59°47 ' 19" E.
a distance of 316 . 08 feet; thence N. 49°56 ' 30" E. a distance
of 262 . 21 feet; thence N. 89°26 ' 30" E. parallel with the
South line of said SW 1/4 a distance of 172. 93 feet to the
Northerly line of Lot 4 , Southtown, Waterloo, Black Hawk
County, Iowa; thence S. 49°56 ' 30" W. along the Northerly line
of said Lots 4 and 1 a distance of 595 . 65 feet; thence N.
88°50 ' 30" W. along the Northerly line of said Lot 1 a
distance of 190 . 90 feet to the point of beginning.
The West line of the NW 1/4 of Section 11-88-13 is assumed to
bear S. 00°00 ' 00" E.
and, also;
A part of the SW 1/4 of Section 2-88-13 , Waterloo, Black Hawk
County, Iowa, described as follows :
Commencing at the Northeast corner of Lot 4, Southtown,
Waterloo, Black Hawk County, Iowa; thence S. 89°26 ' 30" W.
along the Northerly line of said Lot 4 a distance of 357 . 10
feet to the point of beginning; thence S. 89°26 ' 30" W.
parallel with the South line of said SW 1/4 a distance of
172 . 93 feet; thence N. 49°56 ' 30" E. a distance of 429. 92 feet
to the Easterly R-O-W line of E. San Marnan Drive; thence S.
00°14 ' 00" E. along said Easterly R-O-W line a distance of
143 . 23 feet; thence S. 49°56 ' 30" W. along said Easterly R-O-W
line a distance of 204 . 75 feet to the point of beginning.
The South line of the SW 1/4 of Section 2-88-13 is assumed to
bear S. 89°26 ' 30" W. ;
subject to the retention of a permanent easement over, under
and above the above described parcels.
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to Lockard Development, Inc. by Quit Claim Deed.
4 . That the Mayor and Deputy City Clerk are hereby authorized to
execute and deliver deed to Lockard Development, Inc.
5 . That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6 . That the Deputy City Clerk is authorized and directed to
deliver said deed of conveyance to Lockard Development, Inc. upon
receipt of the sum of $17 , 000 . 00, and costs.
Resolution No. 1988-529
Page 3
PASSED AND ADOPTED this 19th day of September, 1988.
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Bernard L. McKinley, Mayor
ATTEST:
Michel a Temeyer, Deputy C rk/Auditor
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Page 2
distance of 562 . 15 feet to the Southerly line of said Lot 13 ;
thence S. 89°28 ' 00 W. along the Southerly line of said Lot 13
a distance of 10. 00 feet; thence N. 06°37 ' 44" W. a distance
of 563 . 91 feet to the point of beginning.
The Northerly line of Lot 13 , Southtown, Waterloo, Black Hawk
County, Iowa, is assumed to bear N. 89°26 ' 30" E.
and also;
A part of the NW 1/4 of Section 11-88-13 and a part of the SW
1/4 of Section 2-88-13 , Waterloo, Black Hawk County, Iowa,
described as follows:
Beginning at a point on the Northerly line of Lot 1,
Southtown, Waterloo, Black Hawk County, Iowa, which is 22 . 00
feet Easterly of the NW corner of said Lot 1 ; thence N.
00°00 ' 00" E. a distance of 50 . 00 feet; thence N. 59°47 ' 19" E.
a distance of 316 . 08 feet; thence N. 49°56 ' 30" E. a distance
of 262 . 21 feet; thence N. 89°26 ' 30" E. parallel with the
South line of said SW 1/4 a distance of 172 . 93 feet to the
Northerly line of Lot 4 , Southtown, Waterloo, Black Hawk
County, Iowa; thence S. 49°56 ' 30" W. along the Northerly line
of said Lots 4 and 1 a distance of 595 . 65 feet; thence N.
88°50 ' 30" W. along the Northerly line of said Lot 1 a
distance of 190. 90 feet to the point of beginning.
The West line of the NW 1/4 of Section 11-88-13 is assumed to
bear S. 00°00 ' 00" E.
and, also;
A part of the SW 1/4 of Section 2-88-13 , Waterloo, Black Hawk
County, Iowa, described as follows:
Commencing at the Northeast corner of Lot 4, Southtown,
Waterloo, Black Hawk County, Iowa; thence S. 89°26 ' 30" W.
along the Northerly line of said Lot 4 a distance of 357 . 10
feet to the point of beginning; thence S. 89°26 ' 30" W.
parallel with the South line of said SW 1/4 a distance of
172 . 93 feet; thence N. 49°56 ' 30" E. a distance of 429 . 92 feet
to the Easterly R-O-W line of E. San Marnan Drive; thence S.
00°14 ' 00" E. along said Easterly R-O-W line a distance of
143 . 23 feet; thence S. 49°56 ' 30" W. along said Easterly R-O-W
line a distance of 204 . 75 feet to the point of beginning.
The South line of the SW 1/4 of Section 2-88-13 is assumed to
bear S. 89°26 ' 30" W. ;
subject to the retention of a permanent easement over, under
and above the above described parcels .
3 . That the City of Waterloo, Iowa, convey said parcels of
real property to Lockard Development, Inc. by Quit Claim Deed.
4. That the Mayor and Deputy City Clerk are hereby authorized to
execute and deliver deed to Lockard Development, Inc.
5. That the original of said deed fully executed and
acknowledged is hereby approved and confirmed by the Council.
6. That the Deputy City Clerk is authorized and directed to
deliver said deed of conveyance to Lockard Development, Inc. upon
receipt of the sum of $17 ,000 . 00 , and costs.
Resolution No. 1988-529
Page 3
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PASSED AND ADOPTED this 19th day of September, 1988.
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Bernard L. McKiz%ley, Mayor
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Michelle Temeyer, Deputy lerk/Auditor
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