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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. c,*._,C_A.,-----(N_,,c,„.,-,1-Q_ Bernard L. McKinley, Mayor ATTEST: Michel a Temeyer, Deputy C rk/Auditor p 'H ► S019E0rV0 'S aouaq; :4aaj 00 '0E Jo DOUP4STP p ET ;or' pips go auTT ATzaq41ON aq4 buoTP •H „0£ I9Z068 'N aouag4 ! 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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 — o o PASSED AND ADOPTED this 19th day of September, 1988. C-7" HcD v--e13 o Bernard L. 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