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HomeMy WebLinkAbout1988-601-11.07.1988 RESOLUTION NO. 1988-601 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF A PORTION OF THE RIGHT-OF-WAY ALONG THE WEST SIDE OF KIMBALL AVENUE, SOUTH OF SAN MARNAN DRIVE TO TOWER PARK PARTNERSHIP, INC. FOR $2 , 000. 00 , 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 $2 , 000 . 00 , plus costs , has been made by Tower Park Partnership, Inc. , and WHEREAS, a public hearing was held on November 7 , 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 Tower Park Partnership, 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 October 21 , 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 Tower Park Partnership, Inc. to purchase real property for the sum of $2 , 000 . 00 and costs be, and it is hereby accepted for real property described below: That part of the NE 1/4 of Section 9-88-13 in the City of Waterloo, Black Hawk County, Iowa, described as follows: Commencing at the Northeast corner of said NE 1/4 of Section 9-88-13 ; thence S. 00°28 ' 22" E. along the East line of said NE 1/4 a distance of 796 . 58 feet; thence S. 89°31 ' 38" W. a distance of 60 . 00 feet to the Westerly R-O-W line of Kimball Avenue and the point of beginning; thence S. 32°33 ' 04" W. along said Westerly R-O-W line a distance of 91 . 78 feet; thence S. 01°44 ' 18" W. along said Westerly R•-O--W line a distance of 520 . 60 feet to the Northerly R-O-W line of U.S. 20 ; thence N. 12°38 ' 24" E. a distance of 176 . 78 feet; thence N. 00°28 ' 22" W. a distance of 130 . 00 feet; thence N. 05°20 ' 02" E. a distance of 296 . 52 feet to the point of beginning. The East line of the NE 1/4 of Section 9-88-13 is assumed to bear S. 00°28 ' 22" E. ; subject to the retention of a permanent utility easement over, under and above the above described parcel. 3 . That the City of Waterloo, Iowa, convey said parcel of real property to Tower Park Partnership, Inc. by Quit Claim Deed. 4. That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Tower Park Partnership, Inc. 1 Resolution No. 1988-601 Page 2 / / m M M ± n \ 2 5 . That the original of said deed fully executed and acknowledged is hereby a2proved and confirmed by the Council. 6. That the City Clerk is authorized and directed to deliver said deed of conveyance to Tower Park Partnership, Inc. \ upon receipt of the sum of $2 ,000 . 00, and costs. / m PASSED AND ADOPTED this 7th day of November, 1988 . m a 3 m I H o D o O e % % m M . \ ,may- 0 5 ®� .@ / » \ � / \ � \ / ( \ Bernard L. McK ler, May ATTEST: tar P. urger, C. y Clerk/Auditor \ \ � % a@ / 2 / % ax % msbx 8o A A 4 D gmpte o U M Sc ¥ % M M . m 2 \ M \ IO5-88E I .04 fir --1-- -... LIC > H › ti t1 t-I H 7J . rd Cn Cn HZHIJ00 0 bri.6 bsiuo9xe .11111 b99b 1)1E2 IO 1.zn j: -io 9fi C 0 Z > 7:J t1 ti , .i i Oiilo0 .c i yd bE)CTIlL InoJ bii :t.)evcriqq.6 vd9aeri = % H1 t;J C HH H C N CD O H H › H x > z O 0 o.1 be oealb br E bey:.;lol.{iu ai k_io1.-) V± t.:` _ z H Ci z+ Z .'prtI ,Ci ria—::?i 1�� +q 2{`l'F'3 €woT to eorLayovilco to eef ttri ° .'-d t7 ti O > . ai20 bns , OO . O0O , ` 10 fiTiJ2 1.3.;i J t7 H tri H H '0 tTi Z . 88e.;. , lecii evrM Iu vzb rii7 7:.irf., CarTgOr fY, o til i5 O :iH co 7j C H N COt. \ - y tj^ . US O H x z rn �, �_ �� tt > -C/10 I G] off ._...�._.._._ ` i M ,� ` �A °7M b� i. � t • z N '7] O H 1 C:) - 'i ri O Cn 1 t� n O \_�� H CD P Cr) k -1oa .b,;/`ilE,r.�% y: ,> , .sP b o \ czc) d , Cn C7 H n H 7i C 0 O nH til Z 0 < < til Cn tl tli XH tii1-c tI Cn H Cn > C O H z C > n H z H Cn t'i trit70H z, C7 0 > n t7 '1 • 7d CJ 0 rd 1-11