HomeMy WebLinkAbout2011-492-06/06/2011Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA, 50703.
RESOLUTION NO. 2011-492
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 future development.
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 - Forge Industries Inc.
Parcel No. - 8913-25-405-004
Total Acquisition - $1.00, plus closing costs up to
$5,000.00
Lots 1, 2, & 3 of Block 16, Hayes Addition, City of
Waterloo, Iowa.
PASSED AND ADOPTED this
ATTEST:
Suzy S res, CMC
City Clerk
6th day of June, 2011.
E nest Clark, ayor