HomeMy WebLinkAbout2024-758-12.16.2024 Prepared Nancy Higby, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA
50703, (319) 291-4323.
RESOLUTION NO. 2024-758
RESOLUTION APPROVING A REAL ESTATE PURCHASE
AGREEMENT WITH JOHN R WOLFE AND MARGARET A
WOLFE, FOR THE PURCHASE OF 14 ACRES OF LAND FOR
$45,000 PER ACRE, AND RIGHTS TO PURCHASE IN SERIES
4 ADDITIONAL TRACTS OF LAND AND AUTHORIZING
THE MAYOR AND CITY CLERK TO SIGN AND EXECUTE
SAID DOCUMENTS.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA, as FOLLOWS:
1. That the Real Estate Purchase Agreement dated December 16, 2024, between John R
Wolfe and Margaret A Wolfe, and the City of Waterloo, Iowa, for the purchase of 14 acres of
land for $45,000 per acre, and rights to purchase in series 4 additional tracts of land, legally
described as follows:
LEGAL DESCRIPTION-4634 KIMBALL AVENUE
THE SOUTH ONE-HALF OF THE NORTH ONE-HALF OF THE SOUTHEAST
QUARTER OF SECTION NO. 9, TOWNSHIP NO. 88 NORTH, RANGE NO. 13
WEST OF THE FIFTH PRINCIPAL MERIDIAN, BLACK HAWK COUNTY, IOWA,
EXCEPT THOSE PARTS DEEDED TO BLACK HAWK COUNTY, IOWA, AND THE
CITY OF WATERLOO, IOWA IN 91 LD 186 AND 551 LD 237.
LEGAL DESCRIPTION-PROPERTY NORTH OF 4634 KIMBALL AVENUE
THE NORTH 40 ACRES OF THE SOUTHEAST QUARTER OF SECTION NO. 9,
TOWNSHIP NO. 88 NORTH, RANGE NO. 13 WEST OF THE FIFTH PRINIPAL
MERIDIAN, IN THE CITY OF WATERLOO, BLACK HAWK COUNTY, IOWA,
EXCEPT THAT PART CONDEMNED FOR ROAD PURPOSES BY BLACK HAWK
COUNTY, IOWA, BY CONDEMNATION PROCEEDINGS NO. 204 FILES IN THE
AUDITOR'S OFFICE OF SAID COUNTY AND ALSO EXCEPT THAT PART
CONVEYED TO THE CITY OF WATERLOO, IOWA, BY WARRANTY DEED
RECORDED IN 540 LD 788 AND ALSO EXCEPT THAT PART DESCRIBED AS
FOLLOWS:
BEGINNING AT A POINT ON THE EAST LINE OF THE SOUTHEAST QUARTER
OF SAID SECTION 9 WHICH POINT IS 334.40 FEET SOUTH OF THE
NORTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE
CONTINUING SOUTH 0 DEGREES 10' WEST ALONG SAID EAST LINE A
DISTANCE OF 175.00 FEET; THENCE SOUTH 89 DEGREES 15'30" WEST 452.00
FEET; THENCE NORTH 0 DEGREES 10' WEST 509.40 FEET TO THE NORTH
LINE OF SAID SOUTHEAST QUARTER; THENCE NORTH 89 DEGREES 15'30"
EAST ALONG SAID NORTH LINE A DISTANCE OF 163.00 FEET; THENCE
SOUTH 32 DEGREES 28' EAST 393 FEET (SOUTH 32 DEGREES 35' EAST 393.11
FEET); THENCE NORTH 89 DEGREES 50' EAST (NORTH 89 DEGREES 24'30"
EAST) 709.00 FEET TO THE POINT OF BEGINNING.
is hereby approved.
2. That the Mayor and City Clerk are authorized and directed to execute said documents on
behalf of the City of Waterloo, Iowa.
Resolution 2024-758
Page 2
PASSED AND ADOPTED this 16th day of December 2024.
tte,�/ /L � ,,,/ GIGITALLY
hK/ �/(.ITi J7 l/1/NL/TI SIGNED
Quentin Hart, Mayor
ATTEST:
Xeffey Felchfe OIGITGLLY
SIGNED
Kelley Felchle
City Clerk
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Resolution No. 2024-758 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 16th day of December 2024.
Witness my hand and seal of office this 16th day of December 2024.
Xeffey (Fe fchfe r-118"NINY
Kelley Felchle
City Clerk
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SEAL