HomeMy WebLinkAbout2025-015-01.06.2025 (RECORDED) 2026-01182
RECORDED: 01/27/2026 03:39:57 PM
RECORDING FEE: $27.00
REVENUE TAX: $
COMBINED FEE: $27.00
SANDIE L. SMITH, RECORDER
BLACK HAWK COUNTY, IOWA
Prepared by Nancy Higby, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-015
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY-OWNED PROPERTY, LOCATED AT THE
NORTHEAST CORNER OF THE CN RAILROAD AND
LEVERSEE ROAD, IN THE AMOUNT OF $1.00, TO
INTERNATIONAL PAPER COMPANY, AND AUTHORIZING
THE MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the legal owner of property located at the
northeast corner of the CN Railroad and Leversee Road, in the City of Waterloo, Iowa, and
legally described as follows:
A PARCEL OF LAND SITUATED IN PART OF THE SOUTHWEST
1/4 OF SECTION 5, TOWNSHIP 89 NORTH, RANGE 13 WEST OF
THE 5TH PRINCIPAL MERIDIAN, CITY OF WATERLOO, BLACK
HAWK COUNTY, STATE OF IOWA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
5; THENCE NORTH 00° (DEGREES) 36' (MINUTES) 39" (SECONDS)
EAST (ASSUMED BEARING FOR THE PURPOSE OF THIS
DESCRIPTION) ON THE WEST LINE OF THE SOUTHWEST 1/4 OF
SAID SECTION 5, A DISTANCE OF 795.59 FEET; THENCE SOUTH
89°23'21" EAST, 33.00 FEET TO THE INTERSECTION OF THE
PRESENT NORTHERLY RIGHT-OF-WAY LINE OF THE
CANADIAN NATIONAL RAILROAD AND THE PRESENT
EASTERLY RIGHT-OF-WAY LINE OF LEVERSEE ROAD, BEING
THE POINT OF BEGINNING; THENCE NORTH 00°36'39" EAST ON
SAID EASTERLY RIGHT-OF-WAY LINE, 1,189.64 FEET; THENCE
SOUTH 89°08' 13" EAST, 2,368.20 FEET TO A LINE THAT IS 684.00
FEET NORTHWESTERLY OF AND PARALLEL WITH THE
CENTERLINE OF RUNWAY 18/36 AND ITS EXTENSION
SOUTHWESTERLY; THENCE SOUTH 07°02' 11" WEST ON SAID
LINE, 1 ,258.31 FEET TO THE PRESENT NORTHERLY RIGHT-OF-
WAY LINE OF THE CANADIAN NATIONAL RAILROAD; THENCE
NORTH 89°12'44" WEST ON SAID NORTHERLY RIGHT-OF-WAY
LINE, 1,535.05 FEET; THENCE WESTERLY ON SAID NORTHERLY
RIGHT-OF-WAY LINE BEING A 2,370.51-FOOT RADIUS CURVE
CONCAVE NORTHERLY AND HAVING A 423.99-FOOT LONG
CHORD BEARING NORTH 86°21 '44" WEST, A DISTANCE OF
424.56 FEET (ARC LENGTH); THENCE WESTERLY ON SAID
NORTHERLY RIGHT-OF-WAY LINE BEING A 2,557.26-FOOT
RADIUS CURVE CONCAVE NORTHERLY AND HAVING A 272.51-
FOOT LONG CHORD BEARING NORTH 80°04'57" WEST, A
DISTANCE OF 272.63 FEET (ARC LENGTH) TO THE POINT OF
BEGINNING.
CONTAINING 2,865,228 SQUARE FEET OR 65.78 ACRES.
AND AN OPTION AREA OF THE SOUTH 30 ACRES (MORE OR
LESS) OF THE FOLLOWING DESCRIBED PARCEL: A PARCEL OF
LAND LOCATED IN THE SOUTHWEST QUARTER AND
NORTHWEST FRACTIONAL QUARTER OF SECTION 5,
TOWNSHIP 89 NORTH, RANGE 13 WEST OF THE 5TH PRINCIPAL
Resolution 2025-015
Page 2
MERIDIAN, CITY OF WATERLOO, BLACK HAWK COUNTY,
STATE OF IOWA, AND
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
5; THENCE NORTH 00°36'49" EAST (NORTH 00°36'39" EAST PER
RELEASES OF FEDERAL ENCUMBRANCES AT THE WATERLOO,
IOWA REGIONAL AIRPORT SURVEY PREPARED BY
EARTHTECH DATED JANUARY 26, 2006) ALONG THE WEST
LINE OF SAID SECTION 795.25 FEET; THENCE SOUTH 89°23'11"
EAST (SOUTH 89°23'21" EAST PER EARTHTECH SURVEY) 33.00
FEET TO THE INTERSECTION OF THE PRESENT NORTHERLY
RIGHT-OF-WAY LINE OF THE CANADIAN NATIONAL
RAILROAD AND THE EAST RIGHT-OF-WAY LINE OF LEVERSEE
ROAD AND ALSO BEING THE SOUTHWEST CORNER OF
AIRPORT RELEASE PARCEL D PER EARTHTECH SURVEY;
THENCE NORTH 00°36'49" EAST (NORTH 00°36'39" EAST PER
EARTHTECH SURVEY) ALONG THE EAST RIGHT-OF-WAY LINE
LEVERSEE ROAD 1189.64 FEET TO THE NORTHWEST CORNER
OF SAID RELEASE PARCEL D AND THE POINT OF BEGINNING
OF THIS DESCRIPTION; THENCE CONTINUING NORTH 00°36'49"
EAST ALONG THE SAID EAST LEVERSEE ROAD RIGHT-OF-WAY
702.35 FEET TO THE NORTH LINE OF THE SOUTHWEST
QUARTER OF SECTION 5; THENCE NORTH 00°27'21" EAST
ALONG THE EAST RIGHT-OF-WAY LINE OF LEVERSEE ROAD
395.39 FEET TO THE SOUTHWESTERLY LINE OF AIRPORT
RELEASE PARCEL C; THENCE SOUTH 89°47'33" EAST (SOUTH
89°48'20" EAST PER EARTHTECH SURVEY) ALONG SAID
SOUTHWESTERLY LINE 208.35 FEET; THENCE NORTH 67°02'45"
EAST (NORTH 67°02'10" EAST PER EARTHTECH SURVEY)
ALONG THE SOUTHEASTERLY LINE OF RELEASE PARCEL C
2623.16 FEET (2623.53 FEET PER EARTHTECH SURVEY) TO THE
SOUTHEAST CORNER OF SAID PARCEL; THENCE SOUTH
07°02'54" WEST ALONG A LINE THAT IS 684 FEET
NORTHWESTERLY OF AND PARALLEL WITH THE CENTERLINE
OF RUNWAY 18/36 AND ITS SOUTHWESTERLY EXTENSION
2172.16 FEET TO THE NORTHEAST CORNER OF SAID RELEASE
PARCEL D; THENCE NORTH 89°08'07" WEST (NORTH 89°08'13"
WEST PER EARTHTECH SURVEY) ALONG THE NORTH LINE OF
RELEASE PARCEL D 2368.20 FEET TO THE POINT OF BEGINNING
CONTAINING 3,883,827 SQUARE FEET OR 89.16 ACRES.
and,
WHEREAS, an offer to purchase said parcel of real property, in the amount of$1.00, has
been made by International Paper Company, and
WHEREAS, a public hearing was held on January 6, 2025, at 5:30 p.m., as provided by
law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo, Iowa,to International Paper Company, and
WHEREAS, it is the opinion of this Council that the 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 above-described property located at the northeast corner of the CN Railroad and
Leversee Road, in the City of Waterloo, Iowa, as fully described in the published notice in the
Waterloo Courier December 14, 2024, is not presently needed, and will not be needed in the
foreseeable future for municipal purposes, and its ownership is serving no municipal purpose.
Resolution 2025-015
Page 3
2. That the offer of International Paper Company, to purchase said property located at
the northeast corner of the CN Railroad and Leversee Road, in the City of Waterloo, Iowa, for
the sum of$1.00, is hereby accepted for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcel of real property to International
Paper Company, by special warranty deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said special warranty deed, fully executed and acknowledged, is
hereby approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to International Paper Company, upon receipt of the sum of
$1.00.
PASSED AND ADOPTED this 6th day of January 2025.
/ /'' m u M /I...l .�/ ill'LiM1!!Y
thK//W/l/// UI/. � lIN///./TV :SIGNED,
Quentin Hart, Mayor
ATTEST:
7(elThy Eeleh(e °I`"
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. 2025-015 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 6th day of January 2025.
Witness my hand and seal of office this 6th day of January 2025.
7(e(1 y L e(h1 INfd111i
/�\ SIGNED
aL
Kelley Felchle, City Clerk
SEAL
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THE COURIER
AFFIDAVIT OF PUBLICATION
NONCE OF PUBLIC HEARING
TO WHOM IT MAy CONCERN.
Notice Is hereby Own that on lie
Waterloo Cedar Falls Courier 30
6in°n the Haan t. y Ca, cif
Chambers n the City Hal in the Coy
6915 Chancellor Drive a Waterloo Nem.a public hearingsellbe bilk!by the Carvell of the Cry
Cedar Falls 50613 of Waterloo,Iowa.for the sale lent
conveyance of City-owned properly
(319)291-1400 to Indernatior l Paper CoeF 1y In
the arum of 51.Od.ere approval
or a Qevekpment 5enr for ow
construction of 800.0.b00 c0 equate feet
a IhdnshiN bidding 'th no lames
State of New Jersey, County of Hudson, ss: ter BBaan Assessyears Tin email
Vamount
Minimum of Assessment A men!
Vs thofcastco if t20
ad at Salved nett-cast comet d Io CN
sccbe and Nears Road.legdky
described as Nliaws:
Yuade Moore, being first duly sworn, deposes and says:That(s)he A parcel d land situated in part of the
Southweis a duly authorized signatory of Column Software, PBC, duly69 Norte Ing)e a of Section 5.TownsonMe51h
9 Y Principal Meridian.3Crty d Waterba
authorized agent of Waterloo-Cedar Falls Courier, a publication that Bad Hawk County,Stela ed Iowa.
more pallbuln fly do 0oe s
md as follows:
Commencing at e Seances!Co-
is a"legal newspaper"as that phrase is defined for the city of Cedar a of said Section o thence Nodh
06'rtl 36•Ir finder 39"isee-
Falls, for the County of Black Hawk, in the state of Iowa, that this order yes oo hearing on
the 6r lots description)
nawest lneoru,e$wn� a
affidavit is Page 1 of 2 with the full text of the sworn to notice set kn;°Section
a South 1392 2;E
33,00 feet to lie intersection of lie
forth on the pages that follow, and that the attachment hereto present northerly bghlaaroay line
the Canadian ties orW Rallnad and
contains the correct copy of what was published in said legal the present Raid. `ano he f
a beginning,
Read.hoick he 1point d
t'glnnirg: Metre Nall, JO''3E'3_'
newspaper in consecutive issues on the following dates: ;;3NNIbett oceSouth" 99:2a;3•
Eesl.2366.20 feel to a Ole Set is
684.00 leaf nortbwesteny a and
parallel with the centerline of runway
laic,and its eotensidn southwest,
lid:Beebe South 07'021','West on
PUBLICATION DATES: 5iirJJItre.1,2583I feet to Me present
Cana-
dian Notarial Railroad.thieve th a North
Dec. 21, 2024 89'12aa•West c sale northern,
ileetd-way are.1.535.05 teat thence
westethi on Said northerly'kV-a-
bot talus
NOTICE ID:4dCfGY4lerJFsQMYNLRU way lna bang a2.370.51-
370.1-bayin9s
d33.941ovt lon3 U,oM baafklg NUIh
PUBLISHER ID: COL IA 601471 86 langmrathence a cn Fide tar_
NOTICE NAME: DA w MAA(Intl Paper)(PH 1.6) act57.264 traiuswilylkwbong
s l nottiaJmi ratan,.urge macaw
northerly and hatino a 272.514oa
Publication Fee: $99.30 long<nad bearing Nam 90-V4571
West-a distance of 272.E3 feet last
length,le the point of beginning.
Centering as6522E square feet of
66 78 acres.
`` And an Option Area of the south 30
(S gnc'() V Qt .. acres!more or less)Of the 0X0w0g
described meet
A parcel of tand Iccand'.n the South.
west Quarter and lbnnaest Fran
onal Quarter a Section 5,Tnwnsmp
89 Norte.Range 13'Nest of the 51h
Principal Meridian.City a Waterloo.
VERIFICATION SHANNEA H HOLMES Black
ern engmer�pa particularly
NOTARY PUBLIC a follows
Commencing it the southwest cot-
STATE OF NEW JERSEY nee of said scan 5.thence Nash
State of New Jersey00'24'a4'East(North 0fn363V'Etat
My Commission Expires August t,2026 per Releasee of Federal enxooe aene-
a3 el the Waterloo.lava Regional
County of Hudson Moon survey placated by EaltiTeen
dated January 26 200e).along me
teat the of geld section 70525 feelat:
thence South 88'23'11"East(South
8023'21^East par Eadh180 survey)
3300 feet to Me tersaokon or Ire
Subscribed in my presence and sworn to before me on this: 12/24/2024 �nes.m no,ner�r A:�k�a"ate the east
,apt.
Road
a east i ate being
line m outhwest
o and also being ap southwest D
comer et.el,Airport Release cereal O
/2f7 pee E 100 xh SUrvey hence North
J east rIYY East MGM e Le "0`Acid
East per EarthTech survey)aka re Ii,e
Sant rigid-a-way errs EewHsse Acid
Notary Public
Notarized remotely online using communication technology via Proof.
DA w_MAA (Intl Paper) (PH 1.6) - Page 1 of 2
Road 1189.64 feet to the northwest cor-
ner of said Release Parcel D and the point
of beginning of this description: thence
continuing North 00°3545' East along
the said east Leversee Road right-of-way
702.35 feet to the north line of the south-
west quarter of Section 5;thence North
00'27'21'East along the east right-of-
way lire of Leversee Road 395.39 feet to
the southwesterly ine of Airport Release
Parcel C:thence South 89`47'33"East
(South 89-4820•'East per EarthTecn sur-
vey)along said southwesterly line 208.35
feet;thence North 67'0245 East(North
6702'10' East per EarthTech survey)
along the southeasterly line of Release
Parcel C 2623.16 feet(2623.53 feet per
EarthTech survey)to the southeast corner
of said parcel; thence South 07'02'54"
West along a line that Is 684 feet north-
westerly of and parallel with the centerline
of runway 16l6 and Its southwesterly
extension 2172.16 feet to the northeast
corner of said Release Parcel 0;thence
North 89°08'07"West (North 89'08'13"
West per EarthTech survey) along the
north line of Release Parcel D 2368.20
feet to the point of beginning containing
3.883.827 square feet or 89.16 acres.
Anyone who Is interested may appear at
said lime and place and be heard or may
Ale written objection with the City Clerk,
City Hall,Waterloo.Iowa.before the date
set for said hearing.
By order of the Council of the City of Wa-
terloo this 16th day of December 2024.
Kelley Felchle,City Clerk
City of Waterloo,Iowa
COL-IA-601471
DA w_MAA (Intl Paper) (PH 1.6) - Page 2 of 2
Prepared by Nancy Higby, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2025-015
RESOLUTION APPROVING THE SALE AND CONVEYANCE
OF CITY -OWNED PROPERTY, LOCATED AT THE
NORTHEAST CORNER OF THE CN RAILROAD AND
LEVERSEE ROAD, IN THE AMOUNT OF $1.00, TO
INTERNATIONAL PAPER COMPANY, AND AUTHORIZING
THE MAYOR AND CITY CLERK TO EXECUTE SAID
DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa is the legal owner of property located at the
northeast corner of the CN Railroad and Leversee Road, in the City of Waterloo, Iowa, and
legally described as follows:
A PARCEL OF LAND SITUATED IN PART OF THE SOUTHWEST
1/4 OF SECTION 5, TOWNSHIP 89 NORTH, RANGE 13 WEST OF
THE 5TH PRINCIPAL MERIDIAN, CITY OF WATERLOO, BLACK
HAWK COUNTY, STATE OF IOWA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
5; THENCE NORTH 00° (DEGREES) 36' (MINUTES) 39" (SECONDS)
EAST (ASSUMED BEARING FOR THE PURPOSE OF THIS
DESCRIPTION) ON THE WEST LINE OF THE SOUTHWEST 1/4 OF
SAID SECTION 5, A DISTANCE OF 795.59 FEET; THENCE SOUTH
89°23'21" EAST, 33.00 FEET TO THE INTERSECTION OF THE
PRESENT NORTHERLY RIGHT-OF-WAY LINE OF THE
CANADIAN NATIONAL RAILROAD AND THE PRESENT
EASTERLY RIGHT-OF-WAY LINE OF LEVERSEE ROAD, BEING
THE POINT OF BEGINNING; THENCE NORTH 00°36'39" EAST ON
SAID EASTERLY RIGHT-OF-WAY LINE, 1,189.64 FEET; THENCE
SOUTH 89°08'13" EAST, 2,368.20 FEET TO A LINE THAT IS 684.00
FEET NORTHWESTERLY OF AND PARALLEL WITH THE
CENTERLINE OF RUNWAY 18/36 AND ITS EXTENSION
SOUTHWESTERLY; THENCE SOUTH 07°02' 11" WEST ON SAID
LINE, 1,258.31 FEET TO THE PRESENT NORTHERLY RIGHT-OF-
WAY LINE OF THE CANADIAN NATIONAL RAILROAD; THENCE
NORTH 89°12'44" WEST ON SAID NORTHERLY RIGHT-OF-WAY
LINE, 1,535.05 FEET; THENCE WESTERLY ON SAID NORTHERLY
RIGHT-OF-WAY LINE BEING A 2,370.51-FOOT RADIUS CURVE
CONCAVE NORTHERLY AND HAVING A 423.99-FOOT LONG
CHORD BEARING NORTH 86°21'44" WEST, A DISTANCE OF
424.56 FEET (ARC LENGTH); THENCE WESTERLY ON SAID
NORTHERLY RIGHT-OF-WAY LINE BEING A 2,557.26-FOOT
RADIUS CURVE CONCAVE NORTHERLY AND HAVING A 272.51-
FOOT LONG CHORD BEARING NORTH 80°04'57" WEST, A
DISTANCE OF 272.63 FEET (ARC LENGTH) TO THE POINT OF
BEGINNING.
CONTAINING 2,865,228 SQUARE FEET OR 65.78 ACRES.
AND AN OPTION AREA OF THE SOUTH 30 ACRES (MORE OR
LESS) OF THE FOLLOWING DESCRIBED PARCEL: A PARCEL OF
LAND LOCATED IN THE SOUTHWEST QUARTER AND
NORTHWEST FRACTIONAL QUARTER OF SECTION 5,
TOWNSHIP 89 NORTH, RANGE 13 WEST OF THE 5TH PRINCIPAL
Resolution 2025-015
Page 2
MERIDIAN, CITY OF WATERLOO, BLACK HAWK COUNTY,
STATE OF IOWA, AND
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION
5; THENCE NORTH 00°36'49" EAST (NORTH 00°36'39" EAST PER
RELEASES OF FEDERAL ENCUMBRANCES AT THE WATERLOO,
IOWA REGIONAL AIRPORT SURVEY PREPARED BY
EARTHTECH DATED JANUARY 26, 2006) ALONG THE WEST
LINE OF SAID SECTION 795.25 FEET; THENCE SOUTH 89°23' 11"
EAST (SOUTH 89°23'21" EAST PER EARTHTECH SURVEY) 33.00
FEET TO THE INTERSECTION OF THE PRESENT NORTHERLY
RIGHT-OF-WAY LINE OF THE CANADIAN NATIONAL
RAILROAD AND THE EAST RIGHT-OF-WAY LINE OF LEVERSEE
ROAD AND ALSO BEING THE SOUTHWEST CORNER OF
AIRPORT RELEASE PARCEL D PER EARTHTECH SURVEY;
THENCE NORTH 00°36'49" EAST (NORTH 00°36'39" EAST PER
EARTHTECH SURVEY) ALONG THE EAST RIGHT-OF-WAY LINE
LEVERSEE ROAD 1189.64 FEET TO THE NORTHWEST CORNER
OF SAID RELEASE PARCEL D AND THE POINT OF BEGINNING
OF THIS DESCRIPTION; THENCE CONTINUING NORTH 00°36'49"
EAST ALONG THE SAID EAST LEVERSEE ROAD RIGHT-OF-WAY
702.35 FEET TO THE NORTH LINE OF THE SOUTHWEST
QUARTER OF SECTION 5; THENCE NORTH 00°27'21" EAST
ALONG THE EAST RIGHT-OF-WAY LINE OF LEVERSEE ROAD
395.39 FEET TO THE SOUTHWESTERLY LINE OF AIRPORT
RELEASE PARCEL C; THENCE SOUTH 89°47'33" EAST (SOUTH
89°48'20" EAST PER EARTHTECH SURVEY) ALONG SAID
SOUTHWESTERLY LINE 208.35 FEET; THENCE NORTH 67°02'45"
EAST (NORTH 67°02' 10" EAST PER EARTHTECH SURVEY)
ALONG THE SOUTHEASTERLY LINE OF RELEASE PARCEL C
2623.16 FEET (2623.53 FEET PER EARTHTECH SURVEY) TO THE
SOUTHEAST CORNER OF SAID PARCEL; THENCE SOUTH
07°02'54" WEST ALONG A LINE THAT IS 684 FEET
NORTHWESTERLY OF AND PARALLEL WITH THE CENTERLINE
OF RUNWAY 18/36 AND ITS SOUTHWESTERLY EXTENSION
2172.16 FEET TO THE NORTHEAST CORNER OF SAID RELEASE
PARCEL D; THENCE NORTH 89°08'07" WEST (NORTH 89°08'13"
WEST PER EARTHTECH SURVEY) ALONG THE NORTH LINE OF
RELEASE PARCEL D 2368.20 FEET TO THE POINT OF BEGINNING
CONTAINING 3,883,827 SQUARE FEET OR 89.16 ACRES.
and,
WHEREAS, an offer to purchase said parcel of real property, in the amount of $1.00, has
been made by International Paper Company, and
WHEREAS, a public hearing was held on January 6, 2025, at 5:30 p.m., as provided by
law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey said
premises owned by the City of Waterloo, Iowa, to International Paper Company, and
WHEREAS, it is the opinion of this Council that the 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 above -described property located at the northeast corner of the CN Railroad and
Leversee Road, in the City of Waterloo, Iowa, as fully described in the published notice in the
Waterloo Courier December 14, 2024, is not presently needed, and will not be needed in the
foreseeable future for municipal purposes, and its ownership is serving no municipal purpose.
Resolution 2025-015
Page 3
2. That the offer of International Paper Company, to purchase said property located at
the northeast corner of the CN Railroad and Leversee Road, in the City of Waterloo, Iowa, for
the sum of $1.00, is hereby accepted for the real property legally described above.
3. That the City of Waterloo, Iowa conveys said parcel of real property to International
Paper Company, by special warranty deed.
4. That the Mayor and City Clerk are authorized and directed to execute said deed.
5. That the original of said special warranty deed, fully executed and acknowledged, is
hereby approved and confirmed by this Council.
6. That the Community Planning and Development Director is authorized and directed to
deliver said deed of conveyance to International Paper Company, upon receipt of the sum of
$1.00.
PASSED AND ADOPTED this 6th day of January 2025.
ATTEST:
Kelley Felchle
Kelley Felchle, City Clerk
CERTIFICATE
62cteft /z
DIGITALLY
SIGNED
Quentin Hart, Mayor
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. 2025-015 as passed and adopted by the
City Council of the City of Waterloo, Iowa, on the 6th day of January 2025.
Witness my hand and seal of office this 6th day of January 2025.
SEAL
WAT
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Kelley Felchle, City Clerk