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HomeMy WebLinkAbout2011-146-03/07/2011RESOLUTION NO. 2011-146 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY -OWNED 657A PROPERTY GENERALLY LOCATED AT 261 COTTAGE GROVE AVENUE, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND DELIVER 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 parcels of real property in the sum of $6,251.00, plus costs, in conjunction with a Development Agreement with Roger and Hope Knebel prior to transferring property, and WHEREAS, a public hearing was held on March 7, 2011, at 5:30 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 Roger and Hope Knebel in conjunction with said Development Agreement, 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 February 25, 2011, 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 Roger and Hope Knebel to purchase real property for the sum of $6,251.00, and costs, in conjunction with said Development Agreement be and it is hereby accepted for real property described below: The West 15 feet of Lot 12 and the East 30 feet of Lot 13 Block 13, "Linden Place", all in the City of Waterloo, Black Hawk County, Iowa; for $6,251.00, plus costs. 3. That the City of Waterloo, Iowa, convey said parcels of real property to Roger and Hope Knebel by deed. 4. That the Mayor and City Clerk are hereby authorized,to execute and deliver deed to Roger and Hope Knebel. 5. That the original of said deed fully executed and acknowledged is hereby approved and confirmed by the Council. 6. That the City Clerk is authorized and directed to deliver said deed of conveyance to Roger and Hope Knebel upon receipt of the sum of $6,251.00, and costs, plus signed Development Agreement. Resolution No. 2011-146 Page 2 PASSED AND ADOPTED this 7th day of March, 2011. E nest G. Clark, Mayor ATTEST: S�4 Suzy S res, CMC City Clerk