HomeMy WebLinkAbout2011-373-05/09/2011RESOLUTION NO. 2011-373
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF 2,829 SQUARE FEET OF CITY -OWNED
LAND ABUTTING 3900 ALEXANDRA DRIVE FOR
$10,970.61, PLUS COSTS, 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 $10,970.61, plus costs, has been made by
D & J Investments, Inc., and
WHEREAS, a public hearing was held on May 9, 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 D and J Investments, Inc., 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
May 5, 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 D and J Investments, Inc. to purchase
real property for the sum of $10,970.61, and costs, be and it is
hereby accepted for real property described below:
Parcel "L"
A part of the Southwest Quarter (SW �-4) of Section 2,
Township 88 North, Range 13 West of the Fifth Principal
Meridian, Waterloo, Black Hawk County, Iowa, described
as follows:
Commencing at the Northeast Corner of Lot 4, Southtown,
Waterloo, Black Hawk County, Iowa, said corner also
being the Southeast corner of a tract of land described
in Land Deeds Book 560 at Page 140; thence N 00017'30"
E along the West line of Alexandra Drive 100.00 feet to
the Northeast corner of said tract; thence S 89026'30"
W 138.73 feet along the North line of said tract and
parallel to the North line of Lot 4, Southtown, to the
Northeast corner of Parcel K, as recorded in Doc.
#2010-020036; thence S 00017130" W 10.00 feet along the
East line of said Parcel K; thence S 89°26130" W 120.00
feet along the South line of said Parcel K to the point
of beginning; thence continuing S 89026'30" W 288.88
feet to the Southwesterly extension of the
Southeasterly right-of-way of East San Marnan Drive;
thence N 49056'09" E 15.72 feet along said right-of-way
extension to the Southwest corner of a tract of land
described in Land Deeds Book 568 at Page 728; thence N
89026'30" W 276.90 feet along the South line of the
previously said tract, and the North line of a tract of
land described in Land Deed 560 at Page 143 to the
Resolution No. 2011-373
Page 2
Northwest corner of previously said Parcel "K"; thence
S 0017130" W 10.00 feet along the West line of said
Parcel "K" to the point of beginning, containing 2829
square feet, and is subject to easements and
restrictions of record, all in the City of Waterloo,
Black Hawk County, Iowa;
for $10,970.61, plus costs.
3. That the City of Waterloo, Iowa, convey said parcels of
real property to D & J Investments, Inc. by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to D & J Investments, Inc.
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 D & J Investments, Inc. upon
receipt of the sum of $10,970.61, and costs.
PASSED AND ADOPTED this 9th day of May, 2011.
1'a IIA, -1
'1�/
rnest G. Clark, Mayor
ATTEST:
uzy Sc ares, CMC
City Clerk