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HomeMy WebLinkAbout2012-1053-10/22/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703. RESOLUTION NO. 2012-1053 RESOLUTION APPROVING REAL ESTATE PURCHASE AGREEMENT WITH STICK BROTHERS, L.L.C. OF HUDSON, IOWA AND DIRECTING EXECUTION OF SAID AGREEMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Real Estate Purchase Agreement dated October 22, 2012, for the acquisition of approximately 20 acres of land identified as parcel numbers 8913-10-251-017 and 8913-10-276-006 in the amount of $1.00, with up to $5,000.00 in city environmental and closing costs, and legally described as follows: The Southeast Quarter of the Southwest Quarter of the Northeast Quarter of Section No. 10; and the Southwest Quarter of the Southeast Quarter of the Northeast Quarter of Section No. 10; all in Township No. 89 North, Range No. 13 West of the 5th Principal Meridian, in Black Hawk County, Iowa; by and between Stick Brothers, L.L.C. of Hudson, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 22nd day of October, 2012. YES . l Mayor ATTEST: F 'tzuzy res, CMC City Clerk