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HomeMy WebLinkAboutInternational Paper Company - Special Warranty Deed (2)Prepared by: Austin J. McMahon, Lange & McMahon, PLC 222 1" St. E., Independence, Iowa 50644 (319) 334-4488 Return to: Real Estate Director, International Paper Company, 6400 Poplar Avenue, Memphis, TN 38197 SPECIAL WARRANTY DEED For the consideration of $1.00 Dollar(s) and other valuable consideration, the City of Waterloo, Iowa, does hereby convey to International Paper Company the following described real estate in Black Hawk County, Iowa: Parcel B of the Southwest Quarter (SW 1/4), Section 5, Township 89 North, Range 13 West of the Fifth Principle Meridian (5th PM ), City of Waterloo, Black Hawk County, Iowa, and more particularly described as follows: Commencing at the Southwest Corner of said Section 5, thence North 00° 36' 49" East on the west line of the Southwest 1/4 of said Section 5, a distance of 795.29 feet, thence South 89° 23' 11" 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' 49" East on said easterly right-of-way line 1,189.64 feet, thence South 89° 08' 03" East 2,368.20 feet to a line that is 684 feet northwesterly of and parallel with the centerline of runway 18/36 and its southwesterly extension, thence South 07° 02' 21" West 1,258.30 feet on said parallel line to the present northerly right-of-way line of the Canadian National Railroad, thence North 89° 12' 25" West on said northerly right-of-way line 1,535 05 feet, thence westerly on said northerly right-of-way line a distance of 424.55 feet on a 2,370.51-foot radius curve concave northerly and having a 423.99 foot long chord bearing North 86° 21' 16" West, thence westerly on said northerly right-of-way a distance of 272.63 feet on a 2,557.26 foot radius curve concave northerly and having a 272.50 foot long chord bearing North 80° 04' 53" West to the point of beginning. Containing 2,865,142 square feet or 65.77 acres. Subject to (a) easements, conditions, and restrictions of record as set forth in the subdivision Deed of Dedication. (b) general utility and right-of-way easements serving the property and of record, and (c) restrictions imposed by local zoning ordinances and other applicable law. 1 This is a deed from a political subdivision that is exempt from transfer tax, declaration of value, and groundwater hazard statement pursuant to Iowa Code § 428A.1(2) and Iowa Code § 428A.2(6). The grantor hereby covenants with grantees, and successors in interest, to warrant and defend the real estate against the lawful claims of all persons claiming by, through, or under it, except as may be stated above. Words and phrases herein, including acknowledgment hereof, shall be construed as in the singular or plural number, and as masculine or feminine gender, according to the context. CITY OF WATERLOO, IOWA By: Date: Attest Quentin M. Hart, Mayor 4/4°466€ (2, A45- cr; Kelley Felchle, y Clerk STATE OF IOWA COUNTY OF BLACK HAWK } } Acknowledged before me on this / day of MfeJVl , 2025, by Quentin M. Hart and Kelley Felchle, Mayor and City Clerk, respectively, of the City of Watei loo, Iowa. f BRITNI C PERKINS COMMISSION NO. 845529 MY COMMISSION EXPIRES JANUARY 27, 2026 2