HomeMy WebLinkAbout2013-227-04/01/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-227
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
WITH MICHAEL AND LAURA HOY OF CEDAR FALLS,
IOWA AND DIRECTING EXECUTION OF SAID
AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Development Agreement dated April 1, 2013, for the sale
and conveyance of city -owned property located at 335 Almond
Street for $5,000.00, plus costs, for the purpose of
rehabilitating the residential property, by and between Michael
and Laura Hoy of Cedar Falls, 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 1St day of April, 2013.
Ernest . Clark, Mayor
ATTEST:
Suzychares, CMC
City ler
Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-226
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY -OWNED PROPERTY LOCATED AT
335 ALMOND STREET, FOR $5,000.00, 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 parcel of real
property has been made by Michael and Laura Hoy in the sum of
$5,000.00, plus costs, and
WHEREAS, a public hearing was held on April 1, 2013, 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 Michael and Laura Hoy, 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
March 28, 2013, 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 Michael and Laura Hoy to purchase
real property for the sum of $5,000.00, and costs, be and it is
hereby accepted for real property described below:
The West 51 feet of Lot No. 4 in Block No. 65 in The
Cooley Addition to Waterloo, Iowa.
3. That the City of Waterloo, Iowa convey said parcel of
real property to Michael and Laura Hoy by deed.
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to Michael and Laura Hoy.
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 Michael and Laura Hoy upon
receipt in the sum of $5,000.00, and costs.
PASSED AND ADOPTED this 146est
pril, 2013.
Clark, ayor
ATTEST:
Suzy Sc CMC
City Cleirk