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HomeMy WebLinkAbout2013-255-04/08/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-255 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF A PORTION OF CITY -OWNED PROPERTY LOCATED ALONG MADISON STREET AND MONROE STREET AT THEIR INTERSECTIONS WITH IDAHO STREET, FOR $1.00, 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 Black Hawk Contracting and Development, Inc. in the sum of $1.00, plus costs, and WHEREAS, a public hearing was held on April 8, 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 Black Hawk Contracting and Development, 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 April 4, 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 Black Hawk Contracting and Development, Inc. to purchase real property for the sum of $1.00, and costs, be and it is hereby accepted in accordance with the Development Agreement for real property described below: Tract 1 - A replat of Lot 15, and the West 11.04 feet of Lot 16 of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Tract 2 - A replat of Lot 16 except the West 11.04 feet thereof, and the West 22.08 feet of Lot 17 of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Tract 3 - A replat of Lot 17 except the West 22.08 feet thereof and all of Lot 18 of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Tract 4 - A replat of Lot 1, and the East 24.97 feet of Lot 2 of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Resolution No. 2013-255 Page 2 Tract 5 - A replat of Lot 2 except the East 24.97 feet thereof and Lot 3 except the West 15.00 feet thereof in Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Tract 6 - A replat of the West 15.00 feet of Lot 3, and Lot 4 except the West 5.00 feet of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. Tract 7 - A replat of the West 5.00 feet of Lot 4 of Block 6, in Hillside Addition to the City of Waterloo, Black Hawk County, State of Iowa. 3. That the City of Waterloo, Iowa convey said parcel of real property to Black Hawk Contracting and Development, Inc. by deed. 4. That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Black Hawk Contracting and Development, 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 Black Hawk Contracting and Development, Inc. upon receipt in the sum of $1.00, and costs. PASSED AND ADOPTED this 8th day of April, 2013. Ernest G. Clark, ayor ATTEST: uzy Scha s, CMC City Clerk