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HomeMy WebLinkAbout2025-715-12.15.2025.doc (RECORDED) Docusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543 2026-011455 RECORDED: 01 j 27 j 2026 10:53:30 AM RECORDING FEE: $7.00 REVENUE TAX: $ COMBINED FEE: $7.00 SANDIE L. SMITH, RECORDER BLACK HAWK COUNTY, IOWA 4 i 01 0-t�(� r k 0 Prepared by LeAnn M. Even, Deputy CityClerk, Cityof Waterloo, 715 MulberryStreet, Y Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-715 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF 1.04 ACRES OF CITY-OWNED PROPERTY LOCATED EAST OF 2123 COMMERCIAL STREET TO R&M METALS PROPERTIES, LLC, IN THE AMOUNT OF $4,678.96, SUBJECT TO THE RETENTION OF A SANITARY SEWER EASEMENT OVER A PORTION OF SAID PROPERTY AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS the City of Waterloo owns a parcel of approximately 1.04 acres located east of 2123 Commercial Street; and WHEREAS, R&M Metals Properties, LLC, has agreed to purchase this property in the amount of $4,678.96; and WHEREAS, it is necessary to retain a sanitary sewer easement over a portion of this property for municipal infrastructure purposes; and WHEREAS, the City Council finds it in the public interest to proceed with the sale and conveyance of this property under the stated conditions. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1 . The sale and conveyance of approximately 1 .04 acres of City-owned property located east of 2123 Commercial Street to R&M Metals Properties, LLC, in the amount of $4,678.96 is hereby authorized. 2. The sale is subject to the retention of a sanitary sewer easement over a designated portion of the property to maintain municipal infrastructure access and operations. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 15`'' day of December 2025. r---DocuSigned by: `-- 5p 844'8.. QuenDDs2tin78 Hart, Mayor ATTEST: Signed by: fettli, fug \.-----FFGOBCOFrBC64AB... Kelley Felchle, City Clerk SEAL 0' . W 4" , ICI NM .1f1 '.1 1 .I I. • NO 3167 tti 7 Docusign Envelope ID: E34EFEFE-BC09-410C-B60C-8BE932E5F543 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2025-715 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF 1.04 ACRES OF CITY -OWNED PROPERTY LOCATED EAST OF 2123 COMMERCIAL STREET TO R&M METALS PROPERTIES, LLC, IN THE AMOUNT OF $4,678.96, SUBJECT TO THE RETENTION OF A SANITARY SEWER EASEMENT OVER A PORTION OF SAID PROPERTY AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS the City of Waterloo owns a parcel of approximately 1.04 acres located east of 2123 Commercial Street; and WHEREAS, R&M Metals Properties, LLC, has agreed to purchase this property in the amount of $4,678.96; and WHEREAS, it is necessary to retain a sanitary sewer easement over a portion of this property for municipal infrastructure purposes; and WHEREAS, the City Council finds it in the public interest to proceed with the sale and conveyance of this property under the stated conditions. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The sale and conveyance of approximately 1.04 acres of City -owned property located east of 2123 Commercial Street to R&M Metals Properties, LLC, in the amount of $4,678.96 is hereby authorized. 2. The sale is subject to the retention of a sanitary sewer easement over a designated portion of the property to maintain municipal infrastructure access and operations. 3. The Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 15th day of December 2025. DocuSigned by: � L4uitbi. tkA'� 1 D05t5p78 84a9.. Quentm art, Mayor ATTEST: Signed by: Kc1kc y f d eg& FFGOBCOFFBCG4AB... Kelley Felchle, City Clerk SEAL