HomeMy WebLinkAbout2016-196-3/21/2016 (RECORDED) 111111111111111 Ili 111111111111111111111111111111 INI 1111111111
)oc ID: 006994980002 Type: GEN
lecorded: 04/01/2016 at 04:01:36 PM
=ee Amt: $12.00 Pape i of 2
31ack Hawk County Iowa
3ANDIE L. SMITH RECORDER
:i1e2016-00016600
*Prepared by Kelley Felchle, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2016-196
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF CITY-OWNED PROPERTY GENERALLY
LOCATED SOUTHEAST OF 500 EAST 4TH STREET (THE
FORMER AMERICAN LEGION PROPERTY) TO KWWL
TELEVISION, INC. FOR $1 . 00 IN ACCORDANCE WITH
THE DEVELOPMENT AGREEMENT.
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 KWWL Television, Inc. for $1 . 00, and
WHEREAS, a public hearing was held on March 21, 2016 at 5 : 30
p.m. in the Harold E. Getty Council Chambers, 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 KWWL Television, Inc. , and
WHEREAS, it is the opinion of this Council that the 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 17, 2016, 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 Realty Income Corporation, to purchase
real property for the sum of $1 . 00, in accordance with the
Development Agreement approved by Resolution No. 2013-542 on June
24, 2013, is hereby accepted for real property described as
follows :
LOT NO. 5; THE SOUTHWESTERLY 20 FEET OF THE SOUTHEASTERLY 90
FEET, AND THE SOUTHWESTERLY 10 FEET OF THE NORTHWESTERLY 60
FEET OF LOT NO. 4; AND THE SOUTHEASTERLY 55 FEET OF THE
NORTHWESTERLY 65 FEET OF LOTS NOS. 8 AND 9, ALL IN BLOCK NO.
60 IN THE COOLEY ADDITION TO WATERLOO, IOWA.
GRANTOR IS IOWA POLITICAL SUBDIVISION. EXEMPT FROM REAL
ESTATE TRANSFER TAX AND DECLARATION OF VALUE.
SUBJECT TO EASEMENTS, CONDITIONS, AND RESTRICTIONS OF
RECORD, GENERAL UTILITY AND RIGHT—OF—WAY EASEMENTS SERVING
THE REAL ESTATE, AND RESTRICTIONS IMPOSED BY APPLICABLE LAW
OR ORDINANCE.
3 . That the City of Waterloo, Iowa conveys said parcel of
real property to KWWL Television, Inc. by Special Warranty Deed.
4 . That the Mayor and City Clerk are authorized and
directed to execute said deed.
5 . That the original of said Special Warranty Deed fully
executed and acknowledged is hereby approved and confirmed by
this Council .
Resolution No. 2016-196
Page 2
6. That the Planning and Zoning Director is authorized and
directed to deliver said deed of conveyance to KWWL Television,
Inc. upon receipt in the sum of $1 . 00 .
PASSED AND ADOPTED this 21St day of March, 2016 .
Q�g -
Quentin Hart, Mayor
ATTEST:
Suzy Schres, CMC
City Cle k
I111111111111111111111II I IIIII II II I IIIIIIIIIIIIII II IIIIIIIIIII 111111 '�
Doc ID: 006994970001 Type: GEN
Recorded: 04/01/2016 at 04:00:06 PM
Fee Amt: $7.00 Pape 1 of 1
Black Hawk County Iowa
SANDIE L. SMITH RECORDER
-ile2016_00016599
STATE OF IOWA, } I do solemnly swear that the annexed copy of legal
City of Waterloo
Public Hearing: 500 E. 4" St. KWWL
Black Hawk County, SS Notice was published in the Waterloo-Cedar Falls
Courier, a daily newspaper printed in Waterloo, Black
Hawk County, Iowa, once commencing on the 17th
day of March, 2016 in the name of said newspaper,
NOTICE OF PUBLIC HEARING and that the annexed rate of advertised is the regular
TO WHOM IT MAY CONCERN:
Notice is hereby given that on the 21st legal rate of said newspaper, and that tiie following is
day of March 2016,at 5:30 p.m., in the
Harold E.Getty Council Chambers in the
City Hall in the City of Waterloo,Iowa,a a correct bill for publishing said notice.
public hearing will a held by the Council
of the City of Waterloo,Iowa,to authorize
the sale and conveyance of City-owned
property generally located southeast of Printer's Bill $18.56
500 East 4th Street(the former American
Legion property) to KWWL Television,
Inc. for $1.00 in accordance with the
Development Agreement, legally descri-
bed as follows:
Lot No.5;The Southwesterly 20 feet of
the Southeasterly 90 feet, and the
Syouthwesterly 10 feet of the Northwester-
60 feet of Lot Southeasterly 55 feet of the Northwestehey
65 feet of Lots Nos.8 and 9,all in Block
No.60 in the Cooley Addition to Waterloo,
Iowa. Signed
Grantor is Iowa political subdivision.
Exempt from real estate transfer tax and
declaration of value.
Subject to easements, conditions, and
restrictions of record, general utility and
right-of-way easements serving the real
estate, and restrictions imposed by Subscribed and sworn to before me this
applicable law or ordinance.
Anyone who is interested may appear at
said time and place and be heard or may
file written objection with the City Clerk, Day of �� A.D., 20 K4
=aid
Waterloo,Iowa,before the date
set for said hearing.
By order of the Council of the City of
Waterloo this 14th day of March,2016.
Suzy Schares
City Clerk
RqMNotaAry Public
Received of
the sum of
Dollars.
In full for publication of the above notice.
pia ga�36 WK,
�
r �i3 �R��Siflt�wyp���� v
31 tax Ki�-