HomeMy WebLinkAbout2013-165-03/04/2013Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-165
RESOLUTION AUTHORIZING THE SALE AND
CONVEYANCE OF .866 ACRES OF CITY -OWNED LAND
LOCATED WEST OF THE EXISTING BUILDING AT 2320
WEST AIRLINE HIGHWAY, 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 M & R Iowa, LLC (Fed Ex) in the sum of
$1.00, plus costs, and
WHEREAS, a public hearing was held on March 4, 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 M & R Iowa, LLC (Fed Ex), 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
February 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 M & R Iowa, LLC (Fed Ex) to purchase
real property for the sum of $1.00, and costs, be and it is
hereby accepted for real property described below:
Lot No. Twelve (12), Midport America Park Plat No. 2,
City of Waterloo, Black Hawk County, Iowa, except that
part of Lot 12 described as follows:
Commencing at the Southwest corner of aforesaid Lot No.
Twelve (12); thence S89029'09"E One Hundred Sixty-one
and Forty-five Hundredths (161.45) feet along the South
line of said Lot to the point of beginning; thence
N00°30'51"E Five Hundred Five (505.00) feet to a point
on the East line of a Thirty (30) foot easement; thence
S89°29'09"E Four Hundred Twenty (420.00) feet; thence
S00°30'51"W Five Hundred Five (505.00) feet to a point
on aforesaid South line; thence N89°29'09"W Four
Hundred Twenty (420.00) feet along said South line to
the point of beginning, containing 4.869 Acres;
Also, except that part of Lot 12 platted as part of
MidPort America Park Plat No. 3;
Also, except the South Sixty (60) feet thereof.
3. That the City of Waterloo, Iowa convey said parcel of
real property to M & R Iowa, LLC (Fed Ex) by deed.
Resolution No. 2013-165
Page 2
4. That the Mayor and City Clerk are hereby authorized to
execute and deliver deed to M & R Iowa, LLC (Fed Ex).
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 M & R Iowa, LLC (Fed Ex) upon
receipt in the sum of $1.00, and costs.
PASSED AND ADOPTED this 4th day/9(f March, 2013.
est G. Cldrk, Mayor
ATTEST:
Suzy Scares, CMC
City ClIrk