HomeMy WebLinkAbout2013-843-10/21/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2013-843
RESOLUTION APPROVING REAL ESTATE PURCHASE
AGREEMENT WITH BUCKETS, INC. OF WATERLOO,
IOWA AND DIRECTING EXECUTION OF SAID
AGREEMENT BY MAYOR.
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA,
that the Real Estate Purchase Agreement dated October 21, 2013,
for the sale of City -owned land identified as Parcel No. 8912-32-
102-002 located at 3215 Lafayette Street in the amount of $1.00,
plus up to $2,000.00 in closing costs, in connection with
Amendment to Development Agreement, and legally described as
follows:
A part of Government Lot 1 in Section 32, Township 89
North, Range 12 West of the Fifth Principal Meridian in
the City of Waterloo, Black Hawk County, Iowa, lying
Southerly of the Illinois Central Switch Track and
lying Southeasterly of the following described line:
Commencing at the point of intersection of the
Southerly right-of-way line of the Illinois Central
Switch Track and the Northeasterly line of former Iowa
State Highway No. 297; thence Southeasterly along said
Highway 620 feet to the point of beginning of the line
herein described; thence Northeasterly at right angles
to the Northeasterly line of said Highway to the
Southerly line of the Illinois Central Switch Track,
except that part thereof bounded as follows:
Commencing at the intersection of the West line of the
East 10 acres of said Government Lot and the
Northeasterly line of said Highway; thence
Northwesterly along the Northeasterly line of said
Highway 270 feet; thence Northeasterly 331 feet to a
point on the West line of the East 10 acres that is 429
feet North of the point of beginning; thence South
along the West line of said East 10 acres 429 feet to
the point of beginning, and except that part thereof
lying in the East 10 acres of said Government Lot;
by and between Buckets, Inc. of Waterloo, 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 21St day of October, 2013.
Ernest G. Clar , Mayor
ATTEST:
Suzy Sc ares, CMC
City Cl r