HomeMy WebLinkAbout2014-103-02/10/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2014-103
RESOLUTION APPROVING REAL ESTATE PURCHASE
AGREEMENT WITH THOMPSON RESIDENT HOLDINGS
III, LLC 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 February 10, 2014,
for the acquisition and purchase of 1005 Lafayette Street in the
amount of $20,000.00, and legally described as follows:
The Northwest Forty-nine (49) feet of the Southeast
Ninety-eight (98) feet of Lots Nos. Seven (7) & (10),
Block Twenty-four (24), Original Plat Waterloo East,
City of Waterloo, Black Hawk County, Iowa (1005
Lafayette Street).
Subject to covenants, restrictions, ordinances,
easements, and limited access provisions of record;
by and between Thompson Resident Holdings III, LLL 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 10th day of February, 2014.
Ernest G. Clark, Mayor
ATTEST:
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Suzy Sc ares, CMC
City Clerk