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HomeMy WebLinkAbout2014-003-01/06/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-003 RESOLUTION AUTHORIZING THE SALE AND CONVEYANCE OF CITY -OWNED PROPERTY WITH NEW CONSTRUCTION DWELLING LOCATED AT 927 LAFAYETTE STREET, FOR $122,000.00, 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 Teanna Smart in the sum of $122,000.00, plus costs, and WHEREAS, a public hearing was held on January 6, 2014, 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 Teanna Smart, 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 December 30, 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 Teanna Smart to purchase real property for the sum of $122,000.00, and costs, be and it is hereby accepted for real property described below: Parcel "0" of Plat of Survey Doc. #2012-10080 being part of Lots 8 and 9, Block 25, in the Original Plat, on the East Side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa. Subject to restrictive covenants, ordinances, and limited access provisions of record, if any, and to existing easements, if any. 3. That the City of Waterloo, Iowa convey said parcel of real property to Teanna Smart by deed. 4. That the Mayor and City Clerk are hereby authorized to execute and deliver deed to Teanna Smart. 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 Teanna Smart upon receipt in the sum of $122,000.00, and costs. Resolution No. 2014-003 Page 2 PASSED AND ADOPTED this 6th day f January, 2014. Ernest G. Clark, Mayor ATTEST: SuzySc ares, MC City Cl rk