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HomeMy WebLinkAbout2014-156-03/03/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-156 RESOLUTION APPROVING REAL ESTATE PURCHASE AGREEMENT WITH BANK OF NEW YORK MELLON 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 March 3, 2014, for the acquisition of 1027 Lafayette Street in the amount of $25,300.00, and legally described as follows: The Northeasterly 55 feet of the Southeasterly half of Lot No. 8, in Block No. 24, in the Original Plat, on the East side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa, and the Southeasterly Thirty -Seven and Fifty -Seven Hundredths (37.57) feet of Lot No. 9; and the Southeasterly Thirty -Seven and Fifty -Seven Hundredths (37.57) feet of the Southwesterly five (5) feet of Lot No. Eight (8), in Block No. Twenty -Four (24), in the Original Plat on the East side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa; by and between Bank of New York Mellon 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 3rd day of March, 2014. Ern st G. Clark, Mayor ATTEST: Suzy Sc ares, CMC City Cl rk