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HomeMy WebLinkAbout2014-337-05/05/2014Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2014-337 RESOLUTION APPROVING REAL ESTATE PURCHASE AGREEMENT WITH LOCUS PARTNERSHIP 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 May 5, 2014, for the acquisition of parcel 8913-26-205-007, located near the intersection of West 2nd Street and Jefferson Street, in the amount of $50,000.00, and legally described as follows: Lot No. Nine (9) in Block No. Four (4) in the Original Plat on the West Side of the Cedar River in the City of Waterloo, Black Hawk County, Iowa. The Southeasterly One -Half of Lot No. Three (3) in Block No. Four (4) in the Original Plat, on the West Side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa. Lot No. Two (2) in Block No. Four (4) in the Original Plat, on the West Side of the Cedar River, in the City of Waterloo, Black Hawk County, Iowa; by and between Locus Partnership 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 5th day of May, 2014. r✓ � Ernest G. Clark, Mayor ATTEST: Suzy Schres, CMC City Cle k