Sale of Property at 1925 Washington StreetMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Sale of Property at 1925 Washington Street
DATE: May 28, 2010
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Department Director
Dubuque
lied
All-Amedca
2007
Housing and Community Development Department Director David Harris recommends
City Council approval of the sale of City -owned property located at 1925 Washington
Street to Robert Mootz for $82,000.
The home was originally purchased for $68,000 from Dubuque Bank and Trust. The
Housing Department provided a $14,000 rehab loan. Financing at sale will be provided
through a combination of first -time homebuyer and rehab grants, forgivable loans from
the Neighborhood Stabilization and IFA Housing Trust Fund Programs, a DB &T
mortgage of $25,700 and an owner downpayment of $2,651.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Masterpiece on the Mississippi
TO: Mich I Van Milligen, City Manager
FROM: David ris, Housing and Community Development Department
SUBJECT: Sale of property at 1925 Washington Street
DATE: 26 May 10
Dubuque
AlAmaicaCMy
1
2007
Introduction
The purpose of this memorandum is to request approval of the attached resolution
authorizing sale of a home at 1925 Washington Street.
Discussion
At its 10 May 2010 meeting, the City Council, by passage of Resolution No. 160 -10
declared its intent to dispose of City -owned property at 1925 Washington Street.
A public hearing was set for 7 June 2010.
The attached resolution approves that sale of the property to Robert Mootz.
Action Step
The action requested of the City Council is to approve the attached resolution,
approving the sale of the home at 1925 Washington Street.
RESOLUTION NO. 184 -10
A RESOLUTION APPROVING THE SALE OF REAL ESTATE SPECIFICALLY, LOT 6
OF MINERAL LOT 100 IN THE CITY OF DUBUQUE COUNTYOF DUBUQUE, IOWA,
ACCORDING TO THE RECORDED PLAT THEREOF —1925 WASHINGTON STREET
WHEREAS, pursuant to a notice, duly published in the Telegraph Herald newspaper, in
the City Council of Dubuque, Iowa, met on the 17 May 2010, in the Dubuque Historic
Federal Building, 350 West 6 Street, Dubuque, Iowa to consider the proposal to dispose
of City -owned real estate located at 1925 Washington Street.
Lot 6 of Mineral Lot 100 in the City of Dubuque, County of Dubuque, Iowa, according to
the recorded Plat thereof,
WHEREAS, such purpose supports the Washington Neighborhood revitalization
strategy as approved by the City Council;
WHEREAS, the City has received an offer to purchase this property from a qualifying
household;
WHEREAS, a qualifying home buyer has signed an offer to purchase and has obtained
financing from a local lender; and
WHEREAS, the City Council of the City of Dubuque, Iowa has overruled any and all
objections, oral and written, to the proposal to dispose of the interest of the City of
Dubuque, Iowa, in the herein and above -named real estate to the above -named grantee.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the City of Dubuque hereby approves the sale of the following legally -
described property:
Lot 6 of Mineral Lot 100 in the City of Dubuque, County of Dubuque, Iowa, according to
the recorded Plat thereof,
at the cost of Eighty -two thousand dollars. ($82 000)
Section 2. That the City of Dubuque be and is hereby authorized to provide a Warranty
Deed to the buyer, conveying the City's interest to Robert Mootz for the herein - described
real estate.
Section 3. That the City Clerk be and she is hereby authorized an directed to cause
said Warranty Deed to be recorded in the Office of the Dubuque County Recorder,
together with certified copy of the Resolution.
Section 4. That the City Clerk be and she is hereby authorized and directed to forward
a copy of this Resolution to the Dubuque Count Assessor and the Dubuque County
Auditor.
PASSED, APPROVED AND ADOPTED this 7 day
Attest:
eanne Schneider, CMC,
City Clerk
Roy
f June, 2010.
Buol, Mayor
Prepared by: James A. O'Brien 300 Main Street, Suite 330, Dubuque IA 52001 563 589 -4381
Return to: Robert F. Mootz 2022 Central Avenue, Dubuque IA 52001
Tax Statement to:
Robert F. Mootz
2022 Central Avenue
Dubuque, IA 52001
For the consideration of one Dollar(s) and other valuable consideration, the City
of Dubuque, Iowa, Conveys to Robert F. Mootz the following described real estate in
Dubuque County, Iowa:
Lot 6 of Mineral Lot 100 in the City of Dubuque, Iowa, according to the
recoded Plat thereof
Grantors do Hereby Covenant with grantees, and successors in interest, that
grantors hold the real estate by title in fee simple; that they have good and lawful
authority to sell and Convey the real estate; that the real estate is free and clear of all
liens and encumbrances except as may be above stated; and grantors Covenant to
Warrant and Defend the real estate against the lawful claims of all persons except as
may be above stated. Each of the undersigned hereby relinquishes all rights of dower,
homestead and distributive share in and to the real estate. Words and phrases herein,
including acknowledgment hereof, shall be construed as in the singular or plural
number, and as masculine or feminine gender, according to the context.
Dated this 7 of
WARRANTY DEED
By:
eanne F. Schneider, City Clerk
2010, at Dubuque, Iowa.
CITY OF DUB QUE IOWA
Roy Dj:uol, Mayor
STATE OF IOWA
COUNTY OF DUBUQUE
SS
On this day of /4,4&j , 2010 , before me a Notary Public in and
for said County, personally appeared Roy D. Buol and Jeanne F. Schneider to me
personally known, who being duly sworn, did say that they are the Mayor and City
Clerk, respectively of the City of Dubuque, Iowa, a Municipal Corporation, created and
existing under the laws of the State of Iowa, and that the seal affixed to the foregoing
instrument is the seal of said Municipal Corporation, and that said instrument was
signed and sealed on behalf of said Municipal Corporation by authority and resolution of
its City Council and said Mayor and City Clerk acknowledged said instrument to be the
free act and deed of said Municipal Corporation by it volun -.executed:
otary Public in and for Dubuque County, Iowa
o t. a SUSAN M. WINTER
z COMMISSION NO.183274
• MY COMMISSION EXPIRES
low% 2/14/11