HomeMy WebLinkAboutA033 - Resolution No. 93-411 adopted November 9, 1993 INl3T.6\I® 21`741 � 0 �
STORY COUNTY, I
FILED FOR RECORD �..
AM- 4 ►NOV 5 199 PM 2 RESOLUTION NO. 93- 411
,4u�(z.YI .V 1 . RESOLUTION AUTHORIZING THE MAYOR
SUSAN L.VANDE KAMP, TO EXECUTE CERTIFICATE FOR
Recording Fee$ ,D�." RELEASE OF LIENS AND PARTIAL RELEASE
_ OF REAL ESTATE MORTGAGE FOR LOT 6,
Aud!Ws Fee$ :DMES COMMUNITY INDUSTRIAL PARR SUBDIVISION,
AMES, IOWA
WHEREAS, purchasers of Lot 6, Ames Community Industrial
Park Subdivision, Ames, Iowa, have requested that the City execute
a Certificate to the effect that liens against this property are
released; and
WHEREAS, verification has been received that assessments
against this particular property have been paid and that the
security of the Mortgage executed by Ford Street Development
Company to City of Ames, Iowa, filed in the office of the Recorder
of Story County, Iowa, on June 24, 1992, in Book 459, commencing
at page 71, will have a market value of not less than $458, 000. 00
as provided in the Development Agreement for the Ames Community
Industrial Park Tax Increment Finance District, dated June 1, 1992 ,
and filed in the office of the Recorder of Story County, Iowa, on
June 9, 1992, in Book 326, commencing at page 131, after the
requested Certificate and Partial Release of Real Estate Mortgage
is executed,
Q NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Ames, Iowa, that the Mayor and City Clerk are hereby
authorized to execute the Certificate and Partial Release of Real
Estate Mortgage on behalf of the City as attached hereto and made
a part hereof by this reference.
ADOPTED THIS 9th day of N.ovembex 1993 .' x
1
Sandra L r Ryan, Cit Clerk Larry Curtis, Mayor;
Introduced by: Hertz ,
too
Y Yam# A.Yr
Seconded by: Parks
Voting aye: Brown, Campbell , Hertz, Hoffman, Parks, Wirth W°
I-C) Voting nay: none
�Q Absent: none
•1
Resolution declared adopted and signed by the Mayor this 9th day
of November , 1993 .
565 83
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