The City of Monticello, Iowa
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #2021-10
Resolution to approve Deed, Declaration of Value, Groundwater Hazard Statement and Closing Statement associated with 101 East First Street Building sale.
WHEREAS, By Resolution #2020-62, approved at the regular City Council meeting of May 4, 2020, the Council approved transfer of building located at 101 East 1st Street from the Welter Family to the City of Monticello and plan to transfer building from City to the Creative Adventure Lab, Inc, and
WHEREAS, The Executive Director of the creative Adventure Lab and Innovation Lab in Dubuque, expressed interest in taking over ownership of the old Dime Store from the City and not only renovating the building to be home to the Innovation Lab but also a Creative Adventure Lab, as well as reserving space for a downtown / Main Street office, and
WHEREAS, The preparation of the documents necessary to transfer the 101 East First Street Building to Creative Adventure Lab, Inc. and shall be filed with the Jones County Recorder so as to be of record for all to know and follow.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Monticello, Iowa does hereby approve of the Warranty Deed, Declaration of Value, and Groundwater Hazard Statement prepared to effectuate the transfer of the 101 East 1st Street Building to Creative Adventure Lab, Inc,
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal of the City of Monticello, Iowa to be affixed hereto. Done this 4th day of January, 2021.
Brian Wolken, Mayor
Attest:
Sally Hinrichsen, Monticello City Clerk