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FEET TO A POINT ON A CURVE; THENCE SOUTHWESTERLY ALONG A <br /> CURVE CONCAVE NORTHWESTERLY WHOSE RADIUS IS 35.00 FEET, <br /> WHOSE ARC LENGTH IS 55.19 FEET AND WHOSE CHORD BEARS <br /> SOUTH 44 59'01" WEST, 49.65 FEET TO A POINT BEING 60.00 <br /> FEET NORTH OF THE SOUTH LINE OF SAID SECTION 33; THENCE <br /> NORTH 89 50'38" WEST ALONG A LINE BEING 60.00 FEET NORTH <br /> OF AND PARALLEL WITH SAID SOUTH LINE, 203.33 FEET TO THE <br /> POINT OF BEGINNING AND CONTAINING 0.65 ACRES (28,270 <br /> S.F.) MORE OR LESS. <br /> FOR PURPOSES OF THIS DESCRIPTION THE WEST LINE OF THE <br /> NORTHWEST 1/4 OF SECTION 33, T79N, R25W IS ASSUMED TO <br /> BEAR NORTH 0 00'00" EAST. <br /> WHEREAS, Cownie Furs Inc., in exchange for said real estate, <br /> has agreed to transfer to the City of Clive certain real estate <br /> owned by Cownie Furs Inc., and provide to the City certain tempor- <br /> ary and permanent easements, certain agreements and a petition and <br /> waiver of special assessment all in accordance with the Offer to <br /> Buy and Exchange Real Estate attached hereto as Exhibit "No. 1" and <br /> by this reference incorporated herein, including the payment of all <br /> recording fees and publication fees associated with said transfers, <br /> as full and fair consideration for said grant; and <br /> WHEREAS, Section 364.7 of the Iowa Code provides that a city <br /> may not dispose of an interest in real estate by sale unless the <br /> City Council shall set forth its proposal in a resolution and shall <br /> publish notice of the resolution and of a date, time and place of a <br /> public hearing on the proposal in accordance with Section 362.3 of <br /> the Iowa Code; and <br /> WHEREAS, the City Council of the City of Clive is desirous of <br /> setting forth its proposal for the disposition of the above said <br /> interest in said real property and of publishing notice thereof and <br /> holding a public hearing thereon as required by law. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF CLIVE, IOWA: <br /> 1. That the City Council of the City of Clive proposes to <br /> convey unto Cownie Furs Inc. by Quit Claim Deed, in con- <br /> sideration of the transfer to the City of Clive of certain <br /> real estate owned by Cownie Furs Inc., and the delivery to <br /> the City of certain temporary and permanent easements, <br /> certain agreements and a petition and waiver of special <br /> assessment, all in accordance with the "Offer to Buy and <br /> Exchange Real Estate" attached hereto as Exhibit "No. 1" <br /> and by this reference incorporated herein, including the <br /> payment by Cownie Furs Inc. of all recording fees and <br /> publication fees associated with such transfers, that <br /> certain real estate hereinafter described located in the <br /> City of Clive, Polk County, Iowa, pursuant to all the <br /> terms and conditions set forth in the attached "Offer to <br /> Buy and Exchange Real Estate to -wit: <br /> THAT PART OF THE WEST 1/2 OF THE SOUTHWEST 1/4 <br /> OF SECTION 33, TOWNSHIP 79 NORTH, RANGE 25 <br /> WEST OF THE 5TH P.M., AND THAT PART OF LOT "C" <br /> STATE FARM ADDITION PLAT TWO, AN OFFICIAL <br /> PLAT, AND THAT PART OF LOT "A" WALNUT RIDGE <br /> PLAT NO. 1, AN OFFICIAL PLAT BEING IN AND <br /> FORMING A PART OF THE CITY OF CLIVE, POLK <br /> COUNTY, IOWA, DESCRIBED AS FOLLOWS: <br /> BEGINNING AT THE SOUTHWEST CORNER OF SAID LOT <br /> "A THENCE NORTH 0 05'15" WEST ALONG THE WEST <br /> LINE OF SAID LOT "A" PARALLEL WITH AND 40.00 <br /> FEET WEST OF THE SOUTHWEST 1/4 OF SAID SECTION <br /> -2- <br /> k <br />