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HomeMy WebLinkAbout2020-08-17-J01I Westgate Business Park Plat 2_Satisfaction of Agr AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: August 17, 2020 AGENDA ITEM: Consideration of approval of a resolution approving Satisfaction of Agreement for Public Improvements for Westgate Business Park Plat 2 FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: Staff has received a request to satisfy a development agreement as it pertains to the completion of public improvements within Westgate Business Park Plat 2. The public improvements were completed and accepted by the City several years ago. Approval of the satisfaction of the agreement will clean up title for future acquisitions of property within Westgate Business Park Plat 2. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Staff would recommend approval of the resolution RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY: Brad Deets, Development Services Director REVIEWED BY: J1I 1 THE CITY OF WAUKEE, IOWA RESOLUTION 2020- APPROVING SATISFACTION OF DEVELOPMENT AGREEMENT FOR PUBLIC IMPROVEMENTS – WESTGATE BUSINESS PARK PLAT 2 IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, Eastpark Development, LLC and Valley Paper, Inc. entered into a Development Agreement, filed November 27, 2000 and recorded in Book 2000 Page 12289 in the office of the Recorder of Dallas County, Iowa (the “Agreement”) NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa that the terms of the Agreement have been satisfied by all parties and the City releases Eastpark Development LLC and Valley Paper, Inc. and their successors and assigns, from all obligations under said Development Agreement as it relates to the following property: WESTGATE BUSINESS PARK PLAT 2 Passed by the City Council of the City of Waukee, Iowa, and approved this the 17th day of August, 2020. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Anna Bergman R. Charles Bottenberg Chris Crone Larry R. Lyon Ben Sinclair