HomeMy WebLinkAbout2020-08-31-D05 Lolowau Property Purchase Agr
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: August 31, 2020
AGENDA ITEM: Consideration of approval of a resolution approving Offer to Purchase Real
Estate for certain property located in the City of Waukee (LOLOWAU
Property)
FORMAT: Resolution
SYNOPSIS INCLUDING PRO & CON: City Staff has negotiated a purchase agreement for an
approximately .59 acre parcel of property located along SE Parkview Crossing
Drive and adjacent to the large detention pond that serves the Kettlestone area.
The purpose of the property acquisition is to allow for the extension of a trail
and expansion of the trail amenities associated with the Kettlestone Greenbelt
Improvement Project.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $144,000
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT: . The City Attorney has prepared the purchase agreement and
it has been signed by the property owner and is attached for your review. Per
the purchase agreement, the City will be providing a credit towards a previous
agreement that the City negotiated with the property owner related to the
extension of Westown Parkway in 2017. There will be no cash payout by the
City for the acquisition of this property.
RECOMMENDATION: Approve the resolution.
ATTACHMENTS: I. Proposed Resolution
II. Proposed Purchase Agreement
PREPARED BY: Brad Deets, Development Services Director
REVIEWED BY:
AGENDA ITEM: D5
THE CITY OF WAUKEE, IOWA
RESOLUTION 2020-
RESOLUTION APPROVING PURCHASE AGREEMENT FOR CERTAIN
PROPERTY LOCATED IN THE CITY OF WAUKEE
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, the City desires to enter into a Purchase Agreement (hereinafter referred to as the
“Agreement”) and said Agreement has been accepted by the Seller, Lolowau LLC, for certain
property legally described on attached Exhibit “A”; AND
WHEREAS, the City Council of the City of Waukee deems it to be in the best interest of the
City to purchase the property; AND
WHEREAS, the proposed Agreement between Lolowau LLC and the City of Waukee is
attached as Exhibit “B.”
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waukee that the
Residential Purchase Agreement attached hereto as Exhibit B is approved.
BE IT FURTHER RESOLVED that City Staff is directed to proceed in accordance with the
Agreement. Upon the determination of the City Attorney that the conditions of the offer have
been satisfied and title delivered staff is authorized and directed to proceed with closing.
Passed by the City Council of the City of Waukee, Iowa, and approved the 31st day of August,
2020.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Anna Bergman
R. Charles Bottenberg
Chris Crone
Larry R. Lyon
Ben Sinclair
EXHIBIT A
LEGAL DESCRIPTION
PARCEL 20-48 AS DESCRIBED IN THE PLAT OF SURVEY RECORDED IN BOOK 2020 AT PAGE
14306, CITY OF WAUKEE, DALLAS COUNTY, IOWA AND CONTAINING 0.59 ACRES