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HomeMy WebLinkAbout2022-03-07-J01H_16 Corrective Partial Release_SE Tallgrass Ln Improvements AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: March 7, 2022 AGENDA ITEM: Consideration of approval of a Resolution approving Corrective Partial Release of Development Agreement pertaining to the northwest corner of Grand Prairie Parkway and SE Tallgrass Lane (Tallgrass Improvements Agreement). FORMAT: Public Hearing SYNOPSIS INCLUDING PRO & CON: ARAC, Inc. entered into an agreement with the City in 2017 regarding an incentive to complete improvements to Tallgrass Lane located west of Grand Prairie Parkway as a part of The Shops at Kettlestone North Plat 1 final plat. The agreement stipulated that the City would provide the developer an incentive for completion of certain public improvements associated with the construction of Tallgrass Lane that are attributable to the City. The City Council approved a partial release to the Development Agreement in November 2021 as it had been determined that the agreement had been satisfied. City staff was recently made aware of a scrivener’s error in the partial release and the proposed corrective partial release is intended to correct that error. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: The City Attorney has prepared the corrective partial release related to the parcels in question. RECOMMENDATION: Staff would recommend approval of the corrective release. ATTACHMENTS: I. Proposed Resolution II. Partial Release III. Original Development Agreement PREPARED BY: Brad Deets, Assistant City Administrator REVIEWED BY: J1H16 THE CITY OF WAUKEE, IOWA RESOLUTION 2022 APPROVING A CORRECTIVE PARTIAL RELEASE AND SATISFACTION FOR DEVELOPMENT AGREEMENT – ARAC, LLC AND CHARLES SANFORD SWALLOW AND TERRY IRENE SWALLOW TRUST 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, ARAC LLC, and Charles Sanford Swallow and Terry Irene Swallow Trust dated 10-22-98, (collectively “Property Owners”) entered into a Development Agreement (“Agreement”) with the City of Waukee, dated January 6, 2017 and recorded on January 11, 2017 in Book 2017 Page 671, Dallas County, Iowa regarding development of Tallgrass Lane. WHEREAS, a Partial Release was executed by the City of Waukee on November 1, 2021 and recorded in Book 2021 and page 34691 on November 29, 2021 in the Office of the Dallas County Recorder which contained a scrivener’s error creating some confusion. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa that the City releases Government Lot 15 Except Parcel "CC" as shown in survey in Book 2013, Page 20096, and Except land deeded to the City of Waukee in Book 2013, Page 10381, Book 2013, 10382, Book 2013, Page 10383 and Book 2013, Book 10385, Book 2017, Page 677, and Book 2017, Page 679, all in Section 4, Township 78 North, Range 26 West of the 5th P.M., City of Waukee, Dallas County, Iowa, from the obligations provided in the Development Agreement recorded on January 11, 2017 in Book 2017 at Page 671 with the Dallas County Recorder's Office. Passed by the City Council of the City of Waukee, Iowa, and approved this the 7th day of March 2022. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Anna Bergman Pierce R. Charles Bottenberg Chris Crone Larry R. Lyon Ben Sinclair Return to: Rebecca Schuett, City Clerk, City of Waukee, 230 W. Hickman Road, Waukee, IA 50263 Prepared by: Steven P. Brick. Brick Gentry P.C., 6701 Westown Pkwy, Ste #100, West Des Moines, IA 50266 (515) 274-1450 CORRECTIVE PARTIAL RELEASE RE: Government Lot 15 Except Parcel "CC" as shown in survey in Book 2013, Page 20096, and Except land deeded to the City of Waukee in Book 2013, Page 10381, Book 2013, I 0382, Book 2013, Page 10383 and Book 2013, Book 10385, Book 2017, Page 677, and Book 2017, Page 679, all in Section 4, Township 78 North, Range 26 West of the 5th P.M., City of Waukee, Dallas County, Iowa A Partial Release was executed by the City of Waukee on November 1, 2021 and recorded in Book 2021 and page 34691 on November 29, 2021 in the Office of the Dallas County Recorder which contained a scrivener’s error creating some confusion. Said Partial Release was intended to provide as follows: The City of Waukee, Iowa entered into a Development Agreement with ARAC, LLC and Charles Sanford Swallow and Terry Irene Swallow, Trustees of the Charles Sanford and Terry Irene Swallow Trust dated October 22, 1998 (collectively, "Property Owner"), which was recorded on January 11, 2017 in Book 2017 at Page 671 with the Dallas County Recorder's Office, which contains certain provisions obligating the Property Owner to make certain improvements on the property legally described within said Development Agreement. The City of Waukee hereby releases Government Lot 15 Except Parcel "CC" as shown in survey in Book 2013, Page 20096, and Except land deeded to the City of Waukee in Book 2013, Page 10381, Book 2013, 10382, Book 2013, Page 10383 and Book 2013, Book 10385, Book 2017, Page 677, and Book 2017, Page 679, all in Section 4, Township 78 North, Range 26 West of the 5th P.M., City of Waukee, Dallas County, Iowa, from the obligations provided in the Development Agreement recorded on January 11, 2017 in Book 2017 at Page 671 with the Dallas County Recorder's Office. All other provisions of the Development Agreement recorded on January 11, 2017 in Book 2017 at Page 671 with the Dallas County Recorder's Office shall remain in full force and effect. THE CITY OF WAUKEE, IOWA Dated: _____________________________, 2022 By: ___________________________________ Courtney Clarke, Mayor By: ___________________________________ Rebecca D. Schuett, City Clerk STATE OF IOWA, DALLAS COUNTY, ss: On this _____ day of _________________, 2022, before me the undersigned, a Notary Public in and for the State of Iowa, personally appeared Courtney Clarke and Rebecca D. Schuett, to me personally known, who, being by me duly sworn, did say that they are the Mayor and City Clerk, respectively, of the City of Waukee, Iowa; that the instrument was signed and sealed on behalf of the City by authority of its City Council, as contained in Resolution No. ______ passed by the City Council on the _____ day of ______________, 2022, and that Courtney Clarke and Rebecca D. Schuett, as such officers, acknowledged the execution of the instrument to be the voluntary act and deed of the City, by it and by them voluntarily executed. ____________________________________ Notary Public in and for the State of Iowa