HomeMy WebLinkAbout2022-10-17 I01E_01_c Waukee Crossing Plat 2_Satisfaction of Development AgrAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: October 17, 2022
AGENDA ITEM:Consideration of approval of a resolution approving Satisfaction of
Developer’s Agreement [Waukee Crossing, LLC]
FORMAT:Resolution
SYNOPSIS INCLUDING PRO & CON: The City of Waukee and the Developer (Waukee
Crossing, LLC) agree to amend paragraph 4 of the Agreement to determine
the cap to the incentive payment for the NW 6th Street Improvements based on
the cost categories of exhibit 2 of the amended agreement.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:The City incentive payment
to the Developer will not exceed a total of $153,993.71.
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Approve the resolution.
ATTACHMENTS: I. Resolution
PREPARED BY: Beth Richardson
REVIEWED BY: Rudy Koester RK
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION:
DATE OF PUBLICATION:
I1E1c
THE CITY OF WAUKEE, IOWA
RESOLUTION 2022-
APPROVING SATISFACTION OF DEVELOPER’S AGREEMENT
[WAUKEE CROSSING, LLC]
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas
County; AND,
WHEREAS, the City of Waukee and Waukee Crossing, LLC have agreed to certain
improvements to NW 6th Street as outlined in the Developer’s Agreement: AND,
WHEREAS, the City and Developer have agreed to cap the incentive payment for the
NW 6th Street Improvements for an amount not-to-exceed $153,993.71,
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in
session this 17th day of October 2022, that it hereby accepts the public improvements
associated with Waukee Crossing Plat 2 and the Developer has Satisfied the requirements
of the Developer’s Agreement.
____________________________
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