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HomeMy WebLinkAbout2022-11-07 J01G_02 Settlement Agreement & Release_Ashley Acres\AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: November 7, 2022 AGENDA ITEM:Consideration of approval of a resolution approving Settlement Agreement and Release [Ashley Acres, LLC] FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: Ashley Acres, LLC and the City entered into a Developer’s Agreement approved by the City on August 17, 2020 (Book 2020, Page 22152) Dallas County Recorder’s Office in which the parties agreed to certain obligations associated with the development of the property owned by Ashely Acres, LLC west of N Warrior Lane. Ashley Acres, LLC claims the City breached the Contract by failing to complete its obligation to complete the extension of water and sewer infrastructure to the property by June 30, 2021. Ashley Acres, LLC alleged that it is owed damages due to the City’s alleged breach of the Contract. Ashley Acres, LLC and the City have agreed to settle all the claims and demands that have been asserted. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: City agrees to pay in full and complete settlement of its claims in the amount of $32,057.75. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the Resolution. ATTACHMENTS: I. Resolution II. Settlement Agreement and Release PREPARED BY: Beth Richardson REVIEWED BY: Rudy Koester RK J1G2 THE CITY OF WAUKEE, IOWA RESOLUTION 2022- APPROVING SETTLEMENT AGREEMENT AND RELEASE [ASHLEY ACRES, LLC] 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, Ashley Acres, LLC and the City entered into a Developer’s Agreement approved by the City on August 17, 2020 (Book 2020, Page 22152 at the Dallas County Recorder’s Office) in which the parties agreed to certain obligations associated with the development of the property owned by Ashley Acres, LLC west of N Warrior Lane; AND, WHEREAS, Ashley Acres, LLC claims the City breached the Contract by failing to complete the obligation to complete the extension of water and sewer infrastructure to the property by June 30, 2021: AND, WHEREAS, Ashley Acres, LLC alleged that it is owed damage due to the City’s alleged breach of the Contract; AND, WHERAS, Ashley Acres, LLC and the City have agreed to settle all the claims and demands that have been asserted in the amount of $32,057.75, NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee that the Settlement Agreement and Release between the City of Waukee and Ashley Acres, LLC is hereby approved. Passed by the City Council of the City of Waukee, Iowa, and approved the 7th day of November 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