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Home My WebLink About2024-03-04 Resolution 2024-109_K Belken LLC, Triangle Business Property Improvement Program Grant AwardTHE CITY OF WAUKEE, IOWA RESOLUTION 2024-109 APPROVAL OF A GRANT AWARD TO K BELKEN, LLC AS PART OF THE WAUKEE TRIANGLE BUSINESS PROPERTY IMPROVEMENT PROGRAM IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, on August 17, 2020, the Waukee City Council approved a Triangle Business Property Improvement Program (Resolution #2020-313) to provide assistance to property owners in the renovation and upgrade of older commercial, office, and mixed -use properties within the designated Waukee Triangle Property Improvement District; AND, WHEREAS, the City is committed to fostering an increase in investments and business opportunity in the original downtown area of Waukee as the area has provided an identifiable node of the City's past and serves as an opportunity to promote community growth into the future; AND, WHEREAS, K Belken, LLC, dba The Kissed Peach at 540 Walnut Street, has submitted a Triangle Business Property Improvement Program application requesting grant funding in the amount of $20,000.00 for investing approximately $225,000 to renovate and repurpose the property located at 540 Walnut Street; AND, WHEREAS, the Triangle Business Property Improvement Program application submitted by K Belken, LLC is in conformance with the guidelines, terms, and conditions set forth in the Triangle Business Property Improvement Program; AND, WHEREAS, Triangle Business Property Improvement Program grants are awarded as a reimbursement for the actual costs incurred by the applicant after the project has been completed; AND, WHEREAS, the City staff reviewed the Triangle Business Property Improvement Program application and recommended approval of the Triangle Business Property Improvement Program grant for K Belken, LLC; AND, NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 4th day of March, 2024 that a Grant Award in the amount of $20,000.00 is approved for the renovations, upgrades and repurposing of the property located at 540 Walnut Street. Courtney Clarke, Mayor Attest: Md4l'," 0• ALku-� Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE R. Charles Bottenberg X Chris Crone X Rob Grove X Anna Bergman Pierce X Ben Sinclair X NAY ABSENT ABSTAIN