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HomeMy WebLinkAbout2024-03-18 Resolution 2024-118_Affordable Housing Project, Development AgreementTHE CITY OF WAUKEE, IOWA RESOLUTION 2024-118 RESOLUTION AUTHORIZING AND EXECUTING A DEVELOPMENT AGREEMENT WITH NORTHPOINTE DEVELOPMENT II CORPORATION FOR AFFORDABLE HOUSING PROJECT IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas County; AND, WHEREAS, Northpointe Development II Corporation proposes to develop 60 total affordable units; 46 developed by Northpointe Development II Corporation and 14 units by a separate third party developer on 6.44 acres of land near Douglas Parkway and North Warrior Lane; AND, WHEREAS, the City has been in discussions with the developer, Northpointe Development II Corporation, regarding certain obligations of both the City and the developer related to public improvements, affordability standards, and requirements of the subdivision; AND, WHEREAS, the discussions have resulted in a development agreement that City Staff believes are in the best interest of the City to approve. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 18`h day of March, 2024, that the Developer's Agreement with Northpointe Development II Corporation is hereby approved. BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all documents to effectuate the development agreement: Attest: a' A)-Au� 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 on-,J-� Co ney Clarke, Mayor NAY ABSENT ABSTAIN