HomeMy WebLinkAbout2024-05-06 G03 Habitat for Humanity Development Agreement and Option to Purchase_PHAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: May 6, 2024
AGENDA ITEM:On a proposal to enter into an Option Agreement and a Development
Agreement with Greater Des Moines Habitat for Humanity, Inc. related to a
project within the North Waukee Residential Urban Renewal Area, which
includes the potential sale of the City’s interest in real property
FORMAT:Public Hearing
SYNOPSIS INCLUDING PRO & CON: Habitat for Humanity of Greater Des Moines has
proposed developing 48 affordable townhome units on the northern half of the parcel near Douglas
Parkway and North Warrior Ln. The negotiated development agreement lays out all of the
requirements for the City and for the developer. Should Habitat abide by the terms in the development
agreement, the option to purchase would allow Habitat to purchase this property for $1.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: The City purchased the entire
13.6 acre parcel for $900,500. This resolution relates to the northern half and
should Habitat for Humanity abide by the terms of the development
agreement, the City has agreed to allow them to purchase that land for $1. The
amended urban renewal plan allows the City of Waukee to provide up to
$500,000 in tax increment rebate incentive for this project.
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Hold the public hearing.
ATTACHMENTS: I. Notice of Public Hearing
PREPARED BY: Nick Osborne
REVIEWED BY: Nick Osborne
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION: Dallas County News
DATE OF PUBLICATION: April 25, 2024
G3
(One publication required)
NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF
THE CITY OF WAUKEE IN THE STATE OF IOWA, ON THE
MATTER OF THE PROPOSAL TO CONVEY REAL PROPERTY
TO GREATER DES MOINES HABITAT FOR HUMANITY, INC.
PURSUANT TO A PROPOSED OPTION AGREEMENT AND A
PROPOSED DEVELOPMENT AGREEMENT, AND THE
HEARING THEREON
PUBLIC NOTICE is hereby given that the Council of the City of Waukee in the State of Iowa,
will hold a public hearing before itself at its meeting that commences at 5:30 P.M. on May 6, 2024,
in the City Office, 230 West Hickman Road, Waukee, Iowa 50263, at which meeting the Council
proposes to take action on the proposal to enter into an Option Agreement and a Development
Agreement (collectively the "Agreement") with Greater Des Moines Habitat for Humanity, Inc.
("Habitat"), and the proposal to convey certain real property (the "Property") located within the
North Waukee Residential Urban Renewal Area to Habitat, pursuant to the terms and conditions
of the Agreement. The Property is legally described as:
Part of Outlots "X" and "Z" in PRAIRIE ROSE PLAT 2, an Official Plat, and part
of Outlot "Z" in PRAIRIE ROSE PLAT 6, an Official Plat, all now included in and
forming a part of the City of Waukee, Dallas County, Iowa, being more particularly
described as follows:
Commencing at the Northeast corner of said Outlot "X" in PRAIRIE ROSE PLAT
2; thence South 00°(degrees) 22'(minutes) 49"(seconds) West, 241.78 feet along
the East line of said Outlot "X" to the Point of Beginning; thence continuing South
00°22'49" West, 622.89 feet along the East line of said Outlot "X"; thence South
45°03'06" West, 35.56 feet along the Southeast line of said Outlot "X"; thence
South 89°43'24" West, 262.66 feet along the South lines of said Outlots "X" and
"Z" in PRAIRIE ROSE PLAT 2; thence North 00°16'36" West, 57.22 feet; thence
North 42°16'05" West, 144.69 feet; thence North 09°44'56" East, 177.84 feet to and
along the West line of said Outlot "X" in PRAIRIE ROSE PLAT 2; thence North
07°37'40" West, 68.66 feet along the West line of said Outlot "X"; thence North
18°12'04" East, 80.92 feet along the West line of said Outlot "X"; thence North
02°38'24" West, 107.23 feet; thence North 23°54'23" East, 81.25 feet; thence North
45°18'15" East, 66.01 feet to the West line of said Outlot "X" in PRAIRIE ROSE
PLAT 2; thence North 18°12'04" East, 31.51 feet along the West line of said Outlot
"X"; thence South 89°37'11" East, 162.83 feet; thence South 46°09'35" East, 132.67
feet to the point of beginning.
The Agreement proposes that the City would sell the Property to Habitat for $1.00 and in
consideration of Habitat’s other obligations set forth in the Agreement, including that the Property
will be used to construct 48 townhome-style residential units on the Property to be sold to low and
moderate income families (“Project”), subject to the detailed terms and conditions set forth in the
Agreement. The Agreement further proposes that the City would provide annual tax increment
rebates derived from the Project to Habitat up to an aggregate amount not to exceed $500,000,
subject to terms and conditions in the Agreement.
Copies of the Option Agreement and Development Agreement are on file for public inspection
during regular business hours in the office of the City Clerk, City Hall, City of Waukee, Iowa. The
proposal may be subject to additional conditions as may be stated either in the Agreement, the
resolution of the City Council, or documents entered into between the parties.
At the above meeting, the Council shall receive oral or written objections from any resident or
property owner to the proposal to enter into the Agreement with Habitat. After all objections have
been received and considered, the Council may at this meeting or at any adjournment thereof, take
additional action to approve the Agreement or to modify the Agreement, or may abandon the
proposal to authorize said Agreement.
This notice is given by order of the City Council of the City of Waukee in the State of Iowa, as
provided by Section 364.7 of the City Code of Iowa.
Dated this 1st day of April, 2024.
Rebecca D. Schuett
City Clerk, City of Waukee in the State of Iowa
(End of Notice)
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