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HomeMy WebLinkAbout2024-06-17 I01G_07 CIHC Agreement_Certificate of CompletionAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 17, 2024 AGENDA ITEM:Consideration of approval of a resolution accepting Development Agreement Certificate of Completion for Central Iowa Hospital Corporation FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: Central Iowa Hospital Corporation(CIHC) developed UnityPoint Medical Park located at 2515 Grand Prairie Parkway. The development agreement between the City and CIHC included 70,000 SF medical center improvements and the design, construction, and lane extension of SE Tallgrass Lane from Grand Prairie Parkway east to SE Glacier Trail, which has already been completed and dedicated to the City as public infrastructure. The Certificate of Completion certifies the developer executed and delivered on the Development Agreement. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: New capital investment in the City of Waukee is $37.7M. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve resolution accepting the Certificate of Completion ATTACHMENTS: I. Resolution PREPARED BY: Jennifer Brown, Director of Economic Development REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: I1G7 THE CITY OF WAUKEE, IOWA RESOLUTION 2024 APPROVING DEVELOPMENT AGREEMENT CERTIFICATE OF COMPLETION [CENTRAL IOWA HOSPITAL CORPORATION] 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, on March 4, 2024, the Waukee City Council approved a Development Agreement by and among the City of Waukee and Central Iowa Hospital Corporation (Resolution #2024-094); AND, WHEREAS, pursuant to the terms of the Development Agreement, the Developer is obligated to construct certain Public Improvements as defined within the Development Agreement; AND, WHEREAS, the Developer has demonstrated to the City that they have completed construction of the Public Improvements. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that the Certificate of Completion [Central Iowa Hospital Corporation], is hereby accepted and that the Mayor is authorized to execute the same on behalf of the City. BE IT FURTHER RESOLVED that the City Clerk is directed to record the executed Certificate of Completion with the County Recorder of Dallas County. Passed by the City Council of the City of Waukee, Iowa, and approved this the 17th day of June, 2024. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN R. Charles Bottenberg Chris Crone Rob Grove Anna Bergman Pierce Ben Sinclair