HomeMy WebLinkAbout2024-07-01 Resolution 2024-287_Termination of Development Agreement, Downing DevelopmentTHE CITY OF WAUKEE, IOWA
RESOLUTION 2024-287
APPROVING TERMINATION OF DOWNING DEVELOPMENT AGREEMENT
[ENTERPRISE BUSINESS PARK PLAT 31
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 6, 2001, the Waukee City Council approved a Development Agreement by
and among the City of Waukee and Downing Development, LTD. (Resolution #01-137); AND,
WHEREAS, on December 3, 2007, the Waukee City Council approved an Amendment to the
Development Agreement by and among the City of Waukee and Downing Development, LTD.
(Resolution #07-261); 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 met and are in compliance
with the Public Improvements requirement: AND,
WHEREAS, pursuant to the terms of the Development Agreement, the Developer has received the full
amount of qualified expenses in accordance of the original Development Agreement,
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that Development
Agreement by and among the City of Waukee and Downing Development, LTD shall be terminated 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, Public Improvements, with the County Recorder of Dallas County.
Passed by the City Council of the City of Waukee, Iowa, and approved this the l' day of July, 2024.
0� 0-�5-
Courtney Clarke, Mayor
Attest:
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE:
AVE
R. Charles Bottenberg
Chris Crone
X
Rob Grove
X
Anna Bergman Pierce
X
Ben Sinclair
X
NAY ABSENT ABSTAIN
X