Loading...
HomeMy WebLinkAbout2024-09-03 I01G_03 AP North LC DA_Certificate of CompletionAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: September 3, 2024 AGENDA ITEM:Consideration of approval of a resolution accepting Development Agreement Certificate of Completion Public Improvements for AP North, L.C. FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: The development agreement between the City and AP North, L.C. includes public improvements involving the design and construction of a reginal storm water pond to be dedicated to the city upon completion. City Council accepted public improvements from AP North, L.C. on May 20, 2024 Total costs submitted for the public improvements is $2.2M. Per the agreement, maximum grant amount cannot exceed $2M. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Regional storm water pond was needed to new commercial development including UnityPoint Medical Park. The investment in infrastructure will result in $20+M of new commercial. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve Resolution ATTACHMENTS: I. Resolution PREPARED BY: Jennifer Brown, Director of Economic Development REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: I1G3 THE CITY OF WAUKEE, IOWA RESOLUTION 2024 APPROVING ACCEPTING CERTIFICATE OF COMPLETION, MINIMUM IMPROVEMENTS [AP NORTH L.C.] 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 July 10, 2023, the Waukee City Council approved a Development Agreement by and among the City of Waukee and AP North, L.C. (Resolution #2023-286); 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 constructed Ashworth North Plat 3 – Regional Detention Pond in general conformance with standard specifications for the City; AND WHEREAS, the developer demonstrated to the City that they have met and are in compliance with the Public Improvements requirement. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that the Certificate of Completion, Minimum Improvements [AP North, L.C.], 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, Minimum Improvements, with the County Recorder of Dallas County. Passed by the City Council of the City of Waukee, Iowa, and approved this the 3rd day of September, 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