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HomeMy WebLinkAbout2024-09-16 I01E_06 Partial Release of Development Agr_1-80 West Industrial Park AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: September 16, 2024 AGENDA ITEM: Consideration of approval of a Resolution approving a Partial Release of Development Agreement with 117 Land Company, LLC, and RJ Lawn Service, Inc. (I-80 West Industrial Park Agreement). FORMAT: Public Hearing SYNOPSIS INCLUDING PRO & CON: 117 Land Company, LLC, and RJ Lawn Service, Inc., entered into an agreement with the City in 2017 related to improvements and responsibilities related to public improvements and private site improvements. The improvements have been completed as they relate to the property subject to this proposed partial release. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: The provisions to the agreement have been satisfied as it relates to the subject property included within the release. RECOMMENDATION: Staff would recommend approval of the partial release. ATTACHMENTS: I. Proposed Resolution II. Partial Release III. Original Development Agreement PREPARED BY: Andy Kass, Community Development Director REVIEWED BY: I1E6 THE CITY OF WAUKEE, IOWA RESOLUTION 2024- APPROVING A PARTIAL RELEASE AND SATISFACTION FOR DEVELOPMENT AGREEMENT – 117 LAND COMPANY, LLC, AND RJ LAWN SERVICE, INC. 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, 117 Land Company and RJ Lawn Service, Inc., (collectively “Property Owners”) entered into a Development Agreement (“Agreement”) with the City of Waukee, dated November 6, 2017, and recorded on November 13, 2017, in Book 2017 Page 22067, Dallas County, Iowa regarding development of I-80 West Industrial Park. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa that the terms of the Agreement have been partially satisfied and the City releases the Property Owners and their successors and assigns, from all obligations under said Developers Agreement as it pertains to the following legally described area: LOT 3 OF I-80 WEST INDUSTRIAL PARK PLAT 1 Passed by the City Council of the City of Waukee, Iowa, and approved this the 16th 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 1 Return to: Rebecca Schuett, City Clerk, City of Waukee, 230 W. Hickman Road, Waukee, IA 50263 Prepared by: Andy Kass, 230 W. Hickman Road, Waukee, Iowa 50263 (515) 978-9533 PARTIAL RELEASE RE: LOT 3 OF I-80 WEST INDUSTRIAL PARK PLAT 1 The City of Waukee, Iowa entered into a Development Agreement with 117 Land Company, LLC, and RJ Lawn Service, Inc. (collectively, “Property Owner”), which was recorded on November 13, 2017 in Book 2017 at Page 22067 with the Dallas County Recorder’s Office, which contains certain provisions obligating the Property Owner to make certain improvements on the property legally described within said Development Agreement. The City of Waukee hereby releases the following property legally described as: LOT 3 OF I-80 WEST INDUSTRIAL PARK PLAT 1 All other provisions of the Development Agreement recorded on November 13, 2017 in Book 2017 at Page 22067 with the Dallas County Recorder’s Office shall remain in full force and effect. Dated: ____________________________, 2024 THE CITY OF WAUKEE, IOWA By: ____________________________ Courtney Clarke, Mayor ATTEST: By: ____________________________ Rebecca D. Schuett, City Clerk 2 STATE OF IOWA ) ) SS. COUNTY OF DALLAS ) On this _____ day of __________________, 2024 before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Courtney Clarke and Rebecca D. Schuett, to me personally known, and who, being by me duly sworn, did say that they are the Mayor and City Clerk, respectively, of the City of Waukee, Iowa; that the seal affixed to the foregoing instrument is the official seal of said City, and that the instrument was signed and sealed on behalf of the City, by authority of its City Council, and that Courtney Clarke and Rebecca D. Schuett acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the City, by it and them voluntarily executed. ________________________________ Notary Public in and for the State of Iowa My Commission expires __________