HomeMy WebLinkAbout2024-10-07 H02A Elm St Property Purchase Agreement AGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: October 7, 2024
AGENDA ITEM: Consideration of approval of a resolution approving the Purchase Agreement
of Easement Interests pursuant to Iowa Code Section 364.7 (2024) [Elm Street
Property]
FORMAT: Resolution
SYNOPSIS INCLUDING PRO & CON: City staff has been approached by the owner of the
commercial building located at 750 W. Hickman Road regarding a parking lot
expansion. The proposed parking lot expansion would encroach onto property
owned by the City of Waukee south of existing building. The building owner
is requesting an easement from the City to allow for the proposed parking
expansion to be partially located on property owned by the City of Waukee.
JDS Real Estate Investments, LLC, the developer of 750 W. Hickman Road,
submitted an offer to the city to purchase the easement interest. The purchase
offer provided is $9,440.00. The offer is based on $2.50 per square feet of
easement area (3,776 square feet).
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT: Staff would recommend approval of the Purchase Agreement
of Easement Interests pursuant to Iowa Code Section 364.7 (2024) [Elm Street
Property].
RECOMMENDATION: Approve the resolution
ATTACHMENTS: I. Proposed Resolution
II. Purchase Agreement
PREPARED BY: Andy Kass, Community Development Director
REVIEWED BY:
H2A
THE CITY OF WAUKEE, IOWA
RESOLUTION 2024-
APPROVING PURCHASE AGREEMENT FOR PARKING EASEMENT
[ELM STREET PROPERTY]
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, the City has received a request to purchase a permanent easement on property
owned by the City of Waukee and generally located south of the property located at 750 W
Hickman Road for purposes of expansion of a parking lot; AND,
WHEREAS, JDS Real Estate Investments, L.L.C. has submitted a Purchase Agreement in the
amount of $9,440.00 for purposes of easement interests in the property; AND,
WHEREAS, the Council has determined that the Purchase Agreement for Easement Interests
is in the best interest of the City and the residents thereof;
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that the
Purchase Agreement for Easement Interests [Elm Street Property] is hereby approved, and the
Mayor and the City Clerk are authorized to execute the Agreement for and on behalf of the
City.
Passed by the City Council of the City of Waukee, Iowa, and approved this the 7th day of
October, 2024.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Anna Bergman Pierce
R. Charles Bottenberg
Chris Crone
Larry R. Lyon
Ben Sinclair