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HomeMy WebLinkAbout2025-09-02 I06B Jerry's Homes Inc_Development Agreement AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: September 2, 2025 AGENDA ITEM: Consideration of approval of a resolution approving a Development Agreement with Jerry’s Homes, Inc. (The South 60) FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: The South 60 is a proposed development located east of NW 20th Street and north of Hickman Road. The developer, Jerry’s Homes, Inc., proposes to improve the property primarily for single- family residential, townhomes, and multi-family residential. As part of the improvements associated with the new Public Safety Building located directly to the north of the proposed development, the City undertook permanent and temporary improvements along NW 20th Street that the developer would have been responsible to complete if the City did not undertake those improvements. The City Attorney has prepared a development agreement, which defines future costs associated with future permanent improvements along NW 20th Street that will be completed in the future by the City when improvements and/or widening of NW 20th Street are necessary. As part of the agreement, Jerry’s Homes, Inc., will pay the City on a per acre basis at the time of final plat for each phase of the development. The City will hold those funds until such a time that the future project is constructed and apply them to the project cost. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Staff would recommend approval of the development agreement. RECOMMENDATION: Approve the resolution ATTACHMENTS: I. Proposed Resolution II. Development Agreement PREPARED BY: Andy Kass, Community Development Director REVIEWED BY: I6B THE CITY OF WAUKEE, IOWA RESOLUTION 2025- APPROVING DEVELOPER’S AGREEMENT FOR THE SOUTH 60 [JERRY’S HOMES, 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, the City Council has previously approved the rezoning of a property to be known as The South 60 (Ordinance 3053) located east of NW 20th Street and north of Hickman Road; AND, WHEREAS, the City has been in discussion with the developer, Jerry’s Homes, Inc., regarding certain obligations of both the City and the developer related to public improvements and requirements of the subdivision; AND, WHEREAS, the discussions have resulted in a development agreement that the City Staff believes are in the best interest of the City to approve. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa, that the Developer’s Agreement with Jerry’s Homes, Inc., is hereby approved. BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all documents to effectuate the development agreement, and that the City Clerk shall cause the originals of the agreement to be recorded upon the properties by submitting the original to the Dallas County Recorder with the appropriate recording fees. Passed by the City Council of the City of Waukee, Iowa, and approved this the 2nd day of September, 2025. ____________________________ 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