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HomeMy WebLinkAbout2026-05-18 I01J_02_c Purchase Agreement, Easements_10th St Extension_Signal Holdings LLCAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: May 18, 2026 AGENDA ITEM:Consideration of approval of a resolution approving Purchase Agreement and Easements between Signal Holdings, LLC, and City of Waukee [10th Street Extension Project] FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: Approval of the Purchase Agreement and Easements are necessary for the 10th Street Extension Project. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Public Utility Easement $1.00 Purchase Agreement $727,740.00 Temporary Construction Easement $1.00 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Public Utility Easement II. Purchase Agreement III. Temporary Construction Easement PREPARED BY: Lisa Bauman REVIEWED BY: Rudy Koester RK I1J2c THE CITY OF WAUKEE, IOWA RESOLUTION 2026- APPROVING PURCHASE AGREEMENT AND EASEMENTS BETWEEN SIGNAL HOLDINGS, LLC, AND THE CITY OF WAUKEE [10TH STREET EXTENSION PROJECT] 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 been in discussions with specific property owners regarding the conveyance of certain property interests necessary for the 10th Street Extension Project; AND, WHEREAS, the discussions have resulted in agreement and easement that the City Staff believes are in the best interest of the City to approve; AND, NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa, that the Purchase Agreement and Easements between Signal Holdings, LLC, and City of Waukee [10th Street Extension Project] are hereby approved. BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all documents to effectuate approval on behalf of the City, and that the City Clerk shall cause the originals of the Easement 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 18th day of May, 2026. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Kala Anderson Chris Crone Rob Grove Lori Lyon Anna Bergman Pierce