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HomeMy WebLinkAbout2020-01-06-Resolution 2020-009_Public Improvement Fund Agreement Amendment 2, Apple IncTHE CITY OF WAUKEE, IOWA RESOLUTION 2020-009 APPROVING SECOND AMENDED PUBLIC IMPROVEMENT AGREEMENT AND FUND [APPLE, INC.] IN THE NAME AND BY THE A UTHORITY 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 August 24, 2017, the Waukee City Council approved a Public Improvement Agreement and Fund ("PIF Agreement') by and between the City of Waukee and the developer of Project Morgan/Apple, Inc. (Resolution 417-411); AND, WHEREAS, on January 21, 2019, the Waukee City Council approved a First Amendment to the PIF Agreement (Resolution 919-028); AND, WHEREAS, Apple, Inc., proposes a Second Amended PIF Agreement which will have Apple making a payment to the PIF on January 31, 2020, and an additional payment on January 31, 2021, with the rest of the PIF agreement remaining unchanged; AND, WHEREAS, the City Attorney and Developer have reviewed the agreement amendment and agree to its terms. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council that it hereby approves the Second Amended Public Improvement Agreement and Fund [Apple, Inc.]. Passed by the City Council of the City of Waukee, Iowa, and approved the 61h day of January, 2020. Attest: Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE Anna Bergman % R. Charles Bottenberg % Chris Crone X Larry R. Lyon X VACANT SEAT Courtney Cla e, Mayor NAY ABSENT ABSTAIN