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HomeMy WebLinkAbout2020-03-02-Resolution 2020-080_Development Agreement, Broderick LLC-Waukee Commons LCTHE CITY OF WAUKEE, IOWA RESOLUTION 2020-080 DEVELOPMENT AGREEMENT BETWEEN CITY OF WAUKEE AND PHILIP E BRODERICK, LLC, CHARLOTTE R. BRODERICK, LLC AND WAUKEE COMMONS, LC [COMMONS AT GREENWAY PARK PLAT 11 IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas County; AND, WHEREAS, Waukee Commons, L.C. on behalf of Philip E. Broderick LLC and Charlotte R. Broderick, LLC, (collectively "Developer") has submitted construction drawings and a final plat for Commons at Greenway Park Plat 1; AND, WHEREAS, the improvements for Commons at Greenway Park Plat 1 include the extension of NW Venture Drive including the construction of a box culvert to accommodate storm water conveyance of the development as well as other parts of the City; AND, WHEREAS, in order to address the increased financial burden associated with the box culvert construction, the parties have reached an agreement in order to incentivize the Developer to commence and complete the improvements to NW Venture Drive. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 2"d day of March, 2020, that it hereby approves the Development Agreement between the City of Waukee and Philip E. Broderick, LLC, Charlotte R. Broderick, LLC and Waukee Commons, LC [Commons at Greenway Park Plat 1]. Attest: Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE Anna Bergman X R. Charles Bottenberg X Chris Crone X Larry R. Lyon X Ben Sinclair X Cour ney Clarke, Mayor NAY ABSENT ABSTAIN