HomeMy WebLinkAbout2004-08-02-Resolutions 04-181_Sugar Creek Trunk Sewer - Development Agr - Hubbell RealtyTHE CITY OF WAUKEE,IOWA
RESOLUTION 04-181
APPROVING DEVELOPMENT AGREEMENT WITH HUBBELL REALTY
COMPANY WITH RESPECT TO CONSTRUCTION OF THE SUGAR CREEK TRUNK
SEWER AND PUMPING STATION
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE,IOWA
WHEREAS,Hubbell Realty Co.(Hubbell)plans to purchase property containing approximately
290.22 acres;AND,
WHEREAS,Hubbell and the City ofWaulcee have agreed that of this 290.22 acres,
approximately 130 acres will be included in the University Avenue Sanitary Sewer Connection
Fee District and will be subject to the University Avenue Connection fee;AND,
WHEREAS,for the remaining 160.22 acres,Hubbell and the City of Waukee have agreed to a
development agreement facilitating the construction of the Sugar Creelc Trunk Sewer and
Pumping Station containing the following covenants,but not all of the covenants,summarily
described:
1.The City agrees to construct Sugar Creek Trunlc Sewer and Pumping Station;
2.The City agrees to provide sanitary sewer facilities and service for 160.22
acres through the Sugar Creek Trunk Sewer and Pumping Station;
3.The City agrees that a payment of$294,000 by Hubbell Realty;that a
perpetual easement provided by Hubbell for this Trunk Sewer;and that
conveyance of property for the Pumping Station by warranty deed to the City
shall represent the total financial contribution of Hubbell to the City ofWaulcee
for this proj ect,which includes the City providing reserved sanitary sewer
capacity sufficient to serve development ofI-Iubbell's Glynn Village.
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NOW THEREFORE BE IT RESOL YED by the City ofWaulcee City Council in session this
2nd day of August 2004 that it hereby approves the Development Agreement with Hubbell
Realty Company with respect to construction of the Sugar Creek Trunk Sewer and Pumping
Station.
Attest:
ty Administrator/Cleric
ROLLCALL E AYE NAY
Nicholas C.Gruber X
Donald L.Bailey,Jr.X
Bill Peard X
JeffV.Mertz X
Darlene Stanton X
ABSENT I