HomeMy WebLinkAbout2019-01-21-Resolutions 19-028_Apple Inc - Public Improvement Agr Amendment 1THE CITY OF WAUKEE,IOWA
RESOLUTION 19-028
APPROVING PUBLIC IMPROVEMENT FUND (PIF)AGREEMENT
AMENDMENT NO.1 [PROJECT MORGAN]
IN THE NAME AND BY THEAUTHORITYOF THE CITY OF WAUKEE,IOP'A
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 (Resolution ¹17-411);AND,
WHEREAS,pursuant to the terms of the PIF Agreement,the Developer agrees to contribute $500,000
per Data Center Building constructed on the Development Property each year until certain maximum
contributions to the Public Improvement Fund are made,and the City agrees to utilize the Fund to
advance the completion of improvements for the benefit of the community as set forth in the PIF
Agreement;AND,
WHEREAS,Amendment No.I to the PIF Agreement is proposed so that the first payment of
$500,000 will be made January 2019 following the issuance of grading approval for all or part of the
development property;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 Public Improvement Fund Agreement Amendment No.I [Project Morgan].
Passed by the City Council of the City of Waukee,Iowa,and approved the 21"day of January,2019.
illiam .P rd,ayor
Attest;
Rebecca D.Schuett,City Clerk
RESULTS OF VOTE:
Anna Bergman
R.Charles Bottenberg
Courtney Clarke
Shelly Hughes
Larry R.Lyon
AYE
X
X
X
X
NAY ABSENT ABSTAIN