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HomeMy WebLinkAbout2014-02-03-Resolutions 14-038_Crossing at Alice's Rd P2 - Partial Release of Development AgrTHE CITY OF WAUKEE,IOWA RESOLUTION 14-038 APPROVING PARTIAL RELEASE OF PROPERTY ENCUMBERED BY AGREEMENT TO COMPLETE PUBLIC IMPROVEMENTS -THE CROSSING AT ALICE'S ROAD PLAT 2 BETWEEN THE CITY OF WAUKEE AND ALICES,L.C. IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE,IOWA WHEREAS,on July 1,2008,the City of Waukee ("City"),and Alices,L.c.(the "Developer")entered into an Agreement to Complete Public Improvements -The Crossing at Alice's Road Plat 2 ("Agreement")whereby the City required the Developer to bring all streets to a grade acceptable to the City,and to install all sidewalks,paving, sewers,water,gas and electric utilities before said plat was approved,all as further described in the Agreement recorded in the Office of the Recorder,Dallas County,Iowa as Document 9606 in Book 2008 Page 9606. WHEREAS,the agreement was recorded on large portion of property that was described by metes and bounds which is more particularly described in the Agreement,which has now been platted and Developer requests that a portion of the property be released from the agreement to allow for its sale. For valuable consideration,receipt of which is hereby acknowledged,the undersigned CITY OF WAUKEE,IOWA ("City"),does hereby release and discharge the real estate legally described as: Lot 1,in Prairie Crossing Plat 1,an Official Plat,now included in and forming a part of the City of Waukee,Dallas County,Iowa from all covenants,connnitments and obligations of the parties related to the Agreement, which is recorded in the Dallas County Recorder's Office as stated above,and that all obligations created therein are hereby paid off,released satisfied and discharged. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 3"d day of'February,2014,that it hereby approves of the partial release of property encumbered by agreement. .Harvey,Pre .ing Officer Attest: Rebecca D.Schuett,City Clerk ROLL CALL VOTE Shane Blanchard Brian Harrison Casey L.Harvey Shelly Hughes Rick Peterson AYE NAY x X X ABSENT X X ABSTAIN