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HomeMy WebLinkAbout2014-10-24-Resolutions 14-304_Bluestem P1-2 - Parkland Dedication AgrTHE CITY OF WAUIME,IOWA RESOLUTION 14-304 APPROVING PARI&AND DEDICATION AGRKKMKNT BY AND BETWEEN THK CITY OF WAUKKK,IOWA,AND DILIGENT STONE PRAIRIE,LLC IN THE NAME AND BYTHE AUTHOMTY OF THE CITY OF 8'A USE,IOS'A WHEREAS,the City of Waukee,Dallas County,State of Iowa,is a duly organized Municipal Organization;AND, WHEREAS,a Parkland Dedication Agreement,attached hereto as Exhibit A,is proposed related to parkland dedication requirements for Bluestem Plats 1 and 2,known in the agreement as the Bluestem Development;AND WHEREAS,attorneys for both parties have reviewed the agreement and find it satisfactory. NOW,THEREFORE,BK IT RESOLVED by the City Council of the City of Waukee,Iowa on this 24'"day of October,2014,that the Parkland Dedication Agreement by and between the City of Waukee,Iowa,and Diligent Stone Prairie,LLC,is approved. illiai .Peard,Mayor Attest: Rebecca D.Schuett,City Clerk ROLL CALL VOTE Shane Blanchard Brian Harrison Casey L,Harvey Shelly Hughes Rick Peterson AYE X X X X NAY ABSENT ABSTAIN X Document 15158 Tt&pa AG&tt&T PaGee 7 Date ttr'88''2814 Time 18&81 AR Rec Amt 837.88 RTG PCRF BKRF- ODDD/C-Chad Airharti Reccrder Dallae CcuntW IOWA Illllllllllllilllllllllllllllllllll IIHIIIIIIIIBIIIIIIIIII1IIIII1IIIIIIIl111IIIItIIII1IIIIII1II1NILIIIIIIIIIIIIIIIIIIIILILIIIHI Book 2014 Page 1515S' PARIMAND DE&DICATION AGREE&MENT City of yankee,IA;Diligent Stone Prairie,LLC Recorder's Cover Sheet Preparer Information (name,address and phone number): Steve Brick Brick Gentry Law 6701 Westown Pkwy.,Ste.100 West Des Moines,IA 50266 Phone:(515)274-1450 Bill/Return Document to (name and complete address): Rebecca D.Schuett City of Waukee 230 W.Hicklnan Rd. Waukee,IA 50263 Phone:(515)987-4522 Legal Description:SEE EXHIBITS Document or Instrument Number of Previously Recorded Documents: Book 2814 Page 151581of7 PA RKI AND DEDICATION AGREEMENT Tlris Parldand Dedication Agreement ("Agreement")is made and entered into by and between the City of Waukee,Iowa,a municipal corporation duly formed and existing pursuant to the laws of the State of Iowa ("City"),and Diligent Stone Prairie,LLC,a limited liability company duly formed and existing pursuant to the laws of the State of Iowa ("Property Owner"). WITNESSETH: WHEREAS,Property Owner is the owner of real estate consisting of approximately 2.497 acres legally described on Exlribit A located within the city lnnits of the City of Waukee, Dallas County,Iowa and adjacent to an existing park owned by the City (the "Parkland");and WHEREAS,Diligent BSP Holdings,LLC,a limited liability company duly formed and existing pursuant to the laws of the State of Iowa ("Diligent BSP"),is in the process of developing and platting certain real estate located within the city limits of the City of Waukee, Dallas County,Iowa for the development of residential single family subdivisions referenced as Bluestem Plat 1 and 2 (the "Bluestem Development");and WHEREAS,pursuant to the parkland dedication ordinance,Diligent BSP is required to dedicate unto the City approximately 1.224 acres of parkland,although the exact amount of acreage cannot be deterinined until such time as final plat submission;and WHEREAS,Property Owner proposes to dedicate a portion of the Parkland to the City on behalf of Diligent BPS in satisfaction of the parkland dedication requirements for the Bluestem Development;and ViTFKREAS,Property Owner proposes to dedicate the reniainder of the Parkland to the City from time to time in satisfaction of parkland dedication requirements for other developments within in.the City as more particularly provided in this Agreement. NOW,THEREFORE,in consideration of the mutual promises and agreements set forth herein,the sufficiency of which is hereby acknowledged by the parties„the Property Owner and the City agree as follows: 1.Parkland Dedication.Property Owner shall convey unto the City the Parkland Bee and clear of any liens or encumbrances within twenty (20)days of the execution of this Agreement.Property Owner shall prepare,execute and deliver a warranty deed,groundwater hazard statement and declaration of value and give to the City for review and approval.The City shall not be responsible for any costs or payment to any party in connection with the dedication and conveyance of the Parkland hereunder. 2.Parldand Dedication Re uirements.For a full build-out of the Bluestem Development,which is presently anticipated to consist of sixty-eight (68)single family lots,a parkland dedication requirement of 1.224 acres is presently required.The parties recognize that Bluestem Plat 2 has not been approved by the City and the parkland dedication requirements for Book 28|4 Page ]5]592of7 a full build-out of the requirements may change.The formula for crediting future parkland dedication shall be as follows: a.2.497 acres received by the City; b.Less 0.235 acres yrovided in satisfaction of paragrayh 3 of the Stone Prairie Development Agreement executed on or about July 12,2010 between the City of Waukee and Proyerty Owner,successor in interest to Aines Community Bank; and c.Less 1.224 acres or the fnml parkland dedication requireinenfs for the Bluestem Development full build-out. d.The balance of the Parkland remaining after apylication of the foiTnula set forth above may be used by Property Owner,or any affiliate or assignee of Propeity Owner,as a credit for parkland dedication requirements relating to other development projects within the City,subject to the City's consent given the size, scope,location,feasibility and characteiistics of such proposed development,in the City's reasonable discretion. 3.Warrant of Title.Property Owner hereby warrants to the City that Propeity Owner is the owner of the Parkland to be conveyed and dedicated to the City under paragrayh 1 of this Agreement,and covenants to defend Property Owner's title to the Parkland for the purpose of this Agreement. 4.Bindin Obli ation.Each party warrants and represents that the Agreement constitutes a legal,valid and binding obligation and is enforceable in accordance with its terms. 5.Entire A cement.This Agreement constitutes the sole,only,entire,and comylete Agreement of the parties in regard to the subject of this Agreement.The recitals set forth above and the exhibits hereto are incorporated herein.No statements,pronuses or representations have been made by any party to another,or are relied upon,and rio consideration has been or is offered,promised,expected or held out,other than that constituted by this Agreement,unless contained in a separate writing,sign.ed by the obligating parties.No conditions precedent to the effectiveness of this Agreement exist,other than as may be expressly provided herein.All prior discussions and negotiations have been and are merged and integrated into,and are superseded by,this Agreement. 6.Ainendinent and Waiver.The Agreement may only be modified in.writing signed by the paries hereto.No conduct or inaction on the part of the parties shall be construed as a waiver or relinquislnnent of any rights of the parties pursuant to the Agreement.No waiver of any breach of any term or yrovision of the Agreement shall be construed to be,or shall be,a. waiver of any other breach of the Agreement.No waiver shall be binding unless in writing and signed by the party waiving the breach. Book 28'l4 Page 151593of7 7.Le al Re resentation.In the execution of this Agreement,and the negotiations leading thereto,each party was represented by counsel of its own selection.Prior to the execution of this Agreement by each pity,the party's attorney received this Agreement and advised the paly with respect to the advisability of making the agreements provided herein and of executing this Agreement,Counsel for the paries have participated in the preparation of this Agreement.This Agreement was subject to revision and modification by all parties and has been accepted and approved as to its final form by counsel for all parties in consultation with their respective clients.Accordingly,any ambiguity existing in this Agreemeut shall not be interpreted against any party as a result of the manner of the preparation of this Agreement. 8.Waiver of Unenforceabilit .To the extent permitted by law,the pazties hereby waive any provision of law that renders any provision hereof prohibited or unenforceable in any respect. 9.Law and Jurisdiction.This Agreement shall be governed by Iowa law.In relation to any legal action or proceeding a6sing out of or in connection with this Agreement,each of the parties irrevocably submits to the non-exclusive jurisdiction of the Iowa Distinct Cont in and for Dallas County,Iowa,and other couzts with jurisdiction to hear appeals from such couit, [Sign atzzre pages on following pagesj' Book 2814 Page 15159 4of 7 CITY OF WAUKKK,IOWA By: Willi F.P ea,ayor By: Rebecca D.Schuett,City Clerk Date:6 ~89,2014 COUNTY OF DALLAS ) )ss. ) On this day of ,2014,before me,the undersigned,a Notary Public in an for the State o Iowa,personally appeared William F.P card and Rebecca D. Schuett,to me personally known,who,being by me duly swoiw,did say that they are the Mayor and City Clerk,respectively,of the City of Waukee,Iowa;that the seal affixed to the foregoing instmment is the corporate seal of the corporation,and that the instrument was signed and sealed on behalf of fhe corporation by authority of its City Council,and that Mayor and City Clerk,as such officers,acknowledge the execution of said instrument to be the voluntary act and deed of the City of Waukee,by them voluntaiily executed. Ng~ary obli in and for the State of Iowa My Commission expires 1 QQQk 2/1 4 page 1 51 59 5 oi 7 DILIGE&WT STONE&PRAIME&,LLC By: Steve Bi ere,anager Dated: STATE OF IO VfA ) )ss. COUNTY OF DALLAS ) ,"',BESECCA VAN LEEUNEMrCommlssiorlNumbert/8055 My Commission Expires April 18,2016 On this dny of ',,2014,before me,n Notary Public in and for said county,personally appearecl Steve Bruere,to me personally lcnown,who being by me duly (sworn or affirmed)did sny that he is the Manager of said limited liability company,that saicI instrument was signed on behalf of the said limited liability company;and,that said Steve Bruere,as such Manager,aclcnowledged fhe execution of said instrument to be the voluntary act and deed of said limited liability company,by it and by him voluntarily executed. Notary Public 'a for the State of Iowa My Commission expires Book 2814 Page 15159Bof7 EXHIBIT A LEGAL DESCRIPTION OF PARKLAND OUTLOT W OF STONE PRAIRIE PLAT I,AN OFFICIAL PLAT IN AND FORMING A PART OF THE CITY OF WAUKFE,DALLAS COUNTY,IOWA,EXCEPT STONE PRAIRIE PLAT 2 AND STONE PRAIRIE PLAT 3. Book 2814 Page 151 7 of 7