HomeMy WebLinkAbout2016-08-15-Resolutions 16-369_Westown Pkwy Improvements - Development Agr - HubbellTHE CITY OF WAUKEE,IOWA
RESOLUTION 16-369
DEVELOPMENT AGREEMENT BETWEEN CITY OF WAUKEE AND
HUBBELL METROPOLITAN DEVELOPMENT FUND I,LLC (SERIES E)AND
HUBBELL REALTY COMPANY [WESTOWN PARKWAY IMPROVEMENTS]
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF 8'A UKEE,IOIYA
WHEREAS,the City of Waukee,Iowa is a duly organized municipality within Dallas
County;AND,
WHEREAS,Hubbell Metropolitan Development Fund I,LLC (Series E)(HMDF I-
SERIES E)has submitted a final plat for Glynn Village Plat 10;AND,
WHEREAS,the improvements for Glynn Village Plat 10 include paving associated with
Westown Parkway (312"Place)which include significant grading and drainage
improvements not typically required of a developer;AND,
WHEREAS,a Development Agreement has been proposed which lay out the
responsibilities of HMDF I-SERIES E and the City regarding responsibilities associated
with the paving of Westown Parkway (312'"Place).
NOW THEREFORE BK IT RESOLVED by the City of Waukee City Council in
session this 15 day of August,2016,that it hereby approves the Development
Agreement between the City of Waukee and Hubbell Metropolitan Development Fund I,
LLC (Series E)and Hubbell Realty Company regarding Westown Parkway
Improvements.
Attest:
illiam .Peard,ayo
Rebecca D.Schuett,City Clerk
ROLL CALL VOTE
Anna Bergman
Brian Harrison
Shelly Hughes
Larry R.Lyon
Rick Peterson
AYK
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NAY ABSENT ABSTAIN