HomeMy WebLinkAbout2021-04-05-J08 Fox Valley_Development Agreement AGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: April 5, 2021
AGENDA ITEM: Consideration of approval of a resolution approving a Development
Agreement with Fox Valley Development, LLC (Fox Valley)
FORMAT: Resolution
SYNOPSIS INCLUDING PRO & CON: The City Council has recently approved the rezoning
for Fox Valley which is a 57 acre single family residential subdivision
located north of the Ashley Acres development currently under
construction on the west side of Warrior Lane. In order to develop the
property, certain public utilities including a sanitary trunk sewer need to
be extended along the southern boundary of the property.
Staff has prepared a development agreement, which defines the
obligations of both the City and developer related to the development of
the property. The agreement includes provisions related to utilities, road
improvements and parkland dedication among other things. Per the
agreement, the City would be obligated to extend sanitary sewer to serve
the site by December 31, 2021 and complete an asphalt overlay along
Warrior Lane by November 30, 2021. In exchange, the developer agrees
to final plat a minimum of 50 residential lots by June 30, 2022. The
sanitary sewer and asphalt projects have been programmed in and
budgeted for in 2021.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT: Staff would recommend approval of the development
agreement.
RECOMMENDATION: Approve the resolution
ATTACHMENTS: I. Proposed Resolution
II. Development Agreement
PREPARED BY: Brad Deets, Development Services Director
REVIEWED BY:
J8
THE CITY OF WAUKEE, IOWA
RESOLUTION 2021-
APPROVING DEVELOPER’S AGREEMENT FOR FOX VALLEY
[FOX VALLEY DEVELOPMENT, LLC]
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organiz ed Municipal
Organization; AND,
WHEREAS, the City Council has previously approved the rezoning of a property to be known as Fox
Valley (Ordinance 2985) located west of Warrior Lane and north of Hickman Road; AND,
WHEREAS, the City has been in discussion with the developer, Fox Valley Development, LLC,
regarding certain obligations of both the City and the developer related to public improvements and
requirements of the subdivision; AND,
WHEREAS, the discussions have resulted in a development agreement that the City Staff believes are in
the best interest of the City to approve.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa, that the
Developer’s Agreement with Fox Valley Development, LLC is hereby approved.
BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all documents to
effectuate the development agreement, and that the City Clerk shall cause the originals of the agreement
to be recorded upon the properties by submitting the original to the Dallas County Recorder with the
appropriate recording fees.
Passed by the City Council of the City of Waukee, Iowa, and approved this the 5th day of April,
2021.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Anna Bergman
R. Charles Bottenberg
Chris Crone
Larry R. Lyon
Ben Sinclair