Loading...
HomeMy WebLinkAbout2020-05-18-I11 Residential Purchase Agreement_1230 S Warrior Ln AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: May 18, 2020 AGENDA ITEM: Consideration of approval of a resolution approving Offer to Purchase Real Estate for certain property located in the City of Waukee (1230 S Warrior Lane) FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: City Staff has negotiated a purchase agreement for the approximately 13 acre property located at 1230 S Warrior Lane. The property purchase will allow for the eventual extension of University Avenue from Warrior Lane to 6th Street as well as an expansion of Centennial Park FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $1,500,000 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: . The City Attorney has prepared the purchase agreement and it has been signed by the property owners and is attached for your review. RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution II. Proposed Purchase Agreement) PREPARED BY: Brad Deets, Development Services Director REVIEWED BY: I11 THE CITY OF WAUKEE, IOWA RESOLUTION 2020- RESOLUTION APPROVING RESIDENTIAL PURCHASE AGREEMENT FOR CERTAIN PROPERTY LOCATED IN THE CITY OF WAUKEE 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 organized Municipal Organization; AND WHEREAS, the City desires to enter into an Residential Purchase Agreement (hereinafter referred to as the “Agreement”) and said Agreement has been accepted by the Seller, Kurt Schade and Jana Schade, for certain property locally known as 1230 S Warrior Lane, Waukee, Iowa; AND WHEREAS, the City Council of the City of Waukee deems it to be in the best interest of the City to purchase the property; AND WHEREAS, the proposed Agreement between Kurt Schade and Jana Schade and the City of Waukee is attached as Exhibit “A.” NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waukee that the Residential Purchase Agreement attached hereto as Exhibit A is approved. BE IT FURTHER RESOLVED that City Staff is directed to proceed in accordance with the Agreement. Upon the determination of the City Attorney that the conditions of the offer have been satisfied and title delivered staff is authorized and directed to proceed with closing. Passed by the City Council of the City of Waukee, Iowa, and approved the 18th day of May, 2020. ____________________________ 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