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HomeMy WebLinkAbout2019-06-17-J12 925 Laurel Street Purchase AgreementAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 17, 2019 AGENDA ITEM:Consideration of approval of a resolution approving Residential Purchase Agreement [925 Laurel Street] FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: The property located at 925 Laurel Street is located adjacent to the property that the City purchased late last year. Long term, this area is suited for redevelopment and with the widening of 10th Street in the future the area will require some reworking of Laurel Street to serve this redevelopment the staff felt it was wise to purchase this property. City staff completed an appraisal of the property and the existing property owner has agreed to sell the property to the City of Waukee at the appraised price. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $235,000 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Staff would recommend approval of the proposed resolution. ATTACHMENTS: I. Proposed Resolution II. Residential Purchase Agreement PREPARED BY:Dan Dutcher, Community and Economic Development Director REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: J12 THE CITY OF WAUKEE, IOWA RESOLUTION 19- 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, James P. Johansen and Melissa S. Johansen, for certain property locally known as 925 Laurel Street, 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 James P. Johansen and Melissa S. Johansen 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 17th day of June, 2019. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Anna Bergman R. Charles Bottenberg Courtney Clarke Shelly Hughes Larry R. Lyon