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HomeMy WebLinkAbout2018-10-15-K19 945 Laurel Street Purchase Agreement AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: October 15, 2018 AGENDA ITEM: Consideration of approval of a resolution approving Residential Purchase Agreement [945 Laurel Street] FORMAT: Ordinance SYNOPSIS INCLUDING PRO & CON: The property located at 945 Laurel Street is located adjacent to the extension of 10th Street that is currently under construction as well as backs up to Ashworth Drive where it intersects 10th Street. Long term, 10th Street is anticipated to be a four lane divided roadway. At such time as the roadway is widened, portion of the property will need to be acquired for the widening. Additionally, it is anticipated at some point in the future, Ashworth Drive will need to be rerouted due to the way it currently intersects 10th Street and Hickman Road. 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: $170,000 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Staff would recommend approval of the proposed resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY: Brad Deets, Development Services Director REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: K19 THE CITY OF WAUKEE, IOWA RESOLUTION 18- 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, Kadie Schuler, for certain property locally known as 945 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 Kadie Schuler 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 15th day of October, 2018. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Charlie Bottenberg Shelly Hughes Larry R. Lyon Anna Bergman Courtney Clarke