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HomeMy WebLinkAbout2016-05-16-J16 Development Agreement - Jerry's Homes MEE AGEN FORM SYNO FISC COM STAF RECO ETING DATE NDA ITEM: MAT: OPSIS INCL CAL IMPACT MMISSION/B FF REVIEW OMMENDA CITY COU E: May 16 : Consid Agreem Constru Resolut LUDING PRO NE Bos where i for the centerli the stre MidAm Upon r in 2001 howeve street th MidAm propert as well The pro respons MidAm The pro develop MidAm T INCLUDIN amount Additio BOARD/COM W AND COM agreem ATION: App CITY OF W UNCIL MEE 6, 2016 deration of app ment with Jerr uction tion O & CON: A ston Parkway it terminates t extension of ine will be th eet will be loc merican substa review of the p 1, right of way er, there were hat falls on th merican for th ty. The exten as no additio oposed develo sible for the c merican prope oject will be c pment with th merican portio NG COST/B t has previous onal Lanes lin MMITTEE C MMENT: Sta ment. prove the reso WAUKEE, ETING CO proval of a re ry’s Homes re As a compon y will be exten today to NE A Boston Parkw e south prope cated on the p ation. plans approve y was contem e no agreemen he MidAmeric he necessary r nsion of the st onal access to opment agree costs of half o erty. constructed by he City reimb on of the proje BENEFIT AN sly been budg ne item within COMMENT aff would rec olution. AGE IOWA OMMUNICA esolution appr egarding NE nent of the Ali nded across th Alice’s Road way in the Cit erty line of the property to the ed for the Mi mplated for thi nts or bond co can property. right of way a treet provides their site. ement stipulat of the street th y Jerry’s Hom ursing the de ect. NALYSIS: geted for with n the Capital T: ommend app ENDA ITEM: ATION roving Develo Boston Parkw ice Patricia H he south prop to align with ty of Clive. T e property me e south which idAmerican su is future stree ollected to pa Staff has co and easements s no value to M tes that the Ci hat falls along mes as a part eveloper for th $219,104. hin our Devel Improvement proval of the d oper’s way Homes project perty line from future plans The street eaning half of h is the ubstation bac et extension, ay for half of t ordinated wit s for the MidAmerican ity will be g the of their he .00. The oper ts Plan. development t, m f ck th th n ATTACHMENTS: I. Proposed Resolution II. Development Agreement PREPARED BY: Brad Deets, Development Services Director REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION:   THE CITY OF WAUKEE, IOWA RESOLUTION 16- DEVELOPMENT AGREEMENT WITH JERRY’S HOMES, INC. REGARDING NE BOSTON PARKWAY CONSTRUCTION IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas County; AND, WHEREAS, Jerry’s Homes, Inc. has submitted a final plat for Alice Patricia Homes for the development of a multi-family complex; AND, WHEREAS, the development will include the construction of NE Boston Parkway along the southern boundary of the plat which will be split on the shared property line with a property currently owned by MidAmerican Energy; AND, WHEREAS, an agreement has been proposed which identifies the responsibilities and obligations of Jerry’s Homes with the remaining costs being paid for by the City of Waukee. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 16th day of May, 2016, that it hereby approves the Development Agreement between the City of Waukee and Jerry’s Homes Inc. regarding the construction of NE Boston Parkway. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Shane Blanchard Brian Harrison Shelly Hughes Larry R. Lyon Rick Peterson