HomeMy WebLinkAbout2016-09-19-I01 Sale of Property to Hubbell Realty - Resolution AGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: September 19, 2016
AGENDA ITEM: Consideration of approval of a resolution approving Purchase Agreement
between the City of Waukee, Iowa and Hubbell Realty Company.
FORMAT: Resolution
SYNOPSIS INCLUDING PRO & CON:
Staff would recommend approval of the sale of the property currently owned by the City of
Waukee south of Westown Parkway to Hubbell Realty Company in the amount of $340,000
which equates to approximately $34,000 per acre.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Approve the Resolution.
ATTACHMENTS: I. Proposed Resolution
PREPARED BY: Brad Deets
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION:
DATE OF PUBLICATION:
THE CITY OF WAUKEE, IOWA
RESOLUTION 16-
APPROVING A PROPOSAL TO DISPOSE OF THE CITY OF WAUKEE’S INTEREST
IN REAL PROPERTY
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City owns property legally described as:
Parcel “AA” of Government Lot 15 in Section 5, Township 78 North, Range 26 West of the 5th
P.M., Dallas County, Iowa, as shown on the Plat of Survey, dated May 31, 2012 and filed in the
Office of the Recorder for Dallas County, Iowa on May 31, 2012 in Book 2012 at Page 9051,
together with any easements and servient estates appurtenant thereto and subject to all
easements, covenants and restrictions of record; AND
WHEREAS, Hubbell Realty Company has approached the City and offered to purchase the
property in the amount of $340,000.00 pursuant to an offer to purchase attached hereto and
incorporated herein by this reference; AND,
WHEREAS, a notice of public hearing was published as required by Iowa Code Chapter 364.7
and a public hearing was held concerning the offer on September 19, 2016, as set forth in the
published notice; AND,
WHEREAS, the property being disposed of is not being utilized by the City and the offer is
consistent with the fair market value of the property.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa,
after a public hearing held on September 19, 2016, to consider the disposal of the property
described above, the offer to purchase submitted by Hubbell Realty Company, with a purchase
price of $340,000.00, attached hereto and incorporated herein by this reference, is hereby
approved.
BE IT FURTHER RESOLVED that the Mayor is authorized to execute any and all documents
to effectuate the transaction and convey the property on behalf of the City.
Passed by the City Council of the City of Waukee, Iowa, and approved this the 19th day of
September, 2016.
____________________________
William F. Peard, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
ROLL CALL VOTE AYE NAY ABSENT ABSTAIN
Anna Bergman
Brian Harrison
Shelly Hughes
Larry R. Lyon
Rick Peterson