HomeMy WebLinkAbout2021-08-02-Resolution 2021-335_Satisfaction of Development Agreement, NE Venture DrTHE CITY OF WAUKEE, IOWA
RESOLUTION 2021-335
APPROVING SATISFACTION OF DEVELOPMENT AGREEMENT FOR PUBLIC
IMPROVEMENTS — NE VENTURE DRIVE
IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA
WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized
Municipal Organization; AND,
WHEREAS, LBB Development, LLC, Philip E. Broderick, LLC and Charlotte Broderick,
LLC. entered into a Development Agreement, filed May 13, 2008 and recorded in Book 2008
Page 6694 in the office of the Recorder of Dallas County, Iowa related to obligations
associated with the extension and construction of NE Venture Drive (the "Agreement");
AND,
WHEREAS, the obligations associated with the Agreement and the public improvements for
NE Venture Drive were accepted by the City of Waukee on October 5, 2020 (Resolution
2020-374)
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa
that the terms of the Agreement have been satisfied by all parties and the City releases LBB
Development, LLC, Philip E. Broderick, LLC and Charlotte Broderick, LLC and their
successors and assigns, from all obligations under said Agreement.
Passed by the City Council of the City of Waukee, Iowa, and approved this the 2°d day of
August 2021.
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Courtney Clarke, Mayor
Attest: wjut,a-Hjac�
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Anna Bergman Pierce X
R. Charles Bottenberg X
Chris Crone X
Larry R. Lyon X
Ben Sinclair X