HomeMy WebLinkAbout2021-09-07-Resolution 2021-383_Partial Assignment of Obligations Under Supplemental Developer's Agreement, Temple Holdings LP, Courtyards at Park Side LLCTHE CITY OF WAUKEE, IOWA
RESOLUTION 2021-383
APPROVING PARTIAL ASSIGNMENT OF OBLIGATIONS UNDER
SUPPLEMENTAL DEVELOPER'S AGREEMENT [TEMPLE HOLDINGS, LP;
COURTYARDS AT PARK SIDE, LLC]
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, on May 20, 2019, the Waukee City Council approved a Developer's Agreement, Warranty
Deed and Easements with Temple Holdings, LP, related to the construction of the NW Douglas Parkway
Extension Project (Resolution #19-187); AND,
WHEREAS, on September 21, 2020, the Waukee City Council approved a Supplemental Developer's
Agreement with Temple Holdings, LP, in order to provide for the mechanisms and procedures to facilitate
the completion and repayment of Temple Holdings, LP, obligations of the original agreement through the
undertaking of certain work as part of the City's project (Resolution #2020-354); AND,
WHEREAS, Courtyards at Park Side, LLC, has purchased a portion of the Temple Holdings, LP,
property and have agreed to accept a portion of the obligations arising under the Supplemental
Developer's Agreement.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa, that the
Partial Assignment of Obligations Under Supplemental Developer's Agreement between the City of
Waukee; Temple Holdings, LP; and Courtyards at Park Side, LLC is hereby ap�d.
Passed by the City Council of the City of Waukee, Iowa, and��PZ
proyezi this the 7'" day of
September, 2021.
R. Charjpg�ottenberg, Mayor Pro Tern
Attest:
1�, lj dA�
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