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HomeMy WebLinkAbout2021-11-01-Resolution 2021-467_Partial Release and Satisfaction of Development Agreement, Tallgrass LnTHE CITY OF WAUKEE, IOWA RESOLUTION 2021-467 APPROVING A PARTIAL RELEASE AND SATISFACTION FOR DEVELOPMENT AGREEMENT — ARAC, LLC AND CHARLES SANFORD SWALLOW AND TERRY IRENE SWALLOW TRUST 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, ARAC LLC, and Charles Sanford Swallow and Terry Irene Swallow Trust dated 10-22-98, (collectively "Property Owners") entered into a Development Agreement ("Agreement") with the City of Waukee, dated January 6, 2017 and recorded on January 11, 2017 in Book 2017 Page 671, Dallas County, Iowa regarding development of Tallgrass Lane. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa that the terms of the Agreement have been partially satisfied and the City releases the Property Owners and their successors and assigns, from all obligations under said Developers Agreement as it pertains to Government Lot 15 Except Parcel "CC" as shown in survey in Book 2013, Page 20096, and Except land deeded to the City of Waukee in Book 2013, Page 10381, Book 2013, 10382, Book 2013, Page 10383 and Book 2013, Book 10385, Book 2017, Page 677, and Book 2017, Page 679, all in Section 4, Township 78 North, Range 26 West of the 51h P.M., City of Waukee, Dallas County, Iowa Passed by the City Council of the City of Waukee, Iowa, and approved this the 1st day of November 2021. Courtney Clarke, Mayor A est: 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