HomeMy WebLinkAbout2023-04-03 Resolution 2023-120_Affordable Housing Project, Development Agreement AmendmentTHE CITY OF WAUKEE, IOWA
RESOLUTION 2023-120
RESOLUTION AUTHORIZING AND EXECUTING AN AMENDMENT TO
DEVELOPMENT AGREEMENT WITH NORTHPOINTE DEVELOPMENT II
CORPORATION FOR AFFORDABLE HOUSING PROJECT
IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA
WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas County;
AND,
WHEREAS, the City of Waukee has chosen Northpointe Development II Corporation's
proposal to develop 64 affordable housing units on 6.44 acres of land near Douglas Parkway and
North Warrior Lane; AND,
WHEREAS, on March 6, 2023, the Waukee City Council approved as Development Agreement
with Northpointe Development II Corporation for the purpose of developing an affordable
housing project (Resolution #2023-093); AND,
WHEREAS, the City of Waukee and Northpointe Development II Corporation propose to
amend the agreement to include 60 total affordable units; 46 developed by Northpointe
Development II Corporation and 14 units by a separate third party developer; AND,
WHEREAS, the City has been in discussions with the developer, Northpointe Development II
Corporation, regarding certain obligations of both the City and the developer related to public
improvements, affordability standards, and requirements of the subdivision; AND,
WHEREAS, the discussions have resulted in an amendment to the development agreement that
City Staff believes are in the best interest of the City to approve.
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this
3`d day of April, 2023, that the Developer's Agreement with Northpointe Development II
Corporation is hereby approved
BE IT FURTHER RESOLVED that the Mayor is authorized to exec and all documents
to effectuate the development agreement:
Bottenberg, Mayor Pro Tern
Attest:
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE:
AYE
Anna Bergman Pierce
X
R. Charles Bottenberg
X
Chris Crone
X
Larry R. Lyon
X
Ben Sinclair
X
NAY ABSENT ABSTAIN