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HomeMy WebLinkAbout2023-04-03 Resolution 2023-129_Satisfaction of 28E Agreement, Waukee Community School DistrictTHE CITY OF WAUKEE, IOWA RESOLUTION 2023-129 APPROVING SATISFACTION AND TERMINATION OF AGREEMENTS BETWEEN CITY OF WAUKEE AND WAUKEE COMMUNITY SCHOOL DISTRICT CONCERNING THE JOINT DEVELOPMENT OF CERTAIN PROPERTY — TRIUMPH PARK/NORTHWEST HIGH SCHOOL 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, Waukee entered into a 28E Agreement with Waukee Community School District dated May 9, 2016 and filed with the Iowa Secretary of State on May 10, 2016 concerning the acquisition of certain Property and after completing said acquisition, entered into a supplement Agreement filed with the Iowa Secretary of State on March 19, 2019 to set forth arrangements relative to the development of the property and construction of various public facilities; AND, WHEREAS, there were various financial obligations to both parties contemplated by virtue of the agreements in connection with the development of the property and following completion of the improvements, it was determined that the City owed the School District $820,899.98. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa that the terms of the Agreements have been fully satisfied by all parties and the City agrees to make payment to the school district in the amount of $820,899.98. Passed by the City Council of the City of Waukee, I 2023. Attest: bUJA41va' / J 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 )f April Tem. ABSENT ABSTAIN