HomeMy WebLinkAbout~Master - Development agreement for South Gateway Subdivision RESOLUTION NO. 02-364
RESOLUTION APPROVING DEVELOPMENT AGREEMENT
BETWEEN SOUTH DAYTON DEVELOPMENT, L.L.C.,AND THE
CITY OF AMES RELATIVE TO THE
SOUTH GATEWAY SUBDIVISION
WHEREAS,the South Gateway Subdivision includes construction of public improvements
to the infrastructure; and,
WHEREAS, when the Planning and Zoning Commission and City Council took action on
the Preliminary Plat for the South Gateway Subdivision, a stipulation of that approval was that the
developer and City enter into a Development Agreement to address those public improvements;and,
WHEREAS,the most significant issue included in the Development Agreement for the South
Gateway Subdivision is the future construction of relocated South Dayton Avenue; and,
WHEREAS, the Development Agreement allows for the remainder of relocated South
Dayton Avenue to be installed and possibly financed through a special assessment program by the
City and ultimately paid for by the developer; and
WHEREAS,the Development Agreement also addresses access restrictions to each lot,water
main and sanitary sewer tapping fees,and easements for sidewalks,bike paths,sanitary sewer,storm
sewer, and water mains.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Development Agreement between South Dayton Development,L.L.C.,and the City ofAmes
relative to the South Gateway Subdivision is hereby approved.
ADOPTED THIS 25th day of June, 2002.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Cross, Goodhue, Quirmbach, Vegge, Wirth
Voting nay: None Absent: Hoffman
Resolution declared adopted and signed by the Mayor this 25th day of June, 2002.