HomeMy WebLinkAbout~Master - Revision to agreement for annexation of Ferguson Subdivision area RESOLUTION NO. 03-459
RESOLUTION APPROVING REVISION TO ANNEXATION AGREEMENT FOR THE
FERGUSON SUBDIVISION AREA
FOR THE CITY OF AMES
WHEREAS, in June 2000,the City entered into an annexation agreement with owners and
residents of the Ferguson Subdivision and surrounding properties; and,
WHEREAS,a part of that agreement dealt with the assignment of costs for the construction
of water and sanitary sewer lines; and,
WHEREAS,in accordance with the agreement,two of the parcels were under assessed based
on the usual City special assessment policies and eight properties were over assessed; and,
WHEREAS,the agreement provided that the under assessed parcels would have to make up
their share when the property sold for development; and,
WHEREAS, as City staff began work to reimburse the owners in accordance with the
agreement, it was noted that Parcel 10, one of the over-assessed parcels, was not included in the
section of the agreement involving repayment; and,
WHEREAS, staff met with the impacted owners and all agreed that the owners of Parcel 10
should have been included in the disbursement of funds; and,
WHEREAS, in order to correct the error, Paragraph 9 of the Agreement Pertaining to
Annexation would have to be modified to include reimbursing Parcel 10 in addition to Parcels 2,
3, 4, 5, 6, and 7.
NOW, THEREFORE,BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the revision of Paragraph 9 of the Agreement Pertaining to Annexation for the Ferguson
Subdivision Area is hereby approved.
ADOPTED THIS 16th day of December, 2003.
•-� �
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Hoffinan
Voting aye: Cross, Goodhue, Hoffinan, Mahayni, Wirth
Voting nay: None Absent: Vegge
Resolution declared adopted and signed by the Mayor this 16th day of December, 2003.