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HomeMy WebLinkAbout~Master - Purchase Agreement for Grand Avenue Extension - Midwest Centers, LP RESOLUTION NO. 07-507 RESOLUTION APPROVING PURCHASE AGREEMENT WITH MIDWEST CENTERS, LP, IN CONNECTION WITH THE GRAND AVENUE EXTENSION PROJECT FOR THE CITY OF AMES WHEREAS, the Ames Area Metropolitan Planning Organization's (AAMPO) Long Range Transportation Plan (LRTP) identifies the need to extend Grand Avenue from Lincoln Way to South 16th Street as a strategy to relive congestion from the Lincoln Way Duff Avenue area,and the first phase of this extension was completed to approximately 3 50 feet south of Lincoln Way at the HyVee entrance; and, WHEREAS,this second phase will extend Grand Avenue from this point south to Squaw Creek Drive; and, WHEREAS, the third and final phase will complete the extension to South 16t' Street; and, WHEREAS, as part of the project, purchase agreements, a tenant purchase agreement, permanent utility easements, and temporary construction easements are needed; and, WHEREAS, Midwest Centers, LP, a California limited partnership, has signed a purchase agreement that includes a permanent easement and temporary easement along the west side of its property adjacent to the project; and, WHEREAS, compensation for this agreement, following federal funding guidelines, is in the amount of$63,200; and, WHEREAS, an electric facilities easement has also been signed by Midwest Centers, LP. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa, that the Purchase Agreement with Midwest Centers, LP, in the amount of$63,200 in connection with the Grand Avenue Extension Project is hereby approved. ADOPTED THIS 41h day of December, 2007. C���?. LXIA& Diane R. Voss, City Clerk Ann H. Campbell, May Introduced by: Rice Seconded by: Popken Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 4t' day of December, 2007.