HomeMy WebLinkAbout~Master - Purchase Agreement for Grand Avenue Extension - Hy-Vee, Inc. RESOLUTION NO. 07-508
RESOLUTION APPROVING TENANT PURCHASE AGREEMENT
WITH HYVEE, INC., 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, HyVee, Inc., a California limited partnership, has signed a tenant purchase
agreement for the project; and,
WHEREAS, compensation for this agreement, following federal funding guidelines, is in the
amount of$100.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa, that
the Tenant Purchase Agreement with HyVee,Inc.,in the amount of$100 in connection with the Grand
Avenue Extension Project is hereby approved.
ADOPTED THIS 4t' day of December, 2007.
. LY-11& A.
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.