HomeMy WebLinkAbout~Master - Time extension for improvements at North Grand Mall RESOLUTION NO. 10-343
RESOLUTION APPROVING TIME EXTENSION FOR PARKING LOT IMPROVEMENTS AT NORTH
GRAND MALL
FOR THE CITY OF AMES
WHEREAS, in July 2007, the City Council approved a final plat, adaptive re-use plan, and development
agreement for the Streets of North Grand; and,
WHEREAS,at that time,it was envisioned that the North Grand Mall Area would include expanded retail space
in the form of a new life-style center to the south of the current site; and,
WHEREAS, the development agreement created certain responsibilities for the Mall owners,one of which is
to reconfigure the parking area on Lot 2 to comply with the City's minimum off-street parking standards by no later than
one year from the recording of the final plat; and,
WHEREAS,because of the down turn in the economy,no progress was made towards implementing this vision,
and,therefore,in response to the Mall owners' request,the Council granted a one-year extension to this obligation in
June 2008;and,
WHEREAS, as the economy failed to improve, once again, the owners requested and received a second
extension in July 2009; and,
WHEREAS,this extension expires on July 18,2010,and the Mall owners are now requesting a third extension;
and,
WHEREAS,if the extension is not granted,the City will be able to cash in a bond that was provided as security
for this obligation and hire a contractor to reconfigure the lot as required in the development agreement; and,
WHEREAS,it should be emphasized that the motivation behind this extension is different from the previous
requests, as the Mall owners have indicated that they no longer plan to construct a life-style center as previously
indicated; and,
WHEREAS,it is now their hope to take advantage of their existing space in order to avoid the construction of
new space that would necessitate an increase in lease costs; and,
WHEREAS,in order to achieve the owners'new vision for this development,it appears that a new site/adaptive
re-use plan must be approved by the City Council, and in order to provide sufficient time to develop, process, and
approve this new plan,the owners' are seeking another extension of the requirement to reconfigure the parking lot.
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the request to
extend the deadline for six months for reconfiguring the parking on Lot 2 at the North Grand Mall is hereby approved.
ADOPTED THIS 13`h day of July,2010.
LY-d& A. -(/.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Larson
Seconded by: Davis
Voting aye: Davis,Larson, Orazem,Wacha
Voting nay: None Absent: Goodman,Mahayni
Resolution declared adopted and signed by the Mayor this 13`h day of July,2010.