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HomeMy WebLinkAbout~Master - Amendment to Developer's Agreement for 605 and 619-719 East Lincoln Way RESOLUTION NO. 12-356 RESOLUTION APPROVING AMENDMENT TO DEVELOPER'S AGREEMENT FOR 605 AND 619-719 EAST LINCOLN WAY FOR THE CITY OF AMES,IOWA WHEREAS,on June 12,2012,the City Council referred a request from Kurt Friedrich asking that he be given additional time to meet his obligation to construct additional parking spaces at his building at 605 East Lincoln Way; and, WHEREAS, the building at 605 East Lincoln Way is 10,000 square feet; and, WHEREAS, Mr. Friedrich approached City staff seeking assistance in renting a portion of the building (5,500 square feet) for a health club; and, WHEREAS,there are 28 parking spaces available on the site and,according to the Municipal Code,the health club use would require all 28 spaces,therefore,there are not enough parking spaces to satisfy the requirements for the remaining 4,500 square feet of vacant space; and, WHEREAS,traditionally,the City would have required all of the parking spaces for the total building be in place before allowing any permits to be issued,however,in order to assist the property owner, staff offered an innovative approach through the use of a Development Agreement; and, WHEREAS, this agreement granted temporary occupancy to the health club and use of all 28 spaces on the site,and,in exchange,the owner agreed to 1)install an asphalt drive along the north side of 615-719 East Lincoln Way; 2) construct a new parking lot which abuts the east side of 605 East Lincoln Way with not less than 13 spaces by no later than July 1, 2012; and, 3) not rent nor occupy the remaining space at 605 East Lincoln Way until the new remote parking lot is completed. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the request to amend the Development Agreement for 605 and 619-719 East Lincoln Way with R. Friedrich and Sons, Inc., to allow for the completion of the required new remote parking lot no later than July 1, 2013, is hereby approved and the Mayor is authorized to execute said Agreement amendment. ADOPTED THIS 26`h day of June, 2012. -1� 4. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Af Introduced by: Davis Seconded by: Wacha Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 26t' day of June, 2012.