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HomeMy WebLinkAbout~Master - Agreement for Deferment of Sidewalk Installation for Copper Beech Apartment Project RESOLUTION NO. 14-499 RESOLUTION APPROVING AGREEMENT FOR DEFERMENT OF SIDEWALK INSTALLATION FOR 712 SOUTH 16TH STREET FOR THE CITY OF AMES,IOWA WHEREAS,At the July 22,2014,meeting,Council approved deferment of a portion of the public sidewalk and driveway access ramps for the Copper Beech project at 712 Southl6t' Street; and, WHEREAS, the Council directed staff to draft an agreement with the condition that the sidewalk and ramps be installed at such time as are determined appropriate by the City for the sidewalk connection to the east property line or when improvements are made to the intersection of South 16t' Street and South Grand Avenue requiring the need to complete the pedestrian crossing; and, WHEREAS,under this approval,the deferment agreement was required to be accompanied by financial security for such deferral; and, WHEREAS, a signed deferment agreement has been submitted with the agreed upon financial security for the sidewalk improvement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Agreement for Deferment of Sidewalk Installation with DB at Ames, LLC, for the Copper Beech Apartment Project located at 712 South 16' Street is hereby approved. ADOPTED THIS 23'day of September, 2014. 11�R Awo C//. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Corrieri Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 23rd day of September, 2014.