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HomeMy WebLinkAbout~Master - Development Agreement for 5508 Lincoln Way and 398 South 500th Avenue DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared by:City Clerk's Office„515 Clark Avenue,Ames,IA 50010 Phone:515-239-5105 Return to:Ames City Clerk,P.O.Box 811,Ames,IA 50010 RESOLUTION NO. 17-126 RESOLUTION APPROVING DEVELOPMENT AGREEMENT FOR 5508 LINCOLN WAY AND 398 SOUTH 500TH AVENUE (TRINITAS AMES) FOR THE CITY OF AMES NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Development Agreement between the City of Ames and Trinitas Ames, for property located at 5508 Lincoln Way and 398 South 500th Avenue for the Trinitas Ames Development is hereby approved, with the condition that all of the improvements be the responsibility of the developer (which includes improving the entire length of South 500th Avenue from the south boundary of the property to Lincoln Way to City Collector Street specifications, conditioned on the receipt of a signed Development Agreement reflecting these obligations within seven days of the Council's approval of the annexation, or the annexation is not approved. ADOPTED THIS 7th day of March, 2017. Diane Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri,Nelson, Orazem Voting nay: Gartin Absent: None Resolution declared adopted and signed by the Mayor this 7th day of March, 2017.