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HomeMy WebLinkAbout~Master - Depot Development Agreement pertaining to parking RESOLUTION NO. 17-664 RESOLUTION APPROVING DEPOT DEVELOPMENT AGREEMENT WITH MERRY BEE PROPERTIES, LLC, REGARDING PARKING FOR THE CITY OF AMES WHEREAS, following the City Council meeting of October 24, 2017, the Depot Development Agreement was updated with direction given by the Council; and, WHEREAS, the Agreement allows the owner of the Depot property, Merry Bee Properties, LLC, to use 100 of the 198 spaces for tenant and other private use, while retaining 98 spaces for public use; and, WHEREAS, these spaces will be reserved for public use for 50 years following approval of the Agreement; and, WHEREAS, in addition, the Council directed that the commercial buildings maintam functional entrances abutting public streets for each tenant; and, WHEREAS, the main entrance at the corner of Main Street and Clark Avenue shall remain as a functional entrance; and, WHEREAS, language from the prior agreements regarding maintaining the historic facade of the Depot and the view of the Depot from Main Street has also been incorporated into this Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the new Depot Development Agreement with Merry Bee Properties, LLC, is hereby approved. ADOPTED THIS 141' day of November, 2017. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Gartin Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 14t' day of November, 2017.