HomeMy WebLinkAboutA003 - Resolution No. 20-244 adopted May 12, 2020 - approving Waiver of Construction RESOLUTION NO. 20-244
RESOLUTION APPROVING WAIVER OF CONSTRUCTION OF SE 3RD STREET PAVING
AND STORM SEWER IMPROVEMENTS
FOR THE CITY OF AMES,IOWA
WHEREAS,Kingsbury's Subdivision,Third Addition is a 6.91 acre site on SE 3`d Street,just north
and east of Target; and,
WHEREAS, the property owner, DET Land Company LC, is requesting approval of a Final Plat
creating two lots, and one lot to be dedicated as right-of-way for the extension of SE 3`d Street; and,
WHEREAS, the proposed subdivision is a Major Subdivision due to the requirements to extend
infrastructure, and a Preliminary Plat was approved on November 12, 2019; and,
WHEREAS, the property owner proposes a partial waiver of improvements, with a Development
Agreement, in conjunction with the Final Plat; and,
WHEREAS,staff supports the proposed waiver of street paving in recognition that there are practical
difficulties in completing the extension of SE 3`d Street without a final design for Cherry Avenue to match
grades; and,
WHEREAS,staff also supports the partial waiver in order to facilitate dedication of the right-of-way
at this time rather than pursue acquisition and purchase of the right-of-way in the future,which is viewed as
a cost savings for the project that is planned this year; and,
WHEREAS, this is an unusual circumstance where a developer is required to construct a partial
street extension when a Final Plat is approved in the same year that the City included this street extension
in the Capital Improvements Plan (CIP); and,
WHEREAS,the developer has provided a letter of credit in the amount of$64,655 for the completion
of public improvements, which include sidewalks,water lines, and sewer lines.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the
waiver of the construction of SE 3`d Street paving and storm sewer improvements is hereby approved.
ADOPTED THIS 12''day of May, 2020.
Dia ss, ity 1'erk John A. Haila, Mayor
Introduced by: Martin
Seconded by: Corrieri
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 12`'day of May, 2020.