ANKENY CITY COUNCIL

City Council Agenda

May 15, 2023
5 : 30 PM

Mark Holm, Mayor
Bobbi Bentz, Mayor Pro tem

Council Members: Jeff Perry, Joe Ruddy, Todd Shafer, Kelly Stearns
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ORIGINATING DEPARTMENT: COUNCIL GOAL:
Municipal Utilities Upgrade Essential Infrastructure
ACTION REQUESTED:
Resolution
LEGAL:
Item Reviewed by Legal Counsel
SUBJECT:
Consider motion to adopt RESOLUTION authorizing the Partial Termination Certificate of the Development Agreement between the City of Ankeny, Iowa and Threshold Otter Creek, LLC for the Spectrum 36 Plat 1.
EXECUTIVE SUMMARY:
City staff was asked about a termination certificate for this development agreement as it produces a lien against the individual lots.  In this case it is a partial termination as we have not fulfilled all of the requirements of the development agreement for Spectrum 36 Plat 1.  This will only be for the specific lot requested.
FISCAL IMPACT: No
CITY MANAGER'S RECOMMENDATIONS:
To approve the Resolution and Certificate as attached. 
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution
Partial Termination Certificate