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HomeMy WebLinkAboutRESOLUTION NO. 2015-102 RESOLUTION NO. 2015-102 RESOLUTION ENTERING INTO A DEVELOPMENT AGREEMENT WITH BRUCE G. SEVIG WHEREAS, the City of Fairfax wishes to annex additional property into the city limits; and WHEREAS, Bruce G. Sevig is the owner of some of the property the City of Fairfax wishes to annex; and WHEREAS, Hall and Hall Engineers, Inc., have drafted and are recommending the attached Development Agreement. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, to enter into this Development Agreement with Bruce G. Sevig. BE IT FURTHER RESOLVED, by the City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute both this Resolution and the Agreement. Passed and approved this 10th day of November, 2015. AYES: Beer, Frieden, Magers, and Wainwright NAYS: None ABSENT: Otto J Rabe, Mayor ATTEST: Cyn is Stimson, rty Clerk/Treasurer a \ •• 414 r • �, 0� f 4 ..... DEVELOPMENT AGREEMENT THIS AGREEMENT is made and entered into on this 10th day of November, 2015, by and between THE CITY OF FAIRFAX, IOWA("FAIRFAX"),and Bruce G. Sevig("OWNER"), owner of the property described in Exhibit"A" (the "Property"). This Agreement is made for the purpose of extending a sanitary sewer trunk line and water main to the Property(the"Improvements"). For the purpose of this agreement, it is understood that this Property shall be developed jointly with another parcel located directly east of, and adjoining this Property,which is owned by Gordon C. Sevig and Shirley A. Sevig, and which shall be serviced by the Improvements as one development. It is understood by all parties that the extension of Improvements to one parcel shall be construed as service to both parcels. OWNER RECITALS: WHEREAS, OWNER owns the Property located near Fairfax; and WHEREAS, OWNER or its successor may develop the Property; and WHEREAS, OWNER desires that the Property be annexed into and become a part of the City of Fairfax, Iowa; and WHEREAS, if and when OWNER or its successors and assigns develops the Property, it will do so pursuant to the ordinances and regulations of the City of Fairfax, Iowa; and WHEREAS, OWNER has requested that FAIRFAX extend the Improvements to serve the Property if and when OWNER or its successors and assigns develops it and as an inducement to Owner to execute this Agreement, FAIRFAX agrees to extend the Improvements to the OWNERS Property, and to maintain said Improvements. NOW,THEREFORE, in consideration of the mutual obligations contained in this Agreement,the parties agree as follows: 1.OWNER's covenants for the Property: a. OWNER will dedicate the mutually agreeable Right-of-way and easements on the Property necessary for the construction, maintenance and use of the Improvements at no cost to the City of Fairfax. b. Development of the Property shall be in accordance with all ordinances and regulations of the City of Fairfax existing at the time of development. 2. FAIRFAX's covenants, in consideration of the covenants of OWNER that: a. FAIRFAX will construct the Improvements to the Property with sufficient capacity to handle anticipated sanitary sewage and water supply needs generated by development of the Property. FAIRFAX shall provide their best effort to have Construction of the Improvements completed no later than September 15, 2017. FAIRFAX will use its best efforts to diligently pursue all necessary approvals, easements, right-of-way and permits to complete the Improvements. 3.Administrative provisions: a. This Agreement may not be amended by any party without the express written permission of the other parties. b. This Agreement shall be a covenant running with the Property, shall bind and inure to the benefit of OWNER and its heirs, executors,assigns, and successors in interest and shall constitute an obligation and create enforceable rights which may be specifically enforced against OWNER and FAIRFAX and each of their successors in interest in addition to any other remedy allowed by law.The obligations of OWNER and FAIRFAX set forth in this Agreement are cumulative and in addition to all other obligations. c. This Agreement shall be deemed to be a contract made under the laws of the State of Iowa and for all purposes shall be governed by and construed in accordance with the laws of the State of Iowa.This Agreement shall be null and void and of no effect if FAIRFAX is unable,for any reason,to complete the annexation of the Property by June 30, 2016. CITY OF FAIRFAX, IOWA Bruce G.Sevig 67----•._ . By By .' 5 / Jason Rabe, Mayor Owner ATTEST: By J /!r�/�(,fif�- '_ Cynthia Stimson, City Clerk/Treasurer c>-°.t "..""1-4/4)): GoRP0R7� 'x.- ,.�, ii` A X'n'' ....,:.4, .5,. Exhibit"A"—Legal Description SW 1/4 Section 4-82-8, Linn County, Iowa, except Lot 1, Schulte First Addition to Linn County, Iowa