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HomeMy WebLinkAbout1983-09-13 Resolutiona r-. RESOLUTION NO. 63-291 RESOLUTION CONTRACT, PUBLIC HEARING OF THE CAMP DIRECTING CITY CLERK TIRECTING O PUBLISH NOTETC OFONAFILEEFORNPUBLIC IG, AND DNSPECTION. CITY ENGINEER TO PLACE SAID PLANS, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF IOWA CITY, IOWA: 1. That a public hearing on the plans, specifications, form of contract, and estimate of cost for the construction o19theabove-nat amed mproject is to be held on the 27th day of Seotember Chambers, Civic Center, Iowa City, Iowa. 2. That the City Clerk is hereby authorized and directed to publish notice of the public hearing for the construction of the above-named project in a g a city, not less than least noremorekthanntwentyn(20)9daysacirculation beforesaid hearing• 3. That the plans, specifications, form of contract, and estimate of cost for the construction of the above named project are hereby ordered placed on file by the City Engineer in the office of the City Clerk for public inspection. It was moved by Dickson and seconded by T6mch that the resolution as read be a opt ,, an upon roll call there were: AYES. NAYS: ABSENT: x Balmer X Dickson X Erdahl X Lynch X McDonald X Neuhauser X Perret Passed and approved this 13th day of September 19 83 ATTEST: 2 -e -�. ) �rd6ClCI ULERK 7._ .._.. ..... _...,_MICROFILMED. BY, _ ..<__...' JORM MICR+LAB I CEDAR RAPIDS• DEC MOINES Rocolved & Approved �By Tho'Loyal Department I 10 "City of Iowa Cites MEMORANDUM Date: September 8, 1983 To: Mayor and Members of the City Council From: Richard J. Boyle, Assistant City Attorney lOr Re: Conveyance of Vacated Portion of Lucas Street By Ordinance No. 83-3121, the City Council vacated a portion of Lucas Street lying north of Page Street, and south of the Rock Island Railroad right-of-way. By Resolution No. 83-175, the Concil approved execution of an Agreement with the Williams Group (Don E. Williams, Gregory J. Downes, Ralph J. Neuzil, and Dale Sanderson) for relocation of a storm sewer from private property onto an easement to be given by the Williams Group. (A copy of the Agreement is attached.) In exchange for the easement and sewer relocation work to be done by the Williams Group, the City agreed to convey the vacated portion of Lucas Street to the Williams Group upon completion of that work, and to receive as a cash payment the difference, if any, between the appraised value of the land and the cost of the relocation work. (Agreement, par. 6) The easement was conveyed to the City in June, and the sewer relocation work has been completed, at a cost to the Williams Group at $5,051.74. The land has been appraised at a value of $3,500, and the City's appraisal and, abstracting costs have totaled approximately $800, so there will be no amount due the City since the Williams Group's costs exceed the.value of the land plus out-of-pocket costs incurred by the City. As provided in paragraph 7 of the Agreement, the City is not obligated to pay any money to the Williams Group. Under the terms of the Agreement, the City is now obligated to convey the vacated street to the Williams Group. The public hearing is required under the Iowa Code, and it should be followed by approval of the attached resolution authorizing the Mayor and City Clerk to execute a quit claim deed conveying the land. bdw4/3 _....__......_MICROFILMEO.DY_..___.-_�- _. JORM MICR+LAB CEDAR RfPIDS • DE= NOIRES + I t i I i i 1 AGREEMENT This Agreement between the City of Iowa City (hereinafter referred to as "City") and Don E. Williams, Gregory J. Downes, Ralph L. Neuzil and Dale Sanderson (hereinafter referred to as the "Williams Group") WITNESSETH WHEREAS, the Williams Group recently purchased from the Chicago, Rock Island & Pacific Railroad Company (hereinafter referred to as the "Railroad") certain property bounded by South Dodge Street, Page Street, Lucas Street, and the right-of-way of the Railroad; and WHEREAS, the property owned by the Williams Group includes Lots 2 through 9, Block 4, Page's Addition to Iowa City; and WHEREAS, in conjunction with rebuilding of the Dodge Street Bridge in the late 1960's, City acquired from the Railroad a 130 foot wide easement which includes all of Lot 9 and a small part of Lot B,.Block 4, Page's Addition to Iowa City; and WHEREAS, during such bridge reconstruction, City installed storm sewer lines and appurtenances on its easement, but also installed two sewer lines across said lot 8, outside of the easement area granted by the Railroad; and _.,11ILROFILI1ED.aY__ ..�. _ DORM MICR+LAE3 1 ` CEDAR RIFPIDS • DES MOINES I Af/a i 2 .. WHEREAS, there is no record that the Railroad granted to City an easement for the property on which City installed the sewer lines across said Lot 8; and WHEREAS, the Williams Group has requested that the City remove the sewer lines from said Lot 8; and WHEREAS, City appears to have no legal right to maintain those sewer lines on said Lot 8; and j WHEREAS, City no longer uses the portion of Lucas Street north of Page Street which abuts Lot 2, Block 4, Page's Addition to Iowa City, and has initiated i proceedings to vacate said property in accordance with the requirements of Iowa law; and 1 WHEREAS t W' he illiams Group is interested in acquiring said portion of Lucas Street; and WHEREAS, the parties desire to resolve the sewer removal problem in an amicable manner. NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements stated below, the parties agree as follows: 1. City agrees to obtain an appraisal of the fair market value (hereinafter referred to as the "value") of the portion of Lucas Street which it no longer uses, such appraisal to be made by a qualified appraiser. .....-..M1CR0E1LME6..aY____,._-..l_ _. JONM MICFV+LA1E3 RI CEDAR PlOS •DES MOINES 1 k i i D 3 1� 2. City also agrees that it will procure an up to date abstract of title for said portion of Lucas Street. 3. The Williams Group agrees that its engineer will, in consultation with the City Engineer of Iowa City, prepare plans to move the sewer lines located on said Lot 8. Such sewer lines are to be relocated along property lines or n u onto the easment already owned by the City, in such a manner that they will not interfere with the Williams Group's use of said Lot 8. The Williams Group agrees that it will, a. At its sole cost and expense, move the sewer lines presently located on said Lot 8 in conformity with plans agreed upon as described in paragraph 3, above. b. — Ifthe sewer lines are relocated on property owned by the Williams Group, the Williams Group will grant to the City a 10 foot wide easement, in the form of the Easement Agreement attached hereto as Exhibit A, for said storm sewer lines and appurtenances. In exchange for the easement or easements, and for moving the sewer lines, all as. described in paragraph 4, above, City will vacate the aforesaid portion of Lucas Street and will transfer and convey to the Williams Group, by quit claim deed, all of its right, title, and interest in and to said vacated portion of Lucas Street. If the value of the vacated portion of Lucas Street plus the City's out-of- pocket appraisal and abstracting costs, exeeds the actual out-of-pocket i I j t i 5. i i i I f I 1 : 6. onto the easment already owned by the City, in such a manner that they will not interfere with the Williams Group's use of said Lot 8. The Williams Group agrees that it will, a. At its sole cost and expense, move the sewer lines presently located on said Lot 8 in conformity with plans agreed upon as described in paragraph 3, above. b. — Ifthe sewer lines are relocated on property owned by the Williams Group, the Williams Group will grant to the City a 10 foot wide easement, in the form of the Easement Agreement attached hereto as Exhibit A, for said storm sewer lines and appurtenances. In exchange for the easement or easements, and for moving the sewer lines, all as. described in paragraph 4, above, City will vacate the aforesaid portion of Lucas Street and will transfer and convey to the Williams Group, by quit claim deed, all of its right, title, and interest in and to said vacated portion of Lucas Street. If the value of the vacated portion of Lucas Street plus the City's out-of- pocket appraisal and abstracting costs, exeeds the actual out-of-pocket _,MICROFILMED W '. t DORM . MICR¢LAB }iJ •CEDAR RAPIDS • DES MOINES } I t i 's i i I f _,MICROFILMED W '. t DORM . MICR¢LAB }iJ •CEDAR RAPIDS • DES MOINES } I i 1 4 costs of moving said sewer lines and for the engineering services provided by its engineer as described in paragraph 3, above (said moving and engineering costs are hereinafter referred to as the "sewer moving costs") the Williams Group shall pay the difference to the City at the time of the conveyance to it of the vacated portion of Lucas Street, and the conveyance by the Williams Group of the easement or easements described in paragraph 4b above. 7. If the sewer moving costs exceed the value of the vacated portion of Lucas Street, plus the City's out-of-pocket appraisal and abstracting costs, the convey the above-described easements Williams Group shall, nevertheless, to the City, and the City shall convey the vacated portion on Lucas Street to the Williams Group, but City shall not be obligated to pay any money to the Williams Group. The parties agree that the conveyances and sewer moving described above shall be done as soon as reasonably practical following the date of approval of this agreement by the City Council of Iowa City. Each party shall bear its own attorney's fees and expenses. IN WITNESS WHEREOF, parties hereto have caused this agreement to be executed on this 7th day of _. ,lune - , 1983. CITY OF IOWA CITY THE /WItL- AMS GROUP •.�. .MICROFILMED BY._. t JORM MICR+LAB CEDAR RAPIDS • DES MOINES i_ i THE /WItL- AMS GROUP •.�. .MICROFILMED BY._. t JORM MICR+LAB CEDAR RAPIDS • DES MOINES i Mary C. Neuhauser, Mayor Marian -K. Karr, City Clerk 5 !`l Don E. Williams egory J w s �'J✓/I Ralph L. Neural ' Ab alu a Sanderson JORM -. MICR l LAB .,CEDAR RAPIDS DES MOINES H i` 1 i i I I f i n STORK SEWER EASEMENT �I THIS AGREEMENT, made and entered Into by and between Dan E. Williams, Gregory J. Downes, Ralph L. Neuzil and Dale Sanderson and their respective q spouses (the "Williams Group") jointly and severally, which expression shall include their heirs, personal representatives, successors in interest and assigns, and the City of Iowa City, Iowa (the City), which expression shall Include its successors In interest and assigns. WITNESSETH: It Is hereby agreed as follows: For the sum of $1.00 plus other valuable consideration, the receipt of which is hereby acknowledged, the Wtllims Group hereby grants and conveys to the City an easement for the purposes of excavating for and the Installation, replacement, maintenance and use of such store $swage lines, pipes, mains, and conduits as the City shall from time to time elethe user Inonconnecti connection with with said pipes lines, together liances nttins for withadequate protection therefor, and also a right-of-way, with the right of ingress and whichgress thero, over and is attached hereto and hereby incorporated herein on the roertiby bereference. in A, The Williams Group further grants to the City: 1. The rightof grading said strip for the full width thereof and to extend the cuts and fills for such grading into and an said lands along and outside of the said line to such extent as the City may find reasonably necessary. 2. The right from time to time to trim and to cut down and clear away any ---- and all trios and brush on said strip and to trim and to cut down and clear away any trees on either side of said strip which now or hereafter 1n Cha.oDinlon of Lt ty may be a hazard to said linos or may interfere with the exercise of City's rights hereunder in any manner. 1 _ 3. City shall indemnify the Williams Group against any loss or damage which shall be caused by the exercise of said Ingress and egress, construction, and maintenance or any wrongful or negligent act, mission of City or of its agents and employees in the course of i their employment. 4. The Williams Group reserves the right to use said strips for purposes i which will not interfere with City's full enjoyment of the rights . hereby granted; provided that the Williams Group shall not erect or construct any building or other structure, or drill or -operate any Well, or construct any reservoir or other obstruction an said area, or diminish or substantially add to thi ground cover over said pipe lines. ith that iis S. seized and Possessed of the hereby vestatewaboveidescrib dos lawfully The that ha a good and lawful right to convey it, or any part hereof. 6. The provisions hereof shall inure -to the benefit of and bind theand i. reof the espective partiesehereto, andersonal V1,covenantsr shall applygns to and run With the land. Dated this 7th day of Jtm E' , 1993• i 1 THE ILLIARS GROUP Qh an I� IUZI ' oan . W ems mel a M. Neux , _ �na ' e Sanderson re oas Y fr_.._.-_...----_.---. _•.. ..._..MICROFIL14E0. BY 1 JORM MICR+LAB t CEDAR RAPIDS • DE= MOINES I �� t ! i._ _ r-� Jgdet B. Sanderson erlt MwnesJ CITY OF IOWA CITY/, IOWA By: ill aJl 9AP I I nIL.A0 ay�orr ' ATTEST: ty er STATE OF IOWA, 55: JOHNSON COUNTY, On this --day of- 1983, before me, the undersigned, a Notary Public in an or the StateIowa, personally appeared Don E. Williams and Joan M. Williams, husband and wife; Gregory J. Downes and Teri J. Downes, husband and wife;. and Ralph L. Neuzil and Arlene M. Neuzil, husband and wife, to me personally, known to be the identical persons named in and who executed the foregoing instrument, and acknowledged that they executed the same as their voluntary act and deed. ale E. � e Sanderson, Notary 'u cn an �or'�e State of Iowa. STATE OF IOWA, SS: JOHNSON COUNTY, On this gLV'd m of , 1983, before me, the undersigned, a Notary Public In and for the State of owa, ersonally appeared Dale Sanderson and Janet B. Sanderson, husband and wife, to me known to be the identical persons named in and who executed the foregoing instrument, and acknowledged that:they executedthe same as: their voluntary act and deed. _ xalpn L: HUM, Notary Public in and for the State of Iowa. State of Iowa, SS: Johnson County, On this 47}Hay of ,1983, before me, the undersigned, a Notary Public 1n ann or the State of Iowa, personally appeared Mary C. ft U4ayser - and 'iarian K. KarrMayor and City Clerk respect ve y, Or the LICYo Iowa LIV, Lowa, executing the within and foregoing instrument; that the seal affixed thereto is the seal of said corporation by authority of its City Council; and that the said City Clerk and Mayor acknowledged the execution of said corporation, by it and by them voluntarily executed. �to1or w y uUD1cC in n and n or the Statew owa. i boNad A Appranad ' �� a3/ FS MICROFILMED BY.... ..� . JORM MIC R+LAB I -CEDAR RAPIDS - DES MOINES 1 ,l ) I Exhibit A STORM SEWER EASEMENT Ten.root wide storm sewer easement on Lots 6 and 7 or a Replat or a portion oC Block 4, Page's Addition to Iowa City, Iowa and which centerline is described as follows: Commencing at the Southeast Corner or Lot 2 or Block 4, Page's Addition, Iowa City, Iowa in.accordance with the recorded plat thereof and which point 13 also the intersection of the Westerly Right -of -Way line of Lucas Street and the Northerly Right-of-W&Y line or Page Street; Thence N88045'18"W, (Assumed bearing) 353.52 feet along the Northerly Right -or -Way line or Page age Street to the Point or Beginning or said Centerline; Thence N7044'27"W, 109.83 feet along the Center- line Of said easement; Thence N71056116"W, 29.00 reet along the Centerline of said easement; Thence N6*18'01"E, 44.05 feet to the North line or Loot 7 . of the Replat or a portion of Block 4, Page's Addition, Iowa City,Icywa. Also commencing at the Southeast Corner or said Lot 2 of Block 4, Page's Addition, Iowa City, Iowa; Thence N88045118"W, (Assumed Bearing) 353.52 feet along.the Northerly Right -or -way line or Page Street; Thence N7044127*W, 109.83 feet; Thence N71056'16"W, 29.00 feet to the Point or Beginning; Thence S38050'12"W, 15.74 feet along the Centerline or a moo root wide storm sewer easement to 3 point that is 65.00 feet normally J!stant Southeasterly from the Centerline Or Dodge Street. Ivo 4_._l 0 -F-1L-MED!' -.,-141CR BY.. - JORM MICR AB CEDAR RXP16$ • DE' MOINES a ■ RESOLUTION N0. _ RESOLUTION AUTHORIZING CONVEYANCE OF THE VACATED PORTION OF LUCAS STREET NORTH OF PAGE STREET. WHEREAS, the City of Iowa City, Iowa, entered into an Agreement with the Williams Group for relocation of a storm sewer and conveyance of the vacated portion of Lucas Street, and WHEREAS, the parties to that Agreement have fulfilled their obligations thereunder, and the City is now obligated to convey the vacated portion of Lucas Street. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL: I. That the Mayor and City Clerk are hereby authorized and directed to execute a quit claim deed conveying the vacated portion of Lucas Street to the Williams Group. It was moved by and seconded by the Resolution be adopted; and upon.roll call there were: AYES: NAYS: ABSENT: Balmer Dickson Erdahl Lynch McDonald -- Neuhauser Perret Passed.and approved this _ day of ATTEST: CITY CLERK 0 MAYOR -._.-__..MICROFILI1EO BY - t JORM MICR+LAB CEDAR RAPIDS DES MOINES I , 1983. i f , i i j: j i I , i RESOLUTION N0. _ RESOLUTION AUTHORIZING CONVEYANCE OF THE VACATED PORTION OF LUCAS STREET NORTH OF PAGE STREET. WHEREAS, the City of Iowa City, Iowa, entered into an Agreement with the Williams Group for relocation of a storm sewer and conveyance of the vacated portion of Lucas Street, and WHEREAS, the parties to that Agreement have fulfilled their obligations thereunder, and the City is now obligated to convey the vacated portion of Lucas Street. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL: I. That the Mayor and City Clerk are hereby authorized and directed to execute a quit claim deed conveying the vacated portion of Lucas Street to the Williams Group. It was moved by and seconded by the Resolution be adopted; and upon.roll call there were: AYES: NAYS: ABSENT: Balmer Dickson Erdahl Lynch McDonald -- Neuhauser Perret Passed.and approved this _ day of ATTEST: CITY CLERK 0 MAYOR -._.-__..MICROFILI1EO BY - t JORM MICR+LAB CEDAR RAPIDS DES MOINES I , 1983. i I i i I I i i I I I I i 1 .'N RESOLUTION N0. 83-292 RESOLUTION ACCEPTING THE WORK FOR THE BENTON STREET BRIDGE REPAIR PROJECT. WHEREAS, the Engineering Division has recommended that the improvements covering the Benton Street Bridge Repair Project as incluaea in a conzracz oezween tine uitiy OT Iowa W zy ana Cramer orucners Construction Com an of Des Moines, Iowa dated une ,'be accepted, and WHEREAS, maintenance bonds have been filed in the City Clerk's office, NOW THEREFORE, BE IT RESOLVED by the City Council of Iowa City, Iowa, that said improvements be hereby accepted by the City of Iowa City, Iowa. and seconded by Lynch ed, and upon roll call there were: I :r day of September , 1983 V Received & Approved By Tho Legal Department /of � ---------- .. ,- ..___MICROFILMEO BY-...- JORM MICRf LAS -CEDAR RdP105 • DESM01NE5 _i RESOLUTION NO. 83-293 RESOLUTION AUTHORIZING CONVEYANCE OF VACATED PORTIONS OF THE RIGHT-OF-WAY OF SUNSET STREET AND A FRONTAGE ROAD BETWEEN HIGHWAY 1 AND BRYN MAWR HEIGHTS PART 13. WHEREAS, the City of Iowa City did vacate portions of the right-of-way of Sunset Street and the frontage road between Highway 1 and Bryn Mawr Heights Part 13, as legally described below: Parcel 1: Commencing at the SW Corner of Section 16, T79N, R6W; thence N880 -58§E, 40.5 feet; thence N440 -443.'E 136.2 feet to a point on the northeasterly right of way line of Sunset Street and the point of beginning; thence northwesterly along said right of way line 124.7 feet on a 965.0 foot radius curve concave northeasterly; thence along said right of way line, N44° -59'W, 69.0 feet to a point on the southeasterly right of way line of Ashley Drive; thence N44°-33 3/4'E, 10.00 feet along the southeasterly line of Ashley Drive; thence S471 -234'E, 193.6 feet; thence S44°-44�'W 10.1 feet to the point of beginning. Said tract containing 2,387 square feet more or less. Parcel 2: Commencing at a concrete monument which is the southwest corner of Section 16, T79N, R6W, of the 5th P.M., Iowa City, Iowa, and the point of beginning; thence N2° -36'•10"E, 33.0 feet along the easterly line of -lot 18, Bryn Mawr Heights Addition Part Thirteen; thence N33' -07'-40"E, 67.3 feet along said easterly lot line to a point on the westerly right of way line of Sunset Street; thence southeasterly 15.38 feet along the westerly line of Sunset Street and a 1035.0 foot radius curve concave northeasterly; thence S220 -341-06"W, 16.94 feet; thence S34° -56'-00"W, 15.80 feet; thence southerly 40.40 feet along a 70.5 foot radius curve concave southeasterly; thence S20 -06'-0011W, 12.75 feet; thence N88° -58'-20"W, 20.78 feet to the point of beginning. Said tract containing 1767 square feet more or less. WHEREAS, the City Council has held two public hearings on August 30 and September 13, 1983, and published notice thereof, to elicit bids for said i vacated right-of-way and to establish the market value for same; and WHEREAS, a single purchase offer has been received for said property from j Bryn Mawr Heights Development Company of $10 for both parcels, with easements to be granted over the entirety of both parcels; and WHEREAS, Bryn Mawr Heights Development Company is the only adjacent property owner to said vacated right-of-way. i Ile f= 4 r. __.MICROF.IUIEDBY .._.' ' JORM MICR+LAB r • CEDAR RPPIDS - DES MOINES t 1 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY: 1. That the City agrees to convey the vacated portions of the right-of- way of Sunset Street and the frontage road between Highway 1 and Bryn Mawr Heights Part 13 described herein to Bryn Mawr Heights Development Company for $10 and the provision of a storm sewer easement over the entirety of the Sunset Street parcel and a sanitary sewer, gas and electric easement over the entirety of the frontage road parcel. 2. That the Mayor is authorized to sign and the City Clerk to attest a quit claim deed conveying said right-of-way to Bryn Mawr Heights Development Company. It was moved byBalmer and seconded by Dickson the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: Balmer Dickson Erdahl Lynch McDonald Neuhauser Perret CITY CLERK Received 6 APPIoved 6y She legal Departtne�= J .._-._...MICkO[ILMED BY....____._i...... JORM MICR+LAB l CEDAR RAPIDS •.DES MOINES (`, I ti ....,E +i I !!I 1 I h` r RESOLUTION NO. 83-294 RESOLUTION ADOPTING THE PREFERRED ALIGNMENT OF FOSTER ROAD BETWEEN DUBUQUE STREET AND OLD DUBUQUE ROAD. WHEREAS, the City Council of Iowa City has agreed that a roadway should be provided between Dubuque Street and Prairie du Chien Road south of I-80 and north of Whiting Avenue for the future development of this area; and WHEREAS, the City Council of Iowa City has agreed that a roadway should be provided between Prairie du Chien and Old Dubuque Road north of Highway 1 and south of I-80 for future development in that area; and WHEREAS, these roadways should act as trafficways for the immediate neighborhoods and should not provide a beltway across north Iowa City and should, therefore, be sufficiently offset at their intersections with Prairie du Chien Road; and WHEREAS, these roadways have been referred to as "Foster Road"; and WHEREAS, the construction of Foster Road will take place as development dictates. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: That the alignment of Foster Road shall follow that shown on Exhibit A, B, and C. It was moved by Balmer and seconded by Lynch the Resolution be adopted, and upon roll Call there were: AYES: NAYS: ABSENT: X i X Dickson X Erdahl X Lynch X k' 3 X Neuhauser _ 4 I I I r RESOLUTION NO. 83-294 RESOLUTION ADOPTING THE PREFERRED ALIGNMENT OF FOSTER ROAD BETWEEN DUBUQUE STREET AND OLD DUBUQUE ROAD. WHEREAS, the City Council of Iowa City has agreed that a roadway should be provided between Dubuque Street and Prairie du Chien Road south of I-80 and north of Whiting Avenue for the future development of this area; and WHEREAS, the City Council of Iowa City has agreed that a roadway should be provided between Prairie du Chien and Old Dubuque Road north of Highway 1 and south of I-80 for future development in that area; and WHEREAS, these roadways should act as trafficways for the immediate neighborhoods and should not provide a beltway across north Iowa City and should, therefore, be sufficiently offset at their intersections with Prairie du Chien Road; and WHEREAS, these roadways have been referred to as "Foster Road"; and WHEREAS, the construction of Foster Road will take place as development dictates. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: That the alignment of Foster Road shall follow that shown on Exhibit A, B, and C. It was moved by Balmer and seconded by Lynch the Resolution be adopted, and upon roll Call there were: AYES: NAYS: ABSENT: X Balmer X Dickson X Erdahl X Lynch X McDonald X Neuhauser _ X Perret Passed and approved this 13th day of September , 1983. e MAYOR ATTEST: �YIA� J °Ka kl Rwelved & Approved CITY CLERK By The Legal D !parhnent ,Zjp� q�H 8 __ ...... ......._.MICROF.IL14E0_aY- JORM,MICR+LAB CEDAR RKPIOS • DES MOINES ` f .. j i t� S i __ ...... ......._.MICROF.IL14E0_aY- JORM,MICR+LAB CEDAR RKPIOS • DES MOINES ` + � I `� r_ -'y. ril:-- '11• 101 11 .I ', l II ' v .. I SA du Act im Cem (B0) ,. �I III;If1 r/h'I �.r I- '.`I, + , •P II I Irq H � ' '\ j,+� � ''� I 11 'II � A\�. \ II �' \. ♦ I`III�I ' '' <. 0I_n ! •f I,n !h lr r( .'/ I. i 11/�' 1 II \\�`. �) I t1 � ` r ` \,' `1.1 I I \ � I �_' I ( r�. r:, J +r •, •: 111 \ r D' &Z IP. Y ..11 i%I�i;7�111 �r\7�II ' •.:I I I • \1}. _5„\ ''Er �• ^�\'y1 \1\;' '4 i Ir I ..1 I I(�Ip`1\1 \r .Q ll ?Oz _OJQ ••�.I 11I, 1 1 `\\ \\`� ll. •I' I L.I1�l. 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I +\-�� I�•� 1_ �. • li�• � • 1.. 1.. / rll jjjj li )1 � _�// ,I/ I:! ,y f 1 + I� [ I I SQ.. III,K rr I I ^7bp � I •_.II r' T 1I � � I r 1 L 11..' 1(, �[j�f •,II' � ,/ 1, (1 r� n.'IQ I+ „/.. 11 .%i 1�1 CH II`' I$T�' _I ,.+ •Il l�(11.,/, !n'li ll`'• f Regi 11 ....� }} /f �y' { / ��•� Man Cl (High r - I + ZILGA EN �Rr I �I— II ST \.II ..2i \`�_II V` I ' I I .!I'\' J�•: �; o +,IL' �1 I •Ji j / j ��'' �).• J11: byO• �'! ���- .. �lO L. 1J��1~',)fL� _ ��i: �_Nl__ :J_L p_I�=-=• �`�!'.� P .',� r ���.. �I , . .ii 1� r:.. Y=,i1 -i:. Icy�l� ( I 11 Stati os it ,,•:f I I g. tr J 1■�(Cln all �g 1 T miniE/EFFIE�s N. — ._. ■ • ._ 11 I_I_II c '' iV S , �`1•I�'[yl I� br (i rr, ...,,141CROFILRED JORM M CEDAR RXPIDS . . . . . . . . . . . 5.t I x T PRAIRIE DU biIEN FT 7-T7 I FO 5,'r4 ...,,141CROFILRED JORM M CEDAR RXPIDS . . . . . . . . . . . 5.t I x T PRAIRIE DU biIEN r RESOLUTION NO. 83-295 / RESOLUTION OPENING DEDICATED STREET RIGHT-OF-WAY LOCATED SOUTH OF HAYWOOD DRIVE FOR USE AS A PUBLIC STREET AND NAMING SAID STREET ANDOVER DRIVE. WHEREAS, Haywood Bell of the Amerex Corporation has submitted a request to open a previously unimproved section of dedicated right-of-way, which right-of-way extends south from Haywood Drive 112'8"; and WHEREAS, the Planning & Zoning Commission has examined the proposal to open said right-of-way for use as a public street and has recommended approval of same; and WHEREAS, the applicant has proposed that said public street be named Andover Drive; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: 1. That the existing dedicated street right-of-way extending south 112'8" from Haywood Drive is hereby open for use as a public street, provided that said street will be constructed in accordance with the approved design standards for public works improvements. 2. That said street is hereby named Andover Drive. It was moved by McDonald and seconded by Balmer the Resolution be adopted, and upon roll call there were: i AYES: NAYS: ABSENT: I X Balmer X Dickson 1 X Erdahl X Lynch X McDonald X Neuhauser X Perret Passed and approved this 13th day of Se9tenber 1983. MAYOR ATTEST: PIL24,t_4. ei -1S • -'r&A- ) CITY CLERK Received & Approved By The Legal Department q t JORM MICF1+LA8 -CEDAR RAPIDS • DES MOINES ((( 1 f{` 1 IS City of Iowa Cit` MEMORANDUM Date: August 26, 1983 To: Planning & Zoning Commission / From: Bruce A. Knight, Planner � Re: Requested Street Opening/ ' A request was submitted to the City Council by Haywood Bell of the Amerex Corporation to open a dedicated street right-of-way which has never been improved for street purposes. This request was subsequently referred to the Planning & Zoning Commission for review and recommendation. The requested action is necessitated by a legal opinion (see attached memo) which resulted from a Board of Adjustment case early this year. In summary, the memo states that City Council approval is required to open dedicated right-of-way. In the case in question, the right-of-way was dedicated to the county and came under city jurisdiction upon the annexation of this area. It does not appear that opening the right-of-way will result in any problems for the City or surrounding property owners and staff would therefore recommend that the right-of-way opening be approved. bdw5/5 .__. ...! .... 191CROFILMED.DY,..___--:P.. jORM MICR+LAB } •CEDARRAPIDS • DES MOINES +1 J N 'City of Iowa Cit, Date: February 11, 1983 To: Iowa City Board of Adjustment From: Richard J. Boyle 116 - Re: Appeal of Casey Mahon (No. V-8303): Opening of Streets and Alleys Mike Furman has obtained a building permit for an eleven unit apartment house on property at 204 McLean Street in Iowa City. Among other things, the plot plan submitted with the building permit application shows that all required parking would be located in the rear of the property with access via a platted and dedicated, but unopened alley. The land upon which the alley is to be located is, in part, a ravine. It is my understanding that the builder intends to fill the ravine to the extent necessary to provide access to the property in question. Casey Mahon, a neighbor, has appealed the issuance of the building permit and has alleged, among other things, that the required parking is, in fact, inaccessible because the alley is a ravine. That contention raises the following issue: ISSUE May an abutting property owner "open" a platted and dedicated alley without City Council authorization? CONCLUSION City Council approval is required before a dedicated alley may be opened. DISCUSSION Iowa Code (1981) section 364.12 provides, in part, as follows: "(2) A city is responsible for the care, supervision, and controlof public grounds, streets, sidewalks, alleys, bridges, culverts...; and the city shall keep all public ways open, in repair, and free from nuisance...." Iowa Code section 364.2(1) provides that the power of a city is vested in its city council except as otherwise provided by law. Section 364.3(1) provides that a city council shall exercise a power only by the passage of a motion, a resolution, an amendment, or an ordinance. A city has plenary power to open, widen and keep open and free from obstruction, all streets and alleys. Vien v. Harrison County, 209 Iowa 580, 228 N.W. 19. That power to open streets is dTscretionary, and a city. is under no duty to open a street unless the proper body regards it as _...___.MICROFILMED. BY.......:._ _(' JORM MICR+LAEI [ -CEDAR RAPIDS DES MOINES I FA necessary. Tott v. Sioux City, 261 Iowa 677, 155 N.W.2d 502, 505. In that case, the court said at p7_50-5): A city may "establish" or "lay off" streets or accept a dedication of streets to the public without being required to open them to the public upon request. Cities must be able to intelligently plan their streets for future needs. Plats may be necessary long before public need demands the opening of a street. "We have said repeatedly that many streets in new plats were dedicated with no serious thought of their immediate improvement or extensive use, but largely to accommodate future needs." ...The city council has just as much discretion in determining whether public necessity requires that a street be opened as it does in exercising any of the other enumerated powers. In response to a contention that abutting property owners have a special right in a street, the court said (at p. 506): "This is true where a street has been opened and used.... No special rights are acquired until the street. has been opened and used by the property owner." Stom V. C of Council Bluffs, 189 N.W.2d 522 (Iowa) was an eminent domain case involving plaintiff's claim for damages for loss of access caused by street improvements which cut off all access to plaintiff's property. The improvement cut off his use of an unimproved but dedicated street. The court (at p. 526) noted that the question was not the same as that presented in the Tott case, although some language in Stom may be inconsistent with language in Tott. The specific question involved in this matter is, however, somewhat different because the property owner intends to do the improvement (i.e., the opening). There do not seem to be any Iowa cases on this point. However, McQuillen, in sec. 30.57, says: "Abutters have no right, without municipal authority, to change the grade of a street, notwithstanding the fact that the street is thereby widened and made more suitable for travel." That statement appears to be consistent with the general rule that cities have plenary power with respect to the opening, widening and keeping open streets. In the instant matter, filling the ravine would clearly change the grade of the alley. . MICR __,J��,........_.-.. OFILMED..BY._._.-..,_-..� JORM MICR+LAB -CEDAR RPPIDS • DEC MOINES I I RLOVED AUG 1 1983 To City Council: We are in the process of planning a new 27 unit apartment building southwest of the cul-de-sac at the west end of Haywood Drive. In order to pro- vide vehicular access to the parking area we request that the council open up 11218" of the new street south of Haywood Drive. This new street will be constructed 251-0" wide to match the width of Haywood Drive in accordance with the design standards for public works improvements. We would also like for the council to officially name this new street "Andover Drive". This new street will also tie into an existing parking lot and provide better vehicular ciriculation from and to an existing parking lot. Your prompt action to these requests will be appreciated. Ra d Belle Amerex Corporation I i I' 1 i. I w ...,. ....._._. MICROFILMED BY.. . l JORM MICR+LAO ` MOINES • CED.. RPPIDS+ DES ` I )f ;OLUTION NO. 83-297 ' RESOLUTION AUTHORIZING FILING OF NOTICE OF INTENTION TO ACCEPT URBAN RENEWAL REDEVELOPMENT PROPOSAL (HOTEL) WHEREAS, the City of Iowa City has solicited bids for the construction of a hotel on Block 64 and adjacent property in downtown Iowa City, and, WHEREAS, the City has received a proposal from a predecessor in interest of Mid - City Hotel Associates - Iowa City, a sole proprietorship, owned by Dr. Harry A. Johnson, Jr., which proposal is now with the City's approval being made under the name of Mid -City Hotel Associates - Iowa City, and, WHEREAS, the City and the redeveloper, Mid -City Hotel Associates - Iowa City, have reached tentative agreement on the terms of the redevelopment contract, a copy of which is attached, and, WHEREAS, pursuant to Section 403.8 of the Code of Iowa the City wishes to file a notice of its intention to accept the redevelopment proposal by Mid -City Hotel Associates - Iowa City. NOW, THEREFORE, BE IT RESOLVED as follows: 1. That the City Manager be and he is hereby directed to file with the City Clerk a copy of the attached contract, which contract as well as this resolution shall serve as a notification of the City's intention to accept the redevelopment proposal of Mid -City Hotel Associates - Iowa City, all as set out in the attached redevelopment contract. This notification is pursuant to the provisions of Section 403.8(2) of the Code of Iowa. 2. That following 30 days from the date of the adoption of this resolution and its official filing with the City Clerk, the City intends to accept the redevelopment proposal and execute the attached contract. The City does, however, reserve the right to amend the attached contract if circumstances make the same necessary. It was moved by Lynch and seconded by nickcon that the foregoing Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: _IL_ Balmer x Dickson X Erdahl X Lynch X McDonald x Neuhauser X Perret Passed and approved this 13th day of Sep miw , 1983. ATTEST:4� CI11y CLERK __... _..._._:..MICROFILM6 aY.,.------- i. JORM MIC R(�LAB CEDAR RAPIDS •DES MOINES , Part I of CONTRACT FOR SALE OF LAND FOR PRIVATE REDEVELOPMENT By and Between Mid -City Hotel Associates - Iowa City, A Sole Proprietorship and The City of Iowa City, Iowa for Parcel 64-1b IIICR0F1.11ED DY.__ .-.I_.... t JORM MICR+LA6 CEDAR RAPIDS • DES MOINES I I. I d,. 1� Part I of CONTRACT FOR SALE OF LAND FOR PRIVATE REDEVELOPMENT By and Between Mid -City Hotel Associates - Iowa City, A Sole Proprietorship and The City of Iowa City, Iowa for Parcel 64-1b IIICR0F1.11ED DY.__ .-.I_.... t JORM MICR+LA6 CEDAR RAPIDS • DES MOINES I I. i 1 I M l C CONTRACT FOR SALE OF LAND FOR PRIVATE DEVELOPMENT AGREEMENT, consisting of this Part I and Part II annexed hereto and made a part hereof (which Part I and Part II are together hereinafter called "Agreement"), made on or as of the , by and between the City of Iowa City, Iowa a public body corporate (which, together with any successor public body or officer hereafter designated by or pursuant to law, is hereinafter called the "City"), established pursuant to the statutes of the State of Iowa pertaining to Municipalities, Cities, Towns, and particularly Chapter 403 of the Code of Iowa as amended (hereinafter called "Urban Renewal Act") and having its office at the Civic Center in the City of Iowa City, State of Iowa, and Mid -City Hotel Associates - Iowa City (a sole proprietorship, owned by Dr. Harry A. Johnson, Jr.) (hereinafter called "Redeveloper") and having an office for the transaction of business at Suite 213, 5217 Wayzata Boulevard, St. Louis Park, Minnesota 55416. WITNESSETH: WHEREAS, in furtherance of the objectives of the Urban Renewal Act, the City has undertaken a program for the clearance and reconstruction or rehabilitation of slum and blighted areas in the City, and in this connection is engaged in carrying out an urban renewal project (hereinafter called "Project") in an area (hereinafter called the "Project Area") located in the City; and WHEREAS, as of the date of this Agreement there has been prpeared and approved by the City an urban renewal plan for the Project, consisting of the Urban Renewal Plan, dated September 3, 1969, by Resolution No. 2157, as amended from time to time and as it may hereafter be further amended pursuant to law (as to constituted, is unless otherwise indicated by the context, hereinafter called "Urban Renewal Plan"), and WHEREAS, a copy of the Urban Renewal Plan as constituted on the date of the Agreement has been recorded among the land records for the place in which the Project Area is situated, namely, in the Office of the Johnson County Recorder in Book 558, at page 40, and has been filed in the Office. of the Clerk of the City located at the Civic Center in the City, and WHEREAS, in order to enable the City to achieve the objectives of the Urban Renewal Plan and particularly to make the land in the Project Area available for redevelopment by private enterprise for redevelopment in accordance with the Urban Renewal Plan, both the Federal Government and the City have undertaken to provide and have provided substantial aid and assistance through a Contract for Loan and'Lapital Grant dated September 2, 1970, in the case of the Federal Government; and WHEREAS, pursuant to Chapter 403, Code of Iowa as amended, the City has offered to sell and the Redeveloper is willing to purchase certain real property located in the Project Area and more particularly described in Schedule A annexed hereto and made a part hereof (which property as so described is hereinafter called "Property") and to redevelop the Property for and in accordance with the uses specified in the Urban Renewal Plan and in accordance with the Agreement; and S 1 __.I1ICROFIWED..aY._._.__i. ..; JORM MICR¢LAB CEDAR RM 05 • DE: MOINES j /eSo WHEREAS, the City believes that the redevelopment of the Property pursuant to the Agreement, and the fulfillment generally of the Agreement, are in the vital and best interests of the City and health, safety, morals, and welfare of its residents, and in accord with the public purposes and provisions of the applicable Federal, State, and local laws and require- ments under which the Project has been undertaken; and WHEREAS, the City has acquired title to certain property described in Schedule A hereof; NOW, THEREFORE, in consideration of the premises and the mutual obliga- tions of the parties hereto, each of them does hereby covenant and agree with the other as follows: SECTION 1. SALE: PURCHASE PRICE Subject to all terms, covenants, and conditions of the Agreement, the City will sell the property described in Schedule A hereof to the Redeveloper for, and the Redeveloper will purchase the property from the City and pay therefor, the amount set forth 'in Schedule B hereof, subject to the terms and conditions of Section 2 of this Agreement. The amount set forth in Schedule B, hereinafter called "Purchase i Price," is to be paid in cash or by certified check simultaneously with the delivery of the deeds conveying the property to the Redeveloper. SECTION 2: CONVEYANCE OF PROPERTY (a) Form of Deed. The City shall convey to the Redeveloper title to the property by Special Warranty Deed (hereinafter called "Deed"). Such conveyance and title shall, in addition to the condition subsequently provided for in Section 704, Part II, hereof, and to all other conditions, covenants, and restrictions set forth or referred to elsewhere in the Agreement be subject to: (1) Such easements as it shall have been necessary, pursuant to the Urban Renewal Plan, for the City to reserve, for itself or for —future—dedication or grant, for sewers, drains, water and gas distribution lines, electric, telephone, and telegraph installations, rights-of-way and access, or as described or referred to in Schedule A, description of property, attached hereto and referenced as a part hereof; (2) All conditions, covenants and restrictions contained in said Urban Renewal Plan and Part I and II of this Contract. (b) Time and Place forDelivery of Deeds. The City shall deliver the Deed and possession of the property to the Redeveloper upon payment of the purchase price in full upon such dates as called for in this Agreement. Conveyance shall be made at the principal office of the City and the Redeveloper shall accept such conveyance and pay to the City at such time and place the purchase price in full for each parcel delivered. I-2 I8s--0 MICROFILMED BY.... _.__...�.. _ JORM MICR+LAB -CEDAR RAPIDS • DES MOINES I (c) Recording of Deeds. The Redeveloper shall promptly file the Deed for recording among the land records of Johnson County, Iowa. The Redeveloper shall pay all costs for so recording said Deed. This Contract for Sale of Land for Private Redevelopment shall also be recorded at the Johnson County Recorder's Office. Upon recording of the Deed, the real property herein described shall be deemed taxable real estate under Iowa property tax law. Further, the Redeveloper shall be responsible for all such property taxes from the date of recording of this contract of Sale of Land for Private Redevelopment. In the event legal title is not delivered to the Redeveloper, parties agree that said taxes will be pro -rated between the Redeveloper and the City between applicable date of possession and the date of termination or expiration of this contract. Such contract shall not be recorded until such time as all contingencies are satisfied relative to financing. (d) Delivery of the Abstract. The City will furnish to the Redeveloper in advance of the closing on the parcel, an abstract of title showing good marketable title in the City of Iowa City, Iowa, free and clear of all taxes, assessments or other encumbrances except as herein specified. The abstract of title shall be at City expense and will be certified by a qualified abstracting company to the close of business as the closest practical date prior to the date of the deed of conveyance. The cost of obtaining an attorney's examination of the abstract for title opinion and/or the cost of obtaining title insurance, if required, shall be at the expense of the Redeveloper. (e) Delivery of Property. The City will deliver the property described in Schedule A hereof at the time set forth in Schedule C hereof. The Redeveloper agrees to pay for and accept title of such property as called for in this Agreement and agrees to begin development promptly on the property conveyed within the time called for in this Agreement. Failure by the Redeveloper to pay for and accept delivery of the urban renewal land as called for herein will result in forfeiture of the deposits posted with the City by the Redeveloper attributable to such property, without limiting the City as to other remedies against the Redeveloper. In the event the City is unable to deliver the property as called for in Schedule C to the Redeveloper, the Redeveloper shall have the option of rescinding the development contract by causing a written notice to be served upon the City of the,eAercise of such option. Upon receipt by the City of this notice, the City shall have sixty (60) days to cure the default by tendering the property covered in the notice to the Redeveloper. If the City is unable to cure the default within the sixty (60) days as provided herein, the Redeveloper shall, at its option, stand relieved of its obliga- tion to accept the parcel involved and the City shall, in such event, promptly refund the Redeveloper's good faith deposit, referred to in Section 3 hereof. It is expressly understood and agreed that the City shall have no other liability, direct or indirect, to the Redeveloper on account of delay or inability to I-3 /1.so + s•. ._._ MICROFILMEO BY . l JORM MICR+LAB I 4 •CEDAR RXP!OS • DE' MOINES f Ij f I 1 1. . deliver land to the Redeveloper as called for in this Agreement and the Redeveloper's remedy in the event of default by the City in delivery of urban renewal land is hereby specifically limited to rescinding the contract as to such land as provided in this paragraph. (f) Default by Developer. In the event the Redeveloper fails to accept delivery of and pay for the property described herein, as called for in this Agreement, the City may, at its option, call the entire Agreement in default, serve a proper notice of forfeiture upon the Redeveloper, and terminate this Agreement in its entirety. (g) Condition Precedent to Conveyance. The City's obligation to convey to the Redeveloper title to the property described herein is subject to the condition precedent concerning financing as set forth in Schedule C hereof. SECTION 3. GOOD FAITH DEPOSIT (a) Amount. The Redeveloper has, prior to or simultaneously with the execution of the Agreement by the City, delivered to the City a good faith deposit in the amount of Five Thousand Dollars ($5,000.00), a certified check satisfactory to the City in the amount of Five Thousand Dollars ($5,000.00), hereinafter called "Deposit," a security for the performance of the obligations of the Redeveloper to be performed prior to the return of the Deposit to the Redeveloper, or its retention by the City as liquidated to the Redeveloper, or its retention by the City as j liquidated damages, as the case may be, in accordance with the Agreement. The Deposit, certified check, shall be deposited in an account of the City in a bank or trust company seelected by it. (b) Interest. The City shall be under no obligation to pay or earn interest on the Deposit, but if interest is payable thereon, such interest when received by the City shall be promptly paid to the Redeveloper. (c) Retention by City. Upon termination of the Agreement as provided in Sections 703 and 704 of Part II hereof, the Deposit or the proceeds of the Deposit, if not heretofore returned to the Redeveloper pursuant to Paragraph (d) of this Section, including all interest payable to such Deposit or the proceeds thereof after such termination, shall be retained by the City Agency as provided in Sections 703 and 704 of Part II hereof. (d) Return to Redeveloper. Upon issuance of both Certificates of Completion as called for in Section 305 of Part II hereof, or upon termination of the Agreement as provided in Section 702 of Part II hereof, the Deposit shall be returned to the Redeveloper by the City. I-4 14f50 _.. _.....141CROPILMEO_aY 1 JORM MI'CR¢LAEI ? . CEDAR RAPIDS • DES MOINES SECTION 4, TIME FOR COMMENCEMENT AND COMPLETION OF 1I4PROVEMENTS The construction Improvements called commenced and compled inaccordance with�sSchedulen shallbet D hereof. SECTION 5. TIME FOR CERTAIN OTHER ACTIONS (a) Time for Submission of Construction Plans. The Redeveloper shall submit construction plans as called for in Section 301 of Part II of this Agreement as soon as possible subsequent to the time for conveyance set forth in Schedule C hereof. (b) Time for Submission of Corrected Plans. In the event that Preliminary Design Plans or Construction Plans are rejected by the City, as set forth in Section 301 of Part II of this Agreement, the Redeveloper shall submit corrected plans within thirty (30) days of said rejection. (c) If any hardship shall exist in complying with the foregoing provisions of this Section the Redeveloper may petition to the City in writing for an extension of time for performance of any part of this Section, setting forth in detail the reasons for needing such extension. SECTION 6. PERIOD OF DURATION OF COVENANT ON USE The covenants pertaining to the use of the Property, set forth in j Paragraph (a) of Section 401 of Part II hereof, shall remain in effect from the date of the Deed until October 2, 1994, the period specified or referred to in the Urban Renewal Plan, and shall automatically extend for five year periods thereafter, unless changed by the City Council. SECTION 7. NOTICES AND DEMANDS A notice, demand, or other communication under the Agreement by either party to the other shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, or delivered personally, and (i) in the case of the Redeveloper, is addressed to or delivered personally to the Redeveloper at 5217 Wayzata Boulevard, Suite 213 St. Louis Park, Minnesota 55416 AND I-5 JORM MICR+LAB r -CEDAR RAPIDS • DES MOINES I i __ 1 _t in the case of the City, is addressed to or delivered to the: personally City Manager r Civic Center , 410 E. Washington St. Iowa City, Iowa 52240 Or at such other address with respect to either such party as that may, from time to time, designate in writing and,forward to the other as provided in this Section. SECTION 8. COUNTERPARTS The eement shalle onstitute oneecuted and he same re each of which strumentsterparts, SECTION 9. DEPOSIT AND FINANCING FEES FOR INDUSTRIAL REVENUE BONDS Fees will be determined I at time of issuance of the Industrial Revenue Bonds - Sale of these Bonds at acceptable proposal. rates is a condition of this # SECTION 10. SUBMISSION OF DETAILED FINANCIAL ` INFORMATION The er upon ea lierholr later trequestto the CofythenCitbeforeJanuar 1 p q Y 1983, or information ci necessary to support the issuance of i dus the riellredvehuebonds and/or for the submission of an application to the Urban Development Action Grant program. ; I. I I _ I-6 _ I /fsd ".: .. .. I,.._.._...NILRDFILMEO BY BY,_... ._�.. JORM MICR+LA9 ' • CEDAR RAPIDS • DE: MOINES i � 1 _ 11 IN WITNESS WHEREOF, the City has caused the Agreement to be duly executed in its name and behalf by its Mayor and its seal to be hereunto duly affixed and attested by its City Clerk, and the Redeveloper has caused the Agreement to be duly executed in its name and behalf by its Joint Venturer Partners, on or as of the day first above written. ATTEST: CITY OF IOWA CITY, IOWA CITY CLERK BY: MAYOR STATE OF IOWA ) COUNTY OF JOHNSON ss On this day of before me, a Notar Public duly commissioned and qualified in and fob said County and State, personally appeared Mary C. Neuhauser, Mayor of the City of Iowa City, Iowa, and Marian Karr, City Clerk of said City, each being to me personally known to be the identical persons and officers named in the foregoing instrument, who executed the same under and by virtue of the authority vested in them by the City Council of said City, and each for himself/herself acknowledged the execution thereof to be his/her voluntary act and deed for purposes herein expressed. STATE OF IOWA ) Mid -City Hotel Associates - Iowa City COUNTY OF JOHNSON ) ss BY: Harry A. Anderson, Jr. Sole Proprietor On this day of Notary Public duly commissioned and qualified in and forbefore —said said County Band State, personally appeared Harry A. Johnson, Jr., City Hotel Associates - Iosole proprietor of Mid - personally City, personally known to be the identical person named in the foregoing instrument who executed the same under and by virtue of the authority vested in him, and for himself acknowledged the execution thereof to be his voluntary act and deed for purposes herein expressed. IN TESTIMONY WHEREOF, I have hereunto set my hand and Notarial Seal at Iowa City, Iowa, the day and year last above written. Notary Public in and for the State of Iowa I-7 ., .. _..141CROFILME6 DY_. JORM MICR+LAB I i -CEDAR RAPIDS • DES MOINES i i 14511 I i f. f I PARCEL NO. 64-1b ■ SCHEDULE 8 PRICE OFFERED I-9 � _ .__MICROFIUIED.BY.... t` DORM MICR+LAB, I •CEDAR RAPIDS • DES MOINES I PRICE $198,000 SCHEDULE C TIME FOR CONVEYANCE PARCEL NO. DATE 64-1b On or before February 1, 1984 This Contract is subject to the obtaining of satisfactory financing arrangements via Industrial Revenue Bonds financing or General Obligation Bonds. In the event such financing is not obtained all sums tendered under this contract shall be refunded. i i j i i i i 3 a I I i I-10 i .. .!. ,.MICROFILMED BY..-. _._�.... JORM MICR(�LAB l •CEDAR R�PJDS • DE: MOINES j SCHEDULE D Improvements on the parcel listed below will commence and be completed in accordance with the following schedule: PARC No 64-1b .:40 COMMENCEMENT COMPLETION On or before 3/1/84 9/1/85 ____,.MICR0FILMED .BY_.__:__..J. ` JORM MICR+LAB 4 • CEDAR R41DS • DES MOINES 12 I j I J I SCHEDULE D Improvements on the parcel listed below will commence and be completed in accordance with the following schedule: PARC No 64-1b .:40 COMMENCEMENT COMPLETION On or before 3/1/84 9/1/85 ____,.MICR0FILMED .BY_.__:__..J. ` JORM MICR+LAB 4 • CEDAR R41DS • DES MOINES 12 I Part II of CONTRACT FOR SALE OF LAND FOR PRIVATE REDEVELOPMENT By and Between A Joint Venture Composed of Vernon R. Beck & Mid -City Hotel Associates and The City of Iowa City, Iowa for Parcel 64-1b _. _.MICROFILMED BY .__ .. JORM MICR�LAB I CEDAR R61D5 •DEC MOINES 1 R ARTICLE^ PREPARATION OF PROPERTY FOR RF"''ELOPMENT SECTION 101. DEMOLITION AND SITE CLEARANCE. It is agreed that the City shall this agreement AS IS (except that the City shall convey and the redeveloper shall accept the property set forth in Schedule A of remove the pavement of the existing parking lot and improvements on City Plazaprior to the Redeveloper's obligation to commence construction or through mutual agreement by the City and the redeveloper) and it is expressly agreed that the City makes no warranty, express or implied, regarding subsurface conditions and that the City shall have no liability for any damages arising from subsurface conditions. It is further agreed that any contracts or specifications for site demolition and clearance which may have been examined by the redeveloper were examined for information purposes only, and that the City shall assume no liability for any defects or variance from the specifications for work previously completed. SECTION 102. CITY'S RESPONSIBILITIES FOR CERTAIN OTHER ACTIONS. The City, without expense to the Redeveloper or assessment or claim against the property, shall cause the restriction of traffic and construction of public improvements on existing street rights-of-way, and the construction of parking structures as specifically set forth in the Urban Renewal Plan. rhe City reserves the right to make future modifications to the traffic circulation system and to the public improvements when such changes are deemed necessary and in the public interest. SECTION 103. WAIVER OF CLAIMS AND JOINING IN PETITIONS BY REDEVELOPER. The Redeveloper hereby waives (as the purchaser of the Property under the Agreement and as the owner after the conveyance of the Property provided for in the Agreement) any and all claims to award of damages, if any, to compensate for the Closing, vacation, restriction, change of restriction or change of grade of any street, alley, or other public right-of-way within or fronting or abutting on, or adjacent to, the Property which, pursuant to Section 102 hereof, is to be closed or vacated, or the grade of which is to be changed, and shall upon the request of the City subscribe to, and join with, the City in any petition or proceeding required for such vacation, dedication, change of grade, and, to the extent necessary, rezoning, and execute any waiver or other document in respect thereof. This paragraph shall not be construed, however, as relieving the City from between the liability and responsibility for performance of written agreements entered into construction and City ai maintenance ond the feanlalley toer rthe east ofs sthe hoteparking, and the ARTICLE II. RIGHTS OF ACCESS TO PROPERTY SECTION 201. RIGHT OF ENTRY FOR UTILITY SERVICE. The City reserves for itself, the City, and any public utility company, as may be appropriate, the unqualified right to enter upon the Property at all reasonable times for the purpose of reconstructing, maintaining, repairing, or servicing the public utilities located within the Property boundary bines and provided for in the easements described or referred to in Paragraph hereof. 9 ph (a), Section 2, of Part I SECTION 202. REDEVELOPER NOT TO CONSTRUCT OVER UTILITY EASEMENTS. on, over, Redeveloper shall not construct any building or other stlines o ructure or improvemeThe nt described or r referred within tto iinhe uParagraph (1), Section 2 of Part easment for Iuhereof, blic Iunless such construction is provided for in such easement II -1 AM 4 �_.. .-...._141CRDFIL,ED.DY. i DORM MICR#LAB { { •CEDAR RAPIDS • DES 1401NES 1 or has been approved in writing by the City Engineer, or the authorized representative of an affected public utility. SECTION 203. ACCESS TO PROPERTY. Prior to the conveyance of the Property by the Clty to Che Redeveloper, the City shall permit representatives of the Redeveloper to have access to any Property to which the City holds title, at all reasonable times for the purpose of obtaining data and making various tests concerning the Property necessary to carry out the Agreement. After the conveyance of the Property by the City to the Redeveloper, the Redeveloper shall permit employees, agents or representatives of the City access to the Property at all reasonable times for the purposes of the Agreement, including, but not limited to, inspection of all work being performed in connection with the construction of the Improvements. No compensation shall be payable nor shall any charge be made in any form by any party for the access provided for in this Section. ARTICLE III. CONSTRUCTION PLANS; CONSTRUCTION OF IMPROVEMENTS; CERTIFICATE OF COMPLETION SECTION 301. PLANS FOR CONSTRUCTI0N OF IMPROVEMENTS. Whenever used in Chis Agreement, Che term preliminary design p ons shall include a site plan and preliminary plans for Improvements which clearly show the size, location, and external appearance of any structures, along with such other information as is necessary to determine the intentions of the Redeveloper. These documents have been prepared by the City architect and will be utilized and accepted by the Redeveloper as an integral part of the Redeveloper's offer. The term "construction plans" shall mean all plans, specifications, drawings, or other information required to be submitted for issuance of any permit called for by applicable codes and ordinance subsequent to the designation of the Redeveloper. The term "Improvements" as used in this Agreement, shall be deemed to make reference to any buildings, structures, renovations, or other improvements as provided for and specified in this Agreement, preliminary design plans, and construction plans. The Redeveloper shall, prior to the construction of the Improvements called for in this Agreement, submit for approval by the City Council construction plans, and such other information as is necessary for the City Council to determine the intentions of the redeveloper. Approval of such construction plans by the City Council shall in no way relieve the Redeveloper of the responsibility for obtaining all required permits and otherwise fully complying with all applicable state and local codes and ordinances. Following approval of the construction plans by the City Council, the Redeveloper shall obtain all permits required by applicable City codes and ordinances. All work with respect to the Improvements to be constructed or provided by the Redeveloper on the property shall be in conformity with the preliminary design plans and construction plans as approved by the City Council. SECTION 302. CHANGES Ill CONSTRUCT]ON PLANS. If the Redeveloper desires to make any changes In the construction p ans after their approval by the II -2 peso 4 ' ._._._.MICROFILMED aY. _.. .. _�. t JORM MICR+LAB CEDAR R�P1DS OEC MOINES i City Council, the Redeveloper shall submit the proposed change to the City Council for its approval. Changes in construction plans as defined herein, may be approved by the Department of Housing and Inspection Services, provided that such changes will not cause the Improvement to be constructed in a manner not consistent with the preliminary design plans as approved by Council. SECTION 303. COMMENCEMENT AND COMPLETION OF CONSTRUCTION OF IMPROVEMENTS The Redeveloper agrees for itself, its successors and assigns, and every successor in interest to the Property, or any part thereof, and the Deed shall contain covenants on the part of the Redeveloper for itself and such successors and assigns, that the Redeveloper,and such successors and assigns, shall promptly begin and diligently pursue to completion the redevelopment of the Property through the construction of the Improvements thereon, and that such construction shall in any event be begun within the period specified in Section 4 of Part I hereof and be completed within the period specified in such Section A. It is intended and agreed, and the Deed shall so expressly provide, that such agreements and covenants shall be covenants running with the land and that they shall, in any event, and without regard to technical classification or designation, legal or otherwise, and except only as otherwise specifically provided in the Agreement itself, be, to the fullest extent permitted by law and equity, binding for the benefit of the community and the City and enforceable by the City against the Redeveloper and its successors and assigns to or of the Property or any part thereof or any interest therein. SECTION 304. PROGRESS REPORTS. Subsequent to conveyance of the Property, or any part thereo , to the Redeveloper, and until construction of the Improvements has been completed, as set forth in Section 305 hereof, the Redeveloper shall make reports, setting forth the status of Improvements, construction schedule, and such other information as may reasonably be requested by the City, as to the actual progress of the Redeveloper with respect to such construction. SECTION 305. CERTIFICATE OF COMPLETION. (a) Within thirty (30) days after completion of the Improvements in accordance with thoseprovisions of the Agreement relating solely to the obligations of the Redeveloper to construct the Improvements (including the dates for beginning and completion thereof), the City i will furnish the Redeveloper with an appropriate instrument so certifying. Such certification by the City shall be (and it shall be so provided in the.Deed and in the certification itself) a conclusive determination of satisfaction and termination of the agreements and covenants in the dates for the beginning and completion thereof: Provided, that if there is upon the Property a mortgage insured, or heeTd or owned, by the Federal Housing Administration and the Federal 1 Housing Administration shall have determined that all buildings constituting a part of the Improvements and covered by such mortgage are, in fact, substantially completed in accordance with the plans and are ready for occupancy, then, in such event, the City and the Redeveloper shall accept the determination of the Federal Housing Administration as to such completion of the construction of the I1-3 4 .. MICROFILMED BY JORM MICR+LAB J CEDAR RAPIDS • DE= MOINES ■ Improvements in accordance with the plans, and, if the other agreements and covenants in the Agreement obligating the Redeveloper in respect of the construction and completion of the Improvements have been fully satisfied, the City shall forthwith issue its certification provided for in this Section. Such certification and such determination shall constitute evidence of compliance with or satisfaction of any obligation of the Redeveloper to any holder of a mortgage, or any insurer of any mortgage, securing money loaned to finance the Improvements, or any part thereof. (b) With respect to such individual parts or, parcels of the Property which, if so provided in Part I (Schedule D) hereof, the Redeveloper may convey or lease as the Improvements to be constructed thereon are completed, the City will also, upon proper completion of the Improvements relating to any such part or parcel, furnish the Redeveloper with an appropriate instrument, certifying that such Improvements relating to any such part or parcel have been made in accordance with the provisions of the Agreement. Such certification shall mean and provide (1) that any party purchasing or leasing such individual part or parcel pursuant to the authorization herein contained shall not (because of such purchase or lease) incur any obligation with respect to the construction of the Improvements relating to such part or parcel or to any other part or parcel of the Property; and (2) that neither the City nor any other party shall thereafter have or be entitled to exercise with respect to any such individual part or parcel so sold (or, in the case of lease, with respect to the leasehold interest) any rights or remedies or controls that it may otherwise have or be entitled to exercise with respect to the construction of Improvements as called for herein. (c) Each certification provided for in this Section shall be in such form as will enable it to be recorded in the proper office for the recordation of deeds and other instruments pertaining to the Property, including the Deed. If the City shall refuse or fail to provide any certification in accordance with the provisions of this Section, the City shall, within thirty (30) days after written request by the Redeveloper, provide the Redeveloper with a written statement, indicating in adequate detail in what respects the Redeveloper has failed to complete the Improvements in accordance with the provisions of the Agreement, or is otherwise in default, and what measures or acts it will be necessary, in the opinion of the City, for the Redeveloper to take or perform in order to obtain such certification. ARTICLE IV. RESTRICTIONS UPON USE OF PROPERTY SECTION 401. RESTRICTIONS ON USE. The Redeveloper agrees for itself, and Its successors and assigns, and every successor in interest to the Property, or any part thereof, and the Deed shall contain covenants on the part of the Redeveloper for itself, and such successors and assigns, that the Redeveloper, and such successors and assigns, shall: (a) Devote the Property to, and only to and in accordance with, the uses specified in the Urban Renewal Plan; and 1I-4 4 ' ^ •l _ _. _...., MICROFILMED BY . _._...__. JORM MICR+LAO I CEDAR RAPIDS • DES MOINES L._._.... _. (b) Not discriminate upon the basis of race, color, creed, religion, age, disability, sex or national origin in the .sale, lease, or rental or in the use or occupancy of the Property or any improvements erected or to be erected thereon, or any part thereof. (c) All advertising (including signs) for' sale and/or rental of the whole or any part of the Property shall include the legend, "An Open Occupancy Building" in type or lettering of easily legible size and design. The word "Project" or- "Development" may be substituted for the word "Building" where circumstances require such substitution. - W4. wvtngNlS: BINDING UPON SUCCESSORS IIV INTERESTS: PERI00 Of DURATION It is intended and agreed, and the De— ejl so expressly �i,esely provide; that the agreements and covenants provided in Section 401 hereof shall be covenants running with the land and that they shall, in any event, and without regard to technical classifications or designation, legal or otherwise, and except only as otherwise specifically provided in the Agreement, be binding, to the fullest extent permitted by law and equity, for the benefit and in favor of, and enforceable by, the City, its successors and assigns, any ,uccesso• in interest to the Property, or any part thereof, and the United States (in the case of the covenant provided in subdivision (b) Of Section 401 hereof)against the Redeveloper, its i successors and assigns and every successor n interest to the Property, or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. It is further intended and agreed that the agreement and covenant provided in subdivision (a) of Section 401 hereof shall remain in effect for the period of time, or until the date, specified or referred to in Section 6 of Part I hereof (at which time such agreement and covenant shall terminate) and that the agreements and covenants provided in subdivision (b) of Section 401 hereof shall remain in effect without limitation as to time: Provided, that such agreements and covenants shall be binding on the Redeveloper itself, each successor in interest to the Property, and every part thereof, and each party in possession or occupancy, respectively, only for such period as such successor or party shall have title to, or an interst in, or Possession or occupancy of, the Property or part thereof. The terms "uses specified in the Urban Renewal Plan" and "land use" referring es provisions of the Urban Renewal Vlan, or similar language, in thto e Agreement shall include the land and all building, housing, and other ;,and. equirements or restrictions of the Urban Renewal Plan pertaining to such amplification, and not i6_ estr•Iction,tT �i17����Uprl�---1sCo� of the preceding In Section, it is intended and agreed that the City and its successors and bassigns shall be deemed beneficiaries of the agreements and covenants eneficiiary ofcthenco�enanteprovidledthe UnitesubdidiStates sion (bp olf Section401a hereof, both for and in their or its own right and also for the purposes of protecting the interest of the community and other parties, public or private in whose favor or for whose favor or for whose benefit such agreements shall(and the Deed shalsl so state) have been rro l uninefavod. uOlf theeCitytand rlthe vUnited States, for the entire period during which such agreements and covenants II -5 i • ._,_._. IJICROFILIiEO. BY. JORM MICR+LAB CEDAR RAPIDS - DES MOINES 1 I shall be in force and effect, without regard to whether the City or the United States has at any time been, remains, or in an owner of any land or interest therein to or in favor of which such agreements and covenants relate. The City shall have the right, in the event of any breach of any such agreement or covenant, and the United States shall have the right in the event of any breach of covenant provided in subdivision (b) of Section 401 hereof, to exercise all the rights and remedies, and to maintain any actions or suits at law or in equity or other propery proceedings to enforce the curing of such breach of agreement or covenant, to which it or any other beneficiaries of such agreement or covenant may be entitled. ARTICLE V. PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER SECTION 501. REPRESENTATIONS AS TO REDEVELOPMENT. The Redeveloper representsnd aagrees that its purchase of the Property, and its other undertakings pursuant to the Agreement, are, and will be used, for the purpose of the redeveloment of the Property and not for speculation in land holding. The Redeveloper further recognizes that, in view of (a) the importance of the redevelopment of the Property to the general welfare of the community; (b) the substantial financing and other public aids that have been made available by law and by the Federal and local Governments for the purpose of making such redevelopment possible; and (c) the fact that a transfer of the stock in the Redeveloper or of a substantial part thereof, or any other act or transaction involving or resulting in a significant change in the ownership or distribution of such stock or with respect to the identity of the parties in control of the Redeveloper or the degree thereof, is for practical purposes a transfer or disposition of the Property then owned by the Redeveloper, the qualifications and identity of the Redeveloper, and its stockholders, are of particular concern to the community and the City. The Redeveloper further recognizes that it is because of the recognition of such qualifications and identity that the City is entering into the Agreement with the Redeveloper, and, in so doing, the City is further willing to accept and rely on the obligations of the Redeveloper for the faithful performance of all undertakings and covenants in the Agreement. SECTION 502. PROHIBITION AGAINST TRANSFER OF OWNERSHIP OR CONTROL OF REDEVELOPER. For the foregoing reasons, ,the edeve oper agrees for Itse'—if, and all persons holding an interest therein, their heirs, successors and assigns that there shall be no change or transfer of ownership or control by any person or combination of persons owning or controlling ten (10) percent or more interest in the Redeveloper through sale, assignment, merger, increased capitalization or by any other means, without the express written approval of the City. With respect to this provision, the Redeveloper and the parties signing the Agreement on behalf of the Redeveloper represent that they have the authority of all persons holding interest therein to agree to this provision on their behalf and to bind them with respect thereto. II -6 7 _.. ! _ .,.MICROFILMED BY 1 JORM MICR+LAB J { CEDAR WA IOS - DEC MOINES 1 I Ars 10 ■ 1 i' also, for the foregoing reasons the Redevel< Itself, and its successors and assigns, that: (a) Except only (1) by way of security for, and only for (i) the purpose of Obtaining financing necessary to enable the Redeveloper or any successor in interest to the Property, or any part thereof, to perform its obligations with respect to acquiring the property and making the Improvements under the Agreement, and (ii) any other purpose authorized by the Agreement, and (2) as to any individual parts or parcels of the Property on which the Improvements to be constructed thereon have been completed, and which, by the terms of the Agreement, the Redeveloper 1s authorized to convey or lease as such Improvements are, completed, the Redeveloper (except as so authorized) has not made or created, and that it will not, prior to the proper completion of the Improvements as certified by the City, make or create, or suffer to be made or created,. any total or partial sale, assignment, conveyance, or lease, or any trust or power, or transfer in any other mode or form of or with respect to the Agreement or the Property, or any part thereof or any interest therein, or any contract or agreement to do any of the same, without the prior written approval of the City: Provided, that prior to the issuance by the City of the certificate providod by in Section 305 hereof as to completion of construction of the Improvements, the Redeveloper may enter into any agreement to sell, lease, or otherwise transfer, after the issuance of J such certificate, the Property or any part thereof or interest therein, R which agreement shall not provide for payment of or on account of the purchase price or rent for the Property, or the part thereof or the t interest therein to be so transferred, prior to the issuance of such certificate. (b) The City shall be entitled to require, except as otherwise provided in this Agreement, as conditions to any such approval that: (1) Any proposed transferee shall have the qualifications and financial responsibility, as datermined by the City, necessary and adequate to fulfill the obligations undertaken in the Agreement by the Redeveloper (or, in the event the transfer is of or relates to part of the Property,, such obligations to the extent that they relate to such part). (2) Any proposed transferee, by instrument in'writing satisfactory to the City and in form recordable among the land records, shall, for itself and its successors and assigns, and expressly for the benefit of the City, have expressly assumed all of the obligations of the Redaveloper under the Agreement and agreed to be subject to all the conditions and restrictions to which the Redeveloper is subject (or, in the event the transfer is of or related to part of the Property, such -obligations, II -7 /4" s ..... I4ILRDfILMED BY . _..� l JORM MICR+LAB S CEDAR RAPIDS • DES MOINES L_ conditions, and restrictions to the extent that they relate to such part): Provided, that any instrument or agreement which purports to transfer any interest whatsoever caused by this agreement without the express written approval of the City, is null and void. (3) There shall be submitted to the City for review all instruments and other legal documents involved in effecting transfer; and if approved by the City, its approval shall be indicated to the 1 Redeveloper in writing. (4) The consideration payable for the transfer by the transferee or on its behalf shall not exceed an amount representing the actual cost (including carrying charges) to the Redeveloper of the Property (or allocable to the part thereof or interest therein transferred) and the Improvements, if any, theretofore made thereon by it; it being the intent of this provision to preclude assignment of the Agreement or transfer of the Property for profit prior to the issuance of the certificate of completion as set forth in Section 305 of this Agreement. The City shall be entitled to increase the Purchase Price to the Redeveloper by the amount that the consideration payable for the assignments or transfer is in excess of the amount that may be authorized pursuant to this subdivision (4), and such consideration shall, to the extent it is in excess of the amount so authorized, belong to and forthwith be paid to the City. (5) The Redeveloper and its transferee shall comply with such other conditions as the City may find desirable in order to achieve j and safeguard the purposes of the Urban Renewal Act and the ' Urban Renewal Plan. i Provided, that in the absence of specific written agreement by the City to the contrary, no such transfer or approval by the City thereof shall be deemed to relieve the Redeveloper, or any other party bound in any way by the Agreement or otherwise with respect to the Construction of the Improvements, from any of its obligations with respect thereto. i SECTION 504. INFORMATION AS TO HOLDERS OF INTEREST IN REDEVELOPER. In order to assist in the effectuation of the purposes of this Art c e V and the statutory objectives generally, the Redeveloper agrees that during the period between execution of the Agreement and completion of the Improvements as certified by the City, (a) the Redeveloper will promptly notify We'City of any and all changes whatsoever in the ownership or control of interest, legal or beneficial, or of any other act or transaction involving or resulting in any change in the ownership of such interest or in the relative distribution thereof, or with respect to the identity of the parties in control of the Redeveloper or the degree thereof, of which it or any of its officers have been notified or otherwise have knowledge or information; and _ 1I-8 MICROFILMED BY l JORM MICR+LA6 ` 1 i CEDAR RAPIDS • DES MOINES ( I 1 (b) the Redeveloper shall, at such times as the City may request, furnish the City with a complete statement, subscribed and sworn to by the President or other executive officer of the Redeveloper, setting forth all of the holders of interest in the Redeveloper and the extent of their respective holdings, and in the event any other parties have a beneficial interest in such holdings their names and the extent of the Redeveloper, any specific inquiry made by any such officer, of all parties who on the basis of all such records own ten (10) percent or more of the interest in the Redeveloper, and by such other knowledge or information as such officer shall have. Such lists, data, and information shall in any event be furnished the City immediately prior to the delivery of the Deed to the Redeveloper and as a condition precedent thereto, and annually thereafter on the anniversary of the date of the Deed until the issuance of a certificate of completion of all the Property. ARTICLE VI. MORTGAGE FINANCING; RIGHTS OF MORTGAGEES SECTION 601. LIMITATION UPON ENCUMBRANCE OF PROPERTY. Prior to the completion of the Improvements, as certified by the City, neither the Redeveloper nor any successor in interest to the Property or any part thereof shall engage in any financing or any other transaction creating any mortgage or other encumbrance or lien upon the Property, whether by express agreement or operation of law, or suffer any encumbrances or lien to be made on or attach to the Property, except for the purposes of obtaining (a) funds only to the extent necessary for making the Improvements, and (b) such additional funds, if any, in an amount not to exceed the Purchase Price paid by the Redeveloper to the City. The Redeveloper (or successor in interest) shall notify the City in advance of any financing, secured by mortgage or other similar lien instrument, it proposes to enter into with respect to the Property, or any part thereof, and in any event it shall promptly notify the City of any encumbrance or lien that has been created on or attached to the Property, whether by voluntary act of the Redeveloper or otherwise. For the purposes of such mortgage financing as may be made pursuant to the Agreement, the Property may, at the option of the Redeveloper (or successor in interest), be divided, provided that such subdivision, in the opinion of the City, is not inconsistent with the purposes of the Urban Renewal plan and the Agreement and is approved in writing by the City. SECTION 602. MORTGAGEE NOT OBLIGATED TO CONSTRUCT. Notwithstanding any of the provisions of the Agreement, including but not limited to those which are or are intended to be covenants running with the land, the holder of any mortgage authorized by the Agreement (including any such holder who obtains title to the Property or any part thereof as a result of foreclosure proceedings, or action in lieu thereof, but not including { (a) any other party who thereafter obtains title to the Property or such part from or through such holder, or (b) any other purchaser at foreclosure sale other than the holder of the mortgage itself) shall in no way be obligated by the provisions of the Agreement to construct or ,.- MICROFIL14ED BY. JORM MICR+LAB i - CEDAR RAPIDS •DES MOINES j $ I 1 L ' complete the Improvements or to guarantee such construction or completion; nor shall any covenant or any other provision in the Deed be construed to so obligate such holder: Provided, that nothing in this Section or any other Section or provision of the Agreement shall be deemed or construed to permit or authorize any such holder to devote the Property orany part thereof to any uses, or to construct any improvements thereon, other Renewal han those ins s or improvements provided or permitted in the Urban Plan SECTION 603. COPY OF NOTICE OF DEFAULT TO MORTGAGEE. Whenever the City she de Iver any notice or demand to the Redeveloper with respect to any breach or default by the Redeveloper in its obligations or covenants ofunder such the Agreement, the City shall at the same time forward a COPY notice or demand to each holder of any mortgage authorized by the f such holder shown in the records of the Agreement at the last address o City. SECTION 604.HORTGAGEE'S OPTION TO CURE DEFAULTS. After any breach or default referred to In Section 603 hereof, each such holder shall (insofar as the rights of the City are concerned) have the right, at its option, to cure or remedy such breach or default (or such breach or default to the extent that it relates to the part of the Property covered by its mortgage) and to add the cost thereof to the mortgage debt and the lien of its mortgage: Provided, that if the breach or default is with respect to construction Section of the Agreementtshall tbehdeemed ato permitined in or is Section r or authorize any othersuch holder, either before or after foreclosure or action in lieu thereof, to undertake or continue the construction or completion Of the Improvements (beyond the extent necessary to conserve or protect Improvements or construction already made) without first having expressly assumed the obligation to the City, by written agreement satisfactory to the City, to complete, in the manner provided in the Agreement, the Improvements on the Property such holder relates. Oh Anysuchrthereof t holderwhoshallCh the e properlycompletehn or f the Improvements relating to the Property or applicable part thereof shall be. entitled, requestupon writton oO or certifications by the City to such effect t a certificationo a inthema nerprovided in Section 305 of the Agreement, and any such certification shall, if so requested by such holder mean and provide that any remedies or rights with respect to recapture of or reversion or revesting of title to the Property that the City shall have or be entitled to because of failure of the Redeveloper or any successor in interest to the Property, or any part thereof, to cure or remedy any default with respect to the construction of the Improvements on other parts or parcels of the Property, or became of any other default in or breachthe partorparcel ofth gel he Propertyror such to which successor, shall not apply to the such certification relates. In any case, where, subsequent tO defau Lor breach by the Rodaveloper kor successor in interest) under the Agreement, the holder of any mortgage on the Property or part thereof II -10 AfS, 4 l 1 ._....MICROFILMED BY t JORM MICR+LAE3 i CEDAR RAPIDS • DE. MOINES ( 1 i' j i l� (a) has, but does not exercise, the option to construct or complete the Improvements relating to the Property or part thereof covered by its mortgage or to which it has obtained title, and such failure continues for a period of sixty (60) days after the holder has been notified or informed of the default or breach; or (b) undertakes construction or completion of the Improvements but does not complete such construction within the period as agreed upon by the City and such holder (which period shall in any event be at least as long as the period prescribed for such construction or completion in the Agreement), and such default shall not have been cured within sixty (60) days after written demand by the City so to do, the City shall (and every mortgage instrument made prior to completion of the Improvements with respect to the Property by the Redeveloper or successor in interest shall so provide) have the option of paying to the holder the amount of the mortgage debt and securing an assignment of the mortgage and the debt secured thereby, or, in the event ownership of the Property (or part thereof) has vested in such holder by way of foreclosure or action in lieu thereof, the City shall be entitled, at its option, to a conveyance to it of the Property or part thereof (as the case may be) upon payment to such holder of an amount equal to the sum of: (i) the mortgage debt at the time of foreclosure or action in lieu thereof (less all appropriate credits, including those resulting from collection and application of rentals and other income received during foreclosure proceedings); (ii) all expenses with respect to the foreclosure; (iii) the net expense, if any (exclusive of general overhead), incurred by such holder in and as a direct result of the subsequent management of the Property; (iv) the costs of any Improvements made by such holder; and (v) an amount equivalent to the interest that would have accrued on the aggregate of such amounts had all such amounts become part of the mortgage debts and such debt had continued in existence. SECTION 606. CITY'S OPTION TO CURE MORTGAGE DEFAULT. In the event of a default or breach prior to the completion of the Improvements by the Redeveloper, or any successor in interest, in or of any of its obligations under, and to the holder of, any mortgage or other instrument creating an encumbrance or lien upon the Property or part thereof, the City may at its option cure such default or breach, in which cases the City shall be entitled, in addition to and without limitation upon any other rights or remedies to which it shall be entitled by the Agreement, operation of law, or otherwise, to reimbursement from the Redeveloper or successor in interest of all costs and expenses incurred by the City in curing such default or breach and to a lien upon the Property (or the part thereof to which the mortgage, encumbrance, or lien relates) for such reimbursement: Provided, that any such lien shall be subject always to the lien of nc ud ng any lien contemplated, because of advances yet to be made, by) any then existing mortgages on the Property authorized by the Agreement. SECTION 607. MORTGAGE AND HOLDER. For the purposes of the Agreement: he term 'mortgage shall include a deed of trust or other instrument creating an encumbrance or lien upon the Property, or any part thereof, as security for a loan. The term "holder" in reference to a mortgage shall include any insurer or guarantor of any obligation or condition secured by /f54 �� .. MICROFILMED BY_.±� l JORM MICR+LAB ( �� CEDAR NP r105 - DES MOINES 1 t I { i such mortgage or deed of trust, including, but not limited to, the Federal Housing Commissioner, the Administrator of Veterans Affairs, and any successor in office of either such official. ARTICLE VII. REMEDIES SECTION 701. IN GENERAL. Except as otherwise provided in the Agreement, In the event of any default in or breach of the Agreement, or any of its terms or conditions, by either party hereto, or any successor to such Party, such party (or successor) shall, upon written notice from the other, proceed immediately to cure or remedy such default or breach, and, in any event, within sixty (60) days after receipt of such notice. In case such action is not taken or not diligently pursued, or the default or breach shall not be cured or remedied within a reasonable time, the aggrieved party may institute such proceeedings as may be necessary or desirable in its option to cure and remedy such default or breach, including, but not limited to, proceedings to compel specific performance by the party in default or breach of its obligations. - - •--• U, nEucrtwrtuc PHIUM 10 CONVEYANCE. In the avant that the Ity docs not tender conveyance 0 the rope rty, or Possession thereof, in the manner and condition, and by the date, provided in this Agreement, and any such failure shall not be cured within sixty (60) days after the date of written demand by the Redevoloper, and the City is unable to demonstrate, to the reasonable satisfaction of the Redeveloper that the defects, cloud, or other deficiencies in or on title involved, or the part of the property to which it relates, is of such ! nature that the Redeveloper will not be hampered or delayed in the construction of the improvements by taking title and possession subject to such defects, the City will refund to the Developer any good faith deposit tendered by the Redeveloper for such proporty or the portion of said good faith deposit reasonably' allocable to the portiorl of the property not conveyed and this agreement with respect tA. the property not conveyed shall be terminated, rroovid�ed, it is hereby expressly agreed that in the event this agreement si tartodinated pursuant to this Section.each party to this agreement shall be solely responsible fbr all expenses incurred or Obligated by it and shall have no claim against the other party. SECTION 703. TERMINATION BY CITY PRIOR TO CONVEYANCE. In the event that prior to conveyance of Che roperty to It Wedeva Top or, the Redeveloper is in violation of Section 502 of Part II of this Agreement or the Rodeveloper does not pay the Purchase Price and take title to the Property upon tender of conveyance by the City pursuant to this Agreement, or the Redeveloper fails to cure any default or failure within thirty 30 days from the date of written demand by the City,.then this Agreement, and any rights of the Redeveloper, or any assigdae or transferee, in this Agreement, or arising therefrom with respect to the City or the Property, shall, at the option of the City, be terminated by the City, in which event, as provided in Paragraph C, Section 3 of Part I hereof, the Deposit or any portion thereof may be retained by the City as liquidated damages and as its property without any deduction, offset, or recoupment whatsoever, and neither the Redeveloper (or assignee or transferee) nor the City sha11 have any further rights against or liability under this Agreement to the other in respect to the property or part thereof for which the deposit has been retained. II -12 /Xs -6 . 141CROFILMEOBY ����� JORM MIC R+LAB CEDAR RPPIDS • DE_ MOINES 1 L lu ^ in the event that subsequent to conveyance sof theProperty or any part thereof to the Redeveloper and prior to completion of the Improvements as certified by the City (a) the Redeveloper does not submit plans as required by the Agreement in satisfactory form and in the manner and by the dates respectively Provided in this Agreement; or (b) the Redeveloper (or successor in interest) shall default in or violate its obligations with respect to the construction of the Improvements (including the nature and the dates of for the beginning and completion thereof), or shall abandon or substantially suspend construction work, 'and any such default, violation, abandonment, or suspension shall not be cured, ended, or remedied within ninety (90) days after written demand by the City; or (c) the Redeveloper (or successor in interest) shall fail to pay real estate taxes or assessments on the Property or any part thereof when due, or shall place thereon any encumbrance or lien unauthorized by the Agreement, or shall suffer any levy or attachment to be made, or any materialmen's or mechanic's lien, or any other unauthorized encumbrance or lien to attach, and such taxes or assessments shall not have been paid, or the encumbrance or lien removed or discharged or provision satisfactory to the City made for such payment, removal, or discharge, within ninety (90) days after written demand by the City; or (d) the Redeveloper violates the provision of Section 502 of Part II of this Agreement and such violation shall not be cured within sixty (60) days after written demand by the City to the Redeveloper, then the City shall have the right to re-enter and take possession of the Property and all Improvements located thereon to terminate (and revest in the City) the property conveyed by the Deed to the Redeveloper, it being the intent of this provision, together with other provisions of the Agreement, that the conveyance of the Property to the Redeveloper shall be made upon, and that the Deed shall contain, a condition subsequent to the effect that in the event of any default, failure, violation, or other action or inaction by the Redeveloper specified in subdivisions (a), (b), (c) and (d) of this Section 704, failure on the part of the Rens(a)por to remedy, end, or abrogate such dofault, failure, violation, or other action or inaction, within the period and in the manner stated in such subdivisions, the City at its option may declare A termination in favor of the City of the title, and ofall the rights and interests in and to the Property conveyed by the Deed to the Redeveloper and Improvements constructed thereon, and that such title and all rights and interests of the Redeveloper, and any assigns or successors in interest to and in the Property and any Improvements constructed thereon, shall revert to the City: Provided, that such condition subsequent and any revesting of title as a resu—lt thereof in the City (1) shall always be subject to and limited by, and shall not defeat, render invalid, or limit in any way, (i) the lien of any mortgage II -13 4 � -_ 7 .I41CROf1tIdED BY JORM MICRf LAB 1 � R CEDAR RANDS • DEi MOINES r I + I 3 { i. F authorized by the Agreement, and (ii) any rights or interests provided in the Agreement for the protection of the holders of such mortgages; and (2) shall not apply to individual parts or parcels of the Property (or, in the case of parts or parcels )eased, the leasehold interest) on which the Improvements to be constructed thereon have been completed in accordance with the Agreement and for which a certificate of completion is issued therefore as provided in Section 305 hereof or on which the Improvements to be constructed thereon are in fact proceeding with construction on an approved schedule and for which a certificate of completion would be issued in normal course. In addition to and without in any way limiting the City's right to re-entry as provided for in this Section, the City shall have the right to retain the Deposit or any portion thereof, as provided in Paragraph C, Section 3 of Part I hereof, without any deduction, offset or recoupment whatsoever, in the event of a default, violation or failure of the Redeveloper as specified in this Section. war ure revesting in theCity of title to the Property or"acportion thereof and any Improvements thereon, or any part thereof as provided in Section 704, the City shall, pursuant to its responsibilities under State law, use its best efforts to resell the Property or part therof (subject to such mortgage liens and leasehold interest as in Section 704 set forth and provided) as soon and in such manner as the City shall find feasible the Improvements or such other improvements in their stead as shall be satisfactory to the City and in accordance with the uses specified for such Property or part thereof in the Urban Renewal Plan. Upon such resale of the Property, the proceeds thereof shal be app led; (a) First, to reimburse the City, on its own behalf, ,for all costs and expenses incurred by the City, including but not limited to salaries of personnel, in connection wiht the recapture, management, and resale of the Property or part thereof (but less any income derived by the City from the Property or part thereof in connection with such management); all taxes, assessments, and water and sewer charges with respect to the Property or part thereof (or, in the event the Property is exempt from taxation or assessment or such charges during the period of ownership thereof by the City, the amount, if paid, equal to such taxes, assessments, or charges (as determined by the City assessing official) as would have been payable if the Property or part thereof at the time of revesting of title thereto in the City or to discharge or prevent from attaching or being made any subsequent encumbrance or liens due to obligations, defaults, or acts of the Redeveloper, its successors or transferees; any expenditures made or obligations incurred with respect to the making or completion or removal of the Improvements or any part thereof on the Property or part thereof; and any amounts otherwise owing the City by the Redeveloper and its successor or transferee; and (b) Second, to reimburse the Redeveloper, its successor or transferee, up to the amount equal to (1) the sum of the purchase price paid by it MICROFILMED BY. _.... JORM MICR¢LAB ! CEDAR RP PIDS - DES MOINES I i_ /f.5-0 for the Property (or allocable to the part thereof) and the cash actually invested by it in making any of the Improvements on the Property or part thereof, unless (2) any gains or income withdrawn or made by it from the Agreement or the Property. Any balance remaining after such reimbursements shall be retained by the City as its property. Y. it ma desirable "1e r'ef to institute Purpose uce actions or proceedAngs as y deem desirable for effectuating the ur oses of this Article VII, including also the right to execute and record or fife amongthe land records in the office in which the Deed is recorded a written declaration of the termination of all the right, Public the Redeveloper, and (except for such individduaj title, and interest of parts which construction of that part of the Improvements required to be constructed thereon has been completed, in accordance with theaAgreement� and for which a certificate of completion as provided in Section 305 hereof is to be delivered, and subject to such mortgage liens and leasehold interests as Provided in Section 704 hereof) its successors in interest and assigns, in the Property, and the revesting of title thereto in the City: Provided that any delay by the City in instituting or Prosecuting any such actions or proceedings or otherwise asserting its rights under this Article VII shall not operate as a waiver of such rights or to deprive it of or limit such rights in any wa this Provision that the City should not be constrained so (it beinastto avoidtthof e risk of being deprived of or limited in the exercise of the remedy provided in this Section because of concepts of waiver, lache or otherwise to exercise such remedy at s, estoppel, a Otherwise to resolve the when it may still hope shalle tim waiver in fact problems created by the default involved default y the Redevelopermunder by Section ibh respect to an City y specific ); nor a waiver of the rights of the City with respect theany other defaults by the Redeveloper under this considered or treated as Section or with respect of the default except to the extent specifically waived s writing. Particular SFCTinu in, ...____. from such conveyance o rpreventedhfromtso doin`V •-ycuce or title to any City of Iowa City, Iowa be enjoined or act of any judicial, legislative or executivebbod any order or decision a the premises, the City at its option may terminate thisAgreauthority Agreement any obligations incurred by either party shall cease. In the event of such termination, the City shall not be responsiblq,for any damages, or costs incurred by the Redeveloper by reason of such termination, further agreed and understood that the City shall have no liability nfor failure to deliver title to such Property or an It is Redeveloper after making a good faith attempt to do spart o thereof to the neitner the City nor the �Redevelor theasthe its obliga successor in interest, shall be considered in breach tions with respect to this Agreement in the .,MICROFILMED.Bt JORM MICR+LAB t S S CEDAR RAPIDS • DEC t402ES i may be, nor any Of. or default in, event of enforced /1fsa delay in the performance of such obligations due to unforeseeable causes beyond its control and without its fault or negligence, including, but not restricted to, acts of God, acts of public enemy, acts of the other party, fires, floods, epidemics, quarantine restrictions, strikes, litigation and unusually severe weather or delays of subcontractors due to sucn causes; it being the purpose and intent of this provision that in the event of the occurrence of any such enforced delay, the time or times for performance of the obligations of the City or of the Redeveloper under this Agreement, as the case may be, shall be extended for the period of the enforced delay as determined by the City: Provided, that the party seeking the benefit of the provisions of this Section shall, within ten (10) days after the beginning of any such enforced delay, have first notified the other party thereof in writing, and of the cause or causes thereof, and requested an extension for the period of the enforced delay. SECTION 709. RIGHTS ANO REMEDIES CUMULATIVE. The rights and remedies of the parties to the Agreement, whether provided by law or by the Agreement, shall be cumulative, and the exercise by either party of any one or more of such remedies shall not preclude the exercise by it, at the same or different times, of any other such remedies for the same default or breach of any of its remedies for any other default or breach by the other party. No waiver made by either such party with respect to the performance, or manner or time thereof, or any obligation of the other party or any condition to its own obligation under the Agreement shall be considered a waiver of any rights of the party making the waiver with respect to the particular obligation of the other party or condition to its own obligation beyond those expressly waived in writing and to the extent thereof, or a waiver in any respect in regard to any other rights of the party making the waiver or any other obligations of the other party. Z,tI,I WR Ilu. r1l,,, a,. rvr.. --__- - The Redeveloper, for itself and Its successors and assigns, and or all other persons who are or who shall become, whether by express or implied le upon y obligation or burdenassumption tunder the Agreement, lhereby waives, to the fullest t to nextant permitted by lav and equity, any and all claims or defenses otherwise available on the ground of its (or their) being or having become a parson in the position of a surety, whether real, personal, or otherwise or whether by agreement or operation of law, including, without limitation on the generality of the foregoing, any and all claims and defenses based upon extension of time, indulgence, or modification of terms of contract. ARTICLE VIII. MISCELLANEOUS btl,llun aui. wnrh. V, ._ --• IN V UALLY L ABL No member, o iEla a emp oyes o the City shall have any persona7Tnterest as defined in Chapter 403, Code of Iowa 1979, direct or indirect, in the Agreement, nor shall any such mwbber, aRicial, or employee participate in any decision relating to the Agreement which affects his/her personal interests or the interests of any corporation, partnership, or association in which he/she is, directly or indirectly, interested. No member, official, or employee of the City shall be persoeventnoflanyable to defaultthe orRbreachobyrtherCityany successor forany amount which may /fp 4 141CROfILnED BY 1 . _I JORM MICR+LAB 1 I CEDAR RAPIDS • DE- MOINES ! I 1� become due to the Redeveloper or successor or on any obligations under the terms Of the Agreement. SECTION 802. EQUAL EMPLOYMENT OPPORTIJUITY. The Redeveloper, for itself ana Its successors and assigns, agrees that during the construction Of the Improvements provided for in the Agreement: (a) The Redeveloper will not discriminate against anyemployee or disability, sexual orientation applicant for employment because of race, color, religion, sex, , marital status, age, creed, or national origin. The Redeveloper will take affirmative action to insure that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex, disability, sexual orientation, marital status, sex, age, creed, or national origin. Such action shall include, but not be limited to, the following; employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The Redeveloper agrees to post in conspicuous places, available to employees and applicants for employment, noticesto be provided by the City setting forth the provisions of this nondiscriminatory clause. ; (b) The Redeveloper will, in all solicitations or advertisements for employees placed by or on behalf of the Redoveloper, state that the Redeveloper is an equal opportunity employer. (c) The Redeveloper will send to each labor union or representative of workers with which the Redeveloper has a collective bargaining agreement or other contract or understanding, a notice, to be provided, advising the labor union or workers' representat Redeveloper's commitments under the City of Iowa City'sihe ve of t Compliance Program, and shall post copies of t conspicuous places availablthe notices Contracc e to emplIn employment. oyees and applicants for (d) The Redeveloper will comply with all provisions of the Cit City's Contract Compliance Program. y of Iowa (e) In the event of the Redeveloper's noncompliance with the non- discrmination clauses of this Section, or with any of the said rules, regulations, or orders, the Agreement may be canceled, terminated, Or suspended in whole or in part. (f) The Redeveloper will include the provisions of Paragraphs (a) through (f) of this Section in every contraor purchase order, and will require the inclusion of these provisionct s in every subcontract entered into by any of its contractors unless a specific exemption is approved by the City Council so that such provisions will be binding upon each such contractor, subcontractor, or vendor, as the case may be. The Redeveloper will take such action with respect to any construction contract, subcontract, or purchase order as the City may direct as a means of enforcing such provisions Inc sanctions for noncompliance: Provided, however, that in theluding II-17 v a. 141CROFILMED a1C. ... i t JORM MICR¢LAE3 l �� 1 -CEDAR WNDS • DE: MOINES r � � l t ry. the Redeveloper becomes involved in, or is threatened with, litigation with a subcontractor or vendor as a result of such direction by the City, the Redeveloper may request the City to enter Into such litigation to protect the interests of the City. SECTION 803. PROVISIONS NOT MERGED WITH DEED. None of the provisions of the greement are intended to or sha be merged by reason of any deed transferring title to the Property from the City to the Redeveloper or any successor in interest, and any such deed shall not be deemed to affect or impair the provisions and covenants of the Agreement. SECTION 804. TITLES OF ARTICLES AND SECTIONS. Any title of the several parts, Articles, and Sections of the Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions. II -18 ......MICRDFWIED BY 1 - JORM MICR+LAE3 CEDAR RAPIDS - DES MOINES 1, 1 )f 1� RESOLUTION NO. 83-298 A RESOLUTION AUTHORIZING THE MAYOR TO SIGN AND THE CITY CLERK TO ATTEST THE FY84 AGREEMENT BETWEEN THE CITY OF IOWA CITY AND THE CITY OF UNIVERSITY HEIGHTS FOR THE PROVISION OF TRANSIT SERVICE WITHIN THE CORPORATE LIMITS OF UNIVERSITY HEIGHTS. WHEREAS, Chapter 28E of the Code of Iowa provides, in substance, that any power which may be exercised by a public agency of this state, may be exercised jointly with another public agency having such power, and WHEREAS, it is in the mutual interest of the parties to encourage the use of public transportation by residents of Iowa City and University Heights, and WHEREAS, the City of Iowa City and the City of University Heights have negotiated a 28E Agreement for the provision of transit services within the corporate limits of University Heights, a copy of which agreement is attached and by this reference made a part hereof. j NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY THAT: 1. The Mayor is hereby authorized to sign and the City Clerk to attest the FY84 28E agreement between the City of Iowa City and the City of University Heights. - 2. The City Clerk is directed to file a copy of said agreement with the Secretary of State and the Johnson County Recorder as required by Chapter 28E, Code of Iowa. It was moved by BalmPs and seconded by McDonald the III Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: i X Balmer X Dickson X Erdahl X Lynch X McDonald X Neuhauser X Perret Passed and approved this 13th day of September 1983. i c '�,{p, OA /41L1✓ MAYOR ATTEST: CITY -CLERK Recetved & Approved By The Legal Department gs� .'...... �.__MICROFMID..BY I t JORM; MICR+LAB i {i CEDAR 111!05 • US MOINES 1 f r AGREEMENT FOR TRANSIT SERVICES THIS AGREEMENT, made and entered into this 13th day of September 1983, by and between the City of Iowa City and the City of University Heights, municipal corporations. WHEREAS, Chapter 28E of the Code of Iowa provides, in substance, that any power which may be exercised by a public agency of this State, may be exercised jointly with another public agency having such power, and WHEREAS, it is in the mutual interest of the parties to encourage the use of public transportation by residents of Iowa City and University Heights. NOW, THEREFORE, it is hereby agreed by and between the City of Iowa City and the City of University Heights, as follows: I. Scope of Services: The City of Iowa City shall provide public transit services to the City of University Heights. It is hereby agreed that Iowa City shall determine the scheduling of buses, the routes and the location of bus stops within University Heights. It is agreed that residents of University Heights will obtain the same level of service as residents of Iowa City who are served by the same routes. II. Duration: The term of this agreement shall commence July 1, 1983, and shall continue through June 30, 1984. III. Termination: This agreement may be terminated upon thirty days written notice by either party. IV. Compensation: The City of University Heights agrees to pay $21,012 for the provision of public transit service as herein described. Payment shall be made in twelve monthly payments of $1751 each, to be received by the City of Iowa City on or before the fifteenth of each month, with first said payment due on or before July 15, 1983. V. This agreement shall be filed with the Secretary of the State of Iowa and the County Recorder of Johnson County, Iowa. CITY OF IOWA CITY, IOWA CITY OF UNIVER TY HEIGHTS, IOWA t� BY:8Y: JMdYOR MAYOR ATTEST: , , ,J �. flea a� ATTEST: CITY CLERK ete7 ITY ILERI Rwivad & Approved ay Us Logo) Do gar m ni I g51 .._.,...._.._.:.MICROEILMED.By. _._.......0 ` JORM MICR¢LAB -CEDAR RRPM • DES MOINES MARY JANE ODELL SECRETARY O, STATE {OP y r\4, 4 �J n/lr JAY btafC Of Nwn 4etretarp of 6tate ?Drie 1inoinCg December 20, 1983 Marian K. Karr, CMC City Clerk Civic Center 410 E. Washington St. Iowa City, Iowa 52240 Re: 28E Agreement for Transit Services between City of Iowa City and the City of University Heights Dear Marian: We have received the above described agreement, which you submitted to this office for filing, pur- suant to the provisions of Chapter 28E, 1983 Code of Iowa. You may consider the same filed as of December 20,. 1983: MJO/d C rdially, Mao ARY JA ODELL Secreta y of State ..:.....MICROFAMED.BY_._ - .....�:..... t JORM,.MICR+LAB -CEDAR RAPIDS DES MOINES 1 I 51ATC CAPITOL BUILDNG N ESMOINESAA. 50319 ) 51520/5064 I I f I i 1 i I f' I L . i I II� 1 I i I, MARY JANE ODELL SECRETARY O, STATE {OP y r\4, 4 �J n/lr JAY btafC Of Nwn 4etretarp of 6tate ?Drie 1inoinCg December 20, 1983 Marian K. Karr, CMC City Clerk Civic Center 410 E. Washington St. Iowa City, Iowa 52240 Re: 28E Agreement for Transit Services between City of Iowa City and the City of University Heights Dear Marian: We have received the above described agreement, which you submitted to this office for filing, pur- suant to the provisions of Chapter 28E, 1983 Code of Iowa. You may consider the same filed as of December 20,. 1983: MJO/d C rdially, Mao ARY JA ODELL Secreta y of State ..:.....MICROFAMED.BY_._ - .....�:..... t JORM,.MICR+LAB -CEDAR RAPIDS DES MOINES 1 I 51ATC CAPITOL BUILDNG N ESMOINESAA. 50319 ) 51520/5064 I I f I 7 .. 4 1 I. x: i, IF w` RESOLUTION NO. 83-299 RESOLUTION ADOPTING THE MILLER/ORCHARD NEIGHBORHOOD IMPROVEMENT PLAN, AS REQUIRED BY CHAPTER 403 OF THE CODE OF IOWA. WHEREAS, the City of Iowa City, Iowa, is empowered pursuant to Chapter 403, Code of Iowa, to formulate a program for utilizing appropriate public and private resources to eliminate slums and prevent the development or spread of urban blight and to encourage urban rehabilitation; and WHEREAS, the Miller/Orchard Neighborhood has been found to be in need of conservation, rehabilitation and improvement, to prevent urban decay and the spread of blight; and WHEREAS, a project area has been designated as appropriate for such conserva- tion, rehabilitation and improvement; and WHEREAS, the City of Iowa City has developed a plan for the conservation, rehabilitation and improvement of this project area; and WHEREAS, said plan has been reviewed by the Iowa City Planning and Zoning Commission and has been found to be in conformance with the Comprehensive Plan for Iowa City; and WHEREAS, the City of Iowa City has held a public hearing on the Miller/Orchard Neighborhood Improvement Plan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY that the Miller/Orchard Neighborhood Improvement Plan be adopted, and it is hereby found by the City Council that: 1. The Miller/Orchard Neighborhood Improvement Plan conforms to the (Comprehensive Plan for Iowa City, Iowa, and 2. Should it be necessary; a feasible method exists for relocating persons and families who may be displaced from the neighborhood improvement area into decent, safe and sanitary dwellings accommodations within their means and without undue hardship to such persons and families. It was moved by Lynch and seconded by Balmer the Resolution be adopted, and upon roll call there were: AYES: NAYS: ABSENT: X Balmer X —_ Dickson X Erdahl X Lynch X McDonald X Neuhauser X Perret Passed and approved this 13th day of September , 1983. ATTEST: CI Y CLERK �C -4 IDr,I,lo,( MAYOR Received $ Approved BYThe gal i)e a nt zc __. ..._ ....._.......MICROFILMED. BY_._.:......�. JORM MICR+LAB -CEDAR RhPIDS • DE: MOINES I /dsvz_� ■ Authorization ,._Id Issuance Proceedings IDR -09072 (Auth) Iowa City, IOwa Septerber 13 1983 The City Council of Iowa City, Iowa, met in semrlar session on that the day of September , 1983, at 7:30 o'clock �'v=� �PntP in the City. The meeting was called to order and there were present Mery Neuhauser Mayor, in the chair, and the following named Council Members: Balmer, Dickson, Erdahl, Lynch, McDonald, Neuhauser. Absent: Perret The Council investigated and found that notice of intention to issue Commercial Development Revenue Bond, Series 1983 (Viva Investments Project) in an aggregate principal amount $500,000, had as directed by the City Council, not to exceed been duly .given according to law and a hearing held thereon and the Council authorized the Issuer to proceed with the issuance of such Bond. Council Member—Ba>iner introduced a Resolution entitled: - "Resolution authorizing the issuance and sale of a Commercial Development Revenue Bond I (VivaInvestments Project) of the City of Iowa City, Iowa, in an 'aggregate principal amount not to exceed $500,000, to finance the costs of the acquisition of a building, and the rehabilitation and renovation of the building, and certain leasehold improvements therein, „ l for Viva Investments, an Iowa partnership; the execution of a Lender Loan { Agreement with First National Bank, Iowa City, Iowa, providing the terms and sale of such bond; the execution and delivery of a Loan Agreement with Viva Investments providing for the „I repayment of the loan of the proceeds of such bond, and related matters", and moved its adoption, seconded by Council Member ld After due consideration of said resolution by the Counc l,nathe Mayor Put the question on the motion and upon the roll being called the following named Council Members voted: Ayes: palmar, nirkcOn, Frr3ahl Tt^rh McDonald Ne %+ er Nays: Y None � Whereupon the Mayor declared said Resolution duly adopted and approval was signed thereto. -1- BELIN,. HARRIS. HELMICK. HEARTNEY 8 TESDELL. LAWYERS, OES MOINES. IOWA r53 / �... �. ._. _. 141CROF I LMED. BY _..... ..� t JORM MICR¢LAB I -CEDAR RAPIDS • DES MOINES t i_ I Upon motion and vote, the meeting adjourned. -Z- BELIN-HARRIS, HELMICK. HEARTNEY A TESOELL. LAWYERS. DES MOINES. IOWA I __.._....__.__.....MICROFIWED .BY..,____._�.. _ - JORM MICR#LAB CEDAR Rh IDS • DES MOINES i 6 1 l 83-300 RESOLUTION "Resolution authorizing the issuance and sale of a Commercial Development Revenue Bond (Viva Investments Project) of the City of Iowa City, Iowa, in an aggregate principal amount not to exceed $500,000, to finance the costs of the acquisition of a building, and the rehabilitation and renovation of the building and of certain leasehold improvements therein for Viva Investments, an Iowa partnership; the execution of a Lender Loan Agreement with First National Bank, Iowa City, Iowa, providing the terms and sale of such bond; the execution and delivery of a Loan Agreement with Viva Investments providing for the repayment of the loan of the proceeds of such bond, and related matters",. WHEREAS, the City of Iowa City, Iowa, in the County of Johnson, State of Iowa (the "Issuer") is an incorporated municipality authorized and empowered by the provisions of Chapter 419 of the Code of Iowa, 1983, as amended (the "Act") to issue revenue bonds for the purpose of financing the cost of acquiring, by construction or purchase, improvements and equipment, or any interest therein, suitable for the use of any commercial enterprise which the City Council finds is consistent with an urban renewal plan adopted by the Issuer pursuant to Chapter 403 of the Code of Iowa; and WHEREAS, the Issuer has made the necessary arrangements with Viva Investments (the "Company"), an Iowa partnership, for its acquisition of a building, the rehabilitation and renovation of the building and of certain leasehold improvements therein, located within the Urban Renewal Area of the Issuer at 328 E. Washington Street, in Iowa City, Iowa (the "Project") for use as an office building, which' the Issuer has found to be consistent with the Issuer's Urban Renewal Plan, i Project No. Iowa R-14, for the Urban Renewal Area designated.in such plan; and WHEREAS, it is necessary and advisable that provisions be made for the issuance of a Commercial Development Revenue Bond, Series 1983 (Viva Investments Project) of the Issuer in an aggregate principal amount not to exceed $500,000 (the "Bond") as authorized and permitted by the Act to finance the cost of the Project to that amount; and WHEREAS, the Issuer will loan the proceeds of the Bond to the Company pursuant to the provisions of a Loan Agreement dated as of September, 1, 1983 (the "Agreement") between the Issuer and the Company the obligation of which will be sufficient to pay the principal of, redemption premium, if any, and interest on the Bond as and when the. same shall be due and payable; and WHEREAS, the Bond will be sold pursuant to and secured as provided by a Lender Loan Agreement to be dated as of September 1, 1983 (the "Lender Loan Agreement") by and between the Issuer and First National Bank, Iowa City, Iowa, (the "Lender"); and, -3- BELIN,. HARRIS, HELMICK, HEARTNEY d TESDELL. LAWYERS. DES MOINES. IOWA ..�.� . .-111CROFILMED BY. ...I JORM MICR+LAB t( CEDAR RAPIDS • OE- MOINES 1 I 1 /aw., t 1 1 WHEREAS, the rights of the Issuer in and to the Agreement are assigned to the Lender under the Lender Loan Agreement; and WHEREAS, notice of intention to issue the Bond has been published and this Council has conducted a public hearing pursuant to such published notice, all as required by the Act and Section 103(k) of the Internal Revenue Code, and has hereby determined that it is necessary and advisable to proceed with the financing of the Project; and WHEREAS, the Issuer has arranged for the sale of the Bond to the Lender. NOW, THEREFORE, BE IT RESOLVED by the City Council of the Issuer, as follows: Section 1. Project Consistent with Urban Renewal Plan. That the Issuer de ray t e cost UL acquiring, rehabilitating and renovating, and . improving a commercial enterprise consisting of an office building located within the Urban Renewal Area of the Issuer and consistent with the Urban Renewal Plan by issuing the Bond and loaning the proceeds from the sale of the Bond to the Company. Section 2. Authorization of the Bond. In order to finance the cost of the Project, the Bond shall be and the same is hereby authorized, determined and ordered to be issued in an aggregate principal amount not to exceed $500,000. The Bond shall be issued as a single Bond in fully registered form, and shall be dated as of the date _ of issuance and delivery thereof and shall be executed, shall be in ' such form, shall be payable, shall have such prepayment provisions, shall bear interest at such rates, and shall be subject to such other terms and conditions as are set forth in the Lender Loan Agreement and I Agreement. The Bond and the interest thereon does not and shall never constitute an indebtedness of or a charge against the general credit or A taxing power of the Issuer, but is a limited obligation of the Issuer payable solely from revenues and other amounts derived from the Agreement and the Project and shall be secured by an assignment of the Agreement and the revenues derived therefrom. Forms of the Lender Loan Agreement, the Bond and the Agreement are before this meeting and are - -by this reference incorporated in this Bond Resolution, and the.City Clerk is hereby directed to insert them into the minutes of the City Council and to keep them on file. Section 3. Lender Loan Agreement• Sale of the Bond. In order to provide for the sale of the Bond to the Lender and the conditions with respect to the delivery thereof, the Mayor and City Clerk shall execute, acknowledge and deliver in the name and on behalf of the Issuer, the Lender Loan Agreement in substantially the form submitted to the City Council, which is hereby approved in all respects. The' sale of the Bond to the Lender is hereby approved and the Mayor and City Clerk of the Issuer are hereby authorized and directed to sell the Bond to the Lender and the Lender is hereby authorized and directed on behalf of the Issuer to make the loan of the proceeds of the Bond pursuant to the Agreement directly to the Company as provided in the Lender Loan Agreement. -q_ BELIN, HARRIS, HELMICK, HEARTNEY d TESDELL, LAWYERS. DES MOINES. IOWA f' I _. 111CROFILMED. BY JORM MICR+LAB l i CEDAR RP PIDS • DES MOINES f i I 1 Section 9. Repayment of Loan. That the Agreement requires the Company in each year to pay amounts as loan payments sufficient to pay the principal of, redemption premium, if any, and interest on the Bond when and as due and the payment of such amounts -by the Company to the Lender pursuant to the Agreement is hereby authorized, approved and confirmed. Section 5. The Agreement. In order to provide for the loan of the proceeds of the Bond to acquire, and equip the Project and the payment by the Company of an amount sufficient to pay the principal of any premium, if any, and interest on the Bond, the Mayor and City Clerk shall execute, acknowledge and deliver in the name and on behalf of the Issuer the Agreement in substantially the form submitted to the City Council, which is hereby approved in all respects. Section 6. Miscellaneous. The Mayor and/or the City Clerk are hereby authorized and directed to execute, attest, seal and deliver any -. and all documents and do any and all things deemed necessary to effect the issuance and sale of the Bond and the execution and delivery of the Agreement and the Lender Loan Agreement, and to carry out the intent i and purposes of this resolution, including the preamble hereto. I Section 7. Severability. The provisions of this resolution are i hereby declared to be separable and if any section, phrase or I provisions shall.for any reason be declared to be invalid,_such i - declaration shall not affect the validity of the remainder of the i sections, phrases and provisions. Section 8. Repealer. All resolutions and parts thereof in jitit( conflict herewith are hereby repealed to the extent of such conflict. x MIC BELIN, HARRIS, HELMICK. HEARTNEY 6 TESDELL, LAWYERS, DES MOINES, IOWA �... ._.. .. .:_...141CROFIL14ED.BY..._ .__..� t JORM MICR+LAE3 t - CEDAR RAPIDS • DES MOINES 2 I I Section 9. Effective Date. This resolution shall become effective immediately upon adoption. Passed and approved this 13th day of Se ptember 1983. Mayor 0 Attest: ■ City Clerk (Seal) i i I i i I BELIN, HARRIS, HELMICK. HEARTNEY 8 TESDELL. LAWYERS. DES MOINES. IOWA i ....___,.MICRDFILMEO.DY_._. JORM MICR+LAB • CEDAR RkIIS • DE: MOINES 1 i I City Clerk (Seal) i i I i i I BELIN, HARRIS, HELMICK. HEARTNEY 8 TESDELL. LAWYERS. DES MOINES. IOWA i ....___,.MICRDFILMEO.DY_._. JORM MICR+LAB • CEDAR RkIIS • DE: MOINES 1 STATE OF IOWA - COUNTY OF JOHNSON SS: CITY OF IOWA CITY I, the undersigned, do hereby certify that I am the duly , appointed, qualified and acting City Clerk of the City of Iowa City, in and as Johnson thete of completeacorporatesuch I hve in recordsaOf saidYCitysandlits or 1 Council and officers; that I have carefully compared the transcript hereto attached with the aforesaid corporate records and that said transcript hereto attached is a true, correct and complete copy of all the corporate records in relation to the adoption of the resolution therein set out. WITNESS my hand and the corporate seal of said City hereto affixed this 13th day of September 1983. i ..... ..._-MICROFILMED.BY....____....� JORM MICR+LAB CEDAR RAPIDS -.DES M011JES f t Iowa City, Iowa M The City Council of Iowa City, Iowa, met in regular 1 session on the 13th day of September , 1983, at 7:30 o'clock P.M., at the City Hall in the City. TheThe meeting was called to order by Mary Neuhauser , Mayor, and on roll call, the following named Council Members were present: Balmer, Dickson, Prciahi, Lynch, McDonald, Neuhauser. Absent: Perret. The Council investigated and found that notice of intention to issue not to exceed $1,400,000 Industrial Development Revenue Bonds (Millard Warehouse Project), had, as directed by the Council, been duly given according to law and a hearing held thereon and the Council determined to proceed with the issuance of such Bonds. Council Member Lynch introduced and caused to be read a Resolution entitle: "Resolution authorizing the issuance and sale ' of $1,400,000 Industrial Development Revenue Bond (Millard Warehouse Project), the execution and delivery of an Indenture of Trust to secure said Bonds, and the execution and delivery of a 1 Loan Agreement with Larry A. Larsen d/b/a - Millard Warehouse." and moved its adoption, which motion was seconded by Council Member Balmer After due consideration of said Resolution " --t-Fe—Mayor put the question on the motion and upon by the Counci , the roll being called, the following named Council Member voted: t Ayes: Dickson, Balmer, Erdahl, Lynch, McDonald, Neuhauser Nayes: None Absent: p rret Whereupon, the Mayor declared the said Resolution duly adopted and signed his approval thereto. Upon motion and vote, the meeting adjourned. 1 a YUL ATTEST: i l Clerk (SEAL) I MICROFILMED BY. .� Ij JORM MICR+LAE3 CEDAR R41DS • DES MOINES J i a. 1 i RESOLUTION NO. 63-301 "RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF $1,400,000 INDUSTRIAL DEVELOPMENT REVENUE BOND (MILLARD WAREHOUSE PROJECT), THE EXECUTION AND DELIVERY OF AN INDENTURE OF TRUST TO SECURE SAID BONDS, AND THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT WITH LARRY A. LARSEN D/B/A MILLARD WAREHOUSE." WHEREAS, the City of Iowa City, Iowa (hereinafter referred to as the "City"), is a municipal corporation organized and existing under the laws and constitution of the State of Iowa, and is authorized and empowered by Chapter 419 of the Code of Iowa I (hereinafter referred to as the "Act"), to issue revenue bonds for the purpose of acquiring and constructing facilities and other improvements which shall be suitable for the use of any industry or commercial enterprise engaged in processing, storing, ware- housing or distributing products of agriculture which will be located within or near the corporate boundaries of the City (here- inafter referred to as the "Project"), and to lease the Project to Larry A. Larsen d/b/a Millard Warehouse (hereinafter referred to as the "Company); and WHEREAS, the City has made the necessary arrangements with Larry A. Larsen d/b/a Millard Warehouse (the "Company") for the location of a "project" as defined in the Act (the "Project") within the corporate boundaries of the City; and WHEREAS, notice of intention to issue Industrial Development Revenue Bonds (Millard Warehouse Project) of the City (whether one or more, the "Bonds"), has heretofore been duly given and the City has conducted a public hearing on the proposal to j_.. _......_._.MICROFILMED.BY_..,.__._-..1.. .- JORM MICR+LAE3 1 •CEDAR RAPIDS • DES MOINES 1 1 j /85Y C a I 1. issue the Bonds, all in the manner required by the Act, and the City deems it necessary and advisable to proceed with the issuance, sale and delivery of Bonds in the amount of $1,400,000 as authorized and permitted by the Act to finance the cost of the Project to that amount; and WHEREAS, the City will loan the proceeds of the Bonds to IV the Company pursuant to the provisions of a Loan Agreement to be dated as of September 15, 1983, between the City and the Company (the "Loan Agreement"), the obligations of which will be sufficient to pay the principal of and interest and prepayment premium, if any, on the Bonds as and when the same shall be due; and i WHEREAS, the City will sell the Bonds to the Original y 1 Purchasers as named and identified in the Indenture (the j Purchasers") at a price of par and accrued interest, and the City will execute and deliver an Indenture of Trust dated as of September 15, 1983 (the "Indenture") to Norwest Capital Management i & Trust Co., Nebraska, Omaha, Nebraska, (the "Trustee"), as Trustee for the bondholders. e NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF �. IOWA CITY, IOWA, AS FOLLOWS: i Section 1. It is hereby found and determined that the Project is located within the boundaries of the City. Section 2. That the Bonds in an aggregate principal amount of $1,400,000 be and the same is hereby authorized and l ordered to be issued by the City, and to provide for the author- ization of and to secure the Bonds under the Act, to finance the j I _y MICROFILME D ,DY JORM. MICR+LAB 1 -CEDAR RI]'PIDS DES MOINES 1 Project and necessary expenses incidental thereto and to prescribe the terms and conditions upon which the Bonds are to be secured, executed, authenticated, accepted and held, the Mayor is hereby authorized and directed to execute and acknowledge the Indenture, and the Clerk is hereby authorized and directed to attest the same and to affix the seal of the City thereto and to cause the Inden- ture to be delivered to, accepted and acknowledged by the Trustee, the Indenture which constitutes and is hereby made a part of this authorizing Resolution, to be in substantially the form, text and containing the provisions set forth in the official record of the - j proceedings of this meeting by the Council. It is hereby declared i that the official form of the Indenture has been heretofore 1 approved by the Attorneys of the City and given due consideration and approval by this Council. 1 ' Section 3. That the City loan to the Company the i proceeds of the Bonds pursuant to the Loan Agreement. That there be and there is hereby authorized the execution of such a Loan Agreement in the form and with the contents hereinafter set forth, and the Mayor is hereby authorized and directed to execute and i acknowledge the Loan Agreement, and the Clerk is hereby authorized and directed to attest the same and affix the seal of the City thereto, the Loan Agreement, which constitutes and is hereby made a part of this authorizing Resolution, to be in substantially the form, text, and containing the provisions set forth in the official records of the proceedings hereof. It is hereby declared that the official form of the Loan Agreement has been heretofore I " `J... MICROFIU4EO.BY.._ r, JORM MICR + LAB CEDAR RAIDS • DEE MOINES 1 1 i approved by the Attorneys for the City and given due consideration and approval by this Council. Section 4. That the sale of the Bonds to the Purchasers upon the terms of P par and accrued interest be and the same is hereby directed and approved. Section 5. That the Mayor and the Clerk are hereby authorized and directed to execute any and all documents and do j any and all things deemed necessary in order to effect the accomplishment of the Project, the issuance and sale of the Bond and the execution and delivery of the Loan Agreement and the j Indenture and to carry out the intent and purpose of this i + Resolution. j i Section 6. That the provisions of this Resolution are (` i hereby declared tp be separable and if any section, phrase or provisions shall for any reason be declared to be invalid, such { declaration shall not affect the validity of the remainder of the sections, phrases and provisions. j Section 7. That all resolutions and parts thereof in I conflict herewith are hereby repealed to the extent of such conflict. I Section B. That this Rbsolution shall become effective 9 immediately upon its passage and approval. v PASSED AND APPROVED this 13th day of September , tt� 1983. ATTEST: Mayor Y City Clerk _ - (SEAL) I MICROFILMED BY__.. JORM MICR+LAB j#{ CEDAR OPIDS • DES MDINES I 1 1. I, the undersigned, being first duly sworn, do hereby depose and certify that I am the duly appointed, qualified and acting City Clerk of the City of Iowa City, in the State of Iowa; that as such I have in my possession, or have access to, the complete corporate records of said City and of its Council and officers; that I have carefully compared the transcript hereto attached with the aforesaid corporate records; and that said transcript hereto attached is a true, correct and complete copy of all of the corporate records showing the action taken by the City Council of said City at a meeting open to the public which was called in accordance with Chapter 28A of the Iowa Code, and notice to the general public and news media was made twenty—four (24) hours prior to the time of the meeting. WITNESS, my hand and the Corporate Seal of the City hereto affixed at Iowa City, Iowa, this 13th day of September 1983. (SEAL) _._.....f. ,__._.MICRGFILMED.AY- 1 JORM. MICR+LAB -CEDAR. RFPIDS • DE: MOINES I City Clerk It' I i r { is r, _.i i J I i i I, the undersigned, being first duly sworn, do hereby depose and certify that I am the duly appointed, qualified and acting City Clerk of the City of Iowa City, in the State of Iowa; that as such I have in my possession, or have access to, the complete corporate records of said City and of its Council and officers; that I have carefully compared the transcript hereto attached with the aforesaid corporate records; and that said transcript hereto attached is a true, correct and complete copy of all of the corporate records showing the action taken by the City Council of said City at a meeting open to the public which was called in accordance with Chapter 28A of the Iowa Code, and notice to the general public and news media was made twenty—four (24) hours prior to the time of the meeting. WITNESS, my hand and the Corporate Seal of the City hereto affixed at Iowa City, Iowa, this 13th day of September 1983. (SEAL) _._.....f. ,__._.MICRGFILMED.AY- 1 JORM. MICR+LAB -CEDAR. RFPIDS • DE: MOINES I City Clerk It' I �1 6 1 RESOLUTION NO. 83-302 RESOLUTION APPROVING IOWA CITY AIRPORT CODPIISSION PROPOSAL TO FAA TO REINSTATE COMPLIANCE STATUS OF THE IOWA CITY AIRPORT AND ESTABLISH ELIGIBILITY FOR FEDERAL FUNDING WHEREAS, the Iowa City Airport Commission has recommended to the City Council that a written proposal be sent to the Federal Aviation Administration, Kansas City, Missouri; and WHEREAS, said proposal is developed to remove the Iowa City Airport from its present status of non-compliance to the status of compliance with federal requirements in order to re-establish eligibility for federal funding; and WHEREAS, the City Council has examined and hereby approves the proposal of the Iowa City Airport Commission and finds that adoption of the proposal would be in the public interest; and WHEREAS, the proposal is designed to further the development of the Iowa City Airport including the development of runway 6-24 as the preferred instrument approach runway and the City of Iowa City will be required to expend certain public moneys as set out in the proposal equivalent to ten percent of the total estimated cost with the Federal Aviation Administration providing ninety percent of the funding for the total estimated cost in the event that federal funding is available; that City moneys will be expended only if there is an assurance that federal funding equivalent to ninety percent will be made available; and WHEREAS, the City Council of Iowa City hereby reaffirms its support for general aviation operations at the Iowa City Air- port and for the improvement and development of the Airport. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOIVA CITY, IOIVA, That the Mayor is hereby directed to send the Iowa City Air- port Commission proposal to the Federal Aviation Administration with an appropriate letter stating the Iowa City Council's sup- port for the proposal. It was moved by Erdahl and seconded by Dickson the Resolution be adopted, and upon roll call there were: _,_..-_MICROFILMED.BY..._-__..'_ _. - JORM MICR( LAB i CEDAR. WP! DES MOINES t} I i i i i i q i i j i 6 1 RESOLUTION NO. 83-302 RESOLUTION APPROVING IOWA CITY AIRPORT CODPIISSION PROPOSAL TO FAA TO REINSTATE COMPLIANCE STATUS OF THE IOWA CITY AIRPORT AND ESTABLISH ELIGIBILITY FOR FEDERAL FUNDING WHEREAS, the Iowa City Airport Commission has recommended to the City Council that a written proposal be sent to the Federal Aviation Administration, Kansas City, Missouri; and WHEREAS, said proposal is developed to remove the Iowa City Airport from its present status of non-compliance to the status of compliance with federal requirements in order to re-establish eligibility for federal funding; and WHEREAS, the City Council has examined and hereby approves the proposal of the Iowa City Airport Commission and finds that adoption of the proposal would be in the public interest; and WHEREAS, the proposal is designed to further the development of the Iowa City Airport including the development of runway 6-24 as the preferred instrument approach runway and the City of Iowa City will be required to expend certain public moneys as set out in the proposal equivalent to ten percent of the total estimated cost with the Federal Aviation Administration providing ninety percent of the funding for the total estimated cost in the event that federal funding is available; that City moneys will be expended only if there is an assurance that federal funding equivalent to ninety percent will be made available; and WHEREAS, the City Council of Iowa City hereby reaffirms its support for general aviation operations at the Iowa City Air- port and for the improvement and development of the Airport. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOIVA CITY, IOIVA, That the Mayor is hereby directed to send the Iowa City Air- port Commission proposal to the Federal Aviation Administration with an appropriate letter stating the Iowa City Council's sup- port for the proposal. It was moved by Erdahl and seconded by Dickson the Resolution be adopted, and upon roll call there were: _,_..-_MICROFILMED.BY..._-__..'_ _. - JORM MICR( LAB i CEDAR. WP! DES MOINES t} I I Resolution N••33-302 ,., � Page 2 AYES: NAYS: ABSENT: X Balmer X Dickson X Erdahl X Lynch X McDonald X Neuhauser X Perret Passed and approved this 13thday of September , 1983. II r a nuvoR " ATTEST: rn CLEi CITYgRK . _. Received g AWwad by Th legal Depawdnwg JORIM MICR+LAB CEDAR RAPIDS • DESMOINES