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HomeMy WebLinkAbout1975-07-01 ResolutionI 75-212 RESOLUTION NO. RESOLUTION APPROVING, PIANS, SPECIFICATIONS STREET -AND FORM OF CONTRACT FOR WASHINGTON PARKING LOT JUNE 19 75 plans, specifications WHEREAS, on the 10TH day of a -City, Iowa, filed with the City Clerk of Iowa for the construc - and form of contract were tion Washington Street Parking Lot" - within the City of Iowa City, Iowa; and WHEREAS, notice of hearing on plans, specifications and form of contract was published as required by law: NOW,, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: specifications and form of contract are hereby approved as That.the said plans, the plane, specifications and form of contract for said 111''1 13 ton Street Parkin Lot Neuhauser that the deProsse and seconded by. It was moved by resolution as read be adopted, and upon roll call there were: - AYES: _ NAYES: ABSENT: Brandt X X Czarnecki: X. Davidsen X- - - deProsse X Neuhauser July 1975 Passed and approved this 1st day of / or i I 'z�c ATTEST: City Clerk `1 _.:. jt;�� FOURTH ADDENDUM TO PART I OF CONTRACT FOR.SALE OF LAND FOR PRIVATE REDEVELOPMENT By and Between Old Capitol Associates, a Partnership, and - t. The City of Iowa City, a municipal corporation The following amendments and modifications are hereby made forming Part I hereof: in the terms, covenants and conditions 1. Schedule C is amended to - read as follows: SCHEDULE C LAND DELIVERY SCHEDULE Total Price Take -Down Date Parcel No. �— All property listed herein shall 64-1 $158,9I2 `-be conveyed and paid for._on 65-2 72,'800 or before March 1, 1976 174,.307 65-4 105,000 81-3 84,375 81-4-- - 74,800 82-1 412720 83-1 563,200 84-1 114,000 93-1 - 171,000 101-2 14,896 102-1 _ 15,075 102-2 90,750 102-3 52,500 102-4 _ 121,500 103-3 ,': -„ *Completion refers to entire residential/commercial improvement. • -2- • 2. Schedule D is amended to read as follows:`' SCHEDULE D CONSTRUCTION COMMENCEMENT AND COMPLETION -SCHEDULE -Parcel%No. Commence Estimated_Completion- -81-3 -_- Sept.,, 1975 Sept., 1976 `81-4 Sept.-, 1975 Sept. -1,1976 103-3 Oct., 1975 Oct., 1976 102-3 Apr., 1976 Apr. 1977 102-4 "` Apr., 1976 Apr., 1977 101-2 July, 1976- *`5 Years 93-1 Apr., 1977 * 5 Years - 83-1 July, 1977 May, 1979 84-1 July, 1977 May, 1979 65-4 Apr., 1978 Apr., 1979 82-1 July, 1978 June,- _1979--_ -_--- 102-1 Apr., 1979 Apr., 1980 102-2 Apr., 1980 Apr., 1981 64-1 July, 1979 July, 1981 65-2 Apr., 1980 Apr., 1981 *Completion refers to entire residential/commercial improvement. -3- Vacate, convey to Redeveloper q capitol, Burlington to upon'Redeveloper's request court - 5, Dubuque, Washington to Vacate, maintain Burlington to Redeveloper Blocks 83 and 84' Vacate, convey 6. Alley, Vacate, convey to Redeveloper 7. Alley, Block 101 part to Redevel- Vacate, convey 8. Alley, Block 64 oper traffic restrictions 9. Madison, Iowa to Burlington Selective under consideration Selective traffic restrictions 10. Washington, Clinton tb under consideration Madison restrictions -ton to 11. Dubuque, Washing Selective..traffic under consideration Jefferson Vacate, convey to Redeveloper 12. Bast 40 feet of alley, Block 82,_ Vacate, convey to Redeveloper 13.-South 97 feet of alley - Block 102. _7- 4. Paragraph 3 -of -Schedule F is amended to read as follows: -. 3. The City will exchange the following -described - property: The North 310 feet of the east one-half of Block - 101, the north 310 feet -of the alley in Block 101;_ the vacated right-of-way of Capitol Street from the south boundary. of 3urlington Street to the north boundary of Court Street subject to easement for subsurface utility purposes over. the -following -described property - All the roperty:A11-the area -inside -a line described as follows: Commencing at the northwest corner Block '93 of the - Original Town of Iowa City, Iowa, recorded in the JohnsonCountyRecorder Office thence easterly along " the-south--right-of-way-line extended of Burlington Street 343.00 feet to the point of beginning; thence ` southerly 90'00'00" from said right-of-way ;line to a point 60.00 feet north of the north right-of-way line extended to Court Street; thence Westerly -90°00'00" - 11.00 feet; thence southerly 90'00'00"'60.00 feet to the north right-of-way line extended of Court Street; thence easterly 68.00 feet along ,said right-of-way line extended; thence northerly 90°00'00""5.00'feet from said right-of-way line extended; - thence westerly 90000'00"-22.00 feet; thence northerly 90'00'.00" to the south -right-of-way line _extended of Burlington: Street;_ thence westerly 90000100 35.00 feet to the point of beginning. For - The air rights over Parcel 84-1 and the northernmost 280 feet of Parcel 83-1 sufficient to construct two levels of, parking and the column supports outlined in Schedule E. - The transfer of title of the vacated right-of-way of Capitol Street, the -north :_310_feet of the east one- half -of Block 101 and the north 310 feet of the alley in `Block 101, to ,the Redeveloper will be made at any time before the end of the construction.period.set out in Schedule D as requestedbythe Redeveloper. The additionalproperty acquired by the Redeveloper under the provisions of this paragraph, shall be subject to all of:the ,.-same restrictions and conditions applicable to the development of the urban renewal parcels under parts I and II_of_this contract.' In the event the Re - livery of the deed to any developer requests deof these additional properties before it is certain that the air rights hall properties ertiesused by thecity as provided herein,: the -city he may require the Redeveloper to deposit with' -the city, : following sums in.the form of cashier's checks payable to - the City as -security for the performance of the agreement to construct the -shopping -mall in Blocks 83 and 84: Deposit Property - $ Capitol Street right-of-way 76.000.00 The north 310 feet of the east " 204,600.00 one (1/2) of Block 101 The north 310 feet of the alley in 27,280.00 Block 101 The city shall earn interest on the deposits.- All such deposits, plus accrued interest,- shall be returned to the Redeveloper by the city on the date the Redeveloper com- mences construction of the shopping mall. If because of the acts or omissions of:the Redeveloper - If the air -rights are not useable by the city for parking deposits plus the accrued interest, may be retained by the city as liquidated damages. city agrees to purchase the southernmost 120 feet more The or less, ,ci on March 1, 1976, at the appraised value Parcel 83-1, ($3.22 per square foot),rkinfrom facility. ifeforoanyhreasontthis tion.of a multi-level-pag ur property is not used by the `city ,for this purpose, the property rice shall be shall revert to the Redeveloper and the purchase p returned to -the City. In -the event ithe reversion takes place as or omission of the Redeveloper, the -result of;-the act then Redeveloper shall pay e returned purchase p at the rate of six percent (6%) per annum, such interest to be period from March 1, 1976 to the date of payment. paid for` -the The city will complete excavation , grading and retaining walls for the access -road to the Redeveloper's mall :service :area or th (basement) in the vacated right-of-way of Capitol street as indicated onSheetY5 Site Plan, submitted by the Redeveloper with his offer to purchase, as amended. These substituted provisions together with all previous- amendments substitutednot tent herewith and the remaining, unchanged portionsof; the March 19, 1974 contract, constitute the agreement of the parties. - To amend Section 5 so that provisions a) and c) apply not only -to the parking facility- in Block 64 but the 'parking facility in 83 - 84 - with the addition: "The city shall construct in blocks 83-84 a parking facility up to 1,000 ears 'that can_be-financed by revenue bonds based -. -upon-what -the: city determines to be reasonable parking rates. RESOLUTION NO. 757217- RESOLUTION OF APPROVAL OF CLASS B-BEER LICENSE APPLICATION." SUNDAY SALES BE IT RESOLVED', BY THE CITY COUNCIL OF IOWA CITY`, IOWA, that a Class ''B BEER-Sunday 'Sales 'Permit application.is hereby -approved-for-the--following named person or persons at the following described location: Jose Taco, _517 S. Riverside Drive Said approval shall be subject -to any conditions or restrictions hereafterimposedby ordinance of state law. The City_ Clerk_ shall cause a recommendation for approval to - be endorsed the application and-`forward the same together: _upon with the ,license fee, bond, and all other information or_docu- ments required to.the Iowa Beer -and-Liquor Control Department. It moved by Brandt and seconded by `Davidsen _was that the Resolution as reade a op e , and upon roll call there were: - - AYES: NAYS: ABSENT: Brandt X Czarnecki X Davidsen X. - „_deProsse g Neuhauser X _ Passed this 1st• day of July 19=75 -: