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Restrictive Covenant for Residential Real Estate - 1449 Jackson Street Copyrighted May 7, 2018 City of Dubuque Consent Items # 26. ITEM TITLE: Restrictive Covenantfor Residential Real Estate - 1449 Jackson Street SUMMARY: City Manager recommending approval of a resolution attaching a Restrictive Covenant to 1449 Jackson Street requiring that the property be owner-occupied for a 21-year period. RESOLUTION Attaching Single-Family Residence Restrictive Covenant to 1449 Jackson Street, Dubuque, I owa SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s) ATTACHMENTS: Description Type 1449 Jackson Street 21 Year Restrictive Covenant- City Manager Memo NNM Memo Staff Memo Staff Memo Resolution Resolutions THE CITY OF Dubuque � AIFA�erlwGh UB E '�� III► Masterpiece on the Mississippi Z°°'�w'2 7A13 2017 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Restrictive Covenant for Residential Real Estate regarding 1449 Jackson Street DATE: April 30, 2018 Housing and Community Development Department Director Alvin Nash recommends City Council approval of a Resolution attaching a Restrictive Covenant to 1449 Jackson Street, requiring that the property be owner-occupied for a 21-year period. I concur with the recommendation and respectfully request Mayor and City Council approval. �1.� ��.�, i�,� Mic ael C. Van Milligen �� � MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Alvin Nash, Housing and Community Development Department Director THE CITY OF Dubuque � D V L L All-America CityY 1 I I�r Masterpiece on the Mississippi 2012 TO: Michael Van Milligen, City Manager FROM: Alvin Nash, Housing and Community Development Department SUBJECT: Restrictive Covenant for Residential Real Estate regarding 1449 Jackson Street DATE: April 25, 2018 Introduction The purpose of this memorandum is to request City Council approval of the attached Resolution attaching a Restrictive Covenant to the above listed property. Discussion The Restrictive Covenant will assist in keeping ownership in the neighborhoods by providing owner-occupied properties for a 21-year period. Action Step The action requested of the City Council is to sign the attached Resolution and Restrictive Covenant for the above described real estate. KLN Attach. RESOLUTION NO. 128-18 ATTACHING SINGLE FAMILY RESIDENCE RESTRICTIVE COVENANT TO 1449 JACKSON STREET, DUBUQUE, IOWA Whereas, The City desires to attach restrictive covenants to 1449 Jackson Street prior to disposal of said property; and Whereas, said property will be disposed of by the City and the City desires said property to be owner -occupied for a period of twenty-one (21) years after the sale. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City Council of the City of Dubuque approves the restrictive covenants for 1449 Jackson, legally described as: The South One -Half of the Middle One -Fifth of Lot 494 in the City of Dubuque, Iowa, according to the United States Commissioners Map of the town of Dubuque, Iowa. Section 2. The Mayor is hereby authorized and directed to sign this Resolution and the Restrictive Covenant for the above described real estate. Section 3. The City is Clerk is hereby authorized and directed to cause said Restrictive Covenant to be recorded in the Office of the Dubuque County Recorder, together with a certified copy of this Resolution. Passed, approved and adopted this 7th day of May018. Attest: Kin Firnstahl, ity Clerk Roy D. BuoF ayor Prepared by Kris Neyen, 350 W. 6th Street, Suite 312 Dubuque, IA 52001 563-589-4239 RESTRICTIVE COVENANTS FOR RESIDENTIAL REAL ESTATE KNOW ALL PERSONS BY THERE PRESENT that the City of Dubuque, Iowa (City), the owner of the following premises situated in the City of Dubuque, Iowa: The South One -Half of the Middle One -Fifth of Lot 494 in the City of Dubuque, Iowa, according to the United States Commissioners Map of the town of Dubuque, Iowa — 1449 Jackson Street (Real Estate) does hereby establish and place the following restrictive covenants on the Real Estate: 1. The Real Estate shall be known and described as residential Real Estate, and shall not be improved, used or occupied for other than one (1) private single-family residential use. The Real Estate and any part thereof must be owner occupied. Rental of the Real Estate is not allowed. No portion of the Real Estate can be rented as an apartment. 2. The City has the right to enforce, by any proceedings in law or in equity, all restrictions, conditions and covenants now or hereafter imposed by the provisions of these restrictive covenants. 3. These covenants shall be filed for record in the office of the Dubuque County Recorder and all covenants, agreements, promises and representations herein stated shall be deemed to be covenants running with the Real Estate and shall endure and be binding on the parties hereto, their mortgagees, lienholders, successors and assigns, for a period of twenty-one (21) years from the date of the recording of these covenants. The property owner has the right to renew these covenants for successive twenty-one (21) year periods. 4. Invalidation of any of these covenants by judgment or court order shall in no way affect any of the other provisions, which shall remain in full force and effect. 5. The waiver of any violation or failure to enforce any such restrictions, easements, and covenants shall not in any event operate as a waiver, impairment or abrogation of same, or the right to enforce the same in the event of any future or other breach of the same of any other restriction, easement, rule or covenant, by the same or any other person. 6. These restrictions, easements, rules and covenants shall be construed under and in accordance with the laws of the State of Iowa. The foregoing provisions encumber the Real Estate described as: The South One -Half of the Middle One -Fifth of Lot 494 in the City of Dubuque, Iowa, according to the United States Commissioners Map of the town of Dubuque, Iowa. Executed by the respective signatories effective the date first above written. CITY OF DU UQUE, IOWA By: Roy` D ATTEST: ol, Mayor Keg n S. Firnsta1Ki, City Clerk On this j day of CSL , 2018, before me, a Notary Public in and for said state, personally appeared oy D. Buol and Kevin S. Firnstahl known to me to be the person(s) named in and who executed the foregoing instrument, and acknowledged that they executed the same as their voluntary act and de PA''.`ILLA J. McCARRON Commission Number 772419 My Comm. Exp. 2 Notary Public it the State of Iowa MyCommission expires 4L -,_°5--,,,Z4