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Dubuque West Hospitality, LLC Storm Water Facilities Fee Agreement1 Kevin Firnstahl From:Tracey Stecklein Sent:Friday, July 07, 2017 4:45 PM To:Byron Sarhangian Cc:Barry Lindahl Subject:JDSK - Assignment Dubuque Attachments:Sarhangian_DubuqueWestHospitalityAssignment-JDSKToAHIP_071315.pdf Good afternoon Attorney Sarhangian:    Attached is a copy of a July 13, 2015 letter from City of Dubuque, Iowa City Attorney Barry Lindahl regarding the  recorded Assignment of Storm Water Facilities Fee Agreement between Dubuque West Hospitality and AHIP. Also  enclosed with and referenced in that letter was Dubuque County Recorder Official Receipt no. 2015‐00005509 for  $27.00 regarding the recording fee for that recorded Assignment. Mr. Lindahl had requested in his letter that you remit  the $27.00 payment directly to the Dubuque County Recorder.     Today the City of Dubuque City Clerk’s Office was contacted by the Dubuque County Recorder’s Office advising that this  invoice is still outstanding.  Please advise if your records indicate that you have made payment.  However, if you have  not already done so, we would appreciate it if you would please remit payment at your earliest convenience to the  Dubuque County Recorder.     Please feel free to contact me if you have any questions or need additional information regarding this matter.     Thank you.     Tracey Stecklein City Attorney's Office Suite 330, Harbor View Place 300 Main Street Dubuque, IA 52001-6944 Phone: 563.583.4113 Fax: 563.583.1040   Copyright 2014 City of Dubuque Consent Items # 20. ITEM TITLE: Dubuque West Hospitality, LLC Storm Water Facilities Fee Agreement Assignment SUMMARY: City Manager recommending approval of the Assignment of Storm Water Facilities Fee Agreement assigning Dubuque West Hospitality, LLC's interest in Lot 2 of Holliday 4th Addition to the purchaser of that property, AHIP IA Dubuque Properties LLC. SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Approve ATTACHMENTS: Description Type E Assignment of Stormwater Facilities Fee Agreement -MVM Memo City Manager Memo ❑ Staff Memo Staff Memo ❑ Assignment and Consent Supporting Documentation THE CITY OF Dui Masterpiece on the Mississippi Dubuque band AI -America City r 2007 • 2012 • 2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Lot 2 of Holliday Fourth Addition - Stormwater Facilities Fee Agreement DATE: June 9, 2015 City Attorney Barry Lindahl is recommending City Council approval of the Assignment of Storm Water Facilities Fee Agreement assigning Dubuque West Hospitality, LLC's interest in Lot 2 of Holliday 4tn Addition to the purchaser of that property, AHIP IA Dubuque Properties LLC. I concur with the recommendation and respectfully request Mayor and City Council approval. IA/1144 ,,,,, Mic ael C. Van Milligen MCVM:sv Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager THE CITY OF DUB E MEMORANDUM Masterpiece on the Mississippi BARRY LINDAHL CITY ATTORNEY To: Michael C. Van Milligen City Manager DATE: June 9, 2015 RE: Lot 2 of Holliday Fourth Addition — Stormwater Facilities Fee Agreement The purpose of this memo is to recommend City Council consent to the assignment of interest in the Stormwater Facilities Agreement (Agreement) between the City and Dubuque West Hospitality, LLC for Lot 2 of Holliday Fourth Addition. Holliday 4th Addition is a commercially zoned development that includes the extension of Holliday Drive to the south from Asbury Road west of the Northwest Arterial. Because the development exceeds one acre, stormwater detention was required. The site is directly north of the Northwest Arterial Detention Basin and all drainage from the site flows to the basin. To meet detention basin requirements, the Developer, QHQ Properties (QHQ) was granted permission to use the City's detention basin instead of constructing a new detention basin of its own. The Northwest Arterial detention facility, located just south of Holliday 3rd Addition, has been functional since the Spring of 2002. The basic premise of the Agreement is that the City will provide detention service and QHQ will reimburse the City for the cost of the service. In June of 2004, the City Council approved the Stormwater Facilities Fee Agreement with QHQ. Under the Agreement, the City received a one-time payment of $62,250. In addition, the City receives an annual maintenance fee that escalates by 2.5% each year. The Agreement allowed QHQ to assign its interest in the Fee Agreement with the City's consent with the sale of each parcel property. The City Council has previously consented to several assignments of the Stormwater Facilities Fee Agreement to purchasers of the property. OFFICE OF THE CITY ATTORNEY DUBUQUE, IOWA SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001-6944 TELEPHONE (563) 583-4113 / FAX (563) 583-1040 / EMAIL balesq@cityofdubuque.org Attached is another Assignment of Stormwater Facilities Fee Agreement assigning the Dubuque West Hospitality, LLC's interest in Lot 2 of Holliday 4th Addition to the purchaser of that property, AHIP IA Dubuque Properties LLC. I recommend that the Assignment of Storm Water Facilities Fee Agreement be submitted to the City Council for consideration and consent. BAL:tls Attachment cc: Gus Psihoyos, City Engineer Jenny Larson, Budget Director Ken TeKippe, Finance Director Deron Muehring, Civil Engineer II F:\USERS\Laserfche Legal\QHQ Properties\MVM_DubuqueWestHospitalityLLCConsentToAssignmentLot2Holliday4thToAHIPDubuque_060915.doc 2 11111 llI 111101 NI 1111 Illl11hl11 V 11 11111 Doc ID 008269950005 Type: GEN Kind AGREEMENT Recorded: 06/29/2015 at 02:41:26 PM Fee Amt: $27.00 Page 1 of 5 Dubuque County Iowa John Murphy Recorder File2015-00008315 PREPARED BY: Snell & Wilmer L.L.P. One Arizona Center 400 E. Van Buren Street Phoenix, AZ 85004 Attention: Byron Sarhangian (602)382-6000 AFTER RECORDING RETURN TO: Snell & Wilmer L.L.P. One Arizona Center 400 E. Van Buren Street Phoenix, AZ 85004 Attention: Byron Sarhangian ASSIGNMENT OF STORM WATER FACILITIES FEE AGREEMENT AND CONSENT TO ASSIGNMENT BY THE CITY OF DUBUQUE This Ass' ent of Storm Water Facilities Fee Agreement is dated for reference purposes the day of ___ , 2015. WHEREAS, DUBUQUE WEST HOSPITALITY, LLC, a South Dakota Limited liability company ("Dubuque West") is the partial Successor in Interest in and to that certain City of Dubuque Storm Water Facilities Fee Agreement (the "Agreement"), a copy of which was recorded as Instrument No. 10046-04, records of the Dubuque County Recorder with respect to the real estate described as follows: Lot 2 of Holliday Fourth Addition (the "Real Estate") WHEREAS, Dubuque West has sold the Real Estate to AHIP IA Dubuque Properties LLC, a Delaware limited liability company ("AHIP Dubuque"); and WHEREAS, Dubuque West desires to assign its interest in the Agreement to AHIP Dubuque, as provided herein. 060215ba1 2100 City Ce k NOW, TFIEREFORE, in consideration of the terms, conditions, covenants and performances contained herein, the parties agree as follows: SECTION 1. Subject to the consent of the City of Dubuque (the "City"), Dubuque West hereby assigns its interest in the Agreement related to the Real Estate to AHIP Dubuque. SECTION 2. Commencing January 1, 2016 and January 1 of each year thereafter, AHIP Dubuque (with respect to the Real Estate) shall pay the annual detention basin and drainage channel maintenance fee for the maintenance of the Northwest Arterial Detention Basin and Drainage Channel, all in accordance with the Agreement. The parties acknowledge that the annual fee for 2016 is $549.15 and for each year thereafter shall be calculated by adding 2.5% to the fee for the previous year fee for each respective parcel of real estate which totals 2.212 acres in area. SECTION 3. Annual fees shall be paid by the respective parties hereunder to the City by not later than January 31 of each year. In the event that the annual fee is not paid by January 31 for the year when it is due, the parties agree that City shall have the right to assess the fee against the respective property for collection in the same manner as the property tax. SECTION 4. AHIP Dubuque hereby assumes all responsibilities required under the Agreement with respect to the Real. Estate. SECTION 5. The Agreement and this Assignment shall be binding on the parties and their successors, heirs and assigns. [signatures on following pages] 21735172.2 IN WITNESS WHEW OF, the parties executed the foregoing as of the date here first above written. DUBUQUE WE aSouthDak By: Printed Name LITY, LLC, ity company STATE OF 'F -- COUNTY OF he f regoing instrument was acknowledged before me on AWN,, 2015 by , thehn :'1 of DUBUQUE WEST HOSPITALITY, LLC, a South Dakota limited liability co pankn6wn to be the identical person whose name is affixed to the foregoing instrument and acknowledged the execution thereof to be his voluntary act and deed on behalf of said company. GENERAL NOTARY -State of Nebraska KIM ROSKENS My Comm. Exp. Jan. 12, 2016 Notary Public My commission expires 21735172.2 3 AMP IA DUBU P i a Delaware f • fA t / By: PROPERTIES LLC, ability company ‘lavo-Rj AA . kt•cr Printed Name A-WK01 tf2.4 ?sal 0 444 Title s STATE OF 74dtttilef*A gitS County of ) ss. The foregoing instrument was acknowledged before me this .23 day of , 2015, by ..lcs M Mk kke," the OruitAA4 t;.*. PO-W.0M of AHIP IA DUBUQUE PROPERTTFS LLC, a Delaware limited liability company, for and on behalf of the company. My Corrunission Expires: riilif 4111.11111mallamilifteellamallimillikvallft•VNIProplallw PATRICIA R. MEZOUARI-BANUELOS Notary Public, State of Texas My Commission Expires May 09, 2018 21735172.2 4 CONSENT TO ASSIGNMENT The City of Dubuque hereby consents to the foregoing Assignment. CITY OF DU By: UQUE, IOWA Roy Buol, Mayor Printed Name Mayor Title 21735172.2 21735172,2 5