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HomeMy WebLinkAboutIowa Department of Economic Development-6/27/2011IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT APPLICATION for ENTERPRISE ZONE CERTIFICATION City (Population of 24,000+) Iowa Department of Economic Development Division of Business Development 200 East Grand Avenue Des Moines, Iowa 50309 JULY 2002 INTENT: The Enterprise Zone Program was established by the Iowa Legislature with the intent of promoting new economic development in economically distressed areas of Iowa by encouraging communities to target resources in ways that attract productive private investment. GENERAL INSTRUCTIONS 1. If more than 12 months has elapsed since the date on the front of this application, please contact IDED to see if this version of the application is still current. 2. Before filling out this application form, please read Iowa Code Sections 15E.191 through 15E.196, as amended by 2002 Iowa Acts, H.F. 2378 and the Enterprise Zone administrative rules. 3. Only typed or computer-generated applications will be accepted and reviewed. (Contact the IDED to have an electronic copy of this application e-mailed to you.) Any material change to the format, questions or wording of questions presented in this application, will render the application invalid and will not be accepted. 4. Complete the application fully; if any questions are left unanswered or required attachments are not submitted, an explanation must be included. 5. Use clear and concise language. Attachments should only be used when requested or as supporting documentation. 6. Any inaccurate information of a significant nature may disqualify the application from consideration. 7. Send the original copy of the completed application and all required attachments to: Kent Powell Project Manager Iowa Department of Economic Development 200 East Grand Avenue Des Moines, Iowa 50309 Phone: (515) 242-4735 Fax: (515) 242-4795 E-mail: kent.powellAided.state.ia.us Completed applications will be reviewed and acted upon by the Iowa Department of Economic Development's Board of Directors during their monthly board meetings. The IDED Board meets on the 3rd Wednesday and the subsequent Thursday of every month. Applications received by IDED on or before the 1 of the month will be included on the agenda for that month's board meeting. PUBLIC RECORDS POLICIES The Iowa Department of Economic Development (IDED) is subject to the Open Records law (2001 Iowa Code, Chapter 22). Treatment of information submitted to IDED in an application is governed by the provisions of the Open Records law. All public records are available for public inspection. Copies of Iowa's Open Records law and IDED's administrative rules relating to public records are available from the Department upon request. 1 July 2002 APPLICANT INFORMATION City: City of Waterloo Official Representative (Name & Title): Tim Hurley, Mayor Address: City Hall, 715 Mulberry Street City, State & Zip Code: Waterloo, Iowa 50703 Telephone: 319.291.43 01 Fax: 319.291.4286 This application was prepared by: Name & Title: Noel Anderson, City Planner Organization: City of Waterloo Community Planning & Development Department Address: City Hall, 715 Mulberry Street City, State & Zip Code: Waterloo, Iowa 50703 Telephone: 319.291.43 66 Fax: 319.291.4262 E-mail Address: noel.anderson@waterloo-ia.org CERTIFICATIONS I, the undersigned, on behalf of the City identified herein, hereby submit the following application under Iowa Code Sections 15E.191 through 15E.196, as amended by 2002 Iowa Acts, H.F. 2378. I certify that the City has complied with all applicable laws of the State of Iowa with respect to Enterprise Zone certification. Furthermore, all action on the City's part, such as a resolution from the City Council authorizing the execution and delivery of this Application for Enterprise Zone Certification and naming the undersigned officer of this City authorized to execute this application, has effectively been taken. I certify that all information, representations, or statements provided to the Iowa Department of Economic Development (IDED) in connection with this application are true and correct in all material aspects. I understand that by submitting and signing this application, I am certifying on behalf of the City that the designated area is under the jurisdiction of my City. Signature Ernest Clark, Mayor Print name and title June 27, 2011 Date 2 July 2002 APPLICATION INFORMATION If more than one Enterprise Zone is being designated, please prepare a separate application for each proposed Enterprise Zone. 1. Please indicate which two eligibility criteria the designated area* has met in order to be eligible to apply for Enterprise Zone Certification. A) The area has a per capita income of $12,648 or less based on the 2000 Census. B) The area has a family poverty rate of 12% or higher based on the 2000 Census. C) Ten percent or more of the housing units are vacant in the area. D) The valuations of each class of property in the designated area is 75% or less of the citywide average for that classification based upon the most recent valuations for property tax purposes. E) The area is a blighted area, as defined in Iowa Code section 403.17. * One or more contiguous census tracts or other geographic units located within the boundaries of a city with a population of 24,000 or more as shown by the 2000 Census. The Lincoln School site qualifies under criteria A, B, and E. Criteria A) These sites are located along the periphery of the Census Tract #5 boundary. Census Tract #5 has a Per Capita income of $12,118. Criteria B) These sites are located along the periphery of the Census Tract #1 boundary. Census Tract #1 has a family poverty rate of 18.5%. Criteria E) This area is considered blighted by Iowa code 403.17. 1) Portions of this area suffer from deteriorating structures- The structure is in poor condition and major renovations or demolition would have to be undertaken before the site could be returned to use. 2) Faulty lot layout in relation to usefulness and accessibility- The lot is currently designed for the purpose of a school, and would not meet appropriate residential codes without improvements. 3) Deterioration of improvements- Available parking areas are in poor condition and would need to be replaced. Please attach supporting documentation that shows how the designated area meets these eligibility criteria. 2. What is the total area (in acres) of the County in which the City is located? NA 3. How many acres within the County have previously been certified as Enterprise Zones? NA 4. Please indicate the size (in acres) of the Enterprise Zone for which you are requesting certification. 5. Does the proposed Enterprise Zone include any area that qualifies as an Empowerment Zone or Enterprise Community, pursuant to Title XIII of the federal Omnibus Budget Reconciliation Act of 1993? If so, 3 July 2002 please indicate the size (in acres) of the area that qualifies as an Empowerment Zone or Enterprise Community. No. 6. Attach a legal description for the proposed Enterprise Zone. See attached. 7. Attach a detailed map (no larger than 8" x 14"), which shows the boundaries of the proposed Enterprise Zone. See attached. 8. Please describe the current land use of the proposed Enterprise Zone and include the names of any existing businesses currently located in the proposed Enterprise Zone.3 Site Current Use Names of Businesses Lincoln Vacant school building None. 9. Please describe how the proposed Enterprise Zone will be used. The designation of these areas as Enterprise Zones will give the City and State the ability to offer more incentives for their reuse. It is important to note that these sites are specifically to help for the redevelopment of vacant or soon-to-be vacant buildings of large sizes that may prove difficult to fmd a reuse for in our marketplace. The vacant school building will be difficult to find reuse for as they have limited potential being located in residential districts and surrounded primarily by single-family homes. The Enterprise Zone incentives will be another enticement to try and motivate someone to build in this area. 10. If applicable, please describe the local property tax exemption authorized by the City Council for the proposed Enterprise Zone. (Please note that a local property tax exemption is not required.) If other property tax exemptions or incentives will be used in lieu of an Enterprise Zone property tax exemption, such as Urban Revitalization Areas, Tax Increment Financing (TIF) districts, or Industrial Property Exemption authorized under Iowa Code Section 427B, please indicate this. The Lincoln School site is located within an urban revitalization area, which has a three-year 100% schedule or the graduated 10 -year schedule of 80%, 70%, 60%, 50%, 40% 40%, 30%, 30%, 20%, 20%. 11. Attach the original copy of the City Council resolution requesting Enterprise Zone certification and designating, if applicable, the property tax exemption for the zone. See attached. ATTACHMENTS Please make sure the following items are included with this application: ❑ Supporting documentation that shows how the designated area meets the eligibility criteria. ❑ Legal description for the proposed Enterprise Zone. u Detailed map (no larger than 8" x 14") which shows the boundaries of the proposed Enterprise Zone. ❑ Original copy of the City Council resolution requesting Enterprise Zone certification and designating, if applicable, the property tax exemption for the zone. 4 July 2002