HomeMy WebLinkAboutIowa Department of Economic Development-12/20/2010changing.
Bret Mills, Director
Iowa Department of Economic Development
FY 2011
Brownfield Redevelopment
Program Application
Business Development Division
Iowa Department of Economic Development
Completed forms with attachments should be sent to:
E-mail: matt.rasmussen@iowa.gov
Mail: Iowa Department of Economic Development
ATTN: Matt Rasmussen
200 East Grand Avenue
Des Moines, Iowa 50309
Fax: 515.725.3010
Questions? Need assistance? Contact Matt Rasmussen, Program Manager at 515.725.3126.
PART 1: APPLICANT/SPONSORSHIP/OWNERSHIP INFORMATION
Applicant City of Waterloo
Street Address: 715 Mulberry
City: Waterloo State: Iowa Tip Code: 50703
Contact Person: Chris Westem, Planner II
Telephone Number. 319-291-4366 Fax Number 319-291-4262
Email Address: chris.w m@waterloo-ia.org
Signature: / /1 47019(116
Applicant Sponsor (if required):
Street Address:
City: State:
Contact Person:
Telephone Number.
Email Address:
Zip Code:
Fax Number.
Signature:
Property Owner (if different than applicant):
Street Address:
City: State: Zip Code:
Contact Person:
Telephone Number. Fax Number.
Email Address:
Signature:
PART 2: TYPE OF APPLICATION
(Please check one)
X❑ City or County
❑ Site Owner with Sponsorship of City or County
0 Non -Site Owner with Tile Transfer Agreement
❑ City or County
❑ Other with City or County Sponsorship
Note: Attach copy of city/county resolution for application and/or sponsorship. If the application is
from a non -site owner, please attach the We transfer agreement
2
PART 3: ELIGIBILITY
la.) Is the project a brownfield site as defined under Iowa Administrative Code (261) Chapter 65. 2? X❑ Yes
❑ No
lb.) Is the proposed site abandoned? ❑ Yes X❑ No
1c.) Is the proposed site underutilized? X❑ Yes 0 No
1d.) Is there evidence of contamination on the proposed site? X❑ Yes
❑ No
2) Is the site proposed to be included on the federal Comprehensive Environmental Response, Compensation, and Liability Act
(CERCLA) program list? ❑ Yes X❑ No
3a.) Does the site have contaminants that can be addressed under the state's Leaking Underground Storage Tank (LUST)
program? 0 Yes X❑ No
3b.) Does the site have other non -LUST contaminants that may be involved within the scope of the project? X❑ Yes
❑ No
4) Is the financial assistance request no more than 25% of the total project cost? X❑ Yes ❑ No
5) Will the applicant use the proceeds of any assistance received for acquisition, remediation, or redevelopment of brownfield
sites? X❑ Yes ❑ No
PART 4: TYPE AND AMOUNT OF ASSISTANCE REQUESTED
Amount of assistance requested: $$75,000.00
Total project cost $$390,000.00
Form of Assistance Requested (check appropriate form):
O Loan
❑ Forgivable loan
❑ Loan guarantee
X❑ Grant
❑ Other.
Has the Applicant applied for or received funds from any other federal, state, county or city governmental entities? List sources
and provided funding status. No
3
PART 5: BUSINESS PLAN SECTION
5a. Use of Funds
Financing by Source (Use sources as identified in part 5b)
Activity
Site Investigation
Cost
Source A
Source B
Source C
Source D
Source E
Source F
Site Remediation
Source B: City of Waterloo
$305,000
General
Obligation
Bonds
Source C:
Monitoring
Source D:
Site Acquisition
$25,000
$25,000
Source F:
Rehabilitation
Total:
$380,000
Utilities
Other
Infrastructure
Asbestos removal
$150,000
$75,000
$75,000
Demolition
$205,000
$205,000
Other
Subtotal:
$380,000
New Construction
Machinery &
Equip
Other
Subtotal:
Total:
$380,000
$75,000
$305,000
5b. Terms of Proposed Financing
(Attach documentation verifying all sources of funds)
Source (Include all sources in part 5a)
Amount
Type
Rate
Term
Source A: Brownfield Redevelopment Fund
$75,000
Grant
Source B: City of Waterloo
$305,000
General
Obligation
Bonds
Source C:
Source D:
Source E:
Source F:
Total:
$380,000
4
If assistance is awarded, does sufficient funding exist to complete remediation of the site? X❑ Yes
❑No
If no, describe how the project will be completed to effectively redevelop the site.
PART 6: PROJECT DESCRIPTION
Provide Address and Legal Description of the property:
330 Madison Street, Waterloo Iowa
LOTS 1 THRU 4 AND LOTS 15 THRU 18 BLK 6, HILLSIDE ADDITION, CITY OF WATERLOO, BLACK HAWK
COUNTY, IOWA
Provide site description* (size, location, current and past activity on site, etc.)
The Black Hawk County Assessor's Office indicates the site contains the former two story 17,317 square foot school building,
and is located on 1.14 acres of property. The former school was constructed in 1900. The site is located on the west side of
Idaho Street between Madison Street to the North and Monroe Street to the South. Residences surround the site on the West,
North, and South, with the new Highland Elementary School across Idaho Street to the East. Ten new houses are being
constructed immediately to the west, on former playground property. (see attachment B)
The Waterloo Community Schools sold the former Francis Grout Elementary School in 2000 to a private party in order to
remodel it into residential property. The planned remodeling has not progressed and the structure has continued to deteriorate.
The Waterloo Schools constructed a new elementary school across the street in 2008. In order to provide sites for infill single
family housing in the neighborhood the City of Waterloo purchased the site for $25,000. Closing on the site will occur before
December 31, 2010.
*Please attach map and pictures of the site and sun-ounding area.
(see attachment C)
List the potential known or suspected contamination present on the project site:
El Soil
El Groundwater
❑ Surface Water
❑ Air
X❑ Other. Asbestos
Does contamination exist throughout the site or in specific areas on the site?
Asbestos is contained throughout the former school building.
Does Contamination extend beyond the property boundaries?
No
5
To what degree have the site contaminates and remediation activities been identified by the applicant? (Check all that apply and
provide a brief description)
Have any of the following been conducted:
0 Phase I Environmental Assessment (attach copy)
0 Phase II Environmental Assessment (attach copy)
0 Phase III Environmental Assessment (attach copy)
0 LUST Investigation Assessment Tier I/and or II (attach copy)
0 Risk Based Corrective Action Plan (attach copy)
X❑ Other: Asbestos, a survey to detail the locations is underway.
Project Implementation: Fully describe the project including acquisition, environmental remediation activities, brownfield
redevelopment and a project implementation schedule. (exhibits may be included but not substituted for this narrative which is
limited to two pages)
The Waterloo Community Schools sold the former Francis Grout Elementary School in 2000 to a private party in order to
remodel it into residential property. The planned remodeling has not progressed and the structure has continued to deteriorate.
The Waterloo Schools constructed a new elementary school across the street in 2008. In order to provide sites for infill single
family housing in the neighborhood the City of Waterloo purchased the site for $25,000. Closing on the site will occur before
December 31, 2010. The City will contribute the land for $1.00 as an incentive to a developer to construct the houses.
It is expected that six new houses, valued at $150,000 each, will be constructed on the site for total redevelopment project cost
of $900,000 and an approximate taxable value of $450,000.
Project Implementation Schedule: Identify significant project milestone dates. (Start date, midpoint
progress check, and project completion date)
Site purchased by City December 2010
Finalize contract with IDED for Brownfield redevelopment Program Funding June 2011
Complete Demolition Specifications August 2011
Let Bids for Demolition September 2011
Complete Demolition February 2011
Secure Developer Interest in Site December 2011
PART 7: ESTIMATED COMMUNITY IMPROVEMENT IMPACTS
Current assessed value of the brownfield site: $41,950; Taxable $20,358.
Project assessed value of the brownfield site after project completion: $900,000 assessed; $450,000 taxable
As applicable, describe the private investment on the site as a result of the remediation: six houses at $150,000 each for a total
of $900,000
6
As Applicable, List the type of full time job positions, wages and benefits to be paid as a private investment after the brownfield
site is redeveloped: It does not appear that permanent jobs will be created at this site as it is expected that six houses will be
constructed on the site. However, temporary jobs will be created due to the construction of the houses.
As Applicable, describe any anticipated ancillary (offsite) private and/or public investment that will occur as a result of
remediation of the site: The former Francis Grout School is deteriorated and has a blighted impact on the surrounding
residential neighborhood. Once it is removed the value of adjacent properties can be expected to increase as the marketability
for the surrounding houses increases.
Describe the potential for the project to promote viable community reuse and/or economic development in the area of the site:
(use a five year timeframe) This site will support the construction of at least six new single family houses. The site is directly
across the street from the new Highland Elementary School. It is projected that all six houses will be completed in the five year
time frame.
Is the project located in an economic development enterprise zone?
7
XD Yes ❑ No
APPENDIX A
CITY RESOLUTION
8
RESOLUTION NO. 2010-1127
RESOLUTION AUTHORIZING AND APPROVING
SUBMISSION OF AN APPLICATION TO THE STATE OF
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT FOR
THE FY 2011 BROWNFIELD REDEVELOPMENT PROGRAM
IN THE AMOUNT OF $75,000.00
WHEREAS, the City of Waterloo is interested in the economic
redevelopment of the former Francis Grout School, and
WHEREAS, the State of Iowa has provided initiatives for the
acquisition and sustainable reuse of Brownfields, and
WHEREAS, the Francis Grout School site is a brownfield as
defined by Iowa Administrative Code Section 261.65.2, and
WHEREAS, the City of Waterloo is an entity eligible to
receive and has the ability to manage said funds, and has the
authority to_carry out the work included in the application, and
WHEREAS, the City intends to use the award for the removal
of environmental hazards located on the property, and
WHEREAS, the City of Waterloo, therefore, desires to apply
for the FY 2011 Iowa Brownfield Redevelopment Program award and
commits $305,000.00 as match for a total project cost of
$380,000.00.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that the State of Iowa Application for a
Brownfield Redevelopment Program in the amount of $75,000.00 as
referred in the preamble hereof, be and the same is hereby
approved as to form and content.
BE IT FURTHER RESOLVED that the Mayor and City Clerk are
authorized to sign all documents and forms for said application
and that city staff is hereby authorized and directed to submit
such application to the State of Iowa for and on behalf of the
City of Waterloo.
PASSED AND ADOPTED this 20th da of December, 2010.
ATTEST:
Suzy, : chares, CMC
City Clerk
est G. Clark, Mayor
APPENDIX B
SITE INFORMATION
9
APPENDIX C
MAP and SITE PHOTOS
10