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HomeMy WebLinkAboutAmendments to NE Inudstrial AreaSTATE OF IOWA, Black Hawk County, IMPORTANT NOTICE — PUBLIC HEAR- ING MONDAY, AUGUST 6, 2018 AT 5:30 P.M., CITY COUNCIL CHAMBERS, CITY HALL, WATERLOO, IOWA. THE PURPOSE OF THE PUBLIC HEARING IS TO DISCUSS AND MAKE ANY NECESSARY AMENDMENTS TO THE NORTHEAST INDUSTRIAL AREA URBAN RENEWAL AND REDEVELOP- MENT PLAN IN ORDER TO ADD ADDITIONAL AREA AND TO INCLUDE OTHER UPDATES, The area included in the Northeast Industrial Area Urban Renewal and Redevelopment Plan is an economic development area within the meaning of Iowa Code Section 403.17(10). Such area is appropriate for commercial and Indus. trial enterprises and is eligible for an urban renewal project and otherwise meets all requisites under the provisions of Iowa Code Chapter 403. The general scope of urban renewal activities in the area involves the rehabilitation, conserve - tion, development, and redevelopment of such area, or a combination of such activities in the area, to promote continued growth and development of commercial activities in the area through various public purpose and special financing activities outlined in the Plan. These activities are deemed necessary in the interest of the public health, safety or welfare of the residents of the City of Waterloo. The Plan Amendment is an amendment to the Northeast Industrial Area Urban Renewal and Redevelopment Plan (the "Plan"), originally adopted in 1993 and subsequently amended in 2004, 2015 and 2017. Among other modifications to the Plan, the Plan Amendment proposes to add the following additional areas to the Plan: The Northwest 1/4 of the Southwest % of Section 15, T89N, R12W, except the North 1/P thereof, Black Hawk County, Iowa. AND That part of the right-of-way of North Elk Run Road described as follows: Beginning at the Southeast Comer of Section 16, T89N, R12W, thence West along the South line of said Section 16 to its intersection with a Southerly extension of the Westerly right-of-way line of North Elk Run Road, thence Northerly along said Southerly extension of the Westerly right-of-way line of North Elk Run Road and the Westerly right-of-way line of North Elk Run Road to its intersection with the Westerly extension of the South line of the North h of the Northwest 1/4 of the Southwest Quarter of Section 15, T89N, R12W, thence Easterly along said Westerly extension to its intersection with the East line of said Section 16, thence South along the East line of said Section 16 to the point of beginning, City of Waterloo, Black Hawk County Iowa. The Plan provides that the City may issue bonds or use available funds for purposes allowed by the Plan Amendment, and that tax increment reimbursement of such costs will be sought if and to the extent incurred by the City. The Plan may be further amended from time to time to respond to future development opportuni- ties. The public hearing will be held at 5:30 p.m. on Monday, August 6, 2018, in the City Council Chambers at City Hall in Waterloo, Iowa. Any questions regarding =Industrial Plan Amendment to the Northeast Industrial Area Urban Renewal and Redevelopment Plan should be directed to the Planning and Zoning Office at 291-4366. Anyone who is interested may appear at same time and place and be heard or may file written objections or comments with the City Clerk, City Hall, 715 Mulberry Street, Waterloo, Iowa, before the date set for said hearing By order of the City Council this 2nd"slay PfJuly,2Qt8. x I do solemnly swear that the annexed copy of legal City of Waterloo Public Hearing: Amendments to Northeast SS Industrial Area Notice was published in the Waterloo -Cedar Falls Courier, a daily newspaper printed in Waterloo, Black Hawk County, Iowa, once commencing on the 23rd day of July, 2018 in the name of said newspaper, and that the annexed rate of advertised is the regular legal rate of said newspaper, and that the following is a correct bill for publishing said notice. Printer's Bill $47.67 Signed Subscribed and sworn to before me this Day of L I A.D., 20-tx— Received of the sum of Notary Public Dollars. In full for publication of the above notice. •� JODI E NICKINSTRY . *rOMMI ION.78 4 ` MY ro,•t