HomeMy WebLinkAboutPH Rath Urban RenewalSTATE OF IOWA, }
Black Hawk County, SS
IMPORTANT NOTICE — PUBLIC HEAR-
ING MONDAY, NOVEMBER 25, 2019 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 RATH URBAN RENEWAL AND
REDEVELOPMENT PLAN, TO INCLUDE
ADDITIONAL PROJECTS AND UPDATE
RELATED FINANCIAL INFORMATION.
The area included in the Rath Urban
Renewal and Redevelopment Plan (the
"Plan") is an area of slum and blight and
an econornic development area within the
meaning of Iowa Code Section
403.17(10). Such area is appropriate for
commercial and industrial enterprises and
is eligible for an urban renewal project
and otherwise meets all requisites under
the provisions of lowa Code Chapter 403.
The rehabilitation, conservation, develop-
ment, redevelopment, or a combination of
such activities, of such area is 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 Plan, originally adopted in 1990 and
subsequently amended in 2004, 2009,
and 2016. The amendment is proposed to
include one or more additional urban
renewal projects and to update related
financial summaries of bonding capacity,
project expenses, and funding sources.
The Plan area, which is not being
changed by the proposed amendment to
the Plan, is described as follows:
Beginning at the point of intersection of
the centerline of East Eleventh street and
the Northerly bank of the Cedar River,
thence Northeasterly along the centerline
of East Eleventh Street to its intersection
with the centerline of Franklin Street,
thence Southeasterly and Easterly along
the centerline of Franklin Street to its
intersection with the centerline of Vinton
Street, thence, Southerly -,,along the
centerline of Vinton street to its intersec-
tion with, the centerline of Sycamore
Street, thence Southeasterly along the
centerline of Sycamore Street to its
intersection with the centerline of Dunham
Place, thence Southerly along the center-
line of Dunham Place and an extension of
the centerline of Dunham Place to its
intersection with the Cedar River, thence
Northwesterly along the Northerly bank of
the Cedar River to the point of beginning,
all in the City of Waterloo, Black Hawk
County, Iowa (the "Original Area").
And
Beginning at the intersection of the
centerline of Nevada Street and Lafayette
Street, thence Southeasterly along the
centerline of Lafayette Street to the
centerline of Glendale Street, thence
South along the centerline of Glendale
Street and an extension thereof, to the
point where said extension would inter-
sect the extension Easterly of the
centerline of Hawthorne Avenue, thence
West along the extension of the centerline
of Hawthorne Avenue and the centerline
of Hawthorne Avenue to the centerline of
northbound Washington Street, thence
Northwesterly along the centerline of
northbound Washington Street to the
centerline of West 12th Street, thence
Northeasterly along the centerline of West
12th Street and its extension Northeaster-
ly to the Southerly line of the Cedar River,
thence Northwesterly along the Cedar
River to centerline of West 11th Street,
thence Northeasterly across Cedar River
along the centerline of the 11th Street
bridge and continuing Northeasterly along
the centerline of East 11th Street to the
centerline of Sycamore Street, thence
Northwesterly along the centerline of
Sycamore Street to the centerline of East
7th Street thence Northeaster) alon the
centerline of East 7th Street to the
centerline of Franklin Street, thence
Northwesterly along the centerline of
Franklin Street to the centerline of
Westbound Martin Luther King Jr. Drive,
thence Nortfieasterlyfoflowing said West-
bound centerline to the centerline of
South Barclay Street, thence South along
the centerline of South Barclay Street to
the centerline of Martin, Luther King Jr.
Drive, thence Northeasterly along the
centerline of Martin Luther King Jr. Drive
to the centerline of Linden: Avenue,
thence South along the centerline of
Linden Avenue to the centerline of the
Canadian National Illinois Central Rail-
road, thence following said railroad
centerline to the centerline of Nevada
Street, thence South along the centerline
of Nevada Street to the point of
beginning, except the Original Area.
And
That part of Sections 29, 30, 31 and 32 in
Township 89 North, Range 12 West of the
5th Principal Meridian in the City of
Waterloo, Black Hawk County, Iowa,
more particularly described as follows:
Commencing at the intersection of the
centerline of Lafayette Street and the
centerline of Glendale Street; thence
South along the centerline of Glendale
Street to its intersection with the
centerline of the existing spur line of the
Canadian National Railroad, said point
also being the Point of Beginning; thence
continuing South along the platted, now
vacated centerline of Glendale Street to
the point of intersection with the
Northeasterly line of the Cedar River;
thence Southeasterly following the North-
easterly line of the Cedar River to its
intersection with the East line of the City
of Waterloo Corporate Limits (as now
established in Section 32, Township 89
North, Range 12 West); thence North
following said Corporate Limit line to the
Southerly line of Dubuque Road; thence
Northwesterly following the Southerly line
of Dubuque Road to its intersection with
the East line of Block 8 of Blowers
Addition; thence South along the East line
of said Block 8 to the most Southerly
corner of Lot 19 Block 8 said addition;
thence South to the most Northeasterly
comer of Lot 9 Block 17 Blowers Addition;
thence South along the East line of said
Block 17, and an extension thereof to the
Southerly line of Lafayette Street; thence
Northwesterly along the Southerly line of
Lafayette Street to the Southeasterly line
of Block 2 Kahler's Addition; thence
Southwesterly along the Southeasterly
line of Block 2 Kahler's Addition to the
centerline of the existing spur line of the
Canadian National Railroad; thence
Northwesterly along said railroad line to
the Point of Beginning.
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, November 25, 2019, in
the City Council Chambers at City Hall in
Waterloo, Iowa. Any questions regarding
the proposed amendment to the 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
hearing.
By order of the City Council this 18th day
of November, 2019.
Kelley Felchle, City Clerk
I do solemnly swear that the annexed copy of legal
City of Waterloo
Public Hearing: Rath Urban Renewal and
Redevelopment Plan
Notice was published in the Waterloo -Cedar Falls
Courier, a daily newspaper printed in Waterloo, Black
Hawk County, Iowa, once commencing on the 19tH
day of November, 2019 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 $92.24
L[10k
Signed
Subscribed and sworn to before me this
Day of c\CiA.D., 20 19
Received of
the sum of
Dollars.
In full for publication of the above notice.
JODI E MCKINSTRY.
COMMI •ION Ns, 7112.413
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