HomeMy WebLinkAbout5564-07.13.2020Prepared by Chris Wendland, City Attorney, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703,
(319) 291-4323.
ORDINANCE NO. 5564
AN ORDINANCE AMENDING ORDINANCE NOS. 4351, 4748, 4956, 5431, 5432,
AND 5507A PROVIDING THAT GENERAL PROPERTY TAXES LEVIED AND
COLLECTED EACH YEAR ON ALL PROPERTY LOCATED WITHIN THE
AMENDED SAN MARNAN URBAN RENEWAL AND REDEVELOPMENT AREA
OF THE CITY OF WATERLOO, COUNTY OF BLACK HAWK, STATE OF IOWA,
BY AND FOR THE BENEFIT OF THE STATE OF IOWA, CITY OF WATERLOO,
COUNTY OF BLACK HAWK, WATERLOO COMMUNITY SCHOOL DISTRICT,
AND OTHER TAXING DISTRICTS, BE PAID TO A SPECIAL FUND FOR
PAYMENT OF PRINCIPAL AND INTEREST ON LOANS, MONIES ADVANCED
TO AN INDEBTEDNESS, INCLUDING BONDS ISSUED OR TO BE ISSUED,
INCURRED BY SAID CITY IN CONNECTION WITH THE AMENDED SAN
MARNAN URBAN RENEWAL AND REDEVELOPMENT PLAN PROJECT.
WHEREAS, the City Council of the City of Waterloo, Iowa has heretofore, in Ordinance Nos.
4351, 4748, 4956, 5431, 5432 and 5507A provided for the division of taxes within the San Marnan Urban
Renewal and Redevelopment Plan Project Area, pursuant to Section 403.19 of the Code of Iowa; and
WHEREAS, territory has been added to the San Marnan Urban Renewal and Redevelopment
Plan Project Area; and
WHEREAS, indebtedness has been incurred by the City, and additional indebtedness is
anticipated to be incurred in the future, to finance urban renewal project activities within said Project
Area, and the continuing needs of redevelopment within the amended Project Area are such as to require
the continued application of the incremental tax resources of the amended Project Area; and
WHEREAS, the following enactment is necessary to accomplish the objectives described in the
San Marnan Urban Renewal and Redevelopment Plan, as amended.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA THAT:
Ordinance Numbers 4351, 4748, 4956, 5431, 5432 and 5507A are hereby amended to read as
follows:
Section 1: For purposes of this Ordinance, the following terms shall have the following
meanings:
(a) Original Project Area shall mean that portion of the City of Waterloo, Iowa described
in the urban renewal and redevelopment plan for the San Martian Urban Renewal and
Redevelopment Plan Area approved by Resolution No. 1999-499 adopted on July 26,
1999, which Original Project Area includes the lots and parcels located within the
area legally described as follows (unaffected by Amendment No. 3):
A part of the NW 1/4 of the NE 1/4, NE 1/4 of the NE 1/4 and the SW 1/4 of the
NE 1/4 of Section 9-88-13, Waterloo, Black Hawk County, Iowa, described as
follows:
Commencing at the Northeast corner of the NW 1/4 of the NE 1/4 of said Section
9; thence S 00°26'14" E along the East Line of the NW 1/4 of the NE 1/4 of said
Section 9 a distance of 463.53 feet to the point of beginning; thence S 89°03'48" E a
distance of 110.02 feet; thence Northeasterly along a curve concave Northwesterly
having a radius of 82.72 feet and a long chord bearing N 64°43'56" E a distance of
75.66 feet to the Northerly R-O-W line of Tower Park Drive as platted in Tower
Park, Waterloo, Black Hawk County, Iowa; thence S 51°28'16" E along the Westerly
end of said Tower Park Drive a distance of 60.00 feet; thence Southwesterly along a
curve concave Northwesterly having a radius of 142.72 feet and a long chord bearing
S 64°43'57" W a distance of 130.55 feet; thence N 89°03'48" W a distance of 58.09
feet; thence Southerly along a curve concave Southeasterly having a radius of 20.00
feet and a long chord bearing S 45°14'59" W a distance of 31.90 feet; thence S
00°26'14" E a distance of 346.22 feet; thence N 89°34'11" W a distance of 30.00 feet
to the East line of the NW 1/4 of the NE 1/4 of said Section 9; thence S 00°26'14" E
along the East line of the NW 1/4 of the NE 1/4 and the East line of the SW 1/4 of the
NE 1/4 of said Section 9 a distance of 470.00 feet to the Northerly R-O-W of U.S.
Hwy. 20; thence N 89°34'11" W along said Northerly R-O-W a distance of 780.00
feet; thence N 00°26'14" W a distance of 530.00 feet; thence S 89°34'11" E a distance
of 750.00 feet; thence N 00°26'14" W a distance of 367.24 feet; thence S 89°03'48" E
a distance of 30.01 feet to the point of beginning, all in the City of Waterloo, Black
Hawk County, Iowa.
The East line of the NW 1/4 of the NE 1/4 of Section 9-88-13, Waterloo, Black
Hawk County, Iowa is assumed to bear S 00°26'14" E.
(b) Amendment No. 1 Area shall mean that portion of the City of Waterloo, Iowa
described in Amendment No. 1 to the urban renewal and redevelopment plan for the
San Marnan Urban Renewal and Redevelopment Plan Area approved by Resolution
No. 2004-835, adopted on December 13, 2004, which Amendment No. 1 Area
includes the lots and parcels located within the area legally described as follows, as
later modified to remove therefrom those portions of the Amendment No. 3 Removal
Area situated therein:
Beginning at the intersection of the centerlines of W. 4th Street and West San
Marnan Drive, thence Easterly along the centerline of West San Marnan Drive to the
point where the centerline of Johnathon Street extended would intersect said
centerline, thence South and Southeasterly along the extension of the centerline and
the centerline of Johnathon Street to the South line of Tower Park Drive, thence
Southwesterly along an arc following the Southerly line of Tower Park Drive to the
Westerly line of Tract A of Tower Park Addition, thence South 45°26' 14" East a
distance of 173.84 feet, to a point on the Southwesterly line of Lot 1 Tower Park
Addition, thence following said line of Lot 1 57.3 feet along a 64 foot radius curve,
thence South 45°26' 14" East 52 feet to the point of intersection of Lot 1 and Tract A,
thence South 54°48' 14" East to the most Southerly corner of Tract A, thence in a
straight line to the most Westerly corner of Lot 1 of Tower Park No. 2, thence East
along the South line of said Lot 1 and an extension thereof to the centerline of
Kimball Avenue, thence South along the centerline of Kimball Avenue to the
centerline of U.S. Highway 20, thence Easterly along the centerline of U.S. Highway
20 to its intersection with the East line of the West 3/4 of Section 10 Township 88
Range 13, thence South along the East line of the West 3/4 of said Section 10 to the
South line of said Section, thence West along the South line of Section 10 Township
88 Range 13 to the Southwest corner of said Section, thence continuing West along
the South line of Section 9 Township 88 Range 13 to the Southwest corner of said
Section, thence West 466 feet along the South line of Section 8 Township 88 Range
13, thence North 466 feet, thence East 466 feet to the East line of said Section 8,
thence North along the East line of said Section to its intersection with the centerline
of U.S. Highway 20, thence Westerly along said centerline to its intersection with the
centerline of West 4th Street, thence North along the centerline of West 4th Street to
the centerline of San Marnan Drive, said point being the point of beginning, except
that part described as follows:
A part of the NW 1/4 of the NE 1/4, NE 1/4 of the NE 1/4 and the SW 1/4 of the
NE 1/4 of Section 9-88-13, Waterloo, Black Hawk County, Iowa, described as
follows:
Commencing at the Northeast corner of the NW 1/4 of the NE 1/4 of said Section
9; thence S 00°26'14" E along the East Line of the NW 1/4 of the NE 1/4 of said
Section 9 a distance of 463.53 feet to the point of beginning; thence S 89°03'48" E a
distance of 110.02 feet; thence Northeasterly along a curve concave Northwesterly
having a radius of 82.72 feet and a long chord bearing N 64°43'56" E a distance of
75.66 feet to the Northerly R-O-W line of Tower Park Drive as platted in Tower
Park, Waterloo, Black Hawk County, Iowa; thence S 51 °28' 16" E along the Westerly
end of said Tower Park Drive a distance of 60.00 feet; thence Southwesterly along a
curve concave Northwesterly having a radius of 142.72 feet and a long chord bearing
S 64°43'57" W a distance of 130.55 feet; thence N 89°03'48" W a distance of 58.09
feet; thence Southerly along a curve concave Southeasterly having a radius of 20.00
feet and a long chord bearing S 45°14'59" W a distance of 31.90 feet; thence S
00°26'14" E a distance of 346.22 feet; thence N 89°34'11" W a distance of 30.00 feet
to the East line of the NW 1/4 of the NE 1/4 of said Section 9; thence S 00°26'14" E
along the East line of the NW 1/4 of the NE 1/4 and the East line of the SW 1/4 of the
NE 1/4 of said Section 9 a distance of 470.00 feet to the Northerly R-O-W of U.S.
Hwy. 20; thence N 89°34'11" W along said Northerly R-O-W a distance of 780.00
feet; thence N 00°26'14" W a distance of 530.00 feet; thence S 89°34'11" E a distance
of 750.00 feet; thence N 00°26' 14" W a distance of 367.24 feet; thence S 89°03'48" E
a distance of 30.01 feet to the point of beginning, all in the City of Waterloo, Black
Hawk County, Iowa.
The East line of the NW 1/4 of the NE 1/4 of Section 9-88-13, Waterloo, Black
Hawk County, Iowa is assumed to bear S 00°26'14" E.
(c) Amendment No. 2 Area shall mean that portion of the City of Waterloo, Iowa
described in Amendment No. 2 to the urban renewal and redevelopment plan for the
San Marnan Urban Renewal and Redevelopment Plan Area approved by Resolution
No. 2009-912, adopted on September 14, 2009, which Amendment No. 2 Area
includes the lots and parcels located within the area legally described as follows
(unaffected by Amendment No. 3):
A parcel of land in the Northwest Quarter (NW 1/4) of Section 10, Township 88
North, Range 13 West of the 5t1i P.M., Black Hawk County, Iowa, described as
follows:
Beginning at the intersection of the centerline of Kimball Avenue and the
centerline of US Highway 20; thence Easterly along the centerline of US Highway 20
to the intersection of said centerline and the Southerly extension of the Western -most
line of Lot 1, Anderson's Addition; thence Northerly along said Western -most line of
Lot 1, Anderson's Addition and the extension thereof, to the South line of Lot 1,
Anderson's Pt Addition; thence Westerly along the South line of Lot 1, Anderson's
1 st Addition and the South end of the Mirage Ridge right of way to the West right of
way line of Mirage Ridge; thence North along the West right of way line of Mirage
Ridge to the South line of Lot 1, Anderson's Fifth Addition; thence Westerly along
the South line of Lot 1, Anderson's Fifth Addition and Lot 1, Anderson's Eighth
Addition and the Westerly extension thereof, to the centerline of Kimball Avenue;
thence Southerly along the centerline of Kimball Avenue to the centerline of US
Highway 20 and the point of beginning, all in the City of Waterloo, Black Hawk
County, Iowa.
(d) Amendment No. 3 Removal Area shall mean that portion of the City of Waterloo,
Iowa described in an Amendment to the urban renewal and redevelopment plan for
the San Marnan Urban Renewal and Redevelopment Plan Area approved by
Resolution No. 2017-964, adopted on November 27, 2017, which Removal Area
includes the lots and parcels located within the area legally described as follows:
That part of above described Amendment No. 1 area located in Section 9 and 10
of T88 R13 lying Southerly of the centerline of US Highway 20.
AND
That part of the above described Amendment No. 1 area located in Section 8 of
T88 R13, except that part of said Section 8 described as Beginning at the intersection
of the East line of the NE 1/4 of said Section 8 and an Easterly extension of the South
line of the parcel of land described in Land Deed Book 543, Page 141, in the Black
Hawk County Recorder's Office; thence S89°40'05"W 49.00'; thence continuing
S89°40'05"W 188.62'; thence S89°05'28"W to the Easterly right-of-way line of
Galactic Drive; thence Northerly along said Easterly right-of-way line and an
extension of said Easterly right-of-way line to the centerline of West San Marnan
Drive; thence Easterly along said centerline to a point that would intersect a
Northerly extension of the East line of said Section 8; thence Southerly along said
Northerly extension and the East line of said Section 8 to the Point of Beginning.
AND
That part of the above described Amendment No. 1 area described as Beginning
at the intersection of the centerline of West San Marnan Drive and the Northerly
extension of the West line of the Northeast'/4 of the Northwest 1/4 of Section 9, T88
R13; thence Southerly along said Northerly extension and said West line to the
Northerly right-of-way line US Highway 20; thence Easterly along said Northerly
right-of-way line to the Southwest corner of Lot 1 of Tower Technology Park Plat
No. 1; thence Northerly along the Westerly line of said Lot 1 to the Northwest comer
of said Lot 1; thence Northerly along the Westerly most line of Tract A of Tower
Technology Park Plat No. 1 to the Northwest corner of said Tract A that is on said
Westerly most line of said Tract A; thence Easterly along the Northerly right-of-way
line of Fisher Drive, as presently established, to a point that is N89°34'50"W 50.00'
from the Southwest corner of Lot 3 of Tower Park No. 5; thence NO°26'00"W
310.66' to the Southerly right-of-way line of Tower Park Drive, as presently
established; thence Easterly along said Southerly right-of-way line to a point where a
Southerly extension of the West line of Lot 2 of Tower Park No. 5 would intersect;
thence Northerly along a Southerly extension of said West line, along said West line,
and along a Northerly extension of said West line to the centerline of West San
Marnan Drive; thence Westerly along said centerline to the point where a Northerly
extension of the Easterly line of Lot 1 of Tower Park No. 6 would intersect; thence
Southerly along said Northerly extension and said Easterly line to the Southeast
corner of said Lot 1; thence Westerly along the South line of said Lot 1 to the
Southwest corner of said Lot 1; thence Northerly along the Easterly right-of-way line
of Hurst Drive and a Northerly extension of said Easterly right-of-way line to the
centerline of West San Marnan Drive; thence Westerly along said centerline of West
San Marnan Drive to the Point of Beginning.
AND
That part of the above described Amendment No. 1 area described as: Lot 1,
Tract A, and Tract B of Tower Park No. 4.
AND
That part of the above described Amendment No. 1 area described as: Lot A and
Lot 3 except the East 21.99 feet of Lot 3 of Country Club Business Center Addition,
and Lot 2 of Country Club Business Center Second Addition, and Lot 3 of Country
Club Business Center Third Addition.
(e) Amendment No. 5 Area shall mean that portion of the City of Waterloo, Iowa
described in an Amendment to the urban renewal and redevelopment plan for the San
Marnan Urban Renewal and Redevelopment Plan Area approved by Resolution No.
2019-518, adopted on July 8, 2019, which Amendment Area removes those parts of
Lots 1 thru 24 of Sunnyside South Addition lying within Section 8 of T88 R13 and
includes the lots and parcels located within the area legally described as follows:
Beginning at the intersection of the centerlines of West San Marnan Drive and
Johnathan Street, thence Northerly along an extension of the centerline of Johnathan
Street to the Northerly right-of-way line of West San Marnan Drive as presently
established, thence Easterly along the present Northerly right-of-way line of West
San Marnan Drive to the centerline of Pheasant Lane, thence Northerly along the
centerline of Pheasant Lane to the centerline of Brookeridge Drive, thence Easterly
along the centerline of Brookeridge Drive to the centerline of Kimball Avenue,
thence Southerly along the centerline of Kimball Avenue to its intersection with the
Easterly extension of the North line of Lot 5 of Tower Park, thence Westerly along
the Easterly extension of the North line of Lot 5 and the North line of Lot 5 of Tower
Park to the Northwesterly corner of said Lot 5, thence Southwesterly along the
Northwesterly line of said Lot 5 to the Southwesterly corner of Said Lot 5, thence
Northwesterly, Westerly and Northerly along the Southerly and Westerly lines of Lot
4 of Tower Park to the Northwest corner of said Lot 4, thence Westerly to the
Northeast corner of Lot 3 of Tower Park, thence N00°24'22"W 6.98 feet along an
extension of the East line of said Lot 3, thence N89°38'05"W 401.08 feet, thence
NOO°56'12"E 17.02 feet, thence N89°03'48"W 258.97 feet, thence S00°26' 14"W 20
feet to the Northwest corner of Lot 2 of Tower Park, thence due West to the
centerline of Johnathan Street, thence Northerly along the centerline of Johnathan
Street to its intersection with the centerline of West San Marnan Drive and the Point
of Beginning.
AND
Lot 1 of Anderson's Eighth Addition.
(f) Amendment No. 6 Area shall mean that portion of the City of Waterloo, Iowa
described in an Amendment to the urban renewal and redevelopment plan for the San
Marnan Urban Renewal and Redevelopment Plan Area approved by Resolution No.
2020-522, adopted on July 13, 2020, which Amendment Area includes the lots and
parcels located within the area legally described as follows:
Beginning at the Southwest corner of the Southeast 1/4 of the Southeast 1/4 of Section
10, T88N R13W; thence North 33 feet to the Northerly right-of-way line of East
Shaulis Road as presently established; thence Easterly along said Northerly right-of-
way line of East Shaulis Road to the West line of the Southwest 1/4 of the Southeast 1/4
of Section 11, T88N R13W; thence Northerly along said West line to the North line
of said Southwest 1/4 of the Southeast 1/4; thence Easterly along said North line of said
Southwest 1/4 of the Southeast 1/4, and the North line of the Southeast 1/4 of the
Southeast 1/4 of said Section 11, and an Easterly extension of the North line of said
Southeast 1/4 of the Southeast 1/4 to the Easterly right-of-way line of Hess Road as
presently established in Section 12, T88N R13W; thence Southerly along said
Easterly right-of-way line of Hess Road to the Northerly right-of-way line of East
Shaulis Road as presently established; thence Westerly along said Northerly right-of-
way line of East Shaulis Road to the East line of Section 11, T88N R13W; thence
Southerly along the East line of said Section 11 and the East line of Section 14, T88N
R13W to the Southerly right-of-way line of East Shaulis Road as presently
established; thence Westerly along said Southerly right-of-way line of East Shaulis
Road to the West line of the Northeast 1/4 of the Northeast 1/4 of Section 15, T88N
R13W; thence Northerly along said West line to the Northwest corner of the
Northeast 1/4 of the Northeast 1/4 of said Section 15, said point also being the
Southwest corner of the Southeast 1/4 of the Southeast 1/4 of Section 10, T88N R13W,
and the Point of Beginning.
And,
Beginning at the Southwest corner of Section 12, T88N R13W; thence North 55 feet
to the Northerly right-of-way line of East Shaulis Road as presently established;
thence Easterly along said Northerly right-of-way line of East Shaulis Road and an
Easterly extension of said Northerly right-of-way line to the East line of said Section
12; thence Southerly along the East line of said Section 12 and the East line of
Section 13, T88N R13W to a point on the East line of said Section 13 that is 600 feet
South of the Northeast corner of said Section 13; thence due West to the
Southwesterly right-of-way line of East Shaulis Road as presently established; thence
Northwesterly along said Southwesterly right-of-way line of East Shaulis Road to the
West line of the Northeast 1/4 of the Northeast 1/4 of said Section 13; thence Southerly
along said West line and the West line of the Southeast 1/4 of the Northeast 1/4 of said
Section 13 to the South line of the Northeast 1/4 of said Section 13; thence West along
said South line and the South line of the Northwest 1/4 of said Section 13 to the West
line of said Section 13; thence North along the West line of said Section 13 to the
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Northwest corner of said Section 13, said point also being the Southwest corner of
Section 12, T88N R13W, and the Point of Beginning.
(g) Amended Project Area shall mean that portion of the City of Waterloo, Iowa
included within the Original Project Area, Amendment No. 1 Area, and Amendment
No. 2 Area, as each is legally described in paragraphs (a), (b), and (c) above as
modified to remove therefrom those portions of the Amendment No. 3 Removal
Area, as legally described in paragraph (d) above, that are situated respectively in
each of said areas, and that portion of the City of Waterloo, Iowa included within the
Amendment No. 4 Area, Amendment No. 5 Area and Amendment No. 6 Area as
legally described in paragraphs (d), (e) and (f) above.
Section 2: The taxes levied on the taxable property in the Amended Project Area, legally
described in Section 1 hereof, by and for the benefit of the State of Iowa, City of Waterloo, County of
Black Hawk, Waterloo Community School District, and all other taxing districts from and after the
effective date of this Ordinance shall be divided as hereinafter provided in this Ordinance.
Section 3: As to the Original Project Area (which is unaffected by the Amendment No. 3
Removal Area), that portion of the taxes which would be produced by the rate at which the tax is levied
each year by or for each of the taxing districts taxing property in the Original Project Area upon the total
sum of the assessed value of the taxable property in the Original Project Area as shown on the assessment
roll as of January 1, 1998, being the first day of the calendar year preceding the effective date of
Ordinance No. 4351, shall be allocated to and when collected be paid into the fund for the respective
taxing district as taxes by or for said taxing district into which all other property taxes are paid. The taxes
so determined shall be referred herein as the "base period taxes" for such area.
As to the Amendment No. 1 Area that remains after removal therefrom of those parcels situated
within the Amendment No. 3 Removal Area, base period taxes shall be computed in the same manner
using the total assessed value shown on the assessment roll as of January 1, 2003, being the assessment
roll applicable to property in such area as of January 1 of the calendar year preceding the effective date of
Ordinance No. 4748.
As to the Amendment No. 2 Area (which is unaffected by the Amendment No. 3 Removal Area),
base period taxes shall be computed in the same manner using the total assessed value shown on the
assessment roll as of January 1, 2008, being the assessment roll applicable to property in such area as of
January 1 of the calendar year preceding the effective date of Ordinance No. 4956.
As to the Amendment No. 4 Area (which is unaffected by the Amendment No. 3 Removal Area),
base period taxes shall be computed in the same manner using the total assessed value shown on the
assessment roll as of January 1, 2016, being the assessment roll applicable to property in such area as of
January 1 of the calendar year preceding the effective date of this Ordinance.
As to the Amendment No. 5 Area, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2018, being the assessment roll
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applicable to property in such area as of January 1 of the calendar year preceding the effective date of this
Ordinance.
As to the Amendment No. 6 Area, base period taxes shall be computed in the same manner using
the total assessed value shown on the assessment roll as of January 1, 2019, being the assessment roll
applicable to property in such area as of January 1 of the calendar year preceding the effective date of this
Ordinance.
Section 4: That portion of the taxes each year in excess of the base period taxes for the Amended
Project Area, determined for each sub -area thereof as provided in Section 3 of this Ordinance, shall be
allocated to and when collected be paid into the special tax increment fund previously established by the
City of Waterloo to pay the principal of and interest on loans, monies advanced to, or indebtedness,
whether funded, refunded, assumed or otherwise, including bonds issued under authority of Section 403.9
or Section 403.22 of the Code of Iowa, incurred by the City of Waterloo, Iowa to finance or refinance, in
whole or in part, urban renewal projects undertaken within the Amended Project Area pursuant to the
Urban Renewal Plan, as amended, except that taxes for the regular and voter -approved physical plant and
equipment levy of a school district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for
the payment of bonds and interest of each taxing district shall be collected against all taxable property
within the Amended Project Area without any limitation as hereinabove provided.
Section 5: Unless or until the total assessed valuation of the taxable property in the areas of the
Amended Project Area exceeds the total assessed value of the taxable property in said area shown by the
last equalized assessment rolls referred to in Section 3 of this Ordinance, all of the taxes levied and
collected upon the taxable property in the Amended Project Area shall be paid into the funds for the
respective taxing districts as taxes by or for the taxing districts in the same manner as all other property
taxes.
Section 6: At such time as the loans, monies advanced, bonds and interest thereon and
indebtedness of the City of Waterloo referred to in Section 4 hereof have been paid, all monies thereafter
received from taxes upon the taxable property in the Amended Project Area shall be paid into the funds
for the respective taxing districts in the same manner as taxes on all other property.
Section 7: All ordinances or parts of ordinances in conflict with the provisions of this Ordinance
are hereby repealed. The provisions of this Ordinance are intended and shall be construed so as to
continue the division of taxes from property within the Original Project Area under the provisions of
Section 403.19 of the Code of Iowa, as authorized in Ordinance No. 4351, as amended by Ordinance No.
4748 for the addition of the Amendment No. 1 Area, as amended by Ordinance No. 4956 for the addition
of the Amendment No. 2 Area, as amended by Ordinance No. 5431 for the removal of the Amendment
No. 3 Removal Area, as amended by Ordinance No. 5432 for the addition of the Amendment No. 4 Area,
as amended by Ordinance No. 5507A for the removals and additions of the Amendment No. 5 Area, and
as amended by Ordinance No. 5564 for the addition of the Amendment No. 6 Area, and to fully
implement the provisions of Section 403.19 of the Code of Iowa with respect to the division of taxes from
property within the foregoing areas as described above. In the event that any provision of this Ordinance
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shall be determined to be contrary to law, it shall not affect other provisions or application of this
Ordinance, which shall at all times be construed to fully invoke the provisions of Section 403.19 of the
Code of Iowa with reference to the Amended Project Area and the territory contained therein.
Section 8: This Ordinance shall be in effect after its final passage, approval and publication as
provided by law.
INTRODUCED: July 13, 2020
PASSED FIRST CONSIDERATION: July 13, 2020
PASSED SECOND CONSIDERATION: July 13, 2020
PASSED THIRD CONSIDERATION: July 13, 2020
PASSED AND ADOPTED by the City Council of the City of Waterloo, Iowa on the 13th day of
July, 2020, and approved by the Mayor on the l3th day of July, 2020.
ATTEST:
Kelley Felchle, City Clerk
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Hart
Q.1A6ntiv�.
Quentin M. Hart, Mayor
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is
a true and complete copy of Ordinance No. 5564, as passed and adopted by the Council of the City of
Waterloo, Iowa, on the 13th day of July, 2020.
SEAL
Witness my hand and seal of office this 14th day of July 2020.
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Ke//ee �e/cKe
Kelley Felchle, City Clerk