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HomeMy WebLinkAboutOrdinance No. 5564 (Summary) *** Proof of Publication ** Courier Communications 100 East 4th Street, Waterloo, Iowa 50703 Black Hawk County I do solemnly swear that the annexed copy of notice was published in the WATERLOO/CEDAR FALLS COURIER, a daily newspaper printed in WATERLOO, Black Hawk County, Iowa, and that the annexed rate of advertising is the regular legal rate of said newspaper, and that the following is a correct bill for publishing said notice. Waterloo, City of- Legals 715 MULBERRY ST. WATERLOO IA 50703 ORDER NUMBER 187596 Signed v Subscribed and sworn to before me this day ofd �r20X) h' ff N%A Notary P blic Received of the sum of Dollars in full for publication of the above invoice. Notary Seal: �••� EJODI0mr E NISSI CKINSTR—YNo CoMra M Ilio+s ISSI 1% EXPIRES �p Section: Legals Category: 950 Legal Notice PUBLISHED ON: 09/15/2020 TOTAL AD COST: 45.36 FILED ON: 9/18/2020 *** Proof of Publication *** SUMMARY OF ORDINANCE NO, 5564 ADOPTED ON JULY 13,2020 BY THE WATERLOO CITY COUNCIL AS AN ORDINANCE APPROVING THE AMENDMENT OF THE SAN MARNAN URBAN RENEWAL AND REDEVELOP- MENT PLAN AREA TAX INCREMENT FINANCING DISTRICT IN THE CITY OF WATERLOO TO ADD CERTAIN LANDS THERETO This is a summary of the ordinance approving an amendment of the San Martian Urban Renewal and Redevelop- ment Plan Area Tax Increment Financing District ("rfF District") in the City of Waterloo, Iowa(referred to below as the "Ordinance'): The general purpose of this Ordinance is to amend the TIF District to add multiple areas to the existing TIF District, which has been determined to be an economic development TIF district in which the City may provide financial incentives for development within the TIF District boundaries as provided in Chapter 403 of the Code of Iowa.The urban renewal plan pertaining to the TIF District,as amended, is on file in the office of the City Clerk of the City of Waterloo,715 Mulberry Street, Waterloo,Iowa 50703. The Ordinance designates the following land for addition to the amended TIF District area: Beginning at the Southwest comer of the Southeast V of the Southeast M of Section 10,T88N 1`113W;thence North 33 feet to the Northerly right-of-way line of East Shaulis Road as presently establish- ed;thence Easterly alongg said Northerly right-of-way line of East Shaulis Road to the West line of the Southwest M of the Southeast!4 of Section 11,T88N H13W; thence Northerly along said West line to the North line of said Southwest V.of the Southeast Y;thence Easterly along said North line of said Southwest % of the Southeast 15, and the North line of the Southeast''A of the Southeast''A of said Section 11,and an Easterly extension of the North line of said Southeast h of the Southeast a to the Easterly right-of-way, line of Hess Road as presently establish- ed 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 HI 3W;thence Souther- ly along the East fine 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 establish- ed:thence Westerly along said Southerly right-of-way line of East Shaulis Road to the West line of the Northeast 14 of the Northeast!6 of Section 15,T88N R13W; thence Northerly along said West line to the Northwest corner of the Northeast Y. of the Northeast '4 of said Section 15, said point also being the Southwest corner of the Southeast 'A of the Southeast v of Section 10,T88N R13W, and the Paint of Beginning. AND Beginning at the Southwest comer of Section 12,T88N R13W;thence North 55 feet to the Northerly right-cif-way line of East Shaulis Road aspresently establish- ed;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 comer 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 South- westerly right-of-way line of East Shaulis Road to the West line of the Northeast 1/4 of the Northeast 14 of said Section 13; thence Southerly along said West line and the West line of the Southeast n of the Northeast 15 of said Section 13 to the South line of the Northeast M of said Section 13;thence West along said South line and the South line of the Northwest''A of said Section 13 to the West line of said Section 13;thence North along the West line of said Section 13 to the Northwest corner of said Section 13,said point also being the Southwest comer of Section 12, T88N R13W,and the Point of Beginning. The above is only a summary of the Ordinance and not the complete text of the Ordinance. Questions should be directed to the office of the City Planner. The Ordinance may be inspected in its entirety at the office of the City Clerk or the City Planner, 715 Mulberry Street, Waterloo, Iowa 50703, from Monday through Friday between the hours of 8:00 a in and 5.00 p.m. *** Proof of Publication *** , , pub11C3110n�,, n(th15 spmnl2fy.e