HomeMy WebLinkAbout1999-499-07.26.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715
Mulberry Street, Waterloo, Iowa.
RESOLUTION NO. 1999-499
RESOLUTION DETERMINING AN AREA OF THE CITY TO
BE AN ECONOMIC DEVELOPMENT AREA AND THAT THE
REHABILITATION, CONSERVATION, REDEVELOPMENT,
DEVELOPMENT OR A COMBINATION THEREOF, OF SUCH
AREA IS NECESSARY IN THE INTEREST OF THE
PUBLIC HEALTH, SAFETY OR WELFARE OF THE
RESIDENTS OF THE CITY; DESIGNATING SUCH AREA
AS APPROPRIATE FOR AN URBAN RENEWAL PROJECT;
AND ADOPTING THE SAN MARNAN DEVELOPMENT TAX
INCREMENT PLAN.
WHEREAS, this Council has reasonable cause to believe that
the area described below satisfies the eligibility criteria for
designation as an urban renewal area under Iowa law; and
WHEREAS, a proposed San Marnan Development Tax Increment Plan
for the area described below has been prepared, which proposed
Plan is attached hereto as Exhibit A: and
WHEREAS, this proposed plan area includes and consists of:
See Attached Exhibit "B"
WHEREAS, it is desirable that these areas be developed as
part of the overall development area covered by said proposed
urban renewal plan to be known hereafter as the "San Marnan
Development Tax Increment Plan"; and
WHEREAS, the Iowa statutes require the City Council to submit
the proposed San Marnan Development Tax Increment Plan to the
Planning, Programming and Zoning Commission for review and
recommendation as to its conformity with the General Plan for
development of the City as a whole, prior to City Council approval
of such urban renewal project and an urban renewal plan therefore;
and
WHEREAS, creation of the San Marnan Development Tax Increment
Plan and adoption of the San Marnan Development Tax Increment Plan
therefor, attached hereto as Exhibit A, as approved by the
Planning, Programming and Zoning Commission for the City on March
30, 1999, as being in conformity with the general plan for
development of the City as a whole, as amended, as evidenced by
its written report attached hereto as Exhibit C and incorporated
herein by this reference; and
WHEREAS, by resolution adopted April 5, 1999, this Council
set a public hearing on the adoption of the proposed San Marnan
Development Tax Increment Plan for its meeting of April 19, 1999,
at 7 : 00 o' clock p.m. in the Council Chambers, City Hall, Waterloo,
Iowa, and due and proper notice of said public hearing was given,
as provided by law, by publication in the Waterloo Courier on
April 9, 1999, which notice set forth the time and place for this
hearing and the nature and purpose thereof; and
WHEREAS, a consultation meeting was held with all taxing
jurisdictions affected by this plan; and
WHEREAS, in accordance with said notice, all persons or
organizations desiring to be heard on said proposed Plan, both for
and against, have been given an opportunity to be heard with
respect thereto and due consideration has been given to all
Resolution No. 1999-499
Page 2
comments and views expressed to this Council in connection
therewith and said public hearing has been closed.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA:
1 . That the findings and conclusions set forth or
contained in the proposed San Marnan Development Tax
Increment Plan for the area of the City of Waterloo,
Iowa legally described and depicted on Exhibit A hereto
and incorporated herein by reference (which area shall
hereinafter be known as the San Marnan Development Tax
Increment Plan) , be and the same are hereby adopted and
approved as the findings of this Council for this area.
2 . This Council further finds :
a. A feasible method exists for the location of
families who will be displaced from the San Marnan
Development Tax Increment Plan area into decent,
safe and sanitary dwelling accommodations within
their means and without undue hardship to such
families, if there are any;
b. The San Marnan Development Tax Increment Plan
conforms to the general plan of the City as a
whole; and
c. As to those areas of open land to be developed by
the City included within the San Marnan
Development Tax Increment Plan area:
(1) With reference to those portions thereof
which are to be developed for non-residential
uses, such non-residential uses are necessary
and appropriate to facilitate the proper
growth and development of the City in
accordance with sound planning standards and
local community objectives .
3 . That the San Marnan Development Tax Increment Plan Area
is an economic development area within the meaning of
Iowa Code Section 403 . 17 (20) ; that 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
Chapter 403 of the Code of Iowa; and that the
rehabilitation, conservation, redevelopment,
development, or a combination thereof, of such area is
necessary in the interest of the public health, safety
or welfare of the residents of this City.
4 . That the San Marnan Development Tax Increment Plan,
attached hereto as Exhibit A and incorporated herein by
reference, be and the same is hereby approved and
adopted as the San Marnan Development Tax Increment
Plan; the San Marnan Development Tax Increment Plan fo'r
such area is hereby in all respects approved; and the
City Clerk is hereby directed to file a certified copy
of said San Marnan Development Tax Increment Plan with
the proceedings of this meeting.
5 . That the San Marnan Development Tax Increment Plan for
the area shall be in full force and effect from the
date of this resolution until the first day of January,
2009, both dates inclusive, or until such time as the
City of Waterloo has been reimbursed with tax increment
revenue for all of its project costs, said San Marnan
Resolution No. 1999-499
Page 3
Development Tax Increment Plan shall be forthwith
certified by the City Clerk, along with a copy of this
resolution, to the Recorder for Black Hawk County,
Iowa, to be filed and recorded in the manner provided
by law.
PASSED AND APPROVED this 26th day of July, 1999 .
Joh R. R off, Mayor
ATTEST:
t4e.,&
Nancy E rt, City Clerk