Loading...
HomeMy WebLinkAbout3474-03/02/1987 and as 'Kaf uec-1Nt Ro Mlsc® (Ordinance 3474 was previously recorded in Book 273 , Page 163. ) ORDINANCE NO. 3474 AN ORDINANCE RE-ESTABLISHING THE DOWNTOWN SELF-SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT PtPSUANT TO THE PROVISIONS OF CHAPTER 386 OF THE CODE OF IOWA, 1985, AND PROVIDING FOR THE. ESTABLISHMENT OF FUNDS AND THE LEVY OF ANNUAL TAXES IN CONNECTION THEREWITH. WHEREAS, the City of Waterloo, in the County of !flack Hawk, State of Iowa, is a "City', as defined in Section 362.2 of the Code of Iowa, 1985, as amended, and is authorized by Section 386.3 of the Code of Iowa, 1985, to create a self-supported municipal improvement district, as defined in the Act, in the City, to provide for the exi stance and operation of such district, to provide for improvements of self-liquidating improvements, as defined in the Act, for such district, to authorize and issue bonds for the purposes of such district and to levy such taxes as are authorized by the Act with respect to such district: and WHEREAS, there was filed with the Clerk/Auditor on the 1.6th day of December, 3.986, a petition petitioning the City Council to re-establish a self-supported municipal improvement district (the "Proposed District") in accordance with the Act, to re-establish a self-supported municipal improvement district operation fund with respect to the proposed District and in accordance with the Act and to levy an annual tax for each of such fund in accordance with the Act? and WHEREAS, the petition was in all ways in complete canon ance with the provisions of the Act: and WHEREAS, upon receipt of such petition, the City Council did on the 22nd day of December, 1986, refer such petition to the City Planning, Programming and Zoning Commission in accordance with the Act with instructions to such commission to prepare an evaluative report of the Council on the merits and feasibility of the project proposed in the petition and WHEREAS, the City Planning, Programming and Zoning Commission has filed with the City Council such evaluative report on the merits and feasibility of the project proposed in the petition, all in accordance with the Act and WHEREAS, subsequent to the filing of the aforementioned report, the Council did set the 26th day of January, 1987, at 7700 o'clock P.m. , at City Hall, Council Chambers, in the City, as the time and place for a meeting at which it proposed to take action for the re-estahlishhent of the Proposed District and did in accordance with the Act publish notice of such meeting as provided in Section 362.3 of the Code of Iowa, and the Clerk did mail written notice of such meeting to each owner of property within the Proposed District, which notice was mailed to such property owners by certified mail not less than fifteen (15) days before such meeting and WHEREAS, at the aforementioned time and place, the Council did meet and hear all owners of property in the Proposed District or residents of the City desiring to express their views with respect to the re-establishment of the Proposed District; and WHEREAS, no petition has been filed with the Clerk/Auditor containing the signature of at least seventy-two (72) percent of all owners of property within the Proposed District or signatures which together represent ownership of property with an assessed value of eight-five (85) percent or more of the assessed value of all property within the Proposed District seeking to have the entire matter of re-establishing the district withdrawn frail Council consideration: and N WHEREAS, more than thirty (30) days have passed since the holding of the public hearing referred to above and the Council may now proceed with the re-establishment of a self-supported municipal improvement district in o accordance with the Act; BOOK 11 3 PAGE 5 Ordinance No. 3474 Page Two NOW, THEREFORE, BE IT ORDAINED AND ENACTED BY THE COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA, AS FOLLOWS: Section 1.. That there shall be and there is hereby created in the City a self-supported municipal improvement district, as defined in the Act, the name of which shall be the "Downtown Self-Supnorted municipal Improvement District" (sometimes hereinafter referred to as the "District"), the Purposes of which District are the undertaking of actions and the design and construction of any and all "improvements" and "self-liquidating improvements", as defined in the Act and the performance of administration, redevelopment and revitalization of the District, as authorized by the Act. Section 2. That the District shall include all oronerty within the following described boundaries: Beginning at the intersection of Franklin Street and East Third Street along Franklin Street to the intersection of the Chicago and great Western Railroad, along the railroad across the river to Jefferson Street, along Jefferson Street to West Fifth Street, along West Fifth Street to Bluff Street, along Bluff Street to West Third Street, along West Third Street to the point of beginning. Section 3. That it is hereby found and determined that the owners of all property within the District have a present and potential benefit from the condition, development and maintenance of the District and that all of the property within the District is related by virtue of its location within the "C-3" Zone of the City. Section 4. That pursuant to the provisions of Section 2 of the Act, there is hereby established and created a self-supported improvement district operation fund, which shall be known as the "Downtown Self-SuPported Municipal Improvement District Operation Fund" (and is hereinafter referred to as the "Operation Fund") , for which Operation fund the City may certify taxes (the "Operation Tax") each year commencing with the levy of taxes for collection in the fiscal year beginning July 1, 1937, and continuing for two (2) additional years, for the purpose of paying such exoenses of the District as are authorized by the Act, including but not limited to the administrative expenses of the District and part of all of the maintenance expenses of "improvements" or "self-liquidating improvements", as defined in the Act, for a period of two ( 2) years. Section 5. That the Operation Tax levied in any one year, as nrovided in Section 4 hereof, shall be at a rate not to exceed One Dollar and Fifty Cents (C1.50) per thousand dollars of taxable value of the property within the District. Section 6. From and after the effective date of this ordinance, the City Clerk/Auditor shall cause a copy of this ordinance to be filed in the office of the County Recorder of Flack Hawk County and in the office of the City Treasurer of Waterloo. BOOK 273 PAGE 5 9 . . Ordinance No. 3474 Page Three Section 7. All ordinances or parts of ordinances in conflict herewith are hereby repealed, insofar as the conflicting portions thereof are concerned. Section P. The invalidity of any section, clause, sentence, or provision of this ordinance shall not affect the validity of any other part of this ordinance, which can be given effect without such inval id part or parts. Section 9. This ordinance shall be in full force and effect upon its passage and publication according to the laws of the State of Iowa. Passed and adopted this 2nd day of March, 19'37. /,--) iii:a-‹ l/nr‘A Bernar L. McKinC/..y, Mayo ATTEST: ,-- /'' /D Lar P rde.r,2 City C k Auditor CERTIFICATE I, Larry P. Purger, City Clerk/Auditor of the City of Waterloo, Iowa, do hereby certify that attached hereto is a true and complete copy of /7 Ordinance No. 3474, as passed and adopted by the Council of the City 7 of Yaterloo, Iowa, on the 2nd day of march, 17. '.. . .. .,---• . Wittle's *;,liand, and Seal of Office this 4th day of March, 1987. ,...../ 7 unler, • _ C erk/Auditor ton.i.-41.4....., 111141 INDEXED VC.r- COMPAAE(D 0y PAGED , BANK WA CLiiii, lOWA:SS Filed for recordA222_,___3 19 g at , ,' 0/ ,9 M, and Mang in Book ...1 7.3 Page 5— 77 - . Ra-m.-1-4-1,41.-. 2017.- 1 Recorder Deputy Fee /5'.00 -, glz . BOOK 273 PACE 580 - ORDINANCE NO. 3474 AN ORDINANCE PE-ESTABLISHING THE no!orrow.! sFLF-suppoRTE0 .11.1NICIPAL IMPPOVE.M.E\IT DISTRICT PURSUANT TO THE PROVISIONS OF CHAPTER 386 OF THE CODE OF IOWA, 1985, AND PROVIDING FOR THE ESTABLISHMENT OF FUNDS AND THE LEVY OF ANNUAL TAXES IN CONNECTION THEREWITH. WHEREAS, the City of Waterloo, in the County of Black Hawk, State of Iowa, is a 'City", as defined in Section 362.2_ of the rode of Iowa. 1925, as amended, and is authorized by Section 386.3 of the Code of Iowa. 1935, to create a self-supported municipal improvement district, as defined in the Act, in the City, to !arovide "for the existance and operation -of such district, to provide .for improvements of self-liquidating improvements, as defined in the Act, for such district, to authorize an,.1 issue bonds for the purooses of such district and to levy such taxes as are authorized by the Act with respect to such district and WHEREAS, there was filed with the Clerk/Auditor on the 15th day of December, 1986, a petition petitioning the City Council to re-establish a self-supported municipal improvement district (the "Proposed District") in accordance with the Act, to re-establish a self-supported municinal improvement district operation fund with respect to the Proposed District and in accordance with the Act and to levy an annual tax for each of such fund in accordance with the Act. and WHEREAS, the petition was in all ways in complete connl i ance wi th the provisions of the Act 7 and WHEREAS, upon receipt of such petition, the City Council did on the 22nd day of December, 1.921i, refer such petition to the City planning, Programming and 7onini Commission in accordance with the Act with instructions to such commission to prepare an evaluative report of the Council on the merits and feasibility of the project proposed in the petition; and WHEREAS, the City Planning, Programming and Zoning Cormission has filed with the City Council such evaluative report on the merits and feasibility of the project proposed in the petition, all in accordance with the Act; and WHEREAS, subsequent to the fil i no of the aforementioned report, the. Council did set the 25th day of January, 1987, at 7:Ofl o'clock p.m. , at City Hall , Council Chambers, in the City, as the time and place for a meeting at which it nroposed to take action for the re-establishment, of the Proposed District and did in accordance with the Act publish notice of such meeting as provided in Section 362.3 of the Code of Iowa, and the Clerk did mail written notice of such meeting to each owner of property within the Proposed District, which notice was mailed to such nropertv owners by certified mail not less than fifteen (15) days before such meeting and WHEREAS, at the aforementioned time and place, the Council did meet and hear all owners of property in the Proposed District or residents of the City desiring to express their views with respect to the re-establishment of the Proposed District and WHEREAS, no petition has been filed with the Clerk/Auditor containing the signature of at least seventy-two (72) 'percent of all owners of property within the Proposed District or sinnatures which together represent ownership of property with an assessed value of eight-five (P5) percent or more of the assessed value of all oroperty within the Proposed District seeking to have the entire matter of re-estatilishinq the district withdrawn from Council cons ideratiou and WHEREAS, more than thirty (30) days have passed since the holding of the public hearing referred to above and the Council may now proceed with the re-establishment of a self-supported municipal improvement district in Q.) accordance with the Act: it) AU 163 • Ordinance No. 3474 Pane Two NOW, THEREFORE. 3E IT ORDAINED AND ENACTED 9Y THE COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA, AS FOLLOWS! Section 1. That there shall he and there is hereby created in the City a self-supported municipal improvement district, as defined in the Act, the name of which shall he the "Downtown Self-Supported Municipal Improvement District' (sometimes hereinafter referred to as the "District"), the purnoses of which District are the undertaking of actions and the design and construction of any and all "improvements" and "self-liquidating improvements", as defined in the Act and the performance of administration, redevelopment and revitalization of the District, as authorized by the Act. Section 2. That the District shall include all property within the following described houndaries7 Beginning at the intersection of Franklin Street and Fast Third Street along Franklin Street to the intersection of the Chicago and Great Western Railroad, alone the railroad across the river to Jefferson Street, along Jefferson Street to West Fifth Street, along West Fifth Street to Washington Street, along Washington Street to West Third Street, along West Third Street to the point of beginning. Section 3. That it is hereby found and determined that the owners of all property within the District have a present and potential benefit from the condition, development and maintenance of the District and that all of the property within the District is related by virtue of its location within the "O-3" Zone of the City. Section 4. That pursuant to the provisions of Section 9 of the Act, there is hereby established and created a self-supported improvement district operation fund, which shall be known as the 'Downtown Self-Supported Municipal Improvement District Operation Fund" (and is hereinafter referred to as the "Operation Fund") , for which Operation fund the City may certify taxes (the "Operation Tax") each year commencing with the levy of taxes for collection in the fiscal year beginning July 1, 1987, and continuing for two (2) additional years, for the purpose of paying such expenses of the District as are authorized by the Act, including but not limited to the administrative expenses of the District and part of all of the maintenance exnenses of 'improvements" or "self-liquidating improvements", as defined in the Act, for a period of two (2) years. Section F. That the Operation Tax levied in any one year, as provided in Section 4 hereof, shall he at a rate not to exceed One Dollar and Fifty Cents ($1.50) per thousand dollars of taxable value of the property within the District. Section 6. From and after the effective date of this ordinance, the City Clerk/Auditor shall cause a copy of this ordinance to he filed in the office of the County Recorder of Flack Hawk County and in the office of the City Treasurer of Waterloo. BMX 213 Va164 . . . a Ordinance No. 3474 Page Three Section 7. All ordinances or parts of ordinances in conflict herewith are hereby repealed, insofar as the conflicting portions tnProof are concerned. Section S. The invalidity of any section. clause, sentence, or provision of this ordinance shall not affect the validity of any other part of this ordinance, which can be given effect without such invalid part or Darts. Sect ion '...,.. This ordinance shall be in full force and effect upon its Passage and publication according to the laws of the State of Iowa. Passed and adopted this 2nd day of larch‘, 19E7. liernar, t . cKinley, Y.ayor ATTEST°. ... . . 1Pr, A66-for CERTIFICATE T . Larry P., ,R0roer Cjt'i ^lork/Auditor of the City of Waterloo, Iowa, do hr*?"b''''' '66ftt6 that attach,A hereto is a true and collplete copy of OrAnaitc !.44742i,,s, nassd and adopted by the Council of the City 1:r: !?!atttrM0-;;:,-10:0'4: 'On''the 2nd, day of i'arch, 1927, ' :14 ftwit-,,ltik*O.HATIl.Seal of Office this 4th day of March, 1927. ._ .., L-F- r.v P Jrqr Citv lerk Auditor _ 13147 IN 1EXEDI 974-) BUCK HAWK COUNTY. IDWAIII 'MPARED04 fled for recordlYNNA..3 on '1 It 11'• b 0 A.IA, and recorded k `11),--c«.- Book a ? 3 Page / 6 3 1,Rez-------4.„ 1,/..A.I.:....„0#1 Recorder Deputy fee c_;,,..% CS-szAk _.1,..„ 509x 4 bi ACE 165 • • • STATE OF IOWA , I do solemnly swear that the annexed copy of Legal SS Black Hawk County, City of Waterloo : Ordinance No . 3474 ORDINANCE NO.3474 notice • was published in the r a dailynewspaper rioted in Waterloo, AN ORDINANCE RE-ESTAB- llntcrloo �-.Qliricrp LISHING THE DOWNTOWN SELF-SUPPORTED MUNICI- PAL IMPROVEMENT DIS- Black Hawk County, Iowa once JO- -few ew eeweiive TRICT PURSUANT TO THE PROVISIONS OF CHAPTER 386 OF THE CODE OF IOWA, 1985, -#� in the issue of AND PROVIDING FOR THE ES- TABLISHMENT OF FUNDS AND THE LEVY OF ANNUAL g p r i l 2+ 1987 TAXES IN CONNECTION THEREWITH. WHEREAS,the City of Waterloo, in the County of Black Hawk, . State of Iowa, is a "City", as defined in Section 362.2 of the Code of said newspaper, and that the annexed rate of of Iowa,1985,as .mended and is authorized by Section 386.3 of the advertising is the regular legal rate of said newspaper, and that the following is a correct bill for Code of Iowa,1985,to create a self- supported municipal improve- publishing said notice. Co ! 0 /� ment district, as defined in the Printer's Bill $ ` (� (, Act,In the City,to provide for the existence and operation of such 1 district, to provide for improve- ,` mentsofself-liquidating improve- ` ,... l ., ..v..• ,Q.Gsey-- ments,as defined in the Act,for such district,to authorize and is- Signed sue bonds for the purposes of such district and to levy such taxes as are authorized by the Act with Subscribed and sworn to before me this ', day of respect to such district:and t WHEREAS,there was filed with ,(f--, y/the Clerk/Auditor on the 16th day �lld t A.D., 19 7 of December,1986,a petition peti- tioning the City Council to re-es- )(2 /1 n n� /� �j J tablish a self-supported munici- palLa_ improvement district (the (f� 'Proposed District") in ac- cordance Notary Public with the Act,to re-estab- Notary Public lish a self-supported municipal Received of Improvement district operation fund with respect to the Proposed District and In accordance with the Act and to levy an annual tax the sum of _ Dollars for each of such find In ac- cordance with the Act;and WHEREAS,the petition was in all in full for publication of the above notice. I ways in complete compliance with the provisions of the Act;and WHEREAS,upon receipt of such — petition, the City Council did on _ the 22nd day of December, 1986, r._`_.._. refer such petition to the City Planning,Programming and Zon- ..___�,__:_.. :. dsnra i