HomeMy WebLinkAbout10.19.1998COUNCIL WORK SESSION
October 19, 1998
5:00 p.m.
Council Chambers
Members present: Mayor Rooff, Getty, Murphy, Jordan, Krizek, Gronen, Anders.
Members absent: Collier.
Moved by Getty, seconded by Jordan that the Agenda, as proposed, be approved. Ayes: Six.
Absent: Collier. Motion carried.
A proposed lease agreement with U.S. Cellular Wireless Communications to place a cellular
tower between U.S. 218 and Texas Road was reviewed. The cellular tower will use stealth
technology to appear to be a flag pole on a portion of the property that will be the site of the
Welcome to Waterloo sign adjacent to U.S. 218. The proposed lease is for an initial period of 25
years with U.S. Cellular Wireless Communications paying the city $40,000.00 as a one-time
payment. The company will also contribute $2,000.00 to the city to provide additional
landscaping on the site. U.S. Cellular Wireless Communications also agrees to provide two flags
to the city and pay for the night time lighting of the flag pole. There is a renewal option that
could extend the life of the agreement an additional term of five years at a cost of $10,000 per
renewal period which could be extended four additional times for a total of 20 years. This item is
on tonight's council agenda to set the date of hearing as November 2, 1998.
The proposed Consolidated Urban Revitalization Area (CURA) and an Enterprise Zone
application were reviewed. Don Temeyer, City Planner, stated that the boundaries for the
Enterprise zone encompasses the Illinois Railroad tracks to Conger, to Fairview across the river,
to Black Hawk, Fletcher, Reber, Kimball, Campbell, 18th Street to the river and Illinois Railroad
tracks. There are approximately 5 square miles. All qualified real estate in a revitalization area is
eligible to receive a partial exemption from taxation on the actual value added by improvements.
The exemption is for a period of ten years. The amount of the partial exemption is equal to a
percentage of the actual value added by improvements. All qualified real estate is eligible to
receive a three year, 100 percent tax exemption on the actual value added by the improvements.
The city council may designate an area as an Urban Revitalization Area if it meets at least one of
four criteria established by the state.
Mayor Rooff stated that there are nine banks who are working together to come up with a
program for low-income people to have affordable housing. The city's funds will be used as
down payment assistance.
With no further business before the council, it was moved by Getty, seconded by Murphy that the
meeting be adjourned at 5:34 p.m. Ayes: Six. Absent: Collier. Motion carried.
Nancy Eckert
City Clerk