HomeMy WebLinkAbout27385 RESOLUTION NO. -7 3 R .'
A RESOLUTION MODIFYING THE CITY OF WATERLOO DOWNTOWN WATERLOO URBAN RENEWAL
AND REDEVELOPMENT PLAN ADOPTED DECEMBER 23, 1974.
WHEREAS, on the 23rd day of December 1974, the City of Waterloo
adopted the Downtown Waterloo Urban Renewal and Redevelopment Plan for the
area bounded by Franklin Street, Seventh Street to the alley between
Jefferson and Bluff Street, thence along said alley to West Third Street,
thence northeasterly along Third Street to Franklin Street; and
WHEREAS, the purpose of the plan is to undertake a Downtown Urban
Renewal and Redevelopment Project under the provisions of Chapter 403 of the
Urban Renewal Law of the State of Iowa, as amended; and
WHEREAS, the objectives of the plan is intended to strengthen the
economy, conserve substantially sound areas of the Downtown, eliminate blight
and inappropriate uses through a comprehensive program of rehabilitation and
redevelopment; and
WHEREAS, Section E of the "Plan" entitled "Procedures for Changes
in the Plan" authorizes the Urban Renewal Plan to be modified at any time
provided it is done in accordance with Chapter 403 of the Code of Iowa and
the Proposed Plan Modification is approved by the appropriate officials and
a public hearing is held.
NOW, THEREFORE, the Downtown Waterloo Urban Renewal and Redevelop-
ment Plan is modified as follows:
1. To increase off-street parking by the creation of new ramps
and upgrading of existing parking facilities. The proposed actions include
but are not limited to the following:
a. To accomodate future modification and expansion of the
West Side Parking Ramp.
b. Possible construction of a parking ramp within the
block bounded by East Fourth, Lafayette, East Park, and
Sycamore Streets in conjunction with private redevelopment
and investment in the area.
c. Possible construction of a parking ramp within thk
block bounded by East Fifth, Water, East Sixth, and Sycamore
Streets if needed as part of Downtown Redevelopment and/or
construction of a Ground Transportation Center.
2. To construct a federally funded Ground Transportation Center with
private redevelopment of air rights for office, commercial or housing development.
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3. To renovate and redevelop Blocks F and G as part of the Downtown
80's Plan for Waterloo, Iowa.
4. To include the construction of Market and/or Subsidized Housing
by private or non-profit developers within the Downtown Waterloo Urban Renewal
and Redevelopment Plan project area.
5. All acquisition of property and relocation of families, individuals
or businesses necessary to accomplish any activities as part of the Plan or
Modification to the Plan will be in accordance with Section D. 3. of the Down-
town Urban Renewal and Redevelopment Plan adopted by the City of Waterloo
December 9, 1974.
IN WITNESS WHEREOF, the City hereby adopts this modification to the
Downtown Waterloo Urban Renewal and Redevelopment Plan passed and adopted the
23rd day of December 1974, Ordinance No. 2723.
Passed and adopted this 1 day of Decor bcir,1980.
--AI ---ee-eir
Leo P. Rooff, Mayor
ATTEST:
2
Lairy P. Blrger, City Clerk