HomeMy WebLinkAbout2024-620-10.21.2024Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo,
IA 50703, (319) 291-4323.
RESOLUTION NO. 2024-620
RESOLUTION SETTING DATE OF PUBLIC HEARING AS
NOVEMBER 18, 2024, TO APPROVE AMENDMENT NO. 7
TO THE SAN MARNAN URBAN RENEWAL AND
REDEVELOPMENT PLAN, TO REMOVE PROPERTIES
FROM THE TIF AREA, AND SETTING DATE OF
CONSULTATION WITH TAXING ENTITIES AS NOVEMBER
1, 2024, AND INSTRUCT THE CITY CLERK TO PUBLISH
NOTICE.
WHEREAS, it is deemed necessary to amend the San Marnan Urban Renewal and
Redevelopment Plan by removing certain properties from the Tax Increment Financing (TIF)
area to better align with development objectives; and
WHEREAS, proper consultation with relevant taxing entities is crucial to ensure
transparency and coordination.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo as
follows:
1. The Council of the City of Waterloo, Iowa, shall meet in the Harold E. Getty Council
Chambers at City Hall, Waterloo, Iowa, at 5:30 p.m. on the 18th day of November 2024, to hold a
public hearing to discuss the approval of Amendment No. 7 to the San Marnan Urban Renewal
and Redevelopment Plan, focusing on property removals from the existing TIF area.
2. A consultation meeting with relevant taxing entities will be held on November 1, 2024,
to discuss the proposed changes and gather input.
3. The proposed Amendment No. 7 will articulate specific properties slated for removal
from the TIF district, offering clarity on the rationale and expected impact.
4. This resolution authorizes the necessary logistics and communications as per legal
mandates for local governance and urban planning procedures.
5. The City Clerk is instructed to publish notice of both the public hearing and the
consultation in accordance with statutory requirements to ensure adequate public awareness and
legal compliance.
PASSED AND ADOPTED this 21' day of October 2024.
ATTEST:
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LeAnn M. Even, Deputy City Clerk
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Quentin Hart, Mayor
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SIGNED
ice.