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HomeMy WebLinkAbout2025-627-11.03.2025_Martin_Road_Amendment.docxDocusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064 Prepared by Austin J. McMahon, City Attorney, City of Waterloo, 222 First Street East, Independence, IA 50644, (319) 319-334-4488. RESOLUTION NO. 2025-627 RESOLUTION AFFIRMING DETERMINATION OF 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; AFFIRMING DESIGNATION OF SUCH AREA AS APPROPRIATE FOR AN URBAN RENEWAL PROJECT; AND ADOPTING AN AMENDMENT OF THE MARTIN ROAD DEVELOPMENT PLAN. WHEREAS by Resolution No. 1996-673 adopted on or about October 7, 1996, and amended by Resolution No. 2004-522, adopted on or about August 9, 2004, and by Resolution No. 2014-903 adopted on or about October 20, 2014, and by Resolution No. 2016-197 adopted on or about March 21, 2016, and by Resolution No. 2016-904 adopted on or about November 14, 2016, and by Resolution No. 2016-905 adopted on or about November 14, 2016, and by Resolution No. 2022-376, adopted on or about June 20, 2022, this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law, and approved and adopted the Martin Road Development Plan of the City of Waterloo, Iowa, and amendments thereto (collectively, the "Plan") for the urban renewal area described as set forth in the Plan and its amendments. WHEREAS, a proposed Amendment No. 7 ("Amendment No. 7") to the Plan has been prepared, which proposed Amendment is on file in the office of the City Clerk and which is incorporated herein by reference, the purpose of which is to amend the Plan with respect urban renewal projects, to update related financial information, and to set forth and remove the following property from the urban renewal area: The South Two Hundred Fifty (250.00) feet of Lot No. Sixteen (16), Kingswood Second Addition, Waterloo, Black Hawk County, Iowa. WHEREAS, it is determined that it is necessary in the interest of the public health, safety, and general welfare of the residents of this City to amend the Plan by way of proposed Amendment No. 7, which proposes to remove the property described above, so as to reflect current City development objectives and goals, and furthermore the property proposed to be removed from the Plan, as described above, is an economic development area which is unlikely to be developed before the statutory sunset of the urban renewal area with respect thereto; and WHEREAS, Iowa statutes require the City Council to submit the proposed Amendment No. 7 to the Planning and Zoning Commission of the City 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 thereof, and adoption of the Amendment has been approved by said Commission as being in conformity with the general plan for development of the City as a whole, as evidenced by its written report and recommendation filed with the Council, which report and recommendation is hereby accepted, approved in all respects and incorporated herein by this reference; and WHEREAS, pursuant to Resolution No. 2025-548, a consultation was held with the designated representatives of all affected taxing entities to discuss the proposed Amendment No. 7 to the Martin Road Development Plan and the division of revenue described therein, and that notice of said consultation and a copy of the proposed Amendment No. 7 was sent to all affected taxing entities, all required responses to the recommendations made by the affected taxing entities, if any, have been timely made as set forth in the report of the Community Planning & Development Director submitted to Council and incorporated herein by this reference, which report is in all respects approved; and WHEREAS, pursuant to Resolution No. 2025-548, Council also set a public hearing on the adoption of the Amendment No. 7 for this meeting of the Council, and due and proper notice of said public hearing was given, as provided by law, by timely publication in "The Courier", which notice set forth the time and place for this hearing and the nature and purpose thereof; and WHEREAS, in accordance with said notice, all persons or organizations desiring to be heard on the proposed Amendment No. 7, both for and against, have been given an opportunity to be heard with Docusign Envelope ID: DA39AF30-5238-4302-A798-AC1707986064 ATTEST: �//S.L Signed_AAAEby: _AA KLL.. f L{.Geeeee F�6 FFB 84 Kel ey e cF e, ity Clerk SEAL Resolution 2025-627 Page 2 respect thereto, and due consideration has been given to all comments and views expressed to the 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: Section 1. That the findings and conclusions set forth or contained in the Plan and proposed Amendment No. 7 concerning an area of the City of Waterloo, Iowa, described in the Plan, its amendments, Amendment No. 7, and the preamble hereof, be and the same are hereby ratified and confirmed in all respects as the findings of this Council. Section 2. This Council further finds: a. That the Plan Area is an economic development area within the meaning of Iowa Code Chapter 403 that is appropriate for urban renewal activities and projects; that such area is eligible for designation as an urban renewal area and otherwise meets all requisites under the provisions of Iowa Code Chapter 403; 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; and b. That the Plan and Amendment No. 7 conform to the general plan for the development of the City as a whole; and c. Although is relocation is not expected, a feasible method exists for the location of families who will be displaced from the Plan area into decent, safe and sanitary dwelling accommodations within their means and without undue hardship to such families. Section 3. That the proposed Amendment No. 7 of the Martin Road Development Plan of the City of Waterloo, Iowa, which is incorporated herein by reference, be and the same is hereby approved and adopted as Amendment No. 7 thereto, that said Amendment No. 7 is hereby in all respects approved; and that the City Clerk is hereby directed to file a certified copy of said Amendment No. 7 with the proceedings of this meeting. Section 4. That Amendment No. 7 shall be in full force and effect from the date of this Resolution until the later of the date of termination set forth in the Plan, or the date on which payment of all obligations issued or advances made to carry out the purposes thereof shall be fully provided for. Said 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. Section 5. That all other provisions of the Plan as previously amended that are not affected or otherwise revised by the terms of the instant Amendment be and the same are hereby ratified, confirmed, and approved in all respects. PASSED AND ADOPTED this 3rd day of November 2025. ,-DocuSigned by: attAlitA, aart LD05 5D78AAC8449... Quentin M. Hart, Mayor