HomeMy WebLinkAbout5808-11.03.2025.docxDocusign Envelope ID: 4341124C-7988-44F7-88DA-DBOC4EE5A765
Prepared by Austin J. McMahon, City Attorney, City of Waterloo, 222 First Street East,
Independence, IA 50644, (319) 319-334-4488.
ORDINANCE NO. 5808
AN ORDINANCE AMENDING ORDINANCE NOS. 4204, 4708,
5249, 5343, 5373, 5376, AND 5647 PROVIDING THAT
GENERAL PROPERTY TAXES LEVIED AND COLLECTED
EACH YEAR ON ALL PROPERTY LOCATED WITHIN THE
AMENDED MARTIN ROAD DEVELOPMENT AREA OF THE
CITY OF WATERLOO, COUNTY OF BLACK HAWK, STATE
OF IOWA, BY AND FOR THE BENEFIT OF THE STATE OF
IOWA, CITY OF WATERLOO, COUNTY OF BLACK HAWK,
WATERLOO COMMUNITY SCHOOL DISTRICT, AND
OTHER TAXING DISTRICTS, BE PAID TO A SPECIAL FUND
FOR PAYMENT OF PRINCIPAL AND INTEREST ON LOANS,
MONIES ADVANCED TO AN INDEBTEDNESS, INCLUDING
BONDS ISSUED OR TO BE ISSUED, INCURRED BY SAID
CITY IN CONNECTION WITH THE AMENDED MARTIN
ROAD DEVELOPMENT PROJECT.
WHEREAS, the City Council of the City of Waterloo, Iowa has heretofore, in Ordinance
Nos. 4204, 4708, 5249, 5343, 5373,5376, and 5647 provided for the division of taxes within the
Martin Road Development Plan Project Area, pursuant to Section 403.19 of the Code of Iowa;
and
WHEREAS, territory has now been removed from the Martin Road Development Project
Area; and
WHEREAS, indebtedness has been incurred by the City, and additional indebtedness is
anticipated to be incurred in the future, to finance urban renewal project activities within said
Project Area, and the continuing needs of redevelopment within the amended Project Area are
such as to require the continued application of the incremental tax resources of the amended
Project Area; and
WHEREAS, the following enactment is necessary to accomplish the objectives described
in the Martin Road Development Plan, as amended.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF WATERLOO, IOWA THAT:
Ordinance Numbers 4204, 4708, 5249, 5343, 5373 and 5376 are hereby amended to read
as follows:
Section 1: For purposes of this Ordinance, the following terms shall have the following
meanings:
(a) Original Project Area shall mean that portion of the City of Waterloo, Iowa
described in the urban renewal and redevelopment plan for the Martin Road
Development Plan Area approved by Resolution No. 1996-673 adopted on
October 7, 1996, which Original Project Area includes the lots and parcels
located within the area legally described as follows, as later modified to
remove therefrom those portions of the November 2016 Removal Area
situated therein:
Part of Section 32, Township 89 North, Range 13 West, and Section 33,
Township 89 North, Range 13 West, City of Waterloo, Black Hawk County,
Iowa, described as follows: Beginning at a point on the east line of said
Section 32 that is four hundred twenty (420) feet south of the northeast corner
of the northeast quarter of the southeast quarter of said Section, thence south
along said east line to its intersection with the northerly right-of-way line of
Martin Road, thence northeasterly and easterly along said right-of-way line
and an extension thereof to its intersection with the centerline of U.S.
Highway 63, thence southwesterly along said centerline to its intersection
with the south line of Section 33, thence westerly along the south line of
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Ordinance No. 5808
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Sections 33 and 32 to the southwest corner of the southeast quarter of the
southeast quarter of Section 32, thence north to the southwest corner of the
northeast quarter of the southeast quarter of said Section 32, thence
northeasterly to a point that is nine hundred ninety (990) feet east of and six
hundred seventy five (675) feet north of the southwest corner of the northeast
quarter of the southeast quarter of said Section 32, thence continuing
northeasterly to the point of beginning.
(b) Amendment No. 1 Area shall mean that portion of the City of Waterloo, Iowa
described in Amendment No. 1 to the urban renewal and redevelopment plan
for the Martin Road Development Plan Area approved by Resolution No.
2004-522, adopted on August 9, 2004, which Amendment No. 1 Area
includes the lots and parcels located within the area legally described as
follows, as later modified to remove therefrom those portions of the
November 2016 Removal Area situated therein:
Beginning at the point of intersection of the centerline of U.S. Highway 63
(Sergeant Rd.) and the North line of the Southeast 1/4 of the Southwest 1/4 of
Section 33, Township 89 North, Range 13 West, thence East along the North
line of said Southeast 1/4 of the Southwest 1/4 of said Section to the
Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Rd.), thence
Southwesterly along said right-of-way to its intersection with the West line of
the Southeast 1/4 of the Southwest 1/4 of said Section, thence South 89°50'15"
East a distance of 432.65', thence South 1°40'30" East to the South line of said
Section, thence West along said South line to the point where it would intersect
the Northerly extension of the East line of Tract A of Kingswood Second
Addition to Waterloo, thence South along the extension of and the East line of
Tract A to the Northwest corner of Lot 15, Kingswood First Addition, said
point also being a point on the Easterly line of Lot 6 of South Waterloo
Commercial Park, thence Southeasterly following the Easterly line of said Lot
6 to the most Southeasterly corner of said lot, thence Southwesterly and
Westerly along the South line of said lot to an angle point on the South line of
said Lot 6, which is also a point on the West line of Section 5, Township 88
North, Range 13 West, thence South along the West line of said Section to the
North line of the Southeast 1/4 of the Southeast 1/4 of Section 6, Township 88
North, Range 13 West, thence West along the North line of the Southeast 1/4 of
the Southeast 1/4 and the North line of the Southwest 1/4 of the Southeast 1/4 to a
point on the Northwesterly right-of-way line of the Chicago Great Western
Railroad (now abandoned), thence South 35°31'30" West 850.21 feet along
said line, thence North 72°26'10" West 1005.02 feet, thence Westerly 637.85
feet along a 7,789.65 foot radius curve, concave Southerly, having a chord
bearing North 75°14'03" West 637.67 feet, thence North 77°34'36" West
835.86 feet, thence North 06°19'51" East 32.15 feet to the South line of the
Northwest 1/4 of the Southwest % of Section 6, Township 88 North, Range 13
West, thence East along said line to the West line of the Northeast 1/4 of the
Southwest 1/4 of said Section, thence North along the West line of the Northeast
1/4 of the Southwest % to the North line of the Northeast 1/4 of the Southwest 1/4
of said Section, thence East along said North line to a point on the East line of
the West 440 feet of the East one-half of the Northwest fractional 1/4 of said
Section, thence North along the East line of the West 440 feet of the East one-
half of the Northwest fractional 1/4 to the North line of said Section 6, thence
East along the North line of said Section 6, which is also the South line of
Section 32, Township 89 North, Range 13 West, to the West line of the East
475 feet of the Southwest 1/4 of the Southeast 1/4 of Section 32, thence North
790 feet along said West line, thence East 475 feet to the West line of the
Southeast 1/4 of the Southeast 1/4 of said Section, thence South along the West
line of the Southeast 1/4 of the Southeast 1/4 to the South line of Section 32,
thence East along the South line of Section 32, Township 89 North, Range 13
West, and Section 33, Township 89 North, Range 13 West, to the centerline of
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U.S. Highway 63 (Sergeant Rd.), thence Northeasterly along said centerline to
the point of beginning, all in the City of Waterloo, Black Hawk County, Iowa.
(c) Amendment No. 2 Area shall mean that portion of the City of Waterloo, Iowa
described in Amendment No. 2 to the urban renewal and redevelopment plan
for the Martin Road Development Plan Area approved by Resolution No.
2014-903, adopted on October 27, 2014, which Amendment No. 2 Area
includes the lots and parcels located within the area legally described as
follows, as later modified to remove therefrom those portions of the
November 2016 Removal Area situated therein:
Beginning at the intersection of the North line of the Southeast 1/4 of the
Southwest 1/4 of Section 33, Township 89 North, Range 13 West and the
Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Road); thence
Southwesterly along said right-of-way to its intersection with the West line of
the Southeast 1/4 of the Southwest 1/4 of said Section 33; thence South
89°50'15" East a distance of 432.65'; thence South 1°40'30" East to the South
line of said Section; thence East along said South line to the Southeast corner
of the Southeast 1/4 of the Southwest 1/4 of said Section 33; thence North along
the East line of said Southeast 1/4 of the Southwest 1/4 of Section 33 to the
Northeast corner of the said Southeast 1/4 of the Southwest 1/4 of Section 33;
thence West along the North line of said Southeast 1/4 of the Southwest 1/4 of
Section 33 to the point of beginning;
And also: Beginning at a point on the Northwesterly right-of-way line of
the Chicago Great Western Railroad (now abandoned) that is South 35°31'30"
West 850.21 feet from a point on said Northwesterly right-of-way line that
intersects the North line of the Southwest 1/4 of the Southeast 1/4 of Section 6,
Township 88, Range 13; thence South to the centerline of U.S. Highway 20 as
presently established; thence Southeasterly along the centerline of U.S.
Highway 20 as presently established to its intersection with the East line of
Section 7, Township 88 North, Range 13 West; thence Southerly along the
East line of said Section 7 to a point that is 745.6 feet South of the Northeast
corner of said Section 7; thence West 70.6 feet; thence South 419.6 feet; thence
Southerly 265.5 feet along a 407.5' radius curve concave Westerly having a
chord bearing South 18°40' West 260.8 feet; thence South 37°20' West 149.5
feet; thence North 52°17.5' West 643.0 feet; thence South 37°42' West 450
feet; thence continuing South 37°42' West to the Southeasterly most corner of
the following described parcel; the North 17.06 acres of the South Y2 of the
Northeast 1/4 of Section 7, Township 88 North, Range 13 West located West of
road, and except that part of Timberline Patio Homes plat bounded as follows:
commencing at a point on the centerline of West 4th Street which is 626.32
feet Southwest of the intersection of said centerline with the East line of said
Section 7, thence North 89°30' West 881.76 feet, thence North 37°21'30" East
837.49 feet, thence South 52°38'30" East 710 feet, thence Southwesterly along
the centerline of West 4th Street to the point of beginning, and except
Highway, and except that part of the Northeast 1/4 of said Section 7 described as
follows: beginning at a point on the West line of said Northeast 1/4 which is
1,218 feet South of the Northwest corner of said Northeast 1/4, thence North
78°47'45" East 208.37 feet, thence South 35°6'15" West 352.10 feet to the
West line of said Northeast 1/4, thence Northwest to the point of beginning, and
except that part platted as Ekho Ridge Addition; thence Northwesterly along
the Southwesterly line of said described parcel to its intersection with the West
line of the Northeast 1/4 of said Section 7; thence Southerly along the West line
of the Northeast 1/4 of said Section 7 to the center of said Section 7; thence
South 89°46'50" West 99.19 feet along the North line of the Southwest 1/4 of
said Section 7; thence South 665.54 feet to the Westerly most corner of Lot 3
of Nottingham Heights Addition; thence Westerly along the South line of the
North 1/2 of the North V2 of the Southwest 1/4 of said Section 7 to the Northeast
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Ordinance No. 5808
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corner of Lot C-1 of Southland Park Third Addition; thence Southeasterly
along the Northeasterly line of said Lot C-1 to the Easterly most corner of said
Lot C-1; thence southwesterly along the Southeasterly line of said Lot C-1 and
an extension of the Southeasterly line of said Lot C-1 to the centerline of
Charm Drive; thence Northwesterly, Westerly, and Southwesterly along the
Centerline of Charm Drive to its intersection with a point on the Southwest line
of Southland Park 4th Addition; thence Northwesterly and Northeasterly
following the Southwesterly lines of Southland Park 4th Addition to the
Southerly most corner of Lot C-8 of said addition; thence Northwesterly along
the Southwesterly line of said Lot C-8 to the Westerly most corner of said Lot
C-8; thence Southwesterly along the Southeasterly right-of-way line of U.S.
Highway 63 to the Northerly most corner of the following described parcel:
Unplatted Waterloo West, a part of the Southwest 14 of Section 7, Township 88
North, Range 13 West, beginning at a point on the West line of said Section 7
which is 1,066.45 feet North of the Southwest corner of said Section 7, thence
North 36°2' East 44 feet, thence South 53°58' East 500 feet, thence South
36°2' West 344 feet, thence North 53°58' West 281.77 feet to the West line of
said Section 7, thence North 370.98 feet to the point of beginning; thence
Southeasterly along the Northeasterly line of said described parcel to the
Easterly most corner of said described parcel; thence Southwesterly along the
Southeasterly line of said described parcel to the Southerly most corner of said
described parcel; thence South 53°58' East a distance of 107.59'; thence South
35°16'20" West a distance of 139.64'; thence Southwesterly in a straight line
to a point on the West line of said Section 7 that is 33 feet North of the
Southwest corner of said Section 7; thence South 33' to the Southwest corner
of said Section 7; thence Westerly along the South line of Section 12 of
Township 88 North, Range 14 West to the intersection of the South line of said
Section 12 and a line 1,000' Northwesterly of and parallel to the Northwesterly
right -of- way line of the Chicago Great Western Railroad (now abandoned);
thence Northeasterly 935 feet along said parallel line; thence Southeasterly at a
right angle 500 feet; thence Northeasterly at a right angle 878.6 feet; thence
Northwesterly at a right angle to the North line of the South 1/2 of the Southeast
1/4 of said Section 12; thence continuing Northwesterly along the last bearing to
the intersection with a line 1,000' Northwesterly of and parallel to the
Northwesterly right-of-way line of the Chicago Great Western Railroad (now
abandoned); thence Northeasterly along said parallel line to its intersection
with the Northeasterly right-of-way line of the Cedar Falls Branch Line of the
C NW Transportation Co. (now abandoned); thence Northwesterly along said
Northeasterly right-of-way line to its intersection with the North line of the
Northeast 1/4 of the Southeast 1/4 of Section 12, Township 88 North, Range 14
West; thence East along said North line and the North line of the Northwest 1/4
of the Southwest % of Section 7, Township 88 North, Range 13 West to its
intersection with the Northwesterly right-of-way line of the Chicago Great
Western Railroad (now abandoned); thence Northeasterly along said
Northwesterly right-of-way line to the centerline of Ranchero Road as
presently established; thence Northwesterly and Westerly along said centerline
of Ranchero Road to the Southwest corner of Section 6, Township 88 North,
Range 13 West; thence Northerly along the West line of said Section 6 to the
Northwest corner of the Southwest fractional 1/4 of the Southwest fractional 1/4
of said Section 6; thence North 89°42'54" East a distance of 818.14 feet;
thence South 06°19'51" West a distance of 32.15 feet; thence South 77°34'36"
East a distance of 835.86 feet; thence Easterly 637.85 feet along a 7,789.65
foot radius curve, concave Southerly, having a chord bearing South 75°14'03"
East 637.67 feet; thence South 72°26' 10" East 1005.02' to the point of
beginning.
(d) March 2016 Additions Area shall mean that portion of the City of Waterloo,
Iowa described in an Amendment to the urban renewal and redevelopment
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plan for the Martin Road Development Plan Area approved by Resolution No.
2016-197, adopted on March 21, 2016, which Amendment Area includes the
lots and parcels located within the area legally described as follows:
Parcel "D" according to Plat of Survey filed on 1/28/2015 as Doc. No.
2015-12088, as described as: That part of the Southwest Quarter (SWl) of the
Southeast Quarter (SE1) of Section Thirty-three (33), Township Eighty-nine
North (T89N), Range Thirteen West (R13W) of the Fifth Principal Meridian,
Waterloo, Black Hawk County, Iowa, described as follows: Beginning at the
Southwest corner of aforesaid Southwest Quarter (SWl) of the Southeast
Quarter (SE1/4); thence N01°52'25"W Thirty-three (33.00) feet along the West
line of said Southwest Quarter (SWl) of the Southeast Quarter (SE1/4) to the
North Right -of -Way line of Ridgeway Avenue; thence N01°53'44"W Six
Hundred Twenty-four and Twenty-six Hundredth (624.26) feet still along said
West line to the Southeast corner of Parcel "K", Document No. 2003-27008 in
the Black Hawk County Recorder's Office; thence N01°37'11"W Six Hundred
Sixty-seven and Fifty-two Hundredths (667.52) feet along the East line of said
Parcel "K" to the Northwest corner of aforesaid Southwest Quarter (SWV4) of
the Southeast Quarter (SE1/4), which is also on the South line of Jane Addition;
thence N89° 14'00"E Two Hundred Ninety-five and Eighty-eight Hundredths
(295.88) feet along the South line of said Jane Addition to the Southeast
corner of said Jane Addition; thence S01 °45'23"E One Thousand Three
Hundred Twenty-four and Sixteen Hundredths (1324.16) feet to the South line
of aforesaid Southwest Quarter (SWl) of the Southeast Quarter (SE1/4);
thence S89°06'56"W Two Hundred Ninety-five and Eighty-eight Hundredths
(295.88) feet along said South line to the point of beginning
(e) November 2016 Removal Area shall mean that portion of the City of
Waterloo, Iowa described in an Amendment to the urban renewal and
redevelopment plan for the Martin Road Development Plan Area approved by
Resolution No. 2016-904, adopted on November 14, 2016, which Amendment
Area includes the lots and parcels located within the area legally described as
follows:
Beginning at a point on the East line of Section 32, Township 89 North,
Range 13 West that is 420 feet South of the Northeast corner of the Northeast
1/4 of the Southeast % of said Section 32, thence South along said East line to
its intersection with the northerly right-of-way line of Martin Road, thence
Northeasterly and Easterly along said right-of-way line and an extension
thereof to its intersection with the centerline of U.S. Highway 63, thence
Southwesterly along said centerline to its intersection with the West line of the
Northeast 1/4 of the Southwest % of Section 33, Township 89 North, Range 13
West, thence North along said West line to its intersection with a line that is
1,789.59 feet North of the South line of said Section 33, thence West along
said line that is 1,789.59 feet North of the South line of said Section 33 to its
intersection with the East line of Section 32, Township 89 North, Range 13
West, thence South along the East line of said Section 32 to its intersection
with an Easterly extension of the North line of Lot 1 of Brock Addition,
thence West along an Easterly extension of the North line of said Lot 1 and
the North line of said Lot 1 to the Northwest corner of said Lot 1, thence
South along the West line of said Lot 1 and a Southerly extension of the West
line of said Lot 1 to the South line of said Section 32, thence West along the
South line of said Section 32 to the Southwest corner of the Southeast % of the
Southeast % of Section 32, thence North to the Southwest corner of the
Northeast % of the Southeast % of said Section 32, thence Northeasterly to a
point that is 990 feet East of and 675 feet North of the Southwest corner of the
Northeast % of the Southeast % of said Section 32, thence continuing
Northeasterly to the point of beginning.
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Ordinance No. 5808
Page 6
Also, beginning at the point of intersection of the Southeasterly right-of-
way line of U.S. Highway 63 (Sergeant Rd.) and the West line of the
Southeast 1/4 of the Southwest 1/4 of Section 33, Township 89 North, Range 13
West, thence South 89°50' 15" East a distance of 432.65 feet, thence South
1°40'30" East to the South line of said Section, thence West along said South
line to the Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Rd.),
thence Northerly and Northeasterly along said Southeasterly right-of-way line
to the point of beginning
Also beginning at a point on the East line of Lot 16 of Kingswood Second
Addition that is 250 feet North of the South line of said Lot 16, thence
Southerly and Southeasterly along the East line of said Lot 16 and the East
line of Lot 6 of South Waterloo Commercial Park to the Easterly most corner
of said Lot 6, thence Southwesterly and Westerly along the South line of said
Lot 6 to its intersection with the East line of Section 6, Township 88 North,
Range 13 West, thence South along the East line of Section 6 to the Northeast
corner of the Southeast 1/4 of the Southeast 1/4 of Section 6, thence West along
the North line of the Southeast 1/4 of the Southeast 1/4 of Section 6 to the
Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Rd.), thence
Northeasterly along the Southeasterly right-of-way line of U.S. Highway 63
(Sergeant Rd.) to the Northerly most corner of Lot 3 of South Waterloo
Commercial Park, thence Southeasterly along the Northeasterly line of said
Lot 3 and an extension of the Northeasterly line of said Lot 3 to its
intersection with the Northwesterly line of Lot 6 of South Waterloo
Commercial Park, thence Northeasterly along the Northwesterly line of said
Lot 6 and the Northwesterly line of Lot 16 of Kingswood Second Addition to
its intersection with a line that is 250 feet North of the South line of said Lot
16, thence East along a line that is 250 feet North of the South line of said Lot
16 to the point of beginning
Also, beginning at the Southerly most corner of Greenbelt Centre Plat No.
6, thence Southwesterly along the Northwesterly right-of-way line of the
Chicago Great Western Railroad (now abandoned) to its intersection with the
Northeasterly right-of-way line of Greyhound Drive, thence Northwesterly
and Northerly along the Northeasterly and Easterly right-of-way line of
Greyhound Drive to the Southwest corner of Greenbelt Centre Plat No. 3,
thence East along the South line of Greenbelt Centre Plat No. 3 and the South
line of Greenbelt Centre Plat No. 5 to the Southeast corner of Greenbelt
Centre Plat No. 5, thence South and Southwest along the Westerly and
Northwesterly right-of-way line of Titan Trail to the Westerly most corner of
Greenbelt Centre Plat No. 2, thence Southeast along the Southwest line of
Greenbelt Centre Plat No. 2 to the Northerly most corner of Greenbelt Centre
Plat No. 6, thence Southwesterly along the Northwesterly line of Greenbelt
Centre Plat No. 6 to the Westerly most corner of Greenbelt Centre Plat No. 6,
thence Southeasterly along the Southwesterly line of Greenbelt Centre Plat
No. 6 to the point of beginning.
Also, beginning at the Southwest corner of the Northeast 1/4 of the
Southwest 1/4 of Section 6, Township 88 North, Range 13 West, thence North
along the West line of the Northeast 1/4 of the Southwest 1/4 of said Section 6 to
the Northwest corner of the Northeast 1/4 of the Southwest 1/4 of said Section 6,
thence East along the North line of the Northeast 1/4 of the Southwest 1/4 and
the Northwest 1/4 of the Southeast 1/4 of said Section 6 to the Westerly right-of-
way line of Greyhound Drive, thence Southerly along the Westerly right-of-
way line of Greyhound Drive to its intersection with the South line of the
Northwest 1/4 of the Southeast 1/4 of said Section 6, thence West along the
South line of the Northwest 1/4 of the Southeast 1/4 and the South line of the
Northeast 1/4 of the Southwest 1/4 of said Section 6 to the point of beginning.
Also, the East 1/2 of the Northwest Fractional 1/4 of Section 6, Township 88
North, Range 13 West lying Easterly of the Westerly 440 feet of said
Northwest Fractional 1/4 and that part of the Northeast Fractional 1/4 of said
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Ordinance No. 5808
Page 7
(f)
Section 6 lying Westerly of the Westerly right-of-way line of Greyhound
Drive, except the portion of the above described area platted as Lot 1 and
Tract A of Greenbelt Centre Plat No. 1, and except the portion of the above
described area platted as Lot 2 of Greenbelt Centre Plat No 4.
Also, Lot 1 of Greenbelt Centre Plat No. 2.
Also, Lot 2, Lot 3, and the portion of Lot 1 lying Easterly of the Westerly
150 feet of Lot 1 of Greenbelt Centre Plat No. 3.
Also, Lots 1 thru 12 of Greenbelt Centre Plat No. 5.
Also, Lot 1 of Deer Creek Plat No. 2.
Also, that part of the Southwest 1/4 of the Southeast 1/4 of Section 32,
Township 89 North, Range 13 West, described as beginning at the Southeast
Corner of said Southwest 1/4 of the Southeast 1/4, thence West 475 feet, thence
North 790 feet, thence East 475 feet, thence South 790 feet to the point of
beginning
Also, beginning at the intersection of the Northeasterly right-of-way line
of the Cedar Falls Branch Line of the CNW Transportation Co. (now
abandoned) and a line that is 1,000 feet Northwesterly of and parallel to the
Northwesterly right-of-way line of the Chicago Great Western Railroad (now
abandoned), thence Northwesterly along said Northeasterly right-of-way line
of the Cedar Falls Branch Line of the CNW Transportation Co. to its
intersection with the North line of the Northeast 1/4 of the Southeast 1/4 of
Section 12, Township 88 North, Range 14 West, thence East along said North
line to the East line of said Section 12, thence South along the East line of said
Section 12 to the Southeast corner of the Northeast 1/4 of the Northeast 1/4 of
the Southeast 1/4 of said Section 12, thence West along the South line of the
Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4 of said Section 12 to the
Northeasterly right-of-way line of the Cedar Falls Branch Line of the CNW
Transportation Co., thence Northwesterly along said Northeasterly right-of-
way line to the point of beginning
November 2016 Additions Area shall mean that portion of the City of
Waterloo, Iowa described in an Amendment to the urban renewal and
redevelopment plan for the Martin Road Development Plan Area approved by
Resolution No. 2016-905, adopted on November 14, 2016, which Amendment
Area includes the lots and parcels located within the area legally described as
follows:
Beginning at a point on the East line of Section 32, Township 89 North,
Range 13 West that is 420 feet South of the Northeast corner of the Northeast
1/4 of the Southeast 1/4 of said Section 32, thence South along said East line to
its intersection with the northerly right-of-way line of Martin Road, thence
Northeasterly and Easterly along said right-of-way line and an extension
thereof to its intersection with the centerline of U.S. Highway 63, thence
Southwesterly along said centerline to its intersection with the West line of the
Northeast 1/4 of the Southwest % of Section 33, Township 89 North, Range 13
West, thence North along said West line to its intersection with a line that is
1,789.59 feet North of the South line of said Section 33, thence West along
said line that is 1,789.59 feet North of the South line of said Section 33 to its
intersection with the East line of Section 32, Township 89 North, Range 13
West, thence South along the East line of said Section 32 to its intersection
with an Easterly extension of the North line of Lot 1 of Brock Addition,
thence West along an Easterly extension of the North line of said Lot 1 and
the North line of said Lot 1 to the Northwest corner of said Lot 1, thence
South along the West line of said Lot 1 and a Southerly extension of the West
line of said Lot 1 to the South line of said Section 32, thence West along the
South line of said Section 32 to the Southwest corner of the Southeast 1/4 of the
Southeast 1/4 of Section 32, thence North to the Southwest corner of the
Northeast 1/4 of the Southeast 1/4 of said Section 32, thence Northeasterly to a
point that is 990 feet East of and 675 feet North of the Southwest corner of the
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Ordinance No. 5808
Page 8
Northeast 1/4 of the Southeast 1/4 of said Section 32, thence continuing
Northeasterly to the point of beginning.
Also, beginning at the point of intersection of the Southeasterly right-of-
way line of U.S. Highway 63 (Sergeant Rd.) and the West line of the
Southeast 1/4 of the Southwest 1/4 of Section 33, Township 89 North, Range 13
West, thence South 89°50' 15" East a distance of 432.65 feet, thence South
1°40'30" East to the South line of said Section, thence West along said South
line to the Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Rd.),
thence Northerly and Northeasterly along said Southeasterly right-of-way line
to the point of beginning
Also beginning at a point on the East line of Lot 16 of Kingswood Second
Addition that is 250 feet North of the South line of said Lot 16, thence
Southerly and Southeasterly along the East line of said Lot 16 and the East
line of Lot 6 of South Waterloo Commercial Park to the Easterly most corner
of said Lot 6, thence Southwesterly and Westerly along the South line of said
Lot 6 to its intersection with the East line of Section 6, Township 88 North,
Range 13 West, thence South along the East line of Section 6 to the Northeast
corner of the Southeast 1/4 of the Southeast 1/4 of Section 6, thence West along
the North line of the Southeast 1/4 of the Southeast 1/4 of Section 6 to the
Southeasterly right-of-way line of U.S. Highway 63 (Sergeant Rd.), thence
Northeasterly along the Southeasterly right-of-way line of U.S. Highway 63
(Sergeant Rd.) to the Northerly most corner of Lot 3 of South Waterloo
Commercial Park, thence Southeasterly along the Northeasterly line of said
Lot 3 and an extension of the Northeasterly line of said Lot 3 to its
intersection with the Northwesterly line of Lot 6 of South Waterloo
Commercial Park, thence Northeasterly along the Northwesterly line of said
Lot 6 and the Northwesterly line of Lot 16 of Kingswood Second Addition to
its intersection with a line that is 250 feet North of the South line of said Lot
16, thence East along a line that is 250 feet North of the South line of said Lot
16 to the point of beginning
Also, beginning at the Southerly most corner of Greenbelt Centre Plat No.
6, thence Southwesterly along the Northwesterly right-of-way line of the
Chicago Great Western Railroad (now abandoned) to its intersection with the
Northeasterly right-of-way line of Greyhound Drive, thence Northwesterly
and Northerly along the Northeasterly and Easterly right-of-way line of
Greyhound Drive to the Southwest corner of Greenbelt Centre Plat No. 3,
thence East along the South line of Greenbelt Centre Plat No. 3 and the South
line of Greenbelt Centre Plat No. 5 to the Southeast corner of Greenbelt
Centre Plat No. 5, thence South and Southwest along the Westerly and
Northwesterly right-of-way line of Titan Trail to the Westerly most corner of
Greenbelt Centre Plat No. 2, thence Southeast along the Southwest line of
Greenbelt Centre Plat No. 2 to the Northerly most corner of Greenbelt Centre
Plat No. 6, thence Southwesterly along the Northwesterly line of Greenbelt
Centre Plat No. 6 to the Westerly most corner of Greenbelt Centre Plat No. 6,
thence Southeasterly along the Southwesterly line of Greenbelt Centre Plat
No. 6 to the point of beginning.
Also, beginning at the Southwest corner of the Northeast 1/4 of the
Southwest 1/4 of Section 6, Township 88 North, Range 13 West, thence North
along the West line of the Northeast 1/4 of the Southwest 1/4 of said Section 6 to
the Northwest corner of the Northeast 1/4 of the Southwest 1/4 of said Section 6,
thence East along the North line of the Northeast 1/4 of the Southwest 1/4 and
the Northwest 1/4 of the Southeast 1/4 of said Section 6 to the Westerly right-of-
way line of Greyhound Drive, thence Southerly along the Westerly right-of-
way line of Greyhound Drive to its intersection with the South line of the
Northwest 1/4 of the Southeast 1/4 of said Section 6, thence West along the
South line of the Northwest 1/4 of the Southeast 1/4 and the South line of the
Northeast 1/4 of the Southwest 1/4 of said Section 6 to the point of beginning.
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Ordinance No. 5808
Page 9
Also, the East'/2 of the Northwest Fractional'/4 of Section 6, Township 88
North, Range 13 West lying Easterly of the Westerly 440 feet of said
Northwest Fractional 14 and that part of the Northeast Fractional 1/4 of said
Section 6 lying Westerly of the Westerly right-of-way line of Greyhound
Drive, except the portion of the above described area platted as Lot 1 and
Tract A of Greenbelt Centre Plat No. 1, and except the portion of the above
described area platted as Lot 2 of Greenbelt Centre Plat No 4.
Also, Lot 1 of Greenbelt Centre Plat No. 2.
Also, Lot 2, Lot 3, and the portion of Lot 1 lying Easterly of the Westerly
150 feet of Lot 1 of Greenbelt Centre Plat No. 3.
Also, Lots 1 thru 12 of Greenbelt Centre Plat No. 5.
Also, Lot 1 of Deer Creek Plat No. 2.
Also, that part of the Southwest 1/4 of the Southeast 1/4 of Section 32,
Township 89 North, Range 13 West, described as beginning at the Southeast
Corner of said Southwest 1/4 of the Southeast 1/4, thence West 475 feet, thence
North 790 feet, thence East 475 feet, thence South 790 feet to the point of
beginning
(g) Sunset Area shall mean that portion of the Original Project Area that is legally
described as follows:
Beginning at the intersection of the centerline of U.S. Highway 63 and the
West line of the Northeast 1/4 of the Southwest 1/4 of Section 33, Township 89
North, Range 13 West, thence North along said West line to its intersection
with a line that is 1,789.59 feet North of the South line of said Section 33,
thence West along said line that is 1,789.59 feet North of the South line of
said Section 33 to its intersection with the East line of Section 32, Township
89 North, Range 13 West, thence South along the East line of said Section 32
to its intersection with an Easterly extension of the North line of Lot 1 of
Brock Addition, thence West along an Easterly extension of the North line of
said Lot 1 and the North line of said Lot 1 to the Northwest corner of said Lot
1, thence South along the West line of said Lot 1 and a Southerly extension of
the West line of said Lot 1 to the South line of said Section 32, thence East
along the South line of said Section 32 and the South line of said Section 33 to
the centerline of U.S. Highway 63, thence Northeasterly along the centerline
of U.S. Highway 63 to the point of beginning.
(h) June 2022 Additions Area shall mean that portion of the City of Waterloo,
Iowa described in an Amendment to the urban renewal and redevelopment
plan for the Martin Road Development Plan Area approved by Resolution No.
2022-376, adopted on June 20, 2022, which Amendment Area includes the
lots and parcels located within the area legally described as follows:
Beginning at the intersection of the centerline of U.S. Highway 63 and the
West line of the Northeast % of the Southwest 1/4 of Section 33, Township 89
North, Range 13 West, thence North along said West line to its intersection
with a line that is 1,789.59 feet North of the South line of said Section 33,
thence West along said line that is 1,789.59 feet North of the South line of
said Section 33 to its intersection with the East line of Section 32, Township
89 North, Range 13 West, thence South along the East line of said Section 32
to its intersection with an Easterly extension of the North line of Lot 1 of
Brock Addition, thence West along an Easterly extension of the North line of
said Lot 1 and the North line of said Lot 1 to the Northwest corner of said Lot
1, thence South along the West line of said Lot 1 and a Southerly extension of
the West line of said Lot 1 to the South line of said Section 32, thence East
along the South line of said Section 32 and the South line of said Section 33 to
the centerline of U.S. Highway 63, thence Northeasterly along the centerline
of U.S. Highway 63 to the point of beginning.
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Ordinance No. 5808
Page 10
(i)
Also, beginning at the intersection of the Northerly right-of-way line of
Martin Road and the Northwesterly right-of-way line of the Chicago Great
Western Railroad (now abandoned), thence Northeasterly along said
Northwesterly right-of-way to the centerline of W 3rd Street, thence East along
the centerline of W 3rd Street to its intersection with a Northerly extension of
the centerline of Orange Grove Avenue, thence South along said Northerly
extension of the centerline of Orange Grove Avenue and the centerline of
Orange Grove Avenue to the centerline of Campbell Avenue, thence East
along the centerline of Campbell Avenue to the centerline of Fletcher Avenue,
thence South and Southeasterly along the centerline of Fletcher Avenue to the
centerline of W 4th Street, thence Southwesterly along the centerline of W 4th
Street to the centerline of Martin Road, thence West along the centerline of
Martin Road to the centerline of Ansborough Avenue, thence North along the
centerline of Ansborough Avenue to its intersection with the Southeasterly
right-of-way line of U.S. Highway 63, thence Southwesterly along the
Southeasterly right-of-way line of U.S. Highway 63 to its intersection with the
East line of the West 75 feet of Lot 23 of Park View Gardens, thence South
along said East line to its intersection with the North right-of-way line of
Upland Drive, thence West along the North right-of-way line of Upland Drive
to its intersection with the Southeasterly right-of-way line of U.S. Highway
63, thence Southwesterly along the Southeasterly right-of-way line of U.S.
Highway 63 to its intersection with the Northerly right-of-way line of Martin
Road, thence West along the Northerly right-of-way line of Martin Road to
the point of beginning.
Amendment No. 7 (Removal Area) shall mean that portion of the City of
Waterloo, Iowa, described in an Amendment to the urban renewal and
redevelopment plan for the Martin Road Development Plan Area approved by
Resolution No. 2025-627, adopted on November 3, 2025, which Amendment
Area includes the lots and parcels located within the area legally described as
follows:
The South Two Hundred Fifty (250.00) feet of Lot No. Sixteen (16),
Kingswood Second Addition, Waterloo, Black Hawk County, Iowa.
(j) Amended Project Area shall mean that portion of the City of Waterloo, Iowa
included within the Original Project Area, Amendment No. 1 Area,
Amendment No. 2 Area, and March 2016 Additions Area, as each is legally
described in paragraphs (a) through (d) above (as modified to remove
therefrom those portions of the November 2016 Removal Area, the Sunset
Area, and the Amendment No. 7 Removal Area as legally described in
paragraphs (e), (0, and (i) above, that are situated respectively in each of said
areas), and the November 2016 Additions Area and June 2022 Additions Area
as each is legally described in paragraphs (f) and (h) above (as modified to
remove therefrom those portions of the Amendment No. 7 Removal Area as
legally described in paragraph (i) above).
Section 2: The taxes levied on the taxable property in the Amended Project Area, legally
described in Section 1 hereof, by and for the benefit of the State of Iowa, City of Waterloo,
County of Black Hawk, Waterloo Community School District, and all other taxing districts from
and after the effective date of this Ordinance shall be divided as hereinafter provided in this
Ordinance.
Section 3: No part of the Original Project Area remains after removal therefrom of those
parcels situated within the November 2016 Removal Area and the Sunset Area, and therefore no
division of taxes is made with respect to the Original Project Area except as provided in later
paragraphs of this Section 3.
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Ordinance No. 5808
Page 11
As to the Amendment No. 1 Area that remains after removal therefrom of those parcels
situated within the November 2016 Removal Area and the Amendment No. 7 Removal Area,
that portion of the taxes which would be produced by the rate at which the tax is levied each year
by or for each of the taxing districts taxing property in the Original Project Area upon the total
sum of the assessed value of the taxable property in the Original Project Area as shown on the
assessment roll as of January 1, 2003, being the first day of the calendar year preceding the
effective date of Ordinance No. 5249, shall be allocated to and when collected be paid into the
fund for the respective taxing district as taxes by or for said taxing district into which all other
property taxes are paid. The taxes so determined shall be referred herein as the "base period
taxes" for such area.
As to the Amendment No. 2 Area that remains after removal therefrom of those parcels
situated within the November 2016 Removal Area, base period taxes shall be computed in the
same manner using the total assessed value shown on the assessment roll as of January 1, 2013,
being the assessment roll applicable to property in such area as of January 1 of the calendar year
preceding the effective date of Ordinance No. 5249.
As to the March 2016 Additions Area (which is unaffected by the November 2016
Removal Area), base period taxes shall be computed in the same manner using the total assessed
value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to
property in such area as of January 1 of the calendar year preceding the effective date of
Ordinance No. 5343.
As to the November 2016 Additions Area (which is unaffected by the November 2016 Removal
Area), base period taxes shall be computed in the same manner using the total assessed value
shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to
property in such area as of January 1 of the calendar year preceding the effective date of
Ordinance No. 5376.
As to the June 2022 Additions Area, base period taxes shall be computed in the same manner
using the total assessed value shown on the assessment roll as of January 1, 2021, being the
assessment roll applicable to property in such area as of January 1 of the calendar year preceding
the effective date of this Ordinance.
Section 4: That portion of the taxes each year in excess of the base period taxes for the
Amended Project Area, determined for each sub -area thereof as provided in Section 3 of this
Ordinance, shall be allocated to and when collected be paid into the special tax increment fund
previously established by the City of Waterloo to pay the principal of and interest on loans,
monies advanced to, or indebtedness, whether funded, refunded, assumed or otherwise, including
bonds issued under authority of Section 403.9 or Section 403.22 of the Code of Iowa, incurred
by the City of Waterloo, Iowa to finance or refinance, in whole or in part, urban renewal projects
undertaken within the Amended Project Area pursuant to the Urban Renewal Plan, as amended,
except that taxes for the regular and voter -approved physical plant and equipment levy of a
school district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for the payment
of bonds and interest of each taxing district shall be collected against all taxable property within
the Amended Project Area without any limitation as provided above.
Section 5: Unless or until the total assessed valuation of the taxable property in the areas
of the Amended Project Area exceeds the total assessed value of the taxable property in said area
shown by the assessment rolls referred to in Section 3 of this Ordinance, all of the taxes levied
and collected upon the taxable property in the Amended Project Area shall be paid into the funds
for the respective taxing districts as taxes by or for the taxing districts in the same manner as all
other property taxes.
Section 6: At such time as the loans, monies advanced, bonds and interest thereon and
indebtedness of the City of Waterloo referred to in Section 4 hereof have been paid, all monies
thereafter received from taxes upon the taxable property in the Amended Project Area shall be
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Ordinance No. 5808
Page 12
paid into the funds for the respective taxing districts in the same manner as taxes on all other
property.
Section 7: All ordinances or parts of ordinances in conflict with the provisions of this
Ordinance are hereby repealed. The provisions of this Ordinance are intended and shall be
construed so as to continue the division of taxes from property within the areas authorized in
Ordinance No. 4708 for the addition of the Amendment No. 1 Area, as amended by Ordinance
No. 5249 for the addition of the Amendment No. 2 Area, as amended by Ordinance No. 5343 for
the addition of the March 2016 Addition Area, as amended by Ordinance No. 5373 for the
removal of the November 2016 Removal Area, as amended by Ordinance No. 5376 for the
addition of the November 2016 Additions Area, as amended by Ordinance No. 5647 for the
addition of the June 2022 Additions Area, as amended by Ordinance No. 5808 and to fully
implement the provisions of Section 403.19 of the Code of Iowa with respect to the division of
taxes from property within the foregoing areas as described above. In the event that any
provision of this Ordinance shall be determined to be contrary to law, it shall not affect other
provisions or application of this Ordinance, which shall at all times be construed to fully invoke
the provisions of Section 403.19 of the Code of Iowa with reference to the Amended Project
Area and the territory contained therein.
Section 8: This Ordinance shall be in effect after its final passage, approval and
publication as provided by law.
INTRODUCED:
PASSED 1st CONSIDERATION:
PASSED 2nd CONSIDERATION:
PASSED 3rd CONSIDERATION:
November 3, 2025
November 3, 2025
November 3, 2025
November 3, 2025
PASSED AND ADOPTED this 3rd day of November 2025.
ATTEST:
"—Signed by:
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Kelley Felchle, City Clerk
CERTIFICATE
/b ri44yQuentin art, Mayor
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DocuSigned by:
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I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Ordinance No. 5808 as passed and adopted by the City
Council of the City of Waterloo, Iowa, on the 3rd day of November 2025.
Witness my hand and seal of office this 20th day of November 2025.
Signed by:
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Kelley Felchle, City Clerk