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HomeMy WebLinkAbout2026-511-09.21.2026.docDocusign Envelope ID: 562DD6CC-F8C4-87D2-8049-9781D65E5E4E Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2026-511 RESOLUTION DETERMINING THE NECESSITY AND SETTING DATE OF PUBLIC HEARING AS OCTOBER 19, 2026, TO APPROVE THE 2026 PROJECT AMENDMENT TO THE CROSSROADS WATERLOO URBAN RENEWAL AND REDEVELOPMENT PLAN TO REDUCE THE AREA SUBJECT TO THE DIVISION OF TAXES AND TO UPDATE PROJECTS AND PROJECT BUDGES TO BE INCLUDED IN THE PLAN, AND OTHER GENERAL UPDATES TO THE PLAN, AND SETTING DATE OF CONSULTATION WITH TAXING ENTITIES AS OCTOBER 2, 2026, AND INSTRUCT THE CITY CLERK TO PUBLISH NOTICE. WHEREAS, the City of Waterloo, Iowa has previously adopted the Crossroads Waterloo Urban Renewal and Redevelopment Plan; and WHEREAS, the City Council finds it necessary and appropriate to consider approval of the 2026 Project Amendment to the Plan to reduce the area subject to the division of taxes, update projects and project budgets to be included in the Plan, and make other general updates to the Plan; and WHEREAS, pursuant to Chapter 403 of the Code of Iowa, the City Council is required to consult with affected taxing entities and conduct a public hearing prior to acting on the proposed amendment. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Waterloo, Iowa, that: 1. The City Council hereby determines that it is necessary and appropriate to amend the Crossroads Waterloo Urban Renewal and Redevelopment Plan by adoption of the 2026 Project Amendment, to reduce the area subject to the division of taxes, update projects and project budgets to be included in the Plan, and make other general updates to the Plan. 2. Consultation with the affected taxing entities regarding the proposed 2026 Project Amendment to the Crossroads Waterloo Urban Renewal and Redevelopment Plan shall be held on October 2, 2026. 3. A public hearing on the proposed 2026 Project Amendment to the Crossroads Waterloo Urban Renewal and Redevelopment Plan, including the reduction of the area subject to the division of taxes, updates to projects and project budgets, and other general updates to the Plan, is hereby set for October 19, 2026. 4. The City Clerk is directed to publish notice of said public hearing as required by law. PASSED AND ADOPTED this 21' day of September 2026. Signed by: �avu� bot-suA, baavic oesen, Mayor Docusign Envelope ID: 562DD6CC-F8C4-87D2-8049-9781D65E5E4E Resolution 2026-511 Page 2 ATTEST: Signed by: ►Ct h y F e y Fel6FchBC 41eA8.. Kel , City Clerk SEAL • XVti ere ere.r, 0