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Council Packet - 11/21/2016
THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, REGULAR SESSION TO BE HELD AT THE HAROLD E. GETTY COUNCIL CHAMBERS Monday, November 21, 2016 5:30 PM CITY OF WATERLOO GOALS 1. Support economic development efforts that attract, retain and create quality jobs resulting in a diverse economic base and increased population. 2. Continue to support implementation of the Downtown Master Plan. 3. Facilitate and promote the development of housing options to meet the needs of current and future Waterloo citizens. 4. Develop a customer -centered service delivery approach. 5. Seek additional opportunities to share services and resources with other government entities. 6. Collaborate with statewide elected officials to reduce the burden on local property taxes. 7. Address the changing public workforce needs in Waterloo. 8. Enhance and protect a diverse, family-oriented community where neighborhoods are safe and well maintained. 9. Enhance the quality of place opportunities for the citizens of our community. General Rules for Public Participation 1. At the chair/presider's discretion, you may address an item on the current agenda by stepping to the podium, and after recognition by the chair/presider, state your name, address and group affiliation (if appropriate) and speak clearly into the microphone. 2. You may speak one (1) time per item for a maximum of five (5) minutes as long as you have registered with the City Clerk's office no later than 4:00 p.m. on the day of the Council Meeting. If not registered with the City Clerk's office you may speak one (1) time per item for a maximum of three (3) minutes. 3. If there is a hearing scheduled as part of an agenda item, the chair/presider will allow everyone who wishes to address the council, using the same participation guidelines found in these "general rules". 4. Although not required by city code of ordinances, oral presentations may be allowed at the chair/presider's (usually the Mayor or Mayor Pro Tem) discretion. The "oral presentations" section of the agenda is your opportunity to address items not on the agenda. You may speak one (1) time for a maximum of five (5) minutes as long as you have registered with the City Clerk's office no later than 4:00 p.m. on the day of the Council Meeting. If not registered with the City Clerk's office a speaker may speak to one (1) issue per meeting for a maximum of three (3) minutes. Official action cannot be taken by the Council at that time, but may be placed on a future agenda or referred to the appropriate depai talent. 5. Keep comments germane and refrain from personal, impertinent or slanderous remarks. 6. Questions concerning these rules or any agenda item may be directed to the Clerk's Office at 291-4323. 7. Citizens are encouraged to register with the Clerk's Office by 4:00 p.m. on Monday of the day of the City Council meeting to appear before the City Council (may also register by phone). Registered speakers will be given first priority. Page 1 of 130 Roll Call. Prayer or Moment of Silence Pledge of Allegiance Patrick Morrissey, Ward 3 Council Member Agenda, as proposed or amended. Minutes of November 14, 2016, Regular Session, as proposed. ORAL PRESENTATIONS Iowa Code Chapter 21 gives the public the right to attend council meetings but it does not require cities to allow public participation except during public hearings. The City of Waterloo encourages the public to participate during the Oral Presentations by following the rules listed on the front of the agenda. 1. Consent Agenda: (The following items will be acted upon by voice vote on a single motion without separate discussion, unless someone from the council or public requests that a specific item be considered separately.) A. Resolution to approve the following: 1. Bills Payment, Finance Committee Invoice Summary Report, a copy of which is on file in the office of the City Clerk. 2. Request from Joe Selesky for a waiver for a concrete driveway located at 2100 Touchae Street with the elimination of the sidewalk section due to the inability to meet grade requirements. Submitted By: Eric Thorson, PE, City Engineer 3. Request from Steve Keys for a waiver for a concrete driveway to be located at 2086 Howard Avenue and authorizing the construction of a concrete driveway and placing a driveway or sidewalk on City right of way on an unimproved street. Submitted By: Eric Thorson, PE, City Engineer 4. Resolution setting the date of public hearing as December 5, 2016 to approve preliminary plans, specifications, form of contract, etc. and setting the date of bid opening as Thursday, December 1, 2016 for asbestos abatement services at 820 Newell Street, 915 Newell Street, 3126 Franklin Street, 71 Franklin Street, 929 Linden Avenue, 426 Cherry Street, 310 Oak Street, 847 Dawson Street, 414 Thompson Street, and instruct City Clerk to publish notice. Submitted By: Noel Anderson -Community Planning and Development Director Page 2 of 130 B. Motion to approve the following: 1. TRAVEL REQUESTS a. Wayne Castle, Associate Engineer and Phillip Schuppert, Storm Water Specialist Class/Meeting: 2nd Annual Stormwater Summit Destination: Marion, IA Dates: Dec. 6-7, 2016 Amount not to exceed: $170.00 b. Bob Ball, Chief Building Inspector Class/Meeting: WI Commercial Building Code Refresher Destination: Madison, WI Dates: Feb. 27 - Mar. 1, Amount not to exceed: $1,205.00 2017 2. LIQUOR LICENSES a. Volks Haus, 324 E. 4th Street Class: C Liquor w/Outdoor Service Renewal Application Includes Sunday Expiration Date: 11/22/2017 b. Placita, 322 W. 4th Street Class: B Beer Renewal Application Includes Sunday Expiration Date: 11/30/2017 c. New Star Liquor, 1625 W. 4th Street Class: B Wine / C Beer / E Liquor Renewal Application Includes Sunday Expiration Date: 12/10/2017 d. Casey's General Store #2866, 51 E. Tower Park Drive **Ownership Update** Class: C Beer Renewal Application Includes Sunday Expiration Date: 12/27/2017 e. Casey's General Store #2866, 51 E. Tower Park Drive Class: C Beer Renewal Application Includes Sunday Expiration Date: 12/27/2017 3. APPOINTMENTS a. Anesa Kajtazovic Board/Commission: Telecommunications Board Expiration Date: 11/21/2022 New Appointment Page 3 of 130 4. Bonds RESOLUTIONS 2. Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Crossroads Waterloo Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 3. Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Downtown Waterloo Urban Renewal and Redevelopment Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 4. Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Martin Road Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 5. Resolution approving certification to the Black Hawk County Auditor for FY2016 expenditures that qualify for reimbursement in the East Waterloo Unified Urban Renewal & Redevelopment Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 6. Resolution approving certification to the Black Hawk County Auditor of expenditures that qualify for reimbursement including the release of approximately $300,000 in revenue in the FY2016 Northeast Industrial Area Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 7. Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Rath Area Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 8. Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 San Marnan Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director 9. Resolution approving a contract with HR Green for a Phase 1 Environmental Site Assessment of city owned property generally located west of the waste water treatment lagoon along Northeast Drive in the amount of $2,900. Submitted By: Noel Anderson -Community Planning and Development Director 10. Resolution approving Supplemental Agreement No. 3 with AECOM for a net increase in the amount of $14,500.00 for the Belt Filter Press Addition, Contract No. 869, and authorize the Mayor and City Clerk to execute said document. Submitted By:Steven Hoambrecker, Director, Waste Management Services Page 4 of 130 ORDINANCES 11. Martin Road Development Plan Amendment No. 5 Expansion Area, to expand the boundaries of the TIF area. Motion to receive, file, consider and pass for the second time an Ordinance providing that general property taxes levied and collected each year on all property located within the newly expanded Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project. Motion to suspend the rules. Motion to consider and pass for the third time and adopt the ordinance. Submitted By:Aric Schroeder, City Planner OTHER COUNCIL BUSINESS 12. Motion approving Change Order No: 3 with Modern Builders, Inc. of Janesville, Iowa, for additional interior improvements to Hangar No: 4 occupied by Swieter Aircraft Services at Waterloo Regional Airport, for the replacement of an electrical box, conduit, and the repainting of six (6) doors in the hangar bay in the amount of $975.00 and authorize the Mayor to sign the Change Order documents. Submitted By: Keith Kaspari, Director of Aviation 13. Hearing on Revocation of Peddler Permit Motion to approve revocation of peddler permit issued to Karl Grigg Submitted By: David R. Zellhoefer, City Attorney ADJOURNMENT Motion to adjourn. Kelley Felchle City Clerk MEETINGS 3:45 p.m. Work Session, Harold E. Getty Council Chambers 5:00 p.m. Boards & Commissions Committee, Harold E. Getty Council Chambers 5:05 p.m. Human Resources Committee, Harold E. Getty Council Chambers 5:10 p.m. Finance Committee, Harold E. Getty Council Chambers Page 5 of 130 CITY OF WATERLOO Council Communication Minutes of November 14, 2016, Regular Session, as proposed. City Council Meeting: 11/21/2016 Prepared: REVIEWERS: Department Reviewer Action Clerk Office Higby, Nancy Approved ATTACHMENTS: Description Type ul Minutes of November 14, 2016 Backup Material Submitted by: Submitted By: Date 11/15/2016 - 12:57 PM Page 6 of 130 November 14, 2016 The Council of the City of Waterloo, Iowa, met in Regular Session at Harold E. Getty Council Chambers, Waterloo, Iowa, at 5:30 p.m., on Monday, November 14, 2016. Mayor Quentin Hart in the Chair. Roll Call: Jacobs, Morrissey, Lind, Amos, Schmitt, and Welper. Mr. Powers joined via telephone at 5:54 p.m. Prayer or Moment of Silence. Plede of Allegiance: Bruce Jacobs, Ward 2 Council Member. 146747 - Welper/Schmitt that the Agenda, as amended by adding a resolution authorizing sale and conveyance of the vacated alley within the former Bowl -In block, generally located in the block bounded by Mullan Avenue, Jefferson Street, West 1st Street, and Highway 218, to Hawkeye Community College, in the amount of $1.00, Resolution authorizing sale and conveyance of the vacated alley within the former Bowl -In block, generally located in the block bounded by Mullan Avenue, Jefferson Street, West 1st Street, and Highway 218, to Hawkeye Community College, in the amount of $1.00, and approving a development agreement with Hawkeye Community College, for the Regular Session on Monday, November 14, 2016, at 5:30 p.m., be accepted and approved. Voice vote -Ayes: Six. Motion carried. 146748 - Welper/Schmitt that the Minutes, as proposed, for the Regular Session on Monday, November 7, 2016, at 5:30 p.m., be accepted and approved. Voice vote -Ayes: Six. Motion carried. Mayor Hart recognized Optimist Flag Football Player and Coach of the Year. ORAL PRESENTATIONS Jim Chapman, 224 Bertch, commented that the City of Waterloo has many empty houses and those people need incentives as well. Marsha Burton, 1510 Lyon Avenue, commented on Advanced Systems leaving the City of Waterloo and explained the need for more businesses coming to the City of Waterloo. Forest Dillavou, 1725 Huntington Road, commented on authorized funds spent on SportsPlex last week on the Finance Committee agenda and questioned where the funds spent at the facility come from. Paul Huting, Leisure Services Director, the funds came from the SportsPlex budget. Sam Neil, 514 Kingbard Boulevard, commented on the need for the city to take pride in its image. David Dryer, 3145 W. 4th Street, commented on the fire at the Graystone Building, which is owned by the city, and expressed a need for the building to be put on the National Register of Historic Places. Tracey Southall, 621 Vermont Street, commented on the peddler who has set up at the liquor store on the six corners area. Dave Zellhoefer, City Attorney, a hearing will be held next week on the revocation of their peddler permit. Mayor Hart commented that the city recently had its second largest building valuation growth and is working on finding and making improvements. 146749 - Welper/Schmitt that the above oral comments be received and placed on file. Voice vote -Ayes: Six. Motion carried. Mr. Powers joined the meeting via telephone at 5:54 p.m. Page 7 of 130 November 14, 2016 Page 2 CONSENT AGENDA 146750 - Welper/Schmitt that the following items on the consent agenda be received, placed on file and approved: a. Resolutions to approve the following: 1. Resolution approving Finance Committee Invoice Summary Report, dated November 14, 2016, in the amount of $4,416,647.39 a copy of which is on file in the City Clerk's office, together with recommendation of approval of the Finance Committee. Resolution adopted and upon approval by Mayor assigned No. 2016-890. 2. Resolution approving the request of Panther Builders for tax exemptions on the construction of a new single family home valued at $260,000 for property located at 5915 Summerland Drive, and located in the City Limits Urban Revitalization Area (CLURA), and rescinding resolution No. 2016-829. Resolution adopted and upon approval by Mayor assigned No. 2016-891. 3. Resolution approving the request of James Moeller for tax exemptions on the construction of a new single family home valued at $229,064 for property located at 1107 Sandpiper Court, and located in the City Limits Urban Revitalization Area (CLURA). Resolution adopted and upon approval by Mayor assigned No. 2016-892. 4. Resolution approving the request of Heidi and Joshua Verhagen for tax exemptions on the construction of a new single family home valued at $170,000 for property located at 5629 Summerland Drive, and located in the City Limits Urban Revitalization Area (CLURA). Resolution adopted and upon approval by Mayor assigned No. 2016-893. 5. Resolution approving the request of DS Rentals LLC for tax exemptions on the construction of a new single family home valued at $180,000 for property located at 5633 Summerland Drive, and located in the City Limits Urban Revitalization Area (CLURA). Resolution adopted and upon approval by Mayor assigned No. 2016-894. 6. Resolution approving the request of DS Rentals LLC for tax exemptions on the construction of a new single family home valued at $150,000 for property located at 5739 Summerland Drive, and located in the City Limits Urban Revitalization Area (CLURA). Resolution adopted and upon approval by Mayor assigned No. 2016-895. 7. Resolution approving the request of DS Rentals LLC for tax exemptions on the construction of a new single family home valued at $150,000 for property located at 5741 Summerland Drive, and located in the City Limits Urban Revitalization Area (CLURA). Resolution adopted and upon approval by Mayor assigned No. 2016-896. 8. Resolution approving the request of Bruce Vaughn Sr. for tax exemptions on the construction of home improvements valued at $31,000 for the property located at 615 Cottage Street and located within the Consolidated Urban Revitalization Area (CURA). Resolution adopted and upon approval by Mayor assigned No. 2016-897. 9. Resolution approving the request of DS Rentals LLC for tax exemptions on the construction of a new single family home valued at $110,000 for the property located at 2164 Burton Ave. and located within the Consolidated Urban Revitalization Area (CURA). Resolution adopted and upon approval by Mayor assigned No. 2016-898. 10. Resolution setting the date of public hearing as November 28, 2016 for a request by Midwest Development Company for a site plan amendment in the "R -3,R -P" Planned Multiple Page 8 of 130 November 14, 2016 Page 3 Residence District for Lots C-1, C-2, and C-3 of the Southland Park Third Addition to allow for the construction of 8 single family homes, and instruct City Clerk to publish pertinent notice. Resolution adopted and upon approval by Mayor assigned No. 2016-899. 11. Resolution setting the date of public hearing at November 28, 2016 to approve a request by INVISION Architecture on the behalf of North Crossing, LLC for a site plan amendment to the "C -P" Planned Commercial District to allow for the construction of a 35,000 SF medical office, located at the northeast corner of Highway 63 (Logan Avenue) and East Donald Street, and instruct City Clerk to publish notice. Resolution adopted and upon approval by Mayor assigned No. 2016-900. 12. Resolution accepting an easement for a public highway from B&R Oil Corporation and Gary C. Ritter and Holley Ritter, located at the southeast corner of West Mullan Avenue and Commercial Street, otherwise known as 100 Commercial Street. Resolution adopted and upon approval by Mayor assigned No. 2016-901. 13. Resolution approving the request from Main Street Waterloo to host their annual Winter Wonder'Loo celebration on Saturday, November 26, 2016 from 4:00 P.M. to 7:00 P.M. in Downtown Waterloo at Newton's Park and at the Black's Building, and request that Sycamore Street from Park Ave to E. 4th Street be closed to traffic to accommodate the event. Resolution adopted and upon approval by Mayor assigned No. 2016-902. 14. Resolution approving cancellation of special assessments for properties listed on Exhibit A, and authorize City Clerk to notify Black Hawk County Treasurer of said cancellations. Resolution adopted and upon approval by Mayor assigned No. 2016-903. b. Motion to approve the following: 1. a. 2. a. b. c. Travel Requests Name & Title of Personnel Class/Meeting Destination Date(s) Amount not to Exceed Michelle Weidner, CFO 21st Annual Governmental GAAP Update Webinar — in office 12/1/2016 $180.00 Approved Beer, Liquor, and Wine Applications Name & Address of Business Class New or Renewal Expiration Date Includes Sunday Three Amigos Family Restaurant, 2820 Falls Avenue C Liquor Renewal 08/24/2017 X Hurricane Grill and Wings, 2027 Crossroads Blvd. C Liquor w/ Outdoor Service Renewal 09/30/2017 X Kings & Queens, 304 W. 4th Street C Liquor New 11/15/2017 3. Mayor Hart's recommendation of the following appointments: Appointee Board/Commission Expiration Date New or Re - Appointment Jim Petersen Memorial Hall Commission 12/31/2018 New Tom Powers Complete Streets Advisory Committee None New Page 9 of 130 November 14, 2016 Page 4 Roll call vote -Ayes: Seven. Motion carried. Mayor Hart welcomed LeAnn Even as the new Deputy City Clerk. Mayor Hart welcomed Scott Buchanan as Maintenance Electrician in the Traffic Department. PUBLIC HEARINGS 146751 - Schmitt/Welper that proof of publication of notice of public hearing on Martin Road Development Plan Amendment No. 4 Removal Area, to remove properties from the TIF area, as published in the Waterloo Courier on November 1, 2016, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. This being the time and place of public hearing, the Mayor called for written and oral objections and there were none. 146752 - Schmitt/Welper that the hearing be closed and oral and written comments be received and recommendation of approval of the Planning, Programming and Zoning Commission and placed on file. Voice vote - Ayes: Seven. Motion carried. 146753 - Schmitt/Lind that "Resolution affirming previous determination of an area of the City to be an economic development area, determining that the development or redevelopment of said area is necessary in the interest of the public health, safety or welfare, designating said area as appropriate for an urban renewal project, and approving the plan amendment", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Mr. Schmitt requested an overview. Noel Anderson, Community Planning and Development Director, explained that a timeline exists for utilizing TIF for development and the recommendation is to release the vacant land and add it back in to continue development. Mr. Schmitt requested an example of the area in question. Noel Anderson explained this is the vacant land near the old greyhound park and Mauer Eye Clinic of Ridgeway Avenue. Mr. Jacobs questioned if the land has infrastructure in place. Noel Anderson explained that all of the infrastructure is not currently in place but will have more built in 12-18 months. He further explained that the 2008 flood and recession has slowed momentum in the area but progress is coming back. Resolution adopted and upon approval by Mayor assigned No. 2016-904. 146754 - Schmitt/Lind that "an Ordinance providing that general property taxes levied and collected each year on all property located within the newly described Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project", be received, placed on file, considered and passed for the first time. Roll call vote -Ayes: Seven. Motion carried. 146755 - Schmitt/Lid that rules requiring ordinances to be considered and voted for passage at two prior meetings be suspended. Roll call vote -Ayes: Seven. Motion carried. Page 10 of 130 November 14, 2016 Page 5 146756 - Schmitt/Lind that "an Ordinance providing that general property taxes levied and collected each year on all property located within the newly described Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project", be considered and passed for the second and third times and adopted. Roll call vote -Ayes: Seven. Motion carried. Ordinance adopted and upon approval by Mayor assigned No. 5373. 146757 - Morrissey/Amos that proof of publication of notice of public hearing on Martin Road Development Plan Amendment No. 5 Expansion Area, to expand the boundaries of the TIF area, as published in the Waterloo Courier on November 1, 2016, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. Marsha Burton, 1510 Lyon, questioned if the TIF area could go where Advanced Systems is located. Mayor Hart commented that this item would not have anything to do with Advanced Systems and conversation should remain focused on the item at hand. Randy Herod, 111 Highland Boulevard, believes that an opportunity exists to identify a portion of the funds tied up in the TIF to use the funds on installing surveillance cameras to help stop crime. Steve Murphy, 124 Terrace Drive, asked council to release a portion of the TIF funds to help bring relief to tax payers and that the funds should be used towards public safety. David Dryer, 3145 W. 4th Street, spoke in favor of releasing a portion of the TIF district and putting the funds toward purchasing cameras to help public safety. This being the time and place of public hearing, the Mayor called for written and oral objections and there were none. 146758 - Morrissey/Amos that the hearing be closed and oral and written comments and recommendation of approval of the Planning, Programming and Zoning Commission be received and placed on file. Voice vote -Ayes: Seven. Motion carried. 146759 - Morrissey/Amos that "Resolution affirming previous determination of an area of the City to be an economic development area, determining that the development or redevelopment of said area is necessary in the interest of the public health, safety or welfare, designating said area as appropriate for an urban renewal project, and approving the plan amendment", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-905. 146760 - Morrissey/Amos that "an Ordinance providing that general property taxes levied and collected each year on all property located within the newly expanded Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project", be received, placed on file, considered and passed for the first time. Roll call vote -Ayes: Six. Nays: One (Lind). Motion carried. Page 11 of 130 November 14, 2016 Page 6 Mr. Lind commented that he would like to propose an amendment to the ordinance language. 146761 - Lind/Schmitt that "an ordinance providing that fifty percent of general property taxes levied and collected each year on all property located within the newly expanded Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project" Roll call vote: Ayes: Three. Nays: Four (Welper, Amos, Powers, and Morrissey). Motion Failed. Michelle Weidner, Chief Financial Officer, explained the TIF actions on the agenda and the impact of Mr. Lind's motion on the TIF district. She cautioned council on using funds for long-term growth and gain for spending it today and not have the money to pay for future projects. Mayor Hart questioned what will happen to the district in 2019. Michelle Weidner explained that in 2019 the Martin Road District will release 4.6 million to taxing entities and explained that a small slice will be released to use to spend on cameras but the majority of the 50 percent will go to schools and county. Jim Chapman, 224 Bertch, questioned the total amount of money currently in the TIF. Mayor Hart explained that, after conversation about the amendment, council would take questions on the ordinance as a whole. Mr. Lind commented that he would like the council to try something different. Forrest Dillavou, 1725 Huntington Rd., approached the podium to speak. Mayor Hart stated that a hearing was held earlier with opportunities to speak and he would not allow him to speak at this particular time. Mr. Lind clarified that the only thing that can be amended with this motion is the amount being levied. Michelle Weidner confirmed. Forrest Dillavou, 1725 Huntington Rd., expressed his belief that TIFs do not necessarily expire since they can be transformed into other things. 146762 - Morrissey/Welper that rules requiring ordinances to be considered and voted for passage at two prior meetings be suspended. Roll call vote -Ayes: Four. Nays: Three (Jacobs, Schmitt, and Welper). Motion failed. 146763 - Morrissey/Amos to recess for up to five minutes. Voice vote -Ayes: Seven. Motion carried. Council recessed at 6:25 p.m. 146764 - Morrissey/Amos to reconvene at 6:30p.m. 146765 - Lind/Schmitt that proof of publication of notice of public hearing on request to sell and convey the former vacated alley portion within the former Bowl -In block in the amount of $1.00 to Hawkeye Community College, along with a Development Agreement, as published in the Waterloo Courier on November 8, 2016, be received and placed on file. Voice vote -Ayes: Seven. Motion carried. Page 12 of 130 November 14, 2016 Page 7 This being the time and place of public hearing, the Mayor called for written and oral objections and there were none. 146766 - Lind/Schmitt that the hearing be closed. Voice vote -Ayes: Seven. Motion carried. 146767 - Lind/Schmitt that "Resolution authorizing sale and conveyance of the vacated alley within the former Bowl -In block, generally located in the block bounded by Mullan Avenue, Jefferson Street, West 1st Street, and Highway 218, to Hawkeye Community College, in the amount of $1.00, and approving a development agreement with Hawkeye Community College", be adopted. Roll -call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-906. RESOLUTIONS 146768 - Schmitt/Morrissey that "Resolution approving Professional Services Agreement with Pro -West and Associates, Inc. of Walker, MN, in an amount not to exceed $24,590 to provide a GIS (Geographic Information Systems) needs assessment and implementation plan", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-907. 146769 - Schmitt/Morrissey that "Resolution approving installation of a 25 MPH speed hump in the 800 block of Idaho Street", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-908. 146770 - Schmitt/Morrissey that "Resolution approving REAP Grant Agreement #17 -R4 -EB, Waterloo Boathouse Enhancements with the Iowa Dept. of Natural Resources for a state grant of $200,000 to be used for improvements to the Waterloo Boathouse", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Schmitt requested an overview of the item. Paul Huting, Leisure Services Director, explained how the grant funds will be used. Mr. Schmitt questioned if docks will be part of the project. Paul Huting explained that the improvements would primarily be used for renting the facility. Mr. Morrissey questioned what would happen if a flood would hit the area again. Paul Huting explained that the improvements would be designed to be tolerant to floods. Mayor Hart questioned what the challenges are for the area. Paul Huting explained that the parking lot is very muddy and that the boat launch is paved but full of potholes. The grant would help to repave the facilities and connect to the bike trail. It would be most conducive to people wanting to hold a wedding or party at the site. Resolution adopted and upon approval by Mayor assigned No. 2016-909. Page 13 of 130 November 14, 2016 Page 8 146771 - Jacobs/Morrissey that "Resolution approving award of bid to Don's Truck Sales Inc, of Fairbank Iowa, for the purchase of one (1) Ford F450 truck with Pup Garbage Compactor in the amount of $81,043.25", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-910. 146772 - Jacobs/Morrissey that "Resolution authorizing an exception to the City of Waterloo purchasing procedures to approve the purchase of one (1) John Deere 544K wheel loader from Murphy Tractor, Waterloo, Iowa in the amount of $113,900", be adopted. Roll call vote -Ayes: seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-911. 146773 - Jacobs/Morrissey that "Resolution approving the Preliminary and Final Plat of a Minor Plat of Survey of Parcel "V" of Lot 63 of Summerland Park First Addition", be adopted. Roll call vote -Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-912. 146774 - Lind/Morrissey that "Resolution approving a variance to the requirements of the Subdivision Ordinance, Section 11- 3-2 Preliminary Plats and Section 11-3-3 Final Plats, relating to the approval of the Minor Plat of Survey of Parcel "V" of Lot 63 of Summerland Park First Addition", be adopted. Roll call vote - Ayes: Seven. Motion carried. Resolution adopted and upon approval by Mayor assigned No. 2016-913. 146775 - Lind/Morrissey that "Resolution terminating an existing lease with Robby Wagner approved on March 3, 2008, by Resolution No. 2008-168 and approving the request by Kristen Johnston to lease 8 acres of city owned land along Bishop Avenue just south of the Blowers Creek drainage way for 1 year with option to renew for 1 year", be adopted. Roll call vote -Ayes: Seven. Motion carried. Mr. Schmitt requested an overview of the item. Noel Anderson explained the agreement. Mr. Amos commented that he has complaints that horses have gotten out at the property and nobody was able to contact the owner and police had to help round up the horses. Noel Anderson commented that his office or Animal Control could be contacted. Mayor Hart commented that their contact information should be provided to planning and posted on the fence. Resolution adopted and upon approval by Mayor assigned No. 2016-914. OTHER COUNCIL BUSINESS 146776 - Morrissey/Amos that "Motion to approve Change Order #3 in the amount of $2,800.00 to Lodge Construction of Clarksville, Iowa, in conjunction with the Sherwood Recreation Area, Phase 2 Improvements ", be adopted. Voice vote -Ayes: Seven. Motion carried. ADJOURNMENT 146777 - Welper/Schmitt Page 14 of 130 November 14, 2016 Page 9 that the Council adjourn at 6:43 p.m. Voice vote -Ayes: Seven. Motion carried. Kelley Felchle City Clerk Page 15 of 130 CITY OF WATERLOO Council Communication Request from Joe Selesky for a waiver for a concrete driveway located at 2100 Touchae Street with the elimination of the sidewalk section due to the inability to meet grade requirements. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Reviewer Action Date Engineering Thorson, Eric Approved 11/16/2016 - 11:09 AM Clerk Office Higby, Nancy Approved 11/16/2016 - 11:32 AM ATTACHMENTS: Description Type ❑ DW Waiver 2100 Touchae St. Cover Memo SUBJECT: Request from Joe Selesky for a waiver for a concrete driveway located at 2100 Touchae Street with the elimination of the sidewalk section due to the inability to meet grade requirements. Submitted by: Submitted By: Eric Thorson, PE, City Engineer Recommended Action: Recommended for approval by the City Engineer. Summary Statement: Background Information: Attached is a request for construction of a concrete driveway with the elimination of the sidewalk section due to the inability to meet requirements of the driveway and sidewalk specifications, Section 18, to be located at 2100 Touchae Street. I have reviewed this request and recommend its approval subject to the following provisions: 1. Work to be performed by an approved and bonded contractor. 2. A permit is to be obtained from the office of the City Engineer prior to construction. 3. All work shall be performed under the supervision of the City Engineer at no cost to the City of Waterloo. $7.00 cash for the purpose of recording this waiver and a copy of the legal description have been provided to the City Clerk's office. This is a waiver of the City's Standard Specifications for Driveway Construction. It requires Council approval so that it can be recorded to the property, so that the waiver requirements run with the property ownership. Page 16 of 130 Legal Descriptions: BALTIMORE HEIGHTS LOT 24 Page 17 of 130 WAIVER Date: Honorable 'Mayor and City Council City Hall Waterloo, IA 50703 Council Persons: ds Jfr3- - I hereby request a waiver to the driveway and sidewalk specifications for the construction of a driveway or sidewalk located at oncrete or asphalt) V—(00 T;L.,4`c_L(ft e_ (Address) This waiver is needed because of: special surface texture to be used on the concrete approach (Le., exposed aggregate, brick stamped pattern, paving brick). r elimination of the sidewalk section due to the inability to meet the grade requirements. elimination of the sidewalk section for asphalt driveways. placement of a driveway or sidewalk on City right-of-way on an unimproved street. Other: 1 agree to the following: 1. To remove and replace this driveway to an official elevation at no additional expense to the City of Waterloo at such time that sidewalk is constructed. 2. To remove and replace the private driveway, as needed, to an official elevation at no additional expense to the City of Waterloo at such time that curb and gutter is constructed. 3. To pay for any additional expenses for the replacement of any such textured driveway or sidewalk that has been removed for any City of Waterloo project. 4. To employ a bonded contractor who shall obtain a permit from the office of the City Engineer. 5. To have the driveway constructed according to the specifications and policies of the City Engineer and under his supervision. 6. This waiver is for this property only. Attached herewith is a payment in the amount of seven dollars ($7.00) for the purpose of recording this agreement. Respectfully submitted, C ELESR y Printed Name of Property Owner gnature of Property Oyy(ier Page 18 of 130 CITY OF WATERLOO Council Communication Request from Steve Keys for a waiver for a concrete driveway to be located at 2086 Howard Avenue and authorizing the construction of a concrete driveway and placing a driveway or sidewalk on City right of way on an unimproved street. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Reviewer Action Date Engineering Thorson, Eric Approved 11/16/2016 - 11:10 AM Clerk Office Higby, Nancy Approved 11/16/2016 - 11:31 AM ATTACHMENTS: Description Type a DW Waiver 2086 Howard Ave Cover Memo SUBJECT: Request from Steve Keys for a waiver for a concrete driveway to be located at 2086 Howard Avenue and authorizing the construction of a concrete driveway and placing a driveway or sidewalk on City right of way on an unimproved street. Submitted by: Submitted By: Eric Thorson, PE, City Engineer Recommended Action: Recommended for approval by the City Engineer. Summary Statement: This waiver is needed because of placing a driveway or sidewalk on City right of way on an unimproved street. I have reviewed this request and recommend its approval subject to the following provisions: 1. Work to be performed by an approved and bonded contractor. 2. A permit is to be obtained from the office of the City Engineer prior to construction. 3. All work shall be performed under the supervision of the City Engineer and at no cost to the City of Waterloo. $7.00 cash for the purpose of recording this waiver and a copy of the legal description have been provided to the City Clerk's office. Legal Descriptions: GARDEN PLACE E 67.5 FT OF LOT 25 Page 19 of 130 Date: Honorable Mayor and City Council City Hall Waterloo, IA 50703 WAIVER Council Persons: I hereby request a waiver to the driveway and sidewalk specifications for the construction of a driveway or sidewalk located at (concrete br asphalt) zro6 Pctoc, 4-J A vL (Address) This waiver is needed because of: special surface texture to be used on the concrete approach (i.e., exposed aggregate, brick stamped pattern, paving brick). elimination of the sidewalk section due to the inability to meet the grade requirements. elimination of the sidewalk section for asphalt driveways. placement of a driveway or sidewalk on City right-of-way on an unimproved street. Other: I agree to the following: 1. To remove and replace this driveway to an official elevation at no additional expense to the City of Waterloo at such time that sidewalk is constructed. 2. To remove and replace the private driveway, as needed, to an official elevation at no additional expense to the City of Waterloo at such time that curb and gutter is constructed. 3. To pay for any additional expenses for the replacement of any such textured driveway or sidewalk that has been removed for any City of Waterloo project. 4. To employ a bonded contractor who shall obtain a permit from the office of the City Engineer. 5. To have the driveway constructed accordingto the specifications and policies of the City Engineer and under his supervision. 6. This waiver is for this property only. Attached herewith is a payment in the amount of seven dollars ($7.00 for the purpose of recording this agreement. Respectfully submitted, 3 Printed Name of Property Owner SiWier n. ,tee of Prop er Page 20 of 130 CITY OF WATERLOO Council Communication Resolution setting the date of public hearing as December 5, 2016 to approve preliminary plans, specifications, form of contract, etc. and setting the date of bid opening as Thursday, December 1, 2016 for asbestos abatement services at 820 Newell Street, 915 Newell Street, 3126 Franklin Street, 71 Franklin Street, 929 Linden Avenue, 426 Cherry Street, 310 Oak Street, 847 Dawson Street, 414 Thompson Street, and instruct City Clerk to publish notice. City Council Meeting: 11/21/2016 Prepared: 11/16/2015 REVIEWERS: Department Planning & Zoning Clerk Office SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Reviewer Schroeder, Aric Higby, Nancy Action Approved Approved Date 11/16/2016 - 11:37 AM 11/16/2016 - 11:42 AM Resolution setting the date of public hearing as December 5, 2016 to approve preliminary plans, specifications, form of contract, etc. and setting the date of bid opening as Thursday, December 1, 2016 for asbestos abatement services at 820 Newell Street, 915 Newell Street, 3126 Franklin Street, 71 Franklin Street, 929 Linden Avenue, 426 Cherry Street, 310 Oak Street, 847 Dawson Street 414 Thompson Street and instruct City Clerk to publish notice. Submitted By: Noel Anderson -Community Planning and Development Director Approval The properties listed above were acquired through Iowa Code 657A Unknown Nuisance Nuisance Abatement Page 21 of 130 CITY OF WATERLOO Council Communication Bonds City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Reviewer Action Engineering Higby, Nancy Approved ATTACHMENTS: Description Type © Bonds for approval 11.21.16 Cover Memo SUBJECT: Bonds Date 11/16/2016 - 11:13 AM Page 22 of 130 BONDS FOR COUNCIL APPROVAL November 21, 2016 RIGHT OF WAY CONSTRUCTION BOND (EXPIRES 4/30/2017) AMOUNT $5,000.00 354035902 HYDRITE CHEMICAL COMPANY BROOKFIELD, WI Page 23 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Crossroads Waterloo Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description o City Cumulative Dec 2016 Crossroads o State Certification Dec 2016 Crossroads SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Legal Descriptions: Action Approved Approved Type Cover Memo Cover Memo Date 11/16/2016 - 10:25 AM 11/16/2016- 11:33AM Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Crossroads Waterloo Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. This TIF District has no expenses to certify. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. This TIF District has not expenses to certify. See Attached Page 24 of 130 Exhibit "A" June 30, 2016 Project Designation: Crossroads Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) NO. DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTNESS Cumulative Amount AMOUNT INCURRED Crossing Point 50% 2016 50% 2017* 50% 2018* 50% 2019* 50% 2020* 50% 2021* 50% 2022* 50% 2023* 50% 2024* 50% 2025* Advance $51,230.00 $103,004.00 $106,592.00 $106,59200 $106 592 00 $106,592.00. $106,592.00 $106,592'.00 $106,592;00 $106,592.00 Rebate $51,230.00 $154,234.00 $260,826.00 $367,418.00 $474,010.00 $580,602.00 $687,194.00 $793,786.00 $900,378.00 $1,006,970.00 Fairfield Inn 50% 2017* 50% 2018* 50% 2019* 50% 2020* 50% 2021* 50% 2022* 50% 2023* 50% 2024* Avance .. $36,440.00 $40,028..00 $40,028.00 $40,028.00 $40,028.00 $40,028.00 $40,028.00 $40,028:00 Rebate $1,043,410.00 $1,083,438.00 $1,123,466.00 $1,163,494.00 $1,203,522.00 $1,243,550.00 $1,283,578.00 $1,323,606.00 Dupaco 50% 2019* 50% 2020* 50% 2021* Advance $13,706.00 $13,706`:00 $13,706.00 $0.00 Rebate $1,337,312.00 $1,351,018.00 $1,364,724.00 $1,364,724.00 $1,364,724.00 $1,364,724.00 Page 25 of 130 Exhibit "B° June 30, 2016 Project Designation: CrossroadsTax Increment Redevelopment Area Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19[2) No. Year Received Received from Other Revenue Cumulative Amount 1 FY2017 $329,378.00 $0.00 $329,378.00 2 FY2018 * $102,000.00 $0.00 $431,378.00 3 FY2019 $0.00 $0.00 $431,378.00 4 FY2020 $0.00 $0.00 $431,378.00 5 FY2021 $0.00 $0.00 $431,378.00 6 FY2022 $0.00 $0.00 $431,378.00 7 FY2023 $0.00 $0.00 $431,378.00 8 FY2024 $0.00 $0.00 $431,378.00 9 FY2025 $0.00 $0.00 $431,378.00 10 FY2026 $0.00 $0.00 $431,378.00 11 FY2027 $0.00 $0.00 $431,378.00 12 FY2028 $0.00 $0.00 $431,378.00 * - Estimated Page 26 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Crossroads Urban Renewal Urban Renewal Area Number: 07305 (Use five -digit Area Number Assigned by the County Auditor) hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 612,262 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1, (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional Information: Please note that reductions of $42,964 were made to Form 3 that did not carry to this page. Net outstanding debt as of June 30, 2016 should be $1,364,724. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 27 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TW INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Crossroads Urban Renewal Page 1 Urban Renewal Area Number: 07305 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Dupaco Rebates 3 years at 50% over $276,000 base value Q'X' this box if a rebate agreement. List administrative details on lines above. 2. Crossing Point, LLC 3. 4. 5. Rebates 10 years at 50% over $2,100,000 base value Increase in anticipated rebates due to additonal construction. Q'X' this box if a rebate agreement. List administrative details on lines above. E'X' this box if a rebate agreement. List administrative details on lines above. EJ'X' this box if a rebate agreement. List administrative details on lines above. O'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Date Approved*: 10/26/2016 Total Amount: 41,118 9/16/2013 471,144 Total For City TIF Form 1.1 Page 1: 512,262 * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 28 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Crossroads Urban Renewal Urban Renewal Area Number: 07305 (Use five -digit Area Number Assigned by the County Auditor) hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Shri Ganapati & Bajrangbalie, Inc. d/b/a Fairfield Inn - estimated rebate adjustment Amount Reduced: 42,964 Total Reduction In Indebtedness For This Urban Renewal Area: 42,964 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 29 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Downtown Waterloo Urban Renewal and Redevelopment Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description CI City Cumulative Dec 2016 Downtown a State Certification Dec 2016 Downtown SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Action Approved Approved Type Cover Memo Cover Memo Date 11/16/2016 - 10:26 AM 11/16/2016 - 11:33 AM Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Downtown Waterloo Urban Renewal and Redevelopment Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 30 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 _ Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) NO DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTEDNESS CUMULATIVE AMOUNT AMOUNT INCURRED 147 W. Park Ave. Paving Contract $273,409.61. Advance $273,409.61 91 Bridge Canopy Contract $573,433.57 Advance $846,843.18 152 Fourth Street Paving Contract $323,983.56 Advance $1,170,826.74 28 Bridge Lighting Contract $14,396.40 Advance $1,185,223.14 Phase I Study Contract $15,000.00 Advance $1200,223.14 Phase 11 Study Contract $152,553.00 Advance $1,352,776.14 613 Water Acquisition Contract $72,500.00 Advance $1,425,276.14 UDAG #1 7/17/80 Principal $1,001,627.00 G.O. Bonds $2,426,903.14 Interest $428,749.00 G,O. Bonds $2,855,652,14 Phase III Study 12/20/80 Contract $111,000.00 Advance $2,966,652,14 UDAG #27/6/81 Principal $774,990.00 G.O. Bonds $3,741,642.14 Interest $422,256.23 G.O. Bonds $4,163,898.37 West Side Parking Ramp 7/15/82 Principal $4,725,000.00 G.O. Bonds $8,888,898.37 Interest $4,779,262.50 G.O. Bonds $13,668,160.87 East Side Parking Ramp 8/1/83 Principal $1,500,000.00 G.O. Bonds $15,168,160.87 Interest $1,073,981,25 G.O. Bonds $16,242,142.12 East Side Parking Facility 8/1/84 Principal $350,000.00 G.O. Bonds $16,592,142.12 Interest $325,777.00 G.O. Bonds $16,917,919.12 Conway Plaza Skywalk 8/1/84 Principal $100,000.00 GO. Bonds $17,017,919.12 Interest $93,079,00 G.O. Bonds $17,110,998.12 East Fifth St. Parking Ramp 5/85 Principal $5%000.00 G.O. Bonds $17,160,998.12 Interest $46,539.50 G.O. Bonds $17,207,537.62 Tax Redeemed Properties 5/85 Contract $5,004A9 Advance $17,212,542.11 Skywalk Feasibility Study 8/85 Contract $25,000.00 Advance $17,237,542.11 317 E. 4th Longfellow Property 12/85 Contract $12,000.00 Advance $17,249,542.11 East Fifth Parking Ramp 5/86 Principal $50,000.00 G.O. Bonds $17,299,542.11 Interest $37,051.09 G.O. Bonds $17,336,593.20 Ellis Hotel Demolition 8/86 Contract $15,000,00 Advance $17,351,593.20 Ellis Hotel Demolition 8/86 Contract $27,500.00 WIDA Advance $17,379,093.20 Paving 6/87400 Blk E. 4th St. 500 Blk Lafayette Principal $360,000.00 G.O. Bonds $17,739,093.20 Interest $233,134.09 G.O. Bonds $17,972,227.29 East Fifth Parking Ramp 6/87 Principal $100,000.00 G.O. Bonds $18,072,227,29 Interest $64,759.47 G.O. Bonds $18,136,986.76 Conway Plaza Phase I Skywalk Refinancing 6/87 Principal $100,000.00 G.O. Bonds $18,236,986.76 Interest $64,759.47 G.O. Bonds $18,301,746.23 4th St. Bridge Covered Walkway 6/88 Contract $127,000.00 Advance $18,428,746,23 Conway Plaza Skywalk 7/88 & 7/89 Loan $132625.00 Advance $18,561,371.23 Park Avenue Parking Ramp Expansion Principal $2,00%000.00 G.O. Bonds $20,561,371.23 Interest $1,092,565.97 G.O. Bonds $21,653,937.20 Property acquisition for Waterloo Industries 5/98 Principal $37,055.17 1996 GO Bonds $21,690,992.37 Interest $19,020.08 1996 GO Bonds $21,710,012.45 Acquisition 5/98 Principal $37,944.83 1997 GO Bonds $21,747,957.28 Interest $18,369.06 1997 GO Bonds $21,766,326.34 Interest on Advance FY 98-00 TIF $68,160.00 Interest $21,834,486.34 Acquisition Sr Demo FY 98-00 TIF $116,002.25 Contracts $21,950A88.59 Acquisitions & Demo FY 98-00 Financing Principal $647,654.75 1999 GO Bonds $22,598,143.34 Interest $421,307.99 1999 GO Bonds $23,019,451.33 Acquisitions Sr Demo FY 00 Financing Principal $80,602.57 2000 GO Bonds $23,100,053.90 Interest $42,108.59 2000 GO Bonds $23,142,162.49 Parking Ramp Reconstruction FY 99-00 Financing Principal $150,000.00 1998 GO Bonds $23,292162.49 Interest $69,826.77 1998 GO Bonds $23,361,989.26 Johnson Rebate # 1 & 2 5yrs ®100%, Syrs ®100% Principal TIP Rebate 2000 $20,934.30 $23,382,923.56 2001 $21,381.91 $23,404,305,47 2002 $34,795.88 $23,439,101.35 2003 $35,043.46 $23,474,144.81 2004 $37,174.38 $23,511,319.19 2005 $21,086.46 $23,532,405.65 Page 1 of 8 Page 31 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 2006 $22,056.54 $23,554,462.19 2007 $13,472.74 $23 567 934.93 2008 $13,871.48 $23,581,806.41 2009 $17,815.56 $23,599,621.9 GSW Rebate 5 yrs. @ 100% Principal TIF Rebate 2001 $9,747.24 $23,609,369.21 2002 $10,982.28 $23,620,351.49 2003 $10,780.80 $23,631,132.29 2004 $11,732.94 $23,642,865.23 2005 $7,037.40 $23,649,902,63 Flollen Rebate 5 yrs. @ 100% Principal TIF Rebate 2001 $2,388.33 $23,652,290.96 2002 $2,954.68 $23,655,245.69 2003 $2,960.08 $23,658,205.72 2004 $3,156.64 $23,661,362,36 2005 $3,881.06 $23,665,243.42 Ritter Rebate 10 yrs @ 100% or until $20,9.10 is pd Principal TIF Rebate 2001 $2,660.86 $23,667,904.28 2002 $2,837.28 $23,670,741.56 2903 $2,873.50 $23,673,615.06 2004 $3,031.20 53,527,38 53,647.56 $23,676,646.26 2005 $23,680,173.64 2006 $23,683,821.20 2007 $2,089.29 $23,685,910.49 2008 5230.93 $23,686,141.42 Lown Rebate #1 5 yrs @ 100% Principal TIF Rebate 2001 $1,417.98 $23,687,559.40 2002 $1,694.74 $23,689,254.14 2003 $722.85 $23,689,976.99 2004 $1,005.92 $23690,98._2,91 2005 $2,982.84 523,693,965.75 Lown Rebate #2 5 yrs @ 100% Principal TIF Rebate 2001 $495.42 523,694,461.17 2002 $565.50 $23,695,026.67 2003 $540.89 523,695,567.56 2904 $604.16 $23,696,171.72 2005 $946.84 $23,697,118.56 Roberts Rebate 5 yrs @ 100% Principal TIF Rebate 2002? $0 $23,697,118.56 2003? $23,697,118.56 2004? $23,697,118.56 2005? $23,697,118.56 2006? $23,697,118.56 Marsh Place Rebate 10 yrs Principal TIF Rebate 85% 2003 $11,693.83 $23,708,812.39 85% 2004 $12,668.38 $23,721,480.77 85% 2005 $8,193.78 $23,729,674.55 85% 2006 $6,771.88 $23,736,446.43 85% 2007 $6,777.58 $23,743,224.01 85% 2008 $6,855.68 $23,750,079.69 85% 2009 $6,743.00 $5,886.00 $4,716.00 $23,756,822.69 75% 2010 $23,762,708.69 60% 2011 $23,767,424.69 45% 2012 $3,504.00 $23,770,928.69 Garthoff Rebate 5 yrs ®100% Principal TIF Rebate 2003 $0 523,770,928.69 2004 $23,770,928.69 2005 523,770,928.69 2006 $23,770,928.69 2007 $23,770,928.69 Ament Rebate 5 yrs @ 100% Principal TIF Rebate 2002 $1,601.89 $23,772,530.58 2003 51,585.43 $23,774,116 01 2004 $1,711.38 $23,775,827.39 2005 $2,332,32 $23,778,159.71 2006 $2,424,79 $23,780,584.50 MIK Rebate 5 yrs @ 100% Principal TIF Rebate Page 2 of 8 Page 32 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 2002 $6,516.00 $23,787,100.50 2003 $6,278.34 $23,793,378.84, 2004 $6,684.60 $23,800,063A4 2005 $8,239.50 $23,808,30294 2006 $8,540.82 $23,816,843.76 Micou Rebate Principal TIF Rebate $23,816,843.76 100% 2006 $59515 $23,817,438.91 100% 2007 $2,135.84 $23,819,574.75 100% 2008 $2174,48 523,821,749.23 100% 2009 $2,550.41 $23,824,299.64 100% 7010 $2,528.00 523,826,827.64 Cedar Skyline Rebate TIF Rebate 523,826,827.64 Gilmor & Doyle 100.,4° 2001-2006 Principal 535,701.16 $23,862,528.80 Gilmer &Doyle 100%" 2007 Principal $14,041.39 $23,876,570.19 Gilmer &Doyle 2000 Principal 516,127.59 $23,892,697.78 Landau Rebate 10 yrs @ 100% Principal TIP Rebate 2003 $13,646.60 523,906,344.38 2004 $14,427.14 523,920,771.52 2005 $17,025.24 $23,937,796.76 2006 517,615.74 $23,955,412.50 2007 520,435.62 $23,975,848.12 2008 520,610.38 523,996,458,50 2009 $22,243.62 524,018,702.12 2010 521,986.00 524,040,688.12 7011 522,016.00 $24 062 704.12 2017 521,812.00 524,084,516.12 Orr Haifa Rebate 7 yrs ®100% Principal. TIF Rebate OSA) 57,824.63 $24,092,340.75 2009 $8,612.00 524,100,952.75 2010 58,516.00 524,109,468.75 2011 $8L528.00 $8,450.00 $24,117,996.75 2012 524,126,446.75 2013 514,1.56.00 $24,140,602.75 2014 513,226.00 524,153,828.75 life Rebate 8 yrs 4t 100% Principal TIF Rebate II 2006 $6,808.06 $24,160,636.81 2009 56,292.00 $24,166,928.81 2010 $6,200.00 524,173;128.81 2011 $6,210.00 524,179,338.81 2012 $6,152,00 524,185,490.81 2013 58,332,00 524,193,822.81 2014 $7,784.00 $24,201,606.81 2015 55,974.00 $24,207,580.81 Courier Rebate 10 yrs 81100% Principal TIF Rebate 2008 56,740.10 $24,214,320.91 2009 59,584.16 524,223,905.07 2010 59,446.00 $24,233,351.07 2011 $9,460.00 524,242,811.07 2012 59,372.00 $24,252,183.07 2013 513,090.00 524,265,273.07 2014 56,114.00 524,271,387.07 2015 $000 $24 271 387.07 2016 $0.00 $24,271,387.07 2017' 58,572.00 524,279,959.07 NCN Ltd.Rebate 7 yrs @ 100% Principal TIF Rebate 2008 $4,556.93 524,284,516.00 2009 $27,069.77 529 311 585.77 2010 532,256.00 $24,343,841.77 2011 533,154.00 $24,376,995.77 2012 539,058.00 $24416,053.77 2013 540,999.00 $24,457,052.77 2014 540,106.00 524,497,158.77 2015 531,078.00 $8,416.00 $24,528,236.77 2016 $24,536,652.77 2017' 5900.00 $24,537,552.77 2018' 5008.00 $24,538,360.77 Hellen II Rebate 5 yrs. @ 100% Principal TIF Rebate 2007 $1,793.46 524,540,154.23 2008 $1,855.44 52,470,00 524,542,009.67 Sold to ISA 2009 $24,544,479.67 2010 52,456.00 $24,546,935.67 Page 3 of 8 Page 33 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 2011 $2,460.00 $24,549,395.67 CN Bank-3rd Floor 10 yrs. 8 100% Principal TIF Rebate 2009 $16,126.00 $24,565,521.6 2010 $16,062.00 $24,581,583.6 2011 $16,084.00 $24,597,667.6 2012 $15,934.00 $24,613,601.6 2013 $15,922.00 $24,629,523.67 2014 $14,876.00 $24,644,399.6 2015 $6,012.00 $24,650,411.6 2016 $1,788.00 $24652 199.67 2017* $4,262.00 $24,656,461.67 2018• $4,262:00 $24,660,723.6 JSA Development 5yrs .@100% Principal TIF Rebate $24,660,723.67 2009 $6,146,00 $24,666,869.67, 2010 $6,088.00 $24,672,957.67 2011 $6,096.00 $24,679,053.67 2012 $6,040,00 $24,685,093.67 2013 $9,766,00 $24,694,859.67 JaclueRosic 5yrs. ®100% Principal TIF Rebate $24,694,859.67 2009 $4,149.00 $24,699,008.67 2010 $4,166.00 $24,703,174.67 2011 $4,172.00 $24,707,346.67 2012 $4,132.00 $24,711,478.67 2013 $7,120.00 $24,718,598.67 Dolly James, LLC 10yrs. *100% Principal TIF Rebate $24,718,598.67 Phase I 2015 $36,812.00 $24,755,410.67 2016 $36,982.00 $24,792,392.67 2017* $36,524.00 $24,828,916.67 2018• $36,524.00 $24,865,440.67 2019' $36,524.00 $24,901,964.67 2020* $36,524.00 $24,938,488.67 -- — — " 2021' $36,524..00 $24,975,012.67 2022* $36,524.00 $25,011,536.67 2023' '--- $36,524.00 $25,048,060.67 2024* $36,524.00 $25,084,584.67 DollyJames,LLC :'Principal" - .- : TIF Rebate. $25,084,584,67 Phase u 2016 = $36,982.00 $25,121,566,67 2017' 836,524,00 $25,158,090,67 2018' $36,524.00 825,194,614.67 2019 836 524.00 $25,231,138.67 2020' $36,524.00 $25,267,662.67 2021' $36,524.00 $25,304,186.67 2022' $36,524.00 $25,340,710.67 2023* $36,524.00 825,377,234.61 2024' $36,524.00 $25,413,758,67 2025* $36,524.00 $25,450,282.67 Dolly James, LLC Principal TIF Rebate .:'::::::' "$25,450,282:67 Phase IA 2016 $36,982.00 $25,487,264.67 2017• $36,524.00 $25,523,788.67 2018' $36,524.00 $25,560,312;67 2019' 836,524.00 $25,596,836.67 2020' $36,524.00 825,633,360.67 2021" $36,524.00 $25,669,884.67 2022" $36,524.00 $25,706.408.67 2023" $36,524.00 $25,742,932.67 2024' ::: c : ...:: <:; : ' . $36,524.00 $25,779,456.67 2025' ' :`:.r-' ':: $36,524.00 $25,815,980.67 Hotel President Principal - - - $25,815,980.67 2016` $28,458.00 $25,844,438.67 2019' $50,236.00 $25,894,674.67 2020* $41,586.00 $25,936,260.67 2021' $33,612.00 $25,969,872,67 2022* $21,054.00 $25,990,926,67 2023' $14,774.00 $26,005,700.67 2024* 89,850.00 $26,015,550.67 2025` $9,850.00 $26,025,400.67 2026* .00 $26,035,250.67 2027' $4,924.00 $26,040,174,67 I"•rschels Holdings, LLC l0yrs. ® 60% Principal TIF Rebate $26,040,174.67 2016 $1,070.00 $26,041,244.67 2017' $3,684.00 $26,044,928.67 2018• $3,684.00 $26,048,612.67 Page 4 of 8 Page 34 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 2079' $3,684.00 $26,052,296.67 2020• $3,684.00 $26,055,980.67 2021' $3,684.00 $26,059,664.67 2022• $3,684.00 $26,063,348.67 2023` $3,684.00 $26,067,032.67 2024` $3,684.00 $26,070,716.67 2025• $3,684.00 $26,074,400.67 jSA Development Multi Parcels 5 Principal TIF Rebate $261074,400.677 2016 $142,754.00 826,217,154.67 2017' 857806:00 $26274,960.67 2018* $57,806.00 $26,332,766.67 2019' $57,806.00 $26,390,572.67 2020 $57806.00 $26,448,378.67 2021' " $57,806.00 $26,506,184.67 Court Square l3ldgCo5yrs711100% Principal TIF Rebate $26,506,184.67 2015 $0.00 $26,506,184.67 2016 $0.00 $26,506,184.67 2017* $0.00 $26,506,184.67 2010' $0.00 $26,506,184.67 2019' $0.00 $26,506,184.67 HQAA-JSA,LLC Principal TIF Rebate $26,506,184.67 2015 $0.00 $26,506,184.67 2016 $27,943.00 $26,534,127.67 2017' $16,836.00 $26,550,963.67 2018' $16,836.00 $26,567,799.67 2019' $16,836.00 $26,584,635.67 2020' $16,836.00 $26,601,471.67 2021' $16,836.00 $26,618,307.67 2022• $16,836.00 $26,635,143.67 2023' $16,836,00 $26,651,979.67 2024• $16,836.00 826,668,815.67 Grand Crossing Principal TIF Rebate .. $26,668,815.67 2018' $46,366,00 $26,715,181.67 2019' $46,366:00 $26,761,547.67 2020' $46,366,00 $26,807,913.67 2021+ $46,366.00 $26,854,279.67 2022' $46,366.00 $26,900,645.67 2023• 846,366:00 $26,947,01t67 2024' $46,366.00 $26,993,377.67' 2025' $46,366.00 $27,039,743.67 2026' $46,366.00 $27,086,109.67 2027' $46,366.00 $27,132,475,67 2.028` $46,366.00 $27,178,841.67 2029' : :::. ': $46,366.00 827,225,207.67 2030' 846,366,00 $27,271,573.67 2031' 846,366.00 $27,317,939.67 2032' $46,366.00 $27,364,305.67 2033' 846,366.00 $27,410,671.67 .2034' " - ` $46,366.00 $27,457,037.67' 20.35' $46,366.00 $27,503,403.67 2036" $46,366.00 $27,549,769.67 2037' $46,366.00 $27,596,135.67 Downtown Redevelopment Principal $307,500.00 2001 GO Bonds $27,903,635.67 6/01 Interest $145,177.00 2001 GO Bonds $28,048,812.67 SSMID Taxes Principal $66,512,46 Contract $28,115,325.13 Downtown St. RISE Match Principal $150,000.00 2003 GO Bonds $28,265,325.13, Fund 413 Interest $32,912.00 2003 GO Bonds $28,298,237.13 US 63 Study Fund 411 Principal $50,000.00 2001 GO Bonds $28,348,237.13 Interest $23,446.50 2001 GO Bonds $28,371,683,63 Windows on Waterloo V Principal $11,002.00 2002 GO Bands $28,382,685.63 Fund 412 Interest $7,674.00 2002 GO Bonds $28,390,359.63 Downtown Redevelopment Principal $200,000.00 2003 GO Bonds $28,590,359.63 Fund 413 Interest $47,888.00 2003 GO Bonds $28,638,247,63 Downtown Redevelopment Principal $55,358.07 2003 GO Bonds $28,693,605.70 Fund 413 interest $14,490.00 2003 GO Bonds $28,708,095.70 Downtown Redevelopment Principal $78,114.59 2003 GO Bonds $28,786,210.29 Fund 413 Interest $18,707.00 2003 GO Bonds $28,804,917.29 Downtown Street Lighting Principal $40,000.00 2004 GO Bonds $28,844,917.29 Fund 414 Interest 813,450.00 2004 GO Bonds $28,858,367.29 Page 5 of 8 Page 35 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) Main Street 2004 Principal $30,000.00 Contract $28,888,367.29 SSMID 2003 Principal $56,641.16 Contract $28,945,008A5 SSMID2004 Principal $896.59 Contract $28,945,905.04 Main Street 2005 Principal $30,000.00 Contract $28,975,905.04 Downtown Acquisition Fund 414 (taxable) Principal $140,000.00 2004 GO Bonds $29,115,905.04 Interest $71,380.00 2004 GO Bonds $29,187,285.04 Vandewalle Contract Fund 414 Principal $60,000.00 2004 GO Bonds $29,247,285.04 Interest $23,225.36 2004 GO Bonds $29,27Q,510.40 Downtown Redevelopment Fund 414 Principal $215,000.00 2004 GO Bonds $29,485,510A0 Interest $80,212.62 2004 GO Bonds $29,565,723.02 Downtown Street Lighting Fund 414 Principal $10,000.00 2004 GO Bonds $29,575,723.02 Interest $3,965.36 2004 GO Bonds $29,579,688.38 Main Street 2006 Principal $30,000.00 Contract $29,609,688.38 Downtown Acquisition Fund 414 Principal $150,000.00 2004 GO Bonds $29,759,688.38 Interest $53,362.50 2004 GO Bonds $29,813,050.88 Downtown Acquisition Fund 415 Principal $850,000.00 2005 GO Bonds $30,663,050.88 Interest $282,397.50 2005 GO Bonds $30,945,448.38 Downtown Dev Fund 406 tax exempt Principal $100,000,00 2006 GO Bonds $31,045,448.38 Interest $40,915.00 2006 GO Bonds $31,086,363.38 WDC Properties I Acquisition Contract Principal $240,000,00 Advance $31,326,363.38 Interest $24,330,00 Advance $31,350,693.38 Downtown Dev, Fund 406 tax exempt Principal $500,000.00 2006 GO Bonds $31,850,693.38 Interest $194,662.60 2006 GO Bonds $32,045,355.98 Downtown Property Acq. Principal $546,079.28 Advance $32,591,435.26 Main Street 2007 Principal $30,000.00 Contract $32,621,435.26 Main Street 2008 Principal $30,000.00 Contract $32,651,435.26 Main Street 2009 Principal $30,000.00 Contract $32,681,435.26 Main Street 2010 Principal $40,000.00 Contract $32,721,435.26 Main Street 2011 Principal $40,000.00 Contract $32,761,43526 Main Street 2012 Principal $40,000.00 contract $32,801,435.26 Main Street 2013 Principal $40,000.00 contract $32,841,435.26 Main Street 2014 Principal $40,000.00 Contract $32,881,435.26 Main Street 2015 Principal $40,000.00 Contract $32,921,435.26 Main Street 2016 Principal $40,000.00 Contract $32,961,435.26 1998 GO Bonds Refinanced - Deduct Old Debt Service Principal ($87,000.00) 1998 GO Bonds $32,874,435.26 Interest ($14,231.00) 1998 GO Bonds $32,860,204.26 1998 GO Bonds Refinanced - Add New Debt Service Principal $87,600,00 2007 GO Bonds $32,947,804.26 Interest $12,654.00 $32,960,458.26 1999 GO Bonds Refinanced - Deduct Old Debt Service Principal ($287,327.00) 1999 GO Bonds $32,673,13126 Interest ($103,658.00) 1999 GO Bonds $32,569,473.26 1999 GO Bonds Refinanced - Principal $289,301.00 2007 GO Bonds $32,858,774.26 Add New Debt Service Interest $80,969.00 $32,939,743.261 Fund 407 Pump Station Principal $1,050,000.00 2007 GO Bonds $33,989,743.26 Interest $379,495.00 $34,369,238.26 Fund 407 Parking Ramp Principal $700,000.00 2007 GO Bonds $35,069,238.26 Interest $257,645.00 $35,326,883.26 Fund 407 Property Acq. Tax exempt Principal $200,000.00 2007 GO Bonds $35,526,883.26 Interest $74,550.00 $35,601,433.26 Fund 407 Property Acq. Taxable Principal $200,000.00 2007 GO Bonds $35,801,433.26 Interest $71,112.50 $35,872,545.76 Fund 407 Development Pian Principal $100,000.00 2007 GO Bonds $35,972,545,76 Interest $39,250.00 $36,011,795.76 2000 GO Bonds Refinanced 2007 - Deduct Old Debt Service Principal ($9,761.00) 1999 GO Bonds $36,002,034,76 Interest ($2,549.00) 1999 GO Bonds $35,999,485.76 2000 GO Bonds Refinanced - Add New Debt Service - 2007 Principal $10,209.00 2007 GO Bonds $36,009,694.76 Interest $1,929.00 $36,011,623.76 Fund 408 Development Plat Tax Exempt Principal $100,000.00 2008 GO Bonds $36,111,623.76 Interest $34,332.50 $36,145,956.26 Fund 408 Property Acq. Tax Exempt Principal $150,000.00 2008 GO Bonds $36,295,956.26 Interest $45,655.00 $36,341,611.26 Fund 408 Public Market Taxable Principal $585,000.00 2008 GO Bonds $36,926,611,26 Interest $172,750.00 $37,099,361.26 Fund 408 Parking Ramp Principal $1,400,000.00 2008 GO Bonds $38,499,361.26 Page 6 of 8 Page 36 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) Taxable Interest $407,250.00 $38,906,61126 Fund 416 GO Bond FYE2016 Refunding Porlion 2008A Downtown Development Principal ($60,000.00) 2016 GO Bonds $38,846,611.26 Merest (510,052.50) $38,836,558.76 Fund 416 GO Bond FYE2016 Refunding Portion 2008A Downtown Acquisitions Principal ($75,000.00) 2016 GO Bonds $38,761,558.76 Interest ($10,950.00) $38,750,608.76 E. 4th Street Streetscape Project Principal 59,200.00 Advance $38,759,808.76 E 461 Street Improvements Principal $420,029.47 Advance 539,179,838.23 B 4th Street Principal 521,961.18 Advance 539,201,799.41. 2009 Downtown Parking Garages - Exempt Principal 5700,000.00 2009 GO Bonds 539,901,799.41 Interest 5209,558.86 $40,111,358.27 2009 Downtown Development Plan-Exempt Principal $100,000.00 2009 GO Bonds $40,211,358.27 Interest $31,156.89 $40,242,515.16 2009 Downtown Acquisitions - Exempt Principal $250,000.00 2009 GO Bonds $40,49Z515.16 Interest 571,649.06 $40,564,164.22 2009 Downtown Acquisitions - Taxable Principal 5300,000.00 2009 GO Bonds $40,864,16422 Interest 581,214.30 540,945,378.52 Fund 410 Downtown Development Plan - Taxable Principal 560,000.00 2010 GO Bonds 541,005,378.52 Interest $10,893.17 $41,016,271.69 Fund 410 Downtown Acquisitions - Taxable Principal $506,000.00 2010 GO Bonds $41,522,271.69 Interest $97,450.89 541,619,722.58 2002 GO Bonds Refinanced - Deduct Old Debt Service Principal (511,002.00) 1999 GO Bonds 541,608,720.58 Interest (57,674 00) 1999 GO Bonds $41,601,046.58 2002 GO Bonds Refinanced - Add New Debt Service - Fund ' 410 Principal $11,031.56 2007 GO Bonds 541,612,078.14 Interest $3,979.74 $41,616,057.88 2004 GO Bonds Refinanced - Deduct Old Debt Service Principal (585,000.00) 2004 GO Bonds 541,531,057.88 Interest ($17,925.00) 2004 GO Bonds $41,513,132.88 2004 GO Bonds Refinanced - Add New Debt Service - Fund a7-i Principal $85,000.00 2011 GO Bonds $4I,598,132.88 Interest $12,705.56 $41,610,838.44 2005 GO Bonds Refinanced - Deduct Old Debt Service - Downtown Acquisitions Principal (5510,000.00) 2005 GO Bonds 541,100,838.44 Interest (596,405.00) $41,004,433.44 2005 GO Bonds Refinanced - Add New Debt Service - Fund 412 (2012) Principal $510,000.00 2012 GO Bonds $41,514,433.44 Interest $51,204,18 $41,565,637.62 2003 GO Bonds Refinanced - Deduct Old Debt Service - Comm St Extension Principal ($60,000.00) 2003 GO Bonds $41,505,637.62 Interest ($6,290.00) 541,499,347.62 2003 GO Bonds Refinanced - Add New Debt Service - Fund 412 (2012) Principal $60,000.00 2012 GO Bonds 541,559,347.62 Interest 51,892.82 541,561,240.44 2003 GO Bonds Refinanced - Deduct Old Debt Service - Courier Bldg Acq (Midport) Principal ($30,446.87) 2003 GO Bonds $41,530,793.57 Interest (53,401.00) $41,527,392.57 2003 GO Bonds Refinanced - Add New Debt Service - Fund 412 (2012) Principal 530,446.87 2012 GO Bonds $41,557,839.44 Interest $698.56 $41,558,538.00 2003 GO Bonds Refinanced - Deduct Old Debt Service - Bide Acn !Rauh) Principal ($35,1.49.00) 2003 GO Bonds $41,523,389.00 Merest ($3,686.00) $41,519,703.00 .yrlrier 2003 GO Bonds Refinanced - 5.1,1AI,..., ri�1, - c,.....:,.., F.....1 Principal $35,149.00 2012 GO Bonds $41,554,852.00 Page 7 of 8 Page 37 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 412 (21112) � .« y-..- �.. Interest $985.75 $41,555,837.75 2003 GO Bonds Refinanced - Deduct Old Debt Service - Downtown Lighting Principal ($30,000A0) 2003 GO Bonds $41,525,837.75 Interest ($3,145.00) $41,522,692.75 2003 GO Bonds Refinanced - Add New Debt Service - Fund Principal $30,000.00 2012 GO Bonds $41,552,692.75 Interest $504.69 $41,553,197.44 2007 GO Bonds Refinanced - Deduct Old Debt Service Principal ($139,873.00) 2007 GO Bonds $41,413,324.44 Interest ($16,598.00) $41,396,726.44 2007 GO Bonds Refinanced - Add New Debt Service - Fund Principal $139,873.00 2014 GO Bonds $41,536,599.44 Interest $12,378.00 841,548,977.44 2006 GO Bonds Refinanced - Deduct Old Debt Service Principal ($385,000.00) 2014 GO Bonds $41,163,977.44 Interest ($61,077.52) $41,102,899.92 2006 GO Bonds Refinanced - Add New Debt Service - Fund Principal $385,000.00 2014 GO Bonds $41,487,899.92 Interest $1,477.80 $41,489,377.72 Fund 411 Downtown Development Plan - Taxable Principal $100,000.00 2011 GO Bonds $41,589,377.72 Interest $37,066.11 $41,626,443.83 Fund 411 Downtown Acquisitions-Taxable Principal $800,000.00 2011 GO Bonds $42,426,443.83 Interest $269,240.97 $42,695,684.80 Fund 411 Downtown Demolitions - Taxable Principal $800,000.00 2011 GO Bonds $43,495,684,80 Interest $269,240.97 $43,764,925.77 Fund 412 Downtown Acquisitions-Taxable Principal $800,000.00 2012 GO Bonds $44,564,925.77 Interest $98,233.13 $44,663,158.90 Fund 412 Downtown Development Plan Principal $60,000.00 2012 GO Bonds $44,723,158.90 Interest $7,290.00 $44,730,448.90 Fund 413 Downtown Acquisitions-Taxable Principal $950,000.00 2013 GO Bonds $45,680,448.90 Interest $125,810,76 $45,806,259.66 Fund 413 Downtown Development Plan Principal $80,000.00 2013 GO Bonds $45,886,259.66 Interest $10,579.03 $45,896,838.69 Fund 414 Techworks Principal $3,500,000.00 2014 GO Bonds $49,396,838.69 Interest $1,112,697.40 $50,509,536.09 Fund 414 Downtown Development Plan Principal $80,000.00 2014 GO Bonds $50,589,536.09 Interest $13,255.56 $50,602,791.65 Fund 414 Downtown Acquisitions Principal $345,000.00 2014 GO Bonds $50,947,791.65 Interest $114,661.47 $51,062,453.12 Fund 415 Downtown Development Plan - Tax Principal $80,000.00 2015 GO Bonds 851,142,453.12 Interest 514,813.33 $51,157,266.45 Fund 415 Downtown Acquisitions - Taxable Principal $200,000.00 2015 GO Bonds $51,357,266.45 Interest $29,232.11 $51,386,498.56 Fund 416 GO Bond FYE2016A Principal 880,000.00 2016 GO Bonds $51,466,498.56 Interest $9,875.56 551,476,374.12 Fund 416 GO Bond FYE2016B Principal 5239,000.00 2016 GO. Bonds $51,715,374.12 Interest $26,472.57 $51,741,846.69 Fund 416 GO Bond FYE2016CTechworks Principal $9,250,000.00 2016 GO Bonds 560,991,846.69 Interest $3,031,639.19 $64,023,485.88 Fund 416 GO Bond FYE2016 Retunding.Portion 2008A Downtown Development Principal 560,000.00 2016 GO Bonds $64,083,485.88 Interest $5,206.67 $64,088,692.55 Fund 416 GO Bond FY52016 Refunding Portion 2008A Downtown Development Principal $75,000.00 2016 GO Bonds $64,163,692.55 Interest $5,683.33 $64,169,375.88 Teamsters Acquisition Principal $92,781.02 Advance $64,262,156.90 E 4th Street Principal $31,886.19 Advance $64,294,043.09 TechWorks Principal $24,104.93 Advance $64,318,148.02 TIF Expansion Principal $1,063.75 Advance $64,319,211.77 Cedar Skyline Advance Principal $247,500.00 Advance $64,566,711.77 TechWorks (FY13) Principal $3,977.50 Advance $64,570,689.27 TechWorks (FY14) Principal $4,410.00 Advance $64,575,099.27 Administrative Expenses FY15 Principal $9,467.97 Advance $64,584,567.24 Administrative Expenses FY16 -Principal $13,400.00 Advance $64,597,967.24 $64,597,967.24 * Estima ted Page 8 of 8 Page 38 of 130 SCHEDULE "2" Cumulative Revenue as of June 30, 2016 Project Designation: Downtown Waterloo Urban Renewal and Redevelopment Program Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19{2} No. Year Received Amount Received from Payments under Sec. 402.12(2) - TIF Other Revenue Received Cumulative Amount 1 FY 1977 $22,566.19 $22,566.19 2 FY 1978 $50,863.50 $73,429.69 3 FY 1979 $163,010.80 $236,440.49 4 FY 1980 $216,795.08 $453,235.57 5 FY 1981 $319,027.40 $772,262.97 6 FY 1982 $385,731.14 $1,157,994.11 7 FY 1983 $476,100.00 $1,634,094.11 8 FY 1984 $534,281.00 $2,168,375.11 9 FY 1985 $582,411.43 $2,750,786.54 10 FY 1986 $773,667.04 $72,793.00 $3,597,246.58 11 FY 1987 $829,625.00 $121,738.00 $4,548,609.58 12 FY 1988 $778,965.94 $73,975.00 $5,401,550.52 13 FY 1989 $607,992.00 $76,019.00 $6,085,561.52 14 FY 1990 $1,104,273.00 $199,453.84 $7,389,288.36 15 FY 1991 $911,105.00 $292,043.20 $8,592,436.56 16 FY 1992 $887,043.00 $136,932.05 $9,616,411.61 17 FY 1993 $881,666.00 $131,685.90 $10,629,763.51 18 FY 1994 $897,520.00 $146,935.03 $11,674,218.54 19 FY 1995 $752,642.00 $131,841.98 $12,558,702.52 20 FY 1996 $657,480.00 $203,285.29 $13,419,467.81 21 FY 1997 $602,482.27 $207,785.90 $14,229,735.98 22 FY 1998 $552,575.59 $198,774.53 $14,981,086.10 23 FY 1999 $599,707.53 $72,765.79 $15,653,559.42 24 FY 2000 $549,044.97 $72,000.00 $16,274,604.39 25 FY 2001 $781,750.82 $72,000.00 $17,128,355.21 26 FY 2002 $874,603.46 $72,000.00 $18,074,958.67 27 FY 2003 $797,581.70 $72,000.00 $18,944,540.37 28 FY 2004 $746,995.28 $0.00 $19,691,535.65 29 FY 2005 $849,326.72 $0.00 $20,540,862.37 30 FY2006 $972,617.30 $0.00 $21,513,479.67 31 FY2007 $935,872.08 $143,555.75 $22,592,907.50 32 FY2008 $990,766.64 $16,979.08 $23,600,653.22 33 FY2009 $1,229,705.33 $3,671.82 $24,834,030.37 34 FY2010 $1,302,412.88 $334.14 $26,136,777.39 35 FY2011 $1,191,328.01 $1,609.19 $27,329,714.59 36 FY2012 $1,284,556.61 $401.43 $28,614,672.63 37 FY2013 $1,702,931.84 $121.07 $30,317,725.54 38 FY2014 $1,523,984.44 $969.91 $31,842,679.89 39 FY2015 $1,843,941.50 $1,855.61 $33,688,477.00 40 FY2016 $1,948,877.87 $1,844.23 $35,639,199.10 41 FY2017* $2,055,641.00 $37,694,840.10 42 FY2018* $2,055,641.00 $39,750,481.10 Page 39 of 130 * Estimated Values # Includes Special Assessments and Parking Revenue $39,750,481.10 Page 40 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07008 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 15,186,312 `There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional Information: Please note that we removed $230,227 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $28,958,768.14. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 41 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Waterloo Downtown Urban Renewal County: Black Hawk Page 1 Urban Renewal Area Number: 07008 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Main Street: $40,000 D'X' this box if a rebate agreement. List administrative details on lines above. 2. Hotel President 10 years at 90,80,70,60,40,30,20,20,20,10 with Base of $239,850 E'X' this box if a rebate agreement. List administrative details on lines above. 3. 2016 GO Bonds Issued Principal:$80,000 Interest: $9,875.56 Total: $ 89,875.56 O'X' this box if a rebate agreement. List administrative details on lines above. 4. 2016 GO Bonds Issued Principal: $239,000 Interest: $26,472.57 Total: $265,472.57 EI'X' this box if a rebate agreement. List administrative details on lines above. 5. JSA Multiple Parcel Tax Rebate: $431,784 7 years at 100% Date Approved*: 6/13/2016 Total Amount: 40,000 9/22/2014 224,194 5/23/2016 89,876 5/23/2016 265,473 5/23/2016 431,784 E'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 1,051,326 Page 42 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Waterloo Downtown Urban Renewal County: Black Hawk Page 2 Urban Renewal Area Number: 07008 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 6. NCN Tax Rebate Estimate Adjustment: Increase of $27,955 x0'X' this box if a rebate agreement. List administrative details on lines above. 7. Administrative Expenses: $13,400 L'X' this box if a rebate agreement. List administrative details on lines above. 8. 2016 GO Bond - Techworks Principal: 9,250,000 Interest: 3,031,639.19 Total: $12,281,639.19 D'X' this box if a rebate agreement. List administrative details on lines above. 9. Grand Investments LLC (Grand Crossing) Rebates 20 years at 42% with base value of 67,000 E'X' this box if a rebate agreement. List administrative details on lines above. 10. 2016A - Refunding portion 2008A Principal: 60,000 Interest: 5,206.67 Total: 65,206.67 Date Approved*: 12/15/2008 Total Amount: 27,955 6/13/2016 13,400 9/8/2015 12, 281,639 05/06/2016 927,320 5/23/2016 65,207 O'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Total For City TIF Form 1.1 Page 2: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 13,315,521 Page 43 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Waterloo Downtown Urban Renewal County: Black Hawk Page 3 Urban Renewal Area Number: 07008 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 11. 2016A- Refunding portion 2008A Principal: 75,000 Interest: 5,683.33 Total: 80,683.33 C]'X' this box if a rebate agreement. List administrative details on lines above. 12. Holten/JSA Tax Rebate: $7,386 xD'X' this box if a rebate agreement. List administrative details on lines above. 13. Dolly James, LLC Phase [l Estimated Tax Rebate: $365,698 10 years @ 100% with base at 30,036 E'X' this box if a rebate agreement. List administrative details on lines above. 14. Dolly James, LLC Phase III Estimated Tax Rebate: $365,698 15. 10 years @100% with base at 30,036 E'X' this box if a rebate agreement. List administrative details on lines above. EI'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 4. Date Approved*: 5/23/2016 Total Amount: 80,683 7,386 1/30/2012 365,698 1/30/2012 365,698 Total For City TIF Form 1.1 Page 3: 819,465 *''Date Approved" is the date that the local governing body initia[ly approved the TIF indebtedness. Page 44 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Downtown Urban Renewal Urban Renewal Area Number: 07015 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest and rollback replacement revenue received during FY16: $1,844.23 Courier Tax Rebate Estimate Adjustment Reduction: $25,225.74 CN Bank Tax Rebate Estimate Adjustment Reduction: $2,732 HOAA-JSA Tax Rebate Estimate Adjustment Reduction: $3,864 Hoiien Tax Rebate Estimate Adjustment Reduction: $7,382 Gilmore & Doyle Rebate Estimate Adjustment Reduction: $15,292.97 Amount Reduced: 1,844 25,226 2,732 3,864 7,382 15,293 2008A Downtown Development Bond Refunded: Principal 60,000 Interest 10,052.50 total 70,052.50 70,053 2008A Downtown Acquisitions Bond Refunded: Principal 75,000 Interest 10,950 total 85,950 85,950 JSA Jamisons- Tax Rebate Estimate Adjustment Reduction: $7,386 Rounding adjustment $12.00 7,386 12 Dolly James, LLC Phase 1 Tax Rebate Estimate Adjustment Reduction: $10,486 10,486 Total Reduction In Indebtedness For This Urban Renewal Area: 230,227 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 45 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Martin Road Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description ❑ City Cumulative Dec 2016 Martin ❑ State Certification Dec 2016 Martin SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Action Approved Approved Type Backup Material Backup Material Date 11/16/2016 - 10:34 AM 11/16/2016 - 11:33 AM Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Martin Road Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 46 of 130 Schedule"1" Cumulative Expenses as of June 30, 2016 Project Designation: Martin Road Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(21 NO. DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTNESS Cumulative Amount AMOUNT INCURRED Recording Fees FY 1998 -1999 Principal $464.50 1999 GO Bonds $464.50 Design & Construction Engineering FY 1997 - 2001 Principal $20,328.07 1999 GO Bonds $20,792,57 FY 1999 - 2001 Principal $165,433.36 1999 GO Bonds $186,225.93 Construction of Road & SewerFinancing FY 1998 - 2000 Interest $148,169.07 1999 GO Bonds $334,395.00 Brock Inc. Property 5/18/2004 Principal $385,000.00 Contract $719,395.00 Contract Interest $55,598.78 $774,993.78 Denso Project Expenses FY 2004 Principal $51,218.16 2002 GO Bonds $826,211,94 Interest $20,299.47 2002 GO Bonds $846,511.41 - Fund 412 Martin Road FY2006 Principal $100,000.00 2006 GO Bonds $946,511.41 Development - Fund 406 Interest $57,473.78 $1,003,985.19 Denso Tax Rebates Principal TIF Rebate $1,003,985.19 30% 2007 $14,055.53 $1,018,040.72 30% 2008 $17,072.82 $1,035,113.54 30% 2009 $18,329.83 $1,053,443.37 30% 2010 $18,115.17 $1,071,558.54 30% 2011 $18,140.07 $1,089,698.61 Wilbert Vault Rebates Principal TIF Rebate 90% 2008 $25,367.50 $1,115,066.11 90% 2009 $25,045,82 $1,140,111.93 90% 2010 $24,686.00 $1,164,797.93 90% 2011 $24,720.00 $1,189,517.93 90% 2012 $24,490.00 $1,214,007.93 90% 2013 $22,604.00 $1,236,611.93 90% 2014 $21,116.00 $1,257,727.93 90% 2015 $19,390.00 $1,277,117.93 90% 2016 $16,184.00 $1,293,301.93 90% 2017* $15,014.00 $1,308,315.93 Rain Soft Rebates TIF Rebate $1,308,315.93 100% 2009 $12,844.23 $1,321,160.16 100% 2010 $12,698.00 $1,333,858.16 Principal $12,716.00 $1,346,574.16 100% 2011 100% 2012 $12,598.00 $1,359,172.16 100% 2013 $13,124.00 $1,372,296.16 Young Development TIF Rebate (Country Estates) $1,372,296.16 100% 2010 $16,100.00 $1,388,396.16 100% 2011 $16,122.00 $1,404,518.16 100% 2012 $15,972.00 $1,420,490.16 100% 2013 $15,216.00 $1,435,706.16 100% 2014 Principal $14,216,00 $1,449,922.16 100% 2015 $12,756,00 $1,462,678.16 100% 2016 810,100,00 $1,472,778.16 100% 2017* :$8,994.00 $1,481,772.16 100% 2018* $12,582.00 81,494,354.16 2019* $3,026.74 $1,497,380.90 Page 47 of 130 Schedule "1" Cumulative Expenses as of June 30, 2016 Project Designation: Marlin Road Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19{21 Stephen Riley TIF Rebate $1,497,380.90 100% 2010 $19,498.00 $1,516,878.90 100% 2011 $19,548.00 $1,536,426.90 100% 2012 Principal $19,368.00 $1,555,794.90 100% 2013 $16,028.00 $1,571,822,90 100% 2014 $14,972.00 $1,586,794.90 100% 2015 $13,496.00 $1,600,290.90 Maurer TIF Rebate $1,600,290.90 100% 2011 $56,178.00 $1,656,468.90 100% 2012 $55,656.00 $1,712,124.90 Principal $65,472.00 $1,777,596.90 100% 2013 100% 2014 $61,164.00 $1,838,760.90 100% 2015 $58,426.00 $1,897,186.90 JARF (Fahr Beverage) TIF Rebate $1,897,186.90 100% 2011 $22,268.00 $1,919,454.90 100% 2012 $22,062.00 $1,941,516.90 100% 2013 Principal $20,642.00 $1,962,158.90 100% 2014 $19,284,00 $1,981,442.90 100% 2015 $15,156.00 $1,996,598.90 100% 2016* 812,448.00 82,009,046.90 Watessa TIF Rebate $2,009,046.90 100% 2012 $41,396,00 $2,050,442.90 100% 2013 $48,422.00 $2,098,864.90 100% 2014 $45,238.00 $2,144,102.90 100% 2015 $42,952.00 $2,187,054.90 68% 2016* Principal $25,130.00 $2,212,184.90 50% 2017* $16,600.00 $2,228,784.90 50% 2018* $20;188.00 $2,248,972.90 50% 2019* $20,188.00 $2,269,160.90 50% 2020* 820,188:00 $2,289,348.90 50% 2021* $20,188.00 $2309,536.90 Deer Creek $2,309,536.90 2011 8300,000.00 $2,609,536.90 2012 $200,000.00 $2,809,536,90 2013 $200,000.00 $3,009,536.90 2014 $200,000.00 $3,209,536.90 2015 $200,000.00 $3,409,536.90 2016 $200,000.00 $3,609,536.90 2017 $200,000.00 $3,809,536.90 2018 Principal $200,000.00 $4,009,536.90 2019 $200,000.00 $4,209,536.90 2020 $200,000.00 $4,409,536.90 2021 $200,000.00 $4,609,536.90 2022 $200,000.00 $4,809,536.90 2023 $200,000.00 $5,009,536.90 2024 $200,000.00 $5,209,536.90 2025 $200,000.00 $5,409,536.90 2026 $301,65864 $5,711,195.54 Corstang Enterprises $5,711,195.54 2013 $38,063.00 $5,749,258.54 2014 Principal $18,129.00 $5,767,387.54 2015 $0.00 $5,767,387.54 2016 $0.00 $5,767,387.54 PTL Properties, LLC TIF Rebate $5,767,387.54 Page 48 of 130 Schedule"1" Cumulative Expenses as of June 30, 2016 Project Designation: Martin Road Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(21 100% 2013 100% 2014 100% 2015 100% 2016* 22% 2017* 50°% 2018* 50% 2019* Principal $26,946.00 $5,794,333.54 $23,534.00 $5,817,867.54 $21,864.00 $5,839,73t54 $18,612.00 $5,858,343.54 $1;034:00 $5,859,377.54 $10,502:00 $5,869,879.54 $10,502:00 $5,880,381.54 50% 2020* " ;;' ..$10,502.00 $5,890,883.54 50% 2021* $10,50200 $5,901,385.54 50% 2022* $10,5.02,00 $5,911,887.54 SVW Properties, LLC TIF Rebate $5,911,887.54 100% 2013 $27,170.00 $5,939,057,54 100% 2014 $24,396.00 $5,963,453.54 100% 2015 $22,704.00 $5,986,157.54 100% 2016 $19,390.00 $6,005,547.54 22% 2017* Principal $1,204,00 $6,006,751,54 50% 2018* $10,888.00 $6,017,639.54 50% 2019* $10,888.00 $6,028,527.54 50% 2020* $10,888.00 r $6,039,415.54 $10,888,00 $6,050,303.54 50% 2021* 50% 2022* $10,888.00 $6,061,191.54 Avila Developments, LLC 50% 2016 $14,568.00 $6,075,759.54 50% 2017* `:: $16,218.00 $6,091,977.54 50% 2018* $16,218.00 $6,108,195.54 50% 2019* Principal $16;218.00 $6,124,413.54 50% 2020* $16,218:00 $6,140,631.54 50% 2021* $16,218:00 $6,156,849.54 50% 2022* $16,218:00 $6,173,067.54 50% 2023* $16,218.00 $6,189,285.54 Reserves at Ridgeway TIF Rebate $6,189,285.54 50% 2018* $30,440.00 $6,219,725.54 50% 2019* $30,440.00 $6,250,165.54 Principal $30,440.00 $6,280,605.54 50% 2020* 50% 2021* $30,440.00 $6,311,045.54 50% 2022* - .$30,440.00 $6,341,485.54 M & K Electric 70% 2018* ;. $3,532.00 $6,345,017.54 70% 2019* - $3,532.00 $6,348,549.54 70% 2020* Principal $3,532:00 $6,352,081.54 $3,532.00 $6,355,613.54 70% 2021* 65% 2022* $3,280.00 $6,358,893.54 65% 2023` $31280.00 $6,362173.54 65% 2024* $3,280.00 $6,365,453.54 Senad Dizdarevic B0% 2017* $8,600.00 $6,374,053.54 80% 2018* . $8,600.00 $6,382,653.54 80% 2019* $8,600.00 $6,391,253.54 80% 2020* $8,600.00 $6,399,853.54 Principal $8,600.00 $6,408,453.54 80% 2021* 80% 2022* $8,600.00 $6,417,053.54 70% 2023* $7,524.00 $6,424,577.54 70% 2024* $7,524.00 $6,432101.54 70% 2025* $7,524.00 $6,439,625.54 Page 49 of 130 Schedule"1" Cumulative Expenses as of June 30, 2016 Project Designation: Martin Road Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement 1999 GO Bonds Refinanced - Deduct Old Debt Service Principal -$82407.00 1999 GO Bonds $6,357,218.54 Interest 429,728.00 $6,327,490.54 1999 GO Bonds Refinanced - Add New Debt Service - Fund 407 Principal $82971.00 2007 GO Bonds $6,410,461.54 Interest $23,222.00 $6,433,683.54 Martin Road Dev, (taxable) FY2007 Principal $50,000.00 2007 GO Bonds $6,483,683.54 Interest $17,728.00 $6,501,411.54 Martin Road Dev. (taxable) FY 2008 Principal $80,000.00 2008 GO Bonds $6,581,411.54 Interest $25,000.00 $6,606,411.54 Corstang Purchase FY2009 Principal $196,020.00 Advance $6,802431.54 San Sewer Design FY2010 Principal $558.00 Advance $6,802,989.54 San Sewer Design FY2011 Principal $425.50 Advance $6,803,415.04 2002 GO Bonds Refinanced - Deduct Old Debt Service Principal ($29,403.28) 2002 GO Bonds $6,774,011.76 Interest ($5,907.08) $6,768,104.68 2002 GO Bonds Refinanced - Add New Debt Service - Fund 410 Principal $29,639.76 2010 GO Bonds $6,797,744.44 Interest $3,063.42 $6,800,807.86 2006 GO Bonds Refinanced - Deduct Old Debt Service Principal ($75,000.00) 2006 GO Bonds $6,725,807.86 Interest ($20,421.26) $6,705,386.60 2006 GO Bonds Refinanced - Add New Debt Service -Fund 413 (FY13) Principal $65,657.00 2013 GO Bonds $6,771,043.60 Interest $5,788.40 $6,776,832.00 Reallocate Fund 407 G.O. Bonds to San Marnan Principal ($48,071.35) 2007 G.O. Bonds $6,728,760.65 Interest ($17,044.18) $6,711,716.47 Reallocate Fund 408 G.O. Bonds to San Marnan Principal ($80,000.00) 2008 G.Q. Bonds $6,631,716.47 Interest (825,000.00) $6,606,716.47 2007 GO Bonds Refunded - Deduct Old Debt Service Principal ($40,115.00) 2007 G.O. Bonds $6' 566,601.47 In teres t ($4,761.00) $6,561,840.47 2007 GO Bonds Refinanced - Add New Debt Service (Fund 414) Principal $40,115.00 2014 G.O. Bonds $6,601,955.47 Interest $3,550.00 $6,605,505.47 Martin Road Dev. (taxable) FY 2011 Principal $100,000.00 2011 GO Bonds $6,705,505.47 Interest $37,730.31 $6,743,235.78 Martin Road Dev. (taxable) FY2015 Principal $57,000.00 2015 GO Bonds $6,800,235.78 Interest $8,683.13 $6,808,918.91 Development Serv. FY2011 Principal $1,200.00 Advance $6,810,118.91 Failor-Hurley Grant FY2011 Principal $80,000.00 Advance $6,890,118.91 Failor-Hurley Grant FY2012 Principal $17.00 Advance $6,890,135.91 Deer Creek Dev. FY2013 Principal $80,000.00 Grant $6,970,135.91 Deer Creek Dev. FY2015 Principal $80,000.00 Grant $7,050,135.91 Administrative Expenses FY15 Principal $4,119.45 Advance $7,054,255.36 San Sewer Design FY2012 Principal $1,505.00 Advance $7,055,760.36 2016 GO Bonds Add New Debt Service - (FY16) Fund 416 FY1b Principal $300,000.00 2016 GO Bonds $7,355,760.36 Interest $31,963.00 $7,387,723.36 Rath Area Redevelopment Fund 415 FY 2015 GO Bonds Realocation Principal $220,000,00 2016 GO Bonds $7,607,723.36 Interest $34,999.39 $7,642722.75 Administrative Expenses FY 16 Advance $8,000.00 $7,650,722.75 Hawkeye Stages ED Grartt Advance $474,435.50 $8,125,158.25 Wienands ED Grant Advance $200,904.00 $8,326,062.25 *estimated Page 50 of 130 Schedule "2" Cumulative Revenue as of June 30, 2016 Project Designation: Martin Road Tax Increment Redevelopment Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19[21 No. Year Rece Amount Received from Payments under Sec. 402.12(2) Other Revenue Received Cumulative Amount 1 FY 1997 $0.00 $0.00 2 FY 1998 $0.00 $0.00 3 FY 1999 $3,573.58 $3,573.58 4 FY 2000 $7,314.98 $10,888.56 5 FY 2001 $76,616.52 $87,505.08 6 FY 2002 $60,214.96 $147,720.04 7 FY 2003 $67,780,85 $215,500.89 8 FY 2004 $74,966.48 $290,467.37 9 FY2005 $123,495.49 $413,962.86 10 FY2006 $150,499.75 $564,462.61 11 FY2007 $171,278.42 $101,903.67 $837,644.70 12 FY2008 $204,129.43 $18,939.01 $1,060,713.14 13 FY2009 $255,746.77 $5,108.00 $1,321,567.91 14 FY2010 $249,984.54 $460.98 $1,572,013.43 15 FY2011 $394,612.49 $888.50 $1,967,514.42 16 FY2012 $474,303.10 $32.15 $2,441,849.67 17 FY2013 $564,599.22 $74.41 $3,006,523.30 18 FY2014 $522,759.56 $188.85 $3,529,471.71 19 FY2015 $525,348.24 $583.98 $4,055,403.93 20 FY2016 $557,473.61 $1,054.50 $4,613,932.04 21 FY2017* $557,473;61 $5,171,405.65 22 FY2018* . $557,473.61 $5,728,879.26 * - Estimated Page 51 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Martin Road Urban Renewal Urban Renewal Area Number: 07016 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 1,621,620 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of T1F increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional information: Please note that we removed $30,771 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $3,712,130.21. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 52 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Martin Road Urban Renewal County: Black Hawk Page 1 Urban Renewal Area Number: 07016 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Wilbert Burial Vault Tax Rebate Estimate Adjustment: $706.81 E'X' this box if a rebate agreement. List administrative details on lines above. 2. Avita Developments, LLC Tax Rebate Estimate Adjustment: $9,166 Q'X' this box if a rebate agreement. List administrative details on lines above. 3. Senad Dizdarevic Tax Rebate Estimate Adjustment: $3,690 E'X' this box if a rebate agreement. List administrative details on lines above. 4. Young Development (County Estates) Tax Rebate Estimate Adjustment : $2,899.80 EX this box if a rebate agreement. List administrative details on lines above. 5. Deer Creek Tax Rebate Estimate Adjustment: $158,688.70 E'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Date Approved*: 10/26/2004 Total Amount: 707 05/20/2013 9,166 02/03/2014 3,690 09/18/06 2,900 6/11/12 158,689 Total For City TIF Form 1.1 Page 1: 175,152 * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 53 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Martin Road Urban Renewal County: Black Hawk Page 2 Urban Renewal Area Number: 07016 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness TypelDescriptionlDetails: 6. Administrative Expenses: $8,000 f'X' this box if a rebate agreement. List administrative details on lines above. 7. 2016 GO Bonds: Principal: $300,000 Interest: $31,963 Total: $331,963 f'X' this box if a rebate agreement. List administrative details on lines above. 8. 2015 GO Bonds Reallocated to Martin Road TIF: Principal: $220,000 Interest: $34,999.39 Total: $254,999.39 E1'X' this box if a rebate agreement. List administrative details on lines above. 9. Prairie Legacy Ventures, LLC (Hawkeye Stages) ED Grant: $474,435.50 Ll'X' this box if a rebate agreement. List administrative details on lines above. 10. AS Commercial, LLC (Wienands) ED Grant: $200,904 Date Approved*: 6113116 Total Amount 8,000 5/23/2016 331,963 6/9/2015 254,999 9/14/2015 474,436 3/7/2016 200,904 D'X' this box if a rebate agreement. List administrative details on lines above. 3 If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Total For City TIF Form 1.1 Page 2: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 1,270,302 Page 54 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Martin Road Urban Renewal County: Black Hawk Page 3 Urban Renewal Area Number: 07016 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 11. BCS Properties, LLC (The 'Reserves at Ridgeway) Tax Rebate: $152,198 5 yrs at 50% E'X' this box if a rebate agreement. List administrative details on lines above. 12. M & K Quality Electric, LLC Tax Rebate: $23,968 13. 14. 4 yrs at 70% and 3 yrs at 65% E'X' this box if a rebate agreement. List administrative details on lines above. E'X' this box if a rebate agreement. List administrative details on lines above. 15. E'X' this box if a rebate agreement. List administrative details on lines above. Date Approved*: 3/30/15 Total Amountl 152,198 8/8/16 23,968 EI'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 4. Total For City TIF Form 1.1 Page 3: 176,166 "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 55 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Martin Road Urban Renewal Urban Renewal Area Number: 07016 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest received during FY16: $1,054.50 JARF Tax Rebate Estimate Adjustment: Decrease of $2,806 Watessa Tax Rebate Estimate Adjustment: Decrease of $4,648 PTL Properties, LLC (Turnkey) Tax Rebate Estimate Adjustment: Decrease of $4,186 SVW Properties, LLC (Turnkey) Tax Rebate Estimate Adjustment: Decrease of $8,500 Refinancing savings Fund 413 refinanced 406 GO: $9,576 Amount Reduced: 1,055 2,806 4,648 4,186 8,500 9,576 Total Reduction In Indebtedness For This Urban Renewal Area: 30,771 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 56 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 East Waterloo Unified Urban Renewal & Redevelopment Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Planning & Zoning Planning & Zoning Clerk Office ATTACHMENTS: Description City Cumulative Dec 2016 East Waterloo Unified (Midport-Logan) State Certification Dec 2016 East Waterloo Unified (Midport-Logan) Reviewer Schroeder, Aric Miller, Adrienne Schroeder, Aric Higby, Nancy SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Action Rejected Approved Approved Approved Type Backup Material Backup Material Date 11/16/2016 - 10:38 AM 11/16/2016 - 10:44 AM 11/16/2016 - 11:35 AM 11/16/2016 - 11:36 AM Resolution approving certification to the Black Hawk County Auditor for FY2016 expenditures that qualify for reimbursement in the East Waterloo Unified Urban Renewal & Redevelopment Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 57 of 130 Background Information: The East Waterloo Unified Urban Renewal and Redevelopment TIF is the former Logan and Midport TIF districts that were recently combined. Page 58 of 130 SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax increment Reimbursement Under Section 403.19(2} No. Date Of Issuance or Expenditure Source Amount Description of Indebtedness insured Cumulative Amount Site Development FY 1996 Principal $220,648.35 1996 GO Bonds $220,648.35 MidPort Blvd. FY 1996 Principal $170,748.90 1996 GO Bonds $391,397.25 Rail Improvements FY 1996 Principal $8,682.75 1996 GO Bonds $400,080.00 Interest $205,357.39 1996 GO Bonds $605,437.39 Loan - Cedar Falls BDC Principal $10,000.00 ADVANCE $615,437.39 Interest 97-00 $1,058.63 $616,496.02 Interest FY 01 $300.00 $616,796.02 Interest FY 02 $275.00 $617,071.02 Basic Materials (A ADA) FY 1997 Principal $100,000.00 ADVANCE $717,071.02 Interest 97-00 $10,561.65 $727,632.67 Interest FY 01 $3,000.00 $730,632.67 Interest FY 02 $3,000,00 $733,632.67 Interest FY 03 $3,180.82 $736,813.49 Interest FY04 $2,537.26 $739,350.75 Interest FY05 $2,400.00 $741,750.75 Interest FY06 $2,100,00 $743,850.75 Interest FY07 $1,800.00 $745,650.75 Interest FY08 $1,500.00 $747,150.75 InterestFY09 $1,200.00 $748,350.75 InterestFY10 $900.00 $749,250.75 Interest FY11 $600.00 $749,850.75 Interest FY12 $300.00 $750,150.75 MIDPORT BLVD. RISE PHASE 16/97 Principal $129,945.07 1997 GO Bonds $880,095.82 Rail Spur Improvements FY 97 Principal $116,629.00 1998 GO Bonds 5996,724.82 Interest $119,366.30 1998 GO Bonds $1,116,091.12 Site Development FY 98 Principal $141,120.56 1998 GO Bonds $1,257,211.68 MidPort Blvd. FY 98 Principal $47,137.12 1998 GO Bonds 51,304,348.80 Rail Spur Improvements FY 98 Principal $77,449.07 1998 GO Bonds $1,381,797,87 Interest $66,501.79 1998 GO Bonds $1,448,299.66 Site Development FY 99 Principal $28,285.68 1999 G 0 Bonds $1,476,585.34 MidPort Blvd. FY 99 Principal $266,086.66 1999 G 0 Bonds $1,742,672.00 Sanitary Sewer FY 99 Principal $793,792.01 1999 G 0 Bonds $2,536,464.01 Interest $707,864.43 1999 G O Bonds $3,244,328.44 Site Development FY 00 Principal $106,524.92 2000 GO Bonds $3,350,853.36 Interest $55,651.00 $3,406,504.36 Sanitary Sewer FY 98-99 Principal $214,142.37 Advance $3,620,646.73 CB Richard Ellis Principal $210,000.00 Contract $3,830,646.73 Water Tap - WIT Principal $4,535.93 Advance $3,835,182.66 Water Tap - Adv. Heat Treat Principal $6,531.29 Advance $3,841,713.95 WIT Properties Tax Rebate TIF Rebate Agreement $3,841,713,95 100% 2001 $29,912.18 $3,871,626.13 100% 2002 $31,504.14 $3,903,130.27 100% 2003 $32,634.15 $3,935,764.42 Page 1 of 7 Page 59 of 130 SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(21 Clear Windows Rebate TIF Rebate Agreement $3,935,764.2 75% 2004 $13 243.08 53,949,007.50 60% 2005 $0.00 $3,949,007.50 45% 2006 $14,526.00 $3,963,533.50 30% 2007 $8,715.58 $3,972,249.08 15% 2008 $2,347.20 $3,974,596.28 Advanced Heat Treat Rebate TIF Rebate Agreement $3,974,596.28 100% 2002 $43,149.60 $4,017,745.88 100% 2003 $44,697.34 $4,062,443.22 100% 2004 $46,099.04 $4,108,542.26 Fed Ex Tax Rebate TIF Rebate Agreement $4,108,542.26 50% 2008 $24,433.25 $4,132,975.51 50% 2009 $26,224.00 $4459,199.51 50% 2010 $25,916.00 $4,185,115.51 50% 2011 $25,952.00 $4,211,067.51 50% 2012 $25,712,00 $4,236,779.51 Criterion Tax Rebate TIF Rebate Agreement $4,236,779.51 50% 2008 $3,119.76 $4,239,899.27 50% 2009 $3,080.18 $4,242,979.45 50% 2010 $3,036.00 $4,246,015.45 50% 2011 $3,040.00 $4,249,055A5 50% 2012 $3,012.00 $4,252,067.45 Advanced Heat Treat Rebate II TIF Rebate Agreement $4,252,067.45 50% 2010 $37,584.00 $4,289,651.45 50% 2011 $37,636.00 $4,327,287.45 50% 2012 $37,288.00 $4,364,575.45 50% 2013 $36,412.00 $4,400,987.45 50% 2014 $34,018.00 $4,435,005.45 50% 2015 $31,840.00 $4,466,845.45 50% 2016 ;$15,648.00 $4,482,493.45 Magee Properties Rebate TIF Rebate Agreement $4,482,493.45 50% 2009 $6,126.00 $4,488,619.45 50% 2010 $6,054.00 $4,494,673.45 50% 2011 $6,062.00 $4,500,735.45 50% 2012 $6,006.00 $4,506,741.45 50% 2013 $6,284.00 $4,513,025.45 Accurate Gear Rebate TIF Rebate Agreement $4,513,025.45 50% 2012 $6,334.00 $4,519,359.45 50% 2013 $10,888.00 $4,530,247.45 50% 2014 $10,172.00 $4,540,419.45 50% 2015 $8,312.00 $4,548,731.45 50% 2016 $5,442.00 $4,554,173.45 ConAgra Rebate TIF Rebate Agreement $4,554,173.45 90% 2010 $440,056.00 $4,994,229.45 90% 2011 $442,012.00 $5,436,241.45 90% 2012 $437,912.00 $5,874,153.45 90% 2013 $426,024.00 $6,300,177.45 90% 2014 $397,998.00 $6,698,175.45 90% 2015 $385,712.00 $7,083,887.45 90% 2016 $356,392.00 $7,440,279.45 90% 2017* $386,712.00 $7,826,991.45 80% 2018* $343,744.00 $8,170,735.45 80% 2019* $343,744.00 $8,514,479.45 70% 2020* $300 776.00 $8,815,255.45 70% 2021* $300,776.00 $9,116,031.45 70% 2022* $300,776.00 $9,416,807.45 60% 2023* $257,808.00 $9,674,615.45 60% 2024* $257,808.00 $9,932,423.45 60% 2025* $257,808.00 $10,190,231.45 50% 2026* $214 840.00 $10,405,071.45 50% 2027* $214,840.00 $10,619,911.45 50% 2028* $214,840.00 $10,834,751.45 50% 2029* $214,840.00 $11,049,591.45 Page 2 of 7 Page 60 of 130 SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2} Empire Enterprises TIF Rebate Agreement $11,049,591.45 50% 2011 $7,390.00 $11,056,981.45 50% 2012 $7,322.00 $11,064,303,45 50% 2013 $7,064.00 $11,071,367.45 50% 2014 $6,600.00 $11,077,967.45 50% 2015 $5,156.00 $11,083,123.45 LaForge, LLC TIF Rebate Agreement $11,083,123.45 50% 2013 $32,740.00 $11,115,863.45 50% 2014 $30,586.00 $11,146,449,45 50%2015 $28,712.00 $11,175,161.45 50% 2016 $24,960,00 $11,200,121.45 50% 2017* $27,574.00 $11,227,695.45 50% 2018* $27,574.00 $11,255,269.45 50% 2019* $27,574.00 $11,282,843.45 50% 2020* $27,574.00 $11,310,417.45 Schwickerath TIF Rebate Agreement $11,310,417.45 50% 2013 $2,844.00 $11,313,261.45 50% 2014 $2,658.00 $11,315,919.45 50% 2015 $2,488.00 $11,318,407.45 50% 2016 81,598.00.- _;; = $11,320,005.45 50% 2017* $2,598:00"s ._ $11,322,603.45 Tournier Manufacturing TIF Rebate Agreement $11,322,603.45 58% 2013 $21,120.00 $11,343,723.45 60% 2014 $20,410.00 $11,364,133.45 60% 2015 518,832.00 $11,382,965.45 Bob & Kaye Huff (TKE Holdings) TIF Rebate Agreement $11,382,965.45 50% 2010 $0.00 $11,382,965.45 50% 2011 $0.00 $11,382,965.45 50% 2012 $7,854.00 $11,390,819.45 50% 2013 $4,952.00 $11,395,771.45 50% 2014 54,626.00 511,400,397,45 Anthony & Christopher Huff TIF Rebate Agreement $11,400,397.45 50% 2012 $1,458.00 $11,401,855.45 50% 2013 $3,512.00 $11,405,367.45 50% 2014 $3,282.00 $11,408,649.45 50% 2015 $2,992.00 $11,411,641.45 50% 2016 51,844.00 $11,413,485.45 Cedar Valley Warehouse, LLC TIF Rebate Agreement $11,413,485.45 50% 2016 $17,458.00 $11,430,943.45 50% 2017* $22,724.00 $11,453,667.45 50% 2018* $22,724.00 $11,476,391.45 50% 2019* $22,724.00 $11,499,115.45 50% 2020* $22,724.00 $11,521,839.45 Cedar Valley Warehouse II TIF Rebate Agreement $11,521,839.45 50% 2017* $18,712.00 $11,540,551.45 50% 2018* $18,712.00 $11,559,263.45 50% 2019* $18,712.00 $11,577,975.45 50% 2020* $18,712.00 $11,596,687.45 50% 2021* $18,712.00 $11,615,399.45 CPM Acquisition, Corp TIF Rebate Agreement $11,615,399.45 50% 2014 $10,058.00 $11,625,457.45 50% 2015 $7,210.00 $11,632,667.45 50% 2016 $3,880.00 $11,636,547.45 50% 2017* $6,494:00 ` $11,643,041.45 50% 2018* $6,494.00 $11,649,535.45 Howard L Allen Investments TIF Rebate Agreement $11,649,535.45 50% 2015 515,496,00 $11,665,031.45 50% 2016 $12,670.00 511,677,701.45 50% 2017* 515,284.00 -' 511,692,985.45 50% 2018* $15,284.00 ";J'" $11,708,269.45 50% 2019* $15,284.00 ` $11,723,553.45 M&R Iowa, LLC (Fed Ex) TIF Rebate Agreement $11,723,553.45 50% 2016 50.00 $11,723,553.45 50% 2017* . $0.00 $11,723,553.45 50% 2018* $12 841.42 $11,736,394.87 Page 3 of 7 Page 61 of 130 SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) 50% 2019* 50% 2020* H drite Chemical Co. 50% 2016 50% 2017* 50% 2018* 50% 2019* 50% 2020* Koelker Pro. erties LLC 78% 2016 78% 2017* 78% 2018* 78% 2019* 78% 2020* 78% 2021* 75% 2022* AMA Real Estate 50% 2019* 50% 2020* 50% 2021* 50% 2022* 50% 2023* Logan, Plaza Retail Building 100% 2012 100% 2013 100% 2014 100%_2016 100% 2016 100%2017* Walgreen's 100% 2012 100% 2013 100% 2014 100% 2015. 100% 2016 Avita '100% 2017' 100% 2012 100% 2013 74% 2014 50% 2015 50% 2016 50% 2017* 50% 2018" 50% 2019* CVS Pharmacy 100%2016 100% 2017* 100% 2018* 100% 2019* $12,841.42 $12,841.42 $11,749,236.29 $11,762,077.71 TIF Rebate $0.00 $5,218.00 $5,218.00 $5,218.00 $5,218.00 Agreement $11,762,077.71 $11,762,077.71 $11,767,295.71 $11,772,513.71 $11,777,731.71 $11,782,949.71 TIF Rebate $11,252.00 $11,252.00 $11,252.00 $11,252.00 $11,252.00 $11,252.00 $10,818.00 Agreement $11,782,949.71 $11,794,201.71 $11,805,453.71 $11,816,705.71 511,827,957.71 $11,839,209.71 $11,850,461.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 Principal 50.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 $11,861,279.71 Principal Principal $52,934.00 •$70,346.00 $25,693.00 $74,483.00 $40,672.00 $47,022.00 $89,982.00 $87,806.00 $64;702.00 $43,498.00 $40,302.00 $41,126.00 $41,126.00 $41,126.00 Rebate $11,861,279,71 511,914,213.71 $11,984,559.71 $12,010,252.71 512,084,735.71 $12,125,407.71 $12,172,429.71 $12,172,429.71 $12,262,411.71 $12,350,217.71 512,410,919.71 $12,454,417.71 $12,494,719.71 $12,535,845.71 $12,576,971.71 $12,618,097.71 Principal Rebate $0.00 $40,866.00 $40,866.00 $40,866,00 Page 4 of 7 $12,618,097,71 $12,618,097.71 $12,658,963.71 $12,699,829.71 512,740,695.71 Page 62 of 130 SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation:. East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) $40,866.00 100% 2020* 100% 2021 * $40,866.00 $12,781,561.71 $25,964,904.06 Cedar Valley Economic Development Principal $4,500.00 Contract $12,826,927.71 Midport Sign Fund 412 Principal $51,825.00 412 GO Bonds $12,878,752.71 Interest $23,665.40 412 GO Bonds $12,902,418,11 Midport Sign Fund 411 Principal $11,069.00 411 GO Bonds $12,913,487.11 Interest $7,637.70 411 GO Bonds $12,921,124.81 Cedar Valley FY2004 Principal $17,500.00 Contract $12,938,624.81 Fund 413 Taxable Principal Interest $200,000.00 $76,609.00 413 GO Bonds $13,138,624.81 $13,215,233.81 Fund 413 Taxable - Reallocate out of Midport Fund 413 Tax Exempt Principal Interest ($102,488.00) ($38,889.00) 413 GO Bonds $13,112745.81 $13,073,856.81 Principal Interest $100,000.00 $26,177.00 413 GO Bonds $13,173,856.81 $13,200,033.81 Fund 413 Tax Exempt - Reallocate out of Midport Fund 413 Tax Exempt - Reallocate to Chamberlain Principal Interest ($55,358,87) ($14490,00) 413 GO Bonds $13,144,674.94 $13,130,184.94 Principal Interest ($41,466.93) ($10,856.00) 413 GO Bonds $13,088,718.01 $13,077,862.01 Fund 414 Taxable - Reallocate out of NE Ind Park Principal Interest $1,000.00 $488.00 414 GO Bonds $13,078,862.01 $13,079,350.01 Greater Cedar Valley Alliance FYE2005 Principal $17,500,00 Contract $13,096,850.01 Greater Cedar Valley Alliance FYE2006 Principal $17,500.00 Contract $13,114,350.01 Greater Cedar Valley Alliance FYE2007 Principal $17,500.00 Contract $13,131,850.01 Greater Cedar Valley Alliance FYE2008 Principal $32000.00 Contract $13,163,850.01 Greater Cedar Valley Alliance FYE2009 Principal $32,000.00 Contract $13,195,850.01 Greater Cedar Valley Alliance FYE2010 Principal $32,000.00 Contract $13,227,850.01 Greater Cedar Valley Alliance FYE2011 Princival $9,500.00 Contract $13,237,350.01 Greater Cedar Valley Alliance FYE2013 Principal $24,000.00 Contract $13,277,517.01 Greater Cedar Valley Alliance FYE2014 Principal $16,166.67 Contract $13,293,683.68 Greater Cedar Valley Alliance FYE2015 Principal $59,333.33 Contract $13,353,017.01 Greater Cedar Valley AllianceFYE2016 :. Principal $16,166.67 Contract $13,369,183.68 1998 GO Bonds Debt Service Refinanced - Deduct Old Principal Interest ($153,991.00) ($25,186.00) 1998 GO Bonds $13,215,192,68 $13,190,006.68 1999 GO Bonds Debt Service Refinanced - Deduct Old Principal Interest ($482,216.00) ($173,967.00) 1999 GO Bonds $12,707,790.68 $12,533,823.68 1998 GO Bonds Debt Service Refinanced - 2007 Add New Principal Interest $155,051.00 $22,397.00 2007 GO Bonds $12,688,874.68 $12,711,271.68 1999 GO Bonds Debt Service Refinanced - 2007 Add New Principal $485,540.00 Interest $135,891.00 2007 GO Bonds $13,196,811.68 $13,332,702.68 2000 GO Bonds Debt Service Refinanced - Deduct Old principal ($21,317.00) $13,311,385.68 Interest ($4,839.76) $13,306,545.92 2000 GO Bonds Debt Service Refinanced - 2007 Add New principal $13,497.00 $13,320,042.92 Interest $4,320.00 $13,324,362.92 2007 GO Bonds Debt Service Refinanced - Deduct Old principal interest ($234,751.00) ($27,858.00) 2007 GO Bonds $13,089,611.92 $13,061,753.92 2007 GO Bonds Debt Service Refinanced - 2014 Add New principal interest $234,751.00 $20,774.00 2014 GO Bonds $13,296,504.92 $13,317,278.92 Fund 409 Taxable Principal Interest $155,000.00 $37,543,26 2009 GO Bonds $13,472,278.92 $13,509,822.18 Land Acquisition 6/1/2004 Principal Interest $522,545.25 - $122,634.80 Contract $14,032,367A3 $14,155,002.23 Misc. Improvements FY2002.Bonds .: Principal Interest -$19,598.08 $6,945.64. 2002 GO Bonds $14,174,600.31 $14,181,545.95 Hy Vee Lease FY2005 Principal Interest: $90,000.00. $31,320.00 2005 GO Bonds $14,271,545.95 $14,302,865,95 Hy Vee Lease & Misc Improvements Fund Principal. $50,000,00 �nn4 $14,352,865.95 Page 5of7 Page 63 of 130 $16,167.00 $13,253,517.01 Greater Cedar Valley Alliance FYE2012 principal Contract Greater Cedar Valley Alliance FYE2013 Principal $24,000.00 Contract $13,277,517.01 Greater Cedar Valley Alliance FYE2014 Principal $16,166.67 Contract $13,293,683.68 Greater Cedar Valley Alliance FYE2015 Principal $59,333.33 Contract $13,353,017.01 Greater Cedar Valley AllianceFYE2016 :. Principal $16,166.67 Contract $13,369,183.68 1998 GO Bonds Debt Service Refinanced - Deduct Old Principal Interest ($153,991.00) ($25,186.00) 1998 GO Bonds $13,215,192,68 $13,190,006.68 1999 GO Bonds Debt Service Refinanced - Deduct Old Principal Interest ($482,216.00) ($173,967.00) 1999 GO Bonds $12,707,790.68 $12,533,823.68 1998 GO Bonds Debt Service Refinanced - 2007 Add New Principal Interest $155,051.00 $22,397.00 2007 GO Bonds $12,688,874.68 $12,711,271.68 1999 GO Bonds Debt Service Refinanced - 2007 Add New Principal $485,540.00 Interest $135,891.00 2007 GO Bonds $13,196,811.68 $13,332,702.68 2000 GO Bonds Debt Service Refinanced - Deduct Old principal ($21,317.00) $13,311,385.68 Interest ($4,839.76) $13,306,545.92 2000 GO Bonds Debt Service Refinanced - 2007 Add New principal $13,497.00 $13,320,042.92 Interest $4,320.00 $13,324,362.92 2007 GO Bonds Debt Service Refinanced - Deduct Old principal interest ($234,751.00) ($27,858.00) 2007 GO Bonds $13,089,611.92 $13,061,753.92 2007 GO Bonds Debt Service Refinanced - 2014 Add New principal interest $234,751.00 $20,774.00 2014 GO Bonds $13,296,504.92 $13,317,278.92 Fund 409 Taxable Principal Interest $155,000.00 $37,543,26 2009 GO Bonds $13,472,278.92 $13,509,822.18 Land Acquisition 6/1/2004 Principal Interest $522,545.25 - $122,634.80 Contract $14,032,367A3 $14,155,002.23 Misc. Improvements FY2002.Bonds .: Principal Interest -$19,598.08 $6,945.64. 2002 GO Bonds $14,174,600.31 $14,181,545.95 Hy Vee Lease FY2005 Principal Interest: $90,000.00. $31,320.00 2005 GO Bonds $14,271,545.95 $14,302,865,95 Hy Vee Lease & Misc Improvements Fund Principal. $50,000,00 �nn4 $14,352,865.95 Page 5of7 Page 63 of 130 406 taxable SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2 $25,656.82 Interest �VVV-U VV $14,378,522.77 Logan TIF ImprovementsFund 414 taxable Principal Interest $40,000.00 $17,236.02 2004 GO Bonds $14,418,522.77 $14,435,758.79 Logan TJF Improvements Fund 407'; Principal Interest $50,000.00 $17,728.00 2007 GO Bonds $14,485,758,79 $14,503,486.79 Logan TIF Improvements Fund 40.5 Taxable Principal Interest $75,000.00 $23,750.00 2008 GO Bonds $14,578,486.79 $14,602,236.79 Logan TIF Improvemerits Fund 410 • Principal Interest $100,000.00 $18,155.,28 2010 GO Bonds $14,702,236.79 $14,720,392.07 LoganTIF Improvements Fund 414 Taxable Principal .. Interest; $430,000.00 $60,696.39 2014 GO Bonds $15,150,392.07 $15,211,088.46 2002 GO Bonds Refinanced -Deduct Old Debt Service Principal '. Interest ($13,762.14) ($3,173,13) 2002 GO Bonds $15,197,326.32 $15,194,153.19 2002 GO Bonds Refinanced - Add New Debt Service - Fund 410 Principal. Interest $14,028.16 $1,645.58 2010 GO Bonds $15,208,181.35 $15,209,826.93 2004, GO Bonds Refinanced (Fund 414) - Deduct Old Debt Service . . Principal Interest ($21,333.31) 2004 GO Bonds' $15,188,493.62 $15,182,970.95 2004 GO Bonds Refinanced (Fund 414) - Add New Debt Service - Fund 411 Principal Interest $21,333.31 $2,25328 2011 GO Bonds $15,204,304.26 $15,206,557.54 2006 GO Bonds Refinanced (Fund 406) - Deduct Old Debt Service Principal- Interest: ($30,750.00). 07,947.06) 2006 GO Bonds $15,175,807.54 $15,167,860.48 2006 GO Bonds Refinanced (Fund 406) - Add New Debt Service:- Fund 413 (2013) ' Principal Interest $30,750:00 $2,894.20 2013 GO Bonds $15,198,610.48 $15,201,504.68 2008 GO Bonds Reallocated to San Marnan - FY11 Principal Interest. ($75,000.00) ($23,750.00) 2008 GO Bonds $15,126,504.68 $15,102,754.68 2007 GO Bonds Reallocated to San.Marnan FY11 Principal Interest ($19,140;80) ($6,786,56) 2008 GO Bonds $15,083,613.88 $15,076,827.32 2005.GO Bonds Refinanced (Fund:405). Deduct Old Debt Service -' Principal Interest ($55,000,00) ($11,520.00) 2005 GO Bonds $15,021,827.32 $15,010,307.32 2005 GO Bonds Refinanced (Fund 405) - Add New Debt Service - Fund 412 (2012) Principal Interest $55,000,00 2013 GO Bonds $15,065,307.32 $25,964,904.06 North Crossing Stroh 2017* 2018* 2019* 2020* 2021':' 2022* 2023* 2024* Principal and Interest Contract, $25,965,514.16 $1,000,000.00 $25,973,514.16 $1,000,000.00 $26,001,514.16 $1,000,000.00 $26,021,514.16 $1,000,000.00 $26,022,714.16 $1;000,000.00 $26,024,714.16 $1,000,000.00 $26,026,714.16 $1000,000.00 $26,058,886.66 $1,000,000,00. $26,067,317.43 Welter Purchase Principal $349,018.34 Advance $23,419,749.67 WIDA Purchase Principal $14,367.18 Advance $23,434,116.85 LaForge Grant Principal $214,463.00 Advance $23,648,579.85 FAA Land Release Principal $111,618.00 Advance $23,760,197.85 2002 GO Bonds Refinanced - Deduct Old Debt Service Principal Interest • ($36,825.00) ($146,172.66) 1999 GO Bonds $23,723,372.85 $23,577,200.19 2002 GO Bonds Refinanced - Add New Debt Service - Fund 410 Principal Interest $37,091.02 $75,805.14 2010 GO Bonds $23,614,291.21 $23,690,096.35 Standard Trucking Grant Principal $99,985.00 Advance $23,790,081.35 Cedar Valley Warehouse, LLC Grant Andrew Lusson Grant Principal $221,350.00 Advance $24,011,431.35 Principal $56,575.50 Advance $24,068,006.85 CV Warehouse, LLC Grant Il Principal Page 6of7 $271,582.00 Advance $24,339,588.85 Page 64 of 130 MMC Properties SCHEDULE "1" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) Grant $73,868.00 Principal Advance $24,413,456.85 MidPort Airport Land Release Principal $29,316.29 Advance $24,442,773.14 Geraldine Rd RISE Grant Application (INRCOG) MidPort Blvd -Airline Hwy Appraisal Principal $2,000.00 Advance $24,444,773.14 $24,444,773.14 Principal $2,000.00 Advance $24,446,773.14 $24,446,773.14 Brownfield Assessment Grant Application Principal $3,044.83 Advance $24,449,817.97 3730 Wagner Rd Acquisition Principal $100,604.50 Advance $24,550,422.47 Airport Release of Property Principal $514.68 Advance $24,550,937.15 Airport Release of Property FYE16 Principal. $1,669.03 Advance $24,552,606.18 Geo -Tech ESAS Principal $12,695.50 Advance $24,565,301.68 Endeavors Grant Principal $266,648.31 Advance $24,831,949.99 Con Agra Grant Principal $601,537.00 Advance $25,433,486.99 Con Agra Grant FYE16 Principal $566.50 Advance $25,434,053.49 Administrative Expenses Principal $8,338.28 Advance $25,442,391.77 Administrative Expenses FYE16 Principal .:. $9,000.00 Advance $25,451,391.77 AMA Real Estate Principal $454,000.00 Advance $25,905,391.77 AMA Real Estate Purchase FYE 16 Principal: $1,174.00 Advance $25,906,565.77 RISE Grant Application Principal $2,000.00 Advance $25,908,56517 MidPort Blvd l'hase III Construction Principal $43,518.31 Advance $25,952,084.08 MidportBFAssessment Grant FY16" • Principal $2,789.34 Advance $25,954,873.42 TIF Merger Misc Dev. FYE 2016 :: Principal $10,030.64 Advance $25,964,904.06 CVS Principal $610.10 Advance $25,965,514.16 Government Relations Contract FY12 Principal $8,000.00 Advance $25,973,514.16 Government Relations Contract FY13 Principal $28,000.00 Advance $26,001,514.16 Government Relations Contract FY14 Principal $20,000.00 Advance $26,021,514.16 E 2nd St & Walnut St Appraisal Principal $1,200.00 Advance $26,022,714.16 619 Franklin St Appraisal Principal $2,000.00 Advance $26,024,714.16 222 Walnut St Appraisal Principal $2,000.00 Advance $26,026,714.16 401-909 Franklin St Acquisition Principal $32,172.50 Advance $26,058,886.66 Administrative Expenses Principal $8,430.77 Advance $26,067,317.43 Institute For Decision Making Contract FY15 Principal $500.00 Advance $26,067,817.43 Greater Cedar Valley Alliance Contract FYE Principal $500.00 Advance $26,068,317.43 Administrative Expenses FYE 2016 Principal $8,500.00 Advance:, $26,076,817.43 `Estimated Page 7 of 7 Page 65 of 130 SCHEDULE "2" Cumulative as of June 30, 2016 Project Designation: East Waterloo Unified Tax Increment Financing District Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) No. Year Received Amount Received from Payments under Sec. 402.12(2) Other Revenue Received Cumulative Amount 1 FY 1996 $0.00 $0.00 2 FY 1997 $0.00 $0.00 3 FY 1998 $0.00 $0.00 4 FY 1999 $0.00 $0.00 5 FY 2000 $199,485.92 $199,485.92 6 FY 2001 $173,980.54 $373,466.46 7 FY 2002 $215,717.04 $589,183.50 8 FY 2003 $226,422.30 $815,605.80 9 FY 2004 $238,607.04 $1,054,212.84 10 FY2005 $329,246.96 $1,383,459.80 11 FY2006 $272,132.01 $1,655,591.81 12 FY2007 $397,671.99 $53,241.43 $2,106,505.23 13 FY2008 $637,199.62 $23,582.55 $2,767,287.40 14 FY2009 $1,069,139.97 $25,462.63 $3,861,890.00 15 FY2010 $1,316,827.13 $31,984.20 $5,210,701.33 16 FY2011 $1,456,744.28 $22,415.07 $6,689,860.68 17 FY2012 $1,548,988.55 $1,455.82 $8,240,305.05 18 FY2013 $1,747,169.21 $2,098.31 $9,989,572.57 19 FY2014 $1,733,207.11 $5,697.95 $11,728,477.63 20 FY2015 $1,992,038.57 $10,264.23 $13,730,780.43 21 FY2016 $1,959,760.57 $9,597.15 $15,700,138.15 22 FY2017*$1,959,244,00 $17,659,382.15 23 FY2018* $1,959,244.00 $19,618,626.15 *ESTIMATED Page 66 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: East Waterloo Unified TIF Urban Renewal Area Number: (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 8,100,409 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional Information: Please note that we removed $223,710 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $10,376,679.28. Please note that this report is for the new district created as a result of the merger of the Airport (District 07010) and Logan (District 07035) urban renewal areas. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 67 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: East Waterloo Unified TIF County: Black Hawk Page 1 Urban Renewal Area Number: 00000 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Administrative Expenses FYE 2016 $17,500 D'X' this box if a rebate agreement. List administrative details on lines above. 2. Greater Cedar Valley Alliance FYE 2016 $16,667 O'X' this box if a rebate agreement. List administrative details on lines above. 3. Airport Release of Property FYE 2016 $1,669.03 O'X' this box if a rebate agreement. List administrative details on lines above. 4. Con Agra Grant FYE 2016 $566.50 D'X' this box if a rebate agreement. List administrative details on lines above. 5. AMA Real Estate purchase $1,174 Date Approved*: 6/13/2016 Total Amount: 17,500 12/21/2015 16,167 3/4/14 1,669 5/26/2015 567 11/23/2015 1.174 El'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 37,077 Page 68 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: East Waterloo Unified TIF County: Black Hawk Page 2 Urban Renewal Area Number: 00000 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 6. MidPort Blvd Phase II Construction $43,518.31 El'X' this box if a rebate agreement. List administrative details on lines above. 7. MidPort BF Assessment Grant $2,789.34 D'X' this box if a rebate agreement. List administrative details on lines above. 8. TIF Merger Misc Development FYE 2016 $10,031.64 D'X' this box if a rebate agreement. List administrative details on lines above. 9. Cedar Valley Warehouse Estimate Rebate Increase : $6,494 E'X' this box if a rebate agreement. List administrative details on lines above. 10. D'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Date Approved*: 3/14/2016 Total Amount: 43,518 10/06/2014 2,789 6/13/2016 10,031 9/4/2012 6,494 Total For City TIF Form 1.1 Page 2: 62,832 * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 69 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: East Waterloo Unified TIF County: Black Hawk Page 3 Urban Renewal Area Number: 00000 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 11. UNI D'X' this box if a rebate agreement. List administrative details on lines above. 12. North Crossing, LLC 13. 14. 15. O'X' this box if a rebate agreement. List administrative details on lines above. D'X' this box if a rebate agreement. List administrative details on lines above. EI'X' this box if a rebate agreement. List administrative details on lines above. Date Approved*: 6/13/2016 Total Amount: 500 1/25/2016 8,000,000 E'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry fines are needed continue to Form 1.1 Page 4. Total For City TIF Form 1.1 Page 3: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 8,000,500 Page 70 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Airport Urban Renewal Urban Renewal Area Number: 07010 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest received during FYE16: $9,597. Advanced Heat Treat Tax Rebate Estimate Adjustment: Decrease of $2,802 ConAgra Phase II Tax Rebate Estimate Adjustment: Decrease of $30,320 Accurate Gear Tax Rebate Estimate Adjustment: Decrease of $2,780 Howard Allen Investments Tax Rebate Estimate Adjustment: Decrease of $3,862 Anthony & Chris Huff Tax Rebate Estimate Adjustment: Decrease of $1,362 Ronan & Lisa Schwickerath Tax Rebate Estimate Adjustment: Decrease of $1,108 Amount Reduced: 9,597 2,802 30,320 2,780 3,862 1,362 1,108 Rail Spur improvements GO Bond '98 Administrative Correction: Decrease of $57,188 in Interest 57,188 3,010 CPM Acquisition Tax Rebate Estimate Adjustment: Decrease of $3,010 Hydrite Chemical Tax Rebate Estimate Adjustment: Decrease of $5,218 5,218 M&R Iowa, LLC (FED EX) Tax Rebate Estimate Adjustment: decrease of $25,682.84 25,683 32,740 Remove Wagner Road Platting (funded with GO bonds instead) Avita Tax Rebate Estimate Adjustment: Decrease of $824 824 Walgreens Tax Rebate Estimate Adjustment: Decrease of $6,350 6,350 CVS Tax Rebate Estimate Adjustment: Decrease of $40,866 40,866 Total Reduction In Indebtedness For This Urban Renewal Area: 223,710 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 71 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor of expenditures that qualify for reimbursement including the release of approximately $300,000 in revenue in the FY2016 Northeast Industrial Area Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description CI City Cumulative Dec 2016 Northeast a State Certification Dec 2016 Northeast SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Action Approved Approved Type Backup Material Backup Material Date 11/16/2016 - 10:41 AM 11/16/2016 - 11:34 AM Resolution approving certification to the Black Hawk County Auditor of expenditures that qualify for reimbursement including the release of approximately $300,000 in revenue in the FY2016 Northeast Industrial Area Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 72 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Northeast Industrial Area Tax Increment Redevelopment Area Schedule 1 Indebtedness Oualifvingfor Tax Increment Reimbursement Under Section 403.19(2 No. Source Description of Indebtedness Cumulative Amount AMOUNT INCURRED Land Acquisition 8/95 Principal $245,447.90 Land Contract $245,447.90 Land Acquisition Principal $362,178.20 Land Contract $607,626.10 Sanitary Sewer FY 97-98 Principal $215,725.99 Advance $823,352.09 Dirt Credit 1997 Principal $347,400.00 Agreement $1,170,752.09 2000 - $126,796.00 2001- $63,203.00 2002 - $110,908.00 2003- $46,492.50 Engineering FY 97-00 Principal $105,796.41 G.O.Bonds $1,276,548.50 Recording fees FY 97-00 Principal $3,048.75 G.O.Bonds $1,279,597,25 Northeast Drive FY 1997 Principal $97,276.80 G.O. Bonds $1,376,874.05 T.G. Drive FY 1998 Principal $125,410.59 G.O. Bonds $1,502,284.64 R & N Investments II Rebate Principal TIF Tax Rebate $1,502,284.64 50% 2003 $0 $1,502,284.64 50% 2004 $1,502,284.64 (cancelled) 50% 2005 $1,502,284.64 50% 2006 $1,502,284.64 50% 2007 $1,502,284.64 Interstate Brands Rebate Principal TIF Tax Rebate $1,502,284.64 75% 2003 $21,999.00 $1,524,283.64 60% 2004 $18,402.00 $1,542,685.64 45% 2005 $16,027.56 $1,558,713.20 30% 2006 $0.00 $1,558,713.20 15% 2007 $0.00 $1,558,713.20 15% 2014 $15,631.00 $1,574,344.20 Financing FY 1997-2000 Interest $417,660.53 G.O. Bonds $1,992,004.73 Plat Engineering Fund 411 Principal $5,000.00 $1,997,004.73 2001 G.O. Bonds Interest $3,450.00 $2,000,454.73 GT Drive II $2,000,454.73 Fund 411- Construction Principal $182,868.00 2001 G.O. Bonds $2,183,322.73 Interest $71,963.68 $2,255,286.41 Fund412- Construction Principal $48,630.00 $2,303,916.41 2002 G.O. Bonds Interest $21,873.14 $2,325,789.55 Fund 412 -RISE Application Principal $4,500.00 2002 G.O. Bonds $2,330,289.55 Interest $3,139.00 $2,333,428.55 WIDA PY 2003 Interest $8,482.82 Contract $2,341,911.37 WIDA FY2004 Interest $10,820.89 Contract $2,352,732.26 WIDA FY2005 Interest $4,276.29 Contract $2,357,008.55 Cedar Valley FY2004 Principal $13,200.00 Contract $2,370,208.55 Cedar Valley FY2005 Principal $17,500.00 Contract $2,387,708.55 Cedar Valley FY2006 Principal $17,500.00 Contract $2,405,208.55 Cedar Valley FY2007 Principal $17,500.00 Contract $2,422,708.55 Cedar Valley FY2008 Principal $32,000.00 Contract $2,454,708.55 Cedar Valley FY2009 Principal $33,168.00 Contract $2,487,876.55 Cedar Valley FY2010 Principal $32,000.00 Contract $2,519,876.55 Cedar Valley FY2011 Principal $9,500.00 Contract $2,529,376.55 Cedar Valley FY2012 Principal $16,166.00 Contract $2,545,542.55 Cedar Valley FY2013 Principal $24,000.00 Contract $2,569,542,55 Cedar Valley FY2014 Principal $16,166.67 Contract $2,585,709.22 Cedar Valley FY2015 Principal $12,833.33 Contract $2,598,542.55 GCVA FY2016 Advance $16,166.67 Contract $2,614,709.22 Gray Transportation Rebates Principal TIF Tax Rebate $2,614,709.22 Page 73 of 130 Schedule "1" Cumulative as of June 30, 2016 Project Designation: Northeast Industrial Area Tax Increment Redevelopment Area Schedule 1 Indebtedness Oualrfving for Tax Increment Reimbursement Under Section 403.19(2 50% 2005 $31,493.93 $2,646,203.15 50% 2006 $32,391.28 $2,678,594.43 50% 2007 $26,788.28 $2,705,382.71 50% 2008 $27,139.08 $2,732,521.79 50% 2009 $28,976,01 $2,761,497.80 Ferguson Enterprises Fund 414 Principal 83,500,000.00 2004 G.O. Bonds $6,261,497.80 Interest $1,708,885,00 $7,970,382.80 Ferguson Enterprises Rebates FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Principal $392,733.25 $435,187.68 $467,334.00 $461,864.00 $462,500.00 $458,210.00 $374,184.00 $349,570.00 $328,042.00 $277,498.00 TIF Tax Rebate $7,970,382.80 $8,363,116.05 $8,798,303.73 $9,265,637.73 $9,727,501.73 $10,190,001.73 $10,648,211.73 $11,022,395.73 $11,371,965.73 $11,700,007.73 $11,977,505.73 Etringer Land Contract Principal 8350,000.00 Land Contract $12,327,505.73 FY2007 Interest $3,161,67 $12,330,667.40 FY2008 Interest $2,499.56 $12,333,166.96 OFI Properties Principal TIF Tax Rebate $12,333,166.96 50% FY2009 $52,758.13 $12,385,925.09' 50% FY2010 $54,310.00 $12,440,235.09 50% FY2011 $54,384.00 $12,494,619.09 50% FY2012 $53,880.00 $12,548,499.09 50% FY2013 $37,352.00 $12,585,851.09 Veteran Enterprises, Ltd. Principal TIF Tax Rebate $12,585,851.09 50% FY2013 $13,635.00 $12,599,486.09 50% FY2014 $39,115.00 $12,638,601.09 50% FY2015 $12,108.00 $12,650,709.09 50% FY2016 $0.00 $12,650,709.09 50% FY2017* $0.00 $12,650,709.09 Twin City Tannery Principal TIF Tax Rebate $12,650,709.09 50% FY2014 $36,866.00 $12,687,575.09 50% FY2015 $13,276.00 $12,700,851.09 50% FY2016 $7,516.00 $12,708,367.09 GMJ2 Industries, LLC $12,708,367.09 50% FY2023* - $15,918.00 $12,724,285.09 50% FY2024* $15,918:00 $12,740,203.09 50% FY2025* $15,918,00 $12,756,121.09 50% FY2026* 815,918,00 $12,772,039.09 50% FY2027* " $15,918.00 $12,787,957.09 1999 GO Bonds Refinanced- Deduct Old Debt Service Principal ($208,847.00) 1999 G.O. Bonds $12,579,110.09 Interest ($75,344.00) $12,503,766.09 2007 GO Bonds -1999 GO Bonds Refinanced - Add New Debt Svc Principal $210,281.00 2007 G.O. Bonds $12,714,047.09 Interest $58,851.00 $12,772,898.09 2007 GO Bonds Refinanced - Deduct Old Debt Service Principal (5101,668.00) 2007 G.O. Bonds $12,671,230.09 Interest ($12,064.00) $12,659,166.09 2014 GO Bonds - 2007 GO Bonds Refinanced - Add New Debt Svc Principal $96,598.00 2014 G.O. Bonds $12,755,764.09 Interest $8,997.00 $12,764,761.09 Fund 414 Taxable Reallocate Bonds for NE Site Projects - 2008 Principal ($69,651.07) 2004 G.O. Bonds $12,695,110.02 Interest ($34,007.24) $12,661,102.78 2001 GO Bonds Refinanced - Deduct Interest ($33,048.06) 2001 G.O. Bonds $12,628,054.72 2009 GO Bonds - 2001 GO Bonds Interest $9,046.22 2009 G.O. Bonds $12,637,100.94 Veterans Ent Grant Principal 8207,093.00 Advance $12,844,193.94 2002 GO Bonds Refinanced - Deduct Old Debt Service Principal ($35,000.00) 1999 G.O. Bonds $12,809,193.94 Interest (56,250.00) $12,802,943.94 2010 GO Bonds - 2002 GO Bonds Refinanced - Add New Debt Svc Principal $35,266.02 2007 G.O. Bonds $12,838,209.96 Interest $3,241.25 $12,841,451.21 2004 GO Bonds Refinanced (Fund 414) - Deduct Old Debt Service Principal (82,175,000.00) 1999 G.O. Bonds $10,666,451.21 Interest (8600,422.50) $10,066,028.71 $12,241,035.7 2011 GO Bonds - 2004 GO Bonds Principal 52,175,000.00 2011 G.O. Bonds e 74 of 130 Schedule"1" Cumulative as of June 30, 2016 Project Designation: Northeast Industrial Area Tax Increment Redevelopment Area Schedule 1 Indebtedness Quahfyingfor Tax Increment Reimbursement Under Section 403.19(2 Refinanced Interest $278,885.44 $12,519,914.15 R&B Enterprises Principal $7,000.00 Advance $12,526,914.15 McCloud Legal Expenses Principal $258,75 Advance $12,527,172.90 FY15 Administrative Expenses Principal $3,089.46 Advance $12,530,262.36 2013 GO Bonds -Taxable Principal $220,000.00 2013 G.O. Bonds $12,750,262.36 Interest $30,028.19 $12,780,290.55 2013 GO Bonds - Non Taxable Principal $50,000.00 2013 G.O. Bonds $11830,290.55 Interest $5,775.09 $12,836,065.64 2014 GO Bonds - Taxable Principal $315,000.00 2014 G.O. Bonds $13,151,065.64 Interest $46,697.50 $13,197,763.14 JDE Engineering Platting Services Principal $0,00 Contract $13,197,763.14 IDE Engineering Roadway Construction Design Principal $80,400.00 Contract $13,278,163.14 JDE Engineering Sewer and Water Main Construction CRS Advance $112500.00 Contract $13,390,663,14 NE San Sewer, Water Main Project Principal $1,211,318.00 Contract $14,601,981.14 FYE2016 Admin Expenses Advance $4,500.00 $14,606,481.14 Willard Frost Land Acquisition Principal $1,299,097.00 Contract $15,905,578.14 Page 75 of 130 EXHIBIT "B" Project Designation: Cumlative as of June 30, 2016 Northeast Industrial Area Tax Increment Redevelopment Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) No. Year Received Amount Received from Payments under Sec. 402.12(2) Other Revenue Received Cumulative Amount 1 FY 1996 $0.00 $0.00 2 FY 1997 $0.00 $0.00 3 FY 1998 $0.00 $0.00 4 FY 1999 $201,360.86 $201,360.86 5 FY 2000 $110,300.50 $311,661.36 6 FY 2001 $194,966.55 $506,627.91 7 FY 2002 $321,469.26 $828,097.17 8 FY 2003 $381,390.68 $1,209,487.85 9 FY 2004 $458,310.16 $1,667,798.01 10 FY2005 $651,752.82 $2,319,550.83 11 FY2006 $464,313.36 $2,783,864.19 12 FY2007 $1,446,002.26 $109,650.08 $4,339,516.53 13 FY2008 $1,063,218.88 $26,036.60 $5,428,772.01 14 FY2009 $891,841.05 $4,972.61 $6,325,585.67 15 FY2010 $862,108.93 $1,153.42 $7,188,848.02 16 FY2011 $665,367.52 $1,239.16 $7,855,454.70 17 FY2012 $594,439.87 $89.63 $8,449,984.20 18 FY2013 $869,000.64 $0.00 $9,318,984.84 19 FY2014 $874,260.30 $0.00 $10,193,245.14 20 FY2015 $1,475,913.82 $0.00 $11,669,158.96 21 FY2016 $1,472,906.19 ''_` $2,159.84 $13,144,224.99 22 FY2017* $1,416,517.00 $14,560,741.99 23 FY2018* $1,416517.00 $15,977,258.99 *ESTIMATE Page 76 of 130 CITY TIF FORM 7 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Northeast Industrial Urban Renewal Urban Renewal Area Number: 07015 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 133,577 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive less than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional information: Please note that we removed $364,013 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $2,761,353.15. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 77 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Page 1 Urban Renewal Area Name: Waterloo Northeast Industrial Urban Renewal Urban Renewal Area Number: 07015 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Greater Cedar Valley Alliance: $16,166.67 D'X' this box if a rebate agreement. List administrative details on lines above. 2. Administrative Expenses: $4,500 D'X' this box if a rebate agreement. List administrative details on lines above. Date Approved*: 12/21/15 Total Amount: 16,167 6/13/16 4,500 3. JDE Engineering Sanitary Sewer & Water Main Construction CRS: $112,500 12/7/15 112,500 O'X' this box if a rebate agreement. List administrative details on lines above. 4. GMJ2 Industries, LLC Tax Rebate Estimate Adjustment: $410 5. xl'X' this box if a rebate agreement. List administrative details on lines above. 5/26/2015 410 D'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 133,577 Page 78 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Northeast Industrial Urban Renewal Urban Renewal Area Number: 07015 (Use five -digit Area Number Assigned by the County Auditor) hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest received during FYE16: $2,159.84 Ferguson Enterprises, Inc. tax rebate estimate adjustment: decrease of $15,521.68 Twin City Tannery tax rebate estimate adjustment: decrease of $2,822 Veteran Enterprises, Ltd tax rebate estimate adjustment: decrease of $58,818 Refinancing savings 2014 GO 2007 refinanced: $5,070 Refinancing savings 2009 GO 2001 refinanced: $17,868 Refinancing savings 2009 GO 2001 refinanced: $517.84 NE Sanitary sewer, water main project contract decrease: $112,682 Willard Frost Land Acquisition contract decrease: $142,103 JDE Enginering Platting Services: $6,450 Amount Reduced: 2,160 15,522 2,822 58,818 5,070 17,868 518 112,682 142,103 6,450 Total Reduction In Indebtedness For This Urban Renewal Area: 364,013 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 79 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Rath Area Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description ❑ City Cumulative Dec 2016 Rath ❑ State Certification Dec 2016 Rath SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Action Approved Approved Type Cover Memo Cover Memo Date 11/16/2016 - 10:42 AM 11/16/2016 - 11:35 AM Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 Rath Area Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 80 of 130 Exhibit "A" Cumulative as of June 30, 2016 Project Designation: Rath Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) NO DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTEDNESS CUMULATIVE AMOUNT AMOUNT INCURRED Rath Demolition 7/12/90 Principal $475,000.00 G.O. Bonds $475,000.00 Interest $214,879.93 G.O. Bonds $689,879.93 Powers Manufacturing Expansion 6/12/91 Principal $150,000.00 G.O. Bonds $839,879.93 Interest $63,222.49 G.O. Bonds $903,102.42 Powers Manufacturing Expansion 5/15/92 Principal $150,000.00 G.O. Bonds $1,053,102.42 Interest $60,979.05 G.O. Bonds $1,114,081.47 Powers Manufacturing 6/94 Principal $300,000.00 G.O. Bonds $1,414,081.47 Interest $208,445.40 G.O. Bonds $1,622,526.87 Powers Manufacturing Improvements 6/95 Principal $50,000.00 G.O. Bonds $1,672,526.87 Interest $22,936.28 G.O. Bonds $1,695,463.15 Administration Fees FY 97 Principal $1,068.51 2000 GO Bonds $1,696,531.66 Recording fees FY98 Principal $1,200.00 2000 GO Bonds $1,697,731.66 Demo Grant - Crystal Interest on Advance 99-00 Principal $100,000.00 99, 00 GO Bonds $1,797,731.66 Principal $11,178.22 2000 GO Bonds $1,808,909.88 Land Improvements 3-00 Principal $12,400.00 1998 GO Bonds $1,821,309.88 Interest on $125,846.73 Interest $74,646.27 98, 99, 00 GO Bonds $1,895,956.15 Crystal Ice Rebate 75% 2002 Principal $96,488.74 Tax Rebate $1,992,444.89 60% 2003 $77,119.20 $2,069,564.09 45% 2004 $60,475.50 $2,130,039.59 30% 2005 $46,819.80 $2,176,859.39 15% 2006 $24,076.87 $2,200,936.26 Crystal II Fund 406 Principal $450,000.00 2006 GO Bonds $2,650,936.26 Interest $252,561.30 2006 GO Bonds $2,903,497.56 Crystal II Rebate 70% 2016 Principal $16,716.00 Tax Rebate $2,920,213.56 70% 2017* $16,600.00 $2,936,813.56 70% 2018* $16,600.00 $2,953,413.56 70% 2019* $16,600.00 $2,970,013.56 70% 2020* $16,600.00 $2,986,613.56 70% 2021* $16,600.00 $3,003,213.56 70% 2022* $16,600.00 $3,019,813.56 70% 2023* $16,600.00 $3,036,413.56 70% 2024* $16,600.00 $3,053,013.56 70% 2025* $16,600.00 $3,069,613.56 Rath Area Redevelopment Fund 411 6/01 Principal $115,000.00 2001 GO Bonds $3,184,613.56 Interest $54,605.87 2001 GO Bonds $3,239,219.43 Rath Area Redevelopment Fund 412 Principal $29,183.76 2002 GO Bonds $3,268,403.19 Interest $10,890.01 2002 GO Bonds $3,279,293.20 Rath Area Redevelopment Fund 413 Principal $121,885.41 2003 GO Bonds $3,401,178.61 Interest $29,182.00 2003 GO Bonds $3,430,360.61 Rath Area Redevelopment Fund 413 Principal $102,488.00 2003 GO Bonds $3,532,848.61 Interest $46,034.00 2003 GO Bonds $3,578,882.61 Rath Area Redevelopment Fund 414 Principal $75,000.00 2004 GO Bonds $3,653,882.61 Interest $32,317.50 2004 GO Bonds $3,686,200.11 Rath Area 414 Taxable Redevelopment Fund Principal $61,994.76 2004 GO Bonds $3,748,194.87 From NE Ind. Park Interest $30,268.97 2004 GO Bonds $3,778,463.84 Rath Area 414 From Development Fund Principal $6,656.31 2004 GO Bonds $3,785,120.15 NE Ind. Park Interest $3,250.34 2004 GO Bonds $3,788,370.49 1999 GO Bonds Service Refinanced - Deduct Old Debt Principal 1'$44,472.00) 1999 GO Bonds $3,743,898.49 Interest ($16,043.00) 1999 GO Bonds $3,727,855.49 1999 GO Bonds Refinanced - Add New Debt Principal $44,784.00 2007 GO Bonds $3,772,639.49 Page 81 of 130 Exhibit "A" Cumulative as of June 30, 2016 Project Designation: Rath Tax Increment Redevelopment 1 Area Schedule Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) NO DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTEDNESS CUMULATIVE AMOUNT AMOUNT INCURRED Service - Fund 407 Interest $12,532.00 2007 GO Bonds $3,785,171.49 2000 GO Bonds Refinanced - Deduct Old Debt Service Principal ($50,413.73) 1999 GO Bonds $3,734,757.76 Interest ($8,123.00) 1999 GO Bonds $3,726,634.76 2000 GO Bonds Refinanced - Add New Debt Service - Fund 407 Principal $50,413.73 2007 GO Bonds $3,777,048.49 Interest $316.00 2007 GO Bonds $3,777,364.49 Rath Area Redevelopment Fund 407 (taxable) Principal $150,000.00 2007 GO Bonds $3,927,364.49 Interest $52,301.50 2007 GO Bonds $3,979,665.99 Rath Area Redevelopment Fund 408 (taxable) Principal $100,000.00 2008 GO Bonds $4,079,665.99 Interest $27,500.00 2008 GO Bonds $4,107,165.99 Rath Area Redevelopment Fund 409 (taxable) Principal $50,000.00 2009 GO Bonds $4,157,165.99 Interest $11,665.81 2009 GO Bonds $4,168,831.80 Asbestos Removal - Rath Admin Bldg Principal $125,008.37 Advance $4,293,840.17 2001 GO Bond Original Interest - Ref Interest ($11,023.87) 2001 GO Bonds $4,282,816.30 2009 GO Bonds - 2001 GO Bonds Ref Interest $7,472.88 2009 GO Bonds $4,290,289.18 Asbestos Removal - Rath Admin Bldg Principal $122,943.56 Advance $4,413,232.74 Secor Economic Dev Grant Principal $104,400.00 Advance $4,517,632.74 Loan Document Preparation Principal $9,764.34 Advance $4,527,397.08 CMC Site Purchase Principal $155,019.00 Advance $4,682,416.08 Rath Area Redevelopment Fund 410 (taxable) Principal $350,000.00 2010 GO Bonds $5,032,416.08 Interest $67,122.08 2010 GO Bonds $5,099,538.16 Rath Area Redevelopment Fund 410 (taxable) Principal $144,000.00 2010 GO Bonds $5,243,538.16 Interest $27,764.69 2010 GO Bonds $5,271,302.85 Rath Public Works Building - Fund 410 (exempt) Principal $700,000.00 2010 GO Bonds $5,971,302.85 Interest $93,209.08 2010 GO Bonds $6,064,511.93 2002 GO Bonds Refinanced - Deduct Old Debt Service Principal ($15,183.76) 2002 GO Bonds $6,049,328.17 Interest ($2'797'01) 2002 GO Bonds $6,046,531.16 2002 GO Bonds Refinanced - Add New Debt Service - Fund 410 Principal $15,390.68 2010 GO Bonds $6,061,921.84 Interest $1,450.53 2010 GO Bonds $6,063,372.37 625 Glenwood Acquisition Principal $355.00 Advance $6,063,727.37 BCRLF Loan Repayment - CMC Clean-up Principal $280,000.00 Advance $6,343,727.37 Secor RR Spur FY11 Principal $99,111.32 Advance $6,442,838.69 123 Stanley Acquisition FY11 Principal $359,459.00 Advance $6,802,297.69 Secor RR Spur FY12 Principal $94,776.85 Advance $6,897,074.54 123 Stanley Acquisition FY12 Principal $100,000.00 Advance $6,997,074.54 1823 Black Hawk St Acquisition FY12 Principal $12,237.92 Advance $7,009,312.46 Secor RR Spur FY13 Principal $17,999.81 Advance $7,027,312.27 Secor RR Spur FY14 Principal $17,540.73 Advance $7,044,853.00 2004 GO Bonds Old Debt Service Refinanced (Fund 414) - Deduct Principal ($40,000.00) 2002 GO Bonds $7,004,853.00 Interest ($10,355.00) 2002 GO Bonds $6,994,498.00 2004 GO Bonds Debt Service Refinanced (Fund 414) - Add New Principal $40,000.00 2010 GO Bonds $7,034,498.00 - Fund 411 Interest $5,560.56 2010 GO Bonds $7,040,058.56 2006 GO Bonds Old Debt Service Refinanced (Fund 406) - Deduct Principal ($315,000.00) 2006 GO Bonds $6,725,058.56 Interest ($87,547.52 } 2006 GO Bonds $6,637,511.04 2006 GO Bonds Debt Service Refinanced(Fund 406)- Add New Principal $315,000.00 2013 GO Bonds $6,952,511.04 - Fund 413 (FY13) Interest $26,047.80 2013 GO Bonds 2003 GO Bonds Old Debt Service Refinanced and 413)- Deduct$6,978,558.84 � Principal ($54,851.41) 2006 GO Bonds $6,923,707.43 Interest ($5,749.00) 2006 GO Bonds $6,917,958.43 Page 82 of 130 Exhibit "A" Cumulative as of June 30, 2016 Project Designation: Rath Tax Increment Redevelopment Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) NO DATE OF ISSUANCE OR EXPENDITURE SOURCE DESCRIPTION OF INDEBTEDNESS CUMULATIVE AMOUNT AMOUNT INCURRED 2003 GO Bonds Refinanced (Fund 413) - Add New Debt Service - Fund 412 (FY12) Principal $54,851.41 2013 GO Bonds $6,972,809.84 Interest $1,538.19 2013 GO Bonds $6,974,348.03 2007 GO Bonds Refinanced (Fund 407) - Deduct Old Debt Service Principal ($21,652.00) 2007 GO Bonds $6,952,696.03 Interest ($2,569.00) 2007 GO Bonds $6,950,127.03 2007 GO Bonds Refinanced (Fund 407) - Add New Debt Service - Fund 414 (FY14) Principal $21,652.00 2014 GO Bonds $6,971,779.03 Interest $1,916.00 2014 GO Bonds $6,973,695.03 Rath Area Redevelopment Fund 413 (taxable) Principal $370,000.00 2013 GO Bonds $7,343,695.03 Interest $49,279.11 2013 GO Bonds $7,392,974.14 Rath Area Redevelopment Fund 414 (taxable) Principal $85,000.00 2014 GO Bonds $7,477,974.14 Interest $13,051.18 2014 GO Bonds $7,491,025.32 Rath Area Redevelopment Fund 415 (Taxable) Principal $225,000.00 2015 GO Bonds $7,716,025.32 Interest $35,100.14 2015 GO Bonds $7,751,125.46 Rath Area Redevelopment Fund 415 Principal ($220,000.00) 2016 GO Bonds $7,531,125.46 (transfer to Martin 2016). ;' Interest ($34,999.39) 2016 GO Bonds $7,496,126.07 Rath Area Fund 416 Principal $240,000.00 2016 GO Bonds $7,736,126.07 Interest $26,507.64 2016 GO Bones $7,762,633.71 Administration Expenses FY15 Principal $2,838.32 Advance $7,765,472.03 Administration Expenses FY16 Principal $2,000.00 Advance $7,767,472.03 $7,767,472.03 Page 83 of 130 EXHIBIT "B" Cumulative as of June 30, 2016 Project Designation: Rath Tax Increment Redevelopment Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) No. Year Received Amount Received from Payments under Sec. 402.12(2) Other Revenue Received Cumulative Amount 1 FY 1992 $0.00 $0.00 2 FY 1993 $0.00 $0.00 3 FY 1994 $0.00 $0.00 4 FY 1995 $0.00 $0.00 5 FY 1996 $22,881.52 $22,881.52 6 FY 1997 $24,374.46 $47,255.98 7 FY 1998 $24,812.00 $72,067.98 8 FY 1999 $44,009.63 $116,077.61 9 FY 2000 $43,454.87 $159,532.48 10 FY 2001 $90,959.54 $250,492.02 11 FY 2002 $171,794.01 $422,286.03 12 FY 2003 $199,314.21 $621,600.24 13 FY 2004 $195,574.51 $817,174.75 14 FY2005 $273,005.03 $1,090,179.78 15 FY 2006 $243,503.71 $1,333,683.49 16 FY2007 $389,654.09 $38,456.17 $1,761,793.75 17 FY2008 $395,139.29 $14,337.72 $2,171,270.76 18 FY2009 $569,358.38 $5,156.91 $2,745,786.05 19 FY2010 $574,520.69 $1,620.21 $3,321,926.95 20 FY2011 $558,081.89 $1,597.28 $3,881,606.12 21 FY2012 $540,285.80 $0.00 $4,421,891.92 22 FY2013 $401,074.75 $0.00 $4,822,966.67 23 FY2014 $398,309.97 $75.64 $5,221,352.28 24 FY2015 $306,768.82 $535.12 $5,528,656.22 25 FY2016 $327,180.82 $207.30 $5,856,044.34 26 FY2017* $365,342.00 $6,221,386.34 27 FY2018* $365,342.00 $6,586,728.34 estimates Values Page 84 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Rath Area Urban Renewal Urban Renewal Area Number: 07009 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403,19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 268,508 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1'.) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive fess than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional Information: Please note that we removed $557,091 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $1,911,427.69. Dated this 23rd day of November 2016 319,291.4323 Signature of Authorized Official Telephone Page 85 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo Urban Renewal Area Name: Waterloo Rath Area Urban Renewal County: Black Hawk Page 1 Urban Renewal Area Number: 07009 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: I. 2016 G.O. Bonds Principal: $240,000 Interest $26,507.64 Total: $266,507.64 E`X' this box if a rebate agreement. List administrative details on lines above. 2. Administrative Expenses: $2000.00 3. 4. 5. O'X' this box if a rebate agreement. List administrative details on lines above. ❑'X' this box if a rebate agreement. List administrative details on lines above. ▪ this box if a rebate agreement. List administrative details on lines above. Date Approved*: 5/23/2016 Total Amount: 266,508 6/13/2016 2,000 ▪ this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Total For City TIF Form 1.1 Page 1: **Date Approved" is the date that the local governing body initially approved the TIF indebtedness. 268,508 Page 86 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo Rath Area Urban Renewal Urban Renewal Area Number: 07009 (Use five -digit Area Number Assigned by the County Auditor) 1 hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest Earned: $207.30 Crystal II Tax Rebate Estimate Adjustment: Decrease of $301,884.00 2015 A GO Bonds Transferred to Martin Road Project Principal: 220,000 Interest: 34,999.39 Amount Reduced: 207 301,884 254,999 Total Reduction In Indebtedness For This Urban Renewal Area: 557,091 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 87 of 130 CITY OF WATERLOO Council Communication Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 San Marnan Tax Increment District and place the certification on file. City Council Meeting: 11/21/2016 Prepared: 11/17/2015 REVIEWERS: Department Planning & Zoning Clerk Office Reviewer Schroeder, Aric Higby, Nancy ATTACHMENTS: Description ❑ City Cumulative Dec 2016 San Marnan ❑ State Certification Dec 2016 San Marnan SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Action Approved Approved Type Cover Memo Cover Memo Date 11/16/2016 - 10:42 AM 11/16/2016 - 11:35 AM Resolution approving certification to the Black Hawk County Auditor expenditures that qualify for reimbursement in the FY2016 San Marnan Tax Increment District and place the certification on file. Submitted By: Noel Anderson, Community Planning & Development Director Approve In accordance with the amended provision of the State Code of Iowa, it is required that the City of Waterloo annually certify to the County Auditor its expenditures that qualify for reimbursement from the tax increment fund. N/A N/A Economic Development N/A The city has established several TIF Districts for community development. The certification of expenditures incurred in each TIF District is required to be filed with Black Hawk County in order to collect the TIF revenue. Page 88 of 130 EXHIBIT "A" June 30, 2016 Project Designation: San Marnan Tax Increment Development Area Schedule 1 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 40119(2) l No, Date Of Issuance or Expenditure Source Description of Indebtedness Cumulative Amount AMOUNT INCURRED Land Acquisition FY 1999 $548,856.00 Contract debt $548,856.00 Interest FY 02 $106,427.98 $655,283.98 Interest FY 03 $42,502.01 $697,785.99 Interest FY 04 $16,795.35 $714,581.34 Interest FY 05 $11,094.86 $176,820.20 Interest FY 06 $12,570.24 $82,962.46 Interest FY 07 $12,303.70 $52,764.15 Interest FY 08 $7,665.09 $758,215.23 Road FY 1999 Recording Fees FY 99 Principal $2,373.60 G. 0. Bonds $760,588.83 Design & Construction Eng. Principal $15,419.70 G. 0. Bonds $776,008.53 Construction of Rd & Sewer Principal $78,364.41 G. 0. Bonds $854,372.94 Financing FY 98-00 Interest $64,919.28 G. 0. Bonds $919,292.22 GMAC Tax Rebates Principal TIF Rebate 75% 2003 $126 460.50 $1 045 752.72 60% 2004 $121 497.60 $1,167,250.32 45% 2005 $105,82I.10 $1,273,071.42 30% 2006 $72,557.49 $1,345,628.91 15% 2007 $31,691.70 $1,377,320.61 VGM Tax Rebates Principal TIF Rebate 50% 2009 $50,788.00 $1,428,108.61 50^/.2010 $152,742.00 $1,580,850.61 50562011 $102,094,00 $1,682,944.61 50% 2012 $101,146.00 $1,784,090.61 50% 2013 $111,138.00 $1,895,228.61 CV Medical HQ Principal TIF Rebate 50% 2009 $117,232.07 $2,012,460.68 50%2010 $86,068.00 $2,098,528.68 50% 2011 $86,186.00 $2,184,714.68 50% 2012 $55,455.01 $2,240,169.69 50% 2013 $0,00 $2,240,169.69 WW Grainger, Inc. $2,240,169.69 100% 2012 $186,234.00 $2,426,403.69 100% 2013 $193,342.00 $2,619,745.69 100% 2014 $180,624.00 $2,800,369.69 100% 2015 $174,488.00 $2,974,857.69 100% 2016 $160,288,00 $3,135,145.69 100%2017* $166,238,00 $3,301,383.69 49%2018• $81,456.00 $3,382,839.69 Financial Resource Advisors Principal TIF Rebate $3,382,839.69 100^/, 2012 $74,596.00 $3,457,435.69 100% 2013 $72,824.00 $3,530,259.69 100%2014 $68,034.00 $3,598,293.69 100% 2015 $65,090.00 $3,663,383.69 100% 2016* $58,724.00 $3,722,107.69 100%2017* $61,338.00 $3,783,445.69 52%2018* $31,896.00 $3,815,341.69 Cardinal (2nd bld) (before split) l00% 2013 Principal TIF Rebate $100,128.00 $3,915,469.69 100%2014 $46,216.00 $3,961,685.69 100%2015 $22,240.00 $3,983,925.69 GO America Principal T1F Rebate Page 89 of 130 Page 90 of 130 EXHIBIT "A" June 30, 2016 Project Designation: San Marnan Tax Increment Development Area Schedule 1 Indebtedness Qualifying for Tax Increment Under Section 403.19(2) Reimbursement 100% 2015 $22,451.00 $4,006,376.69 100% 2016* i $39,068.00 $4,045,444.69 100% 2017* $39,454.00 $4,084,898.69 100%2018• $41,248:00 $4,126,146.69 80%2019* -f832,998,00 84,159,144.69 MBAK Principal TW Rebate 100% 2014 $57,124.00 $4,216,268.69 100 2015 854,500,00 $4,270,768.69 100% 2016 $52,576.00 $4,323,344.69 100%2017* $48,906.00 $4,372,250.69 100% 2018' $52,576.00 $4,424,826.69 100% 2019• $52,576.00 $4,477,402.69 100% 2020* $52,576.00 $4,529,978.69 36% 2021* 818,928.00 $4,548,906.69 Cardinal Veterans Clinic Principal TIF Rebate 89% 2014 $56,326.00 $4,605,232.69 89%2015 $27,073.00 $4,632,305.69 89% 2016 $77,87300. $4,710,178.69 89% 2017* $51,840.00 $4,762,018.69 89962018* $51,840.00 $4,813,858.69 89%2019' $51,840.00 $4,865,698.69 8912020• $51,840.00 $4,917,538.69 89^4 2021* $51,840.00 $4,969,378.69 89% 2022* $51,840.00 $5,021,218.69 80%2023* $51,840.00 $5,073,058.69 MFGC, LLC Principal TIF Rebate 72% 2016 825,5520.0 $5,098,610.69 71% 2017* $28,344.00 $5,126,954.69 71% 2018* $28,344.00 $5,155,298.69 71% 2019* $28,344.00 $5,183,642.69 71% 2020* $28,344.00 $5,211,986.69 71%2021* $28,344.00 $5,240,330.69 71% 2022* $28,344.00 $5,268,674.69 71% 2023* $28,344.00 $5,297,018.69 71% 2024* $28,344.00 $5,325,362,69 71% 2025* $28,344.00 $5,353,706.69 Hope Martin Anderson Principal TIF Rebate 50%2015 $13,186.00 $5,366,892.69 50 2016 $10,484.0-6 $5,377,376.69 50% 2017* $13,812.00 $5,391,188.69 50% 2018* 813,812.00. $5,405,000.69 50%2019* '813,812.00 $5,418,812.69 Green Acres Storage 82% 2019* Principal TIF Rebate $5,418,812.69 $67,21 6,00 $5,486,028.69 771 2020* $63,118,00 $5,549,146.69 75%2021* $61,478.00 $5,6I0,624.69 7512022* $61,478.00 $5,672,102.69 75%2023. $61,478.00 85,733,580.69 60%2024* $49184,00 $5,782,764.69 60%2025* $49,184.00 $5,831,948.69 CBE Land Purchase Principal $740,000.00 2005 GO Bonds $6,571,948.69 Interest $245,900.00 2005 GO Bonds $6,817,848.69 VGM Access Road Principal $600,000.00 2005 GO Bonds $7,417,848.69 Interest $197,330.00 2005 GO Bonds $7,615,178.69 VGM Fund 406 - FY2006 Principal $400,000.00 2006 GO Bonds $8,015,178.69 Interest $223,315.02 2006 GO Bonds $8,238,493.71 San Fund Marnan Development Principal $100,000.00 2007 GO Bonds $8,338,493.71 407 FY2007 Interest $35,153.50 2007 GO Bonds $8,373,647.21 San Marnan Development Principal $200,000.00 2008 GO Bonds $8,573,647.21 Page 90 of 130 EXHIBIT "A" June 30, 2016 Project Designation: San Marnan Tax Increment Development Area Schedule 1 Indebtedness Qualifying for Tax Increment Under Section 403.19(2) Reimbursement Fund 408 FY2008 Interest $59,000.00 2008 GO Bonds $8,632,647.21 San Marnan Development - Fund 406 - Refund old Debt Principal ($280,000.00) 2006 GO Bonds $8,352,647,21 Interest ($76,862.50) 2006 GO Bonds $8,275,784.71 San Marnan Development - Fund 413 - Refinance 406 Funds Principal $280,000.00 2013 GO Bonds $8,555,784.71 Interest $23,153.60 2013 GO Bonds $8,578,938.31 San Marnan Development - Fund 405 - Refund old Debt Principal ($355,000.00) 2005 GO Bonds $8,223,938.31 Interest ($66,865,00) 2005 GO Bonds $8,157,073.31 San Marnan Development - Fund 412 - Refinance 406 Funds Principal $355,000.00 2012 GO Bonds $8,512,073.31 Interest $35,569.00 2012 GO Bonds $8,547,642.31 San Marnan Development - Fund 405 - Refund old Debt Principal ($445,000.00) 2005 GO Bonds $8,102,642.31 Interest ($84,160.00) 2005 GO Bonds $8,018,482.31 San Marnan Development - Fund 412 - Refinance 406 Funds Principal $445,000.00 2012 GO Bonds $8,463,482.31 Interest $44,575.97 2012 GO Bonds $8,508,058.28 Tower Park Dr & Sewer - FY 2000 - Refund old Debt principal ($57,420.00) 2000 GO Bonds $8,450,638.28 interest ($17,678.00) 2000 GO Bonds $8,432,960.28 Tower Park Dr & Sewer - Fund 407 - Refinance FY 00 Funds principal $57,420.00 2007 GO Bonds $8,490,380.28 interest $2,232.00 2007 GO Bonds $8,492,612.28 Fund 407 - Reallocated from Logan Ave Principal $19,140,80 2007 GO Bonds $8,511,753.08 Interest $6,786.57 $8,518,$39.65 Fund 407 - Reallocated from Martin Rd Principal $48,071.35 2007 GO Bonds 88,566,611.00 Interest $17,044.18 $8,583,655.18 Fund 408 - Reallocated from Logan Ave Principal $75,000.00 2008 GO Bonds $8,658,655.18 Interest $23,750.00 $8,682,405.18 Fund 408 - Reallocated from Martin Rd Principal $80,000.00 2008 GO Bonds $8,762,405.18 Interest $25,000.00 $8,787,405.18 L&H Farms Advance $439,179.20 Advance $9,226,584.38 Dry Run Sewer Study (FY10) Advance $19.69 Advance $9,226,604.07 Dry Run Sewer Study (FY11) Advance $9,539.75 Advance $9,236,143.82 L&H Farms Advance $751,943.25 Advance $9,988,087.07 Env. Site Assessment Advance $5,999.28 Advance $9,994,086.35 FY12 GCVA Principal $16,167.00 Contract $10,010,253.35 FY13 GCVA Principal $24,000.00 Contract $10,034,253.35 FY14 GCVA Principal $16,166.66 Contract $10,050,420.01 FY16 GCVA Principal $12,833.34 Contract $10,063,253.35 FY16 GCVA Advance $16,166.67 Contract $10,079,420,02 FY13 L&H Farms Advance $334,109.50 Advance $10,413,529.52 FY14 L&H Farms Advance $857,909.51 Advance $11,271,439.03 FY15 L&H Farms Advance $132,410.50 Advance $11,403,849.53 FY16 L&H Farms Advance $734,031.74 $12,137,881.27 FY15 Administrative Expenses Advance $6,253.74 Advance $12,144,135.01 FY16 Administrative Expenses Advance $4,600.00 $12,148,735.01 South Wloo Bus Park Site Cert. Advance $27,895.59 $12,176,630.60 San Marnan Management, Ltd. Grant Advance $750,000.00 Advance $12,926,630.60 Galectic/Fitzway Dr Extension Advance $48,572.00 Advance $12,975,202.60 Fisher Drive Sewer Ext. Advance 833 786,00 Advance $13,008,988.60 * Estimated Page 91 of 130 EXHIBIT "B" June 30, 2016 Project Designation: San Marnan Tax Increment Development Area Schedule 2 Indebtedness Qualifying for Tax Increment Reimbursement Under Section 403.19(2) No. Year Received Amount Received from Payments under Other Revenue Received Cumulative Amount 1 FY 1997 $0.00 $0.00 2 FY 1998 $0.00 $0.00 3 FY 1999 $0.00 $0.00 4 FY 2000 $0.00 $0.00 5 FY 2001 $0.00 $0.00 6 FY 2002 $115,934.72 $115,934.72 7 FY 2003 $146,872.14 $180,000.00 $442,806.86 8 FY 2004 $177,843.34 $620,650.20 9 FY 2005 $205,851.80 $826,502.00 10 FY2006 $214,330.06 $1,040,832.06 11 FY2007 $199,764.79 86,118.47 $1,246,715.32 12 FY2008 $395,258.07 $10,724.47 $1,652,697.86 13 FY2009 $690,16190 $1,252.06 $2,344,111.82 14 FY2010 $715,267.61 $943.98 $3,060,323.41 15 FY2011 $898,340.12 $353.67 $3,959,017.20 16 FY2012 $1,057,234.37 $995.06 $5,017,246.63 17 FY2013 $1,240,893.60 $345.77 $6,258,486.00 18 FY2014 $1,181,125.96 $1,402.62 $7,441,014.58 19 FY2015 $1,220,486.74 $469.62 $8,661,970.94 20 FY2016 $1,244,835.16 $1,943.51 $9,908,749.61 21 FY2017* $1,244,835.16 $11,153,584.77 22 FY2018* $1,244,835.16 $12,398,419.93 *Estimated Page 92 of 130 CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION Cover Sheet CODE OF IOWA SECTION 403.19 TAX INCREMENT FINANCING (TIF) INDEBTEDNESS CERTIFICATION TO COUNTY AUDITOR Due To County Auditor By December 1 Prior To The Fiscal Year TIF Increment Tax Is Requested Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo San Marnan Urban Renewal Urban Renewal Area Number: 07030 (Use five -digit Area Number Assigned by the County Auditor) 1 hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above the City has outstanding loans, advances, indebtedness, or bonds, none of which have been previously certified, in the collective amount shown below, all of which qualify for repayment from the special fund referred to in paragraph 2 of Section 403.19 of the Code of Iowa. Urban Renewal Area Indebtedness Not Previously Certified*: $ 1,332,886 *There must be attached a supporting itemized listing of the dates that individual loans, advances, indebtedness, or bonds were initially approved by the governing body. (Complete and attach 'CITY TIF FORM 1.1',) The County Auditor shall provide the available TIF increment tax in subsequent fiscal years without further certification until the above -stated amount of indebtedness is paid to the City. However, for any fiscal year a City may elect to receive Tess than the available TIF increment tax by certifying the requested amount to the County Auditor on or before the preceding December 1. (File 'CITY TIF FORM 2' with the County Auditor by the preceding December 1 for each of those fiscal years where all of the TIF increment tax is not requested.) A City reducing certified TIF indebtedness by any reason other than application of TIF increment tax received from the County Treasurer shall certify such reduced amounts to the County Auditor no later than December 1 of the year of occurrence. (File 'CITY TIF 'FORM 3' with the County Auditor when TIF indebtedness has been reduced by any reason other than application of TIF increment tax received from the County Treasurer.) Notes/Additional Information: Please note that we removed $95,975 in debt reductions and revenue adjustments using Form 3 that did not carry to this form. Net debt outstanding at 6/30/2016 should be $3,100,238.99. Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 93 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo San Marnan Urban Renewal Page 1 Urban Renewal Area Number: 07030 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 1. Greater Cedar Valley Alliance: $16,166.67 X' this box if a rebate agreement. List administrative details on lines above. 2. L&H Farms: $734031.74 El'X' this box if a rebate agreement. List administrative details on lines above. 3. GO America tax rebate estimate adjustment: $71,950 4 years at 100%, 1 year at 80%. Q'X' this box if a rebate agreement. List administrative details on lines above. 4. Administrative Expenses: $4600 D'X' this box if a rebate agreement. List administrative details on lines above. 5. South Waterloo Business Park Site Cert.: $27,895.59 I:1'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 2. Date Approved*: 12/21/15 Total Amount: 16,166 12/21/15 734,032 4/13/15 71,950 6/13/16 4,600 6/13/16 27,896 Tota[ For City TIF Form 1.1 Page 1: 854,644 * "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 94 of 130 CITY TIF FORM 1.1 - To be attached to CITY TIF FORM 1 - INDEBTEDNESS CERTIFICATION TIF INDEBTEDNESS NOT PREVIOUSLY CERTIFIED ELIGIBLE FOR TAX COLLECTIONS NEXT FISCAL YEAR City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo San Marnan Urban Renewal Page 2 Urban Renewal Area Number: 07030 (Use five -digit Area Number Assigned by the County Auditor) Individual TIF Indebtedness Type/Description/Details: 6. Hope Martin Anderson: $65106 5 years at 50% EX 'X' this box if a rebate agreement. List administrative details on lines above. 7. Green Acres Storage: $413,136 8. 9. 10. Year 1 at 82%, Year 2 at 77%, Year 3-5 at 75%, and Year 6-7 at 60% X' this box if a rebate agreement. List administrative details on lines above. D'X' this box if a rebate agreement. List administrative details on lines above. D'X' this box if a rebate agreement. List administrative details on lines above. Date Approved*: 218/10 Total Amount: 65,106 6/1/15 413,136 U'X' this box if a rebate agreement. List administrative details on lines above. If more indebtedness entry lines are needed continue to Form 1.1 Page 3. Total For City TIF Form 1.1 Page 2: 478,242 "Date Approved" is the date that the local governing body initially approved the TIF indebtedness. Page 95 of 130 CITY TIF FORM 3 TIF INDEBTEDNESS HAS BEEN REDUCED BY REASON OTHER THAN APPLICATION OF TIF INCREMENT TAX RECEIVED FROM THE COUNTY TREASURER CERTIFICATION TO COUNTY AUDITOR Use One Certification Per Urban Renewal Area City: Waterloo County: Black Hawk Urban Renewal Area Name: Waterloo San Marnan Urban Renewal Urban Renewal Area Number: 07030 (Use five -digit Area Number Assigned by the County Auditor) I hereby certify to the County Auditor that for the Urban Renewal Area within the City and County named above, the City has reduced previously certified indebtedness, by reason other than application of TIF increment tax received from the County Treasurer, by the total amount as shown below. Provide sufficient detail so that the County Auditor will know how to specially administer your request. For example, you could have multiple indebtedness certifications in the Urban Renewal Area, and the County Auditor would need to know which particular indebtedness certifcation(s) to reduce. If rebate agreements are involved with a reduction, and the County has segregated the rebate property into separate TIF Increment taxing districts, provide the five -digit county increment taxing district numbers for reference. Individual TIF Indebtedness Type/Description/Details: Interest received during FYE16: $1,943.51 Fisher Or Sewer Extension Contract Adjustment: Decrease of $363 Cardinal (2nd bldg) Tax Rebate Estimate Adjustment: Decrease of $80,818 WW Grainger Tax Rebate Estimate Adjustment: Decrease of $5,950 Cardinal Veterans Clinic Tax Rebate Estimate Adjustment: Decrease of $1,040 MFGC, LLC Tax Rebate Estimate Adjustment: Decrease of $2,190 MBAK Tax Rebate Estimate Adjustement: Decrease of $3,670 Amount Reduced: 1,944 363 80,818 5,950 1,040 2,190 3,670 Total Reduction In Indebtedness For This Urban Renewal Area: 95,975 Dated this 23rd day of November 2016 319.291.4323 Signature of Authorized Official Telephone Page 96 of 130 CITY OF WATERLOO Council Communication Resolution approving a contract with HR Green for a Phase I Environmental Site Assessment of city owned property generally located west of the waste water treatment lagoon along Northeast Drive in the amount of $2,900. City Council Meeting: 11/21/2016 Prepared: 11/16/2016 REVIEWERS: Department Planning & Zoning Clerk Office ATTACHMENTS: Description o Contract EI Aerial Photo SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Reviewer Schroeder, Aric Higby, Nancy Action Approved Approved Type Cover Memo Cover Memo Date 11/16/2016 - 1:15 PM 11/16/2016 - 1:19 PM Resolution approving a contract with HR Green for a Phase I Environmental Site Assessment of city owned property generally located west of the waste water treatment lagoon along Northeast Drive in the amount of $2,900. Submitted By: Noel Anderson -Community Planning and Development Director To approve and authorize the contract in the amount of $2,900. The City of Waterloo is working with a prospect who may locate to this site and has asked the city to conduct a Phase I Environmental Site Assessment (ESA) before making a decision on the location. $2,900.00. North East TIF Funds and Bonds Economic Development/Infill Development N/A S 1/2 NW SE EXC E 66 FT SEC 20 T 89 R 12 AND EXC FOR THAT PART CONVEYED TO THE CITY OF WATERLOO B 571 P 613 And, PART OF SW 1/4 & SE 1/4 SEC 20 T 89 R 12 THAT PART OF NE 1/4 NE 1/4 SW 1/4 SAID SEC LYING S OF RR ALSO THAT PART OF N 1/2 NW 1/4 SE 1/4 SAID SEC LYING S OF RR SEC 20 T 89 R 12 EXC THAT PART NE NE SW ALSO THAT PART NW NW SE ALL IN SEC 20 T 89 R 12 LYING WLY OF LINE PARALLEL WITH AND 75 FT W OF Page 97 of 130 Legal Descriptions: CENTERLINE OF NORTHEAST DR ALSO LYING SLY OF UNION PACIFIC RAILROAD ROW COM NE COR SW SEC 20 TH S 663.33 FT TO SE COR NE NE SW SEC 20 BEING PT OF BEG TH N 89 DEG 35 MIN 45 SEC W 575.62 FT ALONG S LINE TH N 79 DEG 44 MIN 24 SEC E 996.48 FT TH S 84.39 FT TH S 98.02 FT ALONG A 502.96 FT RADIUS CURVE CONCAVE WLY SAID CURVE HAVING 97.87 FT CHORD BEARING S 5 DEG 20 MIN 27 SEC W TO S LINE OF NW NW SE SEC 20 TH N 89 DEG 57 MIN 35 SEC W 396.16 FT ALONG S LINE TO PT OF BEG Page 98 of 130 HRGreen Simple Scope Short Form Agreement Project: Northeast Industrial Park Phase I ESA PINs 8912-20-401-004 and 8912-20-401-008 Waterloo, IA Client: Contact: Title: Address: City/State/Zip: Phone No. Project No: 160315 Date: City of Waterloo Noel Anderson Community Planning and Development Director 715 Mulberry Street Waterloo, IA 50703 319-291-4366 11/14/2016 The CLIENT agrees to employ HR Green, Inc. (COMPANY) to perform the following services: COMPANY will conduct a Phase I Environmental Site Assessment (ESA) on approximately 19.99 acres of real estate generally located southeast of the intersection of Martin Luther King Jr. Drive and Northeast Drive, Waterloo, Black Hawk County, Iowa and described as by the Black Hawk County Assessor's Office as PINs 8912-20-401-004 and 8912-20-401-008. The Phase I ESA will be competed according to ASTM E1527-13 Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process. The Phase I ESA report will be made available by November 18, 2016 assuming a contract signature date of no later than November 14, 2016. This delivery date is contingent upon timely completion of the user questionnaire and owner interview form and ready access to the property. It is assumed that the CLIENT permits access to the property. Delivery of this report will be equitably adjusted according to any delays experienced during the project which are caused by CLIENT, sub -consultants, coordinating agencies or access concerns. COMPANY will be compensated at standard hourly rates to reschedule activities delayed by the CLIENT or agencies coordinating with the CLIENT or project. This agreement assumes the completion of a "traditional" Phase I ESA. COMPANY will be compensated at standard hourly rates for time spent acquiring any out of scope necessary permits and access agreements on behalf of the CLIENT. CLIENT agrees to pay for any out of scope fee required by the project. If CLIENT elects to terminate project at any time prior to COMPANY's final invoice, CLIENT agrees to compensate COMPANY for time spent on project using the COMPANY's standard hourly rates. Exhaustive recorded land title records search is not included in this fee. It is assumed that this item is addressed by CLIENT. If an update to the Phase I report for inclusion of CLIENT attorney opinion of title is requested, it may be included if the estimated fee has not yet been reached. Otherwise, a change order will be required. Revised (10-2014) Page 99 of 130 Short Form Agreement Phase I Environmental Site Assessment 11/14/2016 Page 2 of 3 Hourly rates with a maximum not -to -exceed sum in the amount of $2,900 ® Reimbursable Expenses Included ® Subconsultant Services Included ❑ Prepayment Required for Services to Commence Services provided by COMPANY under this Agreement will be performed in a manner consistent with that degree of care and skill ordinarily exercised by members of the same profession currently practicing at the same time and in the same or similar locality. Nothing contained in this Agreement shall create a contractual relationship with or a cause of action in favor of a third party against either the CLIENT or the COMPANY. COMPANY's services under this Agreement are being performed solely for the CLIENT's benefit, and no other party or entity shall have any claim against COMPANY because of this Agreement or the performance or nonperformance of services hereunder. The CLIENT and COMPANY agree to require a similar provision in all contracts with contractors, subcontractors, subconsultants, vendors and other entities involved in this project to carry out the intent of this provision. In an effort to resolve any conflicts that arise during the design or construction of the project or following the completion of the project, the CLIENT and COMPANY agree that all disputes between them arising out of or relating to this Agreement shall be submitted to non-binding mediation unless the parties mutually agree otherwise. The CLIENT and COMPANY further agree to include a similar mediation provision in all agreements with independent contractors and consultants retained for the project and to require all independent contractors and consultants also to include a similar mediation provision in all agreements with subcontractors, sub -consultants, suppliers or fabricators so retained, thereby providing for mediation as the primary method for dispute resolution between the parties to those agreements. If litigation arises for purposes of collecting fees or expenses due under this Agreement, the Court in such litigation shall award reasonable costs and expenses, including attorney fees, to the party justly entitled thereto. In awarding attorney fees, the Court shall not be bound by any Court fee schedule, but shall, in the interest of justice, award the full amount of costs, expenses, and attorney fees paid or incurred in good faith. All reports, plans, specifications, field data, field notes, laboratory test data, calculations, estimates and other documents including all documents on electronic media prepared by COMPANY as instruments of service shall remain the property of COMPANY. All project documents including, but not limited to, plans and specifications furnished by COMPANY under this project are intended for use on this project only. Any reuse, without specific written verification or adoption by COMPANY, shall be at the CLIENT'S sole risk, and CLIENT shall defend, indemnify and hold harmless COMPANY from all claims, damages and expenses including attorney's fees arising out of or resulting therefrom. Under no circumstances shall delivery of electronic files for use by the CLIENT be deemed a sale by the COMPANY, and the COMPANY makes no warranties, either express or implied, of merchantability and fitness for any particular purpose. In no event shall the COMPANY be liable for indirect or consequential damages as a result of the CLIENT's use or reuse of the electronic files. Because electronic file information can be easily altered, corrupted, or modified by other parties, either intentionally or inadvertently, without notice or indication, COMPANY reserves the right to remove itself from of its ownership and/or involvement in the material from each electronic medium not held in its possession. CLIENT shall retain copies of the work performed by COMPANY in electronic form only for information and use by CLIENT for the specific purpose for which COMPANY was engaged. Said material shall not be used by CLIENT or transferred to any other party, for use in other projects, additions to this project, or any other purpose for which the material was not strictly intended by COMPANY without COMPANY's expressed written permission. Any unauthorized use or reuse or modifications of this material shall be at CLIENT'S sole risk. Furthermore, the CLIENT agrees to defend, indemnify, and hold COMPANY harmless from all claims, injuries, damages, losses, expenses, and attorneys fees arising out of the modification or reuse of these materials. The CLIENT agrees that the General Contractor is solely responsible for job site safety, and warrants that this intent shall be made evident in the CLIENT's Agreement with the General Contractor. The CLIENT also agrees that the CLIENT, Revised (10-2014) Page 100 of 130 Short Form Agreement Phase I Environmental Site Assessment 11/14/2016 Page 3 of 3 COMPANY and COMPANY's consultants shall be indemnified and shall be made additional insureds on the General Contractor's and all subcontractor's general liability policies on a primary and non-contributory basis. The CLIENT shall make no claim for professional negligence, either directly or in a third party claim, against COMPANY unless the CLIENT has first provided COMPANY with a written certification executed by an independent design professional currently practicing in the same discipline as COMPANY and licensed in the State in which the claim arises. The CLIENT agrees, to the fullest extent permitted by law, to limit the liability of COMPANY and COivIPANY's officers, directors, partners, employees, shareholders, owners and subconsultants to the CLIENT for any and all claims, losses, costs, damages of any nature whatsoever or claims expenses from any cause or causes, including attorneys' fees and costs and expert witness fees and costs, so that the total aggregate liability of COMPANY and its officers, directors, partners, employees, shareholders, owners and subconsultants to all those named shall not exceed $ 10,000. It is intended that this limitation apply to any and all liability or cause of action however alleged or arising, unless otherwise prohibited by law. Invoices for COMPANY's services shall be submitted, on a bimonthly basis. Invoices shall be due and payable upon receipt. If any invoice is not paid within 15 days, COMPANY may, without waiving any claim or right against the CLIENT, and without liability whatsoever to the CLIENT suspend or terminate the performance of services. The retainer shall be credited on the final invoice. Accounts unpaid 30 days after the invoice date may be subject to a monthly service charge of 1.5% (or the maximum legal rate) on the unpaid balance, In the event any portion of an account remains unpaid 60 days after the billing, COMPANY may institute collection action and the CLIENT shall pay all costs of collection, including reasonable attorney's fees. The COMPANY is not a Municipal Advisor registered with the Security and Exchange Commission (SEC) as defined in the Dodd -Frank Wall Street Reform and Consumer Protection Act. When the CLIENT is a municipal entity as defined by said Act, and the CLIENT requires project financing information for the services performed under this AGREEMENT, the CLIENT will provide the COMPANY with a letter detailing who their independent registered municipal advisor is and that the CLIENT will rely on the advice of such advisor. A sample letter can be provided to the CLIENT upon request. This agreement is approved and accepted by the CLIENT and COMPANY upon both parties signing and dating the agreement. Services will not begin until COMPANY receives a signed agreement. The effective date of the agreement shall be the last date entered below. City of Waterloo 715 Mulberry Street Waterloo, IA 50703 HR GREEN, INC. 8710 Earhart Ln SW Cedar Rapids, Iowa 52404 Accepted by: Approved by: Printed/ Printed/ Typed Name: Typed Name: Title: Title: Date: Date: Revised (10-2014) "//406 Page 101 of 130 11/16/2016 Printable Map Output Page 102 of 110 Black Hawk County Parcel Map Parcel ID: 8912-20-401-004 Deed Holder: CITY OF WATERLOO Legal: S 1/2 NW SE EXC E 66 FT SEC 20 T 89 R 12 AND EXC FOR THAT _ .:.= , I �t{aTDR, - i — to 2 r f . TA 1,41•69k742.0 sIna Ste• .e+ k: 1.0 " • Q ° l4ti.! ^"Y 4. "f71/1 l k 1,{q oultc, iii fp ,is I i VIM 11111 1M11 •1. fir. . ,, ;.11a '.t. w }ryf.i 7 •111 �.yli�ikOwli . -.4i 1 _6• t fib..^ • •4 T'.+ :�-:Y4+ ' 'l w` 1:1 tr: -Z! 1 isWn , .4 , '.I • `-F y}b „ trh '.,k fi} �'"• I`'' :} f' E . h.�R•r ; ',s, .a 'fit - 1� •� y +,P W 1 '.VW LST . r 2 • c•- .—..st. .' -c.- ��_ —. ! e 7 y •a ♦.- 4, Y f a '. J " ,.t .1' ` a. E h( 1VJ +� ,• ,�g,y Y 4+'�'erl S• l._ kr`A'^ wok..,` r.• � t s , _ t !t f� , r • r •-`°'>L I ell .I te . INDEPENDENCE AVE, t lifet' •- _-fi • ...__ . . — a.•..i .1 - ."i ...,a .5-,�1 1..,;- 4r -k. fir. F7i "f�• F '1. iIw rQ.tpl RR ry�lf � fl � _ Le9orsd Solaced readname_ Features Aerial Phsios ��jj hospilaf Brack Harr* 9.�{{Jd- ,report firedepl parks_ parks1'tDCR.• bvprog ' Railroads Townships �.• Boctlons 0 Parcels h,% Rights or -Way Township ",./ Chy Lines railroad dim mneme_ roadtllm wato-mame_ Co. _ - R - V' ,s .'rl� ' -- r"'°.r ?+"• 4e lr .w rr rh ` Y. , 4 11. � • r1 ; Ir ;A c ttlk,k'it`o MipsrsalodrrAhAAS 350 ���f - GdpyriphiiCl 19t�1 CStlln:.t4LQ. Black Hawk County, Iowa 316 East 5th Street Waterloo, lowa 50703-4774 Phone: (319) 833-3002 Fax: (319) 833-3070 E-mail: auditor(n�co.black-hawk.ia.us orq_ Map Disclaimer: This snap does not represent a survey. No liability is assumed for the accuracy of the data delineated herein, either expressed or implied by Black Hawk County, the Black Hawk County Assessor or their employees, This map is compiled from official records, including plats, surveys, recorded deeds, and contracts, and only contains information required for local govemment purposes. See the recorded documents for more detailed legal information. Page 102 of 110 CITY OF WATERLOO Council Communication Resolution approving Supplemental Agreement No. 3 with AECOM for a net increase in the amount of $14,500.00 for the Belt Filter Press Addition, Contract No. 869, and authorize the Mayor and City Clerk to execute said document. City Council Meeting: 11/21/2016 Prepared: 11/17/2016 REVIEWERS: Department Waste Management Clerk Office Reviewer Hoambrecker, Steven Higby, Nancy Action Approved Approved ATTACHMENTS: Description Type o Supplemental Agreement No. 3 belt press Cover Memo SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Date 11/17/2016 - 1:58 PM 11/17/2016 - 3:58 PM Resolution approving Supplemental Agreement No. 3 with AECOM for a net increase in the amount of $14,500.00 for the Belt Filter Press Addition, Contract No. 869, and authorize the Mayor and City Clerk to execute said document. Submitted By:Steven Hoambrecker, Director, Waste Management Services Approve Supplemental Agreement No. 3 to AECOM for a net increase in the amount of $14,500.00 for the Belt Filter Press Addition , Contract No. 869 and authorize the Mayor and City Clerk to execute said document. Contract period extended and additional work added. $14,500.00 Page 103 of 130 Letter of Transmittal TO: Waterloo Pollution Control Operations 3505 Easton Avenue Waterloo, Iowa 50702 WE ARE SENDING YOU: ❑x Attached ❑ Shop Drawings ❑ Copy of Letter ❑ Prints ❑ Change Order AECOM DA I'E: November 15, 2016 JOB ID NO.: 60339164 ATTENTION: Mr. Steve Hoambrecker RE: Waterloo Easton WPCF Belt Press Addition ❑ Under separate cover via ❑ Plans ❑ Samples the following items: ❑ Specifications COPIES DATE NO. DESCRIPTION 2 Supplemental Agreement No. 3 for Above -Referenced Project THESE ARE TRANSMITTED AS CHECKED BELOW: ❑ For approval ❑ For your use ❑ As requested ❑ Approved as submitted ❑ Resubmit copies for approval ❑ Approved as noted ❑ Submit copies for distribution ❑ Returned for corrections ❑ Return corrected prints ❑ For review and comment ❑ ❑ For Bids due 20 ❑ Prints returned after loan to us REMARKS: Upon your review and approval. please return one (1) executed supplemental agreement for our files. We look forward to continuing to work with the City of Waterloo on this project. COPY TO: SIGNED: / 44 If enclosures are not as noted, kindly notify us at once. Ross A. Hillsman, 501 Sycamore Street, Suite 222 • P.O. Box 1497 • Waterloo, Iowa 50704-1497 • (319) 232-6531 • Fax: (319) 232-0271 Page 104 of 130 AECOM AECOM 319-232-6531 tel 501 Sycamore Street 319-232-0271 fax Suite 222 Waterloo, Iowa 50703 www.aecom.com CITY OF WATERLOO WATERLOO EASTON WPCF BELT PRESS ADDITION SUPPLEMENTAL AGREEMENT NO. 3 WHEREAS, a Professional Service Agreement was entered into by the City of Waterloo (Client), 715 Mulberry Street, Waterloo, Iowa, and AECOM Technical Services, Inc. (ATS), 501 Sycamore Street, Suite 222, Waterloo, Iowa, dated April 24, 2013, for design and bidding services for the addition of a belt press and related equipment at the Easton Water Pollution Control Facility (WPCF); and WHEREAS, the Client and ATS entered into Supplemental Agreement No. 1 on November 26, 2013,10 include additional engineering services; and WHEREAS, the Client and ATS entered into Supplemental Agreement No. 2 on January 13, 2015, for construction -related services; and WHEREAS, the Client and ATS now desire to enter into Supplemental Agreement No. 3 for additional construction -related services due to additional work added to the scope of the project and the construction of the project extending beyond the original completion date of March 1, 2016; and NOW THEREFORE, it is mutually agreed to amend the original Professional Service Agreement as follows: 1. PROJECT DESCRIPTION The project consists of additional construction -related services described herein provided by ATS for the Client. The project is for the construction of the Belt Filter Press Addition at the Client's WPCF as shown and described in the Contract Documents. II. SCOPE OF SERVICES The Scope of Services to be performed includes additional time to complete the following tasks (from original agreement) due to extension of the construction period and additional work added to the scope of the project: Task 1. Review shop drawings and other submittals as required of the Contractor by the contract documents for conformance with the design concept of the project and compliance with the information given in the contract documents. Task 2. Answer design interpretation questions from the Client, Contractor, review staff and appropriate agencies. Task 3. Process monthly applications for payment submitted by the Contractor and forward to the Client for execution with recommendations for approval and payment. Task 4. Witness/provide, where applicable, field testing of the facilities furnished under the contract to assist in determining conformance with the contract documents. Page 105 of 130 AECOM Page 2 Task 5. Assist the Client and Contractor in preparing and processing contract change orders. Task 6. Provide periodic field observation during construction to review the work of the Contractor to determine if the work is proceeding in general accordance with the contract documents and that completed work appears to conform to the contract documents. Task 7. Report to the Client any work believed to be unsatisfactory, faulty or defective or does not conform to the contract documents, and advise Client of any work that should be corrected or rejected. Task 8. Consider and evaluate Contractor's suggestions for modifications and report them with recommendations to the Client. Task 9. Maintain files for correspondence, reports of the job conferences, shop drawings and sample submissions, reproductions of original contract documents including addenda, change orders, field modifications, additional drawings issued subsequent to the execution of the contract, Engineer clarifications and interpretations of the contract documents, progress reports and other project -related documents. Task 10. Compile Equipment Manufacturer's and Vendors Operation & Maintenance (O&M) material from Contractor and distribute two sets of O&M manuals to the Client at the completion of the project. Task 11. Coordinate and attend one -day training and start-up sessions by Contractor and equipment manufacturer(s) to orient Client's operating personnel in operation of the facilities. Task 12. Participate in a review of the project with the Client and review staff near project completion and prepare a list of items to be completed or corrected. Task 13. Participate in a field observation of the completed project with the Client and review staff before a final application for payment is processed for the Contractor, Task 14. Provide the Client with a copy of revised drawings of the constructions plans for the project based on the construction observation records of the review staff and Contractor showing those changes made during construction considered significant. Task 15. Assist the Client with the final close-out documentation from the Contractor. III. COMPENSATION Compensation for the above services will be on an hourly basis in accordance with Part VI of the original agreement. Total compensation is a not -to -exceed fee of Fourteen Thousand Five Hundred Dollars ($14,500.00) and is to be integrated with the fees in Supplemental Agreement No. 2. IV. In all other aspects, the obligations of the Client and ATS shall remain as specified in the Professional Services Agreement dated April 24, 2013. Page 106 of 130 AECOM Page 3 IN WITNESS WHEREOF, the parties hereto have executed this Supplemental Agreement No. 3 as of the dates shown below: AECOM TECHNICAL SERVICES INC. By Douglas W. chindel, P.E. Associate Vice President CITY OF WATERLOO Date November 15, 2016 By Date 0:IAdministration\AGREE\SUPPLE\SA3 Wal Easton WPCF Belt Press.doc Page 107 of 130 CITY OF WATERLOO Council Communication Martin Road Development Plan Amendment No. 5 Expansion Area, to expand the boundaries of the TIF area. City Council Meeting: 11/21/2016 Prepared: 11/8/2016 REVIEWERS: Department Reviewer Action Date Planning & Zoning Schroeder, Aric Approved 11/8/2016 - 5:56 PM Clerk Office Felchle, Kelley Approved 11/9/2016 - 2:48 PM ATTACHMENTS: Description Type ❑ P&Z Commission Memo Backup Material ❑ Amendment No. 5 Backup Material SUBJECT: Motion to receive, file, consider and pass for the second time an Ordinance providing that general property taxes levied and collected each year on all property located within the newly expanded Martin Road Development Plan Area, in 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 and indebtedness, including bonds issued or to be issued, incurred by said City in connection with said urban renewal Project. Motion to suspend the rules. Motion to consider and pass for the third time and adopt the ordinance. Submitted by: Submitted ByAric Schroeder, City Planner Recommended Action: Approval Summary Statement: By separate action the Martin Road TIF Plan is being amended to remove multiple areas from the existing TIF boundary. This amendment will put most of these areas back into the TIF boundary. The end result of the amendments will not increase the area of the existing TIF boundary. The areas being removed and then put back in the TIF are undeveloped areas that are not likely to develop before their 20 year sunset, and the amendment will establish a new 20 year sunset for these areas. Once removed from the existing TIF, any increment will be released from the TIF, and once put back in, the current values will become the new frozen base that is released to all taxing entities, including the City of Waterloo's general fund. Only future increment from future development of these areas would be captured by the TIF. This would appear to be the best model to accomplish economic development of this area. Amendments to a TIF Plan require a consultation with taxing entities, which is proposed to be held on October 26, 2016. Page 108 of 130 Expenditure Required: Source of Funds: Policy Issue: None n/a Economic Development Legal Descriptions: See Attached Page 109 of 130 Mayor QUENTIN HART COUNCIL MEMBERS TOM POWERS Ward 1 BRUCE JACOBS Ward2 PAT MORRISSEY Ward 3 JEROME AMOS Ward 4 RON WELPER Ward 5 TOM LIND At -Large STEVE SCHMIT T At -Large CITY OF WATERLOO, IOWA COMMUNITY PLANNING AND DEVELOPMENT 715 Mulberry Street • Waterloo, Iowa 50703-5783 • (319) 291-4366 Fax (319) 291-4262 NOEL ANDERSON, Community Planning & Development Director DATE: September 23, 2016 TO: Planning and Zoning Commission Members From: Aric A. Schroeder, City Planner RE: Proposed Amendments to the Martin Road Development Area Planning staff is proposing to amend the Martin Road Development Plan and TIF District by removing multiple areas from the existing TIF boundary, and then putting most of those areas back into the TIF boundary. The end result of the amendments will not increase the area of the existing TIF boundary. The areas being removed and then put back in the TIF are undeveloped areas that are not likely to develop before their 20 year sunset, and the amendment will establish a new 20 year sunset for these area. Once removed from the existing TIF, any increment will be released from the TIF, and once put back in, the current values will become the new frozen base that is released to all taxing entities, including the City of Waterloo's general fund. Only future increment from future development of these areas would be captured by the TIE This would appear to be the best model to accomplish economic development of this area. Attached are three maps, including a map that shows the existing Marin Road Development Plan Area Boundary Map, as well as a map that shows what areas would be removed, and then a map that shows the areas to be put back into the TIF District. If you have any questions or suggestions for the expansion, please contact our office. Respectfully, Aric A. Schroeder, City Planner WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer Page 110 of 130 Martin Road Development Plan Area Boundary Map 1,100 550 1,100 Feet Existing TIF District Boundary voilirwry fH . � .. I i i Y 1; ' .=-,��--+--_--+-` I'' � "til'_1 '.:a .: �:1� s -t • 4, Martin Road Development Plan Area Boundary Map r°? Proposed Areas to be Removed r fl P. Legend r Proposed Areas to be Removed ,100 550 1,190 Feel 31' Existing TIF Diatriot Bounder)/ • ag 1 pt 1331 Martin Road Development Plan Area Boundary Map Proposed ExpansionAreas Gity Limit: Legend Proposed Expansion Areas 1,100 550 0 1,100 Feet Existing TIF District Bounder Prepared by Aric Schroeder, City of Waterloo, 715 Mulberry Street, Waterloo, IA, 50703 319-291-4366 Return to preparer after recording. AMENDMENT TO MARTIN ROAD DEVELOPMENT PLAN RECITALS A. On October 7, 1996, the City Council of the City of Waterloo, Iowa (the "City") adopted Ordinance No. 4204 and adopted Resolution No. 1999-499, determining 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 (the "Plan") (Original area). B. On August 9, 2004, the City Council adopted Ordinance No. 4708 and Resolution No. 2004-522, in which it was agreed to amend the Plan by enlarging the area included therein, and one or more other amendments have been made to the Plan to include additional urban renewal projects or for other purposes (Amendment No. 1 area). C. On October 27, 2014, the City Council adopted Ordinance No. 5249 and on October 20, 2014 adopted Resolution No. 2014-903, in which it was agreed to amend the Plan by enlarging the area included therein, and one or more other amendments have been made to the Plan to include additional urban renewal projects or for other purposes (Amendment No. 2 area). D. On April 4, 2016, the City Council adopted Ordinance No. 5343 and on March 21, 2016 adopted Resolution No. 2016-197, in which it was agreed to amend the Plan by enlarging the area included therein, and one or more other amendments have been made to the Plan to include additional urban renewal projects or for other purposes (Amendment No. 3 area). E. On , 2016, the City Council adopted Ordinance No. and Resolution No. - , in which it was agreed to amend the Plan by reducing the area included therein (Amendment No. 4 removal area). F. The City desires to amend the Plan again to enlarge the area included therein and to update related information in the Plan. Said amendment may be referred to as Amendment No. 5 area. AMENDMENT Page 114 of 130 NOW THEREFORE, the Martin Road Development Plan, as previously amended, is hereby further amended as follows: 1. Attachments A and B to the Plan are hereby stricken in their entirety, and the new Attachments A and B which are attached hereto are substituted in their place so that the Plan shows the current legal description and map, describing and depicting the boundaries of the Martin Road Development Plan and TIF District, as amended. 2. The attachments listed below, each of which is attached hereto, are included in this amendment to show compliance with procedural requirements under state law for adoption of this amendment, but do not replace or supersede similar attachments to the original Plan or any amendment thereto adopted prior to this amendment: Attachment G (Planning, Programming & Zoning resolution) Attachment H (notice of consultation) Attachment I (resolution adopting this amendment) Attachment J (ordinance adopting amended TIF district) Attachment K (published notice of public hearing) Attachment L (posted notice of public hearing) 3. Except as modified by this amendment, the Plan, as previously amended, shall continue unmodified in full force and effect. PASSED AND APPROVED this day of , 2016. ATTEST: Suzy Schares, City Clerk 2 Quentin Hart, Mayor Page 115 of 130 Attachment "A" Martin Road Development Plan Area Boundary Ma LJ L I I I I Dzia- W. SHAULIS RD SHAULIS RD. Legend Martin Road TIF Expansion Area 1,100 550 0 1,100 Feet Existing TIF District Boundary C-4_411.0 Attachment B MARTIN ROAD DEVELOPMENT PLAN URBAN RENEWAL AREA LEGAL DESCRIPTIONS Original area (1996) (Original Subarea) (as modified by Amendment No. 4 (2016)) 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 comer 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 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. Except the following area removed from the original area by Amendment No. 4 (2016): Beginning at a point on the East line of Section 32, Township 89 North, Range 13 West that is four hundred twenty (420) feet South of the Northeast corner of the Northeast '/4 of the Southeast '/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 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 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 nine hundred ninety (990) feet East of and six hundred seventy Page 117 of 130 five (675) feet North of the Southwest corner of the Northeast 1/4 of the Southeast 1/4 of said Section 32, thence continuing Northeasterly to the point of beginning Amendment No. 1 area (2004) (Amendment No. 1 Subarea) (as modified by Amendment No. 4 (2016)) 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 1/4 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 1/4 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 2 Page 118 of 130 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 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. Except the following areas removed from the Amendment No. 1 area by Amendment No. 4 (2016): 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', 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 except 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 except 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 3 Page 119 of 130 Also except 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 except 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 Section 6 lying Westerly of the Westerly right-of-way line of Greyhound Drive, but not excepting the portion of the above described area platted as Lot 1 and Tract A of Greenbelt Centre Plat No. 1, and not excepting the portion of the above described area platted as Lot 2 of Greenbelt Centre Plat No 4. Also except Lot 1 of Greenbelt Centre Plat No. 2. Also except 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 except Lots 1 thru 12 of Greenbelt Centre Plat No. 5. Also except Lot 1 of Deer Creek Plat No. 2. And also except 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 Amendment No. 2 area (2014) (Amendment No. 2 Subarea) (as modified by Amendment No. 4 (2016)) 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 14 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; 4 Page 120 of 130 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 1/2 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 1/2 of the Southwest 1/4 of said Section 7 to the Northeast 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 1/4 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 5 Page 121 of 130 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 1/4 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 Except the following area removed from the Amendment No. 2 area by Amendment No. 4 (2016): 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 (no 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 6 Page 122 of 130 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 CNE Transportation Co., thence Northwesterly along said Northeasterly right-of-way line to the point of beginning. Amendment No. 3 area (2016) (2016 Addition Amendment No. 3 Subarea) 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 (SW1/4) of the Southeast Quarter (SE1/4) 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 (SW1/4) of the Southeast Quarter (SE1/4); thence N01°52'25"W Thirty-three (33.00) feet along the West line of said Southwest Quarter (SW1/4) 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 (SW1/4) 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 (SW1) 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. Amendment No. 5 area (2016) (2016 Addition Amendment No. 5 Subarea) Beginning at a point on the East line of Section 32, Township 89 North, Range 13 West that is four hundred twenty (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 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 7 Page 123 of 130 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 nine hundred ninety (990) feet East of and six hundred seventy five (675) feet North of the Southwest corner of the 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', 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 except 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 8 Page 124 of 130 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 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. 9 Page 125 of 130 CITY OF WATERLOO Council Communication Motion approving Change Order No: 3 with Modem Builders, Inc. of Janesville, Iowa, for additional interior improvements to Hangar No: 4 occupied by Swieter Aircraft Services at Waterloo Regional Airport, for the replacement of an electrical box, conduit, and the repainting of six (6) doors in the hangar bay in the amount of $975.00 and authorize the Mayor to sign the Change Order documents. City Council Meeting: 11/21/2016 Prepared: 11/15/2016 REVIEWERS: Department Airport Clerk Office Reviewer Kaspari, Keith Higby, Nancy Action Approved Approved ATTACHMENTS: Description D 11 11 2016 Change Order Quote from Modern Builders Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Legal Descriptions: Type Cover Memo Date 11/15/2016 - 6:13 PM 11/16/2016 - 9:32 AM Submitted By: Keith Kaspari, Director of Aviation Approve Staffs recommendation as requested above. Not Applicable The cost to this Change Order No: 3, is $975.00. Funds for this project will be derived by the 2016 IDOT Commercial Service Vertical Infrastructure (CSVI) program. Not Applicable No alternatives have been chosen for this request by Staff. Once the sheet rock was removed, it was discovered that the mold was so bad, that it had eroded sections of the electrical conduit and electrical box, whereby its condition was such that it could not be salvaged. An additional staff request was such that pending available funds, where there is, would be to paint the doors and door frames on each side of the hangar bay., Not Applicable Page 126 of 130 MODERN BUILDERS, INC. P.O. Box 418 • 202 Main Street • Janesville, IA 50647 (319) 987-2911 • FAX (319) 987-2562 www.moderniowa.com TO: City of Waterloo Airport ATTN: David Hughes REF: CO #3 - Hangar #4 T&M Elec and Door Painting We are happy to quote the following scope: We are including the following: Nov. 11, 2016 1. We propose to supply all materials, labor and equipment to complete this project. 2. We include applicable fees and insurance. 3. Replace electrical Junction Box (1) — (T&M) in Hangar #4. 4. Paint interior doors (6) inside hangars. Items to be excluded: 1. Items not listed above. 2. Cap Flashing to remain. 3. Any excavation or backfilling. 4. Any flashings not shown above. 7. Any interior work of any kind. 8. No profiled corners are included. 9. Davis -Bacon or prevailing wages. Bid Price for Electrical Junciton Box Replacement Bid Price for Painting of (6) Interior Doors t' 6r12 We feel that our experience makes us a perfect choice to be part of your construction team. Once again, we thank you for your consideration. Sincerely, Mod m uilders, in on roject Manager Authorized Dealer SIS AMERICAN BUILDINGS aye 127 cif 130 CITY OF WATERLOO Council Communication Hearing on Revocation of Peddler Permit City Council Meeting: 11/21/2016 Prepared: REVIEWERS: Department Reviewer Action Legal Felchle, Kelley Approved ATTACHMENTS: Description Type Karl Grigg Citation 11-14-2016 Backup Material D Alvin Hunley Citation Backup Material Date 11/14/2016 - 12:46 PM SUBJECT: Motion to approve revocation of peddler permit issued to Karl Grigg. Submitted by: Submitted By: David R. Zellhoefer, City Attorney Page 128 of 130 CITATION MUNICIPAL INFRACTION—CITY OF WATERLOO ORDINANCE VIOLATION CITATION N2 2710 DOCKET NO. 0 Health ❑ Animal ❑ Fire 0 Zoning 0 Building The City of Waterloo, lowvs. DEFENDANT NAME: BIRTHDATE _ / AD�ESS: SS # PAST i11 oot.E D�7y l STATE ZIP The undersigned states that the Defendant did violate the Waterloo Code of Ordinances on,or abjjo t: / /_ _ MO. DAY YH. Address of Violation(s} at k.04---) M. [ 1 P.M., at Defendant herein did violate Section ( of the Code o Ordinances of the City of Waterloo, Iowa, as follow_ t CIVIL PENALTY Akili C T COSTS CIVIL PENALTYASSESSED: $ TO BE PAID AT THE ME AND PLACE OF THE COURT APPEAR- ANCE SHOWN ON THE CITATION. COURT COSTS: $ PAYMENT MUST BE MADE BY CASH OR CHECK TO CLERK OF COURT, COURTHOUSE, BLACK HAWK TOTAL $ __c:E3.::01.,. COUNTY, IOWA. Defendant is forthwith directed to pay the civil penalty and to correct/cease he violation r s !lows: y Y Ritil } COURT APPEARANCE IS REQUIRED. I PROMISE TO APPEAR AT THE BLACK HAWK COUNTY COURTHO SE ON. /la at ` A M[ ] P.M. MO. DAY YR. MY SIGNATURE HERE IS NOT A PLEA OF GUILTY. !for FAILURE TO APPEAR IN COURT WITHOUT GOOD CAUSE WILL RESULT IN JUDGEMENT FOR THE CIVIL PENALTY AND COURT COSTS AND AN ORDER TO CORRECT/ABATE THE VIOLATION(S) AS WELL AS ANY OTHER RELIEF THE COURT DEEMS PROPER. The undersigned attests that the matters herein forth are true and c rect. By City Em to ee: / 1 Phone Nu ber ‘7Qtl 3? MO. DAY THIS CASE HAS BEEN FILED IN A COUNTY THAT USES ELECTRONC FILING. Unless you obtain an exemption from the court, you must register through the Iowa Judicial Branch website at https://www.iowacourts.state.ia.us/efile and obtain a login and password for the purposes of filing and viewing documents on your case and of receiving service and notices from the court. For general rules and information on the electronic filing, refer to the Iowa Court Rules, Chapter 16, pertaining to the use of the Electronic Document Management System; https://www.iowacourts.state.ia.usiefile. For court rules on the protection of personal privacy in court filings, refer to Division VI of Iowa Court Rules Chapter 16: https://www.iowacourts.statcia.usiefile. Page 129 of 130 CITATION MUNICIPAL INFRACTION—CITY OF WATERLOO ORDINANCE VIOLATION CITATION N° 2709 DOCKET NO. ❑ Health ❑ Animal D Fire ❑ Zoning D Building The City of Waterloo, low v Lit , ji DEFENDANT NAME: .fly , P 1 LCL f ST FIR5T MIDDLE BIRTHDATE AL / 1 S # ADDRESS: MO3C1DAY 1�1•^e A/W1 _y 5(12n— DIV( j— ATE The undersigned states that the Defendant did violate the Waterloo Code of Ordinances on or about: p IL/ 1 Li /'[j � at I M [ 1 P.M., at Address of Violation(s)' 1 Gas tc)mO DAY Defendant herein did violate Section .t 146 IP of the Code of rdinan -es of the City, of Waterlo 4 owe, as folio s: ,A IVIL PENALTY AND COURT COSTS 0 BE PAID AT THE TIME AND PLACE OF THE COURT APPEAR- ANCE SHOWN ON THE CITATION. PAYMENT MUST BE MADE BY CASH OR CHECK TO CLERK OF COURT, COURTHOUSE, BLACK HAWK COUNTY, IOWA. CIVIL PENALTYASSESSED: $ 60 COURT COSTS: $ $ TOTAL: Defendant is forthwith directed to pay the civil penalty and to correct/cease v the olatio as #ollo -Wws: OF P P ,C. COURT APPEARANCE IS REQUIRED. I PROMISE TO APPEAR AT THE BLACK HAWK COUNTY COURTHOUSE ON: O. DAY DEFENDANTS SIGNATUR MY SIGNATURE HERE IS NOTA PLEA O GUILTY! FAILURE TO APPEAR IN COURT WITHOUT GOOD CAUSE WILL RESULT IN JUDGEMENT FOR THE CIVIL PENALTY AND COURT COSTS AND AN ORDER TO CORRECT/ABATE THE VIOLATION(S) AS WELL AS ANY OTHER RELIEF THE COURT DEEMS PROPER. 1A . [ )P.M. The undersigned a -st . h the matters herein fo By City Employee-/ Ii 1l � Phone N bertle� M0. DA THIS CASE HAS BEEN FILED IN A COUNTY THAT USES ELECTRONC FILING. Unless you obtain an exemption from the court, you must register through the Iowa Judicial Branch website at httpsl/www.iowacourts.state.ia.us/efile and obtain a login and password for the purposes of filing and viewing documents on your case and of receiving service and notices from the court. For general rules and information on the electronic filing, refer to the Iowa Court Rules, Chapter 16, pertaining to the use of the Electronic Document Management System; https://www.iowacourts.state.ia.us/efile. For court rules on the protection of personal privacy in court filings, refer to Division VI of Iowa Court Rules Chapter 16: httos://www.iowacourts.state.ia.usLefile. Page 130 of 130