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Home My WebLink About2023-06-05 G02 Kettlestone Residential Urban Renewal Plan_PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 5, 2023 AGENDA ITEM:Public hearing on proposed Kettlestone Residential Urban Renewal Plan FORMAT:Public Hearing SYNOPSIS INCLUDING PRO & CON: Staff is proposing a new urban renewal area to help promote economic development, encourage commercial growth and expansion, stimulate private investment in new housing and residential development and provide public infrastructure and amenities in the City of Waukee. The plan includes the City’s intention to use various financing tools to accomplish the plan goals. Increment generated from the Kettlestone Residential Urban Renewal Area will go towards paying for the extension of SE Westown Parkway between Grand Prairie Parkway and SE Waco Place/98th St, the expansion of 98th St./SE Waco Place between SE Pleasant view Dr. to SE Westown Parkway; the construction of SE Glacier S. Trail between SE Westown Pkwy and SE Tallgrass; and the construction of SE Tallgrass from Grand Prairie Parkway to SE Glacier S, all of which will provide direct access from these new residential developments to places of employment, schools, and recreation. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:Use of incremental property tax revenues is limited to ten (10) years for each project, beginning with the second fiscal year following the year in which the City first certifies to the County Auditor the amount of any loans, advances, indebtedness, or bonds which qualify for payment from the incremental property tax revenues. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: On May 8, 2023, staff held a consultation to review the Urban Renewal Plan with Dallas County and Waukee Community School District. No one attended the meeting.On May 23, 2023, Waukee Planning and Zoning Commission reviewed and approved Kettlestone Residential Urban Renewal Plan for being in conformance with the City’s Comprehensive Plan. RECOMMENDATION: Hold the Public Hearing ATTACHMENTS: I. Notice of Public Hearing II. Consultation Report III. Planning & Zoning Commission Report PREPARED BY:Jennifer Brown, Director of Economic Development PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: 6/1/23 DATE OF PUBLICATION: Dallas County News G2 (One publication required) NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED KETTLESTONE RESIDENTIAL URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF WAUKEE, STATE OF IOWA The City Council of the City of Waukee, State of Iowa, will hold a public hearing before itself at its meeting which commences at 5:30 P.M. on June 5, 2023, in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, to consider adoption of a proposed Kettlestone Residential Urban Renewal Plan (the "Plan") concerning a proposed Urban Renewal Area in the City of Waukee, State of Iowa. The Kettlestone Residential Urban Renewal Area is proposed to contain the land legally described as follows: Parcel 22-120 of the Plat of Survey recorded in Book 2022 Page 20744, City of Waukee, Dallas County, Iowa (Parcel #1603100047); and, Parcel 22-121 of the Plat of Survey recorded in Book 2022 Page 20745, City of Waukee, Dallas County, Iowa (Parcel #1604200029); and, Parcel 22-122 of the Plat of Survey recorded in Book 2022 Page 20745, City of Waukee, Dallas County, Iowa (Parcel #1604200031); and, Parcel 22-123 of the Plat of Survey recorded in Book 2022 Page 20743, City of Waukee, Dallas County, Iowa (Parcel #1603300022); and, Parcel A of the Plat of Survey recorded in Book 2009 Page 18393, City of Waukee, Dallas County, Iowa, EXCEPT Parcel 22-123 of the Plat of Survey recorded in Book 2022 Page 20743, Dallas County, Iowa and EXCEPT Parcel 19-12 of the Plat of Survey recorded in Book 2019, Page 2401, Dallas County, Iowa (Parcel #1603300021); and, Parcel 23-22 and 23-24 of the Plat of Survey recorded in Book 2023 Page 3367, City of Waukee, Dallas County, Iowa and Parcel 23-37 of the Plat of Survey recorded in Book 2023 Page 5011 which is a part of Parcel 23-22 as shown on the Plat of Survey recorded in Book 2023, Page 3367, City of Waukee, Dallas County, Iowa (Parcel #1604200038, 1604200035, 1604200037); Parcel 23-27 of the Plat of Survey recorded in Book 2023 Page 3368, City of Waukee, Dallas County, Iowa (Parcel #1604200036); and, A part of Parcel 21-96 of the Plat of Survey recorded in Book 2021 Page 31554, City of Waukee, Dallas County, Iowa and more particularly described as follows: Beginning at the Southwest Corner of said Parcel 21-96; thence North 00⁰27’16” East along the westerly line of said Parcel 21-96, a distance of 58.33 feet; thence South 51⁰03’50” East, 25.38 feet; thence North 83⁰56’10” East, 148.38 feet; thence North 89⁰28’40” East, 51.78 feet; thence North 83⁰56’10” East, 326.90 feet; thence South 06⁰07’23” East, 35.00 feet to the Southerly line of said Parcel 21-96; thence South 83⁰56’10” West along said southerly line 551.42 feet to the Point of Beginning and containing 0.47 acres. A copy of the Plan is on file for public inspection in the office of the City Clerk, City Hall, City of Waukee, Iowa. The City of Waukee, State of Iowa is the local public agency which, if such Plan is approved, shall undertake the urban renewal activities described in such Plan. The general scope of the urban renewal activities under consideration in the Plan is to stimulate, through public involvement and commitment, private investment in residential development in the Urban Renewal Area through various public purpose and special financing activities outlined in the Plan. To accomplish the objectives of the Plan, and to encourage the further economic development of the Urban Renewal Area, the Plan provides that such special financing activities may include, but not be limited to, the making of loans or grants of public funds to private entities under Chapter 15A, Code of Iowa. The City also may reimburse or directly undertake the installation, construction and reconstruction of substantial public improvements, including, but not limited to, street, water, sanitary sewer, storm sewer or other public improvements. The City also may acquire and make land available for development or redevelopment by private enterprise as authorized by law. The Plan provides that the City may issue bonds or use available funds for purposes allowed by the Plan and that tax increment reimbursement of the costs of urban renewal projects may be sought if and to the extent incurred by the City. The Plan initially proposes no specific public infrastructure or site improvements to be undertaken by the City, and provides that the Plan may be amended from time to time. Any person or organization desiring to be heard shall be afforded an opportunity to be heard at such hearing. This notice is given by order of the City Council of the City of Waukee, State of Iowa, as provided by Section 403.5, Code of Iowa. Dated this 1st day of May, 2023. Rebecca D. Schuett City Clerk, City of Waukee, State of Iowa (End of Notice) 02106945-1\21938-293 Economic Development Department 230 W. Hickman Road Waukee, IA 50263 Phone: (515) 978-7410 Fax: (515) 987-1845 Minutes of the proposed Kettlestone Residential Urban Renewal Plan Consultation Meeting City staff held a consultation regarding the proposed Kettlestone Residential Urban Renewal Plan on Monday, May 8, 2023 at 2:00 PM. The meeting was held in the Waukee Council Chambers at Waukee City Hall located at 230 W. Hickman Road, Waukee, Iowa, 50263. Notices of the consultation were mailed on Tuesday, May 2, 2023 to representatives of the Dallas County Board of Supervisors and Waukee Community School District. No one attended the consultation and staff closed the meeting at 2:05 PM. Submitted by: Jennifer Brown Director of Economic Development