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HomeMy WebLinkAbout2024-09-03 G02 URA Waukee Consolidated Amendment 9_ PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: September 3, 2024 AGENDA ITEM:Public Hearing on proposed Amendment No. 9 to the Waukee Consolidated Urban Renewal Plan in City of Waukee, State of Iowa FORMAT:Public Hearing SYNOPSIS INCLUDING PRO & CON: City Council adopted Amendment No. 1 to the Waukee Consolidated Urban Renewal Plan in 2019 followed by several other amendments. Most recent Amendment No. 8 was adopted in November 2023. The proposed Amendment No. 9 includes the subtraction of certain property from the Urban Renewal Area. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Staff held a consultation meeting with the County and the affected school district(s) on August 12, 2024. No one attended the meeting.Staff has not received any correspondence concerning the proposed amendment. RECOMMENDATION: Hold a Public Hearing. ATTACHMENTS: I. Amendment No. 1 to Waukee Consolidated Urban Renewal Plan II. Public Hearing Notice PREPARED BY:Jennifer Brown, Director of Economic Development REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: Dallas County News DATE OF PUBLICATION: August 29, 2024 G2 Final AMENDMENT NO. 9 to the WAUKEE CONSOLIDATED URBAN RENEWAL PLAN for the WAUKEE CONSOLIDATED URBAN RENEWAL AREA Gateway Economic Development Urban Renewal Area, Waukee West Urban Renewal Area, and Waukee Central Urban Renewal Area CITY OF WAUKEE, IOWA Amendment No. 1 – November 2019 Amendment No. 2 – January 2020 Amendment No. 3 – July 2020 Amendment No. 4 – November 2020 Amendment No. 5 – November 2021 Amendment No. 6 – November 2022 Amendment No. 7 – December 2022 Amendment No. 8 – October 2023 Amendment No. 9 – September 2024 - 2 - Final AMENDMENT NO. 9 TO THE WAUKEE CONSOLIDATED URBAN RENEWAL PLAN CITY OF WAUKEE, IOWA The City of Waukee, Iowa (the “City”) adopted Amendment No. 1 to the Waukee Consolidated Urban Renewal Plan (“Plan” or “Urban Renewal Plan”) by Resolution No. 19-402 on November 4, 2019, in order to consolidate the City’s previously established Gateway Economic Development Urban Renewal Area, Waukee West Urban Renewal Area, and Waukee Central Urban Renewal Area into the Waukee Consolidated Urban Renewal Area (“Area” or “Urban Renewal Area”). The Urban Renewal Plan was amended in 2022 and 2023. The City is further amending the Plan with the adoption of this Amendment No. 9 (“Amendment No. 9” or “Amendment”) to remove land from the Urban Renewal Area. This Amendment does not make any other changes to the Plan or Area. Except as modified by this Amendment No. 9, the provisions of the Plan, as previously amended, are hereby ratified, confirmed, and approved and shall remain in full force and effect as provided herein. In case of any conflict or uncertainty, the terms of this Amendment No. 9 shall control. Any subsections not mentioned in this Amendment No. 9 shall continue to apply to the Plan, as previously amended. DESCRIPTION OF URBAN RENEWAL AREA The legal description of the property being removed from the Urban Renewal Area is attached hereto as Exhibit “A” and may be referred to as the “Amendment No. 9 To Waukee Consolidated Urban Renewal Area”. A map of the Waukee Consolidated Urban Renewal Area, as amended by this Amendment No. 9, is attached hereto as Exhibit “B.” DEVELOPMENT PLAN The City has a general plan for the physical development of the City as a whole outlined in the Waukee Comprehensive Land Use Plan, adopted in 2019. The Plan, as amended, remains in conformity with the Waukee Comprehensive Land Use Plan, adopted in 2019. The Plan, as amended, does not in any way replace or modify the City’s current land use planning or zoning regulation process. The need for improved traffic, public transportation, public utilities, recreational and community facilities, or other public improvements within the Urban Renewal Area, if any, is set forth in the Plan, as amended. As the Area develops, the need for public infrastructure extensions and upgrades will be evaluated and planned for by the City. - 3 - Final FINANCIAL DATA 1.Current constitutional debt limit:$215,542,750 2.Current outstanding general obligation debt:$164,173,921 3. No additional proposed indebtedness, as no urban renewal projects are being added by this Amendment. N/A EFFECTIVE PERIOD This Amendment No. 9 will become effective upon its adoption by the City Council. Notwithstanding anything to the contrary in the Plan, any prior amendment, resolution, or document, the Plan, as amended, shall remain in effect until terminated by the City Council. The use of incremental property tax revenues, or the “division of revenue,” as those words are used in Chapter 403 of the Code of Iowa, will be consistent with Chapter 403 of the Iowa Code. Nothing in this Amendment shall alter the duration of the division of revenue as previously explained in the Plan, as previously amended. REPEALER AND SEVERABILITY CLAUSE Any parts of the Plan, as previously amended, in conflict with this Amendment are hereby repealed. If any part of this Amendment or the Plan, as amended, is determined to be invalid or unconstitutional, such invalidity or unconstitutionality shall not affect the validity of the Amendment or the Plan as a whole, or any part of the Amendment or the Plan not determined to be invalid or unconstitutional. - 4 - Final EXHIBIT A LAND TO BE REMOVED FROM THE WAUKEE CONSOLIDATED URBAN RENEWAL AREA BY AMENDMENT NO. 9 Parcel 1604376004 shown as Outlot V in THE SHOPS AT KETTLESTONE NORTH PLAT 4, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa, Except Parcel ‘19-92’ of a part of said Outlot V as shown in Survey filed in Book 2019, Page 16817 and Except Parcel ‘21-94’ of a part of said Outlot V as shown in Survey recorded in Book 2021, Page 28853 - 5 - Final EXHIBIT B MAP OF WAUKEE CONSOLIDATED URBAN RENEWAL AREA, AS AMENDED 02379726\21938-348 (One publication required) NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED AMENDMENT NO. 9 TO THE WAUKEE CONSOLIDATED URBAN RENEWAL PLAN FOR AN 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 September 3, 2024 in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, to consider adoption of a proposed Amendment No. 9 to the Waukee Consolidated Urban Renewal Plan (the "Amendment") concerning an Urban Renewal Area in the City of Waukee, State of Iowa. The Amendment proposes to remove certain land from the Urban Renewal Area, legally described as follows: Parcel 1604376004 shown as Outlot V in THE SHOPS AT KETTLESTONE NORTH PLAT 4, an Official Plat, now included in and forming a part of the City of Waukee, Dallas County, Iowa, Except Parcel ‘19-92’ of a part of said Outlot V as shown in Survey filed in Book 2019, Page 16817 and Except Parcel ‘21-94’ of a part of said Outlot V as shown in Survey recorded in Book 2021, Page 28853 A copy of the Amendment 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 Amendment is approved, shall undertake the urban renewal activities described in such Amendment. The general scope of the urban renewal activities under consideration in the Amendment is to promote the growth and retention of qualified industries and businesses in the Urban Renewal Area through various public purpose and special financing activities outlined in the Amendment. To accomplish the objectives of the Amendment, and to encourage the further economic development of the Urban Renewal Area, the Amendment 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 Amendment 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 Amendment initially proposes no specific public infrastructure or site improvements to be undertaken by the City, and provides that the Amendment may be amended from time to time. The proposed Amendment No. 9 would remove land from the Urban Renewal Area. Other provisions of the Plan not affected by the Amendment would remain in full force and effect. 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 5th day of August, 2024. Rebecca D. Schuett City Clerk, City of Waukee, State of Iowa (End of Notice) 02381045\21938-348