HomeMy WebLinkAbout2017-09-18-Resolutions 17-443_Gateway Economic Development Urban Renewal Plan Amendment 4 - Set PHRESOLUTION NO.17-443
RESOLUTION SETTING DATES OF A CONSULTATION
AND A PUBLIC HEARING ON A PROPOSED AMENDMENT
NO.4 TO THE GATEWAY ECONOMIC DEVELOPMENT
URBAN RENEWAL PLAN IN THE CITY OF WAUKEE,
STATE OF IOWA
WHEREAS,by Resolution No.13-257,adopted October 21,2013,this Council found
and determined 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 Gateway Economic
Development Urban Renewal Plan (the "Plan"or "Urban Renewal Plan")for the Gateway
Economic Development Urban Renewal Area (the "Area"or "Urban Renewal Area")described
therein,which Plan is on file in the office of the Recorder of Dallas County;and
WHEREAS,by Resolution No.14-320,adopted November 17,2014,this City Council
approved and adopted an Amendment No.I to the Plan;and
WHEREAS,by Resolution No.15-350,adopted October 19,2015,this City Council
approved and adopted an Amendment No.2 to the Plan;and
WHEREAS,by Resolution No.16-490,adopted November 21,2016,this City Council
approved and adopted an Amendment No.3 to the Plan;and
WHEREAS,this Urban Renewal Area currently includes and consists of:
ORIGINAL AREA
The Southwest '/~of the Southwest '/4 of Section 26,Township 79 North,Range
26 West of the 5'P.M.and adjacent Alice's Road Right of Way and adjacent
Hickman Road (U.S.Highway 6)Right of Way (Parcel ¹12-26-300-005 and ¹12-
26-300-004),and
A parcel of land within the Southeast '/4 of the Southwest '/~of Section 26,
Township 79 North,Range 26 West of the 5'"P.M.beginning at the Southwest
corner and extending 600 feet to the East,then 295 feet North,then diagonally
Northwest to a point 300 feet West and 245 feet North,then 494.5 feet North,
then 300 feet west,then 1034.5 feet South to a starting point at the Southwest
comer and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel ¹12-
26-300-007),and
The East '/z of the Northeast '/4 of Section 34,Township 79 North,Range 26 West
of the 5'P.M.and adjacent Alice's Road Right of Way and adjacent Hickman
Road (U.S.Highway 6)Right of Way (Parcel ¹12-34-200-006 and Parcel ¹12-
34-200-005),and
The Alice's Road Right of Way extending from the north Right of Way line of
Hickman Road (U.S.Highway 6)to the south Right of Way line of University
Avenue,and
The West 467 feet of the East 1,012 feet of the South 407 feet of the Southeast '/~
of the Southwest 'l4 of Section 35,Township 79 North,Range 26 West of the 5'"
P.M.and the adjacent University Avenue Right of Way (Parcel ¹12-35-300-005),
and
Government Lot 3 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.,and adjacent SE University Avenue Right of Way (Parcel ¹16-04-100-
006);and
Government Lot 2 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.,lying south of railroad right of way and adjacent SE University Avenue
Right of Way (Parcel ¹16-04-200-001),and
Government Lot 1 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.lying south of railroad right of way (Parcel ¹16-04-200-007),and
Government Lot 7,Except Parcel "A";and Government Lot 10,Except Parcel
"B"thereof,all in Section 4,Township 78 North,Range 26 West of the 5'"P.M.
(Parcel ¹16-04-200-011 and Parcel ¹16-04-200-013 and Parcel ¹16-04-200-
002),and
Outlot X of Grant Park 2,an Official Plat,City of Waukee,Iowa (Parcel ¹16-04-
200-014),and
Government Lot 8 of Section 4,Township 78 North,Range 26 West of the 5'
P.M.,(Parcel ¹16-04-200-008),and
Government Lot 9 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.(Parcel ¹16-04-200-009),and
Government Lot 16 of Section 4,Township 78 North,Range 26 West of the 5'
P.M.(Parcel ¹16-04-200-010),and
Government Lot 5 of Section 3,Township 78 North,Range 26 West of the 5'"
P.M.(Parcel ¹16-03-100-034)and adjacent west half of the SE Waco Place Right
of Way,and
Government Lot 12 of Section 3,Township 78 North,Range 26 West of the 5'"
P.M.and the adjacent west half of the SE Waco Place Right of Way (Parcel ¹16-
03-100-006)and,
Government Lot 15 of Section 4,Township 78 North,Range 26 West of the 5'
P.M.,(Parcel ¹16-04-200-005),and
The West 3/8ths of the Southeast Quarter of Section 4,Township 78 North,
Range 26 West of the 5'"P.M,and the adjacent SE Ashworth Road Right of Way
(Parcel ¹16-04-401-001),and
The East '/~of the Southwest N of Section 4,Township 78 North,Range 26 West
of the 5'"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel ¹16-04-
300-004),and
The Northeast '/4 of the Southeast '/4 and the East 10 acres of the Northwest '/~of
the Southeast '/4 of Section 4,Township 78 North,Range 26 West of the 5ia P.M.
(Parcel ¹16-04-426-001),and
The Northwest /~of the Southwest /4 of Section 3,Township 78 North,Range 26
West of the 5'"P.M.and the adjacent west half of the SE Waco Place Right of
Way except Parcel A as defined within the Plat of Survey recorded in Bk 2009 Pg
18393 (Parcel ¹16-03-300-015 and Parcel ¹16-03-300-014),and
All of Dolmage Estates Plat I,an Official Plat,City of Waukee,Iowa and
adjacent SE Ashworth Road Right of Way (Parcel ¹16-04-478-011 and Parcel ¹
16-04-478-010 and Parcel ¹16-04-478-009 and Parcel ¹16-04-478-008 and
Parcel ¹16-04-478-007 and Parcel ¹16-04-477-009 and Parcel ¹16-04-477-008
and Parcel ¹16-04-477-007 and Parcel ¹16-04-477-006 and Parcel ¹16-04-477-
005 and Parcel ¹16-04-451-005 and Parcel ¹16-04-451-006 and Parcel ¹16-04-
451-007),and
All of Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel ¹
16-04-477-001 and Parcel ¹16-04-477-002 and Parcel ¹16-04-477-003 and
Parcel ¹16-04-477-001 and Parcel ¹16-04-451-001 and Parcel ¹16-04-451-002
and Parcel ¹16-04-451-003 and Parcel ¹16-04-451-004 and Parcel ¹16-04-476-
002 and Parcel ¹16-04-476-003 and Parcel ¹16-04-476-004 and Parcel ¹16-04-
476-005 and Parcel ¹16-04-476-006 and Parcel ¹16-04-478-001 and Parcel ¹16-
04-478-002 and Parcel ¹16-04-478-003 and Parcel ¹16-04-478-004),and
The East 10 acres of the Southwest N of the Southeast /~and the Southeast /4 of
the Southeast '/4 of Section 4,Township 78 North,Range 26 West of the 5'"P.M.,
except Dolmage Estates Plat I,an Official Plat,City of Waukee,Iowa and except
Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel ¹16-04-
478-006 and Parcel ¹16-04-476-001),and
The Southwest '/~of the Southwest '/4 of Section 3,Township 78 North,Range 26
West of the 5'"P.M.and the adjacent SE Ashworth Road Right of Way and the
adjacent SE Waco Place Right of Way (Parcel ¹16-03-300-004 and Parcel ¹16-
03-300-005 and Parcel ¹16-03-300-006 and Parcel ¹16-03-300-007 and Parcel ¹
16-03-300-008 and Parcel ¹16-03-300-009),and
The Northeast '/4 of the Northwest /4 of Section 9,Township 78 North,Range 26
West of the 5'"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel ¹
16-09-100-007),and
The Northwest 'A of the Northeast /4 and the North 5 acres of the Southwest '/~of
the Northeast N all within Section 9,Township 78 North,Range 26 West of the
5'"P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE
Vermillion Court Right of Way (Parcel ¹16-09-200-001),and
The Northeast '/4 of the Northeast '/4 of Section 9,Township 78 North,Range 26
West of the 5ea P.M.and the adjacent SE Ashworth Road Right of Way and the
adjacent SE Vermillion Court Right of Way (Parcel ¹16-09-200-002),and
The Northwest '/4 of the Northwest '/4 of Section 10,Township 78 North,Range
26 West of the 5'"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel¹16-10-100-001),and
The Southeast '/~of the Northeast '/4 of Section 9,Township 78 North,Range 26
West of the 5'"P.M.,except the 11 acres for Interstate 80 and the adjacent SE
Vermillion Court Right of Way (Parcel ¹16-09-200-004),and
The South '/~of the Northwest '/4 of Section 10,Township 78 North,Range 26
West of the 5'P.M.,located north of Interstate 80 (Parcel ¹16-10-100-007),and
The Northwest '/4 of the Southeast '/4 of Section of Section 9,Township 78 North,
Range 26 West of the 5'"P.M.located north of Interstate 80 (Parcel ¹16-09-400-
001),and
The South 35 acres of the Southwest '/4 of the Northeast '/4 and the Southeast '/4 of
the Northwest '/4 and the Northeast '/4 of the Southwest '/~all within Section 9,
Township 78 North,Range 26 West of the 5'"P.M.,EXCEPT the area lying 15.00
feet in width on each side of the following described line or line extended:
Commencing as a point of reference at the West '/a corner of said Section 9;
thence South 00'39'25"West (all bearings referenced to Grid North Iowa State
Plane Coordinate System South Zone),a distance 892.50 feet along the West line
of NW '/4 SW '/4 of said Section 9;thence South 89'20'35"East,a distance of
1,308.61 feet to a point on the West line of said NE /4 SW '/4,said point being the
point of beginning;thence North 36'09'50"East,a distance of 262.58 feet;thence
North 69'25'13"East,a distance of 435.00 feet;thence North 34'26'08"West,a
distance of 165.00 feet;thence North 05'00'03"East,a distance of 210.00 feet;
thence North 46'19'55"East,a distance of 170.00 feet;thence North 36'39'43"
East,a distance of 252.00 feet;thence North 31'32'07"East,a distance of 392.00
feet;thence South 89'27'15"East,a distance of 360.00 feet;thence North
77'24'35"East,a distance of 125.87 feet to the West line of an Acquisition Plat
Exhibit "A"recorded in Annexation Book 14 Page 268 in said Dallas County
Recorder's Office.(Parcel ¹16-09-200-003 and Parcel ¹16-09-100-013 and
Parcel ¹16-09-300-005),and
Government Lot 4 of Section 3,Township 78 North,Range 26 West of the 5'"
P.M.located west of the centerline of SE Waco Place Right of Way and the
adjacent SE University Avenue Right of Way (Parcel ¹16-03-100-001 and Parcel¹16-03-501-003 and Parcel ¹16-03-100-013 and Parcel ¹16-03-100-002 and
Parcel ¹16-03-100-012)
AMENDMENT NO.1 AREA
Added no new land.
AMENDMENT NO.2 AREA
Lots I through 5 and Outlot Z of Williams Pointe Plat 15,an Official Plat,City of
Waukee,Iowa (Parcel ¹12-35-354-005,12-35-354-006,12-35-354-002,12-35-
354-003,12-35-354-004 and 12-35-354-001);and
Parcel AA of Lot 2 of Williams Point Plat 7,an Official Plat,City of Waukee,
Iowa (Parcel ¹12-35-302-005);and
Lots I through 3 of Autumn Ridge Plat I,an Official Plat,City of Waukee,Iowa
and the adjacent SE Olson Drive right of way (Parcel ¹12-35-305-002,12-35-
306-001 slid 12-35-306-002)
AMENDMENT NO.3 AREA
Outlot B of The Point Plat I,an Official Plat,City of Waukee,Dallas County,
Iowa (Parcel ¹1227378006)and the adjoining Hickman Road (Highway 6)Right
of Way from Alice's Road to the west property line of said Outlot B,and the
adjoining NE Westgate Drive Right of Way.
WHEREAS,City staff has caused there to be prepared a form of Amendment No.4 to the
Plan ("Amendment No.4"or "Amendment"),a copy of which has been placed on file for public
inspection in the office of the City Clerk and which is incorporated herein by reference,the
purpose of which is to add additional land to the Area and to add and/or confirm the list of
proposed projects to be undertaken within the Area;and
WHEREAS,it is desirable that the area be redeveloped as part of the overall
redevelopment covered by the Plan,as amended;and
WHEREAS,this proposed Amendment No.4 to the Urban Renewal Plan adds land,as
follows:
Lots I -4 of Waukee Central,an Official Plat,City of Waukee,Dallas County,
Iowa (Parcel ¹1234126001,1234126002,1234126003,1234126004)
WHEREAS,the Iowa statutes require the City Council to notify all affected taxing
entities of the consideration being given to the proposed Amendment No.4 to the Gateway
Economic Development Urban Renewal Plan and to hold a consultation with such taxing entities
with respect thereto,and further provides that the designated representative of each affected
taxing entity may attend the consultation and make written recommendations for modifications
to the proposed division of revenue included as a part thereof,to which the City shall submit
written responses as provided in Section 403.5,as amended;and
WHEREAS,the Iowa statutes further require the City Council to hold a public hearing on
the proposed Amendment No.4 to the Gateway Economic Development Urban Renewal Plan
subsequent to notice thereof by publication in a newspaper hailing general circulation within the
City,which notice shall describe the time,date,place and purpose of the hearing,shall generally
identify the urban renewal area covered by the Amendment and shall outline the general scope of
the urban renewal project under consideration,with a copy of the notice also being mailed to
each affected taxing entity.
NOW THEREFORE,BE IT RESOLVED,BY THE CITY COUNCIL OF THE CITY
OF WAUKEE,STATE OF IOWA:
Section 1.That the consultation on the proposed Amendment No.4 to the Gateway
Economic Development Urban Renewal Plan required by Section 403.5(2)of the Code of Iowa,
as amended,shall be held on September 25,2017,in the Council Chambers,City Hall,230 West
Hickman Road,Waukee,Iowa,at 2:00 P.M.,and the Development Services Director,or his
delegate,is hereby appointed to serve as the designated representative of the City for purposes of
conducting the consultation,receiving any recommendations that may be made with respect
thereto and responding to the same in accordance with Section 403.5(2).
Section 2.That the City Clerk is authorized and directed to cause a notice of such
consultation to be sent by regular mail to all affected taxing entities,as defined in Section
403.17(1),along with a copy of this Resolution and the proposed Amendment No.4 to the
Gateway Economic Development Urban Renewal Plan,the notice to be in substantially the
following form:
NOTICE OF A CONSULTATION TO BE HELD BETWEEN
THE CITY OF WAUKEE,STATE OF IOWA AND ALL
AFFECTED TAXING ENTITIES CONCERNING THE
PROPOSED AMENDMENT NO.4 TO THE GATEWAY
ECONOMIC DEVELOPMENT URBAN RENEWAL PLAN FOR
THE CITY OF WAUKEE,STATE OF IOWA
The City of Waukee,State of Iowa will hold a consultation with all affected taxing
entities,as defined in Section 403.17(1)of the Code of Iowa,as amended,commencing at 2:00
P.M.on Septeinber 25,2017,in the Council Chambers,City Hall,230 West Hickman Road,
Waukee,Iowa concerning a proposed Amendment No.4 to the Gateway Economic Development
Urban Renewal Plan,a copy of which is attached hereto.
Each affected taxing entity may appoint a representative to attend the consultation.The
consultation may include a discussion of the estimated growth in valuation of taxable property
included in the proposed Urban Renewal Area,the fiscal impact of the division of revenue on the
affected taxing entities,the estimated impact on the provision of services by each of the affected
taxing entities in the proposed Urban Renewal Area,and the duration of any bond issuance
included in the Amendment.
The designated representative of any affected taxing entity may make written
recommendations for modifications to the proposed division of revenue no later than seven days
following the date of the consultation.The Development Services Director,or his delegate,as
the designated representative of the City of Waukee,State of Iowa,shall submit a written
response to the affected taxing entity,no later than seven days prior to the public hearing on the
proposed Amendment No.4 to the Gateway Economic Development Urban Renewal Plan,
addressing any recommendations made by that entity for modification to the proposed division
ofrevenue.
This notice is given by order of the City Council of the City of Waukee,State of Iowa,as
provided by Section 403.5 of the Code of Iowa,as amended.
Dated this 18'"day of September,2017.
Rebecca D.Schuett
City Clerk,City of Waukee,State of Iowa
(End of Notice)
Section 3.That a public hearing shall be held on the proposed Amendment No.4 to the
Gateway Economic Development Urban Renewal Plan before the City Council at its meeting
which commences at 5:30 P.M.on October 16,2017,in the Council Chambers,City Hall,230
West Hickman Road,Waukee,Iowa.
Section 4.That the City Clerk is authorized and directed to publish notice of this public
hearing in the Dallas Count News,once on a date not less than four (4)nor more than twenty
(20)days before the date of the public hearing,and to mail a copy of the notice by ordinary mail
to each affected taxing entity,such notice in each case to be in substantially the following form:
(One publication required)
NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL
OF A PROPOSED AMENDMENT NO.4 TO THE GATEWAY
ECONOMIC DEVELOPMENT 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 October 16,2017 in the Council
Chambers,City Hall,230 West Hickman Road,Waukee,Iowa,to consider adoption of a
proposed Amendment No.4 to the Gateway Economic Development Urban Renewal Plan (the
"Amendment")concerning an Urban Renewal Area in the City of Waukee,State of Iowa,which
Amendment adds the following property to the Urban Renewal Area:
Lots I -4 of Waukee Central,an Official Plat,City of Waukee,Dallas County,
Iowa (Parcel ¹1234126001,1234126002,1234126003,1234126004)
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 of the 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,as amended,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.4 would add additional land to the Area and to add and/or
confirm the list of proposed projects to be undertaken within the 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 of the Code of Iowa.
Dated this 18'day of September,2017.
Rebecca D.Schuett
City Clerk,City of Waukee,State of Iowa
(End of Notice)
Section 5.That the proposed Amendment No.4 to the Gateway Economic Development
Urban Renewal Plan,attached hereto as Exhibit 1,for the proposed Urban Renewal Area
described therein is hereby officially declared to be the proposed Amendment No.4 to the
Gateway Economic Development Urban Renewal Plan referred to in the notices for purposes of
such consultation and hearing and that a copy of the Amendment shall be placed on file in the
office of the City Clerk.
PASSED AND APPROVED this 18'day of September,2017.
Ma r
ATTEST:
City Clerk
ROLL CALL VOTE
Anna Bergman
R.Charles Bottenberg
Brian Harrison
Shelly Hughes
Larry R.Lyon
AYE
X
X
X
X
NAY ABSENT ABSTAIN
Label the Amendment as Exhibit l with all exhibits and attach it to this Resolution
GATEWAY ECONOMIC
DEVELOPMENT URBAN
RENEWAL PLAN
for the
GATEWAY ECONOMIC
DEVELOPMENT
URBAN RENEWAL AREA
AMENDMENT ¹4
WAUKKE,IOWA
Original Plan —2013
Amendment ¹1-2014
Amendment ¹2 —2015
Amendment ¹3 —2016
Amendment ¹4-2017
TABLE OF CONTENTS
SECTION
A.INTRODUCTION
B.DESCRIPTION OF THE URBAN RENEWAL AREA
C.AREA DESIGNATION
D.HISTORY AND PURPOSE
E.BASE VALUE
F.DEVELOPMENT PLAN
G.AREA OBJECTIVES
H.TYPE OF RENEWAL ACTIVITIES
L PREVIOUSLY APPROVED PROJECTS
J.ELIGIBLE PROJECTS
K.FINANCIAL DATA
L.AGREEMENT TO INCLUDE AGRICULTURAL LAND
M.URBAN RENEWAL FINANCING
N.PROPERTY ACQUISITION/DISPOSITION
O.RELOCATION
P.STATE AND LOCAL REQUIREMENTS
Q.REPEALER AND SEVERABILITY
R.URBAN RENEWAL PLAN AMENDMENTS
S.EFFECTIVE PERIOD
EXHIBITS
A.LEGAL DESCRIPTION OF AMENDMENT ¹4 AREA
B.URBAN RENEWAL AREA MAP
FINAL 091417
Urban Renewal Plan
Gateway Economic Development Urban Renewal Area
City of Wankee,Iowa
A.INTRODUCTION
The Gateway Economic Development Urban Renewal Plan ("Plan"or "Urban
Renewal Plan")was developed to help local officials promote economic
development in the City of Waukee.The primary goal of the Plan is to stimulate,
through public involvement and commitment,private investment in new
commercial and light industrial development.In order to achieve this objective,
Waukee (the "City")adopted the Plan in 2013.Pursuant to the Plan,the City has
undertaken Urban Renewal activities pursuant to the powers granted to it under
Chapter 403 and Chapter 15A of the Code of Iowa,as amended.
The Gateway Economic Development Urban Renewal Plan was amended in 2014
(Amendment ¹I),2015 (Amendment ¹2)and 2016 (Amendment ¹3).The plan is
being further amended to add real estate to the Area to the extent described
hereinafter and to add and/or confirm the list of proposed projects to be undertaken
within the Gateway Economic Development Urban Renewal Area ("Urban
Renewal Area"or "Area")by this Amendment ¹4 ("Amendment ¹4"or
"Amendment").
This Amendment ¹4 repeats much of the original Plan adopted in 2013 for the
reader's convenience.The material changes by this Amendment ¹4 are the
following:
~The addition of the Area described as "Amendment ¹4 Area";
~Section J.Eligible Projects is updated andrevised,page 11;
~Section K.Financial Data is updated and revised,page 12;
~Section L.Update to Agricultural Land section,page 12:
~Exhibit A contains a legal description of the property being
added ("Amendment ¹4 Area");
~Exhibit B contains a Map of the Gateway Economic
Development Urban Renewal Area including the Amendment
¹4 Area.
FINAL 091417
Except as modified by this Amendment,the provisions of the original Gateway
Economic Development Urban Renewal 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 shall control.
B.DESCRIPTION OF THE URBAN RENEWAL AREA
The legal description of the property being added to the Gateway Economic
Development Urban Renewal Area by this Amendment (called "Amendment ¹4
Area")is attached hereto as Exhibit "A".A map of the Amendment ¹4 Area and
including the entire Gateway Economic Development Urban Renewal Area,as
amended,is attached hereto as Exhibit "B".
C.AREA DESIGNATION
With the adoption of this Plan,the City of Waukee designated this Gateway
Economic Development Urban Renewal Area as an economic development district
that is appropriate for the promotion of new commercial and light industrial
development.This designation continues in this Amendment and applies to the
Amendment ¹4 Area.
D.HISTORY AND PURPOSE
The City's first Urban Renewal Area was established in 1988.Over the years,as
the City continued to grow and commercial development opportunities became
available,the City created and amended several new urban renewal areas.In 2004,
the City linked the various urban renewal areas that had been created in previous
years.
In 2011,the City of Waukee approved a Unified Urban Renewal Plan and
Amendment No.1.The 2011 Unified Plan continued the City's objective to
consolidate and link the urban renewal areas in order to maximize the future
expenditures of incremental property tax revenues necessary to promote economic
development.Amendment Nos.2,3 4,5 and 6 to the Unified Plan followed.
The City of Waukee received approval for a new interchange off Interstate 80.
Work on the connecting corridor (Grand Prairie Parkway)to the new interchange
began in the fall of 2013 with the interchange work beginning in October 2014.
When the interchange and connecting corridor are completed,it will open up over
1,000 acres of available land for development.Through planning studies that have
FINAL 091417
been completed,it is estimated that,over time,this new development area can
support up to 7,000 additional residential units and 8.8 million square feet of
commercial and office development.This development potential equates to an
additional 15,000 residents and between 20,000 and 25,000 new jobs.
The Gateway Economic Development Area was established to include all of the
existing undeveloped property within the proposed corridor as well as the existing
right-of-way for those corridor improvements which will be completed over the
next several years.
In 2013,when the Gateway Economic Development Urban Renewal Plan was
adopted,the majority of the area to be included in the new Gateway development
corridor was a part of the Unified Urban Renewal Area but had remained
undeveloped due to lack of public infrastructure.Simultaneously with the
adoption of the Gateway Economic Development Area,the City amended its
Unified Urban Renewal Area,described above,to reflect changes in that Area's
uses and development opportunities.
With the construction of the new interchange,Waukee will be provided with a
direct access to Interstate 80.This new interstate connection will provide new and
unique opportunities to the community,including;
~Development potential for highway service businesses which primarily rely
on the traveler as a market.
~Attractive access for companies in need of the interstate corridor such as
those that are transportation based,market oriented,or distribution related.
~Convenient traffic access which translates into reduced travel time for
commuters.
~Large lot tracts of developable land appropriate for companies in need
ofminimal congestion,convenience to suburban workforce,and new
appropriately-sized infrastructure.
~Potential to recruit big box retailers who draw from a more regional
customer base and who rely on the ease of access made available by
locating near the Interstate.
In order to accommodate this new development,it is estimated that various
infrastructure and development projects will cost in the range of $70 -$80 million
[increased from $45 —$50 million estimate in the Original Plan]and will be
completed over the next several years.In addition to incremental taxes,the City
intends to apply for available federal and state dollars as a funding resource.
The City's plan in 2013 was that as the City begins to invest millions of dollars in
infrastructure to support this new corridor,City officials believed it was necessary
to remove from the Unified Urban Renewal Area those parcels which are
FINAL 091417
undeveloped to date and to re-establish those areas as a new and separate Urban
Renewal Area.This concept applies equally to the Amendment ¹4 Area,which is
undeveloped property and has the potential to support commercial development.
The Gateway Economic Development Urban Renewal Area will allow the City to
plan for,execute and pay for the costs of the necessary public infrastructure to
service new development and will allow the City the ability to maximize future
expenditures of incremental property tax revenues to promote economic
development within the new connecting corridor.
E.BASE VALUE
It is anticipated that a number of TIF ordinances will be adopted for various
parcels within the Urban Renewal Area,corresponding to the completion of new
development projects.Accordingly,different portions of the Urban Renewal Area
will have different base valuation dates.This Amendment does not alter any
previously established base values.
F.DEVELOPMENT PLAN
Waukee has a general plan for physical development of the City as a whole
outlined in the Waukee Comprehensive Plan,adopted in 2008,and last amended in
September 2017.This Urban Renewal Plan,as amended by Amendment ¹4,is in
conformity with the Comprehensive Plan and the land use policy and priorities that
were adopted as part of the planning process.Specific objectives identified in the
Comprehensive Plan include,but are not limited to,a connected citizenry
involving the creation of strong civic gathering places;a successful and
economically viable downtown;business environments that define the future
through innovation and creativity;and mixed-use and neighborhood integrated
commercial developments which maintain a strong retail base and are designed to
be sustainable.
The Gateway Economic Development Urban Renewal Area is primarily zoned
agricultural,commercial,and commercial office.A small portion of the Area is
zoned Multi-Family Residential and Townhomes.
This Urban Renewal Plan does not change or in any way replace 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 is set forth in this Plan,as amended.As the Area develops,the need for
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public infrastructure extensions and upgrades will be evaluated and planned for by
the City.
G.AREA OBJECTIVES
Renewal activities are designed to provide opportunities,incentives,and sites for
new commercial and light industrial development within the district.More
specific objectives for development within the Gateway Economic Development
Urban Renewal Area are as follows:
1.To stimulate through public action and commitment,private investment
in new commercial and light industrial development.
2.To plan for and provide sufficient land for commercial and light
industrial development in a manner that is efficient from the standpoint
of providing municipal services.
3.To provide for the installation of public infrastructure and other public
facilities which contribute to the sound development in the Area.
4.To provide a more marketable and attractive investment climate.
5.To achieve a diversified,well-balanced economy providing a desirable
standard of living,creating job opportunities,and strengthening the tax
base.
H.TYPE OF RENEWAL ACTIVITIES
To meet the objectives of this Urban Renewal Plan and to encourage the
development of the Area,the City intends to utilize the powers conferred under
Chapter 403 and Chapter 15A,Code of Iowa including,but not limited to,tax
increment financing.Activities may include:
1.To undertake and carry out urban renewal projects through the
execution of contracts and other instruments.
2.To arrange for or cause to be provided the consnuction or repair of
public infrastructure,including but not limited to streets,storm water
drainage,sanitary sewer,water,sidewalks,street lights,parks and open
spaces,recreational trails or facilities,landscaping,public utilities or
other related facilities in connection with urban renewal projects.
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3.To provide for the construction of urban renewal projects or specific
site improvements such as grading and site preparation activities,
access roads and parking,fencing,utility connections,and related
activities.
4.To make loans,forgivable loans,tax rebate payments or other types of
economic development grants or incentives to private persons or
businesses for economic development purposes on such terms as may
be determined by the City Council.
5.To use tax increment financing to facilitate urban renewal projects,
including but not limited to,actions to achieve a more marketable and
competitive land offering price and to provide for necessary physical
improvements and infrastructure.
6.To borrow money and to provide security therefor.
7.To make or have made surveys and plans necessary for the
implementation of the Urban Renewal Program or specific urban
renewal projects.
8.To acquire property through a variety of means (purchase,lease,option,
etc.)and to hold,clear,or prepare the property for redevelopment.
9.To dispose of property so acquired.
10.To use any or all other powers granted by the Urban Renewal Act to
develop and provide for improved economic conditions for the City of
Waukee and the State of iowa.
Nothing herein shall be construed as a limitation on the power of the City to
exercise any lawful power granted to the City under Chapter 15,Chapter 15A,
Chapter 403,Chapter 427B,or any other provision of the Code of Iowa in
furtherance of the objectives of this Urban Renewal Plan.
I.PREVIOUSLY APPROVED PROJECTS u dated b Amendment ¹4
Numerous urban renewal projects were authorized prior to the date of this
Amendment and are continuing,including but not limited to the following:
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1)Public Improvements:
Project Estimated
Date
Estimated
Cost
Rationale
Grand Prairie Parkway
(Interstate 80 to University)
Streetscape Enhancements—
landscaping,trails,
underpass enhancements,
si nage
2016-2019 $2,000,000-
$4,000,000
Commercial Corridor
Roadway Expansion
Alice's Road Expansion
Phase 1 (University to
Olson)
Alice's Road Expansion
Phase 2 (Olson to Horizon)
TOTAL
2016-2019 $6,500,000-
$8,000,000
2016-2019 $7,500,000—
$9,000,000
$16,000,000-
$21,000,000
Commercial Corridor
Roadway Expansion
Commercial Condor
Roadway Expansion
Note:This total does not
include financing costs
related to debt issuance.
Note:It may be that the above costs will be reduced by the application of
state and /or federal grants or programs;cost-sharing agreements with other
entities;or other available sources of funds.
2)Development Agreement:
Under authority granted by the Plan,as previously amended,the City entered a
Development Agreement (the "Agreement")with KC Kettlestone,L.C.(the
"Developer")and Ashworth Properties Development,Inc.(the "Land Developer").
The Agreement obligates the Developer to construct certain Minimum
Improvements (as defined in the Agreement)on certain real property located
within the Gateway Urban Renewal Area as defined and legally described in the
Development Agreement,consisting of the construction of a 90,000 square foot,
two story building to be used for office space,together with all related site
improvements,under the terms and following satisfaction of the conditions set
forth in the Agreement.Developer anticipates the Minimum Improvements will be
leased to a commercial business that will employ employees therein.The
Agreement further obligates the City to make up to five (5)consecutive annual
payments of Economic Development Grants to Developer consisting of 100%of
the Tax Increments pursuant to the Iowa Code Section 403.19 and generated by the
construction of the Minimum Improvements;the cumulative total for all such
payments is currently estimated to be $1,740,000 but in no event will exceed the
amount accrued under the formula outlined in the Development Agreement,under
the terms and following satisfaction of the conditions set forth in the Agreement.
The Land Developer will dedicate property to the City,at no cost to the City,to be
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used as right-of-way for certain Public Improvements,as described in the
Agreement,to be constructed by the City in the Urban Renewal Area.The
Agreement further proposes that Land Developer will pay for the costs of the
Public Improvements not otherwise paid for by RISE grants.The Agreement
further obligates the City to make up to five (5)additional consecutive annual
payments of Economic Development Grants to Developer consisting of 100%of
the Tax Increments pursuant to the Iowa Code Section 403.19 and generated by the
construction of the Minimum Improvements,the cumulative total for all such
payments not to exceed the amount accrued under the formula outlined in the
proposed Development Agreement (currently estimated to be $1,740,000),under
the terms and following satisfaction of the conditions set forth in the Agreement.
The Developer will contribute $25,000 from each Economic Development Grant
to offset the cost of the City constructing certain Public Amenities in the Urban
Renewal Area,as described in the Agreement.
J.ELIGIBLE PROJECTS Amendment ¹4
Although certain project activities may occur over a period of years,the Eligible
Urban Renewal Projects under this Amendment include:
1)Development Agreements:
a.Agreement with Fridley Properties LLC.The City anticipates
entering into a detailed Development Agreement (the "Agreement")with Fridley
Properties LLC (the "Developer").The Agreement would,among other things,
obligate the Developer to complete Minimum Improvements constituting of an
approximately 64,000 square foot movie theater and related improvements (as
defined in the Agreement)on a portion of the Development Property,and to
employ employees therein.The Agreement would obligate the City to make five
(5)annual payments of Economic Development Grants to Developer,each
consisting of 100%of the Tax Increments pursuant to the Iowa Code Section
403.19 and generated by the construction of the Minimum Improvements,under
the terms and following satisfaction of the conditions set forth in the Agreement
and up to a cumulative maximum of $2,000,000.
b.Future Development Agreements:The City expects to consider
requests for Development Agreements for projects that are consistent with this
Plan,in the City's sole discretion.Such Agreements are unknown at this time,but
based on past history,and dependent on development opportunities and climate,
the City expects to consider incentives as authorized by this Plan,including but not
limited to land,loans,grants,rebates,public infrastructure assistance and other
incentives.The costs of such Development Agreements will not exceed
$8,000,000 -$10,000,000.
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2)Related Planning Costs:
Planning,engineering fees for planning work,and legal fees to support
proposed urban renewal projects are estimated not to exceed $2,000,000.
K.FINANCIAL DATA
July I,2017,constitutional debt limit:
Current outstanding general obligation debt:
Proposed amount of indebtedness to be incurred:
A specific amount of debt to be incurred for the
Eligible Urban Renewal Projects (Amendment ¹4)
has not yet been determined.This document is for
planning purposes.The estimated project costs in
this Plan are estimates only and will be incurred
and spent over a number of years.In no event will
the City's constitutional debt limit be exceeded.
The City Council will consider each project
proposal on a case-by-case basis to determine if it
is in the City's best interest to participate before
approving an urban renewal project or expense.It
is further expected that such indebtedness,
including interest on the same,may be financed in
whole or in part with tax increment revenues from
the Urban Renewal Area.Subject to the foregoing,
it is estimated that the cost of the Eligible Urban
Renewal Projects (Amendment ¹4)as described
above will be approximately:
$80,529,612
$61,424,472
$12,000,000-
$14,000,000
L.AGREEMENT TO INCLUDE AGRICULTURAL LAND
Because some of the property included in the Gateway Economic Development
Urban Renewal Area by the original Plan contains land that is defined as
"agricultural land"by Iowa Code Section 403.17(3),the City and property owner
have entered into an agreement in which the property owner agrees to allow the
City to include real property defined as "Agricultural Land"in the Urban Renewal
Area.A form of the agreement is attached as Exhibit C to the original Plan.The
original signed agreements are on file at the City Clerk's office.Amendment ¹4
does include the addition of land to the Area,however the land being added does
not meet the requirements for "Agricultural Land".Therefore,no Exhibit C is
attached to this Amendment.
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M.URBAN RENEWAL FINANCING
The City of Waukee intends to utilize various financing tools such as those
described below to successfully undertake the proposed urban renewal actions.
The City of Waukee has the statutory authority to use a variety of tools to finance
physical improvements within the Area.These include:
A.Tax Increment Financing.
Under Section 403.19 of the Iowa Code,urban renewal areas may
utilize the tax increment financing mechanism to finance the costs of
public improvements or economic development incentives associated
with redevelopment projects.Upon creation of a tax increment
district within the Area,by ordinance,the assessment base is frozen
and the amount of tax revenue available from taxes paid on the
difference between the frozen base and the increased value,if any,is
segregated into a separate fund for the use by the City to pay costs of
the proposed urban renewal projects.The increased taxes generated
by any new development,above the base value,are distributed to the
taxing entities,if not requested by the City and in any event upon the
expiration of the tax increment district.
B.General Obligation Bonds.
Under Division III of Chapter 384 and Chapter 403 of the Iowa
Code,the City has the authority to issue and sell general obligation
bonds for specified essential and general corporate purposes,
including the acquisition and construction of certain public
improvements and urban renewal projects within the Area or
incentives for development consistent with this Plan.Such bonds are
payable from the levy of unlimited ad valorem taxes on all the
taxable property within the City of Waukee.It may be the City will
elect to abate some or all of the debt service on these bonds with
incremental taxes from this Area.
The City may also determine to use tax increment financing to provide incentives
such as cash grants,loans,tax rebates or other incentives to developers in
connection with the urban renewal projects identified in this Plan related to
commercial or light industrial development or other urban renewal projects.In
addition,the City may determine to issue general obligation bonds,tax increment
revenue bonds or such other obligations,or loan agreements for the purpose of
making loans or grants of public funds to private businesses located in the Area for
urban renewal projects.Alternatively,the City may determine to use available
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funds for making such loans or grants or other incentives related to urban renewal
projects.In any event,the City may determine to use tax increment financing to
reimburse the City for any obligations or advances.
Nothing herein shall be construed as a limitation on the power of the City to
exercise any lawful power granted to the City under Chapter 15,Chapter 15A,
Chapter 403,Chapter 427B,or any other provision of the Code of Iowa in
furtherance of the objectives of this Urban Renewal Plan.
N.PROPERTY AC UISITION/DISPOSITION
If property acquisition/disposition becomes necessary to accomplish the objectives
of the Plan,urban renewal powers will be carried out,without limitation,in
accordance with the State of Iowa Urban Renewal Law.
O.RELOCATION
The City does not expect there to be any relocation required of residents or
businesses as part of the Proposed Urban Renewal Projects;however,if any
relocation is necessary,the City will follow all applicable relocation requirements.
P.STATE AND LOCAL RE UIREMENTS
All provisions necessary to conform to state and local laws will be complied with
by the City and the developer in implementing this Urban Renewal Plan and its
supporting documents.
REPEALER AND SEVERABILITY
Any parts of the previous Plan,as previously amended,in conflict with this
Amendment are hereby repealed.
In the event one or more provisions contained in the Urban Renewal Plan,as
amended,shall be held for any reason to be invalid,illegal,unauthorized or
unenforceable in any respect,such invalidity,illegality,unauthorization or
enforceability shall not affect any other provision of this Urban Renewal Plan,and
this Urban Renewal Plan shall be construed and implemented as if such provisions
had never been contained herein.
R.URBAN RENEWAL PLAN AMENDMENTS
This Urban Renewal Area Plan may be amended from time to time for a number of
reasons,including but not limited to,change in the Area,to add or change land use
controls and regulations,to add or modify urban renewal projects,to modify goals
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or types of renewal activities,or to amend property acquisition and disposition
provisions.The City Council may amend this Plan pursuant to appropriate
procedures under Iowa Code Chapter 403.
S.EFFECTIVE PERIOD
This Amendment ¹4 to the Gateway Economic Development Urban Renewal Plan
will become effective upon its adoption by the City Council and the Plan,as
amended,will remain in effect until it is repealed by the City Council.During the
life of the Plan,the City Council may designate all or any portion of the property
covered by this Plan as a "tax increment area."With respect to any property
covered by this Plan which is included in an ordinance which designates that
property as a tax increment area,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,is limited to twenty (20)years from the calendar year following the calendar
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 revenue attributable to the portion of the Area within the ordinance.
The division of revenues shall continue within any tax increment area,for the
maximum period allowed by law.
It is anticipated that separate TIF ordinances for separate parcel(s)may be adopted as
development in the Area warrants.
~For TIF ordinances on the Area,the frozen base for the parcels within a TIF
ordinance is set as of January I of the calendar year preceding the first calendar
year in which the City certifies debt in the Area following the adoption of the TIF
ordinance.
~Each TIF ordinance could have separate expiration dates depending on when the
TIF ordinance is adopted.Per law,the collection of tax increment from the
parcel(s)within each TIF ordinance will be limited to no more than 20 years.
~For example,if one of the TIF ordinances on an Area parcel(s)is both adopted and
first certified in 2016,then the frozen base of the parcel(s)within the TIF
ordinance is established as of 1/I/2015 and the fiscal year 2036-2037 is the last
year (expiration date)that tax increment can be collected on property within that
particular TIF ordinance.
At all times,the use of tax increment financing revenues (including the amount of loans,
advances,indebtedness or bonds which qualify for payment from the division of revenue
provided in Section 403.19 of the Code of Iowa)by the City for activities carried out
under the Gateway Economic Development Urban Renewal Plan shall be limited as
deemed appropriate by the City Council and consistent with all applicable provisions of
law.
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EXHIBIT A
LEGAL DESCRIPTION OF AREA
Amendment ¹4 Area —Pro e to be Added to Urban Renewal Area b
Amendment ¹4
Lots I -4 of Waukee Central,an Official Plat,City of Waukee,Dallas County,
Iowa (Parcel ¹1234126001,1234126002,1234126003,1234126004)
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Exhibit B
Map of Gateway Economic Development
Urban Renewal Area
(showing original area and Amendment ¹4 area)
Amendment ¹3 Area
LTp~i 'Naukee
¹ll
Amendmsnt ¹4 Area
Amendment ¹2 Area
Note:Grand Praine Pkwy/Alice's Rd.Right
of Way is induded n Umfied URA,
Gateway Economic Development URA and
Autumn Ridge URA
012/201 3 Alice's Road
Sewer Prolsct
Legend~Parcels~Gateway Urban Renewal Arrsndment¹4~Gateway Urban Renewal Arrendment ¹3~Gateway Urban Renews/Amendment ¹2~Gateway Urban Renewal Area
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