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HomeMy WebLinkAbout2013-09-16-Resolution 13-239_Gateway Economic Development Urban Renewal Plan - Set PHRESOLUTION NO.13-239 RESOLUTION DETERMINING THE NECESSITY AND SETTING DATES OF A CONSULTATION AND A PUBLIC HEARING ON A PROPOSED GATEWAY ECONOMIC DEVELOPMENT URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF WAUKEE,STATE OF IOWA WHEREAS,it is hereby found and determined that one or more economic development areas,as defined in Chapter 403,Code ofIowa,exist within the City and the rehabilitation,conservation,redevelopment,development,or combination thereof,of the area is necessary in the interest of the public health,safety,or welfare of the residents of the City;and WHEREAS,this Council has reasonable cause to believe that the area described below satisfies the eligibility criteria for designation as an urban renewal area under Iowa law and has caused there to be prepared a proposed Gateway Economic Development Urban Renewal Plan for the Gateway Economic Development Urban Renewal Area (the "Urban Renewal Area"or "Area"),which proposed Plan is attached hereto as Exhibit 1; and WHEREAS,this proposed Urban Renewal Area includes and consists of: The South 733 feet of the Southwest Yo of the Southwest Yo of Section 26, Township 79 North,Range 26 West of the 5th P.M.and adjacent Alice's Road Right of Way and adjacent Hickman Road (US.Highway 6)Right of Way (Parcel #12-26-300-005),and A parcel of land within the Southeast Yo of the Southwest Yo of Section 26, Township 79 North,Range 26 West of the 5th P.M.beginning at the Southwest comer 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 corner and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel #12-26-300-007),and The East Y,of the Northeast Yo of Section 34,Township 79 North,Range 26 West of the 5th P.M.and adjacent Alice's Road Right of Way and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel #12-34-200-006 and Parcel #12-34-200-005),and Lots 1 and 2 of Williams Pointe Plat 7,an Official Plat,City of Waukee, Iowa and adjacent Alice's Road Right of Way (Parcel #12-35-302-001 and Parcel #12-35-301-001),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 Y.of the Southwest Y.of Section 35,Township 79 North,Range 26 West of the 5th P.M.and the adjacent University Avenue Right of Way (Parcel #12-35-300-005),and Government Lot 3 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,and adjacent SE University Avenue Right of Way (Parcel #16-04- 100-006);and Govemment Lot 2 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,and adjacent SE University Avenue Right of Way (Parcel #16-04- 200-001 and Parcel #16-04-200-006),and Govemment Lot 1 of Section 4,Township 78 North,Range 26 West of the 5th P.M.and adjacent SE University Avenue Right of Way (Parcel #16-04- 200-007 and Parcel #16-04-200-006),and Govemment 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 5th P.M.(Parcel #16-04-200-011 and Parcel #16-04-200-013 and Parcel #16-04-200-002),and Outlot X of Grant Park 2,an Official Plat,City of Waukee,Iowa (Parcel # 16-04-200-014),and Government Lot 8 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,(Parcel #16-04-200-008),and Govemment Lot 9 of Section 4,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-04-200-009),and Government Lot 16 of Section 4,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-04-200-010),and Government Lot 5 of Section 3,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-03-100-034)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 5th P.M.and the adjacent west half of the SE Waco Place Right of Way (Parcel #16-03-100-006)and, Government Lot 15 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,(Parcel #16-04-200-005),and The West 3/8ths of the Southeast Quarter of Section 4,Township 78 North, Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel #16-04-401-001),and The East V.of the Southwest V.of Section 4,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel #16-04-300-004),and The Northeast V.of the Southeast V.and the East 10 acres of the Northwest V.of the Southeast V.of Section 4,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-04-426-001),and The Northwest V.of the Southwest V.of Section 3,Township 78 North, Range 26 West of the 5th P.M.and the adjacent west half of the SE Waco Place Right of Way (Parcel #16-03-300-013 and Parcel #16-03-300-015 and Parcel #16-03-300-014),and All of Dolmage Estates Plat 1,an Official Plat,City of Waukee,Iowa and adjacent SE Ashworth Road Right of Way (parcel #16-04-478-011 and Parcel #16-04-478-010 and Parcel #16-04-478-009 and Parcel #16-04- 478-008 and Parcel #16-04-478-007 and Parcel #16-04-477-009 and Parcel #16-04-477-008 and Parcel #16-04-477-007 and Parcel #16-04- 477-006 and Parcel #16-04-477-005 and Parcel #16-04-451-005 and Parcel #16-04-451-006 and Parcel #16-04-451-007),and All of Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel #16-04-477-001 and Parcel #16-04-477-002 and Parcel #16-04- 477-003 and Parcel #16-04-477-001 and Parcel #16-04-451-001 and Parcel #16-04-451-002 and Parcel #16-04-451-003 and Parcel #16-04- 451-004 and Parcel #16-04-476-002 and Parcel #16-04-476-003 and Parcel #16-04-476-004 and Parcel #16-04-476-005 and Parcel #16-04- 476-006 and Parcel #16-04-478-001 and Parcel #16-04-478-002 and Parcel #16-04-478-003 and Parcel #16-04-478-004),and The East 10 acres ofthe Southwest y"of the Southeast y"and the Southeast y"of the Southeast y"of Section 4,Township 78 North,Range 26 West of the 5th P.M.,except Dolmage Estates Plat 1,an Official Plat,City of Waukee,Iowa and except DolmageEstates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel #16-04-478-006 and Parcel #16-04-476-001),and The Southwest y"of the Southwest y"of Section 3,Township 78 North, Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Waco Place Right of Way (Parcel #16-03-300- 004 and Parcel #16-03-300-005 and Parcel #16-03-300-006 and Parcel # 16-03-300-007 and Parcel #16-03-300-008 and Parcel #16-03-300-009), and The Northeast y"of the Northwest y"of Section 9,Township 78 North, Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel #16-09-100-007),and The Northwest y"of the Northeast y"and the North 5 acres of the Southwest y"of the Northeast y"all within Section 9,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Vermillion Court Right of Way (parcel #16-09-200-001), and The Northeast y"of the Northeast y"of Section 9,Township 78 North, Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Vermillion Court Right of Way (Parcel #16-09- 200-002),and The Northwest y"of the Northwest y"of Section 10,Township 78 North, Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (parcel #16-10-100-001),and The Southeast y"of the Northeast y"of Section 9,Township 78 North, Range 26 West of the 5th P.M.,except the 11 acres for Interstate 80 and the adjacent SE Vermillion Court Right of Way (Parcel #16-09-200-004),and The South Y,of the Northwest y"of Section 10,Township 78 North,Range 26 West of the 5th P.M.,located north ofInterstate 80 (Parcel #16-10-100- 007),and The Northwest Y.of the Southeast Y.of Section of Section 9,Township 78 N01ih,Range 26 West of the 5th P.M.located north of Interstate 80 (Parcel #16-09-400-001),and The South 35 acres of the Southwest Y.of the Northeast Y.and the Southeast Y.of the Northwest Y.and the Northeast Y.of the Southwest Y.all within Section 9,Township 78 N01ih,Range 26 West of the 5th 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 Y.comer 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 ofNW Y.SW Y.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 Y.SW Y.,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 #16-09-200- 003 and Parcel #16-09-100-013 and Parcel #16-09-300-005),and The Southwest Y.of the Southwest Y.of Section 9,Township 78 North, Range 26 West of the 5th P.M.,Dallas County,Iowa,lying North of Interstate 80,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 Southwest comer of said Section 9;thence North 00°39'25"East (all bearings referenced to Grid North Iowa State Plane Coordinate System South Zone),a distance of 998.10 feet along the West line of said SW Y.SW Y.;thence South 89°20'35"East,a distance of 869.89 feet to a point on the North line of an existing sanitary sewer easement,said point being the point of beginning;thence North 28°09'10" East,a distance of 14.49 feet;thence North 68°42'06"East,a distance of 375.00 feet;thence North 00°55'58"East,a distance of 308.23 feet to the North line of said SW Y.SW Y..(Parcel #16-09-300-015),and The Southeast Y.of the Southwest Y.of Section 9,Township 78 N01ih, Range 26 West of the 5th P.M.lying North ofInterstate 80 (Parcel #16-09- 300-0070),and Government Lot 4 of Section 3,Township 78 North,Range 26 West of the 5th P.M.located west of the centerline of SE Waco Place Right of Way and the adjacent SE University Avenue Right of Way (Parcel #16-03-100-001 and Parcel #16-03-501-003 and Parcel #16-03-100-013 and Parcel #16- 03-100-002 and Parcel #16-03-100-012). WHEREAS,the proposed urban renewal area includes land classified as agricultural land and written permission of the current owners will be obtained;and WHEREAS,it is desirable that these areas be redeveloped as part of the overall redevelopment area covered by the Plan;and WHEREAS,City staff has caused there to be prepared a form of Plan,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 form the Gateway Economic Development Urban Renewal Plan;and WHEREAS,the Iowa statutes require the City Council to submit the proposed Gateway Economic Development Urban Renewal Plan to the Planning and Zoning Commission for review and recommendation as to its conformity with the general plan for development of the City as a whole prior to Council approval of such Plan,and further provides that the Planning and Zoning Commission shall submit its written recommendations thereon to this Council within thirty (30)days of its receipt of such proposed Gateway Economic Development Urban Renewal Plan;and WHEREAS,the Iowa statutes require the City Council to notify all affected taxing entities of the consideration being given to the proposed 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 Gateway Economic Development Urban Renewal Plan subsequent to notice thereof by publication in a newspaper having 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 Plan 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 Gateway Economic Development Urban Renewal Plan required by Section 403.5(2)of the Code ofIowa,as amended,shall be held on the 23rd day of September,2013,in the Council Chambers,City Hall,230 W. Hickman Road,Waukee,Iowa,at 10:00 o'clock A.M.,and the City Administrator or his designee 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 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 GATEWAY ECONOMIC DEVELOPMENT URBAN RENEWAL PLAN FOR THE CITY OF WAUKEE,STATE OF IOWA The City of Waukee,State ofIowa will hold a consultation with all affected taxing entities,as defined in Section 403.17(1)of the Code ofIowa,as amended,commencing at 10:00 o'clock A.M.on September 23,2013,in the Council Chambers,City Hall,230 W. Hickman Road,Waukee,Iowa concerning a proposed 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 ofthe 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 Plan. 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 City Administrator or his designee, as the designated representative of the City of Waukee,State ofIowa,shall submit a written response to the affected taxing entity,no later than seven days prior to the public hearing on the proposed Gateway Economic Development Urban Renewal Plan, addressing any recommendations made by that entity for modification to the proposed division of revenue. 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 ofIowa,as amended. Dated this 16th day of September,2013. Rebecca D.Schuett City Clerk,City of Waukee,State ofIowa (End of Notice) Section 3.That a public hearing shall be held on the proposed Gateway Economic Development Urban Renewal Plan before the City Council at its meeting which commences at 5:30 o'clock P.M.on October 21,2013,in the Council Chambers,City Hall,230 W.Hickman Road,Waukee,Iowa. Section 4.That the City Clerk is authorized and directed to publish notice of this public hearing in the Des Moines Register,once on a date not less than four (4)nor more than twenty (20)days before the date ofthe 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 GATEWAY ECONOMIC DEVELOPMENT 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 ofIowa,will hold a public hearing before itself at its meeting which commences at 5:30 o'clock P.M.on October 21,2013 in the Council Chambers,City Hall,230 W.Hickman Road,Waukee,Iowa,to consider adoption of a proposed Gateway Economic Development Urban Renewal Plan (the "Plan")conceming a proposed Urban Renewal Area in the City of Waukee,State of Iowa,generally depicted in the following map: which land is to be included as pari ofthis proposed Urban Renewal Area. 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 ofIowa 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 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 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 ofloans or grants of public funds to private entities under Chapter 15A of the Code ofIowa.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 such costs may be sought if and to the extent incurred by the City.The Plan initially proposes specific public infrastructure or site improvements to be undertaken by the City,as well as incentives for private development,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 ofthe City Council of the City of Waukee,State of Iowa,as provided by Section 403.5 of the Code ofIowa. Dated this 16th day of September,2013. Rebecca D.Schuett City Clerk,City of Waukee,State of Iowa (End of Notice) Section 5.That the proposed 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 Gateway Economic Development Urban Renewal Plan referred to in the notices for purposes of such consultation and hearing and that a copy of the Plan shall be placed on file in the office of the City Clerk. Section 6.That the proposed Gateway Economic Development Urban Renewal Plan be submitted to the Planning and Zoning Commission for review and reconnnendation as to its conformity with the general plan for the development of the City as a whole,with such recommendation to be submitted in writing to this Council within thirty (30)days of the date hereof. PASSED AND APPROVED this 16th day of September,2013. ATTEST: j0)))A'·6~ City Clerk ROLL CALL VOTE Shane Blanchard Casey L.Harvey Shelly Hughes C.Isaiah McGee Mike Watts AYE X X X X X NAY ABSENT ABSTAIN Label the Plan as Exhibit I (with all exhibits)and attach it to this Resolution. GATEWAY ECONOMIC DEVELOPMENT URBAN RENEWAL PLAN for the GATEWAY ECONOMIC DEVELOPMENT URBAN RENEWAL AREA WAUKEE,IOWA October,2013 SIMMERING-CORY,INC. Final 9/l 2/l 3 TABLE OF CONTENTS SECTION A.INTRODUCTION B.DESCRIPTION OF THE URBAN RENEWAL AREA C.DISTRICT DESIGNATION D.HISTORY AND PURPOSE E.BASE VALUE F.DEVELOPMENT PLAN G.AREA OBJECTIVES H.TYPE OF RENEWAL ACTIVITIES 1.PROPOSED PROJECTS J.FINANCIAL DATA K.AGREEMENT TO INCLUDE AGRICULTURAL LAND L.URBAN RENEWAL FINANCING M.PROPERTY ACQUISITION/DISPOSITION N.RELOCATION O.STATE AND LOCAL REQUIREMENTS P.SEVERABILITY Q.URBAN RENEW AI.PLAN AMENDMENTS R.EFFECTIVE PERIOD EXHIBITS A.LEGAL DESCRIPTION OF AREA B.URBAN RENEWAL AREA MAP C.AGREEMENT TO INCLUDE AGRICULTURAL LAND Final 9/J 2/J 3 -2- Urban Renewal Plan Gateway Economic Development Urban Renewal Area City of Waukee,Iowa A.INTRODUCTION This Gateway Economic Development Urban Renewal Plan ("Plan"or "Urban Renewal Plan")has been 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")intends to undertake Urban Renewal activities pursuant to the powers granted to it under Chapter 403 and Chapter 15A of the Code oflowa,as amended. B.DESCRIPTION OF THE URBAN RENEWAL AREA The Gateway Economic Development Urban Renewal Area ("Area"or "Urban Renewal Area")is described in Exhibit A and illustrated in Exhibit B. The City reserves the right to modify the boundaries of the Area at some future date. Co DISTRICT DESIGNATION With the adoption of this Plan,the City of Waukee will designate 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. 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 20J J,the City of Waukee approved a Unified Urban Renewal Plan and Amendment No.1.The 2011 Unified PJan continued the City's objective to consoJidate and link the urban renewal areas in order to maximize the future final 9/12/13 -3 - expenditures of incremental property tax revenues necessary to promote economic development.Amendment Nos.2 and 3 followed. The City of Waukee is now in the final stages of receiving approval for a new interchange offInterstate 80.Work on the connecting corridor (Alice's Road)to the new interchange is anticipated to begin in the fall of 20 13 with the interchange work beginning in the summer of2014. 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 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. A new Urban Renewal Area,which the City has designated as the Gateway Economic Development Area,is being 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. The majority of the area to be included in the new Gateway development corridor is now a part of the Unified Urban Renewal Area but has remained undeveloped due to lack of public infrastructure.Simultaneously with the adoption of the Gateway Economic Development Area,the City is also amending 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 of minimal 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. Final 9/12/13 -4- In order to accommodate this new development,it is estimated that various infrastructure and development projects will cost in the range of $45 -$50 million 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. As the City begins to invest millions of dollars in infrastructure to support this new corridor,City officials believe it is necessary to remove from the Unified Urban Renewal Area those parcels which are undeveloped to date and to re-establish those areas as a new and separate Urban Renewal Area. Creating this new 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 If the Gateway Economic Development Urban Renewal Area is legally established and debt is certified prior to December 1,2013,the taxable valuation within the district as of January 1,2012,will be considered the "base valuation."If debt is not certified until a later date,the "base value"will be the assessed value of the taxable property in the Urban Renewal Area as of January 1 of the calendar year preceding the calendar year in which the City first certifies the amount of any debt. It is anticipated that a number of TIP ordinances will be adopted for various parcels within the Urban Renewal Area,corresponding to the completion of new development projects. F.DEVELOPMENT PLAN Waukee has a general plan for development outlined in the Waukee Comprehensive Land Use Plan,adopted in 2008.This Urban Renewal Plan is consistent with the 2008 Comprehensive Plan and the land use policy and priorities that were adopted as part of the plarming process.Specific objectives identified in the Comprehensive Plan include,but arc 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. Final 9/12/13 -5 - 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. 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: I.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 Inay include: I.To undertake and carry out urban renewal projects through the execution of contracts and other instruments. Final 9/12/13 -6 - 2.To arrange for or cause to be provided the construction 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. 3.To provide for the construction of 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 proj ects, 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 ofIowa. 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. Final 9/12/13 -7 - I.PROPOSED PROJECTS Although certain project activities may occur over a period of years,the Proposed Urban Renewal Projects under this Plan include: 1)Public Improvements: Project Estimated Estimated Cost Rationale Date Alice's Road Extension 2013-$8,610,000 Commercial Corridor (Ashworth -University 2014 Roadway Expansion Alice's Road Intersection 2014 $2,300,000 Commercial Corridor Improvements Roadway Expansion (University Avenue) Alice's Road 2014 $350,000 Commercial Corridor Enhancements,including Roadway Expansion but not limited to traffic signals and the installation of recreational trails Alice's Road Streetscape,2014 $3,000,000 Commercial Corridor including but not limited Roadway Expansion to medians,lighting, landscaping,and special features Alice's Road Interchange 2014-$6,800,000 Commercial Corridor (On-off ramps)2015 Interchange Expansion Alice's Road Paving-2014-$2,470,000 Commercial Corridor (Ashworth to 1-80)2015 Roadway Expansion Alice's Road Expansion 2016 $13,400,000 Commercial Corridor (University to Hickman)Roadway Expansion TOTAL $36,930,000 2)Development Agreements: 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 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. Final 9/12/13 -8 - 3)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. J.FINANCIAL DATA l.July 1,2013,constitutional debt limit:$54,995,155 2.Current outstanding general obligation debt:$28,547,418 3.Proposed amount of indebtedness to be incurred: A specific amount of debt to be incurred for the Proposed Urban Renewal Projects 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 Proposed Urban Renewal Projects as described above will be $48,03 0,000 - approximately:$50,030,000 K.AGREEMENT TO INCLUDE AGRICULTURAL LAND Because some of the area being added to the Gateway Economic Development Urban Renewal Area 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.The original signed agreements are on file at the City Clerk's office. L.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 Arca.These include: Final 9/12/13 -9 - 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 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 Sections 384.23 to 384.36 and/or 403.12 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 within the Area.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.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.Alternatively,the City may determine to use available funds for making such loans or grants or other incentives related to urban renewal projects. 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 l5A, Chapter 403,Chapter 427B,or any other provision of the Code of Iowa in furtherance of the objectives of this Urban Renewal Plan. Final 9/12/13 -10- M.PROPERTY ACQUISITIONIDISPOSITION 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 ofIowa Urban Renewal Law. N.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. O.STATE AND LOCAL REQUIREMENTS 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. P.SEVERABILITY 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. Q.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 modify goals 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. R.EFFECTIVE PERIOD This Urban Renewal Plan will become effective upon its adoption by the City Council and will remain in effect as a Plan until it is repealed by the CilY Council. During the life of this 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 Final 9/12/13 -11 - 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 Area within the ordinance. Final 9/12/13 .12 . EXHIBIT A LEGAL DESCRlPTION OF AREA The Gateway Economic Development Urban Renewal Area IS described as follows: The South 733 feet of the Southwest V.of the Southwest V.of Section 26, Township 79 North,Range 26 West of the 5th P.M.and adjacent Alice's Road Right of Way and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel #12-26-300-005),and A parcel of land within the Southeast V.of the Southwest II.of Section 26, Township 79 North,Range 26 West of the 5"1 P.M.beginning at the Southwest comer 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 corner and adjacent I-Iickman Road (U.S.Highway 6)Right of Way (Parcel #12-26-300- 007),and The East Y,of the Northeast V.of Section 34,Township 79 North,Range 26 West of the 5th P.M.and adjacent Alice's Road Right of Way and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel #12-34-200-006 and Parcel #12-34- 200-005),and Lots 1 and 2 of Williams Pointe Plat 7,an Official Plat,City of Waukee,Iowa and adjacent Alice's Road Right of Way (Parcel #12-35-302-001 and Parcel #12-35- 301-001),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 V. of the Southwest V.of Section 35,Township 79 North,Range 26 West of the 5th P.M.and the adjacent University Avenue Right of Way (Parcel #12-35-300-005), and Govermnent Lot 3 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,and adjacent SE University Avenue Right of Way (Parcel #16-04-100-006); and Final 9/12/13 -13 - Government Lot 2 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,and adjacent SE University Avenue Right of Way (Parcel #16-04-200-001 and Parcel #16-04-200-006),and Govermnent Lot 1 of Section 4,Township 78 North,Range 26 West of the 5th P.M.and adjacent SE University Avenue Right of Way (Parcel #16-04-200-007 and Parcel #16-04-200-006),and Government Lot 7,Except Parcel "A";and Government Lot 10,Except Parcel "BOO thereof,all in Section 4,Township 78 North,Range 26 West of the 5th P.M. (Parcel #16-04-200-011 and Parcel #16-04-200-013 and Parcel #16-04-200-002), and Outlot X of Grant Park 2,an Official Plat,City of Waukee,Iowa (Parcel #16-04- 200-014),and Government Lot 8 of Section 4,Township 78 North,Range 26 West of the 5th P.M.,(Parcel #16-04-200-008),and Government Lot 9 of Section 4,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-04-200-009),and Government Lot 16 of Section 4,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-04-200-010),and Government Lot 5 of Section 3,Township 78 North,Range 26 West of the 5th P.M.(Parcel #16-03-100-034)and adjacent west half of the SE Waco Place Right of Way,and Govermnent Lot 12 of Section 3,Township 78 North,Range 26 West of the 5th P.M.and the adjacent west half of the SE Waco Place Right of Way (Parcel #16- 03-100-006)and, Government Lot 15 of Section 4,Township 78 North,Range 26 West of the s" P.M.,(Parcel #16-04-200-005),and The West 3/8ths of the Southeast Quarter of Section 4,Township 78 North,Range 26 West of the s"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel #16-04-401-001),and The East y"of the Southwest y"of Section 4,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel #16-04- 300-004),and Final 9/12/13 -14 - The Northeast y"of the Southeast y"and the East 10 acres of the Northwest y"of the Southeast y"of Section 4,Township 78 North,Range 26 West of the 5th P.M. (Parcel #16-04-426-001),and The Northwest y"of the Southwest y"of Section 3,Township 78 North,Range 26 West of the 5th P.M.and the adjacent west half of the SE Waco Place Right of Way (Parcel #16-03-300-013 and Parcel #16-03-300-015 and Parcel #16-03-300- 014),and All of Dolmage Estates Plat 1,an Official Plat,City of Waukee,Iowa and adjacent SE Ashworth Road Right of Way (Parcel #16-04-478-011 and Parcel #16-04- 478-010 and Parcel #16-04-478-009 and Parcel #16-04-478-008 and Parcel #16- 04-478-007 and Parcel #16-04-477-009 and Parcel #16-04-477-008 and Parcel # 16-04-477-007 and Parcel #16-04-477-006 and Parcel #16-04-477-005 and Parcel #16-04-451-005 and Parcel #16-04-451-006 and Parcel #16-04-451-007),and All of Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel #16- 04-477-001 and Parcel #16-04-477-002 and Parcel #16-04-477-003 and Parcel # 16-04-477-001 and Parcel #16-04-451-001 and Parcel #16-04-451-002 and Parcel #16-04-451-003 and Parcel #16-04-451-004 and Parcel #16-04-476-002 and Parcel #16-04-476-003 and Parcel #16-04-476-004 and Parcel #16-04-476-005 and Parcel #16-04-476-006 and Parcel #16-04-478-001 and Parcel #16-04-478- 002 and Parcel #16-04-478-003 and Parcel #16-04-478-004),and The East 10 acres of the Southwest y"of the Southeast y"and the Southeast y"of the Southeast y"of Section 4,Township 78 North,Range 26 West of the 5th P.M., except Dolmage Estates Plat 1,an Official Plat,City of Waukee,Iowa and except Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel #16-04- 478-006 and Parcel #16-04-476-001),and The Southwest y"of the Southwest y"of Section 3,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Waco Place Right of Way (Parcel #16-03-300-004 and Parcel #16- 03-300-005 and Parcel #16-03-300-006 and Parcel #16-03-300-007 and Parcel # 16-03-300-008 and Parcel #16-03-300-009),and The Northeast y"of the Northwest y"of Section 9,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel # 16-09-100-007),and The Northwest 1;"of the Northeast y"and the North 5 acres of the Southwest y"of the Northeast y"all within Section 9,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Vermillion Court Right of Way (Parcel #16-09-200-001),and Final 9/12/13 -]5 - The Northeast V.of the Northeast V.of Section 9,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way and the adjacent SE Vermillion Court Right of Way (Parcel #16-09-200-002),and The Northwest V.of the Northwest V.of Section 10,Township 78 North,Range 26 West of the 5th P.M.and the adjacent SE Ashworth Road Right of Way (Parcel # 16-10-100-001),and The Southeast V.of the Northeast V.of Section 9,Township 78 North,Range 26 West of the 5th P.M.,except the 11 acres for Interstate 80 and the adjacent SE Vermillion Court Right of Way (Parcel #16-09-200-004),and The South Yz of the Northwest V.of Section 10,Township 78 North,Range 26 West of the 5th P.M.,located north ofInterstate 80 (Parcel #16-10-100-007),and The Northwest V.of the Southeast V.of Section of Section 9,Township 78 North, Range 26 West of the 5th P.M.located north ofInterstate 80 (Parcel #16-09-400- 001),and The South 35 acres of the Southwest V.of the Northeast V.and the Southeast V.of the Northwest V.and the Northeast V.of the Southwest V.all within Section 9, Township 78 North,Range 26 West of the 5th 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 V.comer 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 ofNW V.SW V.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 V.SW V.,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 #16-09-200-003 and Parcel #16-09-100-013 and Parcel #16-09-300-005),and The Southwest V.of the Southwest V.of Section 9,Township 78 North,Range 26 West of the 5th P.M.,Dallas County,Iowa,lying North of Interstate 80,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 Southwest corner of said Section 9;thence North 00°39'25"East (all bearings referenced to Grid North Final 9/12/13 -16 - Iowa State Plane Coordinate System South Zone),a distance of998.10 feet along the West line of said SW Y.SW Y.;thence South 89°20'35"East,a distance of 869.89 feet to a point on the North line of an existing sanitary sewer easement, said point being the point of beginning;thence North 28°09'10"East,a distance of 14.49 feet;thence North 68°42'06"East,a distance of 375.00 feet;thence North 00°55'58"East,a distance of 308.23 feet to the North line of said SW Y.SW Y.. (Parcel #16-09-300-015),and The Southeast Y.of the Southwest Y.of Section 9,Township 78 North,Range 26 West of the 5th P.M.lying North oflnterstate 80 (Parcel #16-09-300-0070),and Government Lot 4 of Section 3,Township 78 North,Range 26 West of the 5th P.M.located west of the centerline of SE Waco Place Right of Way and the adjacent SE University Avenue Right of Way (Parcel #16-03-100-001 and Parcel #16-03-501-003 and Parcel #16-03-100-013 and Parcel #16-03-100-002 and Parcel #16-03-100-012). Final 9/12/13 .17 . Exhibit B Map of Gateway Economic Development Urban Renewal Area Waukee Gateway Economic Development Urban Renewal Area Final 9f12f13 -18 - EXHIBIT C AGREEMENT TO INCLUDE AGRlCUL TURAL LAND IN THE GATEWAY ECONOMIC DEVELOPMENT URBAN RENEWAL AREA WHEREAS,the City of Waukee,Iowa,(the "City")has proposed the Gateway Economic Development Urban Renewal Plan ("Plan")for the Gateway Economic Development Urban Renewal Area (the "Urban Renewal Area"),pursuant to Chapter 403 of the Code ofIowa,in order to undertake activities authorized by that Chapter;and WHEREAS,it has been proposed that the boundaries of the Area will include certain property designated in the Gateway Economic Development Urban Renewal Plan ("Property");and WHEREAS,Section 403.17(10)of the Code of Iowa provides that no property may be included in an urban renewal area which meets the definition in that Section of "agricultural land,"until the owners of such property agree to include such property in such urban renewal area;and WHEREAS,it has been determined that the portion of the property owned by the Agricultural Land Owner below meets the definition of "agricultural land"in Section 403.17(3)of the Code ofIowa; NOW,THEREFORE,it is hereby certified and agreed by the Agricultural Land Owner as follows: 1.The Agricultural Land Owner hereby certifies that he/she is the owner of certain Property within the proposed Urban Renewal Area and agrees that the City of Waukee,Iowa,may include such area within the Urban Renewal Area. 2.The Agricultural Land Owner further authorizes the governing body of the City of Waukee,Iowa,to pass any resolution or ordinance necessary to designate said Property as part of the Urban Renewal Area under Chapter 403 of the Code of Iowa,and to proceed with activities authorized under said Chapter. DATED this __day of ,2013. Agricultural Land Owner's Name:Agricultural Land Owner's Name: Signature:_Signature:_ Date:_Date:_ Witness:_Witness:_ Approved by the Waukee City Council on the __day of ,2013. Mayor Attest:City Clerk Final 9112113 -19 -