HomeMy WebLinkAbout2015-09-21-Resolutions 15-319_Gateway Economic Development Urban Renewal Plan Amendment 2 - Set PHRESOLUTION NO.15-319
RESOLUTION SETTING DATES OF A
CONSULTATION AND A PUBLIC HEARING ON A
PROPOSED AMENDMENT NO.2 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 "Urban
Renewal Area"or "Area")described therein,which Plan is on file in the office of the
Recorder of Dallas County;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 '/~of the Southwest '/4 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 corner and adjacent Hickman Road (U.S.
Highway 6)Right of Way (Parcel ¹12-26-300-007),and
The East '/~of the Northeast /~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 '/a 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
Final 9i17i15
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 I 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 ¹
16-04-200-014),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/gths 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 '/4 of the Southwest '/4 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
Final 9/17/15
The Northeast Y4 of the Southeast Y4 and the East 10 acres of the
Northwest N of the Southeast Y4 of Section 4,Township 78 North,Range
26 West of the 5'"P.M.(Parcel ¹16-04-426-001),and
The Northwest Y~of the Southwest Y4 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 ¹16-04-478-010 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 ¹16-04-477-001 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 Y4 and the
Southeast Y4 of the Southeast Y~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 Y4 of the Southwest Y~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 ¹16-03-300-008 and Parcel ¹16-03-
300-009),and
The Northeast Y~of the Northwest Y~of Section 9,Township 78 North,
Range 26 West of the 5'"P.M.and the adjacent SE Ashworth Road Right
of Way (Parcel ¹16-09-100-007),and
The Northwest Y~of the Northeast N and the North 5 acres of the
Southwest Y4 of the Northeast Y4 all within Section 9,Township 78 North,
Range 26 West of the 5 P.M.and the adjacent SE Ashworth Road Right
Final 9i17/15
of Way and the adjacent SE Vermillion Court Right of Way (Parcel ¹16-
09-200-001),and
The Northeast Y~of the Northeast '/4 of 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-
09-200-002),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 (Parcel ¹16-10-100-001),and
The Southeast '/4 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 '/2 of the Northwest Y4 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 Y4 of Section of Section 9,Township 78
North,Range 26 West of the 5'"P.M.located north of Interstate 80 (Parcel¹16-09-400-001),and
The South 35 acres of the Southwest '/4 of the Northeast Y4 and the
Southeast '/4 of the Northwest '/4 and the Northeast '/4 of the Southwest '/4
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 Y4 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 Y4 SW Y4,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-
Final 9/17/15
100-001 and Parcel ¹16-03-501-003 and Parcel ¹16-03-100-013 and
Parcel ¹16-03-100-002 and Parcel ¹16-03-100-012);and
WHEREAS,City staff has caused there to be prepared a form of Amendment No.
2 to the Plan ("Amendment No.2"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 land and add/or confirm the list of
eligible projects to be undertaken within the Urban Renewal 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.2 to the Urban Renewal Plan adds land,as
follows:
Amendment No.2 Area
Lots I through 5 of Williams Pointe Plat 15,an Official Plat,City of
Waukee,Iowa (Parcel ¹12-35-351-002,12-35-351-004 and 12-35-351-
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 and 12-35-306-002)
WHEREAS,the Iowa statutes require the City Council to notify all affected
taxing entities of the consideration being given to the proposed Amendment No.2 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 Planning ¹r,Zoning Commission will review the Amendment to
determine if it is in conformity with the Waukee Comprehensive Plan;and
WHEREAS,the Iowa statutes further require the City Council to hold a public
hearing on the proposed Amendment No.2 to the 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
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.
Final 9/17/15
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.2 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 the 28th day of September,2015,in the
Council Chambers,City Hall,230 W.Hickman Road,Waukee,Iowa,at 10:00 A.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.2 to
the Gateway Economic Development Urban Renewal Plan,the notice to be in
substantially the following form:
Final 9/I 7/15
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.2
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 10:00 A.M.on September 28,2015,in the Council Chambers,City Hall,
230 W.Hickman Road,Waukee,Iowa concerning a proposed Amendment No.2 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.2 to the 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 of Iowa,as amended.
Dated this 21st day of September,2015.
Rebecca D.Schuett
City Clerk,City of Waukee,State of Iowa
(End of Notice)
Final 9/17/15
Section 3.That a public hearing shall be held on the proposed Amendment No.2
to the Gateway Economic Development Urban Renewal Plan before the City Council at
its meeting which commences at 5:30 P.M.on October 19,2015,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 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:
Final 9/17/15
(One publication required)
NOTICE OF PUBLIC HEARING TO CONSIDER
APPROVAL OF A PROPOSED AMENDMENT NO.2
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 19,2015 in the
Council Chambers,City Hall,230 W.Hickman Road,Waukee,Iowa,to consider
adoption of a proposed Amendment No.2 to the Gateway Economic Development Urban
Renewal Plan (the "Amendment")concerning an Urban Renewal Area in the City of
Waukee,State of Iowa,legally described as follows:
Lots I through 5 of Williams Pointe Plat 15,an Official Plat,City of
Waukee,Iowa (Parcel ¹12-35-351-002,12-35-351-004 and 12-35-351-
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-
35-305-002,12-35-306-001 811(1 12-35-306-002)
which land is to be included as part of this amended Urban Renewal Area.
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
Final 9/17/15
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 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.2 would add land and add/or confirm the list of
eligible projects to be undertaken within the Urban Renewal Area.Other provisions of
the Plan not affected by the Amendment would remain in full force and effect.
Any person or organization desiring to be heard shall be afforded an opportunity
to be heard at such hearing.
This notice is given by order of the City Council of the City of Waukee,State of
Iowa,as provided by Section 403.5 of the Code of Iowa.
Dated this 21st day of September,2015.
Rebecca D.Schuett
City Clerk,City of Waukee,State of Iowa
(End of Notice)
Final 9/17/15
Section 5.That the proposed Amendment No.2 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.2 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 21"day of September,2015
yol'
ATTEST:
City Clerk
ROLL CALL VOTE
Shane Blanchard
Brian Harrison
Casey L.Harvey
Shelly Hughes
Rick Peterson
AYE
X
X
X
X
X
NAY ABSENT ABSTAIN
Final 9/17/15
GATEWAY ECONOMIC
DEVELOPMENT URBAN
RENEWAL PLAN
for the
GATEWAY ECONOMIC
DEVELOPMENT
URBAN RENEWAL AREA
AMENDMENT ¹2
WAUKKE,IOWA
Original Plan —2013
Amendment ¹1-2014
Amendment ¹2 -2015
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
I.ELIGIBLE 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 RENEWAL PLAN AMENDMENTS
R.EFFECTIVE PERIOD
EXHIBITS
A.LEGAL DESCRIPTION OF AREA
B.URBAN RENEWAL AREA MAP
C.AGREEMENT TO INCLUDE AGRICULTURAL LAND
Final 9/17/15
Urban Renewal Plan
Gateway Economic Development Urban Renewal Area
City of Waukee,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).No real estate was added to the Area with Amendment ¹1.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 by
this Amendment ¹2 ("Amendment ¹2"or "Amendment").
This Amendment ¹2 repeats much of the original Plan adopted in 2013 for the
reader's convenience.The material changes by this Amendment ¹2 are the
following:
~The addition of the Area described as "Amendment ¹2 Area";
~Section I.Eligible Projects is updated and revised,page 9;
~Section J,Financial Data is updated and revised,page 10;
~Section K.Update to Agricultural Land section,page 10:
~Exhibit A contains a legal description of the area being added
"Amendment ¹2 Area");
~Exhibit B contains a Map of the Gateway Economic
Development Urban Renewal Area including Amendment ¹2
area.
Except as modified by this Amendment,the provisions of the original Gateway
Economic Development Urban Renewal Plan are hereby ratified,confirmed,and
Final 9/17/15
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 (called Amendment ¹2 Area")is attached
hereto as Exhibit "A".A map of the Amendment ¹2 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.
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 has 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
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.
Final 9/17/15
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 comdor such as
those that are transportation based,market oriented,or distribution related.
~Convenient traffic access which translates into reduced travel time for
corn
muters.
~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
undeveloped to date and to re-establish those areas as a new and separate Urban
Renewal Area.
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
Final 9/17/15
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 I of the calendar year
preceding the calendar year in which the City first certifies the amount of any
debt.As of the adoption of Amendment ¹2,the City has not yet certified any
indebtedness pursuant to Iowa Code Section 403.19.Accordingly,no frozen base
value has been established for any part of this Area.
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.
F.DEVELOPMENT PLAN
Waukee has a general plan for physical development of the City outlined in the
Waukee Comprehensive Land Use Plan,adopted in 2008.This Urban Renewal
Plan,as amended by Amendment ¹2,is in conformity with the 2008
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 the Area develops,the need for public
infrastructure extensions and upgrades will be evaluated and planned for by the
City.
Final 9/17/15
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 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 urban renewal projects or specific
site improvements such as grading and site preparation activities,
Final 9/17/15
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 proj ects.
8.To acquire property through a variety of means purchase,lease,
option,etc.)and to hold,clear,or prepare the property for redevelop-
ment.
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.
Final 9/17/15
I.ELIGIBLE PROJECTS u dated b Amendment ¹2
There have been no prior projects to date where debt has been certified within the
Gateway Economic Development Urban Renewal Area.Although certain project
activities may occur over a period of years,the Eligible Urban Renewal Projects
under this Plan include:
I)Public Improvements:
Project
Grand Prairie Parkway
(Interstate 80 to University)
Streetscape Enhancements
—landscaping,trails,
underpass enhancements,
si na e
Alice's Road Expansion
Phase I (University to
Olson
Alice's Road Expansion
Phase 2 Olson to Hickman
TOTAL
Estimated
Date
2016-2019
2016-2019
2016-2019
Estimated
Cost
$2,000,000-
$4,000,000
$6,500,000-
$8,000,000
$7,500,000-
$9,000,000
$16,000,000-
$21,000,000
Rationale
Commercial Corridor
Roadway Expansion
Commercial Comdor
Roadway Expansion
Commercial Corridor
Roadwa Ex ansion
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 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
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.
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.
Final 9/17/15
J.FINANCIAL DATA
Jul 1,2015,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 ¹2)
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 as described
above will be a roximatel:
$64,438,160
$46,927,654
$26,000,000—
$33 000 000
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.Amendment ¹2 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.
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 Area.These include:
A.Tax Increment Financing.
Final 9/17/15 10
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 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.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 15A,
Chapter 403,Chapter 427B,or any other provision of the Code of Iowa in
furtherance of the objectives of this Urban Renewal Plan.
M.PROPERTY AC UISITION/DISPOSITION
Final 9/l 7/15
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.
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 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.
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.
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 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 Gateway Economic Development Urban Renewal Plan Amendment //2 will
become effective upon its adoption by the City Council and will remain in effect
as a Plan until it is repealed by the City 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
Final 9/17/15 12
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 Area within the ordinance.The division of
revenues shall continue on the Urban Renewal 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 before the debt is first
certified on the parcel(s)within 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 the 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 2015,then the frozen base of the parcel(s)within the TIF
ordinance is established as of I/I/2014 and the fiscal year 2035-2036 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.
Final 9/17/15 13
EXHIBIT A
LEGAL DESCRIPTION OF AREA
Amendment ¹2 Area —Pro ert to be Added to Urban Renewal Plan
Lots 1 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 and 12-35-306-002)
Final 9/1 7/15 14
Exhibit B
Map of Gateway Economic Development
Urban Renewal Area
(showing original area and Amendment ¹2 area)
Watrtl&eeto
trndrpI'r'8n
4 'il'/'
Aj
Amend ment O2 Area
Note Portions of Grand Prarde Pkwy/
Itics's Rd Right of Way are induded in
Unsed URA,Gateway Economc
l3evelopment URA and Autumn R/dge URA
'am/I I-:'I J
I /
,.244
4
T
jj TZi
:.
1 If ',.
I
I
012/2013 Aires's Road
Sewer Protect I
Legend~Gateway Urban RenewalArea 2014~Gateway Urban RenewalAmendmento2
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