HomeMy WebLinkAbout2015-10-19-Resolutions 15-350_Gateway Economic Development Urban Renewal Plan Amendment 2RESOLUTION NO.15-350
RESOLUTION DETERMINING AN AREA OF THE CITY TO
BE AN ECONOMIC DEVELOPMENT AREA,AND THAT THE
REHABILITATION,CONSERVATION,REDEVELOPMENT,
DEVELOPMENT,OR A COMBINATION THEREOF,OF
SUCH AREA IS NECESSARY IN THE INTEREST OF THE
PUBLIC HEALTH,SAFETY OR WELFARE OF THE
RESIDENTS OF THE CITY;DESIGNATING SUCH AREA AS
APPROPRIATE FOR URBAN RENEWAL PROJECTS;AND
ADOPTING AMENDMENT NO.2 TO THE GATEWAY
ECONOMIC DEVELOPMENT URBAN RENEWAL PLAN
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 '/4 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
Hiclanan Road (U.S.Highway 6)Right of Way (Parcel ¹12-26-300-005 and ¹12-
26-300-004),and
A parcel of land within the Southeast '/4 of the Southwest '/~of Section 26,
Township 79 North,Range 26 West of the 5'P.M.beginning at the Southwest
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
comer and adjacent Hickman Road (U.S.Highway 6)Right of Way (Parcel ¹12-
26-300-007),and
The East '/z of the Northeast N 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 '/~of Section 35,Township 79 North,Range 26 West of the 5'"
P.M.and the adjacent University Avenue Right of Way (Parcel ¹12-35-300-005),
and
Government Lot 3 of Section 4,Township 78 North,Range 26 West of the 5'
P.M.,and adjacent SE University Avenue Right of Way (Parcel ¹16-04-100-
006);and
Government Lot 2 of Section 4,Township 78 North,Range 26 West of the 5
P.M.,lying south of railroad right of way and adjacent SE University Avenue
Right of Way (Parcel ¹16-04-200-001),and
Government Lot 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 ¹'16-04-200-011 and Parcel ¹16-04-200-013 and Parcel ¹16-04-200-
002),and
Outlot X of Grant Park 2,an Official Plat,City of Waukee,Iowa (Parcel ¹16-04-
200-014),and
Government Lot 8 of Section 4,Township 78 North,Range 26 West of the 5
P.M.,(Parcel ¹16-04-200-008),and
Government Lot 9 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.(Parcel ¹16-04-200-009),and
Government Lot 16 of Section 4,Township 78 North,Range 26 West of the 5'
P.M.(Parcel ¹16-04-200-010),and
Government Lot 5 of Section 3,Township 78 North,Range 26 West of the 5'"
P.M.(Parcel ¹16-03-100-034)and adjacent west half of the SE Waco Place Right
of Way,and
Government Lot 12 of Section 3,Township 78 North,Range 26 West of the 5
P.M,and the adjacent west half of the SE Waco Place Right of Way (Parcel ¹16-
03-100-006)and,
Government Lot 15 of Section 4,Township 78 North,Range 26 West of the 5'"
P.M.,(Parcel ¹16-04-200-005),and
The West 3/8ths of the Southeast Quarter of Section 4,Township 78 North,
Range 26 West of the 5'"P.M,and the adjacent SE Ashworth Road Right of Way
(Parcel ¹16-04-401-001),and
The East '/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
The Northeast /4 of the Southeast '/4 and the East 10 acres of the Northwest '/~of
the Southeast '/4 of Section 4,Township 78 North,Range 26 West of the 5 P.M.
(Parcel ¹16-04-426-001),and
The Northwest '/~of the Southwest '/4 of Section 3,Township 78 North,Range 26
West of the 5 P.M.and the adjacent west half of the SE Waco Place Right of
Way except Parcel A as defined within the Plat of Survey recorded in Bk 2009 Pg
18393 (Parcel ¹16-03-300-015 and Parcel ¹16-03-300-014),and
All of Dolmage Estates Plat I,an Official Plat,City of Waukee,Iowa and
adjacent SE Ashworth Road Right of Way (Parcel ¹16-04-478-011 and Parcel ¹
16-04-478-010 and Parcel ¹16-04-478-009 and Parcel ¹16-04-478-008 and
Parcel ¹16-04-478-007 and Parcel ¹16-04-477-009 and Parcel ¹16-04-477-008
and Parcel ¹16-04-477-007 and Parcel ¹16-04-477-006 and Parcel ¹16-04-477-
005 and Parcel ¹16-04-451-005 and Parcel ¹16-04-451-006 and Parcel ¹16-04-
451-007),and
All of Dolmage Estates Plat 2,an Oflicial Plat,City of Waukee,Iowa (Parcel ¹
16-04-477-001 and Parcel ¹16-04-477-002 and Parcel ¹16-04-477-003 and
Parcel ¹16-04-477-001 and Parcel ¹16-04-451-001 and Parcel ¹16-04-451-002
and Parcel ¹16-04-451-003 and Parcel ¹16-04-451-004 and Parcel ¹16-04-476-
002 and Parcel ¹16-04-476-003 and Parcel ¹16-04-476-004 and Parcel ¹16-04-
476-005 and Parcel ¹16-04-476-006 and Parcel ¹16-04-478-001 and Parcel ¹16-
04-478-002 and Parcel ¹16-04-478-003 and Parcel ¹16-04-478-004),and
The East 10 acres of the Southwest 'A of the Southeast '/~and the Southeast '/~of
the Southeast '/4 of Section 4,Township 78 North,Range 26 West of the 5'"P.M.,
except Dolmage Estates Plat I,an Official Plat,City of Waukee,Iowa and except
Dolmage Estates Plat 2,an Official Plat,City of Waukee,Iowa (Parcel ¹16-04-
478-006 and Parcel ¹16-04-476-001),and
The Southwest '/4 of the Southwest '/4 of Section 3,Township 78 North,Range 26
West of the 5 P.M.and the adjacent SE Ashworth Road Right of Way and the
adjacent SE Waco Place Right of Way (Parcel ¹16-03-300-004 and Parcel ¹16-
03-300-005 and Parcel ¹16-03-300-006 and Parcel ¹16-03-300-007 and Parcel ¹
16-03-300-008 and Parcel ¹16-03-300-009),and
The Northeast Y~of the Northwest Y4 of Section 9,Township 78 North,Range 26
West of the 5"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel ¹
16-09-100-007),and
The Northwest Y~of the Northeast Y~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 of Way and the adjacent SE
Vermillion Court Right of Way (Parcel ¹16-09-200-001),and
The Northeast Y4 of the Northeast Y~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 Y~of the Northwest Y4 of Section 10,Township 78 North,Range
26 West of the 5'"P.M.and the adjacent SE Ashworth Road Right of Way (Parcel¹16-10-100-001),and
The Southeast Y4 of the Northeast Y4 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 Y~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 Y4 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 (Parcel ¹16-09-400-
001),and
The South 35 acres of the Southwest Y~of the Northeast Y~and the Southeast Y~of
the Northwest Y4 and the Northeast Y~of the Southwest Y~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 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
of NW Y4 SW Y4 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 ¹16-03-100-001 and Parcel¹16-03-501-003 and Parcel ¹16-03-100-013 and Parcel ¹16-03-100-002 and
Parcel ¹16-03-100-012);and
WHEREAS,a proposed Amendment No.2 to the Gateway Economic Development
Urban Renewal Plan ("Amendment No.2"or "Amendment")for the Gateway Economic
Development Urban Renewal Area described below/above has been prepared,which proposed
Amendment has been on file 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,this proposed Amendment No.2 to the Urban Renewal Area adds land,as follows:
Amendment ¹2 Area —Pro ert to be Added to Urban Renewal Plan
Lots I through 5 and Outlot Z of Williams Pointe Plat 15,an Official Plat,City of
Waukee,Iowa (Parcel ¹12-35-354-005,12-35-354-006,12-35-354-002,12-35-
354-003,12-35-354-004 and 12-35-354-001);and
Parcel AA of Lot 2 of Williams Point Plat 7,an Official Plat,City of Waukee,
Iowa (Parcel ¹12-35-302-005);and
Lots I through 3 of Autumn Ridge Plat I,an Official Plat,City of Waukee,Iowa
and the adjacent SE Olson Drive right of way (Parcel ¹12-35-305-002,12-35-
306-001 aild 12-35-306-002)
WHEREAS,it is desirable that the Area be redeveloped as part of the activities described
within the proposed Amendment No.2 to the Gateway Economic Development Urban Renewal
Plan;and
WHEREAS,the City Council submitted the proposed Amendment No.2 to the 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 City Council approval thereof;and
WHEREAS,adoption of Amendment No.2 to the Gateway Economic Development
Urban Renewal Plan has been approved by the Planning and Zoning Commission for the City as
being in conformity with the general plan for development of the City as a whole,as evidenced
by its written report and recommendation filed herewith,which report and recommendation is
hereby accepted,approved in all respects and incorporated herein by this reference;and
WHEREAS,by resolution adopted on September 21,2015,this Council directed that a
consultation be held with the designated representatives of all affected taxing entities to discuss
the proposed Amendment No.2 to the Gateway Economic Development Urban Renewal Plan
and the division of revenue described therein,and that notice of the consultation and a copy of
the proposed Amendment No.2 to the Gateway Economic Development Urban Renewal Plan be
sent to all affected taxing entities;and
WHEREAS,pursuant to such notice,the consultation was duly held as ordered by the
City Council and all required responses to the recommendations made by the affected taxing
entities,if any,have been timely made as set forth in the report of the Development Services
Director,or his delegate,filed herewith and incorporated herein by this reference,which report is
in all respects approved;and
WHEREAS,by resolution this Council also set a public hearing on the adoption of the
proposed Amendment No.2 to the Gateway Economic Development Urban Renewal Plan for
this meeting of the Council,and due and proper notice of the public hearing was given,as
provided by law,by timely publication in the Dallas Coun News,which notice set forth the
time and place for this hearing and the nature and purpose thereof;and
WHEREAS,in accordance with the notice,all persons or organizations desiring to be
heard on the proposed Amendment No.2 to the Gateway Economic Development Urban
Renewal Plan,both for and against,have been given an opportunity to be heard with respect
thereto and due consideration has been given to all comments and views expressed to this
Council in connection therewith and the public hearing has been closed.
NOW,THEREFORE,BE IT RESOLVED,BY THE CITY COUNCIL OF THE CITY
OF WAUKEE,STATE OF IOWA:
Section 1.That the findings and conclusions set forth or contained in Amendment No.2
concerning the area of the City of Waukee,State of Iowa,described in the preamble hereof,be
and the same are hereby ratified and confirmed in all respects as the findings of this Council for
this area.
Section 2.This Council further finds:
a)Although relocation is not expected,a feasible method exists for the relocation
of any families who will be displaced from the Gateway Economic Development Urban
Renewal Area into decent,safe and sanitary dwelling accommodations within their
means and without undue hardship to such families;
b)The Plan,as amended,and Amendment No.2 to the Gateway Economic
Development Urban Renewal Plan conform to the general plan for the development of
the City as a whole;and
c)Acquisition by the City is expected and as to those areas of open land to be
acquired by the City included within the Gateway Economic Development Urban
Renewal Area:
i.Residential use is not expected,however,with reference to any portions
thereof which are to be developed for residential uses,this City Council hereby
determines that a shortage of housing of sound standards and design with
decency,safety and sanitation exists within the City;that the acquisition of the
area for residential uses is an integral part of and essential to the program of the
municipality;and that one or more of the following conditions exist:
a.That the need for housing accommodations has been or will be
increased as a result of the clearance of slums in other areas,including
other portions of the urban renewal area.
b.That conditions of blight in the municipality and the shortage of
decent,safe and sanitary housing cause or contribute to an increase in and
spread of disease and crime,so as to constitute a menace to the public
health,safety,morals,or welfare.
c.That the provision of public improvements related to housing
and residential development will encourage housing and residential
development which is necessary to encourage the retention or relocation of
industrial and commercial enterprises in this state and its municipalities.
d.The acquisition of the area is necessary to provide for the
construction of housing for low and moderate income families.
ii.Non-residential use is expected and with reference to those portions
thereof which are to be developed for non-residential uses,such non-residential
uses are necessary and appropriate to facilitate the proper growth and
development of the City in accordance with sound planning standards and local
community objectives.
Section 3.That the Gateway Economic Development Urban Renewal Area,as amended,
continues to be an economic development area within the meaning of Iowa Code Chapter 403;
that such area is eligible for designation as an urban renewal area and otherwise meets all
requisites under the provisions of Chapter 403 of the Code of Iowa;and that the rehabilitation,
conservation,redevelopment,development,or a combination thereof,of such area is necessary in
the interest of the public health,safety or welfare of the residents of this City.
Section 4.That Amendment No.2 to the Gateway Economic Development Urban
Renewal Plan of the City of Waukee,State of Iowa,attached hereto as Exhibit I and
incorporated herein by reference,be and the same is hereby approved and adopted as
"Amendment No.2 to the Gateway Economic Development Urban Renewal Plan for the City of
Waukee,State of Iowa";Amendment No.2 to the Gateway Economic Development Urban
Renewal Plan of the City of Waukee,State of Iowa,is hereby in all respects approved;and the
City Clerk is hereby directed to file a certified copy of Amendment No.2 with the proceedings
of this meeting.
Section 5.That,notwithstanding any resolution,ordinance,plan,amendment or any other
document,Amendment No.2 to the Gateway Economic Development Urban Renewal Plan shall
7
be in full force and effect from the date of this Resolution until the Council amends or repeals the
Plan.The proposed Amendment No.2 to the Gateway Economic Development Urban Renewal
Plan shall be forthwith certified by the City Clerk,along with a copy of this Resolution,to the
Recorder for Dallas County,Iowa,to be filed and recorded in the manner provided by law.
Section 6.That all other provisions of the Plan not affected or otherwise revised by the
terms of Amendment No.2,as well as all resolutions previously adopted by this City Council
related to the Plan be and the same are hereby ratified,confirmed and approved in all respects.
PASSED AND APPROVED this 19 day of October,2015.
ayor
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
GATEWAY ECONOMIC
DEVELOPMENT URBAN
RENEWAL PLAN
for the
GATEWAY ECONOMIC
DEVELOPMENT
URBAN RENEWAL AREA
AMKNDMKNT 02
WAUKEE,IOWA
Original Plan —2013
Amendment 41-2014
Amendment 02 -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 OB JECTIVES
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
PAGE
10
10
10
12
12
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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 I,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
Fiant 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 corridor such as
those that are transportation based,market oriented,or distribution related.
~Convenient traffic access which translates into reduced travel time for
commuters.
o 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 I,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 projects.
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 Corridor
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 lor 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 9/17/15
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 ¹2 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 1 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 I through 5 and Outlot Z of Williams Pointe Plat 15,an Official Plat,City of
Waukee,Iowa (Parcel ¹12-35-354-005,12-35-354-006,12-35-354-002,12-35-
354-003,12-35-354-004 and 12-35-354-001 );and
Parcel AA of Lot 2 of Williams Point Plat 7,an Official Plat,City of Waukee,
Iowa (Parcel ¹12-35-302-005);and
Lots I through 3 of Autumn Ridge Plat I,an Official Plat,City of Waukee,Iowa
and the adjacent SE Olson Drive right of way (Parcel ¹12-35-305-002,12-35-
306-001 and 12-35-306-002)
Final 9/17/15 14
Exhibit B
Map of Gateway Economic Development
Urban Renewal Area
(showing original area and Amendment tf2 area)
Wau10eeto
//oU
/i
=-d Amendment¹2Area
Note Portions of Grand Prarne Pkwy/
Alice's Rd.Rrgbt of Way are in du dad in
Unified URA,Gateway Economic
Development URA and Autumn Rrdge URA
Rpq
/4,
6
ip =''g
r=,r/I
I
™:~tL
/
/
012/2013 Abce's Road /
Sewer Project
Legend~Gateway Urban Renewal Area 2014~Gateway Urban RenewalAmendment¹2
U.
01/54641-1121938-086
Final 9/17/15 15