HomeMy WebLinkAbout2020-07-20-H02 Waukee Consolidated URP Amendment 3_ResolutionAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: July 20, 2020
AGENDA ITEM:Consideration of approval of a 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 the Amendment No. 3 to the
Waukee Consolidated Urban Renewal Plan
FORMAT:Resolution
SYNOPSIS INCLUDING PRO & CON:
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Approve the resolution.
ATTACHMENTS: I. Proposed Resolution
PREPARED BY:Becky Schuett
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION:
DATE OF PUBLICATION:
H2
RESOLUTION NO. ______
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. 3 TO THE WAUKEE CONSOLIDATED
URBAN RENEWAL PLAN
WHEREAS, by Resolution No. 19-402, adopted November 4, 2019, the City approved and
adopted Amendment No. 1 to the Waukee Consolidated Urban Renewal Plan (the "Plan" or "Urban
Renewal Plan"), which unified the existing Gateway Economic Development Urban Renewal
Area, Waukee West Urban Renewal Area, and Waukee Central Urban Renewal Area into the
Waukee Consolidated Urban Renewal Area (the "Area" or "Urban Renewal Area"), which Plan,
is on file in the office of the Recorder of Dallas County; and
WHEREAS, by Resolution No. 2020-001, adopted January 6, 2020, this City Council
approved and adopted an Amendment No. 2 to the Plan; and
WHEREAS, this Urban Renewal Area currently includes and consists of:
GATEWAY URBAN RENEWAL AREA AND AMENDMENTS NOS. 1 THROUGH 6
Gateway Economic Development Urban Renewal Area Original Area (2013)
The Gateway Economic Development Urban Renewal Area is described as follows:
The Southwest ¼ of the Southwest ¼ 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 #12-26-300-
004), and
A parcel of land within the Southeast ¼ of the Southwest ¼ of Section 26,
Township 79 North, Range 26 West of the 5th 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 # 12-26-300-007),
and
The East ½ of the Northeast ¼ 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
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 ¼
of the Southwest ¼ 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
Government Lot 2 of Section 4, Township 78 North, Range 26 West of the 5th P.M.,
lying south of railroad right of way and adjacent SE University Avenue Right of
Way (Parcel # 16-04-200-001), and
Government Lot 1 of Section 4, Township 78 North, Range 26 West of the 5th P.M.
lying south of railroad right of way (Parcel # 16-04-200-007), 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 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
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 ¼ of the Southwest ¼ 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 ¼ of the Southeast ¼ and the East 10 acres of the Northwest ¼ of
the Southeast ¼ of Section 4, Township 78 North, Range 26 West of the 5th P.M.
(Parcel # 16-04-426-001), and
The Northwest ¼ of the Southwest ¼ 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
except Parcel A as defined within the Plat of Survey recorded in Bk 2009 Pg 18393
(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 ¼ of the Southeast ¼ and the Southeast ¼ of
the Southeast ¼ 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 ¼ of the Southwest ¼ 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 ¼ of the Northwest ¼ 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 ¼ of the Northeast ¼ and the North 5 acres of the Southwest ¼ of
the Northeast ¼ 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 ¼ of the Northeast ¼ 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 ¼ of the Northwest ¼ 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 ¼ of the Northeast ¼ 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 ½ of the Northwest ¼ of Section 10, Township 78 North, Range 26 West
of the 5th P.M., located north of Interstate 80 (Parcel # 16-10-100-007), and
The Northwest ¼ of the Southeast ¼ of Section of Section 9, Township 78 North,
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 ¼ of the Northeast ¼ and the Southeast ¼ of
the Northwest ¼ and the Northeast ¼ of the Southwest ¼ 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 ¼ 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
¼ SW ¼ 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 ¼ SW ¼, 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
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)
Gateway Economic Development Urban Renewal Area Amendment #1 (2014)
No land added or removed.
Gateway Economic Development Urban Renewal Area Amendment #2 (2015)
Lots 1 through 5 and Outlot Z of Williams Pointe Plat 15, an Official Plat, City of
Waukee, Iowa (Parcel # 12-35-354-005, 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 # 12-35-302-005); and
Lots 1 through 3 of Autumn Ridge Plat 1, an Official Plat, City of Waukee, Iowa
and the adjacent SE Olson Drive right of way (Parcel # 12-35-305-002, 12-35-306-
001 and 12-35-306-002)
Gateway Economic Development Urban Renewal Area Amendment #3 (2016)
Outlot B of The Point Plat 1, an Official Plat, City of Waukee, Dallas County, Iowa
(Parcel # 1227378006) and the adjoining Hickman Road (Highway 6) Right of Way
from Alice’s Road to the west property line of said Outlot B, and the adjoining NE
Westgate Drive Right of Way.
Gateway Economic Development Urban Renewal Area Amendment #4 (2017)
Lots 1 -4 of Waukee Central, an Official Plat, City of Waukee, Dallas County, Iowa
(Parcel # 1234126001, 1234126002, 1234126003, 1234126004)
Gateway Economic Development Urban Renewal Area Amendment #5 (2018)
Lots 1 and 2 of Stone Prairie Plat 4, an Official Plat, City of Waukee, Dallas County,
Iowa and the adjoining SE Westown Parkway Right of Way and the adjoining SE
LA Grant Parkway Right of Way (Parcel #1605286001, 1605286002); and,
A tract of land in Government Lot 9, in the Northeast Fractional Quarter (NE frl ¼)
of Section 5, Township 78 North, Range 26 West of the 5th P.M., Dallas County,
Iowa, more particularly described as follows:
Beginning at the Southeast corner of Government Lot 9 in the NE Fractional
Quarter (NE frl ¼) of Section 5, Township 78 North, Range 26 West of the 5th P.M.,
Waukee, Dallas County, Iowa; thence along the South line of said Government Lot
9, thence South 83⁰01’22” West, 438.28 feet; thence North 03⁰58’45” West 453.20
feet; thence North 85⁰00’47” East, 468.25 feet to the East line of said Government
Lot 9; thence South 00⁰00’00”, 439.57 feet to the point of beginning and the
adjoining SE LA Grant Parkway Right of Way and the adjoining SE Westown
Parkway Right of Way (Parcel # 1605200013); and,
SE Westown Parkway Right of Way from SE LA Grant Parkway to Grand Prairie
Parkway.
Gateway Economic Development Urban Renewal Area Amendment #6 (2019)
A PARCEL OF LAND LOCATED IN THE NE 1/4 SE 1/4 OF SECTION 9,
TOWNSHIP 78 NORTH, RANGE 26 WEST OF THE 5TH P.M., CITY OF
WAUKEE, DALLAS COUNTY, IOWA, AS RECORDED IN THE IOWA
DEPARTMENT OF TRANSPORTATION LAND PATENT IN BOOK 2017,
PAGE 16834 IN DALLAS COUNTY, IOWA. SAID PARCEL IS MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE E 1/4 CORNER OF SAID SECTION 9; THENCE
S83°47'45"W 818.61 FEET ALONG THE NORTH LINE OF THE SE 1/4 OF
SAID SECTION 9 TO THE POINT OF BEGINNING; THENCE S56°55'54"W
60.43 FEET; THENCE S77°29'50" W 458.76 FEET TO A POINT ON THE
PRESENT NORTHERLY RIGHT OF WAY LINE OF INTERSTATE ROUTE
NO. 80; THENCE N0°47'52"E 78.22 FEET ALONG SAID PRESENT
NORTHERLY RIGHT OF WAY LINE; THENCE N83°47'45"E 500.36 FEET TO
THE POINT OF BEGINNING, SAID PARCEL CONTAINS 0.56 ACRES OR
24,291 SQUARE FEET. (PARCEL #1609200009); and,
A parcel of land located in the SE Quarter of the NE Quarter of Section 9, T78N,
R26W of the 5th P.M., City of Waukee, Dallas County, Iowa, as recorded in the
Iowa Department of Transportation Land Patent in Book 2017, Page 17058 in
Dallas County, Iowa, and more particularly described as follows:
Commencing at the East ¼ Corner of said Section 9; thence S83°47'45"W 818.61
feet along the south line of the NE Quarter of said Section 9 to the Point of
Beginning; thence continuing S83°47'45"W 500.36 feet to a point on the present
northerly right of way line of Interstate Route No. 80; thence N0°47'52"E 3.65 feet
along said present northerly right of way line; thence N55°53'31"E 1596.17 feet
along said present northerly right of way line to a point on east line of the SE
Quarter of the NE Quarter of said Section 9; thence S0°47'17"W 364.66 feet along
said east line; thence S61°30'35"W 214.35 feet; thence S60°11'43"W 485.14 feet;
thence S56°55'54"W 250.40 feet to the Point of Beginning. Said parcel contains
7.61 acres (Parcel # 1609200008); and,
A parcel of land located in the SW ¼ of the NW ¼ of Section 10, T78N, R26W of
the 5th P.M., City of Waukee, Dallas County, Iowa, as recorded in the Iowa
Department of Transportation Land Patent in Book 2017, Page 17062 in Dallas
County, Iowa. Said parcel is more particularly described as follows:
Commencing at the W 1/4 Corner of said Section 10; thence N0°47'17"E 391.58
feet along the west line of the NW 1/4 of said Section 10 to the Point of Beginning;
thence continuing N0°47'17"E 364.66 feet to a point on the present northerly right
of way line of Interstate Route No. 80; thence N55°53'31"E 100.75 feet along said
present northerly right of way line; thence S34°06'29"E 304.00 feet; thence
S56°48'07"W 309.40 feet to the Point of Beginning. Said parcel contains 1.43 acres
or 62,088 sq. ft.; and,
A parcel of land located in the SW 1/4 NW 1/4 of Section 10, T78N, R26W of the
5th P.M., City of Waukee, Dallas County, Iowa, as recorded in the Iowa
Department of Transportation Land Patent in Book 2017, Page 17077 in Dallas
County, Iowa. Said parcel is more particularly described as follows:
Commencing at the W1/4 Corner of said Section 10; thence N0°47'17"E 391.58 feet
along the west line of the NW ¼ of said Section 10; thence N56°48'07"E 309.40
feet to the Point of Beginning; thence N34°06'29"W 304.00 feet to a point on the
present northerly right of way line of Interstate Route No. 80; thence N55°53'31"E
540.00 feet along said present northerly right of way line; thence S34°06'37"E
347.96 feet along said present northerly right of way line; thence S59°38'14"W
244.36 feet; thence S61°17'35"W 297.50 feet to the Point of Beginning. Said parcel
contains 4.07 acres or 177,082 sq. ft. (Parcel # 1610100012).
AND
WAUKEE WEST URBAN RENEWAL AREA AND AMENDMENT NOS. 1 AND 2
Waukee West Urban Renewal Area Original Area (2017)
THE EAST ½ OF THE NE 1/4 OF SECTION 35, TOWNSHIP 79 NORTH,
RANGE 27 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA LYING
SOUTH OF THE HIGHWAY 6 RIGHT OF WAY AND EXCEPT FOR THE
NORTH 440 FEET OF THE WEST 262 FEET OF THE NE ¼ OF THE NE ¼ OF
SECTION 35, TOWNSHIP 79 NORTH, RANGE 27 WEST AND THAT AREA
WITHIN THE WEST ½ OF THE NE ¼ OF SECTION 35, TOWNSHIP 79
NORTH, RANGE 27 WEST LYING EAST OF THE CENTERLINE OF R-16
AND 440 FEET SOUTH OF THE NORTH SECTION LINE (INCLUDES THE
EAST HALF OF THE ADJOINING R-16 RIGHT OF WAY AND THE SOUTH
HALF OF THE ADJOINING HIGHWAY 6 RIGHT OF WAY)(PARCEL
#1135200003, 1135200006, 1135200004); AND,
THE SE 1/4 OF THE SE ¼ OF SECTION 35 AND THAT AREA WITHIN THE
SW 1/4 OF THE SE ¼ OF SECTION 35, TOWNSHIP 79 NORTH, RANGE 27
WEST LYING EAST OF THE CENTERLINE OF R-16 (INCLUDES THE EAST
HALF OF THE ADJOINING R-16 RIGHT OF WAY IN THE SE ¼ OF THE SE
¼ AND THE NORTH HALF OF THE ADJOINING 300TH STREET RIGHT OF
WAY) (PARCEL #1135400005); AND,
THE NW ¼ OF SECTION 36, TOWNSHIP 79 NORTH, RANGE 27 WEST OF
THE 5TH P.M., DALLAS COUNTY, IOWA LYING SOUTH OF THE
HIGHWAY 6 RIGHT OF WAY (INCLUDES ADJOINING SOUTH HALF OF
HIGHWAY 6 RIGHT OF WAY AND THE ADJOINING WEST HALF OF
RICHLAND PLACE RIGHT OF WAY) (PARCEL #1136100001, 1136100002,
1136100003, 1136100004); AND,
THE SW ¼ OF SECTION 36, TOWNSHIP 79 NORTH, RANGE 27 WEST OF
THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE NORTH HALF
OF THE ADJOINING 300TH STREET RIGHT OF WAY AND THE WEST HALF
OF THE ADJOINING RICHLAND PLACE RIGHT OF WAY) (PARCEL #
1136300001, 1136300002, 1136300003, 1136300004); AND,
THE EAST HALF OF SECTION 36, TOWNSHIP 79 NORTH, RANGE 27 WEST
OF THE 5TH P.M., DALLAS COUNTY, IOWA EXCEPT THE EAST 7 ACRES
OF THE SOUTH ½ OF THE SE ¼ OF SECTION 36, TOWNSHIP 79 NORTH,
RANGE 27 WEST (INCLUDES THE ADJOINING SOUTH HALF OF
HIGHWAY 6 RIGHT OF WAY, THE ADJOINING EAST HALF OF
RICHLAND PLACE RIGHT OF WAY AND THE ADJOINING NORTH HALF
OF 300TH STREET RIGHT OF WAY) (PARCEL # 1136200001, 1136200002,
1136200003, 1136200004, 1136400001, 1136400002, 1136400005); AND,
THE NORTH ½ OF SECTION 31, TOWNSHIP 79 NORTH, RANGE 26 WEST
OF THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE ADJOINING
SOUTH HALF OF HIGHWAY 6 RIGHT OF WAY AND ADJOINING WEST
HALF OF T AVENUE RIGHT OF WAY) (PARCEL # 1231100001, 1231100003,
1231100002, 1231100004, 1231200001, 1231200004, 1231200002, 1231200005,
1231200003); AND,
THE EAST 57 ACRES OF THE NORTH ½ OF THE SE ¼ OF SECTION 31,
TOWNSHIP 79 NORTH, RANGE 26 WEST OF THE 5TH P.M., DALLAS
COUNTY, IOWA (INCLUDES THE ADJOINING WEST HALF OF T AVENUE
RIGHT OF WAY) (PARCEL # 1231400007); AND,
THE SE ¼ OF THE SE ¼ OF SECTION 31, TOWNSHIP 79 NORTH, RANGE
26 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE
ADJOINING WEST HALF OF T AVENUE RIGHT OF WAY AND THE
ADJOINING NORTH HALF OF 300TH STREET RIGHT OF WAY) (PARCEL #
1231400008, 1231400009); AND,
THE SW ¼ OF THE SW ¼ OF SECTION 32, TOWNSHIP 79 NORTH, RANGE
26 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE
ADJOINING EAST HALF OF T AVENUE RIGHT OF WAY) (PARCEL #
1232300003); AND,
THE WEST 884.19 FEET OF THE NW ¼ OF THE SW ¼ OF SECTION 31,
TOWNSHIP 79 NORTH, RANGE 26 WEST OF THE 5TH P.M., DALLAS
COUNTY, IOWA AND THE EAST 660.98 FEET OF THE WEST 1545.17 FEET
OF THE NW ¼ OF THE SW ¼ OF SECTION 31, TOWNSHIP 79 NORTH,
RANGE 26 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA (PARCEL #
1231300001, 1231300007); AND,
THE NORTH 26.08 ACRES OF THE NE ¼ OF THE SW ¼ OF SECTION 31,
TOWNSHIP 79 NORTH, RANGE 26 WEST OF THE 5TH P.M., DALLAS
COUNTY, IOWA (PARCEL # 1231300003); AND,
GOVERNMENT LOT 4 AND THE NORTH 340 FEET OF THE WEST 1,337
FEET AND THE SOUTH 193 FEET OF THE NORTH 533 FEET OF THE EAST
313 FEET OF GOVERNMENT LOT 5 ALL IN SECTION 2, TOWNSHIP 78
NORTH, RANGE 27 WEST OF THE 5TH P.M. (INCLUDES THE ADJOINING
SOUTH HALF OF 300TH STREET RIGHT OF WAY AND ADJOINING EAST
HALF OF S AVENUE RIGHT OF WAY) (PARCEL # 1502100001,
1502100011); AND,
THE SOUTH HALF OF THE NE ¼ OF SECTION 25, TOWNSHIP 79 NORTH,
RANGE 27 WEST OF THE 5TH P.M., DALLAS COUNTY IOWA (INCLUDES
THE ADJOINING WEST HALF OF S AVENUE RIGHT OF WAY) (PARCEL #
1125200004, 1125200003); AND,
THE SE ¼ OF SECTION 25, TOWNSHIP 79 NORTH, RANGE 27 WEST OF
THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE ADJOINING
WEST HALF OF S AVENUE RIGHT OF WAY AND THE ADJOINING
NORTH HALF OF HIGHWAY 6 RIGHT OF WAY) (PARCEL # 1125400001,
1125400004, 1125400007, 1125400008, 1125400009); AND,
ALL OF SECTION 30, TOWNSHIP 79 NORTH, RANGE 26 WEST OF THE 5TH
P.M., DALLAS COUNTY, IOWA, EXCEPT PARCEL "B" OF THE
NORTHEAST 1/4 OF THE NORTHWEST 1/4 OF SECTION 30, TOWNSHIP 79
NORTH, RANGE 26 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA AS
SHOWN IN THE SURVEY RECORDED IN BOOK 802, PAGE 672 IN THE
OFFICE OF THE DALLAS COUNTY RECORDER. (PARCEL 12-30-100-013)
AND EXCEPT PARCEL “CC” OF THE NORTHEAST ¼ OF THE
NORTHWEST ¼ OF SECTION 30, TOWNSHIP 79 NORTH, RANGE 26 WEST
OF THE 5TH P.M., DALLAS COUNTY, IOWA AS SHOWN IN THE SURVEY
RECORDED IN BOOK 2015, PAGE 11658 IN THE OFFICE OF THE DALLAS
COUNTY RECORDER (INCLUDES THE ADJOINING EAST HALF OF S
AVENUE RIGHT OF WAY, THE ADJOINING NORTH HALF OF HIGHWAY
6 RIGHT OF WAY, THE ADJOINING WEST HALF OF T AVENUE RIGHT OF
WAY AND THE ADJOINING SOUTH HALF OF 280TH STREET RIGHT OF
WAY) (PARCEL 1230100015, 1230100010, 1230100006, 1230100008,
1230100009, 1230100016, 1230100005, 1230300001, 1230300002, 1230300003,
1230300006, 1230300007, 1230200001, 1230200002, 1230200003, 1230200004,
1230400001, 1230400002, 1230400003, 1230400004); AND,
THE NW ¼ OF THE SW ¼ OF SECTION 29, TOWNSHIP 79 NORTH, RANGE
26 WEST OF THE 5TH P.M., DALLAS COUNTY, IOWA (INCLUDES THE
ADJOINING EAST HALF OF T AVENUE RIGHT OF WAY) (PARCEL #
1229300001); AND,
THE NORTH HALF OF THE 300TH STREET RIGHT OF WAY FROM T
AVENUE TO 6TH STREET (R-22)
Waukee West Urban Renewal Area Amendment #1 (2018)
The Northeast Quarter (NE ¼) of the Southeast Quarter (SE ¼) of Section 35,
Township 79 North, Range 27 West of the 5th P.M., Adel Township, Dallas County
Iowa and including that area within the NW 1/4 of the SE ¼ of Section 35,
Township 79 North, Range 27 West lying East of the Centerline of R-16 and
including the east half of the adjoining R-16 Right of Way. (Parcel #11-35-400-
003); and,
Parcel "B" of the Northeast 1/4 of the Northwest 1/4 of section 30, township 79
north, range 26 West of the 5th p.m., Dallas County, Iowa as shown in the survey
recorded in book 802, page 672 in the office of the Dallas County Recorder
including the south half of 280th Street Right of Way. (Parcel 12-30-100-013); and,
Parcel “CC” of the Northeast ¼ of the Northwest ¼ of section 30, township 79
north, range 26 West of the 5th p.m., Dallas County, Iowa as shown in the survey
recorded in Book 2015, Page 11658 in the office of the Dallas County Recorder
including the south half of 280th Street Right of Way (Parcel 12-30-100-015); and,
Parcel 17-247 of the Northeast Quarter (NE ¼) of the Southwest Quarter (SW ¼)
of Section 31, Township 79 North, Range 26 West of the 5th P.M., Dallas County,
Iowa as shown in the survey recorded in Book 2018, Page 1530 in the office of the
Dallas County Recorder (Parcel 12-31-300-008); and,
The West 23 acres of the North Half (N ½) of the Southeast Quarter (SE ¼) of
Section 31, Township 79 North, Range 26 West of the 5th P.M. (Parcel 12-31-400-
006); and,
The Northwest Quarter (NW ¼) lying south and west of the railroad right of way
in Section 29, Township 79 North, Range 26 West of the 5th P.M. and including the
east half of the adjoining T Avenue right of way (Parcel 12-29-100-001, 12-29-
100-003, 12-29-100-005); and,
The Highway 6 (Hickman Road) right of way from T Avenue to 10th Street (R-22);
and,
The 10th Street (R-22) right of way from Highway 6 (Hickman Road) to the
Northwest corner of Section 28, Township 79 North, Range 26 West of the 5th P.M.;
and,
The Northwest Quarter (NW ¼) of Section 28, Township 79 North, Range 26 West
of the 5th P.M. (Parcel 12-28-100-005, 12-28-100-006, 12-28-100-002, 12-28-100-
003, 12-28-100-004); and,
The North Half (N ½) of the Southwest Quarter (SW ¼) of Section 28, Township
79 North, Range 26 West of the 5th P.M. (Parcel 12-28-300-001, 12-28-300-014);
and,
The North 6th Street right of way from Highway 6 (Hickman Road) to the north line
of the Southeast Quarter (SE ¼) of the Southwest Quarter (SW ¼) of Section 28,
Township 79 North, Range 26 West of the 5th P.M.; and,
The East three fourths (E ¾) of the Southeast Quarter (SE ¼) of the Southwest
Quarter (SW ¼) of Section 28 Township 79 North, Range 26 West of the 5th P.M.
except Lot 1 of Waukee Development Plat, Parcel A of the Southeast Quarter (SE
¼) of the Southwest Quarter (SW ¼) of Section 28, Township 79 North, Range 26
West of the 5th P.M. and Parcel Z as recorded in Book 2011 Page 16803 in the
Dallas County Recorder’s Office, Dallas County, Iowa(Parcel 12-28-300-038); and
The Northwest Quarter (NW ¼) of the Southwest Quarter (SW ¼) of Section 32,
Township 79 North, Range 26 West of the 5th P.M. and including the adjacent east
half of T Avenue right of way (Parcel 12-32-300-001); and,
The East Half (E ½) of the Southwest Quarter (SW ¼) of Section 32, Township 79
North, Range 26 West of the 5th P.M. (Parcel 12-32-300-002, 12-32-300-004); and,
The Southeast Quarter (SE ¼) of Section 32, Township 79 North, Range 26 West
of the 5th P.M. (Parcel 12-32-400-001, 12-32-400-002, 12-32-400-003, 12-32-400-
004); and,
Government Lots 1, 2, 3, 4 and 6 in Section 6, Township 78 North, Range 26 West
of the 5th P.M. and including the south half of the adjoining 300th Street right of
way (Parcel 16-06-200-001, 16-06-200-002, 16-06-200-003, 16-06-200-006, 16-
06-200-007); and,
The East 390.94 feet of the South 922.34 feet of the Southeast Quarter (SE ¼) of
the Southwest Quarter (SW ¼) of Section 33, Township 79 North, Range 26 West
of the 5th P.M. (Parcel 12-33-376-004, 12-33-376-003); and,
Lots A, B and C in Section 5, Township 78 North, Range 26 West of the 5th P.M.
(Parcel 16-05-100-001); and,
Lot C in Glynn Village Plat 1, an Official Plat, City of Waukee, Iowa (Parcel 16-
05-202-039); and,
The North 60 feet of Parcel A in Government Lots 2 and 3, Section 5, Township
78 North, Range 26 West of the 5th P.M., City of Waukee, Dallas County, Iowa as
recorded in the Warranty Deed and Acquisition Plat in Book 2011, Page 14730,
City of Waukee, Dallas County, Iowa; and,
Lot C of Windsor West, an Official Plat, City of Waukee, Iowa; and
Lot D of Corene Acres Plat 12, an Official Plat, City of Waukee, Iowa; and
The University Avenue right of way from the intersection of Warrior Lane to the
intersection of LA Grant Parkway; and,
The Warrior Lane right of way from the intersection of University Avenue to the
intersection of Ashworth Drive; and,
Parcel B of Lot 15 of Corene Acres Plat 1, an Official Plat, City of Waukee,
including the adjoining full right of way of Ashworth Drive and the adjoining full
right of way of Northview Drive (Parcel 12-33-426-016); and,
Lots 16 and 51 of Corene Acres Plat 1, an Official Plat, City of Waukee (Parcel 12-
33-431-018, 12-33-431-009).
Waukee West Urban Renewal Area Amendment #2 (2018)
The Southeast ¼ of Section 29, Township 79 North, Range 26 West of the 5th P.M,
except the South 420 feet of the North ½ of the Southeast ¼ of Section 29,
Township 79 North, Range 26 West of the 5th P.M., lying east of the former railroad
right of way (Parcel # 1229400011) and including the west half of 10th Street (U
Avenue) Right of Way (Parcel # 12-29-400-013, 12-29-400-012, 12-29-400-005,
12-29-400-014, 12-29-400-016, 12-29-100-006, 12-29-400-007, 12-29-400-008);
and,
That part of the Raccoon River Valley Trail lying in the Northwest ¼ of Section
29, Township 79 North, Range 26 West of the 5th P.M. and the Southwest of the
Northeast ¼ of Section 29, Township 79 North, Range 26 West of the 5th P.M.
(Parcel # 12-29-100-006).
AND
WAUKEE CENTRAL URBAN RENEWAL AREA AND AMENDMENT NO. 1
Waukee Central Urban Renewal Area (2017)
PARCEL 17-140 AS DESCRIBED WITHIN THE PLAT OF SURVEY
RECORDED IN BOOK 2016 PAGE 24530, DALLAS COUNTY, IOWA 50263
INCLUDES PARCEL #1232200005
Waukee Central Urban Renewal Area Amendment #1 (2018)
No land added or removed.
AND
AMENDMENT NO. 1 TO WAUKEE CONSOLIDATED URBAN RENEWAL AREA
Lots 1 and 2 of Westgate Business Park Plat 3, an Official Plat, City of Waukee,
Dallas County, Iowa, also known as Pro-Line Commercial Building Units 814, 818
and 822 (Parcel 12-34-481-001, 12-34-481-002, 12-34-481-003) and Pro-Line
Commercial Building II Units 1-6 (Parcel 12-34-482-001, 12-34-482-002, 12-34-
482-003, 12-34-482-004, 12-34-482-005, 12-34-482-006); and,
Lots 1 and 2 of Westgate Business Park Plat 4, an Official Plat, City of Waukee,
Dallas County, Iowa (Parcel 12-34-480-001, 12-34-480-002); and,
Lots 1 and 3 of Prairie Crossing Plat 6, an Official Plat, City of Waukee, Dallas
County, Iowa (Parcel 12-27-477-001, 12-27-477-003); and,
Lots 1 through 4, Outlot Y and Outlot Z of Prairie Crossing Plat 7, an Official Plat,
City of Waukee, Dallas County, Iowa (Parcel 12-27-451-005, 12-27-451-006, 12-
27-451-002, 12-27-451-003, 12-27-451-004, 12-27-451-001); and,
Parcel 18-134 of the Survey of part of Outlot Y in Prairie Crossing Plat 3, an
Official Plat, now included in and forming a part of the City of Waukee, Dallas
County, Iowa, as shown in Book 2018, Page 18245 in the Office of the Recorder
of Dallas County, Iowa (Parcel 12-27-410-011); and,
Street Lots A and B of Enterprise Business Park Plat 3, an Official Plat, City of
Waukee, Dallas County, Iowa (Parcel 12-27-378-005); and,
Street Lot A of Enterprise Business Park Plat 2, an Official Plat, City of Waukee,
Dallas County, Iowa (Parcel 12-27-355-004); and,
Lot 5 and Street Lots B and C of Enterprise Business Park Plat 1, an Official Plat,
City of Waukee, Dallas County, Iowa (Parcel 12-27-352-001, 12-27-351-003); and,
Lot 1 and Street Lots A and B of Waukee Greenway Park Plat 1, an Official Plat,
City of Waukee, Dallas County, Iowa (Parcel 12-28-477-001, 12-28-477-002); and,
Parcel 18-144, Parcel 18-145, Parcel 18-146, Parcel 18-147 and Parcel 18-148 of a
Plat of Survey located within the City of Waukee, Dallas County, Iowa as recorded
in Book 2018 Page 23747 in the Office of the Recorder of Dallas County, Iowa
(Parcel 12-28-400-017 through 12-28-400-21); and,
The SE ¼ of Section 28, Township 79 North, Range 26 West of the 5th P.M. lying
north of the recreational trail deeded to the State of Iowa in deeds recorded in Book
1999 Page 385 and Book 1999 Page 386 of the records of Dallas County, Iowa
except property previously platted as Indi Run Plat 1, Indi Run Plat 2, Waukee
YMCA Plat 1, Waukee Greenway Park Plat 1, and property included within the
Plat of Survey recorded in Book 2018 Page 23747 (Parcel 12-28-400-006, 12-28-
400-015, 12-28-400-016, 12-28-400-022, 12-28-400-023).
AND
AMENDMENT NO. 2 TO WAUKEE CONSOLIDATED URBAN RENEWAL AREA
No land added or removed.
WHEREAS, a proposed Amendment No. 3 to the Plan ("Amendment No. 3" or
"Amendment") for the Urban Renewal Area described 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 update previously approved projects and add to the list of
eligible urban renewal projects; and
WHEREAS, this proposed Amendment No. 3 adds no new land to the Urban Renewal
Area; and
WHEREAS, it is desirable that the Area be redeveloped as part of the activities described
within the proposed Amendment No. 3; and
WHEREAS, by resolution adopted on June 15, 2020, this Council directed that a
consultation be held with the designated representatives of all affected taxing entities to discuss
the proposed Amendment No. 3 and the division of revenue described therein, and that notice of
the consultation and a copy of the proposed Amendment No. 3 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. 3 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 County 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. 3, 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. 3
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 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. 3 conform to the general plan for
the development of the City as a whole; and
c)Acquisition by the City is not immediately expected, however, as to any areas of
open land to be acquired by the City included within the 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 Urban Renewal Area, as amended, continues to be an economic
development area within the meaning of Chapter 403, Code of Iowa; that such area is eligible for
designation as an urban renewal area and otherwise meets all requisites under the provisions of
Chapter 403, 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. 3 to the Waukee Consolidated Urban Renewal Plan of the
City of Waukee, State of Iowa, attached hereto as Exhibit 1 and incorporated herein by reference,
be and the same is hereby approved and adopted as "Amendment No. 3 to the Waukee
Consolidated Urban Renewal Plan for the City of Waukee, State of Iowa"; Amendment No. 3,
including all of the exhibits attached thereto, is hereby in all respects approved; and the City Clerk
is hereby directed to file a certified copy of Amendment No. 3 with the proceedings of this meeting.
Section 5.That, notwithstanding any resolution, ordinance, plan, amendment or any other
document, Amendment No. 3 shall be in full force and effect from the date of this Resolution until
the Council amends or repeals the Plan. The proposed Amendment No. 3 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. 3, 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 20th day of July, 2020.
Mayor
ATTEST:
City Clerk
Label the Amendment as Exhibit 1 (with all exhibits) and attach it to this Resolution.
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AMENDMENT NO. 3
to the
WAUKEE CONSOLIDATED URBAN
RENEWAL PLAN
for the
WAUKEE CONSOLIDATED
URBAN RENEWAL AREA
Gateway Economic Development Urban Renewal Area,
Waukee West Urban Renewal Area, and
Waukee Central Urban Renewal Area
CITY OF WAUKEE, IOWA
Amendment No. 1 – November 2019
Amendment No. 2 – January 2020
Amendment No. 3 – July 2020
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AMENDMENT NO. 3
to
WAUKEE CONSOLIDATED
URBAN RENEWAL PLAN
CITY OF WAUKEE, IOWA
INTRODUCTION
The City of Waukee, Iowa (the “City”) adopted Amendment No. 1 to the Waukee Consolidated
Urban Renewal Plan (“Plan” or “Urban Renewal Plan”) by Resolution No. 19-402 on November
4, 2019, in order to consolidate the City’s previously established Gateway Economic
Development Urban Renewal Area, Waukee West Urban Renewal Area, and Waukee Central
Urban Renewal Area into the Waukee Consolidated Urban Renewal Area (“Area” or “Urban
Renewal Area”).
The Urban Renewal Plan was amended in January 2020 (Amendment No. 2). The Plan is being
further amended by this Amendment No. 3 (“Amendment” or “Amendment No. 3”) to update the
list of previously approved projects and the list of eligible urban renewal projects.
This Amendment adds no new land to the Area.
Except as modified by this Amendment, the provisions of the Urban Renewal Plan, as previously
amended, are hereby ratified, confirmed, and approved and shall remain in full force and effect as
provided herein. In case of any conflict or uncertainty, the terms of this Amendment shall
control. Any subsections in the Plan, as previously amended, not mentioned in this Amendment
shall continue to apply to the Plan, as amended.
DEVELOPMENT PLAN
The City has a general plan for the physical development of the City as a whole outlined in the
Waukee Comprehensive Land Use Plan, adopted by the City in 2019. The goals and objectives
of the Urban Renewal Plan, and this Amendment, including the urban renewal projects described
herein, are in conformity with the 2019 Comprehensive Plan.
The Urban Renewal Plan, as amended, does not in any way replace or modify the City’s current
land use planning or zoning regulation process.
The need for improved traffic, public transportation, public utilities, recreational and community
facilities, or other public improvements within the Urban Renewal Area is set forth in this Plan,
as amended. As the Area develops, the need for public infrastructure extensions and upgrades
will be evaluated and planned for by the City.
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UPDATE TO PREVIOUSLY APPROVED URBAN RENEWAL PROJECTS
Numerous urban renewal projects were authorized prior to the date of this Amendment No. 3 and
are continuing, including but not limited to the following (with updates as applicable):
A. Development Agreement with Midtown Waukee Holdings, LLC: The City previously
approved a development agreement (“Original Agreement”) with Midtown Waukee Holdings,
LLC (“Original Developer”), under the Development Agreements (Future) project authorization
included in Amendment No. 1 to the Plan, which project description was updated in Amendment
No. 2 to the Plan. Pursuant to the Original Agreement, Original Developer agreed to construct six
commercial buildings comprising an approximately 255,000 square feet entertainment district,
together with all related site improvements (the “Original Minimum Improvements”), on certain
real property located within the Urban Renewal Area. In consideration for Original Developer’s
obligations under the Original Agreement, the City agreed to make up to twelve (12) annual
payments to Original Developer, each consisting of 80% of the Tax Increments pursuant to the
Iowa Code Section 403.19 and generated by the construction of the Original Minimum
Improvements, under the terms and following satisfaction of the conditions set forth in the
Original Agreement, up to a cumulative total for all such payments to Original Developer not to
exceed $19,700,000. The City anticipates entering into an Amended and Restated Agreement,
which will replace the Original Agreement. The property subject to the Original Agreement was
transferred to The Quarter at Waukee, L.L.C, which will now be the developer of the project
(“Developer”). The Amended and Restated Agreement is anticipated to include changes to the
parties, description of the Development Property and Minimum Improvements, and to the terms
for construction, assessed value and operation of the Minimum Improvements on the
Development Property. It is anticipated that additional property is being added to the
Development Property to support the project, which additional property will be acquired by
Waukee Prairie Apartments LLC. Subject to the terms and conditions set forth in the anticipated
Amended and Restated Agreement, the City will provide Developer with Economic
Development Grants to incentivize a total of an anticipated eighteen (18) commercial buildings
and related site improvements, with a total investment of approximately $100,000,000. The City
expects to make Economic Development Grants to Developer in the form of rebates of varying
percentages of incremental taxes generated by the separate buildings over a period of twelve (12),
sixteen (16) or twenty (20) years, depending on the nature of the specific commercial building as
described in the Amended and Restated Agreement. The cost of such grants shall not exceed
$32,500,000 and are subject to the terms and conditions of a detailed development agreement.
B. Agreement with Kettleview, L.L.C. Under authority granted by the Gateway Economic
Development Urban Renewal Plan, as previously amended, the City entered into a Development
Agreement (the "Original Agreement") with Kettleview, L.L.C. (the “Developer”), pursuant to
which the Developer agreed to cause certain Minimum Improvements to be constructed on
certain real property located within the Gateway Economic Development Urban Renewal Area
and to use commercially reasonable efforts to obtain tenants or purchasers to employ employees
in the Minimum Improvements. On November 4, 2019, the City approved an Amended and
Restated Agreement which replaced the Original Agreement and made changes to terms relating
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to the description of the Minimum Improvements, the completion dates, the Economic
Development Grant schedules, and the Minimum Assessment Agreement. Pursuant to the
Amended and Restated Agreement, the City agreed to construct certain Public Improvements and
provide Developer with Economic Development Grants for five (5) distinct phases of
development as further described in the Amended and Restated Agreement, with the Grants for
each phase to be made as five (5) consecutive annual payments, each annual payment in the
amount of 100% of the Tax Increment generated by the commercial development in that
particular phase, not to exceed $4,100,000 in the aggregate, under the terms and conditions of the
Amended and Restated Agreement. The aggregate Grant maximum included in the Amended and
Restated Agreement was a reduction from the Original Agreement which included a $5,300,000
maximum. The Amended and Restated Minimum Assessment Agreement established an
aggregate value for the completed Minimum Improvements at $53,900,000. On June 15, 2020,
the City approved an Amendment to the Amended and Restated Agreement, which made changes
to terms relating to: (i) the description of the Minimum Improvements, (ii) the Economic
Development Grant schedules, (iii) the property included as part of the Development Property,
and (iv) the minimum assessed values included in the Amended and Restated Minimum
Assessment Agreement. The Amendment to the Amended and Restated Agreement did not alter
the aggregate maximum Grant payment amount. The Amendment to the Amended and Restated
Minimum Assessment Agreement establishes a minimum aggregate value for the completed
Minimum Improvements, as revised, at $33,200,000.
C.Waukee Crossing, LLC: Under authority granted by Amendment No. 2 to the Plan, the
City entered into a development agreement with Waukee Crossing, LLC (“Developer”), pursuant
to which Developer will construct commercial buildings and related parking and site
improvements on certain real property within the Urban Renewal Area. The commercial
buildings are anticipated to house various commercial and retail businesses. The agreement also
requires the construction of certain public improvements including NW 2nd Street from Hickman
Road through and including its intersection with NW Venture Drive, and the north turning lane
on east bound Hickman Road. Construction is expected to be completed in 2022. The City
expects to make Economic Development Grants to Developer in the form of rebates of
incremental taxes generated by the project, over period of nine (9) years. The cost of such grants
shall not exceed $500,000 and are subject to the terms and conditions of a detailed development
agreement.
ELIGIBLE URBAN RENEWAL PROJECTS
(Amendment No. 3)
Although certain project activities may occur over a period of years, the Eligible Urban Renewal
Projects under this Amendment No. 3 include:
1.Development Agreements:
A. Future Development Agreements: The City expects to consider requests for development
agreements for projects that are consistent with the Plan, in the City’s sole discretion. Such
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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 the 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 $15,000,000 -
$20,000,000.
FINANCIAL DATA
1. July 1, 2019, constitutional debt limit: $104,866,529
2. Current outstanding general obligation debt: $75,885,000
3. Proposed amount of indebtedness to be incurred
(Amendment No. 3): A specific amount of debt to be
incurred for the Eligible Urban Renewal Projects
(Amendment No. 3) described in this Amendment has
not yet been determined. This document is for planning
purposes. The estimated project costs in this
Amendment are estimates only and will be incurred
and spent over a number of years. In no event will the
City’s constitutional debt limit be exceeded. The City
Council will consider each project proposal on a case-
by-case basis to determine if it is in the City’s best
interest to participate before approving an urban
renewal project or expense. It is further expected that
such indebtedness, including interest on the same, may
be financed in whole or in part with tax increment
revenues from the Urban Renewal Area. Subject to the
foregoing, it is estimated that the cost of the Eligible
Urban Renewal Projects (Amendment No. 3) as
described above will be approximately:
$15,000,000 –
$20,000,000
This estimate does
not include financing
costs which may be
incurred over the life
of the Plan
REPEALER AND SEVERABILITY
Any parts of the Urban Renewal Plan in conflict with this Amendment No. 3, are hereby
repealed.
In the event one or more provisions contained in the Urban Renewal Plan or this Amendment
No. 3 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 the Plan or this Amendment No. 3, and the Plan and this Amendment No. 3 shall be
construed and implemented as if such provisions had never been contained herein.
EFFECTIVE PERIOD
This Amendment No. 3 will become effective upon its adoption by the City Council. The Urban
Renewal Plan, as amended, shall remain in effect until repealed by the City Council.
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During the life of the Plan, the City Council may designate by ordinance all or any portion of the
property covered by the Plan as a “tax increment area.” With respect to any property covered by
this Plan which is included in an ordinance which designates that property as a tax increment
area, the use of incremental property tax revenues, or the “division of revenue,” as those words
are used in Chapter 403 of the Code of Iowa, is limited to twenty (20) years from the calendar
year following the calendar year in which the City first certifies to the County Auditor the
amount of any loans, advances, indebtedness, or bonds which qualify for payment from the
incremental property tax revenue attributable to the portion of the Area within the ordinance. It
is anticipated that separate ordinances for separate tax increment areas may be adopted as
development in the Area warrants, in which case each separate tax increment area may have a
separate base and separate sunset. The division of revenues shall continue within any tax
increment area, for the maximum period allowed by law.