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HomeMy WebLinkAbout2018-10-15-I05 URP Waukee West Amendment 2_PH AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: October 15, 2018 AGENDA ITEM: Public Hearing on the adoption of a proposed Amendment No. 2 to the Waukee West Urban Renewal Plan FORMAT: Public Hearing SYNOPSIS INCLUDING PRO & CON: The City Council adopted the Waukee West Urban Renewal Plan in large part related to the approval of the Apple Data Project in 2017. The objective of the Plan is to maximize the future expenditure of incremental property tax revenues necessary to promote economic development and complete necessary public infrastructure improvements. The purpose of the proposed Amendment #2 to the Waukee West Urban Renewal Plan is to include additional property located to the northwest of the intersection of 10th Street and Hickman. In addition to inclusion of property, the plan has been updated to reflect additional eligible public improvement projects as well as an update to the financial data included within the plan. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: In accordance with State Code, staff held a consultation with the other taxing entities affected by this plan. There was no one in attendance at the consultation. RECOMMENDATION: Hold the Public Hearing ATTACHMENTS: I. Proposed Amendment 1 to Waukee West Urban Renewal Plan (refer to resolution) PREPARED BY: Brad Deets REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: Dallas County News DATE OF PUBLICATION: October 4, 2018 I5