HomeMy WebLinkAbout2001-04-16-Ordinance 2344_Urban Renewal Plan, 2001 AdditionORDINANCE NO.__23_44_
AN ORDINANCE PROVIDING FOR THE DIVISION OF TAXES
LEVIED ON TAXABLE PROPERTY TN THE 2001 ADDITION TO
THE WAUKEE URBAN RENEWAL AREA,PURSUANT TO
SECTION 403.19 OF THE CODE OF lOW A
WHEREAS,in 2000,the City Council enacted an ordinance entitled "An
Ordinance Providing For The Division Of Taxes Levied On Taxable Property In The
Waukee Urban Renewal Area of the City of Waukee,Iowa,Pursuant To Section 403.19
ofthe Code ofIowa";and
WHEREAS,pursuant to that ordinance,the Waukee Urban Renewal Area in the
City of Waukee was designated a "tax increment area";and
WHEREAS,the City Council now desires to increase the size of the "tax
increment area"by adding additional property;
BE IT ENACTED by the Council ofthe City of Waukee,Iowa:
Section 1.Purpose.The purpose of this ordinance is to provide for the
division of taxes levied on the taxable property in the 2001 Addition to the Waukee
Urban Renewal Area of the City of Waukee,Iowa,each year by and for the benefit of the
state,city,county,school districts or other taxing districts after the effective date of this
ordinance in order to create a special fund to pay the principal of and interest on loans,
moneys advanced to or indebtedness,including bonds proposed to be issued by the City
of Waukee to finance projects in the such area.
Section 2.Definitions.For use within tins ordinance the following terms
shall have the following meanings:
"City"shall mean the City of Waukee,Iowa.
"County"shall mean the County of Dallas,Iowa.
"Urban Renewal Area Amendment"shall mean the 2001 Addition to the Waukee
Urban Renewal Area of the City of Waukee,Iowa,the boundaries of which are set out
below,approved by the City Council by resolution adopted on the 16th day of April,
2001:
AMENDMENT TO
URBAN RENEWAL BOUNDARIES
WAUKEE,IOWA )
Walnut TWP,T79N,R26W
Add the following:
The S 879.53 feet of the W 1,671.75 feet of SW 1/4 of Section 34 including
Centennial Park,a public park;
The E 390.94 feet of the S 922.34 feet of the SE 1/4 of the SW 1/4 of Section 33.
Windfield Commercial Plat I,an official plat,except Lot II of said plat;
That part of the Southeast Quarter of Section 36,Township 79 North,Range 26 West
of the Fifth P.M.,Waukee,Dallas County,Iowa,more particularly described as
follows:
Commencing at the Southeast Comer of Section 36,Township 79 North,
Range 26 West of the Fifth P.M.;thence N 89°59'46"W along the South line of
the SE 1/4 of said Section 26 for 262.60 feet;thence N 00°00'14"E for 60.00 feet
to a point on the Northerly light-of-way line of University Avenue and being the
point-of-beginning;thence N 00°22'23"E for 265.91 feet to a point on the
Southerly line of Country Club Meadows,an official plat in Waukee,Dallas
County,Iowa;thence S 89°59'01"W along the Southerly line of said plat for
300.08 feet;thence S 00°23'23"W for 265.80 feet to a point on the Northerly
right-of-way line of University Avenue;thence S 89°59'46"E along said
right-of-way line for 300.16 feet to the point-of-beginning.This parcel contains
1.83 acres.
Boone TWP,T78N,R26W
Add the following:
The S 1/2 of the S 1/2 of Section 7,and the SW 1/4 of the SW 1/4 of Section 8,and a
part of Section 18 all located N ofI-80 and within the Van Meter Commnnity School
District.
Street Right-of-Way
Add the following:
Full right-of-way width of Ashworth Drive except that portion of the right-of-way
currently included in the Urban Renewal Area;I
Laurel Street between Ninth Street and Tenth Street;Maple Street between Seventh
Street and Tenth Street;Walnut Street except that portion ofthe right-of-way
currently included in the Urban Renewal Area;Locust Street between Ashworth
Drive and Ninth Street;Cherry Street between Fifth Street and Eighth Street;School
Street;Denlee Drive;Bell Aire Drive between Third Street and Warrior Lane;
Waukee Avenue between First Street and Third Street;Christopher Avenue between
First Street and Third Street;Corene Avenue between First Street and Third Street;
Tenth Street between Maple Street and Hickman Road (Highway 6);Ninth Street
between Locust Street and Ashworth Drive;Eighth Street between Cherry Street and
Ashworth Drive;Seventh Street;Fifth Street between Cherry Street and Locust
Street;
Fourth Street between south lot line of Lot I,Estates Plat I,an official plat and
Ashworth Drive;Third Street between Northview Drive and Ashworth Drive;Kaylin
Drive between Northview Drive and Ashworth Drive;Second Street between Corene
Avenue and Ashworth Drive;First Street between Corene Avenue and Northview
Drive.
Delete the following:
Full right-of-way width of Ute Avenue (R22)located within unincorporated area of
Dallas County between 312th Place and the North line of the S 1/2 ofNW 1/4 of
Section 8,T78N,R26W,of the 5th Principal Meridian;and a segment of Ute Avenue
located within the unincorporated area of Dallas County between a point 339.6 feet
south of the Northwest corner of the NE 1/4 of the SW 1/4 of Section 8,T79N,R26W
of the 5th Principal Meridian and a point 397.8 feet North of the Northwest Comer of
the NE 1/4 ofthe SW 1/4 of said Section 8.
Section 3.Provisions for Division of Taxes Levied on Taxable Property in the
Urban Renewal Area Amendment.After the effective date of this ordinance,the taxes
levied on the taxable property in the Urban Renewal Area Amendment each year by and
for the benefit of the State of Iowa,the City,the County and any school district or other
taxing district in which the Urban Renewal Area Amendment is located,shall be divided
as follows:
(a)that portion of the taxes which would be produced by the rate at which the
tax is levied each year by or for each of the taxing districts upon the total sum of the
assessed value of the taxable property in the Urban Renewal Area Amendment,as shown
on the assessment roll as of January 1 of the calendar year preceding the first calendar
year in which the City certifies to the County Auditor the amount of loans,advances,
indebtedness,or bonds payable from the special fund referred to in paragraph (b)below,
shall be allocated to and when collected be paid into the fund for the respective taxing
district as taxes by or for said taxing district into which all other property taxes are paid.
For the purpose of allocating taxes levied by or for any taxing district which did not
include the territory in the Urban Renewal Area Amendment on the effective date of this
ordinance,but to which the territory has been annexed or otherwise included after the
effective date,the assessment roll applicable to property in the annexed territory as of
January I of the calendar year preceding the effective date of the ordinance which
amends the plan for the Urban Renewal Area Amendment to include the annexed area,
shall be used in determining the assessed valuation of the taxable property in the annexed
area.
I
(b)that portion of the taxes each year in excess of such amounts shall be
allocated to and when collected be paid into a special fund ofthe City to pay the principal
of and interest on loans,moneys advanced to or indebtedness,whether funded,refunded,
assumed or otherwise,including bonds issued under the authority of Section 403.9(1),of
the Code of Iowa,incurred by the City to finance or ref mance,in whole or in part,
projects in the Urban Renewal Area Amendment,except that taxes for the payment of
bonds and interest of each taxing district shall be collected against all taxable property
within the taxing district without limitation by the provisions of this ordinance.Unless
and until the total assessed valuation of the taxable property in the Urban Renewal Area
Amendment exceeds the total assessed value of the taxable property in such area as
shown by the assessment roll referred to in subsection (a)of this section,all of the taxes
levied and collected upon the taxable property in the Urban Renewal Area Amendment
shall be paid into the funds for the respective taxing districts as taxes by or for said taxing
districts in the same manner as all other property taxes.When such loans,advances,
indebtedness,and bonds,if any,and interest thereon,have been paid,all money thereafter
received from taxes upon the taxable property in the Urban Renewal Area Amendment
shall be paid into the funds for the respective taxing districts in the same manner as taxes
on all other property.1
(c)the portion of taxes mentioned in subsection (b)of this section and the
special fund into which that portion shall be paid may be irrevocably pledged by the City
for the payment of the principal and interest on loans,advances,bonds issued under the
authority of Section 403.9(1)ofthe Code ofIowa,or indebtedness incurred by the City to
fmance or refinance in whole or in part projects in the Urban Renewal Area Amendment.
(d)as used in this section,the word "taxes"includes,but is not limited to,all
levies on an ad valorem basis upon land or real property.
Section 4.Repealer.All ordinances or parts of ordinances in conflict with the
provisions of this ordinance are hereby repealed.
Section 5.Saving Clause.If any section,provision,or part of this ordinance
shall be adjudged invalid or unconstitutional,such adjudication shall not affect the
validity of the ordinance as a whole or any section,provision or part thereof not adjudged
invalid or unconstitutional.
Section 6.Effective Date.This ordinance shall be effective after its final
passage,approval and publication as provided by law.I
Passed and approved by the Council of the City of Waukee,Iowa,on the 16th day
of April,2001.
Attest:
ity Administrator