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DICW Urban Renewal Plan Amendment 2018.3 (2) Copyrighted December 17, 2018 City of Dubuque Action Items # 1. ITEM TITLE: DICW Urban Renewal PlanAmendment2018.3 - Ordinance SUMMARY: City Manager recommending approval of an ordinance amending the Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District as the DistricYs boundaries were amended by Version 2018.3 of the Amended and Restated Urban Renewal Plan. ORDINANCE Amending Ordinance No. 18-18, Previously Amended, providing that General Property Taxes Levied and collected each year on all property located within the Amended and Restated Dubuque Industrial Center Economic Development District Urban Renewal Area of the City of Dubuque, County of Dubuque, State of lowa, by and for the benefit of the State of lowa, City of Dubuque, County of Dubuque, Dubuque Community School District, and other Taxing Districts, be paid to a special fund for payment of principal and interest on loans, monies advanced to and indebtedness, including Bonds issued or to be issued, incurred by said City in connection with the Amended and Restated Dubuque Industrial Center Economic Development District Urban Renewal Redevelopment Project SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Motion B; Motion A ATTACHMENTS: Description Type DICW Urban Renewal Plan Amendment Ordinance- City Manager Memo NNM Memo Staff Memo Staff Memo Urban Renewal Plan Supporting Documentation Attachment A- area map Supporting Documentation Attachment B1 - Ebsting Land Use Supporting Documentation Attachment B2 - Proposed Land Use Supporting Documentation Attachment C - Bonded Indebtedness Supporting Documentation Attachment D - Legal Description Supporting Documentation Taxing Body Consultation Minutes Supporting Documentation Ordinance Ordinance Suggested Nbtion Wording Supporting Documentation THE CITY OF Dubuque � AIFA�erlwGh UB E '�� III► Masterpiece on the Mississippi Z°°'�w'2 7A13 2017 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Amending Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as amended by Version 2018.1 and Version 2018.2 of the Amended and Restated Plan DATE: December 12, 2018 Economic Development Director Maurice Jones recommends City Council approval of an ordinance amending the Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District as the DistricYs boundaries were amended by Version 2018.3 of the Amended and Restated Urban Renewal Plan. I concur with the recommendation and respectfully request Mayor and City Council approval. �L;� 1��, ���,�� Mic ael C. Van Milligen �� � MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Maurice Jones, Economic Development Director Dubuque Economic Development Department THE CITY OF 50 West 13t"Street All-AmericaCitY Dubuque,lowa 52001-4864 1 ' Office(563)589-4393 TTY(563)690-6678 ° http://www.cityofdubuque.org Masterpiece on the Mississippi 200,.2012•2013 TO: Michael Van Milligen, City Manager FROM: Maurice Jones, Economic Development Director SUBJECT: Amending Tax Increment Ordinance for the Dubuque Industrial Center Economic Development District, as amended by Version 2018.1 and Version 2018.2 of the Amended and Restated Plan DATE: December 11, 2018 INTRODUCTION This memorandum transmits for City Council review and adoption an ordinance amending the tax increment ordinance for the Dubuque Industrial Center Economic Development District ("District") as the District's boundaries were amended by Version 2018.3 of the Amended and Restated Urban Renewal Plan. The proposed ordinance was reviewed by the City Attorney's Office and City's bond counsel and is attached to this memo. The proposed amending ordinance would expand the District to include the property to be designated as Subarea L and Subarea M (see attached map) by Version 2018.3 of the Amended and Restated Urban Renewal Plan in the TIF ordinance area of the Amended and Restated Urban Renewal Plan. BAC KG RO U N D On November 19, 2018, a Resolution of Necessity was adopted finding that proposed changes to the District's boundaries are necessary and appropriate to facilitate the proper growth and development of the community in accordance with sound planning and local community objectives. On November 27, 2018, a Consultation was conducted with the affected taxing entities as required by Chapter 403.5 of the lowa Code, providing an opportunity to discuss, question, or object to the findings in the Amended and Restated Urban Renewal Plan. Prior to the meeting, the taxing entities were mailed copies of the Amended and Restated Urban Renewal Plan and the Notice of Public Hearing. No representatives were in attendance. On December 7, 2018 the notice of public hearing was published to allow for the appropriate publication requirements. Assuming that the City Council approves the Amended and Restated Plan following the public hearing, Council action to amend the tax increment ordinance for the District would be appropriate. DISCUSSION The primary goal of Version 2018.3 of the Amended and Restated Plan is to add additional property as well as project details, including authorizing a development agreement with a national food production company within the District. In order to reflect the changes to the DistricYs boundaries and Subareas made by Version 2018.3, the TIF ordinance area boundaries must also be amended. The proposed ordinance reflects the addition of property as a new Subarea L and Subarea M. The ordinance continues to authorize the City to maintain a special fund for the collection of a portion of the property tax revenues generated by new development occurring the District. All taxable property that remains located in the District will continue to pay property taxes based upon the current tax levies and assessment valuations. Tax revenues collected in excess of the base amounts in each Subarea will be used to assist in financing future development projects within the District, including both public and private development. RECOMMENDATION/ ACTION STEP Following City Council approval of Version 2018.3 of the Amended and Restated Plan, I recommend that the City Council approve the ordinance attached hereto for the Dubuque Industrial Center Economic Development District. Tax increment financing is an important tool for economic development and will be used to assist future public and private development efforts. Prepared by Jill Connors. Economic Development, 50 W. 13th St .. Dubuque. IA 52001. 563-589-4393 Return to Kevin Firnstahl, City Clerk, 50 W. 13th St., Dubuque, IA 52001, 563-589-4100 ORDINANCE NO. 45-18 AMENDING ORDINANCE NO. 18-18, PREVIOUSLY AMENDED, PROVIDING THAT GENERAL PROPERTY TAXES LEVIED AND COLLECTED EACH YEAR ON ALL PROPERTY LOCATED WITHIN THE AMENDED AND RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL AREA OF THE CITY OF DUBUQUE, COUNTY OF DUBUQUE, STATE OF IOWA, BY AND FOR THE BENEFIT OF THE STATE OF IOWA, CITY OF DUBUQUE, COUNTY OF DUBUQUE, DUBUQUE COMMUNITY SCHOOL DISTRICT, AND OTHER TAXING DISTRICTS, BE PAID TO A SPECIAL FUND FOR PAYMENT OF PRINCIPAL AND INTEREST ON LOANS, MONIES ADVANCED TO AND INDEBTEDNESS, INCLUDING BONDS ISSUED OR TO BE ISSUED, INCURRED BY SAID CITY IN CONNECTION WITH THE AMENDED AND RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL REDEVELOPMENT PROJECT WHEREAS, the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District (the "District") described in Resolution No. 130-88 was adopted on May 2, 1988 and was thereafter amended and restated by Resolution No. 484-90 on December 17, 1990, Resolution No. 142-97 on April 7, 1997, Resolution No. 478-97 on November 17, 1997, Resolution No. 15-08 on January 7, 2008, Resolution No. 101-08 on March 17, 2008, Resolution No. 109-08 on April 7, 2008, Resolution No. 87-11 on March 7, 2011, Resolution No. 171-13 on June 3, 2013, Resolution No. 197-15 on June 1, 2015, Resolution No. 309-15 on September 8, 2015, Resolution No. 132-16 on September 19, 2016, Resolution No. 157-18 and Resolution No. 158-18 on May 21, 2018, and Resolution 380-18 on December 17, 2018 (as amended and restated, the "Urban Renewal Plan" or "Amended and Restated Urban Renewal Plan"); and WHEREAS, the City Council of the City of Dubuque, Iowa originally provided for the division of taxes pursuant to Section 403.19 of the Code of Iowa within the District in Ordinance No. 26-88 passed and approved on May 2, 1988 and thereafter amended and restated by Ordinance No. 63-88 on December 5, 1988, by Ordinance No. 66-97 on November 17, 1997, by Ordinance No. 70-08 on October 20, 2008, by Ordinance No. 10-14 on February 3, 2014, by Ordinance No. 39-15 on June 1; 2015, by Ordinance No. 55-15 on September 8, 2015, by Ordinance No. 49-16 on September 19, 2016, and by Ordinance 18-18 on May 21, 2018; and · WHEREAS, indebtedness has been incurred by the City, and additional indebtedness is anticipated to be incurred in the future, to finance urban renewal project activities within the District, and the continuing needs of redevelopment within the District are such as to require the continued application of the incremental tax resources of the District; and WHEREAS, the following enactment is necessary to accomplish the objectives described in the premises. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA, THAT: Ordinance Number 18-18 is hereby amended to read as follows: Section 1: For purposes of this Ordinance, the following terms shall have the following meanings: (a) Original Project Area means that portion of the City of Dubuque, Iowa described in the Urban Renewal Plan for the District approved by Resolution No. 130-88 on May 2, 1988, and subsequently amended by Resolution No. 484-90 on December 17, 1990, which Original Project Area includes the lots and parcels located within the area now legally described as follows: All of Dubuque Industrial Center Eighth Addition; and All of Lot 1 Dubuque Industrial Center 13th Addition; and Lot 2 Dubuque Industrial Center 13th Addition; and Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center 11th Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1-3 Dubuque Industrial Center 12th Addition; and Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 10th Addition; and Lot 2-3 Dubuque Industrial Center 12th Addition; and Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 12th Addition; and Lot 2 Dubuque Industrial Center Ninth Addition; and 2 Lot 2 Dubuque Industrial Center 12th Addition; and Lot 2-2 Dubuque Industrial Center Sixth Addition; and Lot 3 Dubuque Industrial Center Ninth Addition; and Lot 1 Dubuque Industrial Center Sixth Addition; and Lot 2 of 2 Dubuque Industrial Center 7th Addition; and Lot 2-1 Walter Addition; and Lot 2-1 Walter Addition; and And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, Iowa. The Original Project Area is referred to as "Subarea A" in the Urban Renewal Plan hereinafter described. (b) Subarea B means that portion of the City of Dubuque, Iowa described as Subarea B in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 478-97 on November 17, 1997, and subsequently amended by Resolution No. 15-08 on January 7, 2008, which Subarea B includes the lots and parcels located within the area legally described as follows: Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West as originally platted; and Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and Lots 1, 2, 3, 4, 8, and C of Dubuque Industrial Center West 4th Addition as originally platted; and Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque Industrial Center West 5th Addition as originally platted; and Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition as originally platted; and Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; and Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of the Southeast Quarter of the Southwest Quarter all in Section 30, Township 89 North, Range 2 East, 5th Principal Meridian as originally platted; and and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the SE 1/4 of Section 30, the SE 1/4 of the SW 1/4 of Section 30, the NW 1/4 of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of the 5th P.M. Dubuque County, Iowa, the centerline of which is more particularly described as follows: beginning at a point of intersection with the easterly line of the SE 1/4 of Section 30, T89N, R2E, of the 5th P.M., thence southwesterly along the centerline of said railroad 2,700 feet, more or less a point of intersection with the westerly line of the SE 1/4 of said Section 30; thence southwesterly continuing along said centerline 845 feet, more or less, to a point where 3 the railroad right-of-way widens to 200 feet, said point being the terminus of this description; and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter in Section 29, Township 89 North, Range 2 East, 5th Principal Meridian; and any adjoining public street right-of-way all in the City of Dubuque, Dubuque County, Iowa. (c) Subarea C means that portion of the City of Dubuque, Iowa described as Subarea C in the Amended a11d Restated Urban Renewal Plan for the District approved by Resolution No. 10·1-os on March 17, 2008, which Subarea C includes the lots and parcels located within the area legally described as follows: Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW Y4 of the NW Y<i of Sec. 30, T89N, R2E of the 5th PM; and and any adjoining public. street right-of-way, all in the City of Dubuque, Dubuque County, Iowa, EXCEPT those lots and parcels included in Subarea K. (d) Subarea D means that portion of the City of Dubuque, Iowa described as Subarea D in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 109-08 on April 7, 2008, vyhich Subarea D includes the lots and parcels located within the area legally described as follows: Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, Iowa. (e) Subarea E means that portion of the City of Dubuque, Iowa described as Subarea E in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 87-11 on March 7, 2011, which Subarea E includes the lots and parcels located within the area legally described as follows: All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, Iowa, and; All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of South Fork Subdivision No. 1 in the City of Dubuque, to the south boundary lines of Lot H of Dubuque Industrial Center West and Lot 1 of Dubuque Industrial Center West 2nd Addition in the City of Dubuque, 4 Dubuque County, Iowa, including crossings at the intersections of Old Highway Road and Chicago Central & Pacific Railroad rights-of-way. (f) Subarea F means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea F in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 197-15 on June 1, 2015, which Subarea F includes the lots and parcels located within the area legally described as follows: Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according to the recorded plat thereof; Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter, Section 25, Township 89 North, Range 1 East of the 5th Principal Meridian, in Center Township, Dubuque County, Iowa; · Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, Iowa, according to the plat thereof; and The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the 5th P.M., in Center Township, Dubuque County, Iowa. (g) Subarea G means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea G in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 309-15 on September 8, 2015, which Subarea G includes the lots and parcels located within the area legally described as follows: The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place #2, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. All in the City of Dubuque, Dubuque County, Iowa. (h) Subarea H means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea H in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea H includes the lots and parcels located within the area legally described as follows: 5 Lot 1 of the Northeast Yi of the Northeast Yi, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast Yi of the Northeast Yi, of Section 30, in Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. (i) Subarea I means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea I in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea I includes the lots and parcels located within the area legally described as follows: Lot 2 Seippel Road Place #2, Dubuque County, Iowa. Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, Iowa U) Subarea J means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea J in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea J includes the lots and parcels located within the area legally described as follows: Lot 2 Julien Care Place, Dubuque County, Iowa. Lot 3 Julien Care Place, Dubuque County, Iowa Lot 2-1 Julien Care Place, Dubuque County, Iowa (k) Subarea K means that portion of the City of Dubuque, Iowa, removed from Subarea C of the District by Version 2018.1 of the Amended and Restated Plan for the District approved by Resolution No. 157-18, and added to the District by Version 2018.2 of the Amended and Restated Plan for the District approved by Resolution No. 158-18 as Subarea K, all on May 21, 2018, which Subarea K includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, Iowa. (I) Subarea L means that portion of the City of Dubuque, Iowa described as Subarea L in the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea L includes the lots and parcels located within the area legally described as follows: Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, Iowa, comprised of Lot 1 of the West 30 Acres of the Southwest Yi of the Southeast :4, Section 19, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. 6 (m) Subarea M means that portion of the City of Dubuque, Iowa described as Subarea Min the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea M includes the lots and parcels located within the area legally described as follows: Lot 2 of the Subdivision of Lot 2 of the Northeast X of the Northeast ~ of Section 30, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. (n) Amended Project Area means that portion of the City of Dubuque, Iowa and Dubuque County included within the Original Project Area, Subarea B, Subarea C, Subarea D, Subarea E, Subarea F, Subarea G, Subarea H, Subarea I, Subarea J, Subarea K, Subarea L, and Subarea M each as described in this Section. Section 2: The taxes levied on the taxable property in the Amended Project Area, and each subarea thereof, legally described in Section 1 hereof, by and for the benefit of the State of Iowa, City of Dubuque, County of Dubuque, Dubuque Community School District, and all other taxing districts from and after the effective date of this Ordinance shall be divided as hereinafter in this Ordinance provided. Section 3: As to the Original Project Area, 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 taxing property in the Original Project Area upon the total sum of the assessed value of the taxable property in the Original Project Area as shown on the assessment roll as of January 1, 1987, being the first day of the calendar year preceding the effective date of Ordinance No. 26-88, 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. The taxes so determined shall be referred herein as the "base period taxes" for such Subarea. As to Subarea B, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1996, being the assessment rol! applicable to property in such Subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 66-97. As to Subarea C (except the lots and parcels now forming Subarea K), base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2007, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 70-08, and base values shall be reduced due to the removal of area from Subarea C. As to Subarea D, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2007, being the 7 assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 70-08. As to Subarea E, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2013, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No.10-14. As to Subarea F, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2014, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 39-15. As to Subarea G, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2014, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 55-15. As to Subarea H, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea I, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea J, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea K, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 18-18. As to Subarea L, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of this Ordinance No. 45-18. As to Subarea M, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 8 being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of this Ordinance No. 45-18. Section 4: That portion of the taxes each year in excess of the base period taxes for the Amended Project Area, determined for each sub-area thereof as provided in Section 3 of this Ordinance, shall be allocated to and when collected be paid into the special tax increment fund previously established by the City of Dubuque to pay the principal of and interest on loans, monies advanced to, or indebtedness, whether funded, refunded, assumed or otherwise, including bonds issued under authority of Section 403.9 or Section 403.12 of the Code of Iowa, incurred by the City of Dubuque, Iowa to finance or refinance, in whole or in part, urban renewal projects undertaken within the Amended Project Area pursuant to the Urban Renewal Plan, except that taxes for the regular and voter-approved physical plant and equipment levy of a school district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for the instructional support program of a school district imposed pursuant to Section 257.19 (but in each case only fo the extent required under Section 403.19(2)), taxes for the payment of bonds and inter~st of each taxing district, and taxes imposed under Section 346. 77 (22) related to joint county-city buildings, shall be collected against all taxable property within the Amended Project Area without any limitation as hereinabove provided. Section 5: Unless or until the total assessed valuation of the taxable property in the subareas of the Amended Project Area exceeds the total assessed value of the taxable property in said subareas shown by the assessment rolls referred to in Section 3 of this Ordinance, all of the taxes levied and collected upon the taxable property in the Amended Project Area shall be paid into the funds for the respective taxing districts as taxes by or for the taxing districts in the same manner as all other property taxes. Section 6: At such time as the loans, monies advanced, bonds and interest thereon and indebtedness of the City of Dubuque referred to in Section 4 hereof have been paid, all monies thereafter received from taxes upon the taxable property in the Amended Project Area shall be paid into the funds for the respective taxing districts in the same manner as taxes on all other property. Section 7: All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. The provisions of this Ordinance are intended and shall be construed so as to continue the division of taxes from taxable property in the Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as authorized in Ordinance No. 18-18. In the event that any provision of this Ordinance shall be determined to be contrary to law it shall not affect other provisions or application of this Ordinance which shall at all times be construed to fully invoke the provisions of Section 403.19 of the Code of Iowa with reference to the Amended Project Area and the subareas contained therein. g i IJ 'I '! :1 I ii 11 11 ii '1 1 ll 'I I, I Ii 'I 11 II ii Ii I 11 II ',1 ii :1 I I I i ,, Ii I IT Pg. 1 O -Ordinance No. 45-18 Section 8: This Ordinance shall be in effect after its final passage, approval and publication as provided by law. Passed, approved and adopted this 17th day of December 2018. iau {Roy D. Buol, Mayor Attest: Read first time: December 17, 2018 Read second time: December 17, 2018 Read third time: December 17, 2018 PASSED AND APPROVED: December 17, 2018 PUBLISHED: December 21, 2018 10 llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll Doc ID: 010223620011 Type: GEN Kind: ORDINANCE Recorded: 12/20/2018 at 01:56:09 PM Fee Amt: $57.00 Pa~e 1 of 11 Dubuque County Iowa John Murphy Recorder File2018-00014990 Prepared by Jill Connors, Economic Development, 50 W. 13th St., Dubuque, IA 52001, 563-589-4393 Return to Kevin Firnstahl, City Clerk, 50 W. 13th St., Dubuque, IA 52001, 563-589-4100 ORDINANCE NO. 45-18 AMENDING ORDINANCE NO. 18-18, PREVIOUSLY AMENDED, PROVIDING THAT GENERAL PROPERTY TAXES LEVIED AND COLLECTED EACH YEAR ON ALL PROPERTY LOCATED WITHIN THE AMENDED AND RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL AREA OF THE CITY OF DUBUQUE, COUNTY OF DUBUQUE, STATE OF IOWA, BY AND FOR THE BENEFIT OF THE STATE OF IOWA, CITY OF DUBlJQUE, COUNTY OF DUBUQUE, DUBUQUE COMMUNITY SCHOOL DISTRICT, AND OTHER TAXING DISTRICTS, BE PAID TO A SPECIAL FUND FOR PAYMENT OF PRINCIPAL AND INTEREST ON LOANS, MONIES ADVANCED TO AND INDEBTEDNESS, INCLUDING BONDS ISSUED OR TO BE ISSUED, INCURRED BY SAID CITY IN CONNECTION WITH THE AMENDED AND RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL REDEVELOPMENT PROJECT WHEREAS, the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District (the "District") described in Resolution No. 130-88 was adopted on May 2, 1988 and was thereafter amended and restated by Resolution No. 484-90 on December 17, 1990, Resolution No. 142-97 on April 7, 1997, Resolution No. 478-97 on November 17, 1997, Resolution No. 15-08 on January 7, 2008, Resolution No. 101-08 on March 17, 2008, Resolution No. 109-08 on April 7, 2008, Resolution No. 87-11 on March 7, 2011, Resolution No. 171-13 on June 3, 2013, Resolution No. 197-15 on June 1, 2015, Resolution No. 309-15 on September 8, 2015, Resolution No. 132-16 on September 19, 2016, Resolution No. 157-18 and Resolution No. 158-18 on May 21, 2018, and Resolution 380-18 on December 17, 2018 (as amended and restated, the "Urban Renewal Plan" or "Amended and Restated Urban Renewal Pian"); and WHEREAS, the City Council of the City of Dubuque, Iowa originally provided for the division of taxes pursuant to Section 403. 19 of the Code of Iowa within the District in Ordinance No. 26-88 passed and approved on May 2, 1988 and thereafter amended and restated by Ordinance No. 63-88 on December 5, 1988, by Ordinance No. 66-97 on November 17, 1997, by Ordinance No. 70-08 on October 20, 2008, by Ordinance No. 10-14 on February 3, 2014, by Ordinance No. 39-15 on June 1; 2015, by Ordinance No. 55-15 on September 8, 2015, by Ordinance No. 49-16 on September 19, 2016, and by Ordinance 18-18 on May 21, 2018; and · WHEREAS, indebtedness has been incurred by the City, and additional indebtedness is anticipated to be incurred in the future, to finance urban renewal project activities within the District, and the continuing needs of redevelopment within the District are such as to require the continued application of the incremental tax resources of the District; and WHEREAS, the following enactment is necessary to accomplish the objectives described in the premises. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA, THAT: Ordinance Number 18-18 is hereby amended to read as follows: Section 1: For purposes of this Ordinance, the following terms shall have the following meanings: (a) Original Project Area means that portion of the City of Dubuque, Iowa described in the Urban Renewal Plan for the District approved by Resolution No. 130-88 on May 2, 1988, and subsequently amended by Resolution No. 484-90 on December 17, 1990, which Original Project Area includes the lots and parcels located within the area now legally described as follows: All of Dubuque Industrial Center Eighth Addition; and All of Lot 1 Dubuque Industrial Center 13th Addition; and Lot 2 Dubuque Industrial Center 13th Addition; and Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center Fifth Addition; and Lot 1 Dubuque Industrial Center 11th Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and Lot 1-3 Dubuque Industrial Center 12th Addition; and Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 10th Addition; and Lot 2-3 Dubuque Industrial Center 12th Addition; and Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and Lot 1 Dubuque Industrial Center 12th Addition; and Lot 2 Dubuque Industrial Center Ninth Addition; and 2 Lot 2 Dubuque Industrial Center 12th Addition; and Lot 2-2 Dubuque Industrial Center Sixth Addition; and Lot 3 Dubuque Industrial Center Ninth Addition; and Lot 1 Dubuque Industrial Center Sixth Addition; and Lot 2 of 2 Dubuque Industrial Center 7th Addition; and Lot 2-1 Walter Addition; and Lot 2-1 Walter Addition; and And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, Iowa. The Original Project Area is referred to as "Subarea A" in the Urban Renewal Plan hereinafter described. (b) Subarea B means that portion of the City of Dubuque, Iowa described as Subarea B in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 478-97 on November 17, 1997, and subsequently amended by Resolution No. 15-08 on January 7, 2008, which Subarea B includes the lots and parcels located within the area legally described as follows: Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West as originally platted; and Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and Lots 1, 2, 3, 4, 8, and C of Dubuque Industrial Center West 4th Addition as originally platted; and Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque Industrial Center West 5th Addition as originally platted; and Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition as originally platted; and Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; and Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of the Southeast Quarter of the Southwest Quarter all in Section 30, Township 89 North, Range 2 East, 5th Principal Meridian as originally platted; and and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the SE 1/4 of Section 30, the SE 1/4 of the SW 1/4 of Section 30, the NW 1/4 of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of the 5th P.M. Dubuque County, Iowa, the centerline of which is more particularly described as follows: beginning at a point of intersection with the easterly line of the SE 1/4 of Section 30, T89N, R2E, of the 5th P.M., thence southwesterly along the centerline of said railroad 2,700 feet, more or less a point of intersection with the westerly line of the SE 1/4 of said Section 30; thence southwesterly continuing along said centerline 845 feet, more or less, to a point where 3 the railroad right-of-way widens to 200 feet, said point being the terminus of this description; and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter in Section 29, Township 89 North, Range 2 East, 5th Principal Meridian; and any adjoining public street right-of-way all in the City of Dubuque, Dubuque County, Iowa. (c) Subarea C means that portion of the City of Dubuque, Iowa described as Subarea C in the Amended a11d Restated Urban Renewal Plan for the District approved by Resolution No. 10·1-os on March 17, 2008, which Subarea C includes the lots and parcels located within the area legally described as follows: Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW Y4 of the NW Y<i of Sec. 30, T89N, R2E of the 5th PM; and and any adjoining public. street right-of-way, all in the City of Dubuque, Dubuque County, Iowa, EXCEPT those lots and parcels included in Subarea K. (d) Subarea D means that portion of the City of Dubuque, Iowa described as Subarea D in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 109-08 on April 7, 2008, vyhich Subarea D includes the lots and parcels located within the area legally described as follows: Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, Iowa. (e) Subarea E means that portion of the City of Dubuque, Iowa described as Subarea E in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 87-11 on March 7, 2011, which Subarea E includes the lots and parcels located within the area legally described as follows: All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, Iowa, and; All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of South Fork Subdivision No. 1 in the City of Dubuque, to the south boundary lines of Lot H of Dubuque Industrial Center West and Lot 1 of Dubuque Industrial Center West 2nd Addition in the City of Dubuque, 4 Dubuque County, Iowa, including crossings at the intersections of Old Highway Road and Chicago Central & Pacific Railroad rights-of-way. (f) Subarea F means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea F in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 197-15 on June 1, 2015, which Subarea F includes the lots and parcels located within the area legally described as follows: Lot one (1) of Graf Farm Subdivision #2, Dubuque County, Iowa, according to the recorded plat thereof; Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter, Section 25, Township 89 North, Range 1 East of the 5th Principal Meridian, in Center Township, Dubuque County, Iowa; · Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, Iowa, according to the plat thereof; and The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the 5th P.M., in Center Township, Dubuque County, Iowa. (g) Subarea G means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea G in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 309-15 on September 8, 2015, which Subarea G includes the lots and parcels located within the area legally described as follows: The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place #2, in the City of Dubuque, Iowa. Lot 2 of McFadden Farm Place, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. All in the City of Dubuque, Dubuque County, Iowa. (h) Subarea H means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea H in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea H includes the lots and parcels located within the area legally described as follows: 5 Lot 1 of the Northeast Yi of the Northeast Yi, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast Yi of the Northeast Yi, of Section 30, in Township 89 North, Range 2 East of the 5th Principal Meridian, in the City of Dubuque, Iowa. (i) Subarea I means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea I in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea I includes the lots and parcels located within the area legally described as follows: Lot 2 Seippel Road Place #2, Dubuque County, Iowa. Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the 5th Principal Meridian, Dubuque County, Iowa U) Subarea J means that portion of the City of Dubuque, Iowa, and Dubuque County described as Subarea J in the Amended and Restated Urban Renewal Plan for the District approved by Resolution No. 332-16 on September 19, 2016, which Subarea J includes the lots and parcels located within the area legally described as follows: Lot 2 Julien Care Place, Dubuque County, Iowa. Lot 3 Julien Care Place, Dubuque County, Iowa Lot 2-1 Julien Care Place, Dubuque County, Iowa (k) Subarea K means that portion of the City of Dubuque, Iowa, removed from Subarea C of the District by Version 2018.1 of the Amended and Restated Plan for the District approved by Resolution No. 157-18, and added to the District by Version 2018.2 of the Amended and Restated Plan for the District approved by Resolution No. 158-18 as Subarea K, all on May 21, 2018, which Subarea K includes the lots and parcels located within the area legally described as follows: Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, Iowa. (I) Subarea L means that portion of the City of Dubuque, Iowa described as Subarea L in the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea L includes the lots and parcels located within the area legally described as follows: Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, Iowa, comprised of Lot 1 of the West 30 Acres of the Southwest Yi of the Southeast :4, Section 19, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. 6 (m) Subarea M means that portion of the City of Dubuque, Iowa described as Subarea Min the Amended and Restated Urban Renewal Plan for the District approved by Resolution 380-18 on December 17, 2018, which Subarea M includes the lots and parcels located within the area legally described as follows: Lot 2 of the Subdivision of Lot 2 of the Northeast X of the Northeast ~ of Section 30, Township 89 North, Range 2 East of the 5th P.M. all in the City of Dubuque, Dubuque County, Iowa. (n) Amended Project Area means that portion of the City of Dubuque, Iowa and Dubuque County included within the Original Project Area, Subarea B, Subarea C, Subarea D, Subarea E, Subarea F, Subarea G, Subarea H, Subarea I, Subarea J, Subarea K, Subarea L, and Subarea M each as described in this Section. Section 2: The taxes levied on the taxable property in the Amended Project Area, and each subarea thereof, legally described in Section 1 hereof, by and for the benefit of the State of Iowa, City of Dubuque, County of Dubuque, Dubuque Community School District, and all other taxing districts from and after the effective date of this Ordinance shall be divided as hereinafter in this Ordinance provided. Section 3: As to the Original Project Area, 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 taxing property in the Original Project Area upon the total sum of the assessed value of the taxable property in the Original Project Area as shown on the assessment roll as of January 1, 1987, being the first day of the calendar year preceding the effective date of Ordinance No. 26-88, 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. The taxes so determined shall be referred herein as the "base period taxes" for such Subarea. As to Subarea B, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1996, being the assessment rol! applicable to property in such Subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 66-97. As to Subarea C (except the lots and parcels now forming Subarea K), base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2007, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 70-08, and base values shall be reduced due to the removal of area from Subarea C. As to Subarea D, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2007, being the 7 assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 70-08. As to Subarea E, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2013, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No.10-14. As to Subarea F, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2014, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 39-15. As to Subarea G, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2014, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 55-15. As to Subarea H, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea I, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea J, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2015, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 49-16. As to Subarea K, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of Ordinance No. 18-18. As to Subarea L, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of this Ordinance No. 45-18. As to Subarea M, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2017, 8 being the assessment roll applicable to property in such subarea as of January 1 of the calendar year preceding the effective date of this Ordinance No. 45-18. Section 4: That portion of the taxes each year in excess of the base period taxes for the Amended Project Area, determined for each sub-area thereof as provided in Section 3 of this Ordinance, shall be allocated to and when collected be paid into the special tax increment fund previously established by the City of Dubuque to pay the principal of and interest on loans, monies advanced to, or indebtedness, whether funded, refunded, assumed or otherwise, including bonds issued under authority of Section 403.9 or Section 403.12 of the Code of Iowa, incurred by the City of Dubuque, Iowa to finance or refinance, in whole or in part, urban renewal projects undertaken within the Amended Project Area pursuant to the Urban Renewal Plan, except that taxes for the regular and voter-approved physical plant and equipment levy of a school district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for the instructional support program of a school district imposed pursuant to Section 257.19 (but in each case only fo the extent required under Section 403.19(2)), taxes for the payment of bonds and inter~st of each taxing district, and taxes imposed under Section 346. 77 (22) related to joint county-city buildings, shall be collected against all taxable property within the Amended Project Area without any limitation as hereinabove provided. Section 5: Unless or until the total assessed valuation of the taxable property in the subareas of the Amended Project Area exceeds the total assessed value of the taxable property in said subareas shown by the assessment rolls referred to in Section 3 of this Ordinance, all of the taxes levied and collected upon the taxable property in the Amended Project Area shall be paid into the funds for the respective taxing districts as taxes by or for the taxing districts in the same manner as all other property taxes. Section 6: At such time as the loans, monies advanced, bonds and interest thereon and indebtedness of the City of Dubuque referred to in Section 4 hereof have been paid, all monies thereafter received from taxes upon the taxable property in the Amended Project Area shall be paid into the funds for the respective taxing districts in the same manner as taxes on all other property. Section 7: All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. The provisions of this Ordinance are intended and shall be construed so as to continue the division of taxes from taxable property in the Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as authorized in Ordinance No. 18-18. In the event that any provision of this Ordinance shall be determined to be contrary to law it shall not affect other provisions or application of this Ordinance which shall at all times be construed to fully invoke the provisions of Section 403.19 of the Code of Iowa with reference to the Amended Project Area and the subareas contained therein. g i IJ 'I '! :1 I ii 11 11 ii '1 1 ll 'I I, I Ii 'I 11 II ii Ii I 11 II ',1 ii :1 I I I i ,, Ii I IT Pg. 10-Ordinance No. 45-18 Section 8: This Ordinance shall be in effect after its final passage, approval and publication as provided by law. Passed, approved and adopted this 17th day of December 2018. iau (Roy D. Buol, Mayor Attest: Read first time: December 17, 2018 Read second time: December 17, 2018 Read third time: December 17, 2018 PASSED AND APPROVED: December 17, 2018 PUBLISHED: December 21, 2018 10 CERTIFICATE of tfie CITY CLERK STATE OF IOWA ) ) COUNTY OF DUBUQUE ) 55: I, Trish L. Gleason, do hereby certify that I am the duly appointed, qualified, Assistant City Clerk of the City of Dubuque, Iowa, in the County aforesaid, and as such Assistant City Clerk, I have in my possession or have access to the records of the proceedings of the City Council. I do further state that the hereto attached Ordinance No. 45-18 is a true and correct copy of the original. In Testimony Whereof, I hereunto set my hand and official seal of the City of Dubuque, Iowa. Dated Dubuque, Iowa, on this 19th day of December, 2018. Of Trish L. Gleason, Assistant City Clerk . Jn!), Prepared by: Jill Connors,City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563)589-4393 Retum to: Kevin S. Fimstahl,City of Dubuque, 50 W. 13th Street, Dubuque, IA 52001 (563)589-4121 AMENDED and RESTATED URBAN RENEWAL PLAN Dubuque Industrial Center Economic Development District City of Dubuque, lowa This Amended and Restated Urban Renewal Plan provides for the continued development of the Dubuque Industrial Center Economic Development District, originally established by Resolution 130-88 of the City Council of the City of Dubuque, lowa on May 2, 1988 and thereafter amended and restated by Resolution 484-90 on December 17, 1990, Resolution 142-97 on April 7, 1997, Resolution 478-97 on November 17, 1997, Resolution 15-08 on January 7, 2008, Resolution 101-08 on March 17, 2008, Resolution 109-08 on April 7, 2008, Resolution 87-11 on March 7, 2011 , Resolution 171-13 on June 3, 2013, Resolution 197-15 on June 1 , 2015, Resolution 309-15 on September 8, 2015, Resolution 332-16 on September 19, 2016, Resolution 157- 18 on May 21 , 2018, Resolution 158-18 on May 21 , 2018, Resolution 158-18 on May 21 , 2018, and Resolution = 18 on , 2018. Prepared by the Economic Development Department. Version 2018.3 TABLE OFCONTENTS A. INTRODUCTION ..................................................................................................3 B. OBJECTIVES.......................................................................................................4 C. DISTRICT BOUNDARIES....................................................................................4 D. PUBLIC PURPOSE ACTIVITIES.........................................................................5 E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS................................7 F. LAND ACQUISITION AND DISPOSITION ..........................................................8 G. FINANCING ACTIVITIES.....................................................................................9 H. STATE AND LOCAL REQUIREMENTS............................................................ 11 I. DURATION OF APPROVED URBAN RENEWAL PLAN.................................. 11 J. SEVERABILITY ................................................................................................. 12 K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN.............................. 12 L. ATTACHMENTS ................................................................................................ 12 2 AMENDED and RESTATED DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL PLAN City of Dubuque, lowa A. INTRODUCTION This AMENDED and RESTATED URBAN RENEWAL PLAN (the "Plan") has been prepared to provide for the further development and redevelopment of the DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (the "DistricY') first established by the City of Dubuque on May 2, 1988. Its intent is to stimulate economic development activities within the expanded District through the commitment of public actions as specified herein. To achieve this objective, the City of Dubuque shall undertake the urban renewal actions specified in this Plan, pursuant to the powers granted to it under Chapter 403 of the lowa Code, Urban Renewal Law. This Plan is an amendment and restatement of the Dubuque Industrial Center Economic Development District Urban Renewal Plan adopted by Resolution 130-88 of the City Council of the City of Dubuque, lowa on May 2, 1988 and subsequently amended by Resolution 484-90 on December 17, 1990, Resolution 142-97 on April 7, 1997, Resolution 478-97 on November 17, 1997, Resolution 15-08 on January 7, 2008, Resolution 101-08 on March 17, 2008, Resolution 109-08 on April 7, 2008, Resolution 87-11 on March 7, 2011 , Resolution 171-13 on June 3, 2013, Resolution 197-15 on June 1 , 2015 Resolution 309-15 on September 8, 2015, Resolution 332-16 on September 19, 2016, Resolution 157-18 on May 21 , 2018, Resolution 158-18 on May 21 , 2018, and Resolution -18 on , 2018. This Plan shall serve as a new urban renewal plan for the District described herein. The division of taxation authorized by Section 403.19 and the separation of incremental taxes as defined in Section 403.19(2) have been implemented in the existing area of the District (the different areas of the District are hereinafter referred to as Subareas). Under the terms of this Plan, the tax increment mechanism shall continue in the existing Subareas and shall be implemented within a new Subarea being added to the District. Incremental taxes shall continue to be determined separately with respect to each of the Subareas comprising the District, and when collected shall be applied, subject to such liens and priorities as may exist or be from time to time provided, with respect to the Amended and Restated Dubuque Industrial Center Economic Development District, as so amended. 3 B. OBJECTIVES The primary objectives of the Plan are the development and redevelopment of the District for economic development activities, primarily industrial park development, through: 1 . Provision of marketable industrial development sites for the purpose of job-creating economic development activities; 2. Provision of public infrastructure improvements, including sanitary sewer, water and stormwater detention, supportive of full development of the District; 3. Provision of a safe, efficient and attractive circulation system; 4. Establishment of design standards which will assure cohesive and compatible development and redevelopment of the District; 5. Provision of public amenities that provide an aesthetically appealing environment, including open space, buffering, landscaping, water features, signage and lighting to create a distinctive and attractive setting; 6. Creation of financial incentives necessary to encourage new and existing businesses to invest in the District; and 7. Expansion of the property tax base of the District. C. DISTRICT BOUNDARIES The District is located entirely within the County of Dubuque, State of lowa. Most of the District, including all of Subareas A, B, C (as amended), D, E, G, H, and K, currently is within the corporate limits of the City of Dubuque. In accordance with lowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subarea F in the District in a Joint Agreement between the City and County, dated April 20, 2015. The City expects that Subarea F ultimately will become part of the City of Dubuque. In accordance with lowa Code Section 403.17(4), Dubuque County consented to the inclusion of Subareas I and J in the District in a Joint Agreement between the City and County, dated August 8, 2016. This Plan creates new Subareas within the District, Subarea L and Subarea M, by adding property to the District. Both Subarea L and Subarea M include property identified for planned road improvements to improve access and safety in the District, and accommodate future private development. 4 The City of Dubuque believes that the objectives of the Plan can best be accomplished by defining the real property included within the District as eleven separate areas so as to distinguish the original District (Subarea A) from the subsequent expansion areas (Subareas B, C (as amended), D, E, F, G, H, I, J, K, L, and M). The descriptions of the boundaries of each Subarea are attached to this Plan as ATTACHMENT D, District Boundary Description by Subarea. The boundaries of the District are delineated on the Subarea Map, attached to this Plan as ATTACHMENT A. The City of Dubuque reserves the right to further modify the boundaries of the District at some future date. Any amendments to the Plan will be completed in accordance with Chapter 403 of the lowa Code, Urban Renewal Law. D. PUBLIC PURPOSE ACTIVITIES To meet the OBJECTIVES of this Plan, the City of Dubuque has and expects to continue to initiate and support development and redevelopment of the District through, among other things, the following PUBLIC PURPOSE ACTIVITIES: 1 . Acquisition of property for public improvements and private development; a.) These activities include, but are not limited to, previously approved consultant work that will examine and identify future areas for acquisition and industrial park development. b.) These activities also include the acquisition of property that is included in the previously approved Subareas of this Plan. 2. Demolition and removal of buildings and improvements not compatible with or necessary for industrial park development and all site preparation and grading required in connection with such development; a.) These activities include, but are not limited to, the previously approved site work and grading associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and Dubuque Industrial Center South. 3. Improvement, installation, construction and reconstruction of streets, utilities and other improvements and rights-of-ways including but not limited to the relocation of overhead utility lines, street lights, construction of railroad spur tracks, appropriate landscaping and buffers, parks and open space and signage; a.) These activities include, but are not limited to, future and previously approved development of road, water, wastewater, 5 and storm water infrastructure associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and the Dubuque Industrial Center South. b.) These activities include, but are not limited to, the previously approved development of the Bergfeld recreational area, pond, and walking trail, as well as additional signage and trail improvements. c.) These activities also include the construction and installation of supporting infrastructure within the District. 4. Disposition of any property acquired in the District, including sale, initial leasing or retention by the City itself, at its fair value; 5. Preparation of property for development and redevelopment purposes including but not limited to activities such as appraisals and architectural and engineering studies; a.) These activities include, but are not limited to, the previously approved site work and grading associated with the development of the Dubuque Industrial Center, the Dubuque Industrial Center West and Dubuque Industrial Center South. 6. Maintenance of publicly utilized recreational and economic development areas; a.) These activities include, but are not limited to, general landscaping and maintenance expenses in public right-of-way and undeveloped land owned by the City of Dubuque. 7. Use of tax increment financing, loans, grants and other appropriate financial tools in support of eligible public and private development and redevelopment efforts; a) These activities also include, but are not limited to, previously approved property tax rebate agreements with: • Leo A. Theisen and Theisen Supply, Inc.; • A.Y. McDonald Mfg. Co.; • Green Industrial Supply; • Walter Development, LLC and TM, Inc.; • Spiegel Family Realty Company; • Progressive Processing, LLC/Hormel; • ITC Midwest LLC; • Medline Industries, Inc. (November 2007); • Art's-Way Vessels, Inc.; 6 • Kendall/Hunt Publishing Company, Westmark Enterprises, Inc. and Great River Technologies, LLC.; • P&L Venture, LLC, and National Dentex; • Dubuque Screw Products, Inc.; • Giese Properties, LLC and Giese Manufacturing Company, Inc. (Phase I and II); • Faley Properties, L.L.C. and Faley Enterprises, Inc.; • Malay Holdings, LLC, and Vanguard Countertops, Inc.; • Tri-State Industries; • TriState Quality Metals, LLC; • Roasting Solutions, LLC; • Flexsteel Industries, Inc.; and • Medline, Industries, Inc. (May 2018). b) These activities include, but are not limited to, previously approved agreements to sell bonds, leveraging tax increment financing on capital improvement for; • American Tank and Fabrication, Co. (formerly Vessel Systems, Inc.) for the development of a 31 ,000 square feet industrial manufacturing facility at 8025 Chavenelle Road. • The Adams Company for the development of a 50,000 square foot industrial facility at 8040 Chavenelle Road. c) These activities may also include future tax abatement agreements pursuant to the lowa Hiqh Quality Jobs Program with: • A national company that may establish a new food production facility in the District. This agreement is expected to include incentives in addition to tax abatement, such as the provision of grants funded through tax increment financing and the City's construction and installation of a new street and infrastructure. 8. Enforcement of applicable local, state and federal laws, codes and regulations; 9. Enforcement of established design standards in furtherance of quality development; 10. Development and implementation of a marketing program for the purpose of promoting the purchase and development of industrial sites by private developers; 7 11 . Coordination and cooperation with the improvement of Seippel Road as it affects accessibility to U.S. Highway 20 from Subareas B, C, E, F, I, J. 12. Contracts with vendors to promote business retention, expansion, recruitment, and workforce development; a.) These activities include, but are not limited to, a contract for service with the Greater Dubuque Development Corporation to promote business retention and expansion, workforce development, new business recruitment and commercial and industrial expansion in the District. b.) These activities include, but are not limited to, related legal expenses. 13. Construction by the County of one or more County-owned buildings in Subareas I and/or J. a.) These activities include the support of the County's investment of Dubuque County funds into the construction of a new office building and a new maintenance and storage shop on certain County-owned real property situated at 13047 City View Drive for use by the County's Secondary Roads, Health, Zoning and County Assessor Departments. The County funding for this project may come from borrowed funds through the issuance of general obligation indebtedness or such other sources as the County may identify in the future. It is not anticipated that the City or TIF funds from the District will finance this project in any way. Public purpose activities are limited to those areas delineated on the URBAN RENEWAL DISTRICT map (Attachment A). All public purpose activities shall be conditioned upon and shall meet the restrictions and limitations placed upon the District by the Plan. E. DEVELOPMENT & REDEVELOPMENT REQUIREMENTS The LAND USE and PLANNING AND DESIGN CRITERIA set forth herein shall apply to any and all District properties the development and/or the redevelopment of which is assisted by the City through any of the PUBLIC PURPOSE ACTIVITIES listed above. 1 . Land Use Subareas A, B, C, D, E, F, G, H, I, J, K, L, and M shall continue to be developed under the regulations of the existing Dubuque Industrial Center Planned Industrial District. The allowed uses provide for a mix of commercial and 8 industrial land use activities within a quality industrial park setting. LAND USE maps (Attachments B-1 and B-2) identify the existing and the proposed land uses within Subareas A, B, C, D, E, F, G, H, I, J, K, L, and M. 2. Planninq and Desiqn Criteria The planning criteria to be used to guide the physical development of Subareas A, B, C, D, E, F, G, H, K, L, and M are those standards and guidelines contained within the City of Dubuque's Unified Development Code and other applicable local, state and federal codes and ordinances. a. Subarea A development will continue to be additionally governed by the Conditions of Development and Operation Documents of the Dubuque Industrial Center Planned Industrial District as amended from time to time. b. Subareas B, C, D, E, F, and K will develop under a PI Planned Industrial District ordinance as required by Section 16-5-24 of the City of Dubuque's Unified Development Code. Development will follow the Planned Unit Development regulations which require a conceptual development plan and specific design and performance standards to be approved by ordinance. c. Subareas G, H, L, and M are intended to develop as an Industrial area similar to Subareas B, C, D, E, and F. d. Subareas I and J are located in Dubuque County outside of City of Dubuque corporate limits and therefore are not subject to City Development Codes. F. LAND ACQUISITION AND DISPOSITION The City of Dubuque is prepared to acquire and dispose of property in support of the development and redevelopment of the District within the parameters set forth below. 1 . Land Acquisition The City has acquired substantially all of the land located within the District, except Subareas I and J, and has made the same available for private development in accordance with this Plan. The City is in the process of acquiring the land located in Subareas L and M of the District and will make the same available for public development in accordance with this Plan. 2. Land Disposition 9 All City owned land that is available for development within the District, will be sold for the development of viable uses consistent with this Plan and not for purposes of speculation. Land will be disposed of in accordance with the requirements set forth in Chapter 403 of the lowa Code, Urban Renewal Law. Developers will be selected on the basis of the quality of their proposals and their ability to carry out such proposals while complying with the requirements of this Plan. Developers will be required by contractual agreement to observe the Land Use Requirements and Planning and Design Criteria of this Plan. The contract and other disposition documents will set forth the provisions, standards and criteria for achieving the objectives and requirements outlined in this Plan. 3. Relocation Requirements No relocation is anticipated at this time; however, if any relocation is necessary as part of the eligible urban renewal projects, the City will follow all applicable relocation requirements. G. FINANCING ACTIVITIES To meet the OBJECTIVES of this Plan and to encourage the development of the District and private investment therein, the City of Dubuque is prepared to provide financial assistance to qualified industries and businesses through the making of loans or grants under Chapter 15A of the lowa Code and through the use of tax increment financing under Chapter 403 of the lowa Code. 1 . Chapter 15A Loan or Grant The City of Dubuque has determined that the making of loans or grants of public funds to qualified industries and businesses is necessary to aid in the planning, undertaking and completion of urban renewal projects authorized under this Plan within the meaning of Section 384.24(3)(q) of the lowa Code. Accordingly, in furtherance of the objectives of this Plan, the City of Dubuque may determine to issue bonds or loan agreements, in reliance upon the authority of Section 384.24A, Section 384.24(3)(q), Section 403.12 (general obligation bonds) or Section 403.9 (tax increment bonds), for the purpose of making loans or grants of public funds to qualified businesses located within the District. Alternatively, the City may determine to use available funds for the making of such loans or grants. In determining qualifications of recipients and whether to make any such individual loans or grants, the City of Dubuque shall consider one or more of the factors set forth in Section 15A.1 of the lowa Code on a case-by-case basis. 2. Tax Increment Financinq 10 The City of Dubuque is prepared to utilize tax increment financing as a means of financing eligible costs incurred to implement the Public Purpose Activities identified in Part D of this Plan. Bonds, tax rebate agreements and/or loan agreements may be issued by the City under the authority of Section 403.9 of the lowa Code (tax increment bonds) or Section 384.24A, Section 384.24(3)(q) and Section 403.12 (general obligation bonds). The City acknowledges that the use of tax increment revenues delays the ability of other local taxing bodies to realize immediately the direct tax benefits of new development in the District. The City believes, however, that the use of tax increment revenues to finance the development of new industrial land and to promote private investment in the District is necessary in the public interest to achieve the OBJECTIVES of this Plan. Without the use of this special financing tool, new investment may not otherwise occur or may occur within another jurisdiction. If new development does not take place in Dubuque, property values could stagnate and the City, County and School District may receive less taxes during the duration of this Plan than they would have if this Plan were not implemented. Tax increment financing will provide a long-term payback in overall increased tax base for the City, County and School District. The initial public investment required to generate new private investment will ultimately increase the taxable value of the District well beyond its existing base value. Tax increment reimbursement may be sought for, among other things, the following costs to the extent they are incurred by the City: a. Planning and administration of the Plan; b. Construction of public infrastructure improvements and facilities within the District; c. Acquisition, installation, maintenance and replacement of public investments throughout the District including but not limited to street lights, landscaping and buffers, signage and appropriate amenities; d. Acquisition of land and/or buildings and preparation of same for sale or lease to private developers, including any "write down" of the sale price of the land and/or building; e. Preservation, conservation, development or redevelopment of buildings or facilities within the District to be sold or leased to qualified businesses; f. Loans or grants to qualified businesses under Chapter 15A of the lowa Code, including tax rebate payments, debt service payments on any 11 bonds issued to finance such loans or grants, for purposes of expanding the business or activity, or other qualifying loan programs established in support of the Plan; and g. Providing the matching share for a variety of local, state and federal grants and loans. h. Any of the costs incurred in connection with any of the PUBLIC PURPOSE ACTIVITIES described in Part D of this Plan. 3. Proposed Amount of Indebtedness At this time, the extent of improvements and new development within the District is only generally known. As such, the amount and duration for use of the tax increment revenues for public improvements and/or private development can only be estimated; however, the actual use and amount of tax increment revenues to be used by the City for District activities will be determined at the time specific development is proposed. It is anticipated that the maximum amount of indebtedness which will qualify for tax increment revenue reimbursement during the duration of this Plan, including acquisition, public improvements and private development assistance within the District, will not exceed $70,000,000. The City of Dubuque's current general debt subject to the constitutional debt limit is $121 ,994,100 (a list of the outstanding obligations is found at Attachment C) and the current constitutional debt limit is $221 ,512,756. H. STATE AND LOCAL REQUIREMENTS All provisions necessary to conform with state and local laws have been complied with by the City of Dubuque in the implementation of this Plan and its supporting documents. I. DURATION OF APPROVED URBAN RENEWAL PLAN 1 . Subarea A This Plan shall continue in effect for Subarea A until terminated by action of the City Council, but in no event before the City of Dubuque has received full reimbursement from all incremental taxes of its advances and principal and interest payable on all Tax Increment Financing or general obligations issued to carry out the OBJECTIVES of the Plan. 2. Subareas B, C, D, E, F, G, H, I, J, K, L, and M This Plan shall continue in effect until terminated by the City Council; provided, however, that the collection of tax increment revenues from properties located in 12 Subareas B, C, D, E, F, G, H, I, J, K, L, and M shall be limited as provided by law (currently 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 division of tax increment revenue as provided for in Section 403.19 (tax increment financing) of the lowa Code, or in which the City first includes the Subarea in an ordinance for the division of tax increment revenue). The DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS established, or as amended from time to time by the City of Dubuque Zoning Ordinance, shall remain in effect in perpetuity. J. SEVERABILITY In the event one or more provisions contained in this Plan shall be held for any reason to be invalid, illegal, unauthorized or unenforceable in any respect, such invalidity, illegality, unauthorization or unenforceability shall not affect any other provision of this Plan and this Plan shall be construed and implemented as if such provision had never been contained herein. K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN This Plan may be amended from time to time to respond to development opportunities. Any such amendment shall conform to the requirements of Chapter 403 of the lowa Code. Any change effecting any property or contractual right can be effectuated only in accordance with applicable state and local law. L. ATTACHMENTS A Urban Renewal District Map B Land Use Maps B-1 Existing Land Use B-2 Proposed Land Use C List of General Obligation Debt D Legal Descriptions 13 r � � �, r ''� �'� � �•-� '°�- � �4� - �,-'', �rY , rl�l� � J � J r '' .��� - . . m f�� �l � �' � � �1!l��!l � 1 ��l!�� �ri:� �' �r� ��r r�, �r»r� i �, � � �i� �;�rr� �r� � � i� �ri �, � :; , .r� a�. . . . . i �,,,. .�� . —r �.�- _ .. m � �. . �. � . , � , .. r B ��" ���' `� - � A � , � � � � . ,..� � '+� �� . � _�'4 ��� , � —����� ��� �� � � i� �,,.�s , w • �:,+ i; � • — �` . �f - �� I� . . � �� ��� • ` • . -- _ -, , ;. �� �� ,� �` -�,,�",,.: �. , � } ; �. , � �'''� � _ �� �� .�.,�� �� , , �� j . _ ...:� � � .y � � � ...�� � � . � � � � f��- ��, _ . ,,, . . : - District Boundary Subarea G • � ' �� 20 Subarea A Subarea H � Subarea B Subarea I i r � i Subarea C � Subarea 1 , � � Subarea D Subarea K � - . � � Subarea E Subarea L ,� Subarea F i Subarea M , �` • � Dubuque City Limits �� � ��/,� ,, �� '� � THE CiTY C]F j'i '�':- ��`,' f� , 1 Special Achievement in GIS DU$ E ,,�� � '�� e' ,� 2018 Award Winner • , �� ' �. �� . / � . �-. .�'� Maeterpiece ora tGie Missieeipyi . .� . � � ,� -� � ,./�� �� ��� � �.. � � , . � �--;,, � ,� / / � �.!� . _ r i r r r � � � � r -�• �-. ��j . ,�:' : � r��f� � � ��r �' � �� � r��� .��r� l�� � � 1�� � ..� .�r . ,.,�� . �� �� � �� � � !.1 � !.1 � rl �!.1:� rrJ% � �' �rl r�r r�� J rl J r��� �� � � � �J rrl �rl r � 1:� rrJ �� r 1 � � � � _��y� f, '�� 1r � �� � , P��.. �� �� , �B ,.; �� . : . . �, , . . . � - -_ ; � , . _ .� . 8 . , -�-c�c3 ' �" . _ �- , . . � _ ��;��-. � �1�� � � � , m �-� . ,� .-� � � � � � � _� � � _s i � � � ,� �� � � � � � ___ ��� � _ ,, .�__- � . . . . .. • � Agriculture Office 2 �� Commercial/Recreation Open Space Heavy Industrial Park �-- � Institutional Single Family/Duplex �� � Light Industrial i Vacant ` . � � County Agriculture �� District Boundary •.� • � Dubuque City Limits , � �. / THE C'iTY C]F > � Special Achievement in GIS DUB E i 2018 Award Winner t ,� 1�. ��I���'. � � � b�'r Maeterpiece on fl2e Missiesipyi - ��r � : _ ��-� p I »..,.: . � r � I 1�'� 1�'� ��/ � I' � � � � �� r � � � � � � �� r '`� �'� —✓ �� � � `� �I�I� � J � � � 11 � � � :��� �r�� � � � :�� - • J . ) f �J � ,'' � i 'r i r i � rl � � " rrJ% � �' �rl r �r r r� r rl � r � 1 �� � � I� �� rr� �r� r � i" rrJ �� r ,r J .� � � � .�� � �1�.� � � � �� � � � � � � �,� � � .� � � � . , , � ; tt %�' ;.; . ."�; � 1 I �." r �� � u�� '� '� �� � �N,�- J G��",- � _!"� � . ��� � .N� f���• � J � I� %� • '�I�. � � � ` t .3 t � . � : ',r -- --� _ � . , -c�-cr;�t ' � . � � .�� 1 �. _ -�,j' - �,� '_��' ./ ' / �— � ,� - � � 4 � - " �,' • i` � _ + �,, � ` . - ~ �I� ..-- ,� t�� `� �f ✓'� " �� r � � �1 ��� �� � i.i�.__'. ,,� � � , -_- . �� ==— , ; Commercial/Recreation . � Heavy Industrial - .• . Institutional • ' Light Industrial �" 20 Mixed-Use Residential � � Office Open Space � � Park . � Single-Family Residential District Boundary � � Dubuque City Limits �� � • ��.�`�� THE CiTY C]F �� DUS E � �'i � Special Achievement in GIS 2018 Award Winner " � ���/ � � . ��� �{ Maeterpiece ora tGie Missieeipyi �� � d 1'� �� • � -- �/r"a+. � �l .�l� . City of Dubuque ATTACHMENT C Summary of Bontletl Intleb[etlness Date Average Vear M AmourR Principal Principal IrRerest Principal Description M Interest Final M Outstantling Due Due Outstantling Issue Rate Payment Issue 6/30H8 FV 2019 FV 2019 6/30H9 General Obligation Bontls �Essential Corporate Purposel Airport T-Hangars-Refuntletl-Sales Tax 20% 12-10-12 12193% 2020 405,365 122,000 60,000 1,956 62,000 Airport New Terminal Furnishings-Sales Tax 20% 11-17-14 3.3000% 2026 55,000 40,000 5,000 1,200 35,000 Airport ImprovemeMs Refuntling 0417-17 3.0000% 2030 282,200 265,000 18,100 7,950 246,900 AirportlmprovemeMs-PFC OF28-12 3.1972% 2032 2,145,000 1,670,000 100,000 52,778 1,570,000 AirportlmprovemeMs-SalesTax20% OF28-12 3.1972% 2032 90,000 40,000 10,000 885 30,000 AirporiTerminalUtilitylmprov-PFC 11-17-14 3.3000% 2034 690,000 600,000 30,000 19,256 570,000 Airport New Terminal RoatlsiParking Sales Tar 20'N 0404-16 2.7896% 2036 635,927 581,255 28,775 15,204 552,480 America'sRiverRefuntling-GenerelFuntl 0417-17 3.0000% 2021 1,984,100 1,518,600 489,100 45,558 1,029,500 America'sRiverRefuntling-GDTIF 0417-17 3.0000% 2021 1,255,000 960,000 315,000 28,800 645,000 Builtling-CorrfCeMerlmprov-SalesTar20% OF28-12 2.7903% 2022 60,200 34,400 8,600 1,032 25,800 Builtling 18ih Sireet Improv Sales Tax 20% 3/19/2018 3.0464% 2026 391,913 391,913 40,946 13,055.00 350,967.00 Builtling City Hall Brickwork-Sales Tax 20% OF28-12 2.7903% 2027 393,000 270,000 27,000 8,100 243,000 Builtling Smart Meters Refuntling 0417-17 3.0000% 2030 45,400 42,600 2,900 1,278 39,700 Builtling Fetlerel Builtling Roof-Sales Tax 20% 0404-16 2.7896% 2035 268,404 245,329 12,145 6,417 233,184 CivicCeMerlmprwemeMs-SalesTar20% OF28-12 2.7903% 2027 550,200 378,000 37,800 11,340 340,200 DICWExpansionNonTarable-Refuntling 04-04-16 2.9127% 2023 3,175,000 1,895,000 590,000 56,850 1,305,000 DICW Expansion-South Siegert Farm 3/19/2018 3.0464% 2026 239,534 239,534 25,026 7,979.00 214,508.00 DICW Norih Siegert Refuntling 0417-17 3.0000% 2029 1,285,000 1,195,000 90,000 35,850 1,105,000 DICWExpansion-Consultant 12-10-12 2.5337% 2032 151,462 122,798 7,431 3,013 115,367 DICW Expansion-South Siegert Farm-Taxable OF28-12 3.1972% 2032 3,975,000 3,100,000 185,000 97,960 2,915,000 DICW Expansion-South Siegert Farm-Nontaxable OF28-12 2.7903% 2032 425,000 335,000 20,000 10,362 315,000 DICWTaxable-LantlAcquisition 11-17-14 3.9900% 2034 1,640,000 1,370,000 65,000 48,925 1,305,000 E911 Tower Relocation-Sales Tar 20% OF28-12 2.7903% 2027 235,800 162,000 16,200 4,860 145,800 FireSYation7631mprwemeMs-Gaming OF28-12 2.7903% 2022 65,000 40,000 10,000 1,200 30,000 Fire AmbiBuiltling HVAGBunker IrrigationiPark 11-17-14 3.3000% 2025 715,000 515,000 70,000 15,450 445,000 FirePumper-Gaming OF28-12 2.7903% 2027 269,800 181,050 17,750 5,432 163,300 Fire Truck Refuntling-Debt Service Levy 0417-17 3.0000% 2030 951,500 893,600 60,900 26,808 832,700 Fire SYation#2iPark ImprovemeMs-Sales Tax 20'% 11-17-14 3.3000% 2034 320,000 275,000 15,000 8,825 260,000 FireAmbulanceReplacement 0417-17 3.0000% 2030 230,000 215,000 15,000 6,450 200,000 Frenchise Fee Settlement Jutlgment Bontl 0404-16 2.9326% 2035 2,830,000 2,580,000 135,000 70,306 2,445,000 GDTIF Main SYreet Refuntling 0417-17 3.0000% 2021 305,000 230,000 70,000 6,900 160,000 GDTIFKepharfsBuiltling-Refuntling 0404-16 2.9127% 2023 200,000 150,000 30,000 4,500 120,000 GDTIFLibreryRenovation-Refuntling 0404-16 2.9127% 2023 1,275,000 935,000 175,000 28,050 760,000 GDTIF Downtown Housing Refuntling 0417-17 3.0000% 2030 2,120,000 2,005,000 125,000 62,755 1,880,000 GDTIF Millwnrk Disirict Refuntling 04-17-17 3.0000% 2030 2,080,000 1,960,000 135,000 58,800 1,825,000 GDTIF7ihSYreet2-WayCorrversion 03-1512 2.7031% 2031 5,560,000 4,230,000 275,000 109,294 3,955,000 GDTIFIMermotlal 03-1512 2.5444% 2031 4,380,000 3,335,000 220,000 82,212 3,115,000 GDTIF 5ih SY ResiroomMlFC 12-10.12 2.5337% 2032 1,988,538 1,612,204 97,568 39,556 1,514,636 GDTIFMCIC/ADAAssist.iEcon.DevGreMs 12-10.12 1.7008% 2032 1,035,000 540,000 130,000 10,028 410,000 GDTIF Washington Neighborhootl Business InceMie OF28-12 3.1972% 2032 755,000 615,000 35,000 19,405 580,000 GDTIFIMermotlaVMillwnrkParking/CHI 11-17-14 3.9900% 2034 5,670,000 5,670,000 50,000 206,889 5,620,000 GDTIF Trenstl ROMiDT Loan Pool/ADA Assist 11-17-14 3.3000% 2034 190,000 190,000 10,000 6,125 180,000 Librerylmprovemenis-SalesTax20% OF28-12 2.7903% 2022 65,500 45,000 4,500 1,350 40,500 Librerylmprovemenis 12-10-12 2.4872% 2027 173,992 122,314 12,286 2,966 110,028 ParklmprwemeMs-Gaming 12-10-12 2.4872% 2022 209,050 109,150 20,350 2,211 88,800 Park ImprwemeMs Sales Tar 20% 12-10-12 2.4872% 2022 171,808 85,355 20,554 1,996 64,801 ParklmprwemeMs-SalesTar20% OF28-12 2.7903% 2027 65,500 45,000 4,500 1,350 40,500 ParkWaterS/stemStutlyRefuntling 0417-17 3.0000% 2030 60,000 56,400 3,800 1,692 52,600 Park Ham House-Sales Tax 20% 0404-16 2.7896% 2035 200,668 183,416 9,080 4,798 174,336 Parking Refnancetl Portions 5ih/3rtl StAA Ramps 12-10-12 12193% 2021 5,541,573 1,353,000 715,000 21,758 638,000 Parking Port of Dubuque Parking Ramp 3/19/2018 3.0464% 2026 373,553 373,553 39,028 12,443.00 334,525.00 Parking Cenirel Ave Ramp Refuntling 0417-17 3.0000% 2030 6,380,000 5,965,000 455,000 178,950 5,510,000 Parking lowa SYreet Ramp Improvemenis 0&01-11 3.3045% 2031 60,720 - - - - Parking lowa SYreet Ramp Improvemenis 3/19/2018 2.9050% 2031 45,516 45,516 2,830 1,369.59 42,686.00 Parking Locust Ramp Security Cameres OF28-12 2.7903% 2033 175,000 140,000 10,000 4,313 130,000 Parking ImprwemeMs 11-17-14 3.3000% 2034 185,000 160,000 10,000 5,087 150,000 ParkingRamplmprwemeMs-Taxable 11-17-14 3.9900% 2034 305,000 270,000 15,000 9,605 255,000 PoliceSoiiwareReplacemeM-Gaming 12-10-12 2.4872% 2022 355,950 185,850 34,650 3,764 151,200 Police CAD Soiiware-Gaming 11-17-14 3.3000% 2030 260,000 215,000 15,000 6,600 200,000 Public Works EquipmeM Sales Tar 30% 11-17-14 3.3000% 2022 305,000 180,000 45,000 5,400 135,000 Public Works Equip Refuntling 0417-17 3.0000% 2030 392,000 368,100 25,100 11,043 343,000 PublicWorks/Trenstl RatlioReplacement-FV18 Fulure 3.3000% 2038 200,000 196,305 7,573 6,416 188,732 PW Curb RamryEngineering SYreet Improv 11-17-14 3.3000% 2034 1,250,000 1,085,000 55,000 34,825 1,030,000 RecreationlmprwemeMs-SalesTar20% OF28-12 2.7903% 2022 9,800 5,600 1,400 168 4,200 RecreationlmprwemeMs-SalesTar20% 12-10-12 2.4872% 2027 14,924 10,678 1,010 260 9,668 Date Average Vear M AmourR Principal Principal IrRerest Principal Description M Interest Final M Outstantling Due Due Outstantling Issue Rate Payment Issue 6/30H8 FV 2019 FV 2019 6/30H9 SanitarylmprwemeMSRefuntling 0417-17 3.0000% 2030 660,000 625,000 45,000 18,750 580,000 SanitarySewerlmprovemeMs 3/19/2018 2.9050% 2031 1,030,009 1,030,009 64,036 30,994.00 965,973.00 SanitaryForcemainRepair 12-10-12 2.4872% 2032 655,239 508,291 31,316 12,817 476,975 SanitarySewerlmprovemeMs OF28-12 2.7903% 2033 1,560,000 1,230,000 70,000 38,045 1,160,000 SanitarySewerlmprovemeMs 11-17-14 3.3000% 2034 5,670,000 5,400,000 275,000 173,325 5,125,000 SanitarySewerlmprovemeMs 0404-16 2.7896% 2035 2,405,000 2,205,000 110,000 57,606 2,095,000 Solitl Waste Collection Refuntling 0417-17 3.0000% 2030 51,300 48,200 3,300 1,446 44,900 Solitl Waste Collection 3/192018 2.9050% 2031 27,447 27,447 1,706 825.00 25,741.00 SYormwater Refuntling 0404-16 2.9127% 2028 6,270,000 4,840,000 585,000 145,200 4,255,000 SYormwaterSalesTaxRevenue -GO OS19-14 32309% 2029 7,190,000 7,190,000 323,100 7,190,000 SYormwaterlmprovemenisRefuntling 0417-17 3.0000% 2030 2,015,000 1,895,000 135,000 56,850 1,760,000 SYormwaterlmprovemenis 3/19/2018 2.9050% 2031 1,714,542 1,714,542 106,594 51,592.00 1,607,948.00 SYormwaterlmprovemenis Ob15-12 2.7031% 2031 1,935,000 1,415,000 95,000 36,532 1,320,000 SYormwater 7ih SYreet SYorm ImprwemeMs 12-10-12 2.4872% 2032 134,342 104,213 6,421 2,628 97,792 SYormwaterlmprovemenis OF28-12 2.7903% 2033 405,000 320,000 20,000 9,900 300,000 SYreetligM ReplacemeM Refuntling-ST 0417-17 3.0000% 2030 4,900 4,600 300 138 4,300 SYreet FEMA Lantl Buyout-Gaming OF28-12 2.7903% 2027 110,200 73,950 7,250 2,218 66,700 SYreet Fiber/SitlewallvLigMs Refuntling RUT 0417-17 3.0000% 2030 258,600 242,900 16,500 7,287 226,400 SYreetSoulhwestArterial 3/192018 2.9050% 2031 771,557 771,557 47,968 23,217.00 723,589.00 SYreet Soulhwest Arterial-Sales Tar 30% 12-10-12 2.4872% 2032 1,280,545 999,459 57,627 24,757 941,832 WaterSystemlmprwemeMs 3/19/2018 2.9050% 2031 1,155,930 1,155,930 71,865 34,782.00 1,084,065.00 WaterSystemlmprwemeMs 12-10-12 2.4872% 2032 644,151 499,693 30,787 12,600 468,906 WaterSystemlmprwemeMs OF28-12 2.7903% 2033 1,840,000 1,450,000 85,000 44,850 1,365,000 WaterSystemlmprwemeMs 11-17-14 3.3000% 2034 9,195,000 9,195,000 470,000 295,131 8,725,000 WaterSystemlmprwemeMs 0404-16 2.7896% 2035 635,000 585,000 30,000 15,288 555,000 TotalGenualOWigationBonds 186,440,001 96,481,311 7,732,572 2,987,835 88,748,739 Tax Increment Port of Dubuque Parking Ramp(GDTIF) 10.16-07 7.5000% 2037 23,025,000 20,045,000 510,000 1,503,375 19,535,000 TotalTazlncrement8onds 23,025,000 20,045,000 510,000 1,503,375 19,535,000 40 Main(GDTIF) 0&06-09 2020 690,529 255,881 79,826 15,582 176,055 TotalTazlncreneMNotes 1,684,807 255,881 79,826 15,582 176,055 TotalTa:lncrement 24,709,807 20,300,881 589,826 1,518,957 19,711,055 Economic DevelopmerR TIF Rebate Aqreements Metlline (DICIM 11-19-07 Rebate 2019 1,600,279 173,038 173,038 - - Vanguartl (DICW) OF02-OB Rebate 2022 279,093 130,737 32,684 - 98,053 GiesePropertiesll (DICIM 07-17-06 Rebate 2019 41,261 4,438 4,438 - - Dubuque Screw (DICIM OF19-06 Rebate 2019 345,516 38,414 38,414 - - FaleyProperties(DICIM 02-07-11 Rebate 2022 904,638 420,243 105,061 - 315,182 GreenlntlusirialSuppN(DICIM OB-1S11 Rebate 2023 2,908,812 1,040,102 208,020 - 832,082 TrFState Qualtly Metals(DICW)NonAppropriation 03-17-14 Rebate 2026 32,510 43,503 43,503 - 43,503 Roasting Solulions(DICIM NonAppropriation 01-1416 Rebate 2028 33,666 33,666 33,666 - 33,666 HormelFootls (DICW)(100%2021/40%2026) 04-21-OB Rebate 2026 8,250,067 3,456,565 691,313 - 2,765,252 Hartig(GDTIF)60% 09-21-06 Rebate 2019 100,119 8,657 8,657 - - C&BSecurity(GDTI� 07-20.07 Rebate 2019 356,976 31,660 31,660 - - SYarBrewery(GDTIF) 07-17-06 Rebate 2020 1,223,307 146,060 73,030 - 73,030 IMerstate Builtling(GDTIF) 11-03-OB Rebate 2020 117,481 14,615 14,615 - - Victory Cafe 756 Main SL(GDTIF) OF21-10 Rebate 2022 87,053 24,945 6,236 - 18,709 Bow7ing&Beyontl Lease Buyoul(GDTIF) 10.15-12 Lease Buyoul 2032 1,000,000 700,000 50,000 - 650,000 Flexsteel(GDTI� 04-1&11 Rebate 2024 2,020,572 1,205,456 200,909 - 1,004,547 The Rose(Lake Ritlge) 09-2F11 Rebate 2024 136,014 94,855 15,809 - 79,046 Linseetl Oil(GDTI�MUItFRes 03-07-13 Rebate 2025 576,504 87,854 15,703 - 72,151 RousselM(GDTI�(NonAppropriation) 01-22-13 Rebate 2025 4,931 7,197 7,197 - 7,197 JulienHotel(GDTIF) 04-21-OB Rebate 2026 3,260,286 1,714,444 214,306 - 1,500,138 44 Main(GDTIF)Mutli-Res 10-1&10 Rebate 2027 446,799 197,110 24,962 - 172,148 BarkerFinancial(GDTI�MUItFRes OB-1F10 Rebate 2027 297,282 97,890 14,869 - 83,021 EngineHouse#1(GDTIF) OF06-11 Rebate 2027 171,166 89,505 9,945 - 79,560 253 Main SY.(GDTI�(NonAppropriation) 0406-15 Rebate 2027 5,798 2,673 2,673 - 2,605 Spahn antl Rose (GDTIF)(Non-Appropriation) 0421-14 Rebate 2027 108,221 108,221 108,221 - 108,221 FrenklinlrrvesimeM-Mutlires(GDTIF) 0404-11 Rebate 2028 437,225 260,225 33,643 - 226,582 Nottingham Properties Mutlires(GDTIF) Ob15-11 Rebate 2028 82,219 7 7 - - Plastic CeMer Betty Jane Block(GDTIF) 02-07-11 Rebate 2028 148,957 21,977 4,593 - 17,384 Caretico(GDTIF)Mutli-Res 03-21-11 Rebate 2028 1,499,442 1,086,407 123,354 - 963,053 Bonson 356 Main SL(GDTIF)Mutli-Res 12-1411 Rebate 2028 152,286 64,881 8,226 - 56,655 Roshek Builtling(GDTIF)(Non-Appropriation) 02-17-09 Rebate 2030 5,149,852 273,683 273,683 - 273,683 Novetly Iron Works(GDTIF)(NonApprop)Mutli-Res OF17-13 Rebate 2031 33,105 129,410 129,410 - 125,686 Date Average Vear M AmourR Principal Principal IrRerest Principal Description M Interest Final M Outstantling Due Due Outstantling Issue Rate Payment Issue 6/30H8 FV 2019 FV 2019 6/30H9 ConlonJohnson (TECF� 10.18-10 Rebate 2019 953,129 124,721 124,721 - - SYreka Johnson (TECH) 01-01-07 Rebate 2019 189,613 18,702 18,702 - - Rockfarm Holtlings(TECF�NonAppropriation 10.07-14 Rebate 2027 42,301 38,955 38,955 38,955 TotaITlFRebates 41,529,546 11,890,816 2,884,223 - 9,640,109 GenualFuntletlLeases Various Various On-going 194,160 155,000 155,000 Other Loans-Revenue Backetl IowaFinanceAuthortlyLoan-Caretico 12-01-10 3.0000% 2030 4,500,000 3,739,197 135,000 3,739,197 Tota101herLns-RevBacketl 4,830,000 3,739,197 135,000 3,739,197 Total City Intlebtetlners Subject to Debt Lirtit 257,703,514 132,567,205 11,206,621 4,641,792 121,994,100 StatutoryDebtLirtit $ 209,048,707 $ 221,512,756 %of Debt Lirtit Usetl 63.41% 55.07% Remaining Debt Capacity $ 76,981,502 $ 99,518,656 ATTACHMENT D DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT (2018.3) Updated November 20, 2018 LEGAL DESCRIPTION: Subarea A of the District consists of the real property legally described as follows: § All of Dubuque Industrial Center Eighth Addition; and § All of Lot 1 Dubuque Industrial Center 13th Addition; and § Lot 2 Dubuque Industrial Center 13th Addition; and § Lot 1-2-2 Dubuque Industrial Center Fifth Addition; and § Lot 1 Dubuque Industrial Center Fifth Addition; and § Lot 1 Dubuque Industrial Center 11th Addition; and § Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and § Lot 1 of 2 of Dubuque Industrial Center Fifth Addition; and § Lot 1-3 Dubuque Industrial Center 12th Addition; and § Lot 1 of lot 3 of final plat of lot 1 of Dubuque Industrial Center First Addition; and § Lot 1 Dubuque Industrial Center 10th Addition; and § Lot 2-3 Dubuque Industrial Center 12th Addition; and § Lots 1 & 2 of final plat of lot 1 of Dubuque Industrial Center First Addition; and § Lot 1 Dubuque Industrial Center 12th Addition; and § Lot 2 Dubuque Industrial Center Ninth Addition; and § Lot 2 Dubuque Industrial Center 12th Addition; and § Lot 2-2 Dubuque Industrial Center Sixth Addition; and § Lot 3 Dubuque Industrial Center Ninth Addition; and § Lot 1 Dubuque Industrial Center Sixth Addition; and § Lot 2 of 2 Dubuque Industrial Center 7th Addition; and § Lot 2-1 Walter Addition; and § Lot 2-1 Walter Addition; and § And all adjoining public right-of-way, all in the City of Dubuque, Dubuque County, lowa. Subarea B of the District consists of the real property legally described as follows: § Lots 1, 3, 4, 1 of 5, 6 and H of Dubuque Industrial Center West as originally platted; and § Lots 1, 2, 3, 4, 5, 6, 7, 8, and C of Dubuque Industrial Center West 2nd Addition as originally platted; and § Lots 1, 2, 3, 4, B, and C of Dubuque Industrial Center West 4th Addition as originally platted; and § Lots 1 of 1, 1 of 2, 2 of 2, 1 of 3, 2 of 3, 1 of 5, A, C, and D of Dubuque Industrial Center West Sth Addition as originally platted; and § Lots 1, 2, and A of Dubuque Industrial Center West 6th Addition as originally platted; and § Lots 1, 1 of 2, and 2 of 2 of Dubuque Industrial Center West 7th Addition as originally platted; and § Lot 2 of 1 of the Southwest Quarter of the Southwest Quarter and Lot 2 of 1 of the Southeast Quarter of the Southwest Quarter all in Section 30, Township 89 North, Range 2 East, Sth Principal Meridian as originally platted; and § and all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of- way lying in the SE 1/4 of Section 30, the SE 1/4 of the SW 1/4 of Section 30, the NW 1/4 of Section 31, and the NE 1/4 of Section 31 all in T89N, R2E, of the Sth P.M. Dubuque County, lowa, the centerline of which is more particularly described as follows: beginning at a point of intersection with the easterly line of the SE 1/4 of Section 30, T89N, R2E, of the Sth P.M., thence southwesterly along the centerline of said railroad 2,700 feet, more or less a point of intersection with the westerly line of the SE 1/4 of said Section 30; thence southwesterly continuing along said centerline 845 feet, more or less, to a point where the railroad right-of-way widens to 200 feet, said point being the terminus of this description; and § all that part of a 100-foot-wide strip of the Chicago Central Pacific Railroad right-of-way lying in the Balance of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter in Section 29,Township 89 North, Range 2 East, Sth Principal Meridian; and § any adjoining public street right-of-way all in the City of Dubuque, Dubuque County, lowa. Subarea C of the District consists of the real property legally described as follows: § Lots 1 and 2 of Dubuque Industrial Center North Second Addition; and Lots 2, 3, C and A of Dubuque Industrial Center North First Addition, excepting that Part of said Lot A originally platted as Lot 2 of the SW '/<of the NW '/< of Sec. 30, T89N, R2E of the Sth PM; and any adjoining public street right-of-way, all in the City of Dubuque, Dubuque County, lowa. EXCEPT those lots and parcels now forming Subarea K. Subarea D of the District consists of the real property legally described as follows: § Lots 1, 2, and B and all of the right of way of Chavenelle Court in Dubuque Industrial Center West 8th Addition in the City of Dubuque, Dubuque County, lowa. Subarea E of the District consists of the real property legally described as follows: § All of Lot 1 of 1 and Lot 1 of 2 of the South Fork Subdivision No. 1 as originally platted, including any adjoining public street right-of-way to said lots, all in the City of Dubuque, Dubuque County, lowa, and; § All of Seippel Road right of way from the north boundary line of Lot 1 of 1 of South Fork Subdivision No. 1 in the City of Dubuque, to the south boundary lines of Lot H of Dubuque Industrial Center West and Lot 1 of Dubuque Industrial Center West 2nd Addition in the City of Dubuque, Dubuque County, lowa, including crossings at the intersections of Old Highway Road and Chicago Central & Pacific Railroad rights-of-way. Subarea F of the District consists of the real property legally described as follows: § Lot one (1) of Graf Farm Subdivision #2, Dubuque County, lowa, according to the recorded plat thereof; § Lot 1 of Lot 1 of Lot 1 of Lot 1 of West One-half of Northeast One-quarter, Section 25, Township 89 North , Range 1 East of the Sth Principal Meridian, in Center Township , Dubuque County , lowa; § Lot 2 in "W.A. Norman Place" in Section 25, Center Township, Dubuque County, lowa, according to the plat thereof; and § The NW 1/4 of the SE 1/4 of Section 25, Township 89 North, Range 1 East of the Sth P.M., in CenterTownship, Dubuque County, lowa. Subarea G of the District consists of the real property legally described as follows: § The South one-half of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the Sth Principal Meridian, in the City of Dubuque, lowa. § Lot 1 of Lot 1 of the Northwest Quarter of the Northwest Quarter of Section 29, Township 89 North, Range 2 East of the Sth Principal Meridian, in the City of Dubuque, lowa. § Lot 2 of McFadden Farm Place #2, in the City of Dubuque, lowa. § Lot 2 of McFadden Farm Place, in the City of Dubuque, lowa. § Lot A of Lot 1 of 1 of the Southwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the Sth Principal Meridian, in the City of Dubuque, lowa. § Lot A of Lot 1 of 1 of the Northwest Quarter of the Southwest Quarter of Section 29, Township 89 North, Range 2 East of the Sth Principal Meridian, in the City of Dubuque, lowa. § All in the City of Dubuque, Dubuque County, lowa. Subarea H of the District consists of the real property legally described as follows: § Lot 1 of the Northeast '/<of the Northeast'/<, and Lot 2 of Lot 1 of Lot 1 of Lot 2 of the Northeast '/< of the Northeast '/<, of Section 30, in Township 89 North, Range 2 East of the Sth Principal Meridian, in the City of Dubuque, lowa. Subarea I of the District consists of the real property legally described as follows: § Lot 2 Seippel Road Place #2, Dubuque County, lowa. § Lot 2-1-1 of the Southeast Quarter of the Southeast Quarter of Section 25, Township 89 North, Range 2 East of the Sth Principal Meridian, Dubuque County, lowa Subarea J of the District consists of the real property legally described as follows: § Lot 2 Julien Care Place, Dubuque County, lowa. § Lot 3 Julien Care Place, Dubuque County, lowa § Lot 2-1 Julien Care Place, Dubuque County, lowa Subarea K of the District consists of the real property legally described as follows: § Lot 1 of Dubuque Industrial Center North Third Addition, in the City of Dubuque, lowa. Subarea L of the District shall include the following described properties: § Lot 1 of Loretta Bahl's Homestead, in the City of Dubuque, lowa, comprised of Lot 1 of the West 30 Acres of the Southwest '/< of the Southeast'/<, Section 19, Township 89 North, Range 2 East of the Sth P.M. All in the City of Dubuque, lowa Subarea M of the District shall include the following described properties: § Lot 2 of the Subdivision of Lot 2 of the Northeast '/< of the Northeast '/< of Section 30, Township 89 North, Range 2 East of the Sth P.M. All in the City of Dubuque, lowa MINUTES � i CONSl1LTATION WITH AFFECTED TAXING BODIES for the following URBAN � RENEWAL PLAN: i I • Dubuque Industrial Center Economic Development District, Version � 2018.3 ; �' Tuesday, November 27, 2018 at 8:00 a.m. City Hall, Conference Room B, Second Floor ' 50 W. 13t" Street Dubuque, lowa 52001 Meeting commenced 8:00 a.m. Present: No representatives from the taxing bodies were in attendance. Meeting adjourned: 8:15 a.m. ���� . Jill M. Connors Economic Development Project Coordinator, City of Dubuque ; ; ; i I i I i � Kevin Firnstahl From:Trish Gleason Sent:Wednesday, December 19, 2018 4:15 PM To:Denise.Dolan@dubuquecounty.us Cc:Kevin Firnstahl Subject:Public Hearing #1 DICW Urban Renewal Plan Amendment 2018.3 - Resolution of Adoption Attachments:Public Hearing #1 DICW Urban Renewal Plan Amendment 2018.3 - Resolution of Adoption.pdf Denise, City Clerk Kevin Firnstahl is out of the office for a few days. He has asked me to email you copies of th urban renewal documents passed at Monday, December 17 City Council meeting. The documents are too large to email together so I will send them individually. There are 6 documents in total. 2 for Dubuque Industrial Center West Area 2 for Peru Road Area 2 for Swiss Valley Area Please let me know if you have any questions or concerns regarding the documents I am sending. I will bring the hard copies of the documents to you tomorrow. 1 of 6 attached Kind regards, Trish L. Gleason, CMC, IaMFO, IaCMC Assistant City Clerk th 50 West 13 Street Dubuque, IA. 52001 563-589-4120 tgleason@cityofdubuque.org 1 STATE` OF IOWA {SS: DUBUQUE COUNTY CERTIFICATION OF PUBLICATION I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: December 21, 2018, and for which the charge is $255.36 Pu(Lk blic to before me, y in and for Dubuque County, Iowa, a otar this day of,,,,,,ea/ , 20/8' . blic in and for Dubuque Cour , Iowa. MARY K WE TERMEYER CornmissIon Number 154885 My Commission Exp, Feb, 1, 2020 OFFICIAL PUBLICATION ORDINANCE NO ;45 18 AMENDING ORDI NANCE NO'= 1848, PREVIOUSLY AMEND- ED,PROVIDING,THAT GENERALI.PROPERTY TAXES LEVIED y,_AND COLLECTED;;, EACH YEAR ON ALL PROP- ERTY LOCATED WITHIN THE AMEND- ANDRESTATED DUBUQUE INDUSTRI AL CENTERrECONOM- IC DEVELOPMENT DISTRICT ,URBAN RE- NEWAL AREA` OF THE CITY OF`. DUBUQUE; COUNTY OF' DUBU- QUE,'STATE'OF OWA, BY AND FOR • THE BENEFIT- .''OF4 %THE STATE OF IOWA, CITY OF DUBUQUE,, COON- TY''`OF DUBUQUE,) DUBUQUE COMMUNI TY SCHOOL DIS- TRICT, AND OTHER TAXINGDISTRICTS, BE PAID TO. A SPE- CIAL FUND FOR MENT OF;'PRINCIPAL: AND'' INTEREST "ON LOANS, MONIES. AD- VANCED TO AND IN- DEBTEDNESS,; IN- OLUDING BONDS. SUED OR TO BE IS- SUED,, INCURRED BY SAIp .CITY IN `CON- NEcTiorr WITif';THE AMENDED STATED DUBUQUEIN= DUSTRIAL CENTER ECONOMIC DEVELOP- MENT"DISTRICT" UR- BAN' RENEWPMAL RPEDE- RO VELTi - JECTO WHEREAS,ENthe Amended and Restated Urban;Renewal ,Plan ;for • the, Dubuque. Industrial Ceter EconomicDe- velopment District;(the District'); described in Resolution No 130-88 was adopted on May 2, 1988 and was,..there- after amended -arid re- stated `by •Resolution No. 484-90 on'+Decem ber 17,',15§0, Resolution No, •142-97 on .April 7, 1997, Resolution No. 478-97 on LtNoVernber 17, 1997,1 esolutioh No. 15-08 orr January 7, 2008, Resolution No. 101-.08 on , March 17, 2008, Resolution No. .109-08 orr April 7, 2008, Resolution No'87;11 on March - 7,s 2011;: Resolu- tion No:!d71;13.on June 3, 2013;,Resolution . No. 197-15con:June 1,-2015, Resolution No. 309-15 on Septerpber 8;;,2015, Resolution Np..132-,16 on•September 19, 2010, Resolution • No..: 157-18. and.Resolution No.158- 18 on •May,21,.,2018, and Resolution 379,-18 on Depejnber.17, 2018 (as'; amended and=, re- stated, the Urban: Re- newal. ,,;.. Plan or Amended and ,Restat- ed ..,, Wrbarv. Renewal PIan11);:and WHEREAS .,the City Council of the City of Dubuque;,Iowa origi- nally pr=ovided kfor the divisioni-i'of take's pur- suant to Section;403.19 of.•the..Code ofr Iowa within the District =in OrdinanceNd.` 26=88 passed 'iandl approved on May: 2;'":1988 and thereafter amended and restated4',I tOrdi- nance No. 63-88 ori De cember,•5 1988, by Ordinance' No: 66-97 on Noveginer 17; 1997,by Ordna oe No'70-08'on October' 20 f 2008; by Ordinance No 10-14'on February,_ 3 2014, by Ordinance No.;39-15 on June 1,'2015-,',' by Ordi nance 'No. ' 55=15 'on September 3;_ 2015, by' Ordinance No 49-16 bn Septerntier' 19, '2016, and by Ordinance 18,-18 on May 21 2018 and WHEREAS, indented ness hasrbeen incurred by t8 ('ity and -addi- tional indebtedness -is anticipated r.?to, be ifl- curred inthefutures to finance urban renewal OPOjeeti a ctiVities';with- in the District and`the continuing need§ of re- / develepMerit Within the District are such as to require the contin- ued applicatio'ri of the incremental..tax re- sources of the Disfrict; and ..WHEREAS, the follow- inn enactment is nec- essary,,to accomplish the •objectives de- scribed in::the, prernis- esr NOW,: THEREFORE, BE 1TeORDAINED 13Y :THE CITY .000NCIL OF THE CITY OF DUBUQUE, IOWA, THAT: Ordinance:Number 18- 18 is herebYiamended to read as follows: Sectro-n'1iiFor pur- poses of this Ordi- nance, the; following terms shallhave the following meanings:' (a) Original Project Area means that' por- tion of the City "of Dubuque Iowa ,"de scribed in 'the Urban Renewal' Plan`for the District approved by Resolution No 130,88 on May 2 -' 1988 "and subsequently amended by-Resoliation Nd? 484 90' on ,' Decembers '17, 1990,''whieh :OYiginal Project. Area mclifdes the lots aridtparcels-lo- cated within the c area now legally'' described as fol lows. All of Dubuque Indus= trial,,CentertEightti-Ad- clitionv and All of Lott Dubuque Industrial, Center,,l3th Addition and Lot2!Dubuque Indus- trial, Center! l3th.'Addi- tion and ?i; Lot.1-2-2 Dubuque In- dustrial Center +,Fifth Addition'; and Lot'1 Dubuque Indus- trial Center; Fifth Addi- tion; and • ,i; };;; Lot 1 Dubuque Indus- trial Center ,11th Addi- tion and ,•.. Lot 1 of. 2of,Dubuque I ndustrial_ Cepter,fifth Addition; and -Lot 1. of 2 of, Dubuque Ingustrial, Center Fifth Addition; and Lot 1-3 ;Dubuque In- dustrial .Center 12th Addition; and 'Lot 1 of ;lot 3 of final plat of lot -1 'of Dubuque 'Iddust1211110epter First Addition and Lot 1 Dubuque Indrls- tr'ial Center 10th Addi- tion and Lot' 2 3 Dubuque In - dustrial Center; .,12th Addition and Lots 1 & 2 of final:plat Of lot 1 of Dubuque;ln- dustrial Center,. First Addition and LOU. Dubuque,lndus- trial :Center 12th Addi tion and Lot42 Dubusue,Indus- trial Center Ninth Addi- tion; and Lot 2. Dypuque Indus- trial; Center 12th Addi- tion, and Lot 2,2 Dupugue.an- dustrial Center Sixth Addition; and Lot ;3; Dubuque` Indus- trial Center Ninth" Addi- tionand s Lot 1 Dubuque Indus- trial Center ixth`Addi- tion antl "_• Lot 2',of 2;D'ubuque in- dustrial ,Center;7th Ad- dition;.and I Lpt.2 1 Walter Addi- tion; Lot;2 1 Walter Addi- tion and All ::;adjoining public right of way all; in the City of Dubuque, Dubuque County„Iowa. The :Original Project Area' is referred to as Subarea A rn the, yr - ban Renewal PI Oil here,- inafterrdescribed, (1» Subarea B` means that'port;on ":,the City Du of buque Iowa' de- scribed -as Subarea B in the ,Amended. :and Re- stated:; Urban Renewal Plan,"for the District ap proV,ed by „Resolution No ;478 97 o`n, NoVem- ber 17, 1997, and sub- sequently amended by Resolution No 15-08'en January 7 2008, Which Subarea B ibcludes the lots atfd parcels locat- ed„ vyithin ,the a`nea legally;= desribed" as follows Lotsl 3, 4, 1,of 5, "6 and Hiof,,Dubuque;In- dustriallCenter;West as originally platted; andel Lots1 2 3, 4, 5; anthCVof ,Dubuque In dustriali: Center West 2nd''Addition as°origi- nally:platted and'' Lots4, 2, 3, 4;13;' and C of :-Dubuque ;ilridustriai Center West 4th Addi- tion"as; originally;'plat ted; and , Lots,1 of 1 1 of,2, 2.,of A, C,,.ancl-.D.of Dubuque Industrial Center West 5th, Addition as• origi Wally platted;and • Lots 2, and' A of Dubuque • Industrial Center West 6th •Adtli- tionas originally plat- ted; and Lots1, 1 of -2, and 2 of 2 'Of -Dubuque Industrial Center) West' 7th Addi- tion as originally plat- ted; `and Lot .2'; of 1 of the Southwest: Quarter of the Southwest. Quarter and Lot:2;of 1 -Of the Southeast Quarter of the Southwest Quarter all in Section 30;ToWn- ship 89'North Range 2 East, '5th NPrincip al Meridian'' as'originally • platted; and 4 All that part of a 100- footwide ,strip. of. the Chicago Central pacific Railroad right of -way lying in the 'SE'T/4' of Section 30 the,SE;1/,4 Of the sVy 1/4`Of_See- tion 30, the Nw 1/4 of Section 31, and the NE 1/4•of, Section .31:aii in T89N0,R2E; of the'5th PM.•Dubuque County, Iowa, the,eenterline,of which is._more particu- llarly described, as fol- lows: beginningat a point of intersection' with the easterly Iine'of the SE 1/4 of Section 30 T89N R2E; of'the 5th 'PAC thencelsouth- westeriy'along the!cen- terline of 'Said& railroad ,2 700 feet; more or less a pont off intersection with(,the,,westerly 'lige of the sE, l%4 ofsaid Section -30 thepce southwesterly continu- ing along said center- line 845.,feet;: more or less; •to a pointwhere the +railroad" :right-of- way.Widens to 200rfeet, said point being!.Ithe terminus) Cof this de- scription; and all that part of a 100 - foot Wjde `strip of the Chicago+Cerffral Pacific Railroad;;right of way lying in'the Balance of. Lot 1 of 1 -of the South- west Quarter of Southwest;Quarter"' in Section 29 Townsl%ip 89 North,'Range, 2,East, 5th Principal Meridian; a arty adjoining public street right -of -Way.'. alI in the'City of Dubuque, Dubuque County,lowa. (c)Subarea C,means that',portion of the,City of• Dubuque,, lowa,ide- scribed,as Subarea;C.in the Amended and. Re- stated; Urban -,Renewal• Plan for:the District ap- proved -by Resolution N0:'''tAarch 17 2008.which' Sub are). ollides the'lots and par`celsf Iocat'etl within'the `area legally described as follows:: ' L`ots 1' and 2'''of pubuque`" Industrial Center' North Second Addition; and Lots'2,3;CandAof Dubuque ' . 'Industrial Plan for the Districtap each year by or tor proved by ;Resolution each of the -taxing dis • Center North First Ad No -332 16 or: Septem tracts taxing property ditiofi, except ng that ber i9 2d16, which,; in the Qriginal Project, Part of said Lot A origi Subarea H includes the Area upon the.` total nal)y platted `as Lot 2 of ,lots and parcels locat-; sum of the assessed • the SW 1/ of the NW yeed :, within the area : value ' of the takable of Sec 30T89N R2E of. , legally descnped, as; property rn the Otiginal the 5tli`PM and follows , 4: ;. Project'Area ,as "shown ens adjoining public VA -,,of the tNorth ast 1//, as ofeJanuary 1en19refl. ' •street right of way,; aili in the City of Dubuque and:.Lot 2 of Lot 1 of Lot . being' -the first day of 'Dubuque;County; Iowa 1of Lot 2 of the North '4 the calendar year pre EXCEPT those ;lots east /q of the Northeast `ceding the :effective i of • Section 30, in date of: Ordinance No. Township . 89 North . 26 88, shall be,aliocat Range 2 East of the 5th ed to"an`d when collect Principal Meridian ; in ed 'be; - paid ;into the ie`City of Dubuque fundx,forthe respective' •taxing;district;as"taxes• areal rneans'3,py or"for said taxing aeportionFoftheCity; district into which all f Dubuque,„ Iowa "and'-' other''Iproperty ;takes Dubuque'. County de- . are "paid. The taxes so scribed as Subar`ea'1 in,. determined shall be re - the r•Amended:'and Re ferred :i herein as' the - u stated Urban:=Renewal base, period taxes Plan;for the District ap for such,Subarea : ' locatgd Y „trine roved by Resolution iAs to Subarea B abase the area :' le all scribed as followsNo 332 16 on:Septem " i period .taxes shall be =Lots 1 2,,andsB, andfall SUbaC a 1 incfudeshthe2 mannereusingtthe#total of the right rifi of G�iaLenelleh � rtY- m lots -and paFcels locat assessed value shown gL e. . 2 jtrdustnal ed +within the area ,on the assessment roll centerLWest,B�'ti 'Adds legally descried as = as of January 1,,1996 tion m the Clty of follows being the assessment Dubuque„% DGbuque Lot52 Seippel Road roll applicable to.prop ' County,, Iowa , s :o Place #2 Dyb-ii que city innsilch Subarea as (e) Subarea E means Oounfy'Iowa t of January 1 of the cal that portion of the City Lot 2 1 1 of th_ a South endar • year preceding of Dubuque Iowa :de east. Quarte? of the ; the effective date of scribed asSubarea E,rn Southeast Qtlal ter of Ordinance No 66 97 the Amended and rRe Section 26, Township As to Subarea C (e( stated° Urban Renewal 89 Northk Range 2 East cept the lots,, and .Plan for the District ap of °the 5th ::Principal ' parcels now forming proved bj7 Resolution Meridin, , Dubuque Subarea': K), base;peri- County$ Iowa ori takes shall,be;'com No 8711 on March;7 (j);Subarea;J means ` puted in the same 2011, Which Subarea E that portion of,the City manner using the<total lnclutles theiots,andh. of Dubuque, Iowa, antl 'assessed value shown .iarcels'locate+d Within Dubuque County de , on the'assess ent:roll the' area `' legally de ;scribed as Subarea J rn as of<January 1; 2007; scribed as follows ° the Amended and Re, >:l being the assessment of Lot 1 of 1 and t, stated Urpati Renewal rolj applicable to prop pot 1 of, 2 of the South Plan(or the Drstrwt ap= erty in such subarea as Fork Subdivision '10 1 , as j-onginaljy platted ,tlo 332 i6 on Septem 4�,epdaruyear preceding including any adjoining ber 19 20,16r which "the, effective•" date of public street right,0f Subarea J includes the Ordinance No. 70 08 the to said Its aIlue Iots„and parcels Iocat and'base values sJ ail q- ed within the area be reduced due to the Dubuque County IoWal ``legally „descr'ib'ed, as removal<of area..' from and follows Subarea'C • i' All of Seippel Road ' Lot 2 Julien Care e As to Subarea D, baII se }fight -of way from'fhe .place Dubuque' Colin= t period- taxes shall ; be ' north boundary line! of ty,. Iowa computed in the same • Lot 1 of 1 of South �,ork Cot 3 JuIJ r ,Care. irianner'usiri the=total subdivisiot No 1 igthe Place Dubuque ,Coup assessed ,value shown City ofj)64ubijque, to_the r ty; Iowa *- ; -- on "the" assessment roll south boundary lines of Lot 2-1 Julien Care as of January 1 ;2007,' dot H.l f Du eruct !n- Place Dubuque Couri being .the assessmept ty, Iowa r, roll applicable -to prop and Lot 1``of Dubuque " (k) subarea;K means _ erty in such subarea "at 'lhdustrial Cente West thatiportion oftt ie City - of -January 1 of the cal - 2nd Addition in te City of _Dubuque, Iowa re ,•endar, year preceding of Dubuque Dubuque moved from Subarea C' the.. effective date •of. "County, Iowajrncluding ofthe District by Ver ` Ordinance. No. 70-08 .` crossings"at the inter sion!'20181'_ of the '. As to Subarea E, base sections of Old. High Arriehded and Restated period taxes "shall be way Road and Chicago plan:;fo1-the District a coin .uteri t and parcels included in Subarea K. (d)Sutiarea D means that ortron of the Qrty of D% Goue,` lowa"de 'scribed asSUbarea_D in the ended olid Re • stated urban Renewal Plan for tile Distrrct'ap, Proved ' by Resolution - • No 109 08 on April'' 7 20084WhichtSObafea ific10desnthe lot ar Central &:;Pacific' Rail proved by Resolution Ytrmanner:usingEthe total road rights'' -of way. No.157 18, and added, "assessed value shown :;(f)"Subarea F means to tie jDrstrret by i/er- on the; assessment roll that portion of theiCIty : sion`` 20182 ;:of ,"the' as of January. 1,:2013', Of Dubuque Iowa, and Amended,and:Rettated being the"assessment Dubuque County de planfor the District ap roll applicable to prop= scribed as;Subarea F ih proved by Resolution erty in such subarea as the Amended and to r� No :'158 18 as,_Suea bar ? of Janljary 1 of the cal - stated Urban Renewal K all on May 21 2018, endar year preceding Plan for the District ap which Subarea Kin the effective • date of proved by' Resolution ■ .. eludes the lots and Ordinance No"10-14 eNo 1,97715 on June 1 parcels located within As to Subarea,F,',base 2015 which Subarea F the`area "legally de''".period"taxes'shall. be includes the lots and scribed as foliows; computed in the,same parcels located within Lot 1 of Dubuque In manner using the total the Ya ea{F gaily de ,u t"' a Denten NortO.;assessedy lueoshown serf. e a _ 4 t ows 4J 12. eto �n;.=.in,,etf ' es�nt19 this Ordinance No. 45- 18. As to Subarea M,.base period taxes: shall'.be computed fn the same manner.using the total assessed'valhe shown ort the assessment roll as'• of January 1, 2017, tieing the,;assessment roll applicable to prop- erty in such subarea as' of Ja•nuary 1 of the cal • ehdar year preceding the effective" date Of this Ordinance No. 45- 1 • Section 4:.That poi- tion'of the taxes each` year In excess of, the base period taxes for: tije Amended Project•; Area, determined -for each sub -area thereof as provided in Section 3' of this Ordinance, shall be :allocatedto;. and when collected be: paid into the special tax increment funds previously •established' by. the City of Dubuque„ to pay the'`principl. rot and interest on loans, • monies advanced to; or indebtedness whether fu,nded refunded, as slimed orotherwise, in= Chiding bonds issued. under authority of See tion 40&9"or Section 403.12 of the Code of Iowa, incurred by the: City of Dubuque Mowat to finance or refinance;;. .in whole orin part'0r-' pan renewal projects. - undertaken =within ;the_; Amended Project':Area' pursuant1to the Urban Renewal Plan except` that taxes for the"Fegu lar and voter approved' physical plant and equipment . levy :of a school district imposed` pursuant r to Section` '298,2 of the Code of .arid,tages for the, instructional sup`polt program .'of; a school tlistrict imposetl pun sstfantutoSeotior x57,19 (bbt in each case„only'I to” the vextetif required under " section 403.19 (2))„taxes for"the pay- rnent of ponds and in- terest of !each taxing 'district and.. taxes im' `posed under Sections" 346,77 (22);"related to' joint county -city build- Trigs, shall be collected, against . all taxable property within the Amended !Project, Area without 'any limitation as hereinabove provid= ed. Section„ 5: Unless or until the total assessed valuation' of the :tax-� able property in the subareas of . ; the Amended Project Area exceeds ' the totaV as- sessed value of the tax- able property in said I subareas shown by the assessment rolls -re- ferred to in Section 3 of this .,Ordinance, all of the taxes 1levied• and collected upon the tax able property in 11 U• Ahieided�ProieetvAte a the era egally„`clee- nter; Nort Ie , " c oee o6f oto o�' e , Farm �d veseore" #2 QIP .ruqug Igwa Dubuque County, Iowa (1) Subarea tl)e c ty that portion of the City according to the of ,Du6r.giie,.Iowa de srecorded plat thereof; -.,",;_scribed as Subarea L en s ; Lot 1 of Lot 1 of Lot 1 the, Ajnended';antl, Re " of Lot 1 of West One - stated Urban: Renewal a half of Northeast -One- Plan for the District ap p quarter $ectton 25, 'proved by Resolution Township -89 North 379 18 oh ' December c Range 1 East of the 5th 17 20t$ which Sub - n Principal"MerediarPn area LbinclZdes thelots • Center Township ani� d parcels ` located Dubuquf County,;160 ; -° Within the -area legally . ; Lot 2 in "1)./:A I orman::' described as follows., Place in Section 25 Lot 1 -of Loretta Bahl s m CenterToship Homestead inane Cety . Dubuque Couwnnty Iowa of Dubuque, Iowa, coin "according to the plat's prised of Lot 1<of the thereof;and Woe$tt0est4cr/4esoffthe The NW1/4 of fhe 1/4 of ' Section 25, Southeast i/a, -section Township 89 North 19 Township_89 North, Range,; l=ast of the 5th Range'2 East.of. the 5th P M m Center Town P.M., aliRin the`'city'o s a Dubuque County Dubuque Dubuqu ; ! - d COUnfy Iowa , . I (g) Subarea G means (m1 Subarea M : that portion of the City means that. poition of .,of: Dubuque, Iowa, and the City • of Dubuque, . Dubuque County de -.Iowa described as Sub scribed as Subarea G in area M m the A*rnended the Amended and, Re and Restated Urban Re' stated Urban Renewal newal?'plan for the Dis" Id Plan for the District ap', trict approved b proved by'ResolutionResolution 379`_18 0 a No. 309 16 on Septem- : December 17 r 2010 R bei134.0i8,;!0,104?Sub'-• which? SubarealM eft" ▪ area G includes the lots eludes the lots and and ,parcels located parcel's located -within Wititerl the area legally the area 'legally cie described as follows scribed as follow,'- a,, The South one half of Lot=2{of the Su the Northwest Quarter -comic o• f,! Section '29, Town= Northeast ya o cpe; G ship 89 North, Range 2 Northeast1/a of Section East of the .5th Prince= 30 Township 89;,North, pal Meridian inz, theRange 2 East of the 5th City of Dubuque Iowa p M all en the City of • ''Lot 1 of Lot 1 of the Dubuque Dubuque NoftllwestiyQuarter hof County Iowa the No`rthwe'st Quarter fn) Amended of,,,Section 29 Toyvrl: Project Area --means. ship 89 North Range 2 that po7ion of`the City East of the,bth'Prmcl • pal, Meridian, m 1 • City of Dubuque{ to `:, • Lot 2 of `McFadd c Farm Place #2 in 't • City of Dubucjue love " :Lot 2 of :McFadden Farm Place in the Cit! • of:Dubuqu'e 0: a L',ot A of Lgt i of;l of the Southwest Quarter ofrthe Southwest Quar; ter of Section 29, Township s9 Nort Range East;of the 5 2 E Principal Meridian In . the City of Dubuque, Iowa ° Lot,A of Lot 1 of 1 o. the' Northwes-t Quarter, • of the€Southwest Quar- ter. of Section 29 tOWrighiPI 89 .North',`• ab a property irk the dff�l"I'nry , 2'U14 sj1 be paidfi .eeng' theassessment fds for therespec 'roll applicable to prop;lihnve taxing districts a'S erty"in such subarea as taxes by or for the tax- of January 1 of the_ cal ing districts im .r. the 'endar'.year preceding same manner taxes: 1. -the-----effective date of other property taxes. Ordinance No 39-15. i j Section 6: At such ' As'to`Subarea'G,:base time ,as,.the loans, i;perjokdtt0xes sjhall be rnomes advanced, compute 'ih'tlie sarrlg bonds and, interest' rnanner.usmg°the total thereon and,iindebted -assessed, value shown Hess of-the'Cit, 'of ,on ,the assessment roll Dubuque referred to inr as "of')antiary i,.2014;,!Section 4 hereof have being the essessment been paid, all monies roll applieabi t iIi,Pf p- thereafter., -,:.'-,received ertyy in such subarea as from-taxes,`upon • the .of Januaf' 1 of tiie`: cal; taxable property ih the „endar, ryearl: preceding ?mended Protect, Area, the.., effective -date of shall be paid into ,the Ordinance No. 55-15, funds for the respec As to SubHarea base 11 -•taxing" districts in, P9119,. d taxes'cshallk,be the same manner as. computed` n the same taxes op,all, other prop .manner, using Abe total ertyl' section 7 All ordl �assessed'valUe shown , on the assessment roll nances or parts of orde' as of�`J,anuarya1, 2015, nances in conflict with' being the ''assessment the provisions of 'this' roll applicable to -;prop Ordinance are hereby;. ;erty m such,subarea as repealed The prove : of'January,1 of the cal -eons of this Ordinance endaF yeat preceding are Intended and shall; the effective date . of be ;eopstrued so as to OrcilanceNo 49 16•: continue the division of s`to Subarea' I ease taxes from taxable, eriod "taxes'rshall`r be popeen the Amed; S. computed: m the same ::‘PP:7t:,rean:r1;cue manner uiipg the otal ;pisof Sc -3assessed,vakfe shown ne410the Cdeeassessmeht rol Ip-'a1ethorieda of�Jait�iary 1, =416; ng the; assessment 1 applicable toprop Hance shall tie deter to rty ip suchsubarea as ofJanuary,;, of tal mined to be contrary to endarr year °hep cpreceding law it shall not' affect the , effective date;; of other provisions or ap ; Ordmance,No 49 16: plication of tires Ordi <•`As to subarea 1 lease Hance•which shall at alf period taxes shall';be times be construed to de— mputed-en the,sarne fully tnvoJte the prove-.; manner using the total -ions of Section 403.19 assessed ,value shown of --:the Code;.of Iowa on the as essrrtentroll with .reference' to ,the~ as of January's, 2015; Amended Project Area; e ng its assessment {aid d ehese ureas eon- r"oll}applicabie to prop . Sectroerei T:1.., -,s Ordi erty in such subarea'as ot`Janij ry'1 of the'cai Hance shall be n effect; endaf year preceding afterpits final passage, the effective date' 01'approval and publics-' ordinance.,No 49'i6 tion as provided by As to Subarea K'base taw., taxes period shall be POssedlapproved and,; comput6,d ire the same adopted1fhis 17th day1 manner using the total of Deoenlbei 2018 assessed value shown /s/Roy D Buol, Mayor I on the assessment ;roti Attest /s/Kevin S •as of January 1 2017, Firnstahl CltyClerk I being the:: assessment Read first time: Decem 7011 applicable to prop- bei 14 2018; -i ` erky en suctj subarea,as Read second: time De ; of January_1 of thecal- 4ember 14, 2018 ' endar y 'lf .:. preceding. Read , third`. time: De- ' .the„efteetiye date.:'01 cember14;2018 Ordinance No.18-18. PASSED AND AP= ' As to Subarea L, base PROVED: December 14, ` period taxes shallr:be 2018 computedyIn the igarrie PUBLISHED: December manner 0-Sinithe,t0tat 21 2 •21 12/21 . assessed =value shown on the assessment.. roll __.-_ g ase s of January 1, 2017, being the' assessment roll applicable to prop- erty in such subarea as of January 1 of the cal- endar year preceding the effective date of Rubuctue ,00.0 ani ubuque f Coufity in udec1 *ith n tiegi Ori - nal Projects Area, ubarea B Subarea C subarea D Subarea E Subarea F, Subarea C SUoi-,94 Subarea, Ste {area J Subarea Subaroa L and S area s M, each ,,as 14,e scribed en this Section Section2 The taxes eveea'-on the taxable ropertyin the Amend Project Area, an.' subarea thereof legally? ,described in Section 1 hereof b . and for the benefit` of the State of Iowa City,. of4 Du0uque County of Dubuque ' Dubuque k Range2 East of the 5th• - Comhmnity School Des :Principal Meridian, in trict, and all other tax the City of Dubuque, ing? districts -from and H owa. after the effective date . i All in the Cety of of this Ord�nanceahall a Dubuque, Dubuque be,i divide Vas - here- . County, Iowa. inafter jn=this Ordi- - (h) Subarea H means nance provided, that portion of the City. ;.,Section 3: As to the • of Dubuque, Iowa, and Original Project Area, - Dubuque County de- that portion of the tax- : scribed as Subarea H in es which would be pro- the Amended and Re- duced by the rate at stated Urban Renewal which the tax is levied