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Radford Road Amended Urban Revitalization Area Plan_Hearing_Resolution Not AdoptedCity of Dubuque City Council Meeting Public Hearings # 4. Copyrighted April 18, 2022 ITEM TITLE: Hold Public Hearing for Radford Road Amended Urban Revitalization Area Plan SUMMARY: Proof of publication on notice of public hearing to consider City Council approval of the Amended Radford Road Urban Revitalization Area to support efforts to promote quality, affordable housing, with attention to the needs of families, and City Manager recommending approval. RESOLUTION Approving the Adoption of an Amended Urban Revitalization Plan for the Radford Road Urban Revitalization Area SUGGESTED Suggested Disposition: Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type Amendment to the Radford Road Urban Revitalization City Manager Memo Area Plan-MVM Memo Staff Memo Resolution Adopting Amended Plan Landover Petition/Application Urban Revit Plan Maps Additional Area Information Staff Memo Resolutions Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation THE CITY OF Dubuque DUB TEE1. All -America City Masterpiece on the Mississippi � pp zoo�•*o 13 zoi720zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Hold Public Hearing for Radford Road Amended Urban Revitalization Area Plan DATE: April 14, 2022 An application for City Support through expansion of the Radford Road Urban Revitalization District has been received from Developer Landover. The proposal is for a 50-unit multifamily housing complex. The development will be on the east side of Radford Road, across from Roosevelt Middle School. The Urban Revitalization tax exemption will show local support for the project, which will strengthen Landover Corporation's Low Income Housing Tax Credit application to the Iowa Finance Authority. Housing & Community Development Director Alexis Steger is recommending City Council approve the Amend Radford Road Urban Revitalization Area to support these efforts to promote quality, affordable housing, with attention to the needs of families. The Amended Radford Road Urban Revitalization Plan provides affordable family housing outside the area of concentrated poverty and is in a location with proximity to key community services and living wage job opportunities. I concur with the recommendation and respectfully request Mayor and City Council approval. v Mic ael C. Van Milligen MCVM:sv Attachment CC' Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Alexis Steger, Housing & Community Development Director THE CJE F Dubuque A�AmericaCiDIU6--B 11111. F Masterpiece on the Mississippi ZU07.2012 • 2013 TO: Michael C. Van Milligen, City Manager FROM: Alexis M. Steger, Housing and Community Development Director DATE: April 131", 2022 RE: Hold Public Hearing for Radford Road Amended Urban Revitalization Area Plan Introduction This memorandum presents information necessary for the April 18, 2022 public hearing regarding the proposed Radford Road Urban Revitalization Area designation. Background A Petition for Radford Road Amended Urban Revitalization Area Designation was received by the City on March 31, 2022 to support a new development of low-income housing being proposed by Horizon Development Inc. The developer was not able to make the site work for low income housing at this time and withdrew his petition/application. A second developer, Landover, has submitted an application for City Support through expansion of the Radford Road Urban Revitalization District. The attached proposal is for a 50-unit multifamily housing complex. The development will be on the east side of Radford Road, across from Roosevelt Middle School. The Urban Revitalization tax exemption will show local support for the project, which will strengthen Landover Corporation's Low Income Housing Tax Credit application to the Iowa Finance Authority. Urban Revitalization Chapter 404 of the Iowa Code (Urban Revitalization Act) authorizes cities to designate areas as urban revitalization areas. Improvements to qualified real estate within these designated areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment by reducing tax increases that usually accompany property improvements. This additional private investment provides a long- term increase or stabilization in the area's tax base, enhances the visibility of revitalization areas and/or supports important city objectives such as historic preservation, economic development and affordable housing development. In order to implement the provisions of Chapter 404, the City must determine the area is eligible for exemption, prepare a revitalization plan for each designated area, and hold at least one public hearing after proper notice. The law mandates specific criteria and procedures must be followed. Discussion Chapter 404 provides for a public comment period prior to amending an urban revitalization plan. Based upon these requirements, the Council would hold a public hearing on April 18, 2022 that provided a comment period on the proposed plan. Consistency with City Council Goals & Priorities The City of Dubuque reviews applications for city support to ensure the request is consistent with the City Council Goals & Priorities. The Amended Radford Road Urban Revitalization Area Designation furthers City Council goals of having "Livable Neighborhoods and Housing: Great Place to Live" and "Partnership for a Better Dubuque: Building our Community that is Viable, Livable, and Equitable". This project also furthers the "Management in Progress" efforts to support Low Income Housing Tax Credits Program/Projects. Consistency with the Consolidation Plan The U.S. Department of Housing and Urban Development (HUD) requires communities who receive Community Development Block Grant (CDBG) funds to complete a five- year Consolidated Plan that identifies general areas of need in the community and how to address them, particularly in the areas of housing, economic opportunity, and community development. The City of Dubuque reviews applications for city support to ensure the request is consistent with the needs identified in the current Consolidated Plan. The Amended Radford Road Urban Revitalization Area meets the objectives identified in the Consolidated Plan Needs Assessment to "Provide opportunities to maintain, improve, obtain and develop affordable housing", and "Provide for implementation of fair housing opportunities". Source of Income Committee In December 2014, the City Council approved formation of a Source of Income Committee to conduct a two-year study examining the HCV program and its relationship to fair housing, with a goal of identifying ways to enhance fair housing in Dubuque (see Attachment C). In February 2017, the Source of Income Committee ultimately recommended a collective impact approach to adopt and implement a mix of educational, outreach, and financial programs to increase housing provider participation in the HCV program. These recommendations are found in the Comprehensive Plan: Adopt and implement a mix of educational / outreach programs to increase participation in HCV program. • Adopt and implement a mix of financial incentives / policies for creation of HCV units throughout community. Based on the Source of Income Committee recommendations, the City now requires housing developers to accept HCV participants in conjunction with approval of an affordable housing development agreement related to an urban revitalization plan. Location Affordable housing projects are given a priority for city support if they are located outside an area of concentrated poverty based on the recommendations of the Voluntary Compliance Agreement and U.S. Department of Housing and Urban Development. The Amended Radford Road Urban Revitalization Area is outside the area of concentrated poverty and therefore meets this objective. Opportunity Areas Iowa's LIHTC program calculated the "high" and "very high" opportunity areas as part of the State of Iowa's Analysis of Impediments to Fair Housing Choice. IFA and the Iowa Economic Development Authority are required to conduct such an analysis because both agencies administer HUD funding. One of the components of the Analysis is to identify Opportunity Areas. HUD adapted the Communities of Opportunity model to calculate opportunity index scores for each census block group on six separate dimensions: Prosperity, Labor Market Engagement, Job Access, Mobility, School Proficiency, and Community Health. Each dimension analyzed for Iowa's Analysis of Impediments to Fair Housing Choice includes a collection of variables describing conditions for each census tract in the State. The Radford Road Urban Revitalization Area is in a designated "high" opportunity area. Community Input All projects requesting city support are required to hold a community meeting, where at a minimum, residents within a 200-foot radius of the project receive an invitation. Horizon Development Group, Inc. will hold a community meeting as required for any development prior to being eligible for tax abatement. Relocation The Amended Radford Road Urban Revitalization Area would be new construction, therefore no persons, families, business or others would be displaced for this project. Recommendation Staff recommends the City support these efforts to promote quality, affordable housing, with attention to the needs of families. The Amended Radford Road Urban Revitalization Plan provides affordable family housing outside the area of concentrated 3 poverty, and is in a location with proximity to key community services and living wage job opportunities. Action Requested I respectfully request the City Council hold a public hearing on April 18, 2022. 12 RESOLUTION NO. -22 APPROVING THE ADOPTION OF AN AMENDED URBAN REVITALIZATION PLAN FOR THE RADFORD ROAD URBAN REVITALIZATION AREA. Whereas, on December 8, 2018 the City approved an Urban Revitalization Plan (the Plan) for the Radford Road Urban Revitalization Area; and Whereas, on February 7, 2020 the City Council set a public hearing for the review and approval of an amendment to the Plan; and Whereas, on April 4, 2022 the City Council set a public hearing to be held on April 18, 2022 for the review and approval of an amendment to the Plan; and Whereas, the City has held the required public hearing, and proposes adoption of the Plan as amended; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: The Amended Urban Revitalization Plan for the area known as the Radford Road Urban Revitalization Area is hereby approved. Passed, approved and adopted this 18t" day of April, 2022. Brad N. Cavanagh, Mayor Attest: Adrienne F. Breitfelder, City Clerk LANDOVERCORPORATION 1156 Windward Lane Vernon Hills, Illinois 60010 p 847-550-8500 c 847-302-7575 landovercorp@comcast.net landovercorp.com April 8, 2022 Michael Belmont Assistant Housing Director Housing & Community Development City of Dubuque, 350 West 6' Street, Suite 312 Dubuque, Iowa 52001-4648 RE: URBAN RENEWAL AREA PETITION Radford Road, Dubuque, Iowa Dear Mr. Belmont, Please accept the following information in support of a petition to include the above referenced property in the Radford Road Urban Renewal District in the City of Dubuque. Eligibility of the Proposed Development The area is justified as an economic development area as defined in section 403.17 of the Iowa Code. This section of the code indicates that an "Economic development area means an area of a municipality designated by the local governing body as appropriate for commercial and industrial enterprises, public improvements relating to housing and residential development, or construction of housing and residential development for low and moderate income families, including single or multifamily housing." The Urban Renewal Area will support development of 50 units of multifamily housing for low to moderate income senior families pursuant to the affordable housing tax credit program administered by the Iowa Finance Authority. The area is appropriate for construction of housing and residential development. Legal Description The Eastern portion Lot E in Block 11 of Sunnyslope Estates in the City of Dubuque, Iowa Valuation of Property The ownership entity is valuing the property at the current contract price of $390,000. Property Ownership Radford Road Real Estate LLC Dubuque, Iowa Zoning Classification The property is currently zoned Commercial. A rezoning to OC Office Commercial is proposed. Applicability of Proposed Designation The proposed revitalization is applicable to all of the property assessed as residential. The revitalization will be all new construction. Relocation The property is vacant so relocation is not necessary. Proposed Improvements Landover Corporation is proposing a 50-unit affordable senior housing community. The building will be three stories in height with surface parking. A mix of one and two bedroom units will be available with rents structured with a range of affordability based on county median income and the affordable housing tax credit program. Anticipated common area features include a community room, exercise room and leasing office. All units will have either a patio or balcony. Funding Sources Funding sources will be provided once they are committed. Economic Justification Multi -family residential loans are typically underwritten such that projects must maintain enough income to support the required debt service which is not met without the tax abatement. Summary Statement It is appropriate to consider this Radford Road parcel as part of the City of Dubuque's Urban Renewal Program. The current property is vacant and therefore under-utilized. It is zoned Commercial and has been for sale for many years with no activity. A better use for the property would be for multi -family residential which is commonly proposed as a buffer between single- family and higher intensity uses. The property is, therefore, being downzoned to a more appropriate use, a 50 unit affordable housing community, and therefore meets the eligibility criteria established by Section 404.1 of the Iowa Code. There will be significant positive impact from the proposed development. The new housing community will provide much needed affordable housing in an area of town where currently little exists. It will also provide a buffer from the proposed commercial use on the West portion of the property to the single family development to the East. Without the support of the City of Dubuque, the proposed project would not be financially feasible. Landover Corporation has developed eleven affordable housing projects in Iowa in the last eight years and with our partners have a proven track record of providing quality, affordable living for this underserved segment of our communities. We urge City officials to consider this petition for the property to be included in the Urban Renewal Program and support the tax abatement request. Sincerely, Rlxv-� Richard S. Sova, President EXHIBIT "A" 'MUNE811 HIM 6Y ?II- CC3CP2I,hC4i Tt6.. PLA zAw,`.':r4ed: 62/4t1.'^r0i .[ 2,:3,:ii-AR e fic: !#. W PaQt i t2 i Fie�arn.,c1>w 6ettrtir F=2t3t�5-QQQi589 - - __- ti.u. -+wa. �30. i�K• FINAL PLAT LOT 5 AND LOT E IN BLOCK 11 OF SUNNYSLOPE ESTATES IN, THE CITY OF DUBUQUE, IOWA 1 A 4N cm. LOT t FOR cft iWAUR . ALE IT GRri BA$h `�O' 7 OFFLSLOPE iit+AHi:i xr FAVOR �Mo LOT 5 bfi'ii'i2'E -�} .D `t I.= AMES � T tali 1 3.4 Rr-67 is R. LOT 0 i 568'3:`ila`E o f-YO' T�LATE WAMR 3a64` * ` -£'^K4'w"E EA�'kEKT 24 .. T t O i Atli Lflr s PA Vt TKS PLAT . { sai 42'Q4•E t i O t aT`''yS 3543' ° ` i>o 6hZt2 1 om. ii s UTW a ' tts.. 7 I i3DT2518'W 1 ha. .m6_ W 0 ACRES g 4 W 7tl3Rtt7r^u S?ACE f fg aHS:i:'. K4. tOdi3-42 ENT FIPELL4: £AL CAST 3 iL".,., J jj s l LO AT LOT � put RECM pm. ! i I f c NO. tOS�i-uz i i P x I204 , f k � r f o } taeq r t ti Trr,p L272 8 T+. ! !-E tse_,s-s•. SW COT. W7 D _. .. .. CDI i- OCS NG 5; T 184. • #� ti" T 5 :.w^� LOT c' . Ls3SUrY SAgMR.T " 1 ' {^ - CC�tF'z : A- CF 4or s "or 9 { .`V-1414YS6Q?E ESTATES. �Q:Y-1, SILonuA°£;fSTilTzs 1 ThIS S1 Tr is c ^T TG EASZVEiy7S, �"`�• FLAT C^4tt3tRY T Nam. R'iH-�'+ESfR F....•t� R S± USES A%D Rinri";-G=-Y:%r - c":) S/a . «4 Rt3 n'f GRAPH-C SCALE G coRv. A 3 t Or Rt— _RD =A 1G .A, AS YCTF., EiAQ::2S5 SH'wl A¢E =AS: vYi FINALrLA'. rF O `-ET "tY.''R.Y. It-- IT/ 4 AND wF E=a-S C i »? SII!t: YSLO;%- r-AS=£ G z.3: '•3v5 ES=AFS REC Rc^.a T %S-.. ia372-93. 1R A s: r.-T Jv` -TAL A,EA i RirY '; E t?7 4Rrjc i z l .-=GdtAr t: DRAVO&G WAYwv.AVz RzE.t RED;1:.� ^"RicYE:; FOR: C-iao ��.c.'^7PIE.;r.'a: RADFOR RCAD REAL ES'ATE. DATE or r ^nVLY. ..P WARV 13. raa• t€.perr �..: Y us^ sa-.3vxg :'=sA.^ rAs n+sr.+q -M i�ticz.iaaxs rt eTd} h,T AVs t,.E imaic avx+.rs i Pf71Aa aT rf. d s.+K'=t wrMo ?x:Q+LR53iA: 1TL�" AYr '�e.T. ut A:'Ti <..t;fCl$3lA'� f SL'$S'E�`OR4. P.G • .� AAA' Lim r!E iAkS 3 X SRi 5 StJe. � itt��� '�� 3. i�rus. K 4:.+•�'n 4MAY A R.S'x C�?ITI7S A 5A.'F1:45, i aa... p A C •- .t !: -'y '0-:tzti b i A p,xAN Fv ; a a C. 2-SA OS - r" +*ASEZ^✓itlSTff :+X�33<<ir3 �:.: 'f � 4� EAF" P' ice.\?.3a\iLi,ti'�7Gstax �aSTiLf_awL Amended Radford Road Urban Revitalization Plan Established, November 2018; Amended February 2020 and April 2022 1.0 Introduction The following plan describes certain provisions of the Iowa Urban Revitalization Act and proposes the amendment of the Radford Road Urban Revitalization Area. The State of Iowa, under Iowa Code Chapter 404, allows cities to designate areas as urban revitalization districts. Under this Act, improvements to qualified areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment by the reduction of tax increases related to property improvements. Once an area is deemed to meet the requirements established in Chapter 404, a plan must be established which identifies the district boundaries, property owners, existing conditions, proposed plans and the basic abatement provisions for the revitalization area. Iowa Code Chapter 404.1 lists five reasons for which a city or county may establish urban revitalization plans. These include: 1. The existence of numerous buildings that are dilapidated or deteriorated, detrimental to the public health, safety, or welfare of the area 2. An area challenged by the presence of a substantial number of deteriorated or deteriorating structures along with additional other defective or unsafe conditions impairing the provision of housing 3. An area in which there is a predominance of buildings or improvements which by reason of age, history, architecture or significance should be preserved or restored to productive use. 4. An area which is appropriate as an economic development area as defined in section 403.17. 5. An area designated as appropriate for public improvements related to housing and residential development, or construction of housing and residential development, including single or multifamily housing. The Amended Radford Road Urban Revitalization Plan will be based upon the need for the encouragement of housing and residential development. 2.0 The Area 2.1 Location Exhibit A identifies the location of the Revitalization District in the City of Dubuque. The area encompasses undeveloped or underdeveloped parcels situated on Wolff Road, Pennsylvania Avenue and Radford Road. Amcndcd Radford Road Urban Rcvitalization Plan February 2020 Pagc 2 of 7 2.2 Zoning 1895 Radford Road or Lot 1-1 Wolff Place No. 2 was re -zoned per ordinance 33-18 as OC Office Commercial District on November 17, 2018 to accommodate a multi -residential structure. 1865 Radford Road or Lot 2-1 Wolff Place No. 2 was rezoned OC Office Commercial District on February 17, 2020 to accommodate a multi -residential structure. Other parcels in the area are zoned as Light Commercial, General Commercial, Neighborhood Shopping Center District and Planned Commercial. For development of low-income housing, parcels will need to be re -zoned to OC Office Commercial District or OR Office Residential District to be considered for tax abatement in this Urban Revitalization District. 2.3 Existing and Proposed Land Use The subject properties have been used as farmland with no structures on the site, undeveloped greenspace, temporary parking for adjoining properties, and commercial space with structures. The proposed land use is OC Office Commercial District for low -moderate income multi -residential structures. 2.4 Assessed Valuations and Owners of Records Parcel # Legal Description Zoning LOT 1-2-1-1-A BLK 2 NORTHRANGE INDUSTRIAL 1020378019 PARK C-3 General Commercial Commercial Service with CSc/C- Conditions/General 1020378015 LOT 1 WOLFF PLACE NO 3 3 Commercial Commercial Service with CSc/C- Conditions/General 1020378010 LOT 2-2 NORTHRANGE INDUSTRIAL PARK #2 3 Commercial LOT 2-2-1-1 BLK 2 NORTHRANGE INDUSTRIAL 1020378011 PARK C-3 General Commercial 1020406088 LOT 2 PIZZA RANCH PLACE PC Planned Commercial Light Industrial with 1020376004 LOT 1-1 NORTHRANGE INDUSTRIAL PARK #3 Llc Conditions LOT 2-1-PT-1-1-1 BLK 2 NORTHRANGE 1020377001 INDUSTRIAL PARK LI Light Industrial 1020377011 LOT 2-1 WOLFF PLACE NO. 2 EXC LOT A-2-1 OC Office Commercial 1020452033 LOT 2-1-A NORTHRANGE SUB #1 C-3 General Commercial Commercial Service with CSc/C- Conditions/General 1020378016 LOT 2 WOLFF PLACE NO 3 3 Commercial Amcndcd Radford Road Urban Rcvitalization Plan February 2020 Pagc 3 of 7 Neighborhood Shopping 1020406037 LOT 1 BLK 11 SUNNYSLOPE ESTATES C-2 Center 1020451001 LOT 2 BLK 1 NORTHRANGE INDUSTRIAL PARK C-3 General Commercial 1020376005 LOT 2-1 NORTHRANGE INDUSTRIAL PARK #3 C-3 General Commercial 1020377010 LOT 1-1 WOLFF PLACE NO 2 OC Office Commercial BAL LOT 1-2-1-1 BLK 2 NORTHRANGE INDUSTRIAL 1020378018 PARK EXC LOT 1-2-1-1-A C-3 General Commercial BAL LOT 2-1-1-1 BLK 1 NORTHRANGE INDUSTRIAL 1020452031 PARK EXC LOT 2-1-1-1-A C-3 General Commercial 1020452034 BAL LOT 2-1 NORTHRANGE SUB #1 EXC LOT 2-1-A C-3 General Commercial UNIT #A RADFORD COURT SHOPPING CENTER CONDOMINIUMS LOCATED ON LOT 4 BLK 11 1020406085 SUNNYSLOPE ESTATES PC Planned Commercial UNIT #B RADFORD COURT SHOPPING CENTER CONDOMINIUMS LOCATED ON LOT 4 BLK 11 1020406086 SUNNYSLOPE ESTATES PC Planned Commercial 2021 Valuation for Existing Parcels, 2022 Valuations for Amended/Added Parcels 1020378019 64,280 0 0 64280 1020378015 173,250 103,080 0 276330 1020378010 138,150 85,280 0 223430 1020378011 140,380 160,800 0 301180 1020406088 404,800 0 0 404800 1020376004 262,290 0 0 262290 1020377001 351,210 1,060 0 352270 1020377011 202,500 0 0 202500 1020452033 49,650 0 0 49650 1020378016 156,820 106,340 0 263160 1020406037 87,250 273,500 0 360750 1020451001 150,910 559,860 0 710770 1020376005 131,730 510,300 0 636430 1020377010 199,500 0 0 199500 1020378018 106,280 32,080 0 138360 1020452031 159,300 147,310 0 306610 1020452034 224,250 0 0 224250 1020406085 80,760 279,090 0 359850 1020406086 80,760 394,920 0 475680 Amended Radford Road Urban Revitalization Plan February 2020 Page 4 of 7 2.5 City Services This area is served by city services. 3.0 Relocation No relocation should occur due to the rehabilitation of the parcels identified for expansion of this district. Should relocation occur because of rehabilitation in the proposed district, the person(s) causing a qualified tenant to be displaced shall pay all the relocation costs of the tenant as a condition for receiving a tax -exemption under Iowa Code Section 404.3. "Qualified tenant" shall mean the legal occupant of a residential dwelling unit which is located within this designated revitalization area and who has occupied the same dwelling unit continuously for one year prior to the city's adoption of this plan pursuant to Iowa Code Section 404.2. 4.0 Qualification of Areas This revitalization area is for new construction on undeveloped or underdeveloped parcels, of low-income housing units. Only parcels properly zoned and providing low-income housing units are eligible. Parcels in the Amended Radford Road Urban Revitalization Area that are not in need of economic development for the purposes of new construction, low- income housing as provided for in this plan are excluded from eligibility for tax incentives provided for in this plan. The housing in the area consists of single-family homes. Exhibit B shows the Revitalization Area in comparison to areas of concentrated poverty. This Revitalization Area supports the initiative to create affordable housing units outside the area of concentrated poverty. The Revitalization Area is adjacent to Eleanor Roosevelt Middle School and Carver Elementary School. Within one mile of the Revitalization Area there is a childcare center, county library, grocery store, pharmacy, retail establishments, local transit, and restaurants. Additionally, there are several employment opportunities within one mile of the Revitalization Area, which include the establishments listed above as well as many industrial and commercial employers such as Kendall Hunt Publishing, Amended Radford Road Urban Revitalization Plan February 2020 Page 5 of 7 Geisler Brothers, Rite Hite, Weber Paper, A.Y. McDonald, and the Dubuque Regional Humane Society, among numerous others. 4.1 Historic Significance The Amended Radford Road Urban Revitalization Area has been used as farmland. There have been no buildings constructed on the qualifying parcels to date. 5.0 Revitalization Program 5.1 Tax Exemption a) New construction low-income residential property, assessed as residential or assessed as commercial property, if the commercial property consists of three or more separate living quarters with at least seventy-five percent of the space used for residential purposes, will be eligible for property tax exemption. The property tax exemption will be in accordance with the Code of Iowa, Chapter 404.3(4), providing for a ten-year, 100% exemption of the actual value added by the improvements. b) "Qualified real estate" means real property, other than land, which is located in a designated revitalization area and to which improvements have been added, during the time the area was so designated, which have increased the actual value by at least fifteen percent, or at least ten percent in the case of real property assessed as residential, or which have, in the case of land upon which is located more than one building and not assesses as residential property, increased the actual value of the buildings to which the improvements have been made by at least fifteen percent. c) Property tax exemption shall be available only for `new construction'. "Actual value added" means the actual value added as of the first year for which the exemption was received. d) Any construction or improvements that were assessed before the area was officially designated will not be eligible for exemption. Construction begun prior to one year prior to the area becoming designated will not be eligible for exemption. All exemptions existing at the time of the repeal of the Amended Radford Road Urban Revitalization District shall continue until their expiration. e) New Construction must result in a structure meeting applicable building, plumbing, mechanical, electrical, and other code requirements of the City of Dubuque. Amended Radford Road Urban Revitalization Plan February 2020 Page 6 of 7 f) The actual value of the improvements must result in an increase in assessed value as stated above in (b). Each year that an application is made for tax exemption, the assessed value must have increased in that year by the required percentage. g) The area became a Revitalization Area commencing upon the adoption of the ordinance approving this Revitalization Area by the City Council on January 7, 2018. The designation of the Amended Radford Road Urban Revitalization Plan Area will remain in effect until the desired level of revitalization has been attained. Upon repeal of the ordinance establishing this revitalization area, all existing exemptions would continue until their previously established expiration date. 5.2 Availability of funding There are two active programs, which may provide a source of funding for residential and commercial improvements to the proposed district. These include; Community Development Block Grant Funds (CDBG), Housing Tax Increment Financing. 6.0 Application Procedure This area, upon designation, will follow the procedures for application and granting of the property tax exemption within the City of Dubuque. a) The property owner must apply for an exemption by February 1st of the assessment year for which the exemption is first claimed, but not later than the year in which all the improvements included in the project are first assessed for taxation, or the following two assessment years, in which case the exemption is allowed for the total number of years in the exemption schedule. Upon the request of the owner, the governing body of the City may provide by resolution that the owner may file an application no later than February 1 of the tenth assessment year. b) The application must contain, at a minimum, the following: a. The nature of the improvements, b. The cost of the improvements, c. The actual or estimated date of completion, and d. The tenants occupying the property as of the date of the City's resolution adopting this plan. c) The City reviews all applications to determine whether the improvement project conforms to the revitalization plan, is within a designated area, and if the improvements were made during the appropriate time period. If the project meets all three criteria, the City shall forward the application to the assessor by March 1st, with a statement as to which exemption applies. Amended Radford Road Urban Revitalization Plan February 2020 Page 7 of 7 Applications for exemptions for succeeding years on approved projects shall not be required. d) The local assessor shall review each application by making a physical review of the property, to determine if the improvements made increased the actual value of the qualified real estate by at least fifteen percent or ten percent in the case of real property assessed as residential property. If the assessor determines that the actual value of that real estate has increased by at least the requisite percent, the assessor shall certify the property valuation, determined pursuant to the tax exemption schedule, to the County Auditor at the time of transmitting the assessment rolls. The assessor shall notify the applicant of the determination, and the assessor's decision may be appealed to the local board of review at the time specified in Iowa Code. The property owner may also refile an application in a subsequent year after additional improvements have been made. e) After the tax exemption is granted, the assessor shall continue to grant the tax exemption, with periodic physical review by the assessor, for the ten- year time period specified in the tax exemption schedule. f) An application for exemption received by February 1 in any year after the year in which the improvement was completed and first assessed for taxation, is a late application. Late application may be made in any year up to the tenth year following completion of the improvement. The exemption period will be the remainder of the ten-year period, which began upon completion of the improvement, except the total number of years in the exemption schedule will be allowed if a claim for exemption is filed within two years of the February 1 filing deadline. 7.0 Conclusion The proposed urban revitalization district will encourage new construction to provide needed housing units. After the ten-year abatement period lapses, the full assessed value of the property will go on the tax rolls to the benefit of the entire community. EXHIBIT A & B (Maps) IJ 0 0 Legend N 0 Amended Radford Road Urban Revitalization Boundary ° Subject Parcels oy �wr,r 11020406085 ` -- ooG 1020406086 cz RAIDFORD O FA fCDCD Cli p t _ o.,. 1020377011 1020377010 0 a 1 0.451001 � p .. e. CO O o- ~ p O _ LFF _ T J M YYY - - i NORTHRANGE v - -• LO CO CO p 1012045',20 .. _ If) CO 0 CO 0 CO CO 4, �, 4 M M CO C) C Oo Oo 1020378018 � o.''1020452034 N - N ... p � 10203 • C) p � - PENNSYLVA NIA .. _..... . ` � � Z •City ,.;;; � ��' of Dubuque, IA Concentrated Areas of Poverty by Census Tract City of Dubuque, IA Proposed Affordable Housing Projects ARM 102.01 101.04 Dubuque City Li its Census Tracts 12.02 all 9 .03 7.02 8.02 8.01 101.01 101.05 Highest povert tracts: 26.7% - 29.5% of population below poverty measure N Source: American C mmunity Survey 2020 5-Year Estimate (2016-2020) 11 IT �I 1 -111 LI 111 11",UL, 111 -111LI, .11 0 1 2 4 Miles STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, 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: 04/08/2022 and for which the charge is 27.27 Subscribed to before me, a Notary in and for Dubuque County, Iowa, this 8th day of April, 2022 Notary Public in and for Dubuque County, Iowa. ';' •. SHARON YWEL.BOFM Umaefts�Homi Number $27400 ity C.vmmm, Erp. NOV 10, 202.3 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE is hereby given that the Dubuque City Council will conduct a public hearing on the 18th day of April, 2022, at 6:30 p.m., in the Historic Federal Building, at which meeting the City Council will review and approve an amendment to the Radford Road Urban Revitalization Plan. At the meeting, the City Council will receive oral and written comments from any resident or property owner of said City to the above action. The official agenda will be posted the Friday before the meeting and will contain public input options. The City Council agenda can be accessed at https://cityofdubuque.novusagenda.com/AgendaPublic/ or by contacting the City Clerk's Office at 563-589-4100, ctyclerk@cityofdubuque.org. Written comments regarding the above public hearings may be submitted to the City Clerk's Office via email at ctyclerk@cityofdubuque.org or by mail to City Clerk's Office, City Hall, 50 W. 13th St., Dubuque, IA 52001, before said time of public hearing. At said time and place of public hearings the City Council will receive any written comments. Copies of supporting documents for the public hearings are on file in the City Clerk's Office and may be viewed Monday through Friday between 8:00 a.m. and 5:00 p.m. Individuals with limited English proficiency, vision, hearing, or speech impairments requiring special assistance should contact the City Clerk's Office at (563) 589-4100, ctyclerk@cityofdubuque.org as soon as feasible. Deaf or hard -of -hearing individuals can use Relay Iowa by dialing 711 or (800) 735-2942. Published by order of the City Council given on the 4th day of April 2022. Adrienne N. Breitfelder, City Clerk It 4/8