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Resolution of Adoption for the proposed Switch Homes Housing Urban Renewal Area_HearingCity of Dubuque City Council Meeting Public Hearings # 01. Copyrighted July 5, 2023 ITEM TITLE: Resolution of Adoption for the proposed Switch Homes Housing Urban Renewal Area SUMMARY: Proof of publication on notice of public hearing to consider City Council adopt the resolution approving the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area (Area), and City Manager recommending approval. SUGGESTED DISPOSITION: ATTACHMENTS: Description MVM Memo Staff Memo Urban Renewal Plan Attachment A - Map Attachment B-1 Attachment B-2 Attachment C Attachment D Consultation Minutes LRPAC Recommendation Resolution RESOLUTION Approving the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area Suggested Disposition: Receive and File; Adopt Resolution(s) Type Staff Memo Staff Memo Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Resolutions 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: Resolution of Adoption for the proposed Switch Homes Housing Urban Renewal Area DATE: June 27, 2023 Economic Development Director Jill Connors is recommending City Council adopt the resolution approving the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area (Area). The proposed Plan will provide for the continued use of tools that encourage investment and development activities in the Area and support revitalization within the Area and the community at large. The primary goal of the Plan is to stimulate, through public involvement and commitment, private investment in new housing and residential development. This proposed Area would result in improved roads and utilities in the Area, as well as funding to assist with LMI family housing anywhere within the City at large. Over the life of the Area, it is projected to generate approximately $6,981,771 in increment with $2,660,055 going to affordable housing throughout the community and $4,321,716 going to improvements in the Area. However, the Plan allows for a greater contribution toward infrastructure or affordable housing in the event the Area would produce more increment than currently anticipated. I concur with the recommendation and respectfully request Mayor and City Council approval. v Micha I C. Van Milligen MCVM:sv Attachment CC' Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill Connors, Economic Development Director Dubuque Economic Development Department THE CITY OF " 1300 Main Street All- Americo My Dubuque, Iowa 52001-4763 U B � Office (563) 589-4393 DTTY (563) 690-6678 R® http://www.cityofdubuque.org 2007*2012*2013 Masterpiece on the Mississippi 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Resolution of Adoption for the proposed Switch Homes Housing Urban Renewal Area DATE: June 26, 2023 INTRODUCTION This memorandum presents for City Council consideration a Resolution approving the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area. BACKGROUND The Switch Homes Housing Urban Renewal Area (the "Area") will be an urban renewal area which allows the City of Dubuque to capture tax increment revenue from improvements made in the Area in order to promote housing and residential development activities. The Area will be created primarily for the development of a residential district (Switch Homes) and infrastructure improvements including but limited to installation of fiber conduit and vaults, sanitary, storm, and combined sewers, waterworks and watermain extensions, and drainage conduits, channels, and levees. In addition to funding the development of infrastructure, tax increment financing will be used to benefit Low and Moderate Income (LMI) individuals in our community at large. The proposed Urban Renewal Plan for the Area describes the specific use of tax increment funds, reflecting the utilization of tax rebates, the construction of public infrastructure, and other planned expenditures. DISCUSSION The primary goal of the Plan is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by the Iowa Code Section 403.17(12). This proposed Area would result in improved roads and utilities in the Area, as well as funding to assist with LMI family housing anywhere within the City at large. Over the life of the Area, it is projected to generate approximately $6,981,771 in increment with $2,660,055 going to affordable housing throughout the community and $4,321,716 going to improvements in the Area. See attached financial summary. However, the Plan allows for a greater contribution toward infrastructure or affordable housing in the event the Area would produce more increment than currently anticipated. A consultation process was conducted with the affected taxing entities as required by Chapter 403.5 of the Iowa Code. Prior to the meeting, the affected taxing bodies were mailed copies of the proposed Urban Renewal Plan, and the Notice of Public Hearing. The required consultation to discuss, question, or object to the findings in these documents was held Tuesday, June 13, 2023. There were no representatives from the affected taxing entities in attendance. The notice of public hearing was published on June 23, 2023 in accordance with publication requirements. The proposed Urban Renewal Plan was presented for review and recommendation to the Long Range Planning Advisory Commission on Wednesday, June 21, 2023. By a vote of 4-0-1, with one Commission member abstaining, the Commission recommended approval of the Urban Renewal Plan for the creation of the Switch Homes Housing Urban Renewal District, finding it to be consistent with the 2017 Imagine Dubuque Comprehensive Plan. RECOMMENDATION/ ACTION STEP I recommend that following the public hearing, the attached Resolution be approved to adopt the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area. The proposed Plan will provide for the continued use of tools that encourage investment and development activities in the Area and support revitalization within the Area and the community at large. 2 AMENDED and RESTATED URBAN RENEWAL PLAN Switch Homes Housing Urban Renewal Area City of Dubuque, Iowa Version 2023.1 TABLE OF CONTENTS A. INTRODUCTION B. DESCRIPTION OF THE URBAN RENEWAL AREA C. DISTRICT DESIGNATION D. BASE VALUE E. DEVELOPMENT PLAN F. RESIDENTIAL DEVELOPMENT G. AREA OBJECTIVES H. TYPE OF RENEWAL ACTIVITIES I. PROPOSED PROJECT J. FINANCIAL DATA K. PROPERTY ACQUISITION/DISPOSITION L. RELOCATION M. STATE AND LOCAL REQUIREMENTS N. SEVERABILITY O. URBAN RENEWAL PLAN AMENDENTS P. EFFECTIVE PERIOD 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 -2- A. INTRODUCTION This Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area ("Plan" or "Urban Renewal Plan") has been developed to help local officials promote economic development in the City of Dubuque ("City"). The primary goal of the Plan is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by the Iowa Code Section 403.17(12). In order to achieve this objective, the City intends to undertake urban renewal activities pursuant to the powers granted to it under Chapter 403 and Chapter 15A of the Code of Iowa, as amended. B. DESCRIPTION OF THE URBAN RENEWAL AREA The Switch Homes Housing Urban Renewal Area ("Area" or "Urban Renewal Area") is illustrated in Attachments A, B-1, and B-2 and described in Attachment D. The City reserves the right to modify the boundaries of the Area at some future date. C. DISTRICT DESIGNATION With the adoption of this Plan, the City of Dubuque designates this Urban Renewal Area as an economic development area that is appropriate for the provision of public improvements related to housing and residential development. D. BASE VALUE If the Switch Homes Housing Urban Renewal Area is legally established and debt is certified prior to December 1, 2024, the taxable valuation within the Urban Renewal Area as of January 1, 2023, will be considered the "base valuation." If debt is not certified until a later date, the "base value" will be the assessed value of the taxable property in the Urban Renewal Area as of January 1 of the calendar year preceding the calendar year in which the City first certifies the amount of any debt. -3- E. DEVELOPMENT PLAN The City Council has approved a general plan for the physical development of the City as a whole, outlined in the 2017 City of Dubuque Comprehensive Plan that was adopted by the City Council on September 18, 2017. The goals, objectives, and projects in this Urban Renewal Plan are consistent with the City's Comprehensive Plan. The Switch Homes Housing Urban Renewal Area is zoned: R-1 (Single Family Residential) and R-4 Multi -Family Residential. See Attachment B for details. This Urban Renewal Plan does not in any way replace the City's current land use planning or zoning regulation process. For details on current and proposed land use, see attached land use maps, Attachments B-1 and B-2. F. RESIDENTIAL DEVELOPMENT The City's objective in the Switch Homes Housing Urban Renewal Area is to promote new housing and residential development. When the City undertakes a project to provide or aid in the provision of public improvements related to housing and residential development in an economic development area, the City must assure that the project will include assistance for LMI family housing. Unless a reduction is approved by the Iowa Economic Development Authority, the amount to be provided for LMI housing shall be either equal to or greater than the percentage of the original project cost that is equal to the percentage of LMI residents for Dubuque County. LMI families are those whose incomes do not exceed 80% of the median Dubuque County income. LMI families include single person households. The percentage of LMI families living in Dubuque County, as determined by the U.S. Department of Housing and Urban Development using Section 8 guidelines is currently 38.1 %. Not less than 38.1 % of incremental revenues will be used by the City to provide LMI family housing assistance. The assistance for LMI family housing may be provided anywhere within the City and may include, but is not limited to: 1. Lots for LMI housing within or outside the urban renewal area; -4- 2. Construction of LMI housing within or outside the urban renewal area; 3. Grants, credits or other direct assistance to LMI families living within or outside the urban renewal area, but within the area of operation of the municipality; and 4. Payments to a LMI housing fund established by the City to be expended for one or more of the above purposes, including matching funds for any state or federal moneys used for such purposes. G. AREA OBJECTIVES Renewal activities are designed to provide opportunities, incentives, and sites for new residential development within the district and to provide housing assistance to LMI families. More specific objectives for development within the Switch Homes Housing Urban Renewal Area are as follows: 1. To alleviate and prevent conditions of unemployment and a shortage of housing; and that it is accordingly necessary to assist and retain local industries and commercial enterprises to strengthen and revitalize the economy of the State of Iowa and the City of Dubuque. 2. To stimulate through public action and commitment, private investment in new residential development. 3. To plan for and provide sufficient land for residential development in a manner that is efficient from the standpoint of providing municipal services. 4. To help finance the cost of installation of sanitary, storm and combined sewers by the Developer, installation of fiber conduits and vaults, as well as other public improvements in support of new housing development., 5. To provide a more marketable and attractive investment climate. 6. To improve the housing conditions and housing opportunities for LMI families. -5- H. TYPE OF RENEWAL ACTIVITIES To meet the objectives of this Urban Renewal Plan and to encourage the development of the Urban Renewal Area, the City intends to utilize the powers conferred under Chapter 403 and Chapter 15A, Code of Iowa including, but not limited to, tax increment financing. Activities may include: 1. To undertake and carry out urban renewal projects through the execution of contracts and other instruments. 2. To arrange for or cause to be provided the construction of public infrastructure including but not limited to installation of sanitary, storm, and combined sewers, curb underdrain, fiber conduit, and vaults, and construction of sidewalk and sidewalk ramps in connection with urban renewal projects. 3. To finance programs which will directly benefit housing conditions and promote the availability of housing affordable to LMI persons in the community. 4. To make loans, grants, or rebates to private persons to promote housing projects on such terms as may be determined by the City Council. 5. To borrow money and to provide security therefor. 6. To make or have made surveys and plans necessary for the implementation of the urban renewal program or specific urban renewal projects. 7. To use tax increment financing for a number of objectives, including but not limited to, achieving a more marketable and competitive land offering price and providing for necessary physical improvements and infrastructure. 8. To use any or all other powers granted by the Urban Renewal Act to develop and provide for improved economic conditions for the City of Dubuque and the State of Iowa. Nothing herein shall be construed as a limitation on the power of the City to exercise any lawful power granted to the City under Chapter 15, Chapter 15A, Chapter 403, Chapter 427B, or any other provision of the Code of Iowa in furtherance of the objectives of this Urban Renewal Plan. -6- I. PROPOSED PROJECT The first proposed urban renewal project involves the construction public improvements related to the creation of residential development in the Area. Certain of the public improvements are expected to be constructed by the Developer, with the balance being constructed by the City. The expected public improvements and their estimated costs are as follows. Public Improvements Estimated Costs Sanitary, Storm, & Combined Sewers Drainage Conduits, Channels, Levees Grading & Paving Street Lighting Fixtures including Fiber $3,227,990 $780,057 $2,571,039 $475,050 Sewer Pump Station $450,000 Underground Utilities $473,279 Sidewalks $638,199 Public Drives $197,802 Waterworks, Watermains, & Extensions $1,483,245 Tree Removal $183,000 Traffic Control $125,000 Total $10,604,661 The City expects to provide assistance to the Developer in the form of property tax rebates of potential incremental taxes, under the terms of a rebate agreement between the City and the Developer. Under the proposal, some of the incremental property tax generated from the new houses constructed within the Urban Renewal Area pursuant to Iowa Code Section 403.19 is expected to be rebated to the Developer (in an amount not to exceed the Developer's certified costs of constructing certain of the required public improvements or such other amount as may be determined by the City Council) for a period of time to be determined by the City Council. These rebates will not be general obligations of the City but will be payable solely from incremental property taxes generated by the project. The City will set aside not less than the required LMI percentage (38.1 %) of the incremental taxes generated by the project and use those funds to support LMI family housing anywhere in the community. The remaining incremental taxes will -7- be available to the City to distribute in accordance with Iowa Code §403.19. J. FINANCIAL DATA 1) July 1, 2022, Statutory debt limit: $241,616,084 (see Attachment C) 2) Outstanding general obligation debt for purposes of debt limit: $109,522,364 (see Attachment C) 3) With the 10-year life of the Urban Renewal Area, it is projected to generate approximately $6,981,771 in increment with $2,660,055 going to affordable housing throughout the community and $4,321,716 going to improvements in the Area. See attached financial summary. However, the Plan allows for a much greater contribution toward infrastructure in the event the Area would produce more increment than currently anticipated. K. PROPERTY ACQUISITION/DISPOSITION Other than easements and public right-of-ways, no property acquisition by the City is anticipated at this time. However, if any property acquisition/disposition becomes necessary to accomplish the objectives of the Plan, urban renewal powers will be carried out, without limitation, in accordance with the State of Iowa Urban Renewal Law. L. RELOCATION The City does not expect there to be any relocation required of residents or businesses as part of the proposed urban renewal projects; however, if any relocation is necessary, the City will follow all applicable relocation requirements. M. STATE AND LOCAL REQUIREMENTS All provisions necessary to conform to State and local laws will be complied with by the City in implementing this Urban Renewal Plan and its supporting documents. � �+*1 AN 4:7_1 1141 V1 In the event one or more provisions contained in this Urban Renewal Plan, as it may be amended, shall be held for any reason to be invalid, illegal, unauthorized or unenforceable in any respect, such invalidity, illegality, lack of authorization or enforceability shall not affect any other provision of this Urban Renewal Plan, and this Urban Renewal Plan shall be construed and implemented as if such provisions had never been contained herein. O. URBAN RENEWAL PLAN AMENDMENTS -9- This Urban Renewal Area Plan may be amended from time to time for a number of reasons, including but not limited to, change in the area, to add or change land use controls and regulations, to modify goals or types of renewal activities, or to amend property acquisition and disposition provisions. The City Council may amend this Plan pursuant to appropriate procedures under Iowa Code Chapter 403. P. EFFECTIVE PERIOD This Urban Renewal Plan will become effective upon its adoption by the City Council and will remain in effect until it is repealed by the City Council. With respect to the property included within the Switch Homes Housing Urban Renewal Plan Area, which is also included in an ordinance which designates that property as a tax increment area and is designated based on an economic development finding, to provide or to assist in the provision of public improvements related to housing and residential development, the use of incremental property tax revenues or the "division of revenue," as those words are used in Chapter 403 of the Code of Iowa, is limited to ten (10) years beginning with the second fiscal year following the year in which the City first certifies to the County Auditor the amount of any loans, advances, indebtedness, or bonds which qualify for payment from the incremental property tax revenues attributable to that property within the Switch Homes Housing Urban Renewal Area. With consent of all other affected taxing bodies (by written agreement), the use of incremental property tax revenues under Iowa Code Section 403.19 can be extended for up to 5 years if necessary to adequately fund the housing project. At all times, the use of tax increment financing revenues (including the amount of loans, advances, indebtedness or bonds which qualify for payment from the division of revenue provided in Section 403.19 of the Code of Iowa) by the City for activities carried out under the Switch Homes Housing Urban Renewal Plan shall be limited as deemed appropriate by the City Council and consistent with all applicable provisions of law. -10 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 City of Dubuque Summary of Bonded Indebtedness Description General Obligation Bonds rF«antinl r -n-ta P-n-1 Date Average Yearof Amount Principal Principal Interest Principal of Interest Final of Outstanding Due Due Outstanding Issue Rate Pavment Issue 6130/21 FY 2022 FY 2022 6130/22 Airport New Terminal Furnishings ST20 Refund 2014B 6/2/2021 2.0000% 2026 25,000 25,000 4,901 499 20,099 Airport Improvements Refunding 4/17/2017 3.0000% 2030 282,200 208,900 21,400 6,267 187,500 Airportlmprov- PFC Refunding 2012C 6/2/2021 2.0000% 2032 1,353,033 1,353,033 110,547 26,985 1,242,486 Airport Improv - Sales Tax 20% Refunding 2012C 6/2/2021 2.0000% 2032 10,000 10,000 10,000 200 - Airport Terminal Utility Improv - PFC Refund 2014B 6/2/2021 2.0000% 2034 490,000 490,000 35,000 9,773 455,000 Airport New Terminal Roads/Parking Sales Tax 20% 4/4/2016 2.7896% 2036 635,927 494,930 28,775 13,477 466,155 Building -Conf Center Improv - Sales Tax 20% 6/20/2019 3.0000% 2022 25,076 8,368 8,368 2,482 (0) Building- Conf Center Energy Improv - FY19 6/20/2019 3.0000% 2027 187,136 141,440 22,848 4,243 118,592 Building 18th Street Improv Sales Tax 20% 3/19/2018 3.0464% 2026 391,913 259,325.00 48,745.00 7,890.00 210,580.00 Building City Hall Brickwork - Sales Tax 20% 6/20/2019 3.0000% 2027 236,448 182,533 27,729.73 8,226.49 154,804 Building Smart Meters Refunding 4/17/2017 3.0000% 1 2030 45,4001 33,600 3,400 1,008 30,200 Building Federal Building Roof - Sales Tax 20% 4/4/2016 2.7896% 2035 268,404 208,894 12,145 5,688 196,749 Civic Center Improvements - Sales Tax 20% 6/20/2019 3.0000% 2027 323,146 249,463 37,897 11,243 211,565 Civic Center Chair Platform Section 3 - FY19 6/20/2019 3.0000% 2027 59,340 44,850 7,245 1,346 37,605 DICW Expansion -Non Taxable - Refunding 4/4/2016 2.9127% 2023 3,175,000 75,000 40,000 2,250 35,000 DICW Expansion - South Siegert Farm 3/19/2018 3.0464% 2026 239,534 158,498.00 29,793.00 4,822.00 128,705.00 DICW North Siegert Refunding 4/17/2017 3.0000% 2029 1,285,000 910,000 100,000 27,300 810,000 DICW Expansion Consult Refund 2012H 6/2/2021 2.0000% 2032 95,580 95,580 7,788 1,906 87,792 DICW Exp S Siegert Refundin 2012C Taxable 6/2/2021 2.0000% 2032 2,498,375 2,498,375 204,125 49,829 2,294,250 DICW Expansion - South Siegert Farm- Non-taxable 6/20/2019 3.0000% 2032 305,357 266,500 19,459 5,773 247,041 DICW Refund 2014C Taxable 6/2/2021 2.0000% 2034 1,145,000 1,145,000 75,000 22,836 1,070,000 DICWChavenelle Road - FY21 Non -Taxable 6/2/2021 2.0000% 2041 1,265,000 1,265,000 - 25,230 1,265,000 E911 Tower Relocation - Sales Tax 20% 6/20/2019 3.0000% 2027 141,869 109,520 16,638 4,936 92,882 Finance General Ledger Software - FY21 6/2/2021 2.0000% 2041 244,239 244,239 6,655 4,871 237,584 Tire Station #4Improvements -Gaming 6/20/2019 3.0000% 2027 188,054 134,140 30,454 9,035 103,686 Recreation ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 51,545 51,545 12,695 1,029 38,850 AirportST2010YrRefunding 2014B 6/2/2021 2.0000% 2025 28,182 28,182 6,941 563 21,241 Building ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 87,596 87,596 21,573 1,750 66,023 Transit ST20 10 Yr Refunding 2014B 6/2/2021 2.0000% 2025 11,407 11,407 2,809 228 8,598 Fire Station #2 ST20 10 yr Refund 2014E 6/2/2021 2.0000% 2025 91,227 91,227 22,467 1,822 68,760 Park Imp ST20 10 yr Refund 2014B 6/2/2021 2.0000% 2025 35,046 35,046 8,631 700 26,415 Fire Truck Refunding - Debt Service Levy 4/17/2017 3.0000%_ 2030 951,500 704,600 72,100 21,138 632,500 Fire Station #2 ST20 20 yr Refund 2014E 6/2/2021 2.0000% 2034 85,217 85,217 4,051 1,696 81,166 Park Imp ST20 20 yr Refund 2014B 6/2/2021 2.0000% 2034 124,780 124,780 5,932 2,483 118,848 Fire Ambulance Replacement 4/17/2017 3.0000% 2030 230,000 170,000 15,000 5,100 155,000 Fire Structural Repairs 5&6/Quick Pump - FY19 6/20/2019 3.0000% 2039 1 448,875 448,875 13,466 448,875 Fire Ladder/Pumper/ HVAC FY21 6/2/2021 2.0000% 2041 810,153 810,153 22,075 16,158 788,078 Fire Ladder & Pumper -FY22 Future 3.1500% 2042 1,582,154 - - 8,329 1,582,154 Franchise Fee Settlement Judgment Bond 4/4/2016 2.9326% 2035 2,830,000 2,175,000 135,000 62,206 2,040,000 GDTIF Kepharrs Building - Refunding 4/4/2016 2.9127% 2023 200,000 60,000 30,000 1,800 30,000 GDTIF Library Renovation - Refunding 4/4/2016 2.9127% 2023 1,275,000 395,000 195,000 11,850 200,000 GDTIF Colts Building Renovation 6/20/2019 3.0000% 2039 1,575,000 1,575,000 65,000 47,250 1,510,000 GDTIF - Parks Jackson/Clock Non -Taxable - FY21 6/2/2021 2.0000% 2041 535,000 535,000 - 10,670 535,000 GDTIF - DT Parking Ramp - FY21 6/2/2021 2.0000% 2036 880,167 880,167 - 17,554 880,167 GDTIF Eng Dock Expansion - FY21 6/2/2021 2.0000% 2036 409,833 409,833 - 8,174 409,833 GDTIF DT Parking Ramp - FY22 Future 3.1500% 2042 4,050,000 - - 21,321 4,050,000 GDTIF Docks/Prop Acquisition - FY22 Future 3.1500% 2042 1,300,0001 6,844 1,300,000 GDTIF Downtown Housing Refunding 4/17/2017 3.0000% 2030 2,120,000 1,605,000 150,000 50,755 1,455,000 GDTIF Millwork District Refunding 4/17/2017 3.0000% 2030 2,080,000 1,540,000 150,000 46,200 1,390,000 GDTIF - 7th St/2-Way Conversion 2012E Refunding 6/2/2021 2.0000% 2031 3,204,576 3,204,576 285,593 63,913 2,918,983 GDTIF -Intermodal2012ARefunding 6/2/2021 2.0000% 2031 2,545,000 2,545,000 225,000 50,759 2,320,000 GDTIF 5th St Restroom/MFC 2012H Refunding 6/2/2021 2.0000% 2032 1,254,420 1,254,420 102,212 25,019 1,152,208 GDTIF MCIC/ADA ED Refunding 2012F 6/2/2021 2.0000% 2031 140,000 140,000 140,000 2,792 - GDTIF Wash Neigh Refunding 2012C Taxable 6/2/2021 2.0000% 2032 493,592 493,592 40,328 9,844 453,264 GDTIF 2014C Taxable Refunding 6/2/2021 2.0000% 2034 5,385,000 5,385,000 360,000 107,401 5,025,000 GDTIF 2014B Refunding 6/2/2021 2.0000% 2034 155,000 155,000 10,000 3,091 145,000 Library Improvements - Sales Tax 20% 6/20/2019 3.0000% 2022 39,408 30,422 4,622 1,371 25,801 Library Improvements Sales Tax 20% Ref 2012E 6/2/2021 2.0000% 2027 1 84,526 84,526 13,740 1,,6881 70,786 Park Improvements - Gaming Refunding 2012E 6/2/2021 2.0000% 2022 1 44,400 44,400 22,200 8871 22,200 Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee��e Ra}u P.vmnnf rAn/71 PY 7n77 Pv 7n77 R/an/77 Park Improvements Sales Tax 20 % Refunding 2012E 6/2/2021 2.0000% 2022 22,136 22,136 22,136 442 - Park Improvements - Sales Tax 20% 6/20/2019 3.0000% 2027 47,290 36,507 5,546 1,645 30,961 Park Water System Study Refunding 4/17/2017 3.0000% 2030 60,000 44,400 4,500 1,332 39,900 Park Ham House - Sales Tax 20 % 4/4/2016 2.7896% 2035 200,668 156,176 9,080 4,253 147,096 Park Skate Park (FY 19) 6/20/2019 3.0000% 2027 613,524 463,710.00 74,907.00 13,911.30 388,803.00 Parking Port of Dubuque Parking Ramp 3/19/2018 3.0464 % 2026 373,553 247,177.00 46,462.00 7,522.00 200,715.00 Parking Central Ave Ramp Refunding 4/17/2017 3.0000% 2030 6,380,000 4,550,000 505,000 136,500 4,045,000 Parking Iowa Street Ramp Improvements 3/19/2018 2.9050% 2031 45,516 36,594.00 3,117.00 1,066.68 33,477.00 Parking Locust Ramp Security Cameras 6/20/2019 3.0000% 2033 126,054 106,626 9,729.73 2,886.49 96,896 Parking Improvements Refunding 2014B 6/2/2021 2.0000% 2034 125,000 125,000 10,000 2,493 115,000 Parking Improvements Taxable Refunding 2014C 6/2/2021 2.0000% 2034 220,000 220,000 15,000 4,388 205,000 Police Software Replacement - Refunding 2012E 6/2/2021 2.0000% 2032 75,600 75,600 37,800 1,510 37,800 Police CAD Software - Gaming Refunding 2014B 6/2/2021 2.0000% 2030 160,000 160,000 15,000 3,191 145,000 Public Works Equipment ST30 Refund 2014E 6/2/2021 2.0000% 2022 45,000 45,000 45,000 899 - Public Works Equip Refunding 4/17/2017 3.0000% 2030 392,000 290,200 29,700 8,706 260,500 Public Works Radio Replacement - FY18 3/19/2018 2.9077 % 2028 110,000 77,802 10,732 2,227 67,070 PW Curb Ramp/Engineering Street Improv Ref 2014E 6/2/2021 2.0000% 2034 885,000 885,000 55,000 17,650 830,000 Recreation Improvements - Sales Tax 20 % 6/20/2019 3.0000% 2022 4,082 1,362 1,362 404 (0) Recreation Improvements ST20 10 yr refund 2014B 6/2/2021 2.0000% 2025 51,545 51,545 12,695 1,029 38,850 Rec Improvements Sales Tax 20 % Refunding 2012E 6/2/2021 2.0000% 2028 7,572 7,572 1,050 151 6,522 Sanitary Improvements Refunding 4/17/2017 3.0000% 2030 660,000 490,000 50,000 14,700 440,000 Sanitary Sewer improvements 3/19/2018 2.9050% 2031 1,030,009 828,132.00 70,548.00 24,138.00 757,584.00 Sanitary Forcemain Refunding 2012E 6/2/2021 2.0000% 2032 376,122 376,122 34,096 7,501 342,026 Sanitary Sewer Improvements 6/20/2019 3.0000% 2033 1,124,412 978,699 77,838 23,092 900,861 Sanitary Sewer Improvements Refunding 2014B 6/2/2021 2.0000% 2034 4,390,000 4,390,000 300,000 87,556 4,090,000 Sanitary Sewer Improvements 4/4/2016 2.7896% 2035 2,405,000 1,875,000 115,000 51,006 1,760,000 Solid Waste Collection Refunding 4/17/2017 3.0000% 2030 51,300 38,000 3,900 1,140 34,100 Solid Waste Collection 3/19/2018 2.9050% 2031 27,447 22,068.00 1,880.00 644.00 20,188.00 Solid Waste Collection - FY22 Future 3.1500 % 2042 175,000 921 175,000 Stormwater Refunding 4/4/2016 2.9127% 2028 6,270,000 3,040,000 640,000 91,200 2,400,000 Stormwater Sales Tax Revenue - GO 5/19/2014 3.2309% 2029 7,190,000 7,190,000 323,100 7,190,000 Stormwaterimprovements Refunding 4/17/2017 3.0000% 2030 2,015,000 1,475,000 155,000 44,250 1,320,000 Stormwater Improvements 3/19/2018 2.9050% 2031 1,714,542 1,378,499.00 117,434.00 40,180.00 1,261,065.00 Stormwater Improvements Refunding 2012B 6/2/2021 2.0000% 2031 1,115,424 1,115,424 99,407 22,247 1,016,017 Stormwater Improvements Refunding 2012E 6/2/2021 2.0000% 2032 77,131 77,131 6,992 1,538 70,139 Stormwater Improvements 6/20/2019 3.0000% 2033 290,796 251,939 19,459 5,773 232,480 Stormwater Upper Bee Branch & Sponsor SRF GO 4/30/2021 2.0000% 2037 20,426,262 20,426,262 1,176,000 298,469 19,781,398 Streetlight Replacement Refunding - ST 4/17/2017 3.0000% 2030 4,900 3,700 400 ill 3,300 Street FEMA Land Buyout - Gaming 6/20/2019 3.0000% 2027 64,901 50,815 8,465 2,511 42,351 Street Fiber/Sidewalk/Lights Refunding RUT 4/17/2017 3.0000% 2030 258,600 191,600 19,600 5,748 172,000 Street Southwest Arterial 3/19/2018 2.9050% 2031 771,557 620,336.00 52,846.00 18,082.00 567,490.00 Street Southwest Arterial - Refunding 2012E 6/2/2021 2.0000% 2032 1 827,747 827,747 48,467 16,5041 779,280 Transit Radio Replacement- FY18 3/19/2018 2.9077% 2028 95,000 67,196 9,268 1,923 57,928 Transit Midtown Transfer -FY19 6/20/2019 3.0000% 2039 216,125 216,125 6,484 216,125 Transit Vehicle Replacement- FY21 6/2/2021 2.0000% 2041 780,609 780,609 21,270 15,569 759,339 Water System Improvements 3/19/2018 2.9050% 2031 1,155,930 929,373.00 79,173.00 27,090.00 850,200.00 Water Improv Refunding 2012E 6/2/2021 2.0000% 2032 369,768 369,768 33,520 7,374 336,248 Water System Improvements 6/20/2019 3.0000% 2033 1,323,107 1,153,1061 92,4321 27,422 1,060,674 Water System Improvements Refunding 2014B 6/2/2021 2.0000% 2034 7,470,000 7,470,0001 510,000 148,985 6,960,000 Water System Improvements 4/4/2016 2.7896% 2035 635,000 495,000 30,000 13,488 465,000 Total General Obligation Bonds 123,310,864 100,502,810 7,718,694 2,424,919 100,422,407 Tax Increment Port of Dubuque Parking Ramp (GDTIF) 10/16/2007 7.5000 % 2037 23,025,000 18,395,000 635,000 1,379,625 17,760,000 Total Tax Increment Bonds 1 23,025,000 18,395,000 635,000 1,379,625 17,760,000 40 Main (GDTIF) 8/6/2009 2020 690,529 46,030 46,030 2,855 - Total Tax Increment Notes 690,529 46,030 46,030 2,855 - Total Tax Increment 23,715,529 r 18,441,030 681,030 1,382,480 17,760,000 Tax Increment Economic Development TIF Rebate Agreements Medline (DICW) 11/19/2007 Rebate 2019 1,600,279 - 150,680 - 150,680 Hodge (DICW) 4/6/2020 Rebate 2035 32,795 32,795 31,111 - 31,111 Faley Properties (DICW) 2/7/2011 Rebate 2022 904,638 101,121 101,121 - - Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee��n Rain P.-M lec„n R/3n/71 FV 7n77 Fv 7n77 R/an/77 Green Industrial Supply (DICW) 8/15/2011 Rebate 2023 2,908,812 337,4621 168,731 - 168,731 Tri-State Quality Metals (DICW) Non -Appropriation 3/17/2014 Rebate 2026 32,510 59,452 59,452 - 59,452 Roasting Solutions (DICW) Non -Appropriation 1/14/2016 Rebate 2028 33,666 51,351 51,351 - 51,351 Rite Hite(DICW) Non -Appropriation 1/14/2017 Rebate 2030 24,190 72,555 76,210 - 72,555 Hormel Foods (DICW)(100% 2021/40% 2026) 4/21/2008 Rebate 2026 8,250,067 3,168,920 633,784 - 2,535,136 Victory Cafe 756 Main St. (GDTIF) 6/21/2010 Rebate 2022 87,053 6,341 6,341 - - Flexsteel(GDTIF) 4/18/2011 Rebate 2024 1 2,020,572 563,862 187,954 - 375,908 The Rose (Lake Ridge) 9/26/2011 Rebate 2024 136,014 53,445 17,815 - 35,630 Linseed Oil (GDTIF) Multi -Res 3/7/2013 Rebate 2030 576,504 146,720 18,340 - 128,380 Rousselot (GDTIF) (Non -Appropriation) 1/22/2013 Rebate 2025 4,931 13,243 13,243 - 13,243 METX- Lamar Building (GDTIF)(Non-Appropriation) 10/12/2017 Rebate 2031 75,660 71,982 71,982 - 71,982 Marquette Hall (Non -Appropriation) 5/20/2019 Rebate 2031 9,170 8,690 8,690 - 8,690 3 Amigos (Non -Appropriation) 4/15/2019 Rebate 2031 2,516 2,306 2,306 - 2,306 210 Jones (Non -Appropriation) 6/19/2017 Rebate 2031 10,348 9,739 9,739 - 9,739 Dimensional Brewing (Non -Appropriation) 8/6/2018 Rebate 2023 10,678 10,055 10,055 - 10,055 Prairie Farms Dairy (Non -Appropriation) 3/18/2019 Rebate 2031 5,626 5,347 5,347 - 5,347 Julien Hotel(GDTIF) 4/21/2008 Rebate 2026 3,260,286 1,065,385 213,077 - 852,308 44 Main (GDTIF) Multi -Res 10/18/2010 Rebate 1 2027 446,7991 147,378 24,563 - 122,815 Barker Financial (GDTIF) Multi -Res 8/16/2010 Rebate 2027 297,282 56,487 15,525 - 40,962 253 Main St. (GDTIF) (Non -Appropriation) 4/6/2015 Rebate 2027 5,798 3,226 3,226 - 2,223 Spahn and Rose (GDTIF)(Non-Appropriation) 4/21/2014 Rebate 2027 108,221 101,325 101,325 - 101,325 Franklin Investment -Multires (GDTIF) 4/4/2011 Rebate 2028 437,225 156,760 31,405 - 125,355 Plastic Center Betty Jane Block (GDTIF) 2/7/2011 Rebate 2028 148,957 33,003 8,268 - 24,735 Caradco (GDTIF) Multi -Res 3/21/2011 Rebate 2028 1,499,442 677,024 114,116 - 562,908 Bonson 356 Main St. (GDTIF) Multi -Res 12/19/2011 Rebate 2028 152,286 39,549 8,320 - 31,229 Roshek Building (GDTIF) (Non -Appropriation) 2/17/2009 Rebate 2030 5,149,852 282,250 282,250 - 282,250 Novelty Iron Works (GDTIF) (Non-Approp)Multi-Res 6/17/2013 Rebate 2031 33,105 165,397 165,397 - 156,208 Smokestack (GDTIF) (Non-Approp) 6/17/2018 Rebate 2022 1,623 746 746 - - Rockfarm Holdings (TECH) Non -Appropriation 10/7/2014 Rebate 2027 42,301 39,184 39,184 39,184 Total TIF Rebates 28,309,206 7,483,100 2,631,654 - 6,071,798 General Funded Leases Various Various On -going 194,160 155,000 100,000 Other Loans - Revenue Backed Bowling & Beyond Lease Buyout (GDTIF) 10/15/2012 Lease Buyout 2032 1,000,000 550,000 50,000 - 500,000 Iowa Finance Authority Loan - Caradco 12/1/2010 3.0000 % 2030 4,500,000 3,198,363 224,974 93,958 2,973,389 Total Other Lns-Rev Backed 5,500,000 3,748,363 274,974 93,9581 3,473,389 Total City Indebtedness Subject to Debt Limit 181,029,759 111,334,110 1 11,306,352 3,901,356 109,522,364 Revenue Bonds Parking Bricktown Parking Lot 7/21/2008 5.00% 2023 400,000 88,787 34,205 4,017 54,582 Sanitary Northfork Catfish Improvements SRF 1/13/2010 3.25% 2031 912,000 483,000 47,000 15,697 436,000 Sanitary Water& Resource Recovery Upgrade SRF 8/18/2010 3.25% 2039 74,285,000 55,423,000 2,588,000 1,108,459 52,835,000 Sanitary WRRC Cogeneration SRF 5/17/2013 2.00% 2033 3,048,000 1,972,000 147,000 39,440 1,825,000 Sanitary Kerper Boulevard & Sponsor SRF 3/8/2019 1.00 % 2038 2,763,000 2,285,537 125,000 22,905 2,275,907 Sanitary Projects Planning - FY21 SRF Future 2.0000% 2043 1,480,000 14,482 - - 1,480,000 Sanitary Projects -FY22 Future 2.0000% 2042 1,231,000 1,231,000 Sanitary Projects- FY22 Future 2.0000% 2042 5,170,303 - 17,282 5,170,303 Stormwater Lower Bee Branch Restoration SRF 10/27/2010 3.25% 2041 7,850,000 6,013,000 218,000 195,422 5,795,000 Stormwater Lower Bee Branch SRF- Estimated 9/1/2014 2.00% 2034 1,029,000 217,000 16,000 4,340 201,000 Stormwater Northfork Catfish Improv. SRF 1/13/2010 3.25% 2031 800,000 423,000 41,000 13,748 382,000 Stormwater Sales Tax Increment Revenue Bond 6/15/2015 3.72% 2031 20,800,000 20,800,000 - 762,650 20,800,000 Stormwater Upper Bee Branch RR SRF 6/7/2019 2.00% 2040 16,382,000 12,154,573 688,000 305,951 15,020,000 Stormwater West 32nd Detention Basin SRF 1/14/2009 3.25% 2028 1,847,000 778,000 101,000 25,285 677,000 Water Roosevelt Water Tower SRF 8/9/2019 2.00% 2040 4,400,000 4,214,000 185,000 84,381 4,034,000 Water CIWA Purchase & Improvements 7/7/2017 2.00% 2036 10,198,000 6,546,761 501,000 172,920 7,075,761 Water- CIWA Contract Purchase 12/28/2016 3.00% 2022 51000,000 1,000,000 1,000,000 30,000 - Water -Clear Well Reservoirs SRF 10/18/2007 1 3.25% 1 2028 1 915,0001 387,0001 50,0001 7,7391 337,000 Date Average Yearof Amount Principal Principal Interest Principal Description of Interest Final of Outstanding Due Due Outstanding lee„n Rafn P.vmnnf Rl'int?i FV 2n,, FV 7n77 FUM127 Water Meter Change Out Program SRF 2/12/2010 3.25% 2031 6,394,000 3,674,0001 317,000 119,502 3,357,000 Water System Improvements & Ext. 11/4/2008 4.71 % 2023 1,195,000 215,000 105,000 10,698 110,000 Water System Improvements & Ext. 8/16/2010 3.54 % 2030 5,700,000 3,610,000 250,000 137,250 3,360,000 Total Revenue Bonds 171,799,303 120,299,140 6,413,205 3,077,686 126,456,553 Total City Indebtedness 352,829,062 250,585,043 17,719,557 6,979,042 254,284,147 Statutory Debt Limit 239,298,248 241,616,084 of Debt Limit Used 46.53 % 45.33 Remaining Debt Capacity 127,964,138 132,093,720 Attachment D Switch Homes Housing Urban Renewal Area Dated May 30, 2023 District Boundary Description The District shall include the following described area: Mozena Farm South in the City of Dubuque, Iowa, according to the Plat recorded as Instrument #2005-17498, records of Dubuque County, Iowa, and all of the adjacent right of way of West 32nd Street and all of the adjacent right of way of Northwest Arterial; and Lot 2 of "Dondelinger Place" in the City of Dubuque, Iowa, according to the recorded Plat thereof, and all of the adjacent right of way of West 32nd Street All in the City of Dubuque, Iowa MINUTES CONSULTATION WITH AFFECTED TAXING BODIES for the URBAN RENEWAL PLAN 2023.1 for the Switch Homes Housing Urban Renewal Area: Tuesday June 13, 2023 at 2:00 p.m. GoToMeeting Conference Line Conference Line: (872) 240-3311 Access Code: 424-156-637 Meeting Commenced: 2:00 p.m. Present: No representatives from the taxing bodies were in attendance. Meeting Adjourned: 2:30 p.m. Jill M. Connors Economic Development Director, City of Dubuque THE CITY OF DuB TE Masterpiece on the Mississippi Dubuque Planning Services Department kyyCity Hall - 50 West 131" Street I-A"pi Dubuque, IA 52001-4845 I I I (563) 589-4210 phone (563) 589-4221 fax 2007•2012•2013 (563) 690-6678 TDD 2017*2019 plan ning(a)cityofdubug ue.org June 22, 2023 The Honorable Mayor and City Council City of Dubuque 50 W. 13t" Street Dubuque, IA 52001 SUBJECT: Creation of the Switch Homes Housing Urban Renewal District Dear Mayor and City Council Members: Introduction The Long Range Planning Advisory Commission has reviewed the proposed Urban Renewal Plan for the Switch Homes Housing Urban Renewal District for consistency with the 2017 Imagine Dubuque Comprehensive Plan in accordance with Section 15-2-13G of the City Code. This review took place at a regular meeting of the Commission on June 21, 2023. Background On June 5, 2023, the City Council approved a Resolution of Necessity finding that the proposed area was an economic development area and appropriate for urban renewal activities. Staff prepared an Urban Renewal Plan for the area as per the directive of the City Council. State Code requires the planning commission of a community to review the proposed plan and make a recommendation to the City Council. Ian Hatch, Assistant Economic Development Director, attended the Long Range Planning Advisory Commission meeting and presented information provided by Jill Connors, Economic Development Director, for the proposed plan for the Switch Homes Housing Urban Renewal District. Discussion The Switch Homes Housing Urban Renewal Area will be an urban renewal area which allows the City of Dubuque to capture tax increment revenue from improvements made in the area in order to promote economic development activities. The area will be created primarily to facilitate residential development and related infrastructure improvements. This proposed creation of the Switch Homes Housing Urban Renewal Area will allow the City of Dubuque to capture tax increment revenue from improvements made in the area. The City intends to use a portion of these captured funds to reimburse itself for certain public infrastructure improvements required under a Development Agreement by and between the City of Dubuque, Iowa and Switch Homes of Dubuque, LLC. The property is owned by the Switch Homes of Dubuque, LLC and is currently zoned R-1 (Single family Residential) and R-4 (Multi -Family Residential), which is in alignment with the Service People Integrity Responsibility Innovation Teamwork proposed residential development. It is appropriate to consider this property as part of the City of Dubuque's Urban Renewal Program. Ian Hatch outlined the ways the proposed urban renewal plan aligns with the Comprehensive Plan, including: • "Foster partnerships with private and non-profit housing developers to provide affordable, quality housing units." • "Foster the development of new and additional housing products in suitable locations throughout the City." The Commission reviewed the Urban Renewal Plan and found it to be consistent with the 2017 Imagine Dubuque Comprehensive Plan. Recommendation Commission member Ward abstained from the vote. By a vote of 4-0-1, the Commission recommends approval of the Urban Renewal Plan for the creation of the Switch Homes Housing Urban Renewal District, as it is consistent with the 2017 Imagine Dubuque Comprehensive Plan. Respectfully submitted, Alan Vincent, Chairperson Long Range Planning Advisory Commission cc: Jill Connors, Economic Development Director Service People Integrity Responsibility Innovation Teamwork Prepared By Jill Connors, ED City of Dubuque 50 W. 1311 St. Dubuque IA 52001 (563) 589-4393 Return To: Adrienne N. Breitfelder, City Clerk City of Dubuque 50 W. 13t" St. Dubuque, iA 52001 (563) 589-4121 RESOLUTION NO. 219-23 APPROVING THE URBAN RENEWAL PLAN FOR THE SWITCH HOMES HOUSING URBAN RENEWAL AREA Whereas, by Resolution 177-23 on June 5, 2023, the City Council of the City of Dubuque, Iowa authorized the preparation of an Urban Renewal Plan (the "Plan") for the Switch Homes Housing Urban Renewal Area (the "Area"); and Whereas, the City of Dubuque's primary objective for the Plan is to provide public improvements related to housing and residential development and provide housing opportunities, including assistance for low and moderate income family housing, which will further economic development purposes and objectives as described in the Plan in the Area; and Whereas, a consultation process has been undertaken with affected taxing entities in accordance with Chapter 403 of the Code of Iowa with no written objections or recommended changes to the Amended and Restated Plan received; and Whereas, the City Council, in accordance with Chapter 403 of the Code of Iowa, has held a public hearing on the proposed Plan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1, That the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area, on file in the City Clerk's Office and made reference to herein, is hereby approved. Section 2. That the City Clerk of the City of Dubuque, Iowa is hereby authorized and directed to file a certified copy of this Resolution in the office of the Dubuque County Auditor. Passed, approved and adopted this 5th day of July, 2023. ad M. v n Ca a agh Mayor Attest: Adrienne N. BreitFe! er City Clerk 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: 06/23/2023 and for which the charge is 53.75 Sub /cribed to before me, a Notary Publi and for Dubuque County, Iowa, this 26th day of June, 2023 i< - po'j- k— Notary P 11 in and for Dubuque Uunty, Iowa. pu{ $ JANET K. PAPE zr r Commission Number 199659 My Commission Expires ,Q�� 1211112025 Ad text: CITY OF DUBUQUE, IOWA OFFICIAL NOTICE PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will hold a public hearing on the 5th day of July, 2023, at 6:30 p.m. in the Historic Federal Building, 350 W. 6th Street, 2nd floor, Dubuque, Iowa. At said meeting the City Council will consider a proposed Urban Renewal Plan (the Plan) for the Switch Homes Urban Renewal Area (the Area). 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.corrVAgeiidaPublic/ or by contacting the City Clerk's Office at 563-589-4100, ctyclerk@cityofdubttque.org. The Plan for the Switch Homes Housing Urban Renewal Area is proposed to assist local officials promote housing and residential development in the City of Dubuque ("the City"). The primary goal of the Plan is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by the Iowa Code Section 403.17(12). The proposed Plan, if approved, would include public improvements related to housing and residential development within public rights -of -way and project activities that may be undertaken in order to achieve the objectives of the Plan. The Switch Homes Housing Urban Renewal Area is legally described as follows: Mozena Farm South in the City of Dubuque, Iowa, according to the Plat recorded as Instrument #2005-17498, records of Dubuque County, Iowa, and all of the adjacent right of way of West 32nd Street and all of the adjacent right of way of Northwest Arterial; and Lot 2 of "Dondelinger Place" in the City of Dubuque, Iowa, according to the recorded Plat thereof, and all of the adjacent right of way of West 32nd Street all in the City of Dubuque, Iowa Under- the Plan, it is expected that a portion of the available tax increment revenues generated within the Area, equal in amount to at least 38.1 %, are to be used for purposes of providing assistance to low- and moderate -income housing in the community at large. 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. Written comments regarding the proposed Plan may be submitted to the City Clerks Office on or before said time of public hearing. Copies of supporting documents for the public hearing are on file in the City Clerk's Office, 50 W. 13th Street, and may be viewed during normal working hours. Agendas can be accessed at hops://www.cityoI'dubuquc.org/Agenclis. Individuals with limited English proficiency, vision, hearing or speech impairments or requiring special assistance should contact the City Clerk's Office at (563) 589-4100, TDD/1 TY (563) 690-6678, ctyclerk Ca 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 5th day of June, 2023, Adrienne N, Breitfelder, City Clerk Adrienne Breitfelder From: Adrienne Breitfelder Sent: Monday, July 10, 2023 2:30 PM To: Kevin Dragotto Cc: Jill Connors; Ian Hatch Subject: City of Dubuque Switch Homes Urban Renewal Area Attachments: Resolution No. 219-23 Approving the UR Plan for Switch Homes.pdf Hello Kevin, Attached is a certified copy of City of Dubuque Resolution No. 219-23 Approving the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area. Thank you, Adrienne Adrienne Breitfelder, CMC (shelher) THE CIUBQTE City Clerk I City of Dubuque D City Hall 150 W. 13th Street Dubuque, Iowa 52001 0: 563-589-4121 1 C: 563-581-6473 Masterpiece an the Mississippi O 0 0 0 0 Prepared By Jill Connors, ED City of Dubuque 50 W. 1311 St. Dubuque IA 52001 (563) 589-4393 Return To: Adrienne N. Breitfelder, City Clerk City of Dubuque 50 W. 13t" St. Dubuque, IA 52001 (563) 589-4121 RESOLUTION NO. 219-23 APPROVING THE URBAN RENEWAL PLAN FOR THE SWITCH HOMES HOUSING URBAN RENEWAL AREA Whereas, by Resolution 177-23 on June 5, 2023, the City Council of the City of Dubuque, Iowa authorized the preparation of an Urban Renewal Plan (the "Plan") for the Switch Homes Housing Urban Renewal Area (the "Area"); and Whereas, the City of Dubuque's primary objective for the Plan is to provide public improvements related to housing and residential development and provide housing opportunities, including assistance for low and moderate income family housing, which will further economic development purposes and objectives as described in the Plan in the Area; and Whereas, a consultation process has been undertaken with affected taxing entities in accordance with Chapter 403 of the Code of Iowa with no written objections or recommended changes to the Amended and Restated Plan received; and Whereas, the City Council, in accordance with Chapter 403 of the Code of Iowa, has held a public hearing on the proposed Plan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the Urban Renewal Plan for the Switch Homes Housing Urban Renewal Area, on file in the City Clerk's Office and made reference to herein, is hereby approved. Section 2. That the City Clerk of the City of Dubuque, Iowa is hereby authorized and directed to file a certified copy of this Resolution in the office of the Dubuque County Auditor. Passed, approved and adopted this 5th day of July, 2023. ad M. Cavanagh Mayor Attest: ;11�� , A-1�64�4 Adrienne N. Breiifel er City Clerk CERTIFICATE of the CITY CLERK STATE OF IOWA } } SS: COUNTY OF DUBUQUE } I, Adrienne N. Breitfelder, City Clerk, do hereby certify that I am the duly appointed, qualified, City Clerk of the City of Dubuque, Iowa, in the County aforesaid, and as such 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 Resolution No. 219-23 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 at Dubuque, Iowa, on this 10th day of July, 2023. aw?�� A, i", — Adrienne N. Breitferder, City Clerk