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Setting a Public Hearing to approve the Dubuque Urban Revitalization Plan Amendment 1_InitiateCity of Dubuque City Council Meeting Copyrighted February 5, 2024 Items to be set for Public Hearing # 05. ITEM TITLE: Setting a Public Hearing to approve the Dubuque Urban Revitalization Plan Amendment 1 SUMMARY: City Manager recommending City Council set a public hearing on February 19, 2024, for the Dubuque Urban Revitalization Plan Amendment 1. RESOLUTION Setting a public hearing to amend the Dubuque Urban Revitalization Area Plan SUGGESTED Receive and File; Adopt Resolution(s), Set Public Hearing for February DISPOSITION: 19, 2024Suggested Disposition: ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo Resolution Setting Hearing and Publication Resolutions Amended Plan - Redlined Supporting Documentation THE C Dubuque DUjIBQTE WAWca 914 Masterpiece on the Mississippi YP pp aoo�•o 13 zai7*20*�oi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Public Hearing & Approval of Dubuque Urban Revitalization Plan Amendment 1 DATE: February 1, 2024 Housing & Community Development Director Alexis Steger is recommending City Council set a public hearing on February 19, 2024, for the Dubuque Urban Revitalization Plan Amendment 1. 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 Rick Dickinson, Greater Dubuque Development President and CEO 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: January 29, 2024 RE: Public Hearing & Approval of Dubuque Urban Revitalization Plan Amendment 1 Introduction This memorandum presents information necessary for the February 191", 2024, public hearing regarding the proposed Dubuque Urban Revitalization Plan Amendment 1. Background In October 2022, the City Council approved housing incentives, such as the designation of Urban Revitalization Districts, to increase the number of housing units in the city. The city is projected to have a housing shortage of over 1,100 units unless the rate of new housing developments significantly increases. The incentives approved by the City Council aim to increase the number of available housing units to decrease this shortage. The Dubuque Urban Revitalization Area was a consolidation of several urban revitalization districts in 2019. The area is congruent with the CDBG low/mod area census tracts and was created/consolidated to incentivize the rehabilitation of housing in the area. This urban revitalization district does not incentivize new construction but does incentivize rehabilitation and change of use in existing buildings. Discussion The plan is being updated to reflect legislative changes made to the assessment property type. Multifamily residential is no longer a property type and is being removed from this plan. The Urban Revitalization Plan allows 100% abatement for up to 10 years for residential rehabilitation and 100% abatement for up to 3 years for Commercial rehabilitation. This amendment also updates the plan to remove the sunset after 10 years, as the legislation no longer requires a sunset for revitalization areas. The area can be removed at any time the desired amount of rehabilitation in the area has been met. Iowa legislation changed Iowa Code Chapter 404 since the adoption of the Alta Vista Urban Revitalization Plan. The changes no longer allow for the 100% abatement of all property taxes imposed, and instead require the school tax portion be paid on the entire value of the property. This change decreases the amount of benefit for rehabilitations completed in this area. Unfortunately, the maximum amount of benefit allowable in Chapter 404 is already offered in this district, so the city is unable to offset this decrease in benefit for this area. The change is in effect for all improvements made in an Urban Revitalization District starting January 1, 2024. The city will continue to evaluate all urban revitalization districts for expansion, as well as opportunities to designate new revitalization areas to incentivize housing development. The city requires an additional 1,100 units over the next five years, and the incentives provided by urban revitalization tax abatement has helped the city meet some of this need. Chapter 404 provides for a public comment period prior to amending an urban revitalization plan. Therefore, city staff is requesting a public hearing be set for February 19, 2024, to adopt the amended plan. Recommendation I respectfully request the City Council hold a public hearing on February 19, 2024, to consider the amended plan as provided. Cc: Crenna Brumwell, City Attorney Wally Wernimont, City Planner Jill Connors, Economic Development Director Prepared by Crenna Brumwell 300 Main Street Suite 330 Dubuque IA 52001 563 583-4113 RESOLUTION NO. 28-24 A RESOLUTION SETTING A PUBLIC HEARING TO AMEND THE DUBUQUE URBAN REVITALIZATION AREA PLAN WHEREAS, the City Council finds that rehabilitation of housing and residential development, including single or multifamily housing in this location is appropriate and necessary in the interest of the welfare of the residents of the City, and the property substantially meets the criteria for Urban Revitalization according to Section 404.1 of the Code of Iowa; and WHEREAS, the City Council wishes to amend the Dubuque Urban Revitalization Area Plan to add relevant changes made to Iowa Legislation in Chapter 404 of the Code of Iowa; and WHEREAS, the Iowa Code requires a public hearing to amend an Urban Revitalization Area Plan. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City Clerk is directed to publish notice of a public hearing on the adoption of an amended Urban Revitalization Plan for the Dubuque Urban Revitalization Area to be held on February 19th, 2024, at 6:30 p.m. in the Historic Federal Building in Dubuque, Iowa, 350 W. 6T" Street, Dubuque, Iowa and that said notice shall generally identify the area covered by the Plan and the general scope of the Urban Revitalization Plan activities planned for such area. Passed and approved this 5th day of February, 2024. Brad M.ICava na� ayor Attest: Adrienne N. Breitfelder, City Clerk NOTICE OF PUBLIC HEARING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA, ON THE ADOPTION OF AN AMENDED URBAN REVITALIZATION PLAN FOR THE DUBUQUE URBAN REVITALIZATION AREA PUBLIC NOTICE is hereby given that the Dubuque City Council will conduct a public hearing on the 19th day of February, 2024, at 6:30 p.m., in the Historic Federal Building, 350 W. 6th Street, 2nd floor, Dubuque, Iowa, at which meeting the City Council proposes to take action on the adoption of an amended urban revitalization plan for the Dubuque Urban Revitalization (the "Plan") under the authority of Chapter 404, Code of Iowa, as amended. The property which comprises the revitalization area within which the Plan shall be applicable consists of only properties located within the Dubuque Urban Revitalization Area. This area includes all low -mod income census tracts in the downtown, north end and bluff area. Chapter 404, Code of Iowa, as amended, and the Plan authorize the City to provide property tax exemptions for property on which improvements have been made. At the meeting, the City Council will receive in -person and virtual 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://cityofdubugue.novusagenda.com/AgendaPublic/ or by contacting the City Clerk's Office at 563-589-4100, ctyclerk@cityofdubuque.org. At said time and place of public hearings all interested citizens and parties will be given an opportunity to be heard for or against said proposal. 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 received by the City Clerk's Office before said time of public hearing. 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, TDD (563) 690-6678, 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 51h day of February 2024. Adrienne N. Breitfelder, City Clerk Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 Dubuque Urban Revitalization Plan 1.0 INTRODUCTION The following plan describes certain provisions of the Iowa Urban Revitalization Act and proposes the establishment of the Dubuque 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 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 appropriated as an economic development region as defined in Iowa Code 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 Dubuque Urban Revitalization Plan will be based upon an area challenge by the presence of a deteriorated or deteriorating structures and the need for preservation and restoration of buildings due to their age, history, and architecture or significance. 2.0 THE AREA Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 2.1 Location Exhibit A identifies the location of the Revitalization District. The area is generally composed of the following census block groups: Tract 1* GroupCensus Block 1* 1 2 1 3 11.02 1 11.02 2 3 1 3 2 4 1 4 2 5 1 5 2 5 3 5 4 6 2 7.01 1 7.01 2 7.02 1 7.02 2 7.02 3 7.02 4 *only a portion The Dubuque Urban Revitalization District boundary is described as: Beginning at its point of origin at the southwest corner of Central Avenue and Kaufmann Avenue, then proceeding westerly along Kaufmann Avenue to its intersection with Kane Street, then proceeding northwesterly along Kane Street to its intersection with Primrose Street, then proceeding northerly along Primrose Street to its intersection with Burlington Avenue, then proceeding northwesterly along Burlington Avenue to its intersection with National Street, then proceeding northeasterly along National Street to its intersection with Davenport Street, then proceeding northwesterly along Davenport Street to its intersection with Stoltz Street, then proceeding northeasterly along Stoltz Street to its intersection with Lemon Street, then proceeding northwesterly along Lemon Street to its intersection with 32nd Street, then proceeding northeasterly along 32nd Street to its intersection with Central Avenue/Highway 52, then proceeding northwesterly along Central Avenue/Highway 52 to its intersection with Aquin Street, then proceeding northeasterly along Aquin Street to its intersection with Jackson Street, then proceeding southeasterly along Jackson Street to its intersection with West 32nd Street, then proceeding northeasterly along West 32nd Street until it becomes Peru Road, then proceeding northeasterly along Peru Road to its intersection with Sheridan Road, then proceeding easterly then southerly along Sheridan Road to its intersection with Davis Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 Street, then proceeding easterly along Davis Street to its intersection with Windsor Avenue, then proceeding southerly along Windsor Avenue to its intersection with Hennepin Street, then proceeding easterly along Hennepin Street to its intersection with Stafford Street, then proceeding southerly along Stafford Street to its intersection with Pleasant Street, then proceeding easterly along Pleasant Street to its intersection with Viola Street, then proceeding northerly along Viola Street to its intersection with Eagle Street, then proceeding easterly then southeasterly along Eagle Street to its intersection with Thomas Place, then proceeding northeasterly along Thomas Place to its intersection with Ascension Street, then proceeding southeasterly along Ascension Street to its intersection with Prescott Street, then proceeding northeasterly along Prescott Street to its intersection with Roosevelt Street, then proceeding southeasterly along Roosevelt Street to its intersection with Lincoln Avenue, then proceeding northeasterly then easterly along Lincoln Avenue to its intersection with the Iowa Chicago and Eastern Railroad right of way, then proceeding southwesterly along the Iowa Chicago and Eastern Railroad right of way to its intersection with the north property line of the residential property at 2387 Garfield Avenue, then proceeding southeasterly along the north property line of the residential property at 2387 Garfield Avenue to its intersection with Garfield Avenue, then proceeding northeasterly along Garfield Avenue to its intersection with Hawthorne Street, then proceeding southeasterly along Hawthorne Street to its intersection with the alley between Garfield Avenue and Kerper Boulevard, then proceeding southwesterly along the alley between Garfield Avenue and Kerper Boulevard to its intersection with the north property line of the residential property at 2675 Kerper Boulevard, then proceeding southeasterly along the north property line of the residential property at 2675 Kerper Boulevard to its intersection with Kerper Boulevard, then proceeding southwesterly along Kerper Boulevard to its intersection with the south property line of the residential property at 2605 Kerper Boulevard, then proceeding northwesterly along the south property lines of the residential properties at 2605 Kerper Boulevard, 2310 Garfield Avenue and 2336 Garfield Avenue to the intersection of the Iowa Chicago and Eastern Railroad right-of-way, then proceeding southwesterly along the Iowa Chicago and Eastern Railroad right-of-way to its intersection with East 17th Street, then proceeding westerly along East 17th Street to its intersection with Elm Street, then proceeding southerly along Elm Street to its intersection with East 14th Street, then proceeding easterly along East 14th Street to its intersection with the alley between Elm Street and Pine Street, then proceeding southerly along the alley between Elm Street and Pine Street to its intersection with East 12th Street, then proceeding westerly along East 12th Street to its intersection with the Elm Street Connector, then proceeding southerly along the Elm Street Connector to its intersection with East 11th Street, then proceeding westerly along East 11th Street to its intersection with White Street, then proceeding southerly along White Street to its intersection with the U.S. Highway 151/61 right-of-way, then proceeding southerly along the U.S. Highway 151/61 right-of-way to its intersection with West 1st Street, then proceeding westerly along West 1 st Street to its intersection with Locust Street, then proceeding southerly along Locust Street to its intersection with Dodge Street, then proceeding westerly along Dodge Street to its intersection with Grandview Avenue, then proceeding northerly along Grandview Avenue to its intersection with University Avenue, then proceeding easterly along University Avenue to its intersection with Walnut Street, then proceeding northerly along Walnut Street to its intersection with Loras Boulevard, then proceeding westerly along Loras Boulevard to its intersection with Wood Street, then proceeding northerly along Wood Street to its intersection with Rosedale Avenue, then proceeding northeasterly along Rosedale Avenue to its intersection with West Locust Street, then proceeding easterly along West Locust Street to its intersection with Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 Foye Street, then proceeding northerly along Foye Street to its intersection with Merchants Lane, then proceeding westerly along Merchants Lane to its intersection with Gold Street, then proceeding northerly along Gold Street to its intersection with Clarke Drive, then proceeding easterly then southerly along Clarke Drive to its intersection with Heeb Street, then proceeding southerly along Heeb Street to its intersection with West 17th Street, then proceeding easterly along West 17th Street to its intersection with Central Avenue, then proceeding northerly along Central Avenue to its point of origin at the southwest corner of Central Avenue and Kaufmann Avenue. 2.2 Zoning Exhibit B shows the existing zoning districts. The following table gives a breakdown of acreage and % of total area by zoning district: R-1 Zoning District Single -Family Residential Acreage 412 % of Total Area 22.91% R-2 Two -Family Residential 230 12.79% R-2A Alternate Two -Family Residential 441 24.53% R-3 Moderate Density Multi -Family Residential 115 6.40% R-4 Multi -Family Residential 41 2.28% PR Planned Residential 30 1.67% OR Office Residential 49 2.73% OC Office Commercial 10 0.56% OS Office Service 20 1.11% ID Institutional District 124 6.90% PC Planned Commercial 6 0.01% C-1 Neighborhood Commercial 21 1.17% C-2 Neighborhood Shopping Center 33 1.84% C-3 General Commercial 16 0.89% C-4 Downtown Commercial 120 6.67% C-5 Central Business 28 1.56% CS Commercial Service & Wholesale 5 0.28% LI Light Industrial 61 3.39% HI Heavy Industrial 5 0.28% MHI Modified Heavy Industrial 1 0.00% AG Agricultural 5 0.01% POS Public Open Space 25 0.06% 2.3 Existing and Proposed Land Use Exhibit C identifies the existing primary land use for the proposed district. This area is almost fully developed, and therefore, the existing land use is also the proposed land use. The vast majority of the land use is single-family, two-family and multi- family residential with the exception of the commercial downtown core. There are small businesses and institutional structures located throughout the area. The total acreage of the Dubuque Urban Revitalization District is 1801 acres. Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 2.4 Assessed Valuations and Owners of Records The names and address of current owners of record and the existing assessed valuation of the real estate in the Dubuque Urban Revitalization District, listing land and building values separately, is included in Exhibit D. A map of property values is shown on Exhibit E. 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 as a result of rehabilitation in the proposed district, the person(s) causing a qualified tenant to be displaced shall pay all of 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 since one year prior to the city's adoption of this plan pursuant to Iowa Code Section 404.2. 4.0 QUALIFICATION OF AREA The Dubuque Urban Revitalization District Area for purposes of this initiative is composed of CDBG eligible areas of the city located in or near the downtown. These are areas that have been identified to have at least 51 % of the residents below median family income. The housing in the area is among the oldest in the City, with more than 96% of all structures built before 1969 (50 years old) and 71 % of units built pre-1939 (pre - World War II). The housing, while among the oldest in the City, has retained much of its historic character. Homes are generally small, built on narrow, 20-25 foot, frontage lots close to the downtown core. The further the buildings are from the downtown core; the houses and lots grow in size. Rear alleys and garages provide some off-street parking on most blocks. Decline in appearance and maintenance of housing in the area is substantiated by depressed property assessed valuations. 4.1 Historic Significance The Dubuque Urban Revitalization Area contains a predominance of older structures that are worthy of preservation, and a number of deteriorating buildings. In an effort to stem the deterioration of these housing resources, it's Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 appropriate that this area be designated as an urban revitalization area. The plan seeks to preserve and restore the area's existing housing and commercial stock and improve the residential quality of the entire revitalization area. The City of Dubuque has conducted several In-depth architectural/historical survey/evaluations of the city with the assistance of Jim Jacobsen, a historic preservation consultant from History Pays. These surveys conducted from 2001 to 2015 identify National Register Eligible properties. Exhibit F shows the Dubuque Urban Revitalization District in relation to these in-depth architectural/historic survey/evaluations, National Register Listed Historic Districts and properties that are 50 years or older. Properties that are 50 years or older is one of the first criteria for a property to be considered for National Register Eligibility. As stated above, over 96% of the properties in the Dubuque Urban Revitalization are 50 years or older. 4.2 Building Conditions The city assessor list building conditions for all properties located in the city of Dubuque. There are 7266 properties located in the Dubuque Urban Revitalization District. Of these 7266 properties, 5800 have principal structures (homes, commercial buildings, etc.) located on the property. Of the remaining 1,466 properties, 159 properties are surface parking areas, 91 properties contain detached accessory structures (garages, sheds, etc.) only, 946 properties are vacant, and 271 properties are classified as observed. The following chart provides a breakdown of the number of these properties with principal structures and the percentage of the total based on condition. ConditionBuilding Very Poor 383 Total 6.60% Poor 765 13.19% Below Normal 1117 19.26% Normal 2099 36.19% Above Normal 1023 17.64% Very Good 330 5.69% Excellent 83 1.43% Based on information provided by the city assessor, 39.05% of the principal structures are classified as having a condition Below Normal, Poor or Very Poor. 5.0 REVITALIZATION PROGRAM Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 5.1 Tax Exemption a) Property assessed as residential will be eligible for 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. Property assessed as commercial will be eligible for property tax exemption in accordance with Code of Iowa, Chapter 404.3 (2), providing for a three-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. Property tax exemption shall be available only for 'improvements', which include rehabilitation and additions to the existing structures. "Actual value added by improvements" means the actual value added as of the first year for which the exemption was received. d) Any improvements that were assessed before the area was officially designated will not be eligible for exemption. Improvements 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 Dubuque Urban Revitalization District shall continue until their expiration. e) Improvements must result in that structure meeting applicable building, plumbing, mechanical, electrical, and other code requirements of the City of Dubuque. 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 shall become a Revitalization District commencing upon the adoption of the ordinance approving this Revitalization District by the City Council. The designation of the Dubuque Urban Revitalization Plan Area will remain in effect until the desired level of revitalization has been attained or 10 years whichever comes first. Upon repeal of the ordinance establishing this revitalization area, all existing exemptions would continue until their previously established expiration date. Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 5.2 Availability of funding There are at present many 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), HOME funds, HUD Special Purpose Grants, and Lead -Based Paint Hazard Control Grant. 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 1 st 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: 1. The nature of the improvements, 2. The cost of the improvements, 3. The actual or estimated date of completion, and 4. 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 1 st, with a statement as to which exemption applies. 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. Dubuque Urban Revitalization Plan Adopted October 2019 Amended January 2024 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 allotted 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 assist the rehabilitation efforts of vacant or deteriorating properties by providing needed housing units and supporting commercial uses for the citizens of Dubuque and the surrounding area. After the ten- year abatement period lapses on these projects, the full assessed value of the rehabilitation property will go on the tax rolls to the benefit of the entire community. EXHIBITA Dubuque Urban Revitalization District Map EXHIBIT B Zoning District Map EXHIBIT C Land Use Map EXHIBIT D Listing of Names and Addresses of Current Owners and Assessed Valuation of Real Estate EXHIBIT E Property Value Map EXHIBIT F Architecture and Historical Significance Map