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Resolution of Necessity for the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area, Version 2026.1City of Dubuque City Council Copyrighted September 8, 2026 ITEMS SET FOR PUBLIC HEARING # 6. ITEM TITLE: Resolution of Necessity for the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area, Version 2026.1 SUMMARY: City Manager recommending City Council adopt a Resolution of Necessity that: 1) finds that a proposed Amended and Restated Peru Road Urban Renewal Plan ("Plan") for the Peru Road Urban Renewal Area ("District") is both necessary and appropriate; and 2) sets a public hearing on the proposed Plan for October 5th, 2026. RESOLUTION Of Necessity Finding That Updates To The Peru Road Urban Renewal Plan Are Necessary And That Certain Areas In The Peru Road Urban Renewal Area Should Be Removed From The Area, And Setting Dates Of Hearing And Consultation On A Proposed Amended And Restated Urban Renewal Plan For Said Area SUGGUESTED Receive and File; Adopt Resolution(s), Set Public Hearing for DISPOSITION: October 5, 2026 ATTACHMENTS: 1. MVM Memo Resolution of Necessity for the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area, Version 20261 2. Staff Memo 3. Resolution of Necessity 4. Notice of Public Hearing 5. Attachment A-1 Map 6. Attachment A-2 Map Dubuque THE CITY OF uFA�a9a av DuBE 13 Masterpiece on the Mississippi zoo�•*o rP PP 2017202019 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Resolution of Necessity for the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area, Version 2026.1 DATE: September 1, 2026 Assistant Economic Development Director Ian Hatch is recommending City Council adopt a Resolution of Necessity that: 1) finds that a proposed Amended and Restated Peru Road Urban Renewal Plan ("Plan") for the Peru Road Urban Renewal Area ("District") is both necessary and appropriate; and 2) sets a public hearing on the proposed Plan for October 5th ,2026. 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 Jill Connors, Economic Development Director Ian Hatch, Assistant Economic Development Director THE CITY OF DUB E Masterpiece on the Mississippi Dubuque All -America City 1 1111 1 2007• 2012• 2013• 2017 TO: Michael Van Milligen, City Manager FROM: Ian Hatch, Assistant Economic Development Director Economic Developme Department 50 West 13th Street Dubuque, Iowa 52001 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdul SUBJECT: Resolution of Necessity for the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area, Version 2026.1 DATE: August 25, 2026 INTRODUCTION This memorandum presents for City Council consideration a Resolution of Necessity that: 1) finds that a proposed Amended and Restated Peru Road Urban Renewal Plan ("Plan") for the Peru Road Urban Renewal Area ("District") is both necessary and appropriate; and 2) sets a public hearing on the proposed Plan for October 5th ,2026. BACKGROUND The Peru Road Urban Renewal Area was originally established in December 2017 to allow the City to capture tax increment revenue to support redevelopment, primarily the demolition and redevelopment of the soon -to -be -vacated Flexsteel manufacturing facility. The Urban Renewal Plan was updated in December 2018, when the District was expanded to include additional property, including the Prairie Farms facility. At the time, the City was discussing a potential development agreement with Prairie Farms, and the District was expanded to accommodate future TIF incentives. The 2018 Plan anticipated that Prairie Farms TIF rebates would not exceed $420,000. The District's TIF ordinance was also repealed with the intent of adopting a new ordinance after the Flexsteel site was demolished. The City Council subsequently approved a development agreement with Prairie Farms on March 18, 2019. However, the Urban Renewal Plan was not updated and a new TIF ordinance was not adopted. As a result, there is currently no active TIF ordinance for the Peru Road Urban Renewal Area. Before a municipality may exercise the authority provided under Chapter 403 of the Iowa Code, the City Council must adopt a Resolution of Necessity finding that the area qualifies as a slum, blighted, or economic development area and that redevelopment or related activities are necessary for the public health, safety, or welfare. The Resolution also begins the required consultation process with the County and School District. DISCUSSION City staff recently identified that Prairie Farms TIF rebates had been paid from the Greater Downtown Urban Renewal Area rather than the Peru Road Urban Renewal Area. A total of $41,739.39 was paid from November 2022 through November 2025. The Finance Department, Economic Development Department, and City Attorney's Office have developed a plan to repay the Greater Downtown Urban Renewal Area fund using Greater Downtown Loan Pool funds. To properly administer the remaining Prairie Farms TIF rebates, the City must adopt a TIF ordinance for the Peru Road Urban Renewal Area. This will allow the City to certify the related debt, begin collecting tax increment from the correct area, and make the remaining payments required under the development agreement. The need to establish the TIF ordinance also provides an opportunity to update the 2018 Urban Renewal Plan. The Plan contains outdated references to a potential Prairie Farms development agreement, as well as language that should be revised to reflect changes to Iowa's urban renewal and property tax laws, including the 2026 Property Tax Law, SF 2472. The proposed Plan would also remove the former Flexsteel site, currently identified as Subarea A, from the Peru Road Urban Renewal Area. The property would instead be placed in a new, separate urban renewal area, proposed as the North Jackson Urban Renewal Area. This change is important because certifying the Prairie Farms TIF debt will begin the statutory 23-fiscal-year Iifespan of the Peru Road Urban Renewal Area. Because redevelopment of the former Flexsteel site is not currently underway, leaving the property in the existing District could cause several years of its TIF Iifespan to pass before redevelopment occurs. Establishing a separate urban renewal area would allow the City to begin capturing tax increment on the property when a redevelopment project emerges, thereby maximizing the property's future use of TIF. The 2026 property tax changes also create an urgency to amend the District boundaries so the former Flexsteel site can be placed in a separate urban renewal area and retain the ability to capture the School Foundation levy under the applicable statutory framework. The Amended and Restated Plan will therefore address three primary items: • Update the list of urban renewal projects and development agreements; • Update the Plan's language to reflect current Iowa urban renewal and property tax laws; and • Amend the District boundaries to remove the former Flexsteel site for inclusion in a separate urban renewal area. A public building analysis will also be required if the Plan includes the use of tax increment revenues for a public building. A City Council public hearing on the Amended and Restated Urban Renewal Plan is scheduled for October 5, 2026. The public notice will be published four to twenty days before the meeting, allowing time for completion of the Plan, any required public building analysis, and consultation with the taxing entities. RECOMMENDATION/ ACTION STEP I recommend the City Council adopt the attached Resolution of Necessity to begin the process of amending and restating the Urban Renewal Plan for the Peru Road Urban Renewal Area, including the changes described above and any other updates determined to be necessary. Prepared by Joe Link Economic Development 1300 Main Street Dubuque IA 52001 (563) 589-4393 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 1311 St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 334-26 A RESOLUTION OF NECESSITY FINDING THAT UPDATES TO THE PERU ROAD URBAN RENEWAL PLAN ARE NECESSARY AND THAT CERTAIN AREAS IN THE PERU ROAD URBAN RENEWAL AREA SHOULD BE REMOVED FROM THE AREA, AND SETTING DATES OF HEARING AND CONSULTATION ON A PROPOSED AMENDED AND RESTATED URBAN RENEWAL PLAN FOR SAID AREA WHEREAS, the City Council of the City of Dubuque has heretofore approved the Urban Renewal Plan for the Peru Road Urban Renewal Area (the "Area") in order to provide redevelopment opportunities which will further the purposes and objectives of the foregoing Urban Renewal Plan; and WHEREAS, City staff has recommended that the Area be reduced by removing Subarea A and that a proposed Amended and Restated Urban Renewal Plan (the "Plan") be prepared to remove such area and to update urban renewal project descriptions and make any other necessary revisions; and WHEREAS, Chapter 403 of the Iowa Code requires that before urban renewal authority may be exercised, a City Council must adopt a resolution of necessity finding that the area in question is a slum, blighted, or economic development area, and that so designating such area is necessary in the interest of the public health, safety, or welfare of the residents of the municipality. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the removal of Subarea A from the Peru Road Urban Renewal Area is necessary and appropriate to facilitate the proper growth and development of the community in accordance with sound planning and local community objectives. Section 2. That the City Manager is authorized and directed to prepare an Amended and Restated Urban Renewal Plan for the Area to accomplish the foregoing purposes and objectives, to include in such Plan any appropriate project activities and details, and to determine an appropriate date for and conduct the consultation process required by law with affected taxing entities concerning the proposed Plan. Section 3. That the City Council hold a public hearing on the adoption of the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area on October 5, 2026, at 6:30 p.m. in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa 52001. The notice of said hearing shall generally identify the areas covered by the Plan and the general scope of the urban renewal activities planned for such areas, and said notice shall be published and available to the public not less than four (4) days nor more than twenty (20) days before the date of said meeting. Section 4. That the Economic Development Director is directed to send by ordinary mail a copy of said Amended and Restated Urban Renewal Plan, the notice of public hearing, a notice of consultation, and, to the extent the Amended and Restated Urban Renewal Plan includes the use of tax increment revenues for a public building, an analysis of alternative development and funding options for such public buildings, to the Dubuque Community School District and the Dubuque County Board of Supervisors, as the affected taxing entities. PASSED, APPROVED, and ADOPTED this 8th day of September, 2026. ATTEST: Adrienne N. Breitfelder, Itity Clerk 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 October, 2026, at 6:30 p.m. in the Historic Federal Building, City Council Chambers (Second Floor), 350 West 6th Street, Dubuque, Iowa. At said meeting, the City Council will consider a proposed Amended and Restated Urban Renewal Plan (the "Plan") for the Peru Road Urban Renewal Area (the "Area"). The Plan, if approved, would update the list of urban renewal projects to reflect previously approved development agreements, update language to reflect recent changes in Iowa urban renewal law, and remove land from the Area to allow it to be placed in a different Urban Renewal Area. The portion of land to be removed is known as Subarea A. The area to be removed, referred to as Subarea A of the Area, includes the properties described as follows: Commencing at the intersection of the southerly right of way line of East 32nd Street and the westerly right of way line of Jackson Street; thence southwesterly along the southerly right of way line of East 32nd Street to the intersection of the southerly right of way line of East 32nd Street and the westerly right of way line of Central Avenue; thence northwesterly along the westerly right of way line of Central Avenue to the intersection of the northerly right of way line of Aquin Street and its westerly extension; thence northeasterly along the northerly right of way line of Aquin Street to the intersection of the northerly right of way line of Aquin Street and the westerly right of way line of Jackson Street; thence southeasterly along the westerly right of way line of Jackson Street to the point of beginning all in the City of Dubuque, Iowa. Copies of the proposed Amended and Restated Plan, the current Urban Renewal Plan for the Area, and any 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. Any visual or hearing -impaired persons needing special assistance or persons with special accessibility needs should contact the City Clerk's Office at (563) 589-4120 or TTY (563) 690-6678 at least forty-eight (48) hours prior to the meeting. Published by order of the City Council given on the 8t" day of September, 2026. Adrienne N. Breitfelder, City Clerk a Urban Renewal Area y -42 Dubuque City Limits � W4 d ' Z1 "(7 r W 4 �� r 1 T fIR s 1 ® � r emu. s0°•iw�te"ate T 'i°. � Peru Road Urban Renewal Area ��_, • � • , � oa - ����° Subarea A - to be removed 1,,4 cam" ,. Subarea Bj 9S Dubuque City Limits IfiliffirI' I� I 'Ili '��� .1•SIG � � .. �=�io�?+�' " � �r � /� 'v_ Y�Yip'XT� 3� .� N\