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Swiss Valley Urban Renewal Area - Termination Ordinance Copyrighted December 17, 2018 City of Dubuque Action Items # 3. ITEM TITLE: Swiss Valley Urban Renewal Area-Termination Ordinance SUMMARY: City Manager recommending approval of the ordinance terminating the Urban Renewal Plan for the Swiss Valley Economic Development District Urban Renewal Area and the ordinance repealing any ordinances implementing tax increment financing in the District, as tax increment financing cannot continue in the District once the Urban Renewal Plan for the District is terminated. ORDINANCE Repealing Ordinance providing for the division of taxes levied on taxable property in the Swiss Valley Economic Development District Urban Renewal Area, City of Dubuque, lowa, pursuant to Section 403.19 or the Code of lowa SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Motion B; Motion A ATTACHMENTS: Description Type Termination of Urban Renewal Plan for Swiss Valley City Manager Memo Economic Development District-NNM Memo Staff Memo Staff Memo Original Urban Renewal Plan Supporting Documentation Termination Ordinance Ordinance Suggested Nbtion Wording Supporting Documentation THE CTTY OF Dubuque � DUB E u��,� ;�I,��► Masterpiece on the Mississippi Z°°''Zo'Z zoia zoi� TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Termination of the Urban Renewal Plan for the Swiss Valley Economic Development District Urban Renewal Area DATE: December 13, 2018 Economic Development Director Maurice Jones is requesting City Council approve the resolution terminating the Urban Renewal Plan for the Swiss Valley Economic Development District Urban Renewal Area and the ordinance repealing any ordinances implementing tax increment financing in the District, as tax increment financing cannot continue in the District once the Urban Renewal Plan for the District is terminated. I concur with the recommendation and respectfully request Mayor and City Council approval. �� Mic ael C. Van Milligen'�—� MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Maurice Jones, Economic Development Director Dubuque Economic Development Department THE CITY OF 50 West 13t"Street All-AmericaCitY Dubuque,lowa 52001-4864 1 ' Office(563)589-4393 TTY(563)690-6678 ° http://www.cityofdubuque.org Masterpiece on the Mississippi 200,.2012•2013 TO: Michael Van Milligen, City Manager FROM: Maurice Jones, Economic Development Director SUBJECT: Termination of the Urban Renewal Plan for the Swiss Valley Economic Development District Urban Renewal Area DATE: December 11, 2018 INTRODUCTION This memorandum presents for City Council review and approval proceedings terminating the Swiss Valley Economic Development District Urban Renewal Area ("District"). The proposed resolution would terminate the District and the Urban Renewal Plan for the District The proposed ordinance would repeal any ordinances implementing tax increment financing in the District, in reflection of the termination of the District. Once the District has been terminated, the City will be able to consider including the District's property in a new urban renewal area subarea (pursuant to the proposed Amended and Restated Urban Renewal Plan for the Peru Road Urban Renewal Area). BAC KG RO U N D The Swiss Valley Economic Development District was approved and adopted by Resolution 212-98 on May 18, 1998 as an economic development urban renewal area for the purpose of stimulating economic development activities in the District through the commitment of public actions described in the Urban Renewal Plan for the District. The Plan provided that it would remain in effect until terminated by the City Council. DISCUSSION Per its terms, the Urban Renewal Plan establishing the District will remain in effect until the City Council takes action to terminate it. Property typically cannot be included in more than one urban renewal area at the same time. Therefore, until the Urban Renewal Plan establishing the District is terminated, the property in the District cannot be included in any other urban renewal area. Terminating the Urban Renewal Plan for the District would permit the City to include the property in the District in the new subarea of the Peru Road Urban Renewal Area. Further, per lowa Code Section 403.17(10), the City's ability to use tax increment financing in the District, as an economic development urban renewal area (in which no part contains slum or blighted conditions), is limited to twenty fiscal years. The twenty years begins the calendar year following the calendar year in which the City first certifies indebtedness for TIF reimbursement to the County Auditor. As such, if the City first certified indebtedness for the District in 1998, then the City's ability to collect tax increment would expire in the current fiscal year (FY 18-19). Accordingly, the useful life of the District for financing urban renewal projects in the District with tax increment financing is running out. If the City terminates the District and then includes the property in the Peru Road Urban Renewal Area, then the City has the potential to collect tax increment from the property indefinitely, as there is no current statutory expiration on tax increment financing in an urban renewal area that contains slum or blight, like the Peru Road Urban Renewal Area. RECOMMENDATION/ ACTION STEP I recommend that the attached resolution terminating the Urban Renewal Plan for the Swiss Valley Economic Development District Urban Renewal Area be approved. Further, I recommend that the attached ordinance repeal any ordinances implementing tax increment financing in the District be adopted and approved, as tax increment financing cannot continue in the District once the Urban Renewal Plan for the District is terminated. Prepared by Jill Connors. Economic Development. 50 W. 13th St., Dubuque, IA 52001, 563-589-4393 Return to Kevin Firnstahl, City Clerk, 50 W.13th St., Dubuque, IA 52001, 563-589-4100 ORDINANCE NO. 46-18 REPEALING ORDINANCES PROVIDING FOR THE DIVISION OF TAXES LEVIED ON TAXABLE PROPERTY IN THE SWISS VALLEY ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL AREA, CITY OF DUBUQUE, IOWA, PURSUANT TO SECTION 403.19 OF THE CODE OF IOWA WHEREAS, the City of Dubuque ("City") adopted the Urban Renewal Plan ("Plan") for the Swiss Valley Economic Development District Urban Renewal Area ("District") by approval of Resolution No. 212-98 on May 18, 1998; and WHEREAS, the District is legally described as follows: Commencing as a point of reference at the intersection of the £enterline ·of Central Avenue "th R"'""' A. • · .. " · · 'd . t b • · the ·· ' t of 1..... • • . : .u .• ,.. ce north "'..+e:rl al n the V.'l . ,,.,.,,,, ~venue. Sal. potn ems .. pcm .. ~gmrung w,i;;;n .. . e"4». 1 -0. g ... centerline of Ruby Avenue to the centerline of Jackson Street; thence northwesterly along the centerline of Jackson Street to the centerline of Aquin Avenue; thence southwesterly along the centerline of Aqui.n Avenue 308 feet more or less to the point of intersection \Vith . the easterly line of Lot 112 Linehan Parle Addition extended north\\o-esterly; thence sou~terly 12.5 feet more or less to the northerly right-of-way line of the existing public alley; thence southwesterly along said right-0f .. way line to the centerline of Central Avenue; thence southe~'ier1y along the centerline of Central A venue to the point of beginning, contalning 12 ac,res more or less all in the City of Dubuque. Dubuque Counzyt Iowa and any adje>ining public right"<>f .. way. WHEREAS, any debt that was certified for reimbursement through the division of property tax revenues under Iowa Code Section 403.19 in the District has been fully paid and there are no current obligations under the Plan to be paid from any tax increment within the District; and WHEREAS, the City Council has terminated the Plan and the District by Resolution; and Pg. 2 Ordinance No. 46-18 WHEREAS, accordingly, the City has determined to repeal any ordinances providing for the division of taxes levied on taxable property in the District. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That any ordinances providing for the division of property tax revenues in the District under Iowa Code Section 403.19 are hereby repealed in their entirety and shall have no further effect. Section 2. All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section 3. This Ordinance shall be in effect after its final passage, approval and publication as provided by law. Passed and approved this 17th day of December 2018. 1~.~yor Attest: Read first time: December 17, 2018 Read second time: December 17, 2018 Read third time: December 17, 2018 PASSED AND APPROVED: December 17, 2018 PUBLISHED: December 21, 2018 1t 12/21 2 I ! I ~ ,, 1j I I, 11 I 11 !I J !I I l r ,I ii ! 1! II 1' ,1 :I 11 '1 11 ~ Ii I I lllllll llllll Ill lllll lllll lllll lllll lllll lllll l/1111111111111111111111111111111 Doc ID: 010223630003 Type: GEN Kind: ORDINANCE Recorded: 12/20/2018 at 01:56:50 PM Fee Arnt: $17.00 PaQe 1 of 3 Dubuque County Iowa John Murphy Recorder File2018-00014991 Prepared by Jill Connors, Economic Development. 50 W. 13th St., Dubuque, IA 52001. 563-589-4393 Return to Kevin Firnstahl, City Clerk, 50 W. 13th St., Dubuque, IA 52001, 563-589-4100 ORDINANCE NO. 46-18 REPEALING ORDINANCES PROVIDING FOR THE DIVISION OF TAXES LEVIED ON TAXABLE PROPERTY IN THE SWISS VALLEY ECONOMIC DEVELOPMENT DISTRICT URBAN RENEWAL AREA, CITY OF DUBUQUE, IOWA, PURSUANT TO SECTION 403.19 OF THE CODE OF IOWA WHEREAS, the City of Dubuque ("City") adopted the Urban Renewal Plan ("Plan") for the Swiss Valley Economic Development District Urban Renewal Area ("District") by approval of Resolution No. 212-98 on May 18, 1998; and WHEREAS, the District is legally described as follows: Commencing as a point of reference at the intersection of the centetline of Central Avenue "th R~''""' A. '"'iiue said ·· · int b • the ·· · t of be ' · · • thence north·· tl.t"erl --1 · · · fu· · 1.Vl .....,,, h.... • po . emg . pout . . .. gum.mg. . ... · .. .. .. . e .. »l .... y !;I.Jong . e centerline of Ruby Avenue to the c.enterline of Jackson Street; thence northwesterly along the centerline of Jackson Street to the centerline of Aquin Avenue; thence southwesterly along the centerline of Aquin Avenue 308 feet more or less to the point of intersection with . the easterly line of Lot 112 Linehan Patk Addition exiended northwesterly; thence southeasterly 125 feet more or less to the northetly right-of-way line of the existing public aUey; thence soutlw.testerly along said right-of-way line to the centedine of Central AYenue; thence southeaster1y along the centerline of Central Avenue to Lie poi.nt of beglnning, containing 12 acres more or less all in the City of Dubuque, Dubuque Countyt Iowa and any adjoining public right-of·\l;'ay. WHEREAS, any debt that was certified for reimbursement through the division of property tax revenues under Iowa Code Section 403.19 in the District has been fully paid and there are no current obligations under the Plan to be paid from any tax increment within the District; and WHEREAS, the City Council has terminated the Plan and the District by Resolution; and Pg. 2 Ordinance No. 46-18 WHEREAS, accordingly, the City has determined to repeal any ordinances providing for the division of taxes levied on taxable property in the District. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That any ordinances providing for the division of property tax revenues in the District under Iowa Code Section 403.19 are hereby repealed in their entirety and shall have no further effect. Section 2. All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section 3. This Ordinance shall be in effect after its final passage, approval and publication as provided by lavv. Passed and approved this 17th day of December 2018. AatJ . fay D. Buol, Mayor Attest: Read first time: December 17, 2018 Read second time: December 17, 2018 Read third time: December 17, 2018 PASSED AND APPROVED: December 17, 2018 PUBLISHED: December 21, 2018 1t 12/21 2 CERTIFICATE of tfie CITY CLERK STATE OF IOWA ) ) SS: COUNTY OF DUBUQUE ) I, Trish L. Gleason, do hereby certify that I am the duly appointed, qualified, Assistant City Clerk of the City of Dubuque, Iowa, in the County aforesaid, and as such Assistant City Clerk, I have in my possession or have access to the records of the proceedings of the City Council. I do further state that the hereto attached Ordinance No. 46-18 is a true and correct copy of the original. In Testimony Whereof, I hereunto set my hand and official seal of the City of Dubuque, Iowa. Dated at Dubuque, Iowa, on this 19th day of December, 2018. t'i • Trish L. Gleason, Assistant City Clerk _ URBAN RENEWAL PLAN �� , �'� Sw�ss Valley Economic Development District � City of Dubuque, Iowa '�, This Urban Renewal Plan provides for the development of the Swiss �, Valley Economic Development District. Its preparation was � , authorized by Resolution 130-98 of the City Council of the City of '' Dubuque, Iowa on March 16, 1998. I Prepared by the Community and Economic Development Department. ��, • May 1998 '� i TABLE OF CONTENTS A. INTRODUCTION Page 1 B. OBJECTIVES Page 1 C. DISTRICT BOLTNDARIES Page 1 D. PUBLIC PURPOSE ACTIVITIES Page 2 E. DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS Page 3 F. LAND ACQUISITION AND DISPOSITION Page 3 ' G. FINANCING ACTIVITIES Page 4 � H. STATE AND LOCAL REQUIREMENTS Page 6 I. DURATION OF APPROVED URBAN RENEWAL PLAN Page 6 J. SEVERABILITY Page 7 K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN Page 7 L. ATTACHMENTS Page 7 URBAN RENEWAL PLAN Swiss Valley Economic Development District City of Dubuque,Iowa A. INTRODUCTION This URBAN RENEWAL PLAN(the "Plan")has been prepared pursuant to Resolution 130-98 of the City Council of the City of Dubuque as adopted on March 16, 1998. Its intent is to stimulate economic development activities within the SWISS VALLEY ECONOMIC DEVELOPMENT DISTRICT(the "District")through the commitment of public actions as specified herein. To achieve this objective,the City of Dubuque shall undertake the urban renewal actions specified in this Plan, pursuant to the powers granted to it under Chapter 403 of the Iowa Code, Urban Renewal Law. B. OBJECTIVES OF THE PLAN The primary objectives of the Plan are the development and redevelopment of the District for economic development activities,through: 1. Provision of public infrastructure improvements and actions supportive of full development and redevelopment of the District; 2. Creation of financial incentives necessary to encourage businesses to invest in the District and create new jobs; and � 3. Expansion of the property tax base of the District. C. DISTRICT BOUNDARIES The District is located within the City of Dubuque, Cou.nty of Dubuque, State of Iowa. i The District shall consist of the real property legally described as follows: 1 Commencing as a point of reference at the intersection of the centerline of Central Avenue with Ruby Avenue, said point being the point of beginning: thence northeasterly along the ' centerline of Ruby Avenue to the centerline of Jackson Street; thence northwesterly along the centerline of Jackson Street to the centerline of Aquin Avenue; thence southwesterly along the centerline of Aquin Avenue 308 feet more or less to the point of intersection with the easterly line of Lot 112 Linehan Pazk Addition extended northwesterly; thence southeasterly 125 feet more or less to the northerly right-of-way line of the existing public a11ey;thence southwesterly along said right-of-way line to the centerline of Central Avenue; thence southeasterly along the centerline of Central Avenue to the point of beginning, containing 12 acres more or less all in the City of Dubuque,Dubuque County,Iowa and any adjoining public right-of-way. The boundaries of the District aze delineated on the URBAN RENEWAL DISTRICT map (Attachment A). The City of Dubuque reserves the right to modify the boundaries of the District at some future date. Any amendments to the Plan will be completed in accordance with Chapter 403 of the Iowa Code, Urban Renewal Law. D. PUBLIC PURPOSE ACTIVITIES To meet the OBJECTIVES of this Plan, the City of Dubuque is prepared to initiate and support development and redevelopment of the District through,among other things,the following PUBLIC PURPOSE ACTIVITIES: 1. Improvement, installation, construction and reconstruction of streets, utilities and other improvements and rights-of-ways; 2. Use of tax inerement financing,loans,grants and other appropriate financial tools in support of eligible public and private development and redevelopment efforts; ' 3. Enforcement of applicable local, state and federal laws, codes and regulations; and 4. Acquisition of property for public improvements and acquisition and disposition of property for private development and redevelopment. Public purpose activities are limited to those areas delineated on the PUBLIC PURPOSE ACTIVITY AREA map(Attachment B). 2 i All public purpose activities shall be conditioned upon and shall meet the restrictions and limitations placed upon the District by the Plan. E. DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS The LAND USE and PLANNING AND DESIGN CRITERIA set forth herein shall apply to any and all District properties the development and(or the redevelopment of which is assisted by the City ' through any of the PUBLIC PURPOSE ACTIVITIES listed above. 1. Land Use ' The intent of this Plan is to promote the development of industrial land uses within the District. All uses shall be regulated by the zoning district established for the property. LAND USE maps(Attachments C 1 and C2)identify the e�usting and the proposed land uses within the District. 2. Planning and Design Criteria The planning criteria to be used to guide the physical development of the District are those standards and guidelines contained within the City of Dubuque's Zoning Ordinance and other applicable local, state and federal codes and ordinances. F. LAND ACQUISITION 1. Land Ac�uisition The City will acquire, through eminent domain, any property for public or private development and redevelopment purposes should the City or a qualified Developer be unable to acquire necessary land through negotiated purchase. The City also reserves the right to acquire,by negotiation or eminent domain,property rights required for the construction or reconstruction of streets and public utilities, or any other public facility or improvement. 3 �I 2. Land Dis�osition Publicly held land will be sold for the development of viable uses consistent with this Plan and not for purposes of speculation. Land will be disposed of in accordance with the requirements set forth in Chapter 403 of the Iowa Code,Urban Renewal Law. Developers will be selected on the basis of the quality of their proposals and their ability to carry out such proposals while complying with the requirements of this Plan. Developers will be required by contractual agreement to observe the Land Use Requirements and Planning and Design Criteria of this Plan. The contract and other disposition documents will set forth the provisions, standards and criteria for achieving the objectives and ' requirements outlined in this Plan. G. FINANCING ACTIVITIES To meet the OBJECTNES of this Plan and to encourage the development of the District and private investment therein, the City of Dubuque is prepared to provide financial assistance to qualified industries and businesses through the making of loans or grants under Chapter 15A of the Iowa Code and through the use of tax increment financing under Chapter 403 of the Iowa Code. 1. Chapter 15A Loan or Grant The City of Dubuque has determined that the making of loans or grants of public funds to qualified industries and businesses is necessary to aid in the planning, undertaking and completion of urban renewal projects authorized under this Plan within the meaning of Section 384.24(3)(�of the Iowa Code. Accordingly, in furtherance of the objectives of this Plan,the City of Dubuque may determine to issue bonds or loan agreements,in reliance upon the authority of Section 384.24A, Section 384.24(3)(q), Section 403.12(general obligation bonds)or Section 403.9 (tax increment bonds), for the purpose of making loans or grants of public funds to qualified businesses. Alternatively,the City may determine to use available funds for the making of such loans or grants. In determining qualifications of recipients and whether to make any such individual loans or grants,the City of Dubuque sha11 consider one or more of the factors set forth in Section 15A.1 of the Iowa Code on a case-by-case basis. 2. Tax Increment Financing The City of Dubuque is prepared to utilize t�increment financing as a means of financing eligible costs incurred to implement the Public Purpose Activities identified in Part D of this 4 Plan. Bonds or loan agreements may be issued by the City under the authority of Section 403.9 of the Iowa Code(tax increment bonds)or Section 384.24A, Section 384.24(3)(c�and Section 403.12 (general obligation bonds). The City acknowledges that the use of tax increment revenues delays the ability of other local taxing bodies to realize immediately the direct tax benefits of new development in the District. The City believes,however,that the use of tax increment revenues to finance new ' development in the District is necessary in the public interest to achieve the OBJECTIVES of this Plan. Without the use of this special financing tool, new investment may not otherwise occur or may occur within another jurisdiction. If new development does not take place in Dubuque,property values could stagnate and the City, County and School District may receive less taxes during the duration of this Plan than they would have if this Plan were not implemented. Tax increment financing will provide a long-term payback in overall increased tax base for the City,County and School District. The initial public investment required to generate new private investment will ultimately increase the taxable value of the District well beyond its existing base value. Tax increment reimbursement may be sought for, among other things,the following costs to the extent they are incurred by the City: a. Planning and administration of the Plan; b. Construction of public infrastructure improvements and facilities within the District; I c. Acquisition, installation, maintenance and replacement of public investments throughout the District; d. Acquisition of land andlor buildings and preparation of same for sale or lease to private developers, including any "write down" of the sale price of the land and/or building; e. Preservation, conservation, development or redevelopment of buildings or facilities within the District to be sold or leased to qualified businesses; � f. Loans or grants to qualified businesses under Chapter 15A of the Iowa Code, including debt service payments on any bonds issued to finance such loans or grants, for purposes of expanding the business or activiTy, or other qualifying loan 5 i programs established in support of the Plan; and g. Providing the matching share for a variety of local, state and federal grants and loans. 3. Pro�osed Amount of Indebtedness At this time,the extent of improvements and new development within the District is only generally known. As such, the amount and duration for use of the tax increment revenues for public improvements and/or private development can only be estimated; however, the actual use and amount of tax increment revenues to be used by the City for District activities will be determined at the time specific development is proposed. It is anticipated that the maximum amount of indebtedness which will qualify for tax increment revenue reimbursement during the duration of this Plan, including public improvements and private development assistance,will not exceed $1,000,000. At the time of adoption of this Plan,the City of Dubuque's current general obligation debt is $11,755,000 (a list of obligations is found as Attachment D) and the applicable constitutional debt limit is $81,361,973. H. STATE AND LOCAL REQUIREMENTS All provisions necessary to conform with state and local laws have been complied with by the City of Dubuque in the implementation of this Plan and its supporting documents. I. DURATION OF APPROVED URBAN RENEWAL PLAN This Plan shall continue in effect until terminated by the City Council; provided,however, that the collection of tax increment revenues from properties located in the District shall be limited to twenty (20)years from the calendar year following the calendar year in which the City first certifies to the County Auditor the amount of any loans, advances, indebtedness or bonds which qualify for payment from the division of tax increment revenue provided for in Section 403.19 (taa�increment financing) of the Iowa Code. ' The DEVELOPMENT AND REDEVELOPMENT REQUIREMENTS established, or as amended from time to time by the City of Dubuque Zoning Ordinance, shall remain in effect in perpetuity. 6 J. SEVERABILITY In the event one or more provisions contained in this Plan shall be held for any reason to be invalid, illegal,unauthorized or unenforceable in any respect, such invalidity, illegality, unauthorization or unenforceability sha11 not affect any other provision of this Plan and this Urban Renewal Plan shall � be construed and implemented as if such provision had never been contained herein. � K. AMENDMENT OF APPROVED URBAN RENEWAL PLAN � This Plan may be amended from time to time to respond to development opportunities. Any such amendment shall conform to the requirements of Chapter 403 of the Iowa Code. Any change effecting any property or contractual right can be effectuated only in accordance with applicable state and local law. L. ATTACHMENTS A Urban Renewal District Map B Public Purpose Activity Area Map C Land Use Maps C1 Existing Land Use C2 Proposed Land Use ' D List of General Obligations 7 ATTACHMENT A ' • URBAN RENEWAL DISTRICT MAP ,,, ��1'� �� `� i .`` i � 1��\ I \, j � ,. `��,i � � � \`,1 � 1 ��1 /' 1, \� ',`, c ��L�- �� ,� � � 1��'� - �� ,�_ — �..- � �_ ��1`�\L , ��, � �;��, ��N�� ,, G a� � -, , Y „ _ n, -- ; p '';� _ . - ; ,� � „ � �n c ��; ��C o , � � �, � , � ,� , ��,v�C ,��j��\ '� 1v ` -i\ �` .�- � ,, � � ��'� � ,,` �� 1 ��'v �� 3 z�� ;� �� ATTACHMENT B PUBLIC PURPOSE ACTIVITY AREA MAP ,�,;�� ,� �\�'�, � `, ; i � . I - ,1,\ ; � , ' �11 . ��V\., ``,` � ' 1� � ' r 1� � •��\� 1J v� �'\ , � �\ �,1� , ; 1, i "r .`` '' �y ` 1 � v I ��\'\�`� .i` '� � � ;1„ �_ —��1� \ c� , Ga � y ,, ., � � �� - � � � _ -'� '� , � , ,� � "C�t �n � '�,; � � � ,, � � ` ✓ ,, � C-,'�1 .� �,"�,;,v ` �; � , �, �. - 5, ��``✓ ' / .. � \ ^ � ��r 1 ��".� / � �/\ ATTACHMENT C LAND USE MAPS C-1 EXISTING LAND USE ''��1't � � � � � ', , � �1�� ; I ��'� I ` , ��`�; ;;, 1U ��, .�, �., � � �l� ,�, v `��, , ;,` �- ; i `1�1 %� j , '� � � �'� �, ,,� .. �� ,� ;� , ,,� , � 'l� , /, „ ��. ��;,, ,-i��1� ` c.� C, ,, � ��, � ,,�;' ,/ - � ,`�` , �n '� V � � � � � ;� , ,�,`��C ,�,�1�t r,�� .� 1 ` �' i �, ! , ,. 11' l��\J� ` ` 1�G`. `� ��,v , / 1NDUSTRIAL � �' �` RESIDENTIAL � C-2 PROPOSED LAND USE � ,,�,� �.��, _ 1�\�\�'� � � � \�'\ ' � . � . , l��`�,, , ,`�, � �'` .� �_.% � , � ,` `,�1\ ��L� `, ti ��` % / '� ��_ � '� � � ',� ,��,� � � , � ,, � -� � � „ ' G ''` ,a�� s� � , � �' � � �'' r .y . , , ; �n ,,� � c ��; � � � � , _ � �-- �;;;.;,ON� ;�,�\;1,, �,, ,V �� i,., ` �, ,. - ,,\� �., _ ,,� �, �✓ ,1 ^ , ,� � , ��d►�" , � / . �% INDUSTRIAL � SUMMARY OF UONDED INpC-DTEDN�SS • FISCAL YEAfI 1990 DATE NET AMOUNT PRINCIPAL PRINCIPAL INTEREST PRINCIP/1L Y�nfl oF OF INTEREST OF OUTSTANDING DUE 7•1•97 pUE 7•1•97 OUTSTl1NpING fINnI.��qN ISSUE RATE ISSUE JULY 1 1�9Z j0 7 1 90 TO 7 � 9Q Ju�Y 1 1��4 PAYMENT �e��o t«14?1i4�at Is��u! (::scnlial Cor�iorato Purposo 3•1•07 5.4706 4,000,000 Z,075,000 425,000 114,050 1,G50,000 2001 I:ssnnt��il Corporalo Purposa G-1-09 G.7092 2,650,000 711.000 253,G50 q0.179 q50.150 2�00 Ilocrr,ation Pool Recoiistruction G•1•El9 �.7092 1,500.000 520,200 191,�50 3�,q5G 33G,050 1999 I:ssniilial Corporala Purposn 5•15-90 fi.673G 220,000 80,000 25,760 5,392 54,�U0 2000 ilnr.re�lion Pool fioconstruction 5-15•90 6.G736 1,745,000 639,3G0 20q,2�0 q2,753 435,120 2000 , 1-ssonli��l Cor�ror�lo r�,��os� 5-1•9) �.0943 2,500,000 1,505,000 210,000 91,0q5 1,295,000 2002 , I'ssmitial Corporata Piirpose 6•1•93 4.1747 4.615,000 2,145,000 605,000 90,OE33 1.4G0,000 2004 I::sunlial Cor�ioralo ('urposo 5•1-94 5.0000 1,300,000 000,000 50,000 39,537 750,000 2004 I:ssr.nlial Corporalo Purposn" 5-1•94 5.0000 1,300,000 1,020,000 1�0,0�0 50,�110 pD0,000 2004 CSSnnU71 Corporalc Purposa" ' 5•1-94 4.9444 500,000 400,000 50,000 19,769 350,000 2004 f.ssui�tiat Corporalc f'urposo G•1-95 5.5000 2,000,000 1,050,000 00,000 p4,990 1,�70,000 2005 Tolnl Gonninl Obli{�ntion Qonds S22,330,000 S11.7G5,000 S2.315.000 S G21.�G4 S9,�140,000 . � y y � n x � � z , '"3 d Kevin Firnstahl From:Trish Gleason Sent:Wednesday, December 19, 2018 4:15 PM To:Denise.Dolan@dubuquecounty.us Cc:Kevin Firnstahl Subject:Public Hearing #1 DICW Urban Renewal Plan Amendment 2018.3 - Resolution of Adoption Attachments:Public Hearing #1 DICW Urban Renewal Plan Amendment 2018.3 - Resolution of Adoption.pdf Denise, City Clerk Kevin Firnstahl is out of the office for a few days. He has asked me to email you copies of th urban renewal documents passed at Monday, December 17 City Council meeting. The documents are too large to email together so I will send them individually. There are 6 documents in total. 2 for Dubuque Industrial Center West Area 2 for Peru Road Area 2 for Swiss Valley Area Please let me know if you have any questions or concerns regarding the documents I am sending. I will bring the hard copies of the documents to you tomorrow. 1 of 6 attached Kind regards, Trish L. Gleason, CMC, IaMFO, IaCMC Assistant City Clerk th 50 West 13 Street Dubuque, IA. 52001 563-589-4120 tgleason@cityofdubuque.org 1 STATE OF IOWA {SS: DUBUQUE COUNTY CERTIFICATION OF PUBLICATION I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: December 21, 2018, and for which the charge is $31.46 Subscribed to before me, a otary Public in and for Dubuque County, Iowa, this day of e,.,c% , 20 /8 . otaryr'ublic in and for Dubuque ounty, Iowa. MARY K WESTERMEYER Commission Number 154885 My Commission Exp. Feb. 1, 2020 public alley; ;,thence., southwesterly along said right-of-way line to the centerline of Central Avenue; thence southeasterly along the centerline of Cen- tral Avenue to the point of beginning,'I containing; 12. acres!, more or less all in the'', City of Dubuque, 1, Dubuque County, Iowa and any adjoining pub- lic right'of way. ! WHEREAS, any debt 1 that was certified for reimbursement through the division of property tax revenues under Iowa Cede? :: Section 403.19 irl the; District haS been fully paid and, there are no current obligations under the Plan tobe paid from -/-i any tax ;increment', OFFICIAL 11 within the District; and , PUBLICATION WHEREAS, the. City ORDINANCE Council has terminated!, NO. 46-18 I the Plan' and the Dis- REPEALING ORDI-1 trict by Resolution; and ;1 NANCES PROVIDING WHEREAS, according - FOR THE DIVISION OF ly, the City has deter- mto„ repeal an TAXES ' LEVIED ON ordininedances providingy TAXABLE PROPERTY } for the division of taxes' IN THE SWISS VAL- I levied on taxable prop LEY : ECONOMIC DE- erty in the District. TYELOPMENT DIS -.I NOW, THEREFORE, BE' TRICT URBAN `RE- IT ORDAINED' BY THE, NEWAL -AREA, CITY, CITY COUNCIL OF THE OF DUBUQUE; IOWA, CITY' OF DUBUQUE,' PURSUANT, TO SEC- STATE OF IOWA: TION 403.19 OF THE Section 1. That any or CODE OF IOWA dinances. providing for WHEREAS, the City 01 thea division of property, Dubuque (City) adopt- ,� re enue'sin 't ,is.' ed the Urban Renewal Plan (Plan) for 'the. Section ;�"40 19 ^ar Swiss Valley Economic hereby ,resealed in 1 Development District their entirety and shall Urban Renewal Area have notirety r effect. (District) by approval di of Resolution No. 212- I, nancesVectorion parts2All oof °01- 98 on May 18, 1998; nancestheprovisions in conflictof with this and WHEREAS, the District Ordinance are hereby is legally described as repealed. follows: Section 3. -re his Commencing as a nance shall be in effect .j 'aits final passage- Avenue , the point intersection of'theat ,, appfterroval and publicalineof, of Central ! n with RubyAv- tion as provided by enue, said point being°pasapproved the point of beginning: this 14thsed dayand of Decem ! thence northeasterly ber 2018. along the centerline of /s/RoyD. Buol, Mayor' Jackson Street' to the Attest:/s/Kevin S. centerline of Aquin Av-Firnstahl, City Clerk enue; thence south- enue, 308 feet more or Read first time: Decem- westerly along the ber 14, 2018 centerline of Aquin Av- Read second time: De cember 14, 2018 less to the point of in- Read third' time: 'De tersection with the cember 14, 2018 easterly line of Lot 112 PASSED AND AP - Linehan Park Addition extended northwester- I PROVED: December 14,2018 , ly; thence southeaster- PUBLISHED: December ly 125 feet more or less 1; 21, 2018 to the northerly right of It 12/21 way line of the existing