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Amending the Radford Road Urban Revitalization Area Plan_Hearing Copyrighted February 17, 2020 City of Dubuque Public Hearings # 6. ITEM TITLE: Amending the Radford Road Urban RevitalizationArea Plan SUMMARY: Proof of publication on notice of public hearing to consider approval of the Amended Radford Road Urban Revitalization Plan, and the City Manager recommending approval. RESOLUTION Approving the adoption of an Amended Urban Revitalization Plan for the Radford Road Urban Revitalization Area SUGGESTED DISPOSITION: Suggested Disposition: Receive and File;Adopt Resolution(s) ATTACHMENTS: Description Type Radford Road Amended Urban Revitalization Plan- City Manager Memo MVM Memo Staff Memo Staff Memo Resolution Approving Plan Resolutions Radford Road Project Maps Supporting Documentation Amended Plan Supporting Documentation Amended Plan E�ibit A Supporting Documentation Amended Plan E�ibit B Supporting Documentation Proof of Publication Supporting Documentation Dubuque THE CITY OF � ui-Aseria cih DuB E , . � . , � II � Maste iece on tj2e Mississi i zoo�•zoiz•zois YP pp zoi�*zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Public Hearing and Approval of Radford Road Amended Urban Revitalization Plan DATE: February 9, 2020 Housing and Community Development Director Alexis Steger recommends City Council approval of the Radford Road Amended Urban Revitalization Plan. Urban Revitalization Chapter 404 of the lowa Code (Urban Revitalization Act) authorizes cities to designate areas as urban revitalization areas. Improvements to qualified real estate within these designated areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment by reducing tax increases that usually accompany property improvements. This additional private investment provides a long-term increase or stabilization in the area's tax base, enhances the visibility of revitalization areas and/or supports important city objectives such as historic preservation, economic development and affordable housing development. A development plan provides for the construction of a 44-unit affordable residential housing development for seniors. Horizon Development Group, Inc. is proposing a $9,700,000 project utilizing private financing, Tax Credit Equity, and Tax Exemption incentives to finance the project. The Urban Revitalization tax exemption will show local support for the project, which will strengthen Horizon Development Group, Inc.'s Low Income Housing Tax Credit application to the lowa Finance Authority. I concur with the recommendation and respectfully request Mayor and City Council approval. v � Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Alexis M. Steger, Housing and Community Development Director 2 THE CITY OF Dubuque � D V L E AI�-nmericaCiqi � � � ► Masterpiece on the Mississippi zoo,.Zo1z.2o13 TO: Michael C. Van Milligen, City Manager FROM: Alexis M. Steger, Housing and Community Development Director DATE: February 7, 2020 RE: Public Hearing & Approval of Radford Road Amended Urban Revitalization Plan Introduction This memorandum presents information necessary for the February 17, 2020 public hearing regarding the proposed Radford Road Urban Revitalization Plan Amendment. Background The Petition for Radford Road Amended Urban Revitalization Plan was provided to City Council on February 4, 2020. At that meeting, the City Council set a public hearing for February 17, 2020. The proposed amendment to the Urban Revitalization Plan will provide up to 10 years of tax-abatement on improvements to one additional property already in the Radford Road Urban Revitalization Area. There is a proposed development on the added lot for affordable senior housing. The development plan provides for the construction of a 44-unit affordable residential housing development for seniors. Horizon Development Group, Inc. is proposing a $9,700,000 project utilizing private financing, Tax Credit Equity, and Tax Exemption incentives to finance the project. The Urban Revitalization tax exemption will show local support for the project, which will strengthen Horizon Development Group, Inc.'s Low Income Housing Tax Credit application to the lowa Finance Authority. Urban Revitalization Chapter 404 of the lowa Code (Urban Revitalization Act) authorizes cities to designate areas as urban revitalization areas. Improvements to qualified real estate within these designated areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment by reducing tax increases that usually accompany property improvements. This additional private investment provides a long- term increase or stabilization in the area's tax base, enhances the visibility of revitalization areas and/or supports important city objectives such as historic preservation, economic development and affordable housing development. In order to implement the provisions of Chapter 404, the City must determine the area is eligible for exemption, prepare a revitalization plan for each designated area, and hold at least one public hearing after proper notice. The law mandates specific criteria and procedures must be followed. Discussion Chapter 404 provides for a public comment period prior to amending an urban revitalization plan. Based upon these requirements, the Council set a public hearing for February 17, 2020 that provided a comment period on the proposed plan. The property owners were notified of this hearing as required. Under Section 15-2-3 of the City Code, one of the roles of the Long Range Planning Advisory Commission (LRPAC) is to review each new urban revitalization plan and make a recommendation as to the plan's consistency with the City's Comprehensive Plan. The Commission's review is a City Code requirement; it is not required by State law. The LRPAC determined that the proposed Plan was consistent with the City's Comprehensive Plan and recommended that the Radford Road Urban Revitalization Area Plan be adopted and the Urban Revitalization Area be created in November 2018. Consistency with City Council Goals & Priorities The City of Dubuque reviews applications for city support to ensure the request is consistent with the City Council Goas & Priorities. The Amended Radford Road Urban Revitalization Plan furthers City Council goals of having "Livable Neighborhoods and Housing: Great Place to Live" and "Partnership for a Better Dubuque: Building our Community that is Viable, Livable, and Equitable". This project also furthers the "Management in Progress" efforts to support Low Income Housing Tax Credits Program/Projects. Consistency with the Consolidation Plan The U.S. Department of Housing and Urban Development (HUD) requires communities who receive Community Development Block Grant (CDBG) funds to complete a five- year Consolidated Plan that identifies general areas of need in the community and how to address them, particularly in the areas of housing, economic opportunity, and community development. The City of Dubuque reviews applications for city support to ensure the request is consistent with the needs identified in the current Consolidated Plan. The Amended Radford Road Urban Revitalization Plan meets the objectives identified in the Consolidated Plan Needs Assessment to "Provide opportunities to maintain, improve, obtain and develop affordable housing", and "Provide for implementation of fair housing opportunities". 2 Source of Income Committee In December 2014, the City Council approved formation of a Source of Income Committee to conduct a two-year study examining the HCV program and its relationship to fair housing, with a goal of identifying ways to enhance fair housing in Dubuque (see Attachment C). In February 2017, the Source of Income Committee ultimately recommended a collective impact approach to adopt and implement a mix of educational, outreach, and financial programs to increase housing provider participation in the HCV program. These recommendations are found in the Comprehensive Plan: • Adopt and implement a mix of educational / outreach programs to increase participation in HCV program. • Adopt and implement a mix of financial incentives / policies for creation of HCV units throughout community. Based on the Source of Income Committee recommendations, the City now requires housing developers to accept HCV participants in conjunction with approval of an affordable housing development agreement related to an urban revitalization plan. Location Affordable housing projects are given a priority for city support if they are located outside an area of concentrated poverty based on the recommendations of the Voluntary Compliance Agreement and U.S. Department of Housing and Urban Development. The Amended Radford Road Urban Revitalization Area is outside the area of concentrated poverty and therefore meets this objective. Opportunity Areas lowa's LIHTC program calculated the "high" and "very high" opportunity areas as part of the State of lowa's Analysis of Impediments to Fair Housing Choice. IFA and the lowa Economic Development Authority are required to conduct such an analysis because both agencies administer HUD funding. One of the components of the Analysis is to identify Opportunity Areas. HUD adapted the Communities of Opportunity model to calculate opportunity index scores for each census block group on six separate dimensions: Prosperity, Labor Market Engagement, Job Access, Mobility, School Proficiency, and Community Health. Each dimension analyzed for lowa's Analysis of Impediments to Fair Housing Choice includes a collection of variables describing conditions for each census tract in the State. The Amended Radford Road Urban Revitalization Plan is in a designated "high" opportunity area. Community Input All projects requesting city support are required to hold a community meeting, where at 3 a minimum, residents within a 200-foot radius of the project receive an invitation. Horizon Development Group, Inc. held a community meeting on January 17, 2020. No community members attended this meeting or provided input on this development. Estimated Property Tax Calculations The current property value, based upon 2019 Beacon data, is $404,800. The parcel was subdivided in 2019, a new estimate of valuation has not been provided but has been estimated around $202,000 based on a per acre estimation after subdivision. The developer estimates after improvements the assessed value for taxation will be $1,490,000. After increased valuation, an estimated abatement of$43,000 will be in effect for 10 years for an estimated total of$430,000. After the abatement period expires the property will be taxed based on the assessed value for taxation as determined by the assessor. Recommendation Staff recommends the City support these efforts to promote quality, affordable housing, with attention to the needs of seniors. The Amended Radford Road Urban Revitalization Plan provides affordable family housing outside the area of concentrated poverty, is in a location with proximity to key community services and living wage job opportunities, and is consistent with the recommendations of the Voluntary Compliance Agreement with the U.S. Department of Housing and Urban Development. I respectfully request the City Council hold a public hearing and approve the Radford Road Urban Revitalization Plan as amended. 4 Prepared by Alexis Steger, Housing & Community Devel., 350 W. 6th St., Suite 312, Telephone: 563-690-6072 Return to: Kevin Firnstahl, City Clerk Address: City Hall- 50 W. 13th St Telephone: (563) 589-4100 RESOLUTION NO. 60-20 APPROVING THE ADOPTION OF AN AMENDED URBAN REVITALIZATION PLAN FOR THE RADFORD ROAD URBAN REVITALIZATION AREA Whereas, on December 3, 2018 the City approved an Urban Revitalization Plan (the Plan) for the Radford Road Urban Revitalization Area; and Whereas, on February 4, 2020 the City Council set a public hearing for the review and approval of an amendment to the Plan; and Whereas, the City ordered the Clerk to publish notice of a public hearing on the Plan to be held on February 17, 2020 on the proposed adoption of the amended Plan; and Whereas, the City has held the required public hearing, and proposes adoption of the Plan as amended. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA THAT: The Amended Urban Revitalization Plan for Lot 1 Wolff Place No 2 in the County of Dubuque, City of Dubuque, Iowa, according to the recorded plat thereof, known as the Radford Road Urban Revitalization Area is hereby approved. Passed, approved and adopted this.7th day of February, 2020. f 6,0 oy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Concentrated Areas of Poverty by Census Tract • - 1 .03 \ Proposed Affordable Housing Projects 11.02 1 52 32 4 � 3 11.01 I / 151 61 �/ 5 6 1 . 4 ' / 7.01 � 12.05 � 12.01 * . Radford *Alta Vista Road �2.02 � � 9 �.02 � 102.0 --y� 20 � �y _ 1 $.�2 � 8.01 10 .04 � � 20 / 101 A ' 61 151 LEGEND � >40% of population below poverty threshold � Between 30-39.9% of population below poverty threshold � Census Tracts 2010 � Dubuque City Limits �ISCLAIMER:Th'is'inbrmation was compiled sing the�ubuq ue Area Geograph'ic Inbrmatlon System (�AGIS),wh'icM1�includes data created by botM1 tM1e C'ity ot o�b�a�ea�do�e�a�eco��iy.u��s��ae5moamai,wn��ie me c�ry or o�e�a�e a�a vam��van�e aee��es�m�zed me ose��Rem a�a a��weie��ro�mei�o�eoeneme,oncis e�d le�s�vvnes ao�ot wer�m me e��oy oro�rre�oy orme 'intormation or tlata con�ainetl M1erein.TM1e C�ity antl paM1icipating agenc�ies sM1all not be M1eltl I�iable for any tl�irect.�intl�irect.�inciden�al, sequential,pun�itive,or special tlamages,wM1etM1er foreseeable or u�ntoreseeable,arising out ot the authorized or unautM1orized use ot �h=da�ao,�he�ab��y�o�=e�h=da�ao,o��o�a�yb,ea�ho� Souree: 2016 ACS wa„a��Y wha�oe,�,. LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1/2-Mile of a Transit Stop 52 S2 v A�G KENNEDY � PO G� � ��L ��Lp _i"�� `� y�Rti ,� ,. ��/ `�G � /� �� W � �� P�.�E��P�' z �o��'� �� d a Q � � �� o - x ` ASBURY T m � .....Zo.�N Z � z m - o � m � 2 �� 9�N 9 � � MIDDLE PENNSYLVANIA �g� m `'��,� v ° �� / 20 �, DODGE ---- v Q� � _ ' __` � m / Sz 6 N KEY O1/2-Mile Buffer of Transit Stop Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of a Full Service Grocery Store 52 S2 q p -� G � KENNEDY Po o�, y q r � `�� yORti � �O F �ti � . ..�`� W � �� PR,�ER�P� z ��v-�m� r� d a Q � � OI�� Z ASBURY (N t z � � ZO � m �� - 0 / ^ � � m � 2 \ N 'p� [ � 9� 7' � � � ! MIDDLE PENNSYLVANIA �g� m `'��,� v v m 20 � _ DODGE \ L� �� N \ � __ � _ "' \ / S2 6 N KEY 1-Mile Buffer of Full Service Grocery Stores Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of a Licensed Childcare Center 52 � S2 v A �G KENNEDY PO O� iy 9 T L`� h'y�Rti �O F �ti � � W � �� PR,�ER�P� z ��v-�m� �� d a Q � � � � O Z ASBURY -n ) m L�(N � 1 Z (1 \ A , z U m � � o � � � m � 2� �f �� 9�N / � � �'�'7 MIDDLE — PENNSYLVANIA �g� m `'��,� v v m 20 � �,,,- DODGE � �� m � ' — � / � Sz 6 N KEY O1-Mile Buffer of Licensed Childcare Centers Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of a School 52 S2 v A �G KENNEDY PO O� iy 9 T L`� �yORti �O F �ti � w 1 �� Q¢ � � PR��P�. z �� o�m E !J a Q � � � 0 z ASBURY -n ) m L�(N �\ Z (1 z U m � �j'\/ o � � � m � 2� �� 9�N � � � � � MIDDLE PENNSYLVANIA �g� m `'��,� v v m 20 � DODGE � p� \ �� m � _ / Sz 6 N KEY 1-Mile Buffer of Schools Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of a Park 52 S2 v G KENNEDY PO 9 T S�L` �yOR� �O ,F\ �ti � V � w 1 �� Qe � � P��P�. z �� 0�0 .E d a Q � � / O ^ � Z ASBURY m � 20� �� Z z , m � 0 / ^ � °m � � �a - �� 9�N � — y � - MIDDLE PENNSYLVANIA �5� m `��\�(c v v m 20 � �-� DODGE L� �� ' � Sz 6 N � KEY O1-Mile Buffer of Parks Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of a Library 52 S2 q p -� G � KENNEDY Po 9 s�L�� y�ryORti ` �o F � �ti � �, ea' ��P�- ' * �°'`�� '� <a P�CE oz �O � � � / 7 o ^ _ z ASBURY m � ZO�N z z m � / � o ; � � �m � , � 2� �� 9�N � � �i MIDDLE PENNSYLVANIA i �g�� N J��J� r m v � � 20 � DODGE �f Q^ � � � �/ � m � ' / S2 6 N KEY 1-Mile Buffer of Library Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of Senior Center 52 S2 q p -� G � KENNEDY Po 9 s�L�� y�ryORti ` �o F � �ti � �, ea' ��P�- ' * �°'`�� '� <a P�CE oz �O a Q � � O � Z ASBURY m � Zo�N z z m � � � - o � \ °m � � � � N 'p� � 9� 7' _ � ! MIDDLE PENNSYLVANIA �g� m `��\�`c � I v m 20 � DODGE � - p� . m � _ / S2 6 N KEY O1-Mile Buffer of Senior Center Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 Within 1-Mile of Cultural Arts Facility 52 S2 q AG KENNEDY � PO 9 T .. ��L�� y�Rti / �� ti � C� Q� �\P� > * ��t�� '��Q� P�CE oz �O � � � O I /� z t y ASBURY m � Zo�N z z m � � - o � °m � � �a �� 9�N � _ � y � MIDDLE PENNSYLVANIA �g� m J�\�� v v m 20 � � DODGE f i �� G]� \ , � f m � _ / S2 6 N KEY O1-Mile Buffer of Cultural Arts Facility Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles LOW INCOME HOUSING TAX CREDIT AFFORDABLE HOUSING PROJECTS 2013-2018 lowa Opportunity Index Census Tracts 52 S2 \ q p -� G � KENNEDY Po 9 s�,L` y�ryoR� ?� � �� R�P�" � � F�'�� d P�CE Z 2`O � � � O � Z ASBURY p m U Zo�N \/ z z � m o � � °m � � �a � �, �� 9�N �v � � MIDDLE PENNSYLVANIA �g� m `��\�`c v v m 20 � � DODGE R \ / � S2 � N � KEY Olowa Opportunity Index Census Tracts Affordable Housing Project Site � � Approved � Proposed 151 US NWY 15�N 2 1 0 2 Miles DRAFT Amended Radford Road Urban Revitalization Plan Established, November 2018; Amended February 2020 1.0 Introduction The following plan describes certain provisions of the lowa Urban Revitalization Act and proposes the amendment of the Radford Road Urban Revitalization Area. The State of lowa, under lowa 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. lowa Code Chapter 404.1 lists five reasons for which a city or county may establish urban revitalization plans. These include: 1. The existence of numerous buildings that are dilapidated or deteriorated, detrimental to the public health, safety, or welfare of the area 2. An area challenged by the presence of a substantial number of deteriorated or deteriorating structures along with additional other defective or unsafe conditions impairing the provision of housing 3. An area in which there is a predominance of buildings or improvements which by reason of age, history, architecture or significance should be preserved or restored to productive use. 4. An area which is appropriate as an economic development area as defined in section 403.17. 5. An area designated as appropriate for public improvements related to housing and residential development, or construction of housing and residential development, including single or multifamily housing. The Amended Radford Road Urban Revitalization Plan will be based upon the need for the encouragement of housing and residential development. 2.0 The Area 2.1 Location Exhibit A identifies the location of the Revitalization District in the City of Dubuque. As indicated on the map, this area is located at 1865 Radford Road Amended Radford Road Urban Revitalization Plan February 2020 Page 2 of 6 and 1895 Radford Road, which are Lot 2-1 Wolff Place No. 2 and Lot 1-1 Wolff Place No. 2, to the centerline of the adjoining public right-of-way. The boundaries of the district are restricted to the property of Lot 2-1 Wolff Place No. 2 and Lot 1-1 Wolff Place No. 2 to the centerline of the adjoining public right-of-way. This area was formerly known as Lot 1 Wolff Place No 2 in the establishment of the Radford Road Urban Revitalization Plan in 2018. 2.2 Zoning 1895 Radford Road or Lot 1-1 Wolff Place No. 2 was re-zoned per ordinance 33-18 as OC Office Commercial District on November 17, 2018 to accommodate a multi-residential structure. 1865 Radford Road or Lot 2-1 Wolff Place No. 2 was rezoned OC Office Commercial District on February 17, 2020 to accommodate a multi-residential structure. 2.3 Existing and Proposed Land Use The subject property has been used as farmland and there has been no building constructed on the site. The proposed land use is OC Office Commercial District for a multi-residential structure. 2.4 Assessed Valuations and Owners of Records The existing assessed valuation of the land in the Revitalization District, is $397,020.00. 2.5 City Services This area is served by city services. 3.0 Relocation No relocation should occur due to the rehabilitation of the parcels identified for expansion of this district. Should relocation occur because of rehabilitation in the proposed district, the person(s) causing a qualified tenant to be displaced shall pay all the relocation costs of the tenant as a condition for receiving a tax-exemption under lowa Code Section 404.3. "Qualified tenant" shall mean the legal occupant of a residential dwelling unit which is located within this designated revitalization area and who has occupied the same dwelling unit continuously for one year prior to the city's adoption of this plan pursuant to lowa Code Section 404.2. 4.0 Qualification of Areas The Amended Radford Road Urban Revitalization Area for purposes of this initiative is an area restricted to Lot 1-1 Wolff Place No. 2 and Lot 2-1 Wolff Amended Radford Road Urban Revitalization Plan February 2020 Page 3 of 6 Place No. 2 to the centerline of the adjoining public right-of-way in the City of Dubuque. The housing in the area is more than 200 feet from this parcel and consists of single-family homes. Exhibit B shows the Revitalization Area in comparison to areas of concentrated poverty. This Revitalization Area supports the initiative to create affordable housing units outside the area of concentrated poverty. The Revitalization Area is adjacent to Eleanor Roosevelt Middle School and Carver Elementary School. Within one mile of the Revitalization Area there is a childcare center, county library, grocery store, pharmacy, retail establishments, local transit, and restaurants. Additionally, there are several employment opportunities within one mile of the Revitalization Area, which include the establishments listed above as well as many industrial and commercial employers such as Kendall Hunt Publishing, Geisler Brothers, Rite Hite, Weber Paper, A.Y. McDonald, and the Dubuque Regional Humane Society, among numerous others. 4.1 Historic Significance The Amended Radford Road Urban Revitalization Area has been used as farmland. There have been no buildings constructed on the site. 5.0 Revitalization Program 5.1 Tax Exemption a) Residential property, assessed as residential or assessed as commercial property, if the commercial property consists of three or more separate living quarters with at least seventy-five percent of the space used for residential purposes, will be eligible for property tax exemption. The property tax exemption will be in accordance with the Code of lowa, Chapter 404.3(4), providing for a ten-year, 100% exemption of the actual value added by the improvements. Property assessed as commercial, other than described above, will be eligible for property tax exemption in accordance with Code of lowa, Chapter 404.3 (3), providing for a three-year, 100% exemption of the actual value added by the improvements. This will provide an incentive for neighborhood commercial uses to expand and grow in the area. b) "Qualified real estate" means real property, other than land, which is located in a designated revitalization area and to which improvements have been Amended Radford Road Urban Revitalization Plan February 2020 Page 4 of 6 added, during the time the area was so designated, which have increased the actual value by at least fifteen percent., or at least ten percent in the case of real property assessed as residential, or which have, in the case of land upon which is located more than one building and not assesses as residential property, increased the actual value of the buildings to which the improvements have been made by at least fifteen percent. c) Property tax exemption shall be available only for`new construction'. "Actual value added" means the actual value added as of the first year for which the exemption was received. d) Any construction or improvements that were assessed before the area was officially designated will not be eligible for exemption. Construction begun prior to one year prior to the area becoming designated will not be eligible for exemption. All exemptions existing at the time of the repeal of the Amended Radford Road Urban Revitalization District shall continue until their expiration. e) New Construction must result in a structure meeting applicable building, plumbing, mechanical, electrical, and other code requirements of the City of Dubuque. f) The actual value of the improvements must result in an increase in assessed value as stated above in (b). Each year that an application is made for tax exemption, the assessed value must have increased in that year by the required percentage. g) The area became a Revitalization Area commencing upon the adoption of the ordinance approving this Revitalization Area by the City Council on January 7, 2018. The designation of the Amended Radford Road Urban Revitalization Plan Area will remain in effect until the desired level of revitalization has been attained. Upon repeal of the ordinance establishing this revitalization area, all existing exemptions would continue until their previously established expiration date. 5.2 Availability of funding There are two active programs, which may provide a source of funding for residential and commercial improvements to the proposed district. These include; Community Development Block Grant Funds (CDBG), Housing Tax Increment Financing. 6.0 Application Procedure This area, upon designation, will follow the procedures for application and granting of the property tax exemption within the City of Dubuque. Amended Radford Road Urban Revitalization Plan February 2020 Page 5 of 6 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: a. The nature of the improvements, b. The cost of the improvements, c. The actual or estimated date of completion, and d. The tenants occupying the property as of the date of the City's resolution adopting this plan. c) The City reviews all applications to determine whether the improvement project conforms to the revitalization plan, is within a designated area, and if the improvements were made during the appropriate time period. If the project meets all three criteria, the City shall forward the application to the assessor by March 1St, with a statement as to which exemption applies. 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 lowa Code. The property owner may also refile an application in a subsequent year after additional improvements have been made. e) After the tax exemption is granted, the assessor shall continue to grant the tax exemption, with periodic physical review by the assessor, for the ten- year time period specified in the tax exemption schedule. f) An application for exemption received by February 1 in any year after the year in which the improvement was completed and first assessed for taxation, is a late application. Late application may be made in any year up to the tenth year following completion of the improvement. The exemption period will be the remainder of the ten-year period, which began upon Amended Radford Road Urban Revitalization Plan February 2020 Page 6 of 6 completion of the improvement, except the total number of years in the exemption schedule will be allowed if a claim for exemption is filed within two years of the February 1 filing deadline. 7.0 Conclusion The proposed urban revitalization district will encourage new construction to provide needed housing units and supporting commercial uses for the citizens of Dubuque and the surrounding area. After the ten-year abatement period lapses, the full assessed value of the property will go on the tax rolls to the benefit of the entire community. EXHIBIT A & B (Maps) Amended Radford Road Urban Revitalization Plan 2020 EXHIBIT A �:�� (�+'�� ', � ' �� i r�-� �� - . . - .. •�� - - I . ..� � � � '� � i t � .t .- �� ` � � ! ' ; ' � � � ,. _ _.�� .�� , � �" ' _ ` -- --- . � � . •�� .., , i - �-:��, - . ' � � ---- -.� „�= . � ': � r � � . _ ' z� .�-�� .�-�� .- . , . . � -� . ~ �4 � �x�� ' Amended Radford Road Urban Revitalization Area � �^, �.4�. . `'°��-±r' �'� ' (formerly Lot 1 Wolff Place No 2) . � 'y��` . - � ' '��.�-:.� ._ . ,`.F,��"'iti*��:+'' - „;:'�,- ; , ' 1865 Radford Road 1895 Radford Road ! _ . . !.*T { �� Lot 2-1 Wolff Place No 2 Lot 1-1 Wolff Place No 2 , . , �u�4 k I �� µ�� _ � �rr . .{ �,�; 9' ""r. „", � ' ,; ' `` �} ��+., r-�r.. �� .� �i.iR.�� y�, r�r, *TR � � � a � � r. 1� � s r �� I�� - � �_�- `�� -�'� � - e ' .�' — �F � .- ; � � � � i � ' x� T'�T'�.� *+'��x.-� �� I �� I-5�: -�-wr' . �" ■ • � +% ' . � �� ' ��f '" ""l�.'tr I �� ,�r� --� t .��F �.� f .� � �. '�. ` �r��i Y� � � ' � ,' . .. ' n- ., i I- . .. ._ .-� Concentrated Areas of Poverty by Census Tract EX�'1 I b It B - - I - 1 .03 ,\ 11.02 1 52 32 4 � 3 11.01 I / 151 61 �/ 5 6 1 . 4 / 7.01 � * 12.05 � 12.01 Project Location 12 02 � � 9 7�02 102.0 --y� 20 � �y _ 1 $.�2 � 8.01 10 .04 � � 20 / 101 A ' 61 151 LEGEND � >40% of population below poverty threshold � Between 30-39.9% of population below poverty threshold � Census Tracts 2010 � Dubuque City Limits �ISCLAIMER:Th'is'inbrmation was compiled sing the�ubuq ue Area Geograph'ic Inbrmatlon System (�AGIS),wh'icM1�includes data created by botM1 tM1e C'ity ot o�b�a�ea�do�e�a�eco��iy.u��s��ae5moamai,wn��ie me c�ry or o�e�a�e a�a vam��van�e aee��es�m�zed me ose��Rem a�a a��weie��ro�mei�o�eoeneme,oncis e�d le�s�vvnes ao�ot wer�m me e��oy oro�rre�oy orme 'intormation or tlata con�ainetl M1erein.TM1e C�ity antl paM1icipating agenc�ies sM1all not be M1eltl I�iable for any tl�irect.�intl�irect.�inciden�al, sequential,pun�itive,or special tlamages,wM1etM1er foreseeable or u�ntoreseeable,arising out ot the authorized or unautM1orized use ot �h=da�ao,�he�ab��y�o�=e�h=da�ao,o��o�a�yb,ea�ho� Souree: 2016 ACS wa„a��Y wha�oe,�,. i� i 1 S7CATE OF IOWA {SS: I�� DUBUQUE COUNTY � � � CERTIFICATION OF PUBLICATION !i ;I �i I, Suzanne Pike, a Billing Clerk for Woodward crrvoFouauQuE, � Communications, Inc., an Iowa corporation, publisher oFFrc ai"Nor'�ce , i'I NOTICE OF PUBLIC ' ,1 of the Telegraph Herald, a newspaper of general HEARING> (aF rHE �; CITY .CQUNCIL 'OF ' � circulation published in the City of Dubuque, County rHE c�ry oF i QUBUQUE,-'IOWA, 0N. , of Dubuque and State of Iowa; hereby certify that the rH1�n�arrEe oF rwE il ADOPTION'OF A PRO- attached notice was published in said newspaper on the �osED AMENDMENT ' TO . YHE RADFORD pny persons>iriterest-.' I� f0110W111g C�2t05: ROAD URBAN REVI- ed may appea,r at said ' ;� 7`ALIZATION�PLAN ;. meeting af the City , Public notice.is here- Council and present eu-- FebTUaPy �7, 2020, by given that the Coun- idence for or;against i� cif. of' the City of � the ':adoption i of the , i Dubuque;, ;lowa, will � Plan.: The proposed ; a11C1 fOP W�11C11 t110 C11aTge 1S �32.ss hold a public hear,ing j Plan,is on file in the of-. ; on February 17,,2020 I fic.e,of the,City Clerk ' � at�6 00 p.m;�in,the His dnd,available fior public ; � tonc Federal Building, inspeCtion or ;copying ' ^-1 350 ,W. 6th. Street, during regul�r offiGe 1 � I Dubuque, ..lowa,� ;;at hours.. � wfiich;meeting the City Written comments re,�j i Council proposes to 9arding the above pub�' 'I take .�action on� th�e � lic 1learings may be ad'option bf an amentl- submitted to the City, SllUSCP1�0C� t0 b0fOT0 T110, �NOtaTy PUbIlC 111 a11C� fOP ed'`urban"revitalization i Clerk's Office on or,be- ,; plan designated as the � fore said time of pubiie� ! Ui�ban `Revitahzation hearing at 50�W, 13th� C; DUbUC1U0 COU11ty� IOWa� Plan-for Radford Boad � Street, or ctyelerk��-; I (tlie Plan )-under°the I tyofdubuque,org. 4t ; authoriYy of Chapte_r` said,-time-and�place of:�� t111S�_C�ay Of � , ZQp��, 404 Code of lowa, as � public hearings� all fh-- � /�`'-- 3reiended. � terested citizens and. j (J The prop,erty which � parties Will be given an � � comprises the revital- � opportunity to be ization are'a �Nithin: ; heard' for�or against ' '' w�,fch the Plan shall be said proposaL �, � ap�5ficable�is�legally de- Individuals wPEh limit- G NOt� pL1bI1C 1T1 C� OP DUbUC�UO COU11 , IOWa. scribed.as located at i ed English proficiency,: �' 18,65 Radford�Roa�d and� vosion; hearing = or � 1895 Radford ..Road,;� speech impairments' which are Lof.2 1 Wolff' requiring,special assis- Place No 2'and Lot.1-1 tance should contact., iI, Wolff P,lace:No..2, to the City Clerk's Offiee " ��""�"�" th�� centerlin� of the�� at.563)589-4100�or TT`Y " � c:"`"-�a,, JANET Ff.PAPE adjoming public right-' (563) 690 6678 as soon , _ , Ca�m�i.a.sia�n Piurn�b�2t 19'9�859 of-way , asfeasible. ;) �.�,�flm�.�p,�}��j��(y��,� � C.�hapter 40q�,Code of� This rloYice�ig given bj� � � '��" loova as amend`ed,and: order of the CitysCoun-,�'� the:Plan autfiorize the' cii of the City of' � City to make'p'roperty' Dubuqae lowa., p tax. .exemptions. for:. Dated this 7th day of property on..which im-" February 2020 pro,uemerits have beeni Kevin S.Firnst�hi,, made. CMC,City Clerk` � 1t 2/7;: — _, � � � � � � �