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Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2021.5_InitiateCopyrighted August 16, 2021 City of Dubuque Items to be set for Public Hearing # S. City Council Meeting ITEM TITLE: Resolution of Necessity for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2021.5 SUMMARY: City Manager recommending City Council approval of a Resolution of Necessity that finds that an Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District is both necessary and appropriate and sets a public hearing on the proposed amendment for September 20, 2021. RESOLUTION Authorizing and directing the City Manager to prepare an Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District and setting dates for the public hearing and consultation process on the proposed Amended and Restated Urban Renewal Plan for said district SUGGESTED Receive and File; Adopt Resolution(s), Set Public Hearing for DISPOSITION: September 20, 2021 Suggested Disposition: ATTACHMENTS: Description Type DICW Urban Renewal Plan Amendment 2021.5-MVM City Manager Memo Memo Staff Memo Staff Memo Resolution Setting Public Hearing Resolutions Attachment A - area map Supporting Documentation Notice of Hearing Supporting Documentation THE C Dubuque DUUB-.-*.-TE *Awiu Ciq 1I. ' I�� iece on the Mississippi Masterpiece PP zoo�•zoi 2-2013 zoi7*2019oi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Resolution of Necessity for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, Version 2021.5 DATE: August 12, 2021 Economic Development Director Jill Connors recommends City Council approval of a Resolution of Necessity that finds that an Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District is both necessary and appropriate and sets a public hearing on the proposed amendment for September 20, 2021. The proposed Amended and Restated Urban Renewal Plan for the District would expand the District to include the property to be designated as a new Subarea O. I concur with the recommendation and respectfully request Mayor and City Council approval. k�4 v4j�� Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jill M. Connors, Economic Development Director THE CITY OF E Masterpiece on the Mississippi Dubuque AII•Amerin City NniK���i rnz: u;v�ur 2007-2012.2013 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director Economic Development Department 1300 Main Street Dubuque, Iowa 52001-4763 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdubuque.org SUBJECT: Resolution of Necessity for the Amendment of the Dubuque Industrial Center Economic Development District Urban Renewal Plan, version 010AiIR DATE: August 11, 2021 INTRODUCTION This memorandum presents for City Council consideration a Resolution of Necessity that finds that: 1) an Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District ("District") is both necessary and appropriate; and 2) sets a public hearing on the proposed amendment for September 20, 2021. The proposed Amended and Restated Urban Renewal Plan ("Urban Renewal Plan") for the District would expand the District to include the property to be designated as a new Subarea O. BACKGROUND The original Dubuque Industrial Center Economic Development District was created on May 2, 1988. The District is an urban renewal area which allows the City of Dubuque to capture tax increment revenue from improvements made in the District in order to promote economic development activities. The original area included the Dubuque Industrial Center (known as Subarea A) and has been expanded several times over the years to include Dubuque Industrial Center West, the County Farm, the Bergfeld Farm, the North Siegert Farm, the Rail Site, the South Siegert Farm, the Graf Farm, McFadden Farms, small adjacent parcels, and several County -owned parcels (known as Subareas B,C,D,E,F,G,H,I,J,K,L,M,and N). Before a municipality can exercise the authority conferred by Iowa Code Chapter 403 Urban Renewal, a Resolution of Necessity must be adopted finding that the area being considered for urban renewal district designation is either a slum, blighted or economic development area and that the rehabilitation, conservation, redevelopment, development, or a combination thereof, of the area is necessary in the interest of the public health, safety or welfare of the residents of the city. DISCUSSION This proposed expansion and amendment of the Dubuque Industrial Center Economic Development District would result in the addition of property that is currently undeveloped. An additional office building project is also being negotiated in Subarea A of the District. Staff has recommended removal of a parcel from the District as part of a proposed 2021.4 Amended and Restated Urban Renewal Plan to be considered by City Council on September 20, 2021. The parcel is undeveloped, and therefore not creating any increment. Due to legislation in 1995, the collection of tax increment in urban renewal areas designated for economic development purposes is limited to 20 years. This means that due to the 2008 creation of Subarea C of the District within which this parcel had been a part, the parcel will have its "TIF sunset" within 7 years. By now designating the parcel as a new Subarea O, the City will have 20 years to collect and utilize tax increment generated by the property to achieve objectives identified in the Urban Renewal Plan. The attached Resolution directs staff to prepare a Version 2021.5 Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District, including the new Subarea O described above. Additionally, staff is required to hold a consultation process, required by law, with the affected taxing entities concerning the proposed Plan. A City Council public hearing on the 2021.5 Amended and Restated Urban Renewal Plan will be scheduled for September 20, 2021. The public notice will be published four to twenty days before the meeting to allow for the appropriate publication requirements. This will allow time for preparation of the Plan and the consultation process with the taxing entities. RECOMMENDATION / ACTION STEP I recommend the City Council adopt the attached Resolution of Necessity that begins the process of drafting the Amended and Restated Urban Renewal Plan for Dubuque Industrial Center Economic Development District to expand the district. 2 Prepared by Jill Connors, Economic Development 1300 Main St., Dubuque IA 52001 (563) 589-4393 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 1P St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 287-21 AUTHORIZING AND DIRECTING THE CITY MANAGER TO PREPARE AN AMENDED AND RESTATED URBAN RENEWAL PLAN FOR THE DUBUQUE INDUSTRIAL CENTER ECONOMIC DEVELOPMENT DISTRICT AND SETTING DATES FOR THE PUBLIC HEARING AND CONSULTATION PROCESS ON THE PROPOSED AMENDED AND RESTATED URBAN RENEWAL PLAN FOR SAID DISTRICT. Whereas, the City Council of the City of Dubuque has heretofore approved the Amended and Restated Urban Renewal Plan (the "Plan" or "Urban Renewal Plan") for the Dubuque Industrial Center Economic Development District (the "District') 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 Plan be amended to expand the District; and Whereas, Iowa Code Chapter 403 requires that before a Plan may be modified, the City Council must follow the notification, consultation, and public hearing process set forth therein. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City Manager is authorized and directed to prepare an Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District to include in such Plan any appropriate project activities and details, O8112021bal and to determine an appropriate date for and conduct the consultation process required by law with affected taxing entities concerning the proposed amendment. Section 2. That the City Council hold a public hearing on the adoption of the proposed Amended and Restated Urban Renewal Plan forthe Dubuque Industrial Center Economic Development District on September 20, 2021 at 6:30 p.m. in the form attached hereto. 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 in a newspaper having general circulation within the City not less than four days nor more than twenty days before the date of said meeting. A copy of the notice of public hearing shall be sent by ordinary mail to the affected taxing entities. Section 3. That the Economic Development Department is further directed to send by ordinary mail a copy of said Plan, the notice of public hearing, a notice of consultation, and, to the extent the 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 16th day of August, 2021. ATTEST: d4'e'/ _e_ 11 Adrienne N. Breiffelder, City Clerk Danny C. rank, Mayor Pro Tem z MAXIMMIN o� I o tri enter Economic Dev F ,.....MIDDLE RD' 0 ERn- a 0 0 District Boundary - Subarea I Subarea A - Subarea Subarea B - Subarea K Subarea C Subarea L Subarea D - Subarea M \\dbgisilon1\Projects\Eronomir lopm f Urban Renewal Districts\Dubuque Industrial Center\2021\Dubuque) 8/13/2021 1 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 20th day of September, 2021, at 6:30 p.m. in the Historic Federal Building, 350 W. 6th Street, 2nd floor, Dubuque, Iowa. At said meeting the City Council will consider a proposed Amended and Restated Urban Renewal Plan ("Plan") for the Dubuque Industrial Center Economic Development District ("the District"). The official agenda will be posted the Friday before the meeting and will contain public input options. The City Council agenda can be accessed at https://cityofdubuque.novusagenda.com/AgendaPublic/ or by contacting the City Clerk's Office at 563-589-4100, ctyclerk cityofdubugue.org. The proposed Plan, if approved, would amend and restate the Plan to create a new Subarea within the District, Subarea O, by adding property to the District. Subarea O includes undeveloped property that was previously a portion of Subarea C, but that was removed from Subarea C by Version 2021.4 of this Plan. The City Council has found that the proposed areas meet the definition of an economic development area as defined in Iowa Code Chapter 403 and should be included therein. At the meeting, the City Council will receive oral and written comments from any resident or property owner of said City to the above action. Written comments regarding the proposed Plan may be submitted to the City Clerk's Office on or before said time of public hearing. Copies of supporting documents for the public hearing are on file in the City Clerk's Office, 50 W. 13t" Street, and may be viewed during normal working hours. Agendas can be accessed at https://www.cityofdubugue.org/Agendas. Individuals with limited English proficiency, vision, hearing or speech impairments or requiring special assistance should contact the City Clerk's Office at (563) 589-4100, TDD/TTY (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 16t" day of August, 2021. Adrienne N. Breitfelder, City Clerk