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LRP Urban Renewal LetterPlanning Services Department City Hall 50 West 13~ Street Dubuque, IA 52001-4864 (563) 589-4210 phone (563) 589-4221 fax (563) 589-6678 TDD planningQc ityofdubuque. org THE CTTY OF DUB E Masterpiece on the Mississippi December 13, 2007 The Honorable Mayor and City Council City of Dubuque 50 W.13th Street Dubuque, IA 52001 RE: Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District Dear Mayor and City Council Members: Discussion On December 12, 2007 the Long Range Planning Advisory Commission reviewed the proposed Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District. One of the roles of the Long Range Planning Advisory Commission is to review proposed urban renewal plans and urban renewal plan amendments for consistency with the comprehensive plan for the city. The amendment expands the existing urban renewal district to include the Warehouse District and the South Main Street subarea. The expansion of the urban renewal area supports the future rehabilitation efforts and adaptive reuse of the Warehouse District and South Main Street subarea. Incorporation of these properties into the Greater Downtown Urban Renewal District will make several economic development tools available, such as tax increment financing and access to the Downtown Rehabilitation Loan Program. The Long Range Planning Advisory Commission feels the improvements made within the Greater Downtown Urban Renewal District have benefited the areas and the city. The Commission believes the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District is consistent with the following goals and objectives of the Dubuque Comprehensive Plan: Amended and Restated Greater Downtown Urban Renewal District F:\Users\djohnson\Council Items\Urban Renewal Revitalization Districts\GDURD - Warehouse District & South Main Page 2 1. Economic Development • Goal 1 - To reduce unemployment, achieve economic stability, and increase the standard of living for all citizens. • Objective 1.3 -Facilitate access to economic incentives for quality job creation and/or tax base enhancement. • Goal 3 - To concentrate on retaining and expanding existing local businesses. • Objective 3.8 - Support downtown revitalization and neighborhood business development. • Goal 8 - To strengthen the local tax base. • Objective 8.1 -Expand and diversify the tax base • Objective 8.2 -Attract and retain capital intensive industries for increased property values. • Objective 8.3 - Encourage property improvements and revitalization throughout the City. 2. Land Use and Urban Design • Goal 7 - To encourage redevelopment opportunities within the city in an effort to revitalize unused or underused property while promoting the preservation of viable and affordable housing stock. • Objective 7.1 -Encourage redevelopment or adaptive reuse of vacant or underutilized buildings and sites. • Objective 7.3 - Promote redevelopment that maximizes existing infrastructure. Recommendation: By a vote of 4 - 0, the Long Range Planning Advisory Commission recommends approval of the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District. Respectfully submitted, ~~ Dr. Charles Winterwood, Chairperson Long Range Planning Advisory Commission cc: Michael Van Milligen, City Manager David Heiar, Economic Development Director