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Lange Estate Urban Revitalization Plan Designation (Applewood IV) Copyright 2014 City of Dubuque Action Items # 3. ITEM TITLE: Lange Estate Urban Revitalization Plan Designation SUMMARY: City Manager recommending adoption of a resolution approving the Urban Revitalization Plan for the Lange Estate Urban Revitalization Area and adoption of an Ordinance establishing the Lange Estate Urban Revitalization Area. RESOLUTION Approving the adoption of an Urban Revitalization Plan for the Lange Estate Urban Revitalization Area ORDINANCE Amending City of Dubuque Code of Ordinances Title 3, Revenue and Taxation, Chapter 2 Revitalization Areas, by adopting a new Section 11 Lange Estate, establishing the Lange Estate Urban Revitalization Area, and establishing requirements for qualifying property owners SUGGESTED DISPOSITION: Suggested Disposition: 1) Receive and File; Adopt Resolution(s) 2) Receive and File; Motion B; Motion A ATTACHMENTS: Description Type Lange Estate Urban Revitalizaton Plan Designation- City Manager Memo MVM Memo Staff Memo Staff Memo Resolution Resolutions Ordinance Ordinance Lange Estate Urban Revitalization Area Plan Supporting Documentation Correspondence from Scott Kwiecinski, Horizon Supporting Documentation Development 2016 Low Income Housing Tax Credit Awards Supporting Documentation Suggested Motion Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Resolution Approving the Lange Estate Urban Revitalization Plan for the Development of Affordable Senior Housing at the Applewood IV Project of Horizon Development Group, Inc. and Adopting an Ordinance Designating the Lange Estate Urban Revitalization Area DATE: April 12, 2016 Housing and Community Development Department Director Alvin Nash recommends the City Council adopt a resolution approving the Urban Revitalization Plan for the Lange Estate Urban Revitalization Area and adopt an Ordinance establishing the Lange Estate Urban Revitalization Area. The Lange Estate Urban Revitalization Plan provides for the construction of a 60-unit planned residential housing development for seniors, Applewood IV. The planned development is the fourth installment in a series of senior housing developments Horizon has provided in the area. Horizon development is proposing a $9.2 million dollar project utilizing private financing, state HOME Funds, Federal Home Loan Bank Des Moines AHP, Tax Credit Equity, and Tax Abatement incentives to finance the project. The urban revitalization tax exemption provides local support for the project, which was awarded 2016 Low Income Housing Tax Credits from the Iowa Finance Authority on March 9, 2016. 1 concur with the recommendation and respectfully request Mayor and City Council approval. Mic ael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Alvin Nash, Housing & Community Development Department Director THE CITY OF Dubuque AII11-America CiI.ty UB E1 Masterpiece on the Mississippi 2007-2012-2013 TO: Michael Van Milligen, City Manager FROM: Alvin Nash, Housing & Community Development Director DATE: April 8, 2016 RE: Resolution Approving the Lange Estate Urban Revitalization Plan for the Development of Affordable Senior Housing at the Applewood IV Project of Horizon Development Group, Inc. and Adopting an Ordinance Designating the Lange Estate Urban Revitalization Area. Introduction This memorandum presents a review of the steps City Council has taken to establish the Lange Estate Urban Revitalization Area. The memorandum recommends the City Council adopt a resolution to establish the Lange Estate Urban Revitalization Area and adopt an Ordinance establishing the Lange Estate Urban Revitalization Area. Background Urban Revitalization Chapter 404 of the Iowa 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 supports important city objectives such as historic preservation, economic development and affordable housing development. In order to implement establish the Urban Revitalization Area, the City followed criteria and procedures for Chapter 404 of the Iowa Code. City Council adopted a resolution finding the designation of the Lange Estate Urban Revitalization Plan is necessary to encourage needed housing and residential development on November 16, 2015. In accordance with requirements under Chapter 404, the Lange Estate Urban Revitalization plan was developed and made available for public review prior to a public hearing. City code requires comment by the Long Range Planning Advisory Commission (LRPAC) on any urban revitalization plan. The LRPAC reviewed the plan at their February 17, 2016 meeting. City Council held the required public hearing on March 7t1, The development plan provides for the construction of a 60-unit planned residential housing development for seniors, Applewood IV. The planned development is the fourth installment in a series of senior housing developments Horizon has provided in the area. Horizon development is proposing a $9.2 million dollar project utilizing private financing, state HOME Funds, Federal Home Loan Bank Des Moines AHP, Tax Credit Equity, and Tax Abatement incentives to finance the project. The urban revitalization tax exemption provides local support for the project, which was awarded 2016 Low Income Housing Tax Credits from the Iowa Finance Authority on March 9, 2016. Discussion The City followed provisions and procedures of Chapter 404 for the preparation, public comment period, and required number of public hearings prior to making the recommendation to adopt the plan. The City did not receive a petition to hold a second public hearing on the Urban Revitalization Plan within the 30-day notice period following the initial public hearing. At this time, City Council may proceed with the adoption of the attached resolution approving the Plan and adopt the ordinance designating the area. Recommendation/Action Step I recommend that the City Council adopt the resolution approving the Urban Revitalization Plan for Lange Estate Urban Revitalization Area. I also recommend the City Council adopt the Ordinance establishing the Lange Estate Urban Revitalization Area. Prepared by: Erica Haugen, Community Development Specialist cc. Maurice Jones Laura Carstens 2 RESOLUTION NO. 159-16 APPROVING THE ADOPTION OF AN URBAN REVITALIZATION PLAN FOR THE LANGE ESTATE URBAN REVITALIZATION AREA Whereas, the City Council of the City of Dubuque (the City), Iowa on November 16, 2015 City Council approved Resolution No. 400-15, a resolution of finding that the designation of the Lange Estate urban Revitalization Plan is necessary to encourage needed housing and residential development providing safe, affordable housing for the residents of the City of Dubuque, Iowa and the property meets the criteria for Urban Revitalization as defined in Section 404.1(5) of the Iowa Code; and Whereas, on January 19, 2016 the City reviewed a proposed Urban Revitalization Plan (the Plan) for the Lange Estate Urban Revitalization Area, and scheduled, by Resolution No, 15-15, a public hearing to be held on March 7th, 2016 on the proposed adoption of the Plan; and Whereas, on February 17, 2016, the Long Range Planning Advisory Commission reviewed the plan and provided comment to City Council at the public hearing; and Whereas, the City ordered the Clerk to publish notice of a public hearing on the Plan to be held on March 7, 2016 oh the proposed adoption of the Plan; and Whereas the City Clerk published the notice of public hearing on February 19, 2016; and Whereas owners of record were notified by ordinary mail at least thirty days prior to the public hearing; and Whereas, the City has held the required public hearing after the required 30 day review period, and has not received a valid petition requesting a second public hearing with in thirty days after the public hearing held on March 7, 2016; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The Urban Revitalization Plan for Lot Two of Lange Estate in the County of Dubuque, City of Dubuque, Iowa, according to the recorded plat thereof, known as the Lange Estate Urban Revitalization Area is hereby approved. Passed, approved and adopted this 18 day of April, 2016t 4 it Rvr Attest: Kevi(n,F Firnstalil, City Clerk W. Jo , ayor ro-Tem ORDINANCE NO. 12-16 AMENDING CITY OF DUBUQUE CODE OF ORDINANCES TITLE 3, REVENUE AND TAXATION, CHAPTER 2 REVITALIZATION AREAS, BY ADOPTING A NEW SECTION 11 LANGE ESTATE, ESTABLISHING THE LANGE ESTATE URBAN REVITALIZATION AREA, AND ESTABLISHING REQURIEMENTS FOR QUALIFYING PROPERTY OWNERS NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. City of Dubuque Code of Ordinances Title 3, Chapter 2 is hereby amended by adding the following: 3-2-11: Lange Estate The area hereinafter described is hereby designated as the Lange Estate Urban Revitalization Area in accordance with the code of Iowa: Lot Two of Lange Estate in the County of Dubuque, IA City of Dubuque, City of Dubuque, Iowa, according to the recorded plat thereof. Section 2. The Lange Estate Urban Revitalization Plan as attached to this ordinance is hereby adopted and approved and the properties within said described area shall be subject to the provisions of said plan. Section 3. That the Lange Estate Urban Revitalization Plan shall hereafter be on file in the city clerk's office, City Hall, Dubuque, Iowa. Section 4.. That the City Clerk is hereby authorized and directed to publish this Ordinance on or after April 18, 2016, provided that the City Clerk prior to that date has received no valid petition requesting a second public hearing, and in the event such petition has been received, then this Ordinance shall be null and void. Passed, approved and adopted this 18th day of April 20 CRi W. Jogs, Mayor Pro -Tem Ke in, '. Firnstahl, 6-'ity Clerk Lange Estate Urban Revitalization Plan For Designation April 18, 2016 Contents Introduction.........................................................................................................................................2 TheArea ...............................................................................................................................................3 Availabilityof Funding......................................................................................................................4 RevenueBonds ..................................................................................................................................4 Relocation............................................................................................................................................4 Qualificationof Areas.......................................................................................................................5 RevitalizationProgram .....................................................................................................................5 ApplicationProcedure......................................................................................................................7 Conclusion...........................................................................................................................................8 [Type here] LANGE ESTATE URBAN REVITALIZATION PLAN For Designation April 18, 2016 Introduction The following plan describes certain provisions of the Iowa Urban Revitalization Act and proposes the Lange Estate Urban Revitalization area. The State of Iowa, under Iowa 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 through 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. Iowa 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; 2. The need for preservation and restoration of buildings due to their historic significance; 3. The area is appropriated as an economic development region as defined in Iowa Code 403.17; 4. The need for public improvements related to housing; 5. The encouragement of housing and residential development. The Lange Estate Urban Revitalization Plan will be based upon the need for the encouragement of housing and residential development, as defined in 404.1 (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. [Type here] The Area Location Exhibit A identifies the location of the Revitalization District. The 2.76 acre site to be included in the Lange Estate Urban Revitalization Area is located at 3275 Pennsylvania Avenue, Dubuque, IA 52001 , legally described as: Lot Two of Lange Estate, in the City of Dubuque, IA Zoning Exhibit B shows the existing zoning districts. The existing zoning classification is: Planned Unit Development with a PR Planned Residential designation. The City Council approved a zoning ordinance reclassifying the property located at 3275 Pennsylvania Avenue from R-1 Single-Family Residential district to PUD Planned Unit Development District with a PR Planned Residential District Designation on September 21 , 2015 to permit construction of a 60 —unit Senior Apartment Residence, Applewood IV. Existing and Proposed Land Use Exhibit C identifies the existing primary land use for the proposed district. East of the subject parcel there is multi-family development from 3125 to 3225 Pennsylvania Avenue, single family and commercial uses along John F. Kennedy. An unoccupied single family home is located on the parcel. The existing structure will be removed and a 60-unit senior housing community will be developed. The senior housing will provide a range of affordable rents and amenities that include a community room, leasing office, exercise room, and heated underground parking. Assessed Valuations and Owners of Records [Type here] The existing assessed valuation of the real estate in the Revitalization District as of October 26, 2015 is $180,230. $96,740 is the Assessed Land Value, $83,490 is the Assessed Dwelling Value. The 2015 Net Assessed Value is based on a residential classification. City Services There are no current plans to expand or improve City services to this area. Currently the area enjoys the same level of City services as most other areas of the City. Availability of Funding The development of the property will be funded with Iowa Low Income Housing Tax Credits, permanent mortgage, State HOME Funds, Federal Home Loan Bank Des Moines AHP, deferred development fee, and Tax Credit Equity. Revenue Bonds There are no plans to issue revenue bonds for revitalization projects in this area. Relocation No relocation is expected due to rehabilitation since the only structure on the property is currently vacant. Should relocation occur as a result of rehabilitation in the proposed district, the person(s) causing a qualified tenant to be displaced shall pay all of the relocation costs of the tenant as a condition for receiving a tax-exemption under Iowa 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 since one year prior to the city's adoption of this plan pursuant to Iowa Code Section 404.2. [Type here] Qualification of Areas The Lange Estate Urban Revitalization District Area, for purposes of this initiative, is an area bounded by Pennsylvania Avenue to the south, and is adjacent to the rear lot-lines of single-family residences along Carter Rd to the north. Applewood Senior Housing Projects I, II, and III extend east along Pennsylvania Avenue. To the west, zoning allows commercial property. The proposed development of Applewood Phase IV Senior Housing Project is a Planned Unit Development for a building with 60 residences. The property had previously been used by the Lange Family as an orchard for many years. The property around the Lange property has been developed for single family residential, commercial, and the first three phases of Applewood Senior Apartments. Information provided by the City Assessor's Office indicates that this area contains one single family residence valued at $180,230. The single-family home in the proposed district is currently vacant and in a state of disrepair. Revitalization Program Tax Exemption a) Property assessed as residential or multi-residential, or 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, is eligible to receive a one hundred percent exemption from taxation on the actual value added by the improvements. The exemption is for a period of ten years. The property tax exemption will be in accordance with the Code of Iowa, Chapter 404.3(4), providing for a ten-year, 100% exemption of the actual value added by the improvements. b) "Qualified real estate" means real property, other than land, which is located in a designated revitalization area and to which improvements have been 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 [Type here] and not assessed as residential property, increased the actual value of the buildings to which the improvements have been made by at least fifteen percent. "Qualified real estate" also means land upon which no structure existed at the start of the new construction, which is located in a designated revitalization area and upon which new construction has been added during the time the area was so designated. c) Property tax exemption shall be available only for new construction within the designated area. "Actual value added by improvements" means the actual value added as of the first year for which the exemption was received. To qualify for exemption, improvements to qualified real estate must increase the value of the property by ten percent for real property assessed as residential property or fifteen percent for land upon which is located more than one building and not assessed as residential property, increase the actual value of the buildings to which the improvements have been made by at least fifteen percent. d) Any improvements that were assessed before the area was officially designated will not be eligible for exemption. Improvements begun prior to one year prior to the area becoming designated will not be eligible for exemption. e) Improvements must result in that 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 an application is made for tax exemption, the assessed value must have increased in that year by the required percentage. g) The designation of the Lange Estate Urban Revitalization Area will remain in effect for five (5) years from designation. All existing exemptions will continue until their previously established expiration date. Upon repeal of the ordinance establishing this revitalization area, all existing exemptions would continue until their previously established expiration date. [Type here] Application Procedure This area, upon designation, will follow the procedures for application and granting of the property tax exemption within the City of Dubuque. a) The property owner must apply for an exemption by February 1 sc 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 1 st, 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 [Type here] decision may be appealed to the local board of review at the time specified in Iowa 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 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. Conclusion The proposed urban revitalization district will assist the development of affordable housing for vulnerable populations by providing needed housing units for seniors in Dubuque. After the ten-year abatement period lapses on these projects, the full assessed value of the rehabilitation property will go on the tax rolls to the benefit of the entire community. F:\USERS\CDBG\Urban Revite\Petitions for Districts\Applewood IV 2016\Lange Estates Urban Revit Plan.doc Exhibit A: Location of Urban Revitalization District �aww 1 TTEL-L}NK A .'LOT 10 BLK! Y .a. T14-2NE1A - 2849N-2E - 1 Exhai Ouren LZoning .em all VM M, a:. m,CUE2REMS ZAMRJ("i�1 'p °" „Q t ,m, 8 ss gem1765 r ,eb •-•, ,e.. sex im ,ee �m mn uss sss ,mr ` "ro 18'n6 ,mm e { �° ,me ensm� uz ,®e IVem 1z �ssr o.. 11713 ,es 1It — 14 ,wanmi Win ,s� .; s a ; � ME I Im ss N Mailj_ - - y DUPI eJui I A , m �r Rype here] ExhibitC CurrentLand U.re f s1AI DID _. CI nIP IF I IF sIF IF IF ..CURRERT LaANO LMEIJAP IF F IF IF Fly, s ., t . f .. .r IF - a.. DF ,Lc - ,DDF - Se 9- - IF DF IF IF .. IF IF DF DF .. _ S. , ... IF IF .. P 4r IF r IF IF IF IF a 5 9entl . -r - " Curt n� Lantl Ose . vs _ a ' c�...,.ai IF .r IF III IF I ane r.m r DrirrrcmF IIIA - ��� IF >> From: "Citizen Support Center" <dubuqueia@mycusthelp.net> >> Date: March 30, 2016 at 3:44:07 PM CDT >> To: "Cindy Stein ha user" <Csteinha@citvofdubuciue.orci> >> Subject: "Contact Us" inquiry from City of Dubuque website Contact Us >> Name: Scott Kwiecinski >> Phone: 608-354-0820 >> Email: s.kwiecinski@horizondbm.com >> City Department: City Council >> Message: Dear Council Members, My name is Scott Kwiecinski from Horizon Development Group,Inc., Madison,WI. Horizon also has a management company with an office location of 1660 Embassy West Drive in Dubuque. Our company is proposing Applewood IV, a 60-unit senior housing community to be located at 3275 Pennsylvania Avenue. Horizon has been involved with the development, construction,and property management of all three existing Applewood facilities. Applewood I&II opened in the mid 1990's and Applewood III was finished in 2010.Applewood III leased up very quickly,and the properties continue to perform extremely well,operating at or near 100%occupancy.Additionally,a wait list of approximately 76 households is maintained for the overall community,demonstrating a very strong demand for affordable senior housing at this location.Also, Horizon hosted a neighbor meeting in advance of our zoning approval to gather input and address citizen questions. We are happy to have such a great turnout and support for the project—neighbors are pleased with the existing housing and welcome the next phase.Applewood IV will be financed similarly to previous phases and we are happy to report that the project was recently awarded tax credits by Iowa Finance Authority. With approval of our financing application,we wanted to contact Council Members regarding the Lange Estate Urban Revitalization Area that is absolutely necessary in order for the project to move forward and will be considered for approval on April 18,2016. The Urban Revitalization Area will assist with tax abatement incentives that are 1) critical to project financing and 2) part of our scoring commitment to Iowa Finance Authority.As you are aware,the Long Range Planning Advisory Committee (LRPAC) reviewed the Lange Estate Urban Revitalization Plan and found that it is"not entirely in compliance with the City of Dubuque Comprehensive Plan."In follow up discussions with Community Development,I tried to discern what issues were discussed at the February 17,2016 LRPAC meeting that would generate this finding.It was described to me in general terms that the LRPAC was of the opinion that 1) the revitalization area was not necessary to facilitate development at this location—that something would occur there anyway and 2) there was already enough senior housing at this location. We respectfully disagree with both points. The Lange Estate has been vacated since 2009 which allows ample time for alternative development proposals to surface. Nothing has occurred at this location and the existing improvement is in a state of disrepair. Additionally we feel there is more than adequate demand for an additional 60 units of senior affordable housing at this location given occupancy and wait list information discussed above. Lastly, City of Dubuque staff supports the creation of this revitalization area,see March 7,2016 City Council meeting agenda materials. I am contacting you to see if there are any outstanding concerns at this time regarding the approval of the Lange Estate Urban Revitalization Area. If any Council Members are considering voting against this on April 18th please feel free to contact me to discuss in advance at 608-354-0820 or s.kwiecinski@horizondbm.com. Iowa Finance Authority requires that awarded tax credit projects pay a reservation fee equal to 10%of their annual credit on or before April 8,2016. For Applewood IV, Horizon will need to pay$67,000 in nonrefundable fees by this date to secure the tax credits.We are willing and able to do this but wanted to make sure there are no outstanding concerns at this time regarding the creation of the urban revitalization area that will support our project.Again, please feel free to contact me in advance of April 8th (more than 10 days before the council meeting) if you are considering voting no on this topic. We are excited to begin work on this $9.8 million project and appreciate your support. Scott Kwiecinski Horizon Development Group,Inc. Dubuque Planning Services Department THE CITY OF bw#M City Hall-50 West 13's Street A 4amcly Dubuque,IA 52001-4805 (563)589-4210 phone (563)589-4221 fax (563)690-6678 TDD Masterpiece on the Mississippi %oa • n •re planning®cityofdubuque.org February 22, 2016 The Honorable Mayor and City Council City of Dubuque 50 W.13th Street Dubuque, IA 52001 RE: University Lofts Urban Revitalization Area Plan Dear Mayor and City Council Members: Introduction The Long Range Planning Advisory Commission has reviewed the proposed University Lofts Urban Revitalization Area Plan. The plan will create an urban revitalization area at the vacant site at the corner of University and Alta Vista Streets to allow property tax exemption for affordable senior housing. Background The plan provides for construction of 56 units with off-street parking and green space. The local tax exemption is requested in part to help strengthen an application for housing tax credits with the Iowa Finance Authority. Discussion The role of the Long Range Planning Advisory Commission is to review new and amended urban revitalization plans and make a recommendation as to the plans consistency with the City of Dubuque Comprehensive Plan. Recommendation By a vote of 4 to 0, the Long Range Planning Advisory Commission recommends the University Lofts Urban Revitalization Area Plan is in compliance with the City of Dubuque Comprehensive Plan and recommends City Council accept the plan. Respectfully submitted, Chad Darter, Chairperson Long Range Planning Advisory Commission cc: Michael C. Van Milligen, City Manager Alvin Nash, Housing and Community Development Director F9USERS\njohnson\Coundl IlemsWrbsn Renewal&RevitilizaUan DislriclsWniversily Lofts Urban Revitalization lea Plan.doc Service People Integrity Responsibility Innovation Teamwork Dubuque Planning Services Deputment U-U� City Hall-50 West 13Street Dubuque,IA 52001-4805 AFMOOM (563)589-4210 phone BF i�i�i7 E I I I I I' (563)589-4221 fax (563)690-6678 TDD Masterpiece on the Mississippi moz•zau•zms planning®cityofdubuque.org February 22, 2016 The Honorable Mayor and City Council City of Dubuque 50 W.13th Street Dubuque, IA 52001 RE: Marquette Hall Urban Revitalization Area Plan Dear Mayor and City Council Members: Introduction The Long Range Planning Advisory Commission has reviewed the proposed Marquette Hall Urban Revitalization Area Plan. The plan will create an urban revitalization area at the former Sacred Heart Elementary School located at 2222 Queen Street to allow property tax exemption for affordable senior apartments. Background The plan provides for construction of 28 affordable senior apartments. The historic school will be rehabilitated and adapted to provide affordable senior housing in the North End Neighborhood of Dubuque. The local tax exemption is requested in part to help strengthen an application for housing tax credits with the Iowa Finance Authority. Discussion The role of the Long Range Planning Advisory Commission is to review new and amended urban revitalization plans and make a recommendation as to the plans consistency with the City of Dubuque Comprehensive Plan. Recommendation By a vote of 4 to 0, the Long Range Planning Advisory Commission recommends the Marquette Hall Urban Revitalization Area Plan is in compliance with the City of Dubuque Comprehensive Plan and will satisfy many of the fiscal needs of the City of Dubuque down the road. Respectfully submitted, Chad Darter, Chairperson Long Range Planning Advisory Commission cc: Michael C. Van Milligen, City Manager Alvin Nash, Housing and Community Development Director F:\USERSOjohnson\Councll Items\Urban Renewal&Revitilization UistrictsWarquette Hall Urban Revitalization Area Plan.tloc Service People Integrity Responsibility Innovation Teamwork Dubuque Planning Services Department fit City Hall-50 West 13'h Street � /MDubuque,IA 52001-4805 (563)589-4210 phone B E (563)589-4221 fax (563)690-6678 TDD Masterpiece on the Mississippi =F-Ma•xau planninSYcityofdubuque.org February 22, 2016 The Honorable Mayor and City Council City of Dubuque 50 W.13th Street Dubuque, IA 52001 RE: Paragon Square Urban Revitalization Area Plan Dear Mayor and City Council Members: Introduction The Long Range Planning Advisory Commission has reviewed the proposed Paragon Square Urban Revitalization Area Plan. The plan will create an urban revitalization area at the former Holy Ghost Assisi School and convent at 2887 and 2901 Central Avenue to allow property tax exemption for affordable senior housing. Background The plan provides for construction of 29 apartments. The historic buildings will be rehabilitated and adapted to provide affordable senior housing. The local tax exemption is requested in part to help strengthen an application for housing tax credits with the Iowa Finance Authority. Discussion The role of the Long Range Planning Advisory Commission is to review new and amended urban revitalization plans and make a recommendation as to the plans consistency with the City of Dubuque Comprehensive Plan. Recommendation By a vote of 4 to 0, the Long Range Planning Advisory Commission recommends the Paragon Square Urban Revitalization Area Plan is consistent with the City of Dubuque Comprehensive Plan and recommends City Council accept it. Respectfully submitted, Chad Darter, Chairperson Long Range Planning Advisory Commission cc: Michael C. Van Milligen, City Manager Alvin Nash, Housing and Community Development Director F:WSERMDjohnsankCouacil Items\Urban Renewal&RevililimUon Dist ictskPaagcn Square Urban Revitalization Area Plan dm Service People Integrity Responsibility Innovation Teamwork