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Resolution of Necessity for 210 Jones Street Urban Revitalization Copyright 2014 City of Dubuque Action Items # 12. ITEM TITLE: Resolution of Necessity for 210 Jones Street Urban Revitalization SUMMARY: City Manager recommending approval of a Resolution of Necessity for an Urban Revitalization Area at 210 Jones Street. RESOLUTION of Necessity finding that the rehabilitation, conservation, redevelopment, economic development, or a combination thereof of 210 Jones Street in the City of Dubuque, Iowa, is necessary in the Interest of public health, safety, or welfare of the residents of the City SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s) ATTACHMENTS: Description Type 210 Jones Urban Revitalization Resolution of Necessity- City Manager Memo MVM Memo Staff Memo Staff Memo Resolution of Necessity Resolutions 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: 210 Jones Street Urban Revitalization Area — Resolution of Necessity DATE: May 31, 2016 Chris Miller has been in conversations with City staff regarding the redevelopment of the property at 210 Jones Street. Mr. Miller has identified two commercial tenants to occupy the renovated building, and he has asked the City to participate in this project in order to make the project financially feasible. The City, in return, will require certain exterior improvements that will beautify this building which is highly visible from the major intersection of Highways 20, 61, and 151. 1 recently remodeled the entire first floor and the second floor bathroom of my home. My wife hired a designer who helped design the project and then solicited bids. Chris Miller Development received the contract award and is now completing punch list times. I spoke with City Attorney Barry Lindahl and this is not considered a conflict of interest, therefore, I feel comfortable making a recommendation on this topic. Given the downtown economic and aesthetic improvements possible with this project, Economic Development Director Maurice Jones recommends City Council approval of a Resolution of Necessity for an Urban Revitalization Area at 210 Jones Street. I 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 Maurice Jones, Economic Development Director Dubuque Economic Development Department THE CITY OF 50 West 13th Street AII-AwftlitY Dubuque,Iowa 52001-4864 DUB3 &kE1 I 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: 210 Jones Street Urban Revitalization Area — Resolution of Necessity DATE: May 25, 2016 INTRODUCTION This memorandum presents for City Council action a Resolution of Necessity for an Urban Revitalization Area at 210 Jones Street. BACKGROUND The warehouse at 210 Jones Street is located at the gateway to the City of Dubuque when arriving from the south or east. Since the late 1800s, the building has served multiple commercial purposes, including a soap manufacturer (from 1909-1950) and more recently (1980-2010) as the location of Dubuque Insulation & Siding Company (DISCO). In recent years, the building has been vacant, with most windows and some doors boarded up. DISCUSSION Chris Miller has been in conversations with City staff regarding the redevelopment of the property at 210 Jones Street. Mr. Miller has identified two commercial tenants to occupy the renovated building, and he has asked the City to participate in this project in order to make the project financially feasible. The City, in return, will require certain exterior improvements that will beautify this building which is highly visible from the major intersection of Highways 20, 61, and 151. The Economic Development Department has already worked with our consultants and the EPA to provide Phase I and Phase II Environmental Assessments under our current Brownfields Assessment Grant. These assessments will identify whether any contaminants are located at the property and if so, will suggest remediation/mitigation strategies. Although 210 Jones Street is located in the Greater Downtown Urban Renewal District, we believe that offering full Tax Increment Financing (TIF) rebates for this project would not be advised due to the nature and scope of the proposed project. Instead, the City could offer a partial ten year tax exemption under a different section of the Iowa Code (Chapter 404) commonly called "Urban Revitalization". In order to provide this partial tax abatement program to the company, the first step in the process is the approval of a "Resolution of Necessity" that the property meets the requirements for designation as required by Chapter 404. If this resolution is approved, an Urban Revitalization Plan will be prepared for City Council review/approval after a public hearing has been held on the Plan. RECOMMENDATION/ ACTION STEP Given the downtown economic and aesthetic improvements possible with this project, I recommend the City Council adopt the attached Resolution of Necessity for the 210 Jones Street property, the first step in the process required under Chapter 404. Prepared by: Jill Connors, Economic Development, 50 W. 13th Street, Dubuque IA 52001, 563 589-4393 Return to: Jill Connors, Economic Development, 50 W. 13th Street, Dubuque IA 52001, 563 589-4393 RESOLUTION NO. 231-16 A RESOLUTION OF NECESSITY FINDING THAT THE REHABILITATION, CONSERVATION, REDEVELOPMENT, ECONOMIC DEVELOPMENT, OR A COMBINATION THEREOF OF 210 JONES STREET IN THE CITY OF DUBUQUE, IOWA, IS NECESSARY IN THE INTEREST OF PUBLIC HEALTH, SAFETY, OR WELFARE OF THE RESIDENTS OF THE CITY WHEREAS, as a preliminary step to exercising the authority to approve an area for urban revitalization conferred upon Iowa municipalities by Iowa Code Chapter 404, a municipality must adopt a resolution finding that the rehabilitation, conservation, redevelopment, economic development, or a combination thereof of the area is necessary in the interest of public health, safety, or welfare of the residents of the city, and WHEREAS, 210 Jones Street in the City of Dubuque, Iowa, according to the recorded plat thereof (the Area) is the location of 210 Jones, LLC. (the Company); and WHEREAS, the Area is located in an Urban Renewal Area and the Company is proposing an economic redevelopment of the Area; and Whereas, the City Council finds that the economic redevelopment of the Area is necessary in the interest of the welfare of the residents of the City, and that the Area substantially meets the criteria for urban revitalization according to Iowa Code §404.1. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. 210 Jones Street in the City of Dubuque, Iowa is appropriate as an economic development area as defined in Iowa Code § 403.17, and is hereby designated the 210 Jones Street Urban Revitalization Area. Section 2. The City Manager is hereby directed to prepare a proposed Urban Revitalization Plan for the 210 Jones Street Urban Revitalization Area in conformance Iowa Code Chapter 404for review and approval by the City Council. Passed and approved this 6th day of June, 20 7/1 Attest: Kevin Firnstahl, City Clerk Ric ►` . Jones, M' or''ro-Tem