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Home My WebLink AboutA008 - Resolution No. 97-537 adopted Octoer 14, 1997 RESOLUTION NO. 17-537 RESOLUTION TO DESIGNATE AN URBAN RENEWAL AND ECONOMIC DEVELOPMENT AREA AND APPROVING AN URBAN RENEWAL PLAN AND PROJECT FOR THAT AREA, TO BE CALLED URBAN RENEWAL AREA NUMBER FOUR WHEREAS, it has been proposed that, pursuant to Chapter 403 Code of Iowa, an urban renewal and economic development area be designated for the area hereinafter described and that an urban renewal project and plan hereinafter described be approved for that area; and, WHEREAS,said urban renewal plan has been submitted to the City's Planning and Zoning Commission for review and recommendations; and, WHEREAS, a general plan for the municipality has been prepared; and, WHEREAS, a consultation has been held between the City and affected taxing entities; and, WHEREAS,a public hearing following published notice has been held as required by Section 403.5(3) Code of Iowa; NOW,THEREFORE,BE IT RESOLVED by the City Council for the City of Ames, Iowa: Section One. It is found that: a) no families will be displaced by the proposed project. b) the non-residential uses of the proposed plan and project are necessary and appropriate to facilitate the proper growth and development of the community in accordance with sound planning standards and local community objectives. Section Two. The area described in the appendix attached hereto is hereby determined and declared to be an urban renewal and economic development area for commercial and industrial enterprises. Section Three. The urban renewal project and plan described in the attached appendix is hereby approved. Adopted this 14th day of October 1997. Sandra L. Ryan, Ci Clerk Larry R. urtis, Mayor law/tif.807 URBAN RENEWAL PLAN FOR URBAN RENEWAL AREA NUMBER FOUR URBAN RENEWAL PLAN for URBAN RENEWAL AREA NO. 4 1. Urban Renewal Plan Objectives. The Urban Renewal Area (URA) consists of an undeveloped G-1 (General Industrial) zoned area at the easterly edge of the City. The zoning conforms with the General Plan of the City which indicates that this area should be developed as industrial land use. URA objectives include the following: Enhance the availability of sites to accommodate the construction of new industrial and commercial buildings; Encourage and support development that will expand the tax base; Provide infrastructure to enable land and lease rates to be available at a reduced cost to prospective industries; Make public improvements as deemed necessary by the City to support new industrial development; Provide expanded industrial building square footage for prospective industrial businesses of the City; Provide infrastructure to property that contains lots of various sizes to meet the demands of industrial prospects. Provide Tax Increment Financing where a duration limit of 12 years will be imposed for the repayment of the indebtedness incurred by the City for the public improvements. Encourage the use of land that meets the growth goals of the City of Ames and is consistent with an overall master plan. Assist industrial areas that represent a logical continuation of the Community Industrial Park that has been established by the City. 2. Conformance With Land Use Policy Plan (LUPP)/Zoning Ordinance. LUPP - The City of Ames Land Use Policy Plan (LUPP) designates the area encompassed by the Urban Renewal Plan Plan as appropriate for"Industrial" land uses. This Urban Renewal Plan conforms with the goals, policies, and the objectives of the City of Ames Land Use Policy Plan. Zoning - The City of Ames Zoning Map designates the area encompassed by the Urban Renewal Plan as appropriate for G-1 (General Industrial) and thus would permit land uses that are in compliance with the City of Ames General Industrial standards. 3. Property Description. General Location - The property is located approximately 900 feet east of Dayton Avenue, approximately 1 ,260 feet south of Lincoln Way on Bell Avenue and extending a distance of approximately 2,600 feet south of Lincoln Way, and is west of Interstate 35. This area includes approximately 50 acres. Legal Descriptions - The legal descriptions of the Urban Renewal Area are included in Attachment A. 4. Project Description. Constructing Bell Avenue approximately 750 feet south to Southeast 5th Street, then west approximately 375 feet. Also, water sewer mains, storm sewers, street lighting, electric lines. Specific public improvements - Sanitary Sewer = 1 ,125 Linear Feet Water Main = 1,1251-inear Feet Storm Sewer = 1 ,125 Linear Feet Paving = 31' Wide Street Electrical Distribution = 1 .125 Linear Feet Street Lighting = 8 Units Engineering Entrance Enhancements Specific Private Improvements - Construction of one speculative building of $400,000 value. 5. Procedure for Changes in the Approved Urban Renewal Plan. If the City of Ames desires to modify this Plan, it may do so in compliance with the following process. A. The plan modification prepared by City staff*; B. Notification of Consultation sent to other taxing entities; C. Notification is sent to all property owners within the "Project Area"; D. The Planning and Zoning Commission reviews the plan modification and makes a recommendation to the City Council; E. The date for public hearing by City Council is established and Public Notice published; F. The City Council holds a public hearing and takes action on the plan modification; G. If approved, the plan modification is adopted by resolution of the City Council. *A plan modification can be prepared by someone other than the City staff. Said plan modification must be prepared pursuant to the guidelines provided by the City and must adhere to the format established by those guidelines. a z z C z m � z O m •� o So;Dakota Ave. 'A cr 3 v nI a ME m v state Ave %Iwo A and Ave ton e Ash e. S v Q Mw Dr. fA �f r y y v y US Highway #59 rat r. y r+ y yton Ave. =3 ID Interstate #35 903 mw DCD CCD � NC0 . o � co� co ATTACHMENT A DESCRIPTION: LAND SOUTH OF EXISTING TIF AREA Survey Description: The southeast Quarter of the Northwest Fractional Quarter, except the Interstate Highway Right-of-way; and the East twenty-two acres of the Southwest Fractional Quarter of said Northwest Fractional Quarter; and the East forty feet of the Northwest Fractional Quarter of said Northwest Fractional Quarter, all in Section 7, Township 83 North, Range 23 West of the 5th P.M., Story County, Iowa, containing 54.36 acres, more or less, subject to legally established highways and easements of record. COMMUNITY INDUSTRIAL PARK EXPANSION II Iwl 35 ROW RESERVATION ICI -- - I�I ---•-•-•-------------------- � I V) 4.47 AC ICI 6.05 AC I�I II U G� FUTURE LOT 70' ROW oo D 1 .87 AC m 1 .81 AC 1 .85 AC 1 .86 AC (f� 2. 11 AC M I o 80' FUTURE STREET — 820' - 31 ' B-B - 8" PCC BELL AVE 3 O O N 2.47 AC � 2.47 AC � 2.49 AC 16.75 AC CMAY BE FURTHER SUBDIVIDED) — — IN THE FUTURE /J I V I 0 200 IL�� SCALE LIMITS INTERSTATE 35