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HomeMy WebLinkAboutA010 - Memo from City Manager to Council, transition urban revitalization districts f ao Memo City Manager's Office Caring People Quality Programs F-tinnnl.S,_i" TO: Mayor and City Council FROM: Steven L.Schainker,City Manager DATE: August 20, 1999 SUBJECT: Transitional Urban Revitalization Districts A-N On July 13, 1999 the City Council set a date of public hearing of August 24, 1999 for the approval of 14 transition urban revitalization districts to accommodate current or proposed(prior to June 30, 1999)projects in the current Urban Revitalization Districts 1,2,4,and 5. The 14 districts are made up of an area with at least two buildings in the district as required by state law. Neighboring property,in many instances,has been added to the district in which a property has an approved project or proposed project with only one building on the property. The neighboring property has been excluded from obtaining any benefit under the Transitional Urban Revitalization Program. This action does not encumber the neighboring property. The Transitional Districts A-N will be in effect until August 31 2000 at that time the districts will end. The tax exemption schedules for projects in the Transitional Districts A-N will continue after August 31,2000 until the selected schedule is completed. The 14 districts are located in the following general areas: • Lincoln Way,South Duff Avenue Corridor-5 districts • North of 6`s Street-2 districts • South of Lincoln Way-2 districts • Campus Area-5 districts The 14 districts are composed of the following projects: • Apartment projects-9 districts • Retail projects-4 districts • Bank/Office-2 districts(One district contains both a retail and an office project) The actions to be taken at the Tuesday,August 24, 1999 City Council meeting are the following: • The repealing of Urban Revitalization Districts 1,2,4,and 5. • The establishment by ordinance of 14 Transitional Urban Revitalization Districts A-N. With this action there will be 16 Urban Revitalization Districts in Ames. These are the existing districts along Jewel Drive, District#6,and Somerset Village,District#7,plus the new Transitional Districts A-N. TRANSITION URBAN REVITALIZATION PLAN AREA A 1. Property Addresses: (A)*618 9TH STREET,(B)828 GRAND AVE 2. Legal Description: THE WEST 46' & THE EAST 7' OF THE SOUTH 60' OF LOT 5, SHEARER'S SUBDIVISION OF LOT 2,BLOCK 41 THIRD ADDITION TO AMES,STORY COUNTY,IOWA,AND LOT 3 OF SHEARER'S SD TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$34,800.00 Buildings: (A)$74,900.00 (B)$34,000.00 (B)$94,300.00 4. Owners: Name: (A)SMITH,CHARLES R Address: 618 9TH ST Name: (B)CARTER,MICHAEL J&VICTORIA A Address: 1301 TOP O HOLLOW RD 5. Zoning District and Classification: R-3 (Medium-Density Residential district) 6. City Services:No enhancements are planned. 7. .Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the residential assessment classification that takes the form of improvements to a deteriorated residential structure at 618 9th Street. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private GranULoan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** R-70,2-Story 1945&Older; (B) C-103,3 Apartments 13. Geocode: (A)0902300020,(B)0902300250 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. law\planpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA B 1. Property Addresses: (A)*608 DOUGLAS AVENUE,(B) 125 6TH ST,(C) 123 6TH ST,(D) 612 DOUGLAS AVE,(E)618 DOUGLAS AVENUE 2. Legal Description: LOT 8 AND THE NORTH 50' OF LOT 7,BLOCK 6, ORIGINAL TOWN TO AMES, STORY COUNTY,IOWA;THE WEST 125' OF LOT 6&THE SOUTH 10' OF THE WEST 125' OF LOT 7,BLOCK 6,ORIGINAL TOWN TO AMES,STORY COUNTY,IOWA;THE EAST 55' OF LOT 6&THE SOUTH 10' OF THE EAST 55' OF LOT 7, BLOCK 6, OF THE ORIGINAL TOWN TO AMES, STORY COUNTY, IOWA,AND LOT 9,BLOCK 6,ORIGINAL TOWN TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$59,500.00 Buildings: (A)NONE (B)$85,000.00 (B)$118,400.00 (C)$34,100.00 (C)$90,600.00 (D)$71,400.00 (D)NONE (E)$71,400.00 (E)$126,300.00 4. Owners: Name: (A)JENSEN,DICKSON D&LUANN C Address: 235 ALEXANDER AVE Name: (B)THOMPSON,GARY L&JANET L Address: PO BOX 167 Name: (C) THOMPSON,GARY L&JANET L Address: PO BOX 167 Name: (D)JENSEN,DICKSON D&LUANN C Address: 235 ALEXANDER AVE Name: (E)DOUGLAS ENTERPRISES LC Address: 618 DOUGLAS AVENUE 5. Zoning District and Classification: P-C (Planned Commerical) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a 12-unit apartment building that replaces a deteriorated structure at 608 Douglas Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-10,Vacant Land; (B) C-330,Convenience Station; (C) C-410,Offices; (D) C-10,Vacant Land; (E) C-410,Offices 13. Geocode: (A)0902333100,(B)0902333090,(C)0902333080,(D)0902333110,(E)902333120 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA C 1. Property Addresses: (A)*419 LINCOLN WAY,(B) 116 CLARK AVENUE 2. Legal Description: SOUTH 125' OF LOT 5,BLOCK 49, BLAIRS 4TH ADDITION TO AMES,STORY COUNTY, IOWA, AND THE NORTH 80' OF THE WEST 70' OF LOT 4, BLOCKK 49, BLAIRS 4TH ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$157,800.00 Buildings: (A)$257,400.00 (B) 110,500.00 (B)31,200.00 4. Owners: Name: (A)CAMPBELL,LESTER J &NORMA L Address: 2028 EDISON Name: (B)HEARTLAND INVESTMENTS Address: 239 S BELL AVE 5. Zoning District and Classification: G-C (General Commercial District), C-C (Concentrated Commercial) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a convenience store and a 3-story office building that replace deteriorated structures at 116 Clark Avenue and 419 Lincoln Way. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-330,Convenience Station; (B)C-990,Misc.or Multiple Use 13. Geocode: (A)0902358170,(B)0902358180 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA D 1. Property Addresses: (A)* 101 HYLAND AVENUE,(B)2821 LINCOLN WAY,(C) 119 HYLAND AVE 2. Legal Description: LOT 30 & THE SOUTH T OF LOT 29,ATHLETIC PARK ADDITION TO AMES, STORY COUNTY,IOWA; THE EAST 55' OF LOTS 31 & 32 ATHLETIC PARK ADDITION TO AMES, STORY COUNTY,IOWA,AND LOT 28&THE NORTH 60'OF LOT 29,ATLETIC PARK ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$72,200.00 Buildings: (A)NONE (B)$16,100.00 (B)$56,500.00 (C)$145,800.00 (C)$442,800.00 4. Owners: Name: (A)HYLAND HEIGHTS APARTMENTS LLC Address: 105 S 16TH ST Name: (B)RANDALL,SCOTT E Address: 303 WELCH AVE Name: (C) HYLAND HEIGHTS APARTMENTS LTD Address: 105 S 16TH ST 5. Zoning District and Classification: R-4(High-Density Residential District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of an 8-unit apartment buliding that replaces a deteriorated structure at 101 Hyland Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-10,Vacant Land; (B)R-30, 1-Story 1945 &Older; (C)C-115, 15 Apartments 13. Geocode: (A)0904352160,(B)0904352170,(C)0904352145 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA E 1. Property Addresses: (A)*229 WASHINGTON AVENUE,(B)218/232 S WALNUT AVENUE 2. Legal Description: LOT 13,BLOCK 8 OF BLACKS 2ND ADDITION TO AMES,STORY COUNTY,IOWA, AND LOTS 7, 10, 11,14,& 15 BLOCK 8,BLACKS 2ND ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$25,400.00 Buildings: (A)$33,800.00 (B)$136,700.00 (B)$225,000.00 4. Owners: Name: (A)JENSEN,DICKSON D&LUANN Address: 235 ALEXANDER AVE Name: (B)JENSEN DEVELOPMENT CORPORATION LTD Address: 235 ALEXANDER AVE 5. Zoning District and Classification: R-4(High-Density Residential District) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of two 18-unit apartment buildings and a 4-unit apartment building that will replace deteriorated structures at 229 Washington Avenue,218 Walnut Avenue,and 232 Walnut Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** R-70,2-Story 1945&Older; (B)C-118, 18 Apartments 13. Geocode: (A)0911102080,(B)0911102150,0911102140,0911102130,0911102120,0911102110 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 1 TRANSITION URBAN REVITALIZATION PLAN AREA F 1. Property Addresses: (A)*814/816 S DUFF AVENUE,(B)806 S DUFF AVE 2. Legal Description: PARCEL"C",CFN 13-26 TO AMES,STORY COUNTY,IOWA,AND THE SOUTH 150',OF THE NORTH 419.4'OF THE WEST 398'NW 1/4 OF THE SE 1/4 OF SECTION 11,TOWNSHIP 83 NORTH,RANGE 24 WEST TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$221,900.00 Buildings: (A)$448,200.00 (B)$221,900.00 (B)NONE 4. Owners: Name: (A)ELM REAL ESTATE Address: P o sox 122 Name: (B)BROS 3 LC Address: 1010 S DUFF AVE 5. Zoning District and Classification: G-C(General Commercial District) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a retail retail building that replaces deteriorated structures at 814 South Duff Avenue and 816 South Duff Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-990,Misc.or Multiple Use; (B)C-710,Warehouse-Conventional Usage 13. Geocode: (A)0911400035,(B)0911400050 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. law\planpatt.525 r TRANSITION URBAN REVITALIZATION PLAN AREA G 1. Property Addresses: (A)*229 S DUFF AVENUE,(B)235 S DUFF AVE 2. Legal Description: LOTS 5&6 BLOCK 5,BLACKS ADDITION TO AMES,STORY COUNTY,IOWA, AND LOT 7,BLOCK 5,BLACKS ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$238,500.00 Buildings: (A)$681,700.00 (B)$114,600.00 (B)$99,100.00 4. Owners: Name: (A)ABREGO AMES INC Address: 229 S DUFF AVE Name: (B)HOUGE,CURTIS J&CAROL S Address: 1628 S DUFF AVE 5. Zoning District and Classification: G-C (General Commercial District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of renovation of a deteriorated motel at 229 South Duff Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-630,Motel with Restaurant; (B)C-200,Retail Store 13. Geocode: (A)0911130055,(B)0911130060 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA H 1. Property Addresses: (A)*316 S DUFF AVENUE,(B)320 S DUFF AVENUE,(C)205 SE 5TH STREET 2. Legal Description: LOT 1,TARGET ADDITION TO AMES,STORY COUNTY,IOWA,AND LOTS 2& LOT 3 OF TARGET ADDITION TO AMES, STORY COUNTY, IOWA EXCEPT THE FOLLOWING DESCRIBED PART THEROF;BEGINNING AT THE SE CORNER OF SAID LOT 3;THENCE N 00*19'30", 171.22 FEET; THENCE N89*26'43"W 624.61 FEET; THENCE S 59*311E, 620.82 FEET; THENCE S 89°58'35",73.93 FEET,THENCE N00°00'E 443.48 FEET;THENCE S 90°001E,540.87 FEET TO THE POINT OF BEGINNING AND PARCEL "K",IN THE SW 1/4 OF THE NE 1/4 OF SECTION 11,TOWNSHIP 83 NORTH,RANGE 24 WEST OF THE 5TH P.M.TO AMES,STORY COUNTY,IOWA. 3. Assessed Valuation: Land: (A)$71,600.00 Buildings: (A)NONE (B)$2,387,000.00 (B)$3,747,900.00 (C)$116,900.00 (C)$116,900.00 4. Owners: Name: (A)DAYTON HUDSON CORPORATION,DBA Address: C/O PROPERTY TAX DEPT, TARGET STORES T-1170 777 NICOLLET MALL, MINNEAPOLIS,MN Name: (B)DAYTON HUDSON CORPORATION DBA Address: C/O PROPERTY TAX DEPT TARGET STORES T-1170 777 NICOLLET MALL, MINNEAPOLIS,MN Name: (C)ISU ACHIEVEMENT FOUNDATION Address:B3 CURTIS HALL,IOWA STATE UNIVERSITY 5. Zoning District and Classification: G-C (General Commercial District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitalization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a retail store and a bank/office facility that replaces deteriorated structures at 316 South Duff Avenue and 320 South Duff Avenue. 8. Duration: The end date for construction of improvements to receive urban revitalization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-10,Vacant Land; (B)C-200,Retail Store; (C)E-950,State Owned-University 13. Geocode: (A)0911210010,(B)0911210020,(C)0911250055 0 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. TRANSITION URBAN REVITALIZATION PLAN AREA I 1. Property Addresses: (A)* 128/134 CAMPUS AVENUE,(B) 136 CAMPUS AVE 2. Legal Description: LOT 20 EXCEPT THE NORTH 47.8' OF THE EAST 15' & ALL LOTS 21 & 22 ATHLETIC PARK TO AMES, STORY COUNTY, IOWA, AND THE SOUTH 2.5' OF LOT 7 & LOT 19 EXCEPT THE EAST 15'ATHLETIC PARK ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$168,500.00 Buildings: (A)$862,900.00 (B)$52,800.00 (B)$82,000.00 4. Owners: Name: (A)GELINA,ROBERT J&BONITA M Address: 2935 RIDGETOP RD Name: (B)COY,JACK Address: 2735 DUFF AVE 5. Zoning District and Classification: R-3(Medium-Density Residential district) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a 6-unit apartment addition to an existing building that replaced deteriorated structures at 128 Campus Avenue and 134 Campus Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)**C-118,18 Apartments; (B)C-105,5 Apartments 13. Geocode: (A)0904352256,(B)0904352270 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA J 1. Property Addresses: (A)* 119/123/129 SHELDON AVENUE,(B) 134 HYLAND AVE 2. Legal Description: THE EAST 1/2 OF LOT 6&THE SOUTH 30' OF THE WEST 1/2 OF LOT 6&THE EAST 1/2 OF LOT 7&THE NORTH 30'OF THE WEST 1/2 OF LOT 7&THE NORTH 59,OF THE EAST 1/2 OF LOT 8,ALL IN THE SOUTH PART OF BLOCK 13 IN THE WEST 1/2 AND SOUTHWEST 1/4 OF SECTION 4,TOWNSHIP 83 NORTH,RANGE 24 WEST TO AMES,STORY COUNTY,IOWA,AND THE NORTH 60'OF THE WEST 1/2 OF LOT 6 BLOCK 13 IN THE WEST 1/2 OF THE SW 1/4 OF SECTION 4, TOWNSHIP 83 NORTH,RANGE 24 WEST,AMES,STORY COUNTY,IOWA. 3. Assessed Valuation: Land: (A)$271,300.00 Buildings: (A)$63,200.00 (B)$46,400.00 (B)$167,300.00 4. Owners: Name: (A)LOUPES,DONALD E&MARILYN H Address: 2212 IRONWOOD CT Name: (B)P&E ENTERPRISES,C/O MAX PORTER Address: 1707 AMHERST DR 5. Zoning District and Classification: R-4(High-Density Residential District) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a 28-unit apartment building that replaces deteriorated structures at 119 Sheldon Avenue,123 Sheldon Avenue, and 129 Sheldon Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-128,28 Apartments; (B)C-104,4 Apartments 13. Geocode: (A)0904353075,(B)0904353170 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. law\planpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA K 1. Property Addresses: (A)*233 SHELDON AVE,(B)225 SHELDON AVE 2. Legal Description: LOT 6,OTIS,ILLSLEY&PARSON'S SUBDIVISION TO AMES,STORY COUNTY, IOWA,AND LOT 5,OTIS,ILLSLEY&PARSON'S SUBDIVISION SL TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$67,400.00 Buildings: (A)$95,200.00 (B)$23,500.00 (B)$107,000.00 4. Owners: Name: (A)MCKEE,JANET E Address: 1939 STEVENSON DR Name: (B)HOWE,KENNETH&MARJORY Address: 224 S WASHINGTON 5. Zoning_District and Classification: R-4(High-Density Residential District) 6. City Services:No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of improvements to a deteriorated structure at 233 Sheldon Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-610,Boarding/Sleeping Room; (B)R-90,Duplex-All Styles and Ages 13. Geocode: (A)0904303050,(B)0904303060 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA L 1. Property Addresses: (A)*258 HYLAND AVE,(B)247 SHELDON AVE 2. Legal Description: LOT 10,OTIS,ILLSLEY&PARSON'S SUBDIVISION TO AMES,STORY COUNTY, IOWA,AND LOT 9,OTIS,ILLSLEY &PARSON'S SUBDIVISION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$165,600.00 Buildings: (A)$404,500.00 (B)$146,200.00 (B)$524,700.00 4. Owners: Name: (A)HESTED-CORNWELL LC Address: 315 CLARK AVE Name: (B)PREETI-SEEMA APARTMENTS LP- Address: 709 WHITE POST DR, LAND,SAHAI,PREETI ETAL&PREM WEBSTER CITY,IOWA SAHAI-BLDG 5. Zoning District and Classification: R-4(High-Density Residential District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitalization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a 17-unit apartment building that replaces deteriorated structures at 258 Hyland Avenue. 8. Duration: The end date for construction of improvements to receive urban revitalization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** C-117, 17 Apartments; (B)C-115, 15 Apartments 13. Geocode: (A)0904303235,(B)0904303020 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA M 1. Property Addresses: (A)* 1530 S DUFF AVENUE,(B) 1416 S DUFF AVE 2. Legal Description: PARCEL "D" IN THE SW 1/4 OF THE SW 1/4 OF THE SE 1/4 OF SECTION 11, TOWNSHIP 83 NORTH,RANGE 24 WEST OF THE 5TH P.M.AMES,STORY COUNTY,IOWA,AND THE NORTH 82.5 FEET OF THE SOUTH 330 FEET OF THE WEST 263 FEET AND THE SOUTH 30 FEET OF THE EAST 158 FEET OF THE WEST 263 FEET OF THE SOUTH 220 FEET OF THE NORTH 330 FEET OF THE SOUTH 1/2 OF SW SE EXCEPT HIGHWAY 69. 3. Assessed Valuation: Land: (A)$494,000.00 Buildings: (A)$690,000.00 (B)$93,000.00 (B)$260,300.00 4. Owners: Name: (A)FIRST AMERICAN BANK Address: 6TH AND GRAND Name: (B)RIZZO,DONNA M-CTR,JENSEN,ELROY C&E JANE Address: 1416 S DUFF AVE 5. Zoning District and Classification: G-C (General Commercial District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the commercial assessment classification that takes the form of a bank building that replaces deteriorated structures at 1530 South Duff Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal, State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)**C-470,Finance Office-Main Bank Type;(B)C-430,Offices and Other Uses Other that Retail 13. Geocode: (A)0911450085,(B)0911450095 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. laMplanpatt.525 TRANSITION URBAN REVITALIZATION PLAN AREA N 1. Property Addresses: (A)*202 S WALNUT AVENUE,(B)208 S WALNUT AVENUE 2. Legal Description: THE WEST 100'OF LOT 2 AND THE WEST 100'OF THE NORTH 10'OF LOT 3 ALL WITHIN BLOCK 8, BLACK'S SECOND ADDITION TO AMES, STORY COUNTY, IOWA, AND THE SOUTH 50' OF LOT 3,BLOCK 8,BLACKS 2ND ADDITION TO AMES,STORY COUNTY,IOWA 3. Assessed Valuation: Land: (A)$26,700.00 Buildings: (A)$15,300.00 (B)$23,100.00 (B)$47,700.00 4. Owners: Name: (A)JENSEN,DICKSON D&LUANN C Address: 235 ALEXANDER AVE Name: (B)ASHMORE,ARLENE Address: 280 S WALNUT AVENUE 5. Zoning District and Classification: R-4(High-Density Residential District) 6. City Services: No enhancements are planned. 7. Applicability of Revitalization Benefits: Revitilization shall be applicable only to that subset of eligible property within the residential assessment classification that takes the form of demolition of a deteriorated residential structure and the construction of a single-family home and detached garage at 202 South Walnut Avenue. 8. Duration: The end date for construction of improvements to receive urban revitilization tax exemption benefits is August 31,2000. 9. Relocation: The plan does not require the displacement of any persons,and there will be no relocation benefits provided. 10. Percent Increase in Value Required: The value-added requirement is a five (5) percent increase in actual value. 11. Federal. State or Private Grant/Loan Programs for Residential Improvements: There are no grants and loans. 12. LandUse: (A)** R-50,1-1/2 Story Finishes All Ages; (B)R-70,2-Story 1945 &Older 13. Geocode: (A)0911102180,(B)911102170 *Letters(A),(B),etc.refer to that specific property throughout the document. **(C-10,R-70,etc.)refer to the City Assessor's land use codes. law%planpatt.525 RESOLUTION NO. RESOLUTION APPROVING PLANS FOR TRANSITION URBAN REVITALIZATION AREAS "A"THROUGH "N" WHEREAS, the City staff has prepared proposed plans for each of fourteen designated revitalization areas named Transition Urban Revitalization Areas A through N, respectively, as described in said proposed plans, each of those plans being attached hereto; and, WHEREAS, a public hearing was scheduled and notice given to owners of record of real property located within the proposed area and the tenants living within the proposed area and to the occupants of addresses located within the proposed area pursuant to and in accordance with Section 404.2(3), Code of Iowa; and, WHEREAS, said hearing was held at the time and place scheduled and all persons appearing there and desiring to be heard on said plans were given the opportunity to be heard; NOW,THEREFORE, BE IT RESOLVED: 1. That it is found that the rehabilitation, conservation, redevelopment, economic development, or a combination thereof of each of the said areas is necessary in the interest of the public health, safety, or welfare of the residents of the City and each of the said areas meets the criteria of Section 404.1, Code of Iowa. 2. The revitalization plan for each of the said areas, called Transition Urban Revitalization Areas A through N, respectively, as now on file, shall be and the same are hereby approved and adopted. Done this day of , 1999. By: Attested by: Ted Tedesco, Mayor Diane R. Voss, City Clerk R140 ORDINANCE NO. AN ORDINANCE TO DISCONTINUE CERTAIN URBAN REVITALIZATION AREAS AND TO ESTABLISH TRANSITION URBAN REVITALIZATION AREAS TO ACCOMMODATE PROJECTS IN PROGRESS;REPEALING ANY AND ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT TO THE EXTENT OF SUCH CONFLICT;AND ESTABLISHING AN EFFECTIVE DATE. BE IT ENACTED,by the City Council for the City of Ames,Iowa,that: Section One. Those Urban Revitalization Areas known as One,Two, Four, and Five, as designated by Ordinances numbered 2798,2799,2896,2801,and 2802,respectively,are hereby repealed and discontinued. Section Two. To accommodate projects now in progress in the said Urban Revitalization Areas, transition urban revitalization areas are established as follows: 1. Transition Urban Revitalization Area"A"is that real estate described as:The West 46'&the East 7' of the south 60'of Lot 5,Shearer's Subdivision of Lot 2,Block 41,Third Addition to Ames,Story County,Iowa;and Lot 3 of Shearer's Subdivision to Ames,Story County,Iowa. 2. Transition Urban Revitalization Area`B"is that real estate described as: Lot 8 and the North 50'of Lot 7,Block 6,Original Town to Ames,Story County,Iowa;the West 125'of Lot 6&the South 10' of the West 125 of Lot 7,Block 6,Original Town to Ames,Story County,Iowa;the East 55'of Lot 6 &the South 10' of the East 55' of Lot 7,Block 6, of the Original Town to Ames, Story County, Iowa;and Lot 9,Block 6,Original Town to Ames, Story County,Iowa. 3. Transition Urban Revitalization Area"C"is that real estate described as: South 125'of Lot 5,Block 49, Blair's 4th Addition to Ames, Story County,Iowa; and the North 80'of the West 70'of Lot 4, Block 49,Blair's 4th Addition to Ames,Story County,Iowa. 4. Transition Urban Revitalization Area"D"is that real estate described as: Lot 30&the South 7'of Lot 29,Athletic Park Addition to Ames,Story County,Iowa;the East 55'of Lots 31 &32,Athletic Park Addition to Ames,Story County,Iowa;Lot 28&the North 60'of Lot 29,Athletic Park Addition to Ames, Story County,Iowa. 5. Transition Urban Revitalization Area"E"is that real estate described as: Lot 13,Block 8,of Black's 2nd Addition to Ames, Story County, Iowa; and Lots 7, 10, 11, 14 & 15, Block 8, Black's 2nd Addition to Ames,Story County,Iowa. 6. Transition Urban Revitalization Area"F"is that real estate described as:Parcel"C",CFN 13-26 to Ames,Story County,Iowa;and the South 150'of the North 419.4'of the West 398',NW'/<of the SE'/. of Section 11,Township 83 North,Range 24 West to Ames,Story County,Iowa. 7. Transition Urban Revitalization Area"G"is that real estate described as:Lots 5&6,Block 5,Black's Addition to Ames,Story County,Iowa;and Lot 7,Block 5,Black's Addition to Ames,Story County, Iowa. 1 8. Transition Urban Revitalization Area"H"is that real estate described as: Lot 1,Target Addition to Ames, Story County, Iowa; and Lots 2 &Lot 3 of Target Addition to Ames, Story County, Iowa, except the following described part thereof: Beginning at the SE corner of said Lot 3, thence N00°1930", 171.22%thence N89°26'43"W 624.61%thence S59°3 FE,620.82%thence S89°58'35", 73.93;thence N00°00'E 443.48%thence S90000'E,540.87'to the point of beginning;and Parcel"K" in the SW'/,of the NE'/,of Section 11,Township 83 North,Range 24 West of the 5th P.M. to Ames, Story County,Iowa. 9. Transition Urban Revitalization Area"I"is that real estate described as:Lot 20,except the North 47.8' of the East 15'&all Lots 21 &22,Athletic Park to Ames,Story County,Iowa;and the South 2.5'of Lot 7&Lot 19,except the East 15',Athletic Park Addition to Ames, Story County,Iowa. 10. Transition Urban Revitalization Area"J"is that real estate described as: the East '/z of Lot 6&the South 30'of the West'h of Lot 6&the East'h of Lot 7&the North 30'of the West''/z of Lot 7&the North 59'of the East'/Z of Lot 8,all in the South part of Block 13 in the West'/z and Southwest Y.of Section 4,Township 83 North,Range 24 West to Ames,Story County,Iowa;and the North 60'of the West'/:of Lot 6,Block 13,in the West'/Z of the SW'/,of Section 4,Township 83 North,Range 24 West,Ames,Story County,Iowa. 11. Transition Urban Revitalization Area "K" is that real estate described as: Lot 6, Otis, Illsley & Parsons's Subdivision to Ames,Story County,Iowa;and Lot 5,Otis,Illsley&Parsons's Subdivision SL to Ames,Story County,Iowa. 12. Transition Urban Revitalization Area "L" is that real estate described as: Lot 10, Otis, Illsley & Parsons's Subdivision to Ames,Story County,Iowa;and Lot 9,Otis,Illsley&Parsons's Subdivision to Ames, Story County,Iowa. 13. Transition Urban Revitalization Area"M"is that real estate described as:Parcel"D"in the SW'/<of the SW'/<of the SE'/o of Section 11,Township 83 North,Range 24 West of the 5th P.M.,Ames,Story County,Iowa;and the North 82.5'of the South 330'of the West 263'and the South 30'of the East 158'of the West 263'of the South 220'of the North 330'of the South''/Z of SW SE except Highway 69. 14. Transition Urban Revitalization Area"N"is that real estate described as:The West 100'of Lot 2 and the West 100'of the North 10'of Lot 3,all within Block 8,Black's Second Addition to Ames,Story County, Iowa; and the South 50' of Lot 3, Block 8, Black's 2nd Addition to Ames, Story County, Iowa. Section Three. The aforesaid Transition Urban Revitalization Areas shall endure form the effective date of this ordinance until the 1st day of September,2001. Section Four. This ordinance shall be in full force and effect from and after its passage and publication as required by law. Adopted this day of , 1999. Diane R.Voss,City Clerk Ted Tedesco,Mayor 0538 2