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HomeMy WebLinkAboutA010 - Resolution No. 00-495 adopted October 24, 2000 RESOLUTION NO. 00-495 RESOLUTION APPROVING THE URBAN REVITALIZATION PLAN FOR 2922 WEST STREET FOR THE CITY OF AMES, IOWA BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Urban Revitalization Plan for the 2922 West Street Urban Revitalization Area is hereby approved. ADOPTED THIS 24th day of October, 2000. Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Goodhue Seconded by: Hoffman Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 24th day of October, 2000. URBAN REVITALIZATION PLAN 2922 WEST STREET 1. Property Addresses: (A)*2916 West St (B)2920 West St (C)2926 West St (D)224 Howard 2. Legal Description: (A)Lot 7,Woodland Park Addition to the City of Ames,Story County,Iowa. (B)Lot 6,Except the S 60 ft,Woodland Park Addition to the City of Ames,Story County,Iowa. (C)The east 20 ft of lot 4,except the S 60 ft and lot 5 except the south 60 ft,Woodland Park Addition to the City of Ames,Story County,Iowa. (D)The south 60 ft and the East 20 ft of lot 4 and the south 60 ft of 5 and lot 6 in addition to the vacated alley adjacent to the south, Woodland Park Addition to the City of Ames,Story County,Iowa. 3. Assessed Valuation: Land: (A)44,000 Buildings: (A)45,700 (B)41,300 (13)30,200 (C)23,300 (C)66,000 (D)24,700 (D)51,600 4. Owners: Name: (A)Hanson Homes,Inc Address: (A)3212 Sumac Cir,Ames,IA 50014 (B)Hanson Homes,Inc (B)3212 Sumac Cir,Ames,IA 50014 (C)Hanson Homes,Inc (C)3212 Sumac Cir,Ames,IA 50014 (D)Hanson Homes,Inc (D)3212 Sumac Cir,Ames,IA 50014 5. Zonirw District and Classification: R-H(Residential High Density Zone) 6. City Services: No enhancements are planned 7. Applicability of Revitalization: Revitalization shall be applicable only to that subset of eligible property within the residential classification that takes the form of a 20-unit,3-story apartment building at 2922 West Street. 8. Duration: October 24,2002 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 or loans. 12. Existing Land Use (A)C-615,Apartments and Sleeping rooms (D)R-70,2-Story 1945 and Older (B)C-103,3 Apartments (C)R-190,2-Family Conversion 13. Geocode: (A)0904351030 (B)0904351020 (C)0904351010 (D)0904351300 *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