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HomeMy WebLinkAboutA013 - Council Action Form dated October 9, 2001 ITEM # a b DATE 10/09/01 COUNCIL ACTION FORM SUBJECT: RESOLUTION APPROVING THE URBAN REVITALIZATION PLAN FOR CAMPUSTOWN AND FIRST PASSAGE OF AN ORDINANCE ESTABLISHING THE URBAN REVITALIZATION AREA. BACKGROUND: On August 28, 2001 the City Council directed staff to establish a Campustown Urban Revitalization Area (URA). City Council directed staff to prepare an Urban Revitalization Plan for Campustown and to set a date of public hearing for October 9, 2001 to establish the Urban Revitalization Area. City staff has prepared an Urban Revitalization Plan for Campustown and the following items are included: • The area of the Campustown URA is the area in Campustown zoned as Downtown/Campustown Service Center. • It is expected that the value added will exceed the 5% increase required in actual value. • The owners of the properties in the district are listed on Attachment A. • The zoning is DCSC — Downtown/Campustown Service Center and S-GA — Government/Airport District. • There are no enhancements to City services needed because of this project. • The project consists of individual properties within the described Campustown Urban Revitalization Area becoming eligible only after qualifying under the Urban Revitalization Campustown Criteria Matrix (see attached Plan). • There will be no displacement of any persons and thus no relocation benefits provided. For further detail on the Urban Revitalization Plan for Campustown see the attached Plan. ALTERNATIVES: 1. The City Council can approve the Urban Revitalization Plan for Campustown and approve the Ordinance establishing the Urban Revitalization Area for Campustown on first reading. 2. The City Council can deny the Urban Revitalization Plan for Campustown and deny approval of the Ordinance establishing the Urban Revitalization Area for Campustown on first reading. 3. The City Council can direct that staff revise the Urban Revitalization Plan for Campustown and table action on the Ordinance establishing the Urban Revitalization Area for Campustown. MANAGER'S RECOMMENDED ACTION: It is the recommendation of the City Manager that the City Council adopt Alternative #1. This action will approve the Urban Revitalization Plan for Campustown and allow tax abatement for property that qualifies under the Campustown Criteria Matrix. COUNCIL ACTION: 2 ORDINANCE NO. AN ORDINANCE TO DESIGNATE THE CAMPUSTOWN URBAN REVITALIZATION AREA BE IT ordained,by the City Council for the City of Ames,Iowa,that: Section One. The land described as: Campustown Area: Beginning at a point 33 feet north and 25 feet west of the northwest corner of Lot 23,Parker's Addition, said point being on the north line of Section 9,T83N, R24W,and also being on the centerline of Lynn Avenue;thence west a distance of 2,328.05 feet along said section line,said line also being the centerline of Lincoln Way,to a point 33 feet north of the northwest corner of Lot 1, Lee's Subdivision; thence south a distance of 213 feet to the southwest corner of said Lot 1;thence east 80.1 feet to the southeast corner of said Lot 1; thence north 52 feet along the east line of said Lot 1; thence east a distance of 133 feet to a point on the centerline of South Sheldon Avenue; thence south along said centerline a distance of 339 feet;thence east a distance of 150 feet;thence north a distance of 150 feet;thence east a distance of 118.6 feet;thence south a distance of 122.2 feet to the southwest corner of Lot 4, Block 5, Auditor's Plat of Blocks 3, 4 and 5, Beardshear's Addition and Walter's Subdivision;thence northeasterly a distance of approximately 336.64 feet to the southeast corner of Lot 1,Block 5,said addition;thence north along the east line of said Lot 1 a distance of 66.65 feet to the southwest corner of Lot 10, Block 5, said addition; thence east a distance of 166.6 feet along the south line of said Lot 10 extended to the centerline of Hayward Avenue; thence south along said centerline a distance of 183.25 feet to the centerline of Chamberlain Street;thence west a distance of 20 feet;thence south along the centerline of Hayward Avenue a distance of 213 feet to a point 33 feet west of the southwest corner of Lot 7,Block 3,Auditor's Plat of Blocks 3,4 and 5,Beardshear's Addition and Walter's Subdivision; thence east a distance of 189.75 feet to a point 8 feet east of the southeast corner of Lot 14,Block 3, said addition, said point also being on the centerline of Chamberlain Place; thence south along said centerline, extended, a distance of 336 feet to a point 8 feet west of the southwest corner of Lot 1, Block 2, Beardshear's Addition;thence east a distance of 222.75 feet to a point on the centerline of Welch Avenue, said point being 33 feet east of the southeast corner of said Lot 1; thence north along said centerline a distance of 202.34 feet to a point 33 feet west and 30 feet north of the southwest corner of Lot 9,Block 1,Beardshear's Addition;thence east a distance of 183.7 feet to the east line of said Lot 9 to a point 30 feet north of the southeast corner of said Lot 9;thence north a distance of 108.1 feet to a point 11 feet west of the northwest corner of Lot 1,Terra Firma Subdivision,First Addition; thence east a distance of 217.71 feet to a point on the centerline of Stanton Avenue,said point being 31.9 feet east of the northeast corner of said Lot 1; thence north along said centerline a distance of 95.56 feet to a point 31.9 feet west of the southwest corner of Lot 17, Parker's Addition; thence east a distance of 176.9 feet; thence north a distance of 79.2 feet; thence west a distance of 29 feet; thence north along the east line of the west 116 feet of said Lot 17 to a point on the centerline of Chamberlain Street;thence easterly along said centerline to a point 39 feet north of the northwest corner of Lot 5,Greer's Subdivision;thence south a distance of 95.9 feet to a point 10.9 feet south of the southwest corner of said Lot 5; thence east a distance of 178.6 feet to the centerline of Lynn Avenue;thence north along said centerline a distance of 527.5 feet to the point of beginning. is hereby designated,pursuant to Chapter 404,Code of Iowa,as the Campustown Urban Revitalization Area. Section Two. This ordinance shall be in full force and effect from and after its passage and publication as required by law. Passed this day of , Diane R.Voss, City Clerk Ted Tedesco,Mayor Campus Town URA,Res Setting Hearing and Notice,083101.wpd RESOLUTION NO. RESOLUTION APPROVING THE PLAN FOR THE CAMPUSTOWN URBAN REVITALIZATION AREA WHEREAS,the City staff has prepared a proposed plan for a proposed urban revitalization area to be named the Campustown Urban Revitalization Area as described in the proposed plan attached hereto;and, WHEREAS,a public hearing was scheduled and notice given to owners of record of real property located within the proposed Campustown Urban Revitalization area and to the tenants and occupants living within the said proposed urban revitalization area pursuant to and in accordance with Section 404.2(3),Code of Iowa; NOW,THEREFORE,BE IT RESOLVED: 1. That it is found that the rehabilitation,conservation,redevelopment,economic development, or a combination thereof with respect to the said area is necessary in the interest of the public health,safety, or welfare of the residents of the City and the area meets the criteria of Section 404.1,Code of Iowa and is also declared appropriate for and designated as an urban renewal area for purposes of section 404.3(6)Code of Iowa. 2. The revitalization plan for the said area,called the Campustown Urban Revitalization Area, as now on file, shall be and the same is hereby approved and adopted. Done this day of 12001. By: Attested by: Ted Tedesco,Mayor Diane R. Voss, City Clerk Campus Town URA,Res Setting Hearing and Notice,083101.wpd URBAN REVITALIZATION PLAN Campustown 1. Property Address: See Attachment A. 2. Legal Description: See Attachment B (Two pages, graphics and description). 3. Assessed Valuation: Land: See Attachment A. Buildings: See Attachment A. 4. Owners: Name: See Attachment A. Address: See Attachment A. 5. Zoning District and Classification: See Attachment A. 6. City Services: No enhancements are planned. 7. Applicability of Revitalization: Revitalization shall be applicable only to that subset of eligible property within the above legal description that qualifies under the Urban Revitalization Campustown Criteria Matrix. See Attachment C. 8. Duration: There is no end date. 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)** See Attachment A. 13. Geocode: See Attachment A. 14. Tax Exemption Schedule: The exemption period is for either three (3) years, 5 years, or 10 years. All qualified real estate is eligible for tax exemption of the value added by the improvements according to the terms of the exemption selected. The overall improvement value to the property will need to be at least 105% of the current assessed value to qualify for the program. **(c-10, r-70, etc.) refer to the City Assessor's land use codes. N O 0) V W N O OD N N + A A AO A o O _. 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