HomeMy WebLinkAboutA002 - Request for Urban Revitalization Area Effective Date: June 17, 2002
Request for Designation of
Urban Revitalization Area
Application Form
(This form must be filled out completely before your application will be accepted.)
1. Property Address: /,?rJ
2. Property Identification Number(Geocode):
3. Legal Description (attach, if lengthy): C c-)--/f'ARA"
)-07- s RM C 4�, rf D
4. Street Address of Property to be Included
in the Urban Revitalization Area:
5. Property Owner: TFjL2/1 /Ci,�/Cf�
Address: p�
(Street) (City) (State) G q(zip)
Telephone: �/J —5�8-- 1'�boc;'
(Home) (Business) (Fax)
6. Contact Person:
Address: -ti�� 17� '� - 'I/
(Street) (City) (State) (zip)
Telephone:
(Home) (Business) (Fax)
E-mail address: c-S / ,,Lo-7
I(We) certify that I(we) have submitted all the required information to apply for approval of
the Request for Designation of Urban Revitalization Area and that the information is factual.
Signed by: ^ ✓ (�►t 4 1 Date: 2 O�
(Property Owner)
(Note: No other signature may be substituted for the Property Owner's Signature.)
3
Effective Date: June 17, 2002
Request for Designation of
Urban Revitalization Area
Criteria for Eligibility
Please describe how the property meets the required and optional criteria in the "Commercial Criteria
Matrix" or in the "Multiple Family Residential Matrix" (see attached). Please attach additional sheets if
necessary.
`-
4
Request for Designation of
Urban Revitalization Area
(Criteria for Eligibility)
Please describe how the property meets the required and optional criteria in the
"Multiple Family Residential Matrix".
REQUIRED CRITERIA
The site is underutilized. This in-fill site was once a prosperous farmstead with a
single-family home in addition to many service buildings. Today, this site stands
underutilized in the midst of booming commercial and residential growth. A site
that could be providing quality housing to sixty, or more, frail senior citizens has as
its principal structure a steel storage garage. This steel garage will be removed as a
part of the proposed development.
Tax base will be dramatically increased and the underutilized property will be
developed to add an affordable assisted living facility for the low income, frail
elderly, which is an under represented business in Ames.
OPTIONAL CRITERIA
The proposed development will meet two of the optional criteria in the matrix.
First, the building will be 60% brick.
Second, and the criteria we select for the basis of this application, is the
AFFORDABLE HOUSING option.
The affordable housing option in the matrix requires that 13% of the proposed
housing units will be affordable, under HUD standards, to households with income
at, or below, 80% of the CMI (County Median Income) and 7% of the units are
leased to households at, or below, 50% CMI.
One-Hundred Per-Cent (100%) of the proposed assisted living units will be
affordable to senior households at, or below, 60% of the CMI and 15% of the units
will be affordable to senior households with incomes at, or below,40% of CMI level.
The program will be structured to serve many residents (approximately 50%)
eligible for the State Rental Assistance program,which provides that rent shall not
exceed 30% of monthly income. The affordability component of the facility, under
the terms of a land-use restrictive covenant, will extend for the next fifty-years.
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NW Corner
SW 1/4 - SW 1/4
Section 8 - 83-24
Found Smolt PK Nail
S.
South of Centerline Set Survey Marker
of Mortensen Rood Lorge Nail
Mortensen Road
o+o0
-- 521 .63' N89*03'30"W
80' h- 232.1 1'
Gas r-------- Ease--ment- Recorded in Book 263, Po e 2_15
-
- ------ -
15' ------------
No Access to Mortensen Road �4;h���� NE Corner I 5' ' 30'
` Porcel D' &
1 i`5' a�� NE Corner, Lot 5
r-20' 5� Cochrane's Second
Addition l
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North
LEGEND:
= Utility Easements
�- SCALE: 1 " = 100'
XXXX = Street Address
0 = Section Corner as noted
• = Set 1/2" x 30" Iron pin w/cop #8136 25 75
o = Found Iron Pin or Monument as noted
or Set 5/8' x 30" Iron pin w/cap #8136
(m) = Measured or Computed distances 0 50 100 200 300
/92018-06/Option I.dwg SW1/4-SW1/4-Section 8 - 83-24
PURCHASE PROPOSAL 1 G=1tUPD
Parcel "D" in Lot 5, Cochrane's Second Addition
ENGINEERING PLUS, Inc.
Everett W. & Marjorie L. Cochrane
[Ames, Iowa 515-232-8553
The ROSE of Ames
Affordable Assisted Living for the Frail Elderly
SCHEDULE
1) Tax Credit Application Date--------------------------Nov. 25, 2002
2) Notification of Credit Award-------------------------March 5, 2003
3) Start Construction--------------------------------------June 1, 2003
4) Building done/Open for Residents-------------------May 1, 2004
-'�- ENGINEERING PLUS, INC.
612 Fifth Street Ames, Iowa 50010-6005 (515)232-8553 FAX (515)233-5976
Kenneth D. Janssen, PE,LS
Randy D. Lueth,ASLA Engineers
Craig L. Nelson, PE Planners
Paul R. Popelka,ASLA,AICP Land Surveyors
Landscape Architects
OPTION DESCRIPTION
Purchase Proposal 1
"The East 307 feet of the South 199 feet of Parcel "D", in Lot Five (5), Cochrane's
Second Addition, to the City of Ames, Story County, Iowa- as shown on the "Plat of Survey"
filed in the office of the Recorder of Story County, Iowa, on October 9, 1997 and recorded
as Instrument # 97-10908 in C&FN Book 15 at Page 59.
Option contains: 61,093 square feet of 1.4025 Acres net.
4f
KENNETH D.
J 8136 t a
�y Kenneth D. Ja sen P.E., L.S.
'"••
/OVJA''• License Renewal: 12-31-03
October 31, 2002
ENGINEERING PLUS, Inc.
EP-File #92018-06 (Option.part-D.Des)
NW Corner
SW 1,14 - SW 1/4
Section 8 - 83-24
Found Small PK Noil
5. South of Centerline Set Survey Marker
of Mortensen Road Large Nail
— _ M7vc;�,;,
Road
A o+00
-- N89�03'30"W
-----
80' F- 232.11'
Gos Easemn Book 263, Po e 215
r---------tts
------
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No Access to Mortensen � Parcel 'D' & - (730'
NE Corner, Lot 5
r'-20 5��� Ccchrone's Second
I
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ZONING: R—H
North
LEGEND:
= Utility Easements
�- SCALE: 1 " = 100'
XXXX = Street Address
A = Section Corner as noted 25 �5
• = Set 1/2" x 30" Iron pin w/cop #8136
o = Found Iron Pin or Monument as noted
or Set 5/8' x 30" Iron pin w/cap #8136
(m) = Measured or Computed distances 0 50 100 200 300
/92018-06/Option 1.dwg SW1/4-SW1/4-Section 8 - 83-24
PURCHASE PROPOSAL Parcel "D" in Lot 5, Cochrane's Second Addition Ei—PDENGINEERING
PLUS, Inc.
Everett W. & Marjorie L. Cochrane Ames, iowo 515-232-8553
:iw 1/4
PK Noll Cmvf-
.......... r.l0T .',I"
N,,il 200.00 ,
Mortensen Road
woo
Book
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cn
0 No of./'
o
MOrlensen Rocl(j l3c(linnir J0,
PARCEL "I
Parcel "T" ..........N'
> 4.7079 Acres
M 205,076 Square Feet
t M
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MST.
No. 10 Q—0 8 0
< 0
(D
STORY COUNTY,IOWA
FILED FOR RECORD
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rn
VARCE.I. "C',
Parcel "C"
(A 3.0000 Acres
130)681 Square Fe
J,
-.---J . 'i9gowoo,w 1)10. L.Q\
In.
Nor[h oC 4 ;.I)�
No i I ul
7SCALE: 1 100,
2.11 75
100 Tan
ER-QPRIETOR•
I V-,I I W. Al. Moljoriv CERTIFICATION:
ZONING R-3 I hereby certify that this plot is in accordance
with a survey, made by me or under my direct
-LEGEND personal supervision, in October, 1997; at the
I-- request of Patrick G. Day, of Dial Realty, Inc.,
1 11506 Nicholas Suite 200, Omaha, Nebrosko
(430i) Sl,rcl nrmres 68154.
A Scdoon (;otnct us noled
• Se( 1/7" 1,,n pill -/COP IS 136 �• KENNEfFI D.
I,—ym cw as ilolcd J
3[r b." I'll, 1
./Cw 18l.i(j
UV`/
et D.P.9- ........... K ayssen P.E., L.S.I
EP—File #92018--1 fin—ew 10-g 97 A License Renewal: 12-31-97
. October 7, 1997 SW 1/4 SW 1/4 — Sec. 8 - 83-24
PLAT of SURVEY eiklK Lot 5, Cochrane's Second Addition III
PAGE
ENGIN E verett W EERING PLUS, Inc.
& Marjorie L. Cochrane
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