HomeMy WebLinkAboutA007 - Resolution No. 02-596A adopted November 12, 2002 RESOLUTION NO. 02-596A
RESOLUTION IN SUPPORT OF
DESIGNATING 1305 COCONINO ROAD AS
AN URBAN REVITALIZATION AREA
FOR THE CITY OF AMES
WHEREAS,the City of Ames, Iowa,has been informed by The ROSE of Ames,LP,that a
low-income housing tax credit application will be filed with the Iowa Finance Authority for the
development of affordable rental housing to be located at 1305 Coconino Road,Ames, Iowa,with
a legal description as follows: 1.4 acres from the SE corner of Lot 1, Cochrane's Second Addition
to the City of Ames, Iowa(a rectangular site with 199' fronting Coconino and 307' deep); and,
WHEREAS, this housing project will contain 56 units; and,
WHEREAS, the units will be targeted to Affordable Assisted Living for Frail Elderly
Seniors; and,
WHEREAS, the project will be new construction; and,
WHEREAS<the property will have the following amenities: Central Dining Meal Program
(all living units will have full kitchens as well);common areas for dining,socializing,and activities
(computer lab for seniors on site);beauty shop on site;private office space for exams,nursing visits,
and therapy; and,
WHEREAS, the Sponsor has requested local assistance through a tax abatement; and,
NOW, THEREFORE, BE IT RESOLVED by the City Council of Ames, Iowa, that we
support and approve the designation of 1305 Coconino Road as an Urban Revitalization Area and
the development of the aforesaid housing in our community, subject to City Ordinances,the public
hearing process for the Urban Revitalization Program, and the building permit process. This
Resolution is effective until December 31, 2003. In the event that any of the characteristics
mentioned above should change prior to the issuance of a building permit, this Resolution is null
and void.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Cross, Goodhue, Hoffman, Quirmbach, Vegge, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 12' of November, 2002.
APPROVED AS TO POPM
John R.Kkw
CKY AMmY