HomeMy WebLinkAboutA011 - Invitation to Board of Supervisors to consultation - City Manager's Office
515 Clark Avenue,P.O.Box 811
Ames,IA 50010
Caring people
Phone: 515-239-5101
Quality programs Fax: 515-239-5142
F.ceptional Service
December 10, 2008
Story County Board of Supervisors
900 Sixth Street
Nevada, IA 50201
Dear Affected Taxing Entity:
The City of Ames is preparing an Urban Renewal Plan and considering the establishment of an
Urban Renewal Area that will provide for the division of revenue from taxation (tax-increment
financing) as allowed in Code of Iowa Chapter 403.19. This action will impact Story County as
one of the taxing entities, and a copy of the proposed Urban Renewal Plan is enclosed for your
information.
In accordance with Code of Iowa Chapter 403.5 (2), you are invited to attend, or to appoint a
representative to attend, a consultation with the Ames City Council to be held on December 16 at
6:30 PM in the City Council Chambers of Ames City Hall, 515 Clark Avenue. In accordance
with the new state law, Story County's appointed representative will have seven days following
the consultation to submit written recommendations for modifications to the proposed division of
revenue. The City will review the comments and provide written response no later than seven
days prior to the public hearing on the adoption of the Urban Renewal Plan. You will also be
mailed a copy of the Notice of Public Hearing.
This is the first time that the City of Ames has attempted to utilize tax-increment financing since
the new state law on this subject was implemented. If you have questions, we will make every
attempt to answer them.
Sincerely,
,1&,U
Steve Schainker
City Manager
SLS/CK:dry
Enclosure