HomeMy WebLinkAboutA002 - Urban Revitalization Policy criteria dated June 12, 2012 URBAN REVITIALIZATION POLICY
Southeast 16th Street
The City Council will consider establishing Urban Revitalization Areas and Plans for
properties that meet all of the following qualifying criteria:
1. The properties have frontage on Southeast 16th Street between South Duff
Avenue and South Dayton Avenue.
2. Fill or other flood proofing will be placed on the site up to an elevation of, at least,
887 feet (NGVD29), when an engineer registered in Iowa provides written
certification that raising the land would result in "no rise" to the Base Flood
Elevation (100 year flood level).
3. The cost incurred after making the request for tax abatement for the placement of
fill for flood proofing up to an elevation of 887 feet or above and/or channel
improvements (See Criterion 6), if applicable, is expected to be equal to or
greater than the value of the City's portion of the tax abatement.
4. A public sidewalk is to be constructed along the south side of the Southeast 16th
Street adjacent to the property.
5. The property will be used for uses permitted in the applicable zoning district
except for the following as further defined and described in the Ames Zoning
Ordinance:
a. Wholesale trade
b. Mini-storage warehouse facilities
c. Transportation, communications, and utility uses
d. Institutional uses
e. Adult entertainment businesses
f. Detention facilities
g. Agricultural or industrial equipment sales
h. Agricultural and farm related activities
(The City Council might want to consider other exceptions from the list of uses currently
permitted in the Highway-Oriented Commercial zoning district shown on Attachement C)
6. Owners of property abutting a river must perform channel improvements
(widening, straightening, clearing, etc.) and provide certification from an engineer
registered in Iowa that the improvements will mitigate flooding. These
improvements must be approved by the DNR, Army Corps of Engineers, and the
City of Ames.
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Since satisfaction of criterion 3, 5, and 6 cannot be guaranteed at the time of approving
the tax abatement incentive, a developer agreement prior to the approval of the Urban
Revitalization Plan will be required to assure that the City will repaid an amount equal to
the tax abatement received for any criterion not met. In addition, the developer
agreement should also require that the conditions that allowed the determination of "no
rise" be maintained by the property owner.