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Home My WebLink AboutA001 - Proof of Publication dated August 15, 2017 AMES TRIBUNE I Tuesday,August 15,2017 Legal Notice Legal Notice Legal Notice ble property in the Barilla Urban by or for each of the taxing dis- the taxable property in such area Renewal Area, each year by and tricts upon the total sum of the as shown by the assessment roll for the benefit of the state, city, assessed value of the taxable referred to in subsection (a) of county, school districts or other property in the Urban Renewal this section,all of the taxes levied taxing districts after the effective Area, as shown on the assess- and collected upon the taxable date of this ordinance in order to ment roll as of January 1 of the property in the Urban Renewal create a special fund to pay the calendar year preceding the first Area shall be paid into the funds Principal of and interest on loans, calendar year in which the City for the respective taxing districts moneys advanced to or indebted- certifies to the County Auditor the as taxes by or for said taxing dis- ness,including bonds proposed to amount of loans, advances, in- tricts in the same manner as all be issued by the City of Ames to debtedness, or bonds payable other property linetaxes. When finance projects in such area. from the special fund referred to such loans, advances, indebted- ------------------ (2)Definitions. For use within this in paragraph (b) below, shall be ness,and bonds,if any,and inter- ------------------ ordinance the following terms allocated to and when collected est thereon, have been paid, all shall have the following mean- be paid into the fund for the re- money thereafter received from Ings: spective taxing district as taxes taxes upon the taxable property STATE OF 101 "City" shall mean the City of by or for said taxing district into in the Urban Renewal Area shall Ames,Iowa. which all other property taxes are be paid into the funds for the re- "County" shall mean Story Coun- paid. For the purpose of allocat- spective taxing districts in the 1, Scott Anderf 'Urban IowaRenewal Area"shall mean ing district which. ing taxes levied bydid or fnotor a include ny tax- pa peemanner as taxes on all other y. I am Publisher the Barilla Urban Renewal Area, the territory in the Urban Renewal (c)the portion of taxes mentioned which includes the property iden. Area on the effective date of this in subsection (b) of this section a daily newspc tified below, such Area having ordinance, but to which the terri- and the special fund into which been identified in the Urban Re- tory has been annexed or other- that portion shall be paid may be Story County, newal Plan approved by the City wise included after the effective irrevocably pledged by the City for Council by resolution adopted on date,the assessment roll applica- the payment of the principal and July 11,2017: ble to property in the annexed ter- interest on loans, advances, 3311 East Lincoln Way (10-06-400- ritory as of January 1 of the calen- bonds issued under the authority 010) dar year preceding the effective of Section 403.9(1) of the Code of CITY OF AME Parcel "B" being a part of the date of the ordinance whicl^ Iowa,or indebtedness incurred by Southeast Quarter(SE 1/4)and East amends the plan for the Urban Re- the City to finance or refinance in Ordinance No Half(E%)of the Southwest Quar- newal Area to include the an- whole or in part projects in the Ur- ter(SW'/4),Section Six(6),Town- nexed area,shall be used in deter- ban Renewal Area. ship Eighty-three (83) North, mining the assessed valuation of (d) as used in this section, the Range Twenty-three (23) West of the taxable property in the an- word "taxes" includes, but is not was publishe( the Sth P.M., City of Ames, Story nexed area. limited to, all levies on an ad County, Iowa as described in a (b)that portion of the taxes each valorem basis upon land or real 1 time(s) on A Plat of Survey filed in the office of year in excess of such amounts property. the last of sai the Recorder of Story County, Io- shall be allocated to and when (4) Repealer. All ordinances or wa,on July 22,1997,in Certificate collected be paid into a special parts of ordinances in conflict was on Augus 11 Field Notes Book 15,Page 18. fund of the City to pay the princi- with the provisions of this ordi- And pal of and interest on loans,mon- nance are hereby repealed. 3303 East Lincoln Way(10-06-450- eys advanced to or indebtedness, (5)Saving Clause. If any section, 020) whether funded, refunded, as- provision, or part of this ordi- Beginning at a point on the South sumed or otherwise, including nance shall be adjudged invalid or Line of the Southeast Quarter(SE bonds issued under the authority unconstitutional, such adjudica- '/4) of Section Six (6), Township of Section 403.9(1) of the Code of tion shall not affect the validity of Eighty-three (83) North, Range Iowa, incurred by the City to fi- the ordinance as a whole or any Twenty-three (23)West of the 5th nance or refinance, in whole or in section, provision or part thereof P.M., Story County, Iowa, Four part,projects in the Urban Renew- not adjudged invalid or unconsti- Hundred Seventy-seven (477)Feet al Area,and to provide assistance tutional." East of the South Quarter (S Y4) for low and moderate-income Section Two. All ordinances, or Corner of said Section Six (6); family housing as provided in Sec- parts of ordinances, in conflict thence North 2°03'East Four Hun- tion 403.22 of the Code of Iowa,ex- herewith are hereby repealed to dred Fifty Five (455) Feet; thence cept that taxes for the regular and the extent of such conflict,if any. #1010544 East Three Hundred Sixty-eight voter-approved physical plant and Section Three. This ordinance ORDINANCE NO. 4320 (368) Feet; thence South 2° 03' equipment levy of a school dis- shall be in-full force and effect AN ORDINANCE TO AMEND THE West Four Hundred Fifty-five(455) trict imposed pursuant to Section from and after its passage and MUNICIPAL CODE OF THE CITY OF Feet; thence West along the Sec- 298.2 of the Code of Iowa, to the publication as required by law. AMES,IOWA,BY ENACTING A NEW tion line Three Hundred Sixty- extent authorized in Section Passed this 8th day of August, SECTION 24.17 THEREOF,FOR THE eight(368)Feet to the Point of Be- 403.19(2)of the Code of Iowa,tax- 2017. PURPOSE OF A FOURTH TAX IN- ginning, now in the City of Ames, es for the instructional support Diane R.Voss,City Clerk CREMENT FINANCING DISTRICT; Iowa,subject to easements to the program levy of a school district, Ann H.Campbell,Mayor REPEALING ANY AND ALL ORDI- State of Iowa recorded in Book 98, imposed pursuant to Section NANCES OR PARTS OF ORDINAN- Page 123 and Book 88,Page 295. 257.19 of the Code of Iowa,to the Published in the Ames Tribune on CES IN CONFLICT TO THE EXTENT (3)Provisions for Division of Taxes extent authorized in Section August 15,2017(1T) OF SUCH CONFLICT; AND ESTAB- Levied on Taxable Property in the 403.19(2)of the Code of Iowa,tax- LISHING AN EFFECTIVE DATE. Urban Renewal Area. After the ef- es for the payment of bonds and BE IT ENACTED,by the City Council fective date of this ordinance,the interest of each taxing district, for the City of Ames,Iowa,that: taxes levied on the taxable prop- and taxes imposed under Section Section One. The Municipal Code erty in the Urban Renewal Area 346.27(22)of the Code of Iowa,re- of the City of Ames,Iowa shall be each year by and for the benefit of lated to joint county-city build- and the same is hereby amended the State of Iowa, the City, the ings,shall be collected against all by enacting a new Section 24.17 as County and any school district or taxable property within the taxing follows: other taxing district in which the district without limitation by the "Sec. 24.17. FOURTH TAX INCRE- Urban Renewal Area is located, provisions of this ordinance. Un- MENT FINANCING DISTRICT. shall be divided as follows: less and until the total assessed (1) Purpose. The purpose of this (a)that portion of the taxes which valuation of the taxable property ordinance is to provide for the di- would be produced by the rate at in the Urban Renewal Area ex- vision of taxes levied on the taxa- which the tax is levied each year ceeds the total assessed value of AMT: $84.13 AD#: 1010544 ACCT: 33408