HomeMy WebLinkAboutAtt 2 ISURP TIF
Duane R Pitcher to: Kelly Diekmann 09/25/2019 11:46 AM
Cc: Diane R Voss, Mark Lambert,Steve Schainker
Kelly,
Doing some preliminary work on the TIF reporting due on December 1. I learned from the
County Auditor that the ARFC property at 3600 University is now outside the boundaries of
the ISURP TIF district. Per the City Assessor's records, a plat of survey was approved by
Council on 8/14/2018 (Res. 18-481) that modified the lot to include the tennis bubble. This
change placed the lot outside the TIF district boundaries and to have taxes go to the TIF a
property needs to be fully within the boundaries. As best I can tell from the sketched maps
I have, the ARFC lot including the tennis bubble is within the URA. If that is the case we will
need to modify just the TIF ordinance to change the boundaries.
The property taxes collected in September 2019 and March 2020 will not be impacted,
however there is some urgency to modify the ordinance. The County tells me we need to
have this done prior to our December 1 TIF claim.
For Legal - let me know if you will be preparing the ordinance with the modified TIF
boundaries or if you would like me to coordinate with Planning and Dorsey Law to get this
done.
Duane
Duane Pitcher, CPA, CPFO
Director of Finance
City of Ames
515 Clark Avenue
P.O. Box 811
Ames, Iowa 50010
Phone (515) 239-5114