HomeMy WebLinkAbout~Master - Amending the Fifth Tax Increment Financing (TIF) District within ISU Research Park ORDINANCE NO. 4481
AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF
THE CITY OF AMES, IOWA, BY AMENDING THE LEGAL
DESCRIPTION FOR THE FIFTH TAX INCREMENT
FINANCING DISTRICT (ISU RESEARCH PARK) SECTION
24.18(2); REPEALING ANY AND ALL ORDINANCES OR
PARTS OF ORDINANCES IN CONFLICT TO THE EXTENT
OF SUCH CONFLICT; AND ESTABLISHING AN EFFECTIVE
DATE.
BE IT ENACTED, by the City Council for the City of Ames,Iowa,that:
Section One. The Municipal Code of the City of Ames, Iowa shall be amended by deleting the
legal description for the Fifth Tax Increment Financing District (ISU Research Park), contained in
Section 24.18(2), and replacing it with the following new legal description:
"Sec. 24.18. FIFTH TAX INCREMENT FINANCING DISTRICT.
ISU Research Park Urban Renewal Area
2014 TIF Legal Description
Part of the Southwest Quarter of Section 15, and part of the North Half of Section 22, all in Township
83 North, Range 24 West of the 5"P.M., Story County, Iowa, all together being described as follows:
Beginning at the Northwest Corner of said Section 22; thence N00°04'27"E, 149.78 feet along the
West line of said Section 15; thence S88036'58"E, 713.46 feet; thence NO3°04'35"E, 414.92 feet;
thence S87°45'55"E, 585.84 feet; thence S00011'18"W, 49.93 feet; thence S89°14'47"E, 296.62 feet;
thence N56°46'25"E, 622.15 feet; thence N89°52'19"E, 512.38 feet to the East line of the Southwest
Quarter of said Section 15; thence S00°10'26"W, 668.83 feet along said line; thence N89°49'34"W,
40.00 feet;thence N84°05'51"W,274.12 feet;thence S78°03'58"W 591.22 feet;thence S15°31'36"W,
122.07 feet;thence S51°07'52"W, 509.09 feet;thence S35°54'39"W, 375.38 feet;thence S39°49'11E,
705.92 feet to the beginning of a curve;thence southwesterly,westerly,and northwesterly, 583.54 feet
along said curve having a radius of 810.00 feet concave to the north, a central angle of 41°16'38" and
being subtended by a chord which bears S89°22'02"W, 571.00 feet; thence S19°40'37"W, 79.93 feet
to the beginning of a curve;thence southerly and easterly, 356.26 feet along said curve having a radius
of 890.00 feet concave to the north,a central angle of 22°56'07"and being subtended by a chord which
bears S81045'59"E, 353.89 feet; thence S00°01'56"E, 197.61 feet; thence S71°56'15"W, 300.81 feet;
thence S89°30'54"W, 107.46 feet;thence S00028'11"E,356.16 feet;thence S89°31'49"W,508.03 feet;
thence N00°24'13"W, 356.18 feet; thence S89031'47"W, 303.04'; thence S89°39'36"W, 96.95 feet to
the West line of said Section 22; thence N00°24'00"W, 349.23 feet to the Southwest Corner of the
Northwest Quarter of the Northwest Quarter of said Section 22;thence N00°23'42"W, 1319.25 feet to
the point of beginning (containing 80.00 acres), and Lots 4, 5, 6, 7, 8, and 9, Iowa State University
Research Park Third Addition, all within Ames, Story County, Iowa.
Section Two. All ordinances, or parts of ordinances, in conflict herewith are hereby repealed
to the extent of such conflict, if any.
Section Three. This ordinance shall be in full force and effect from and after its passage and
publication as required by law.
Passed this 8th day of November, 2022.
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Renee Nall, City Clerk John A. Haila, Mayor