HomeMy WebLinkAbout~Master - Agreement with Story County to establish an Urban Renewal Plan RESOLUTION NO. 11-528
RESOLUTION APPROVING AGREEMENT FOR
STORY COUNTY URBAN RENEWAL PLAN
FOR THE CITY OF AMES,IOWA
WHEREAS,the Story County Board of Supervisors is seeking to establish an urban renewal
area in portions of unincorporated Story County,and Chapter 403 of the Code of Iowa describes the
powers of municipalities and the process for creating an urban renewal area; and,
WHEREAS, if a county seeks to establish an urban renewal area within two miles of the
boundaries of an incorporated city, there must be a joint agreement between the city and county to
allow the county to proceed with the activities authorized by the Iowa urban renewal law; and,
WHEREAS,while the proposed urban renewal plan establishes a single urban renewal area,
it is actually three separate and distinct geographic sites; and,
WHEREAS, a portion of one of the proposed sites lies within two miles of Ames, and the
two other sites proposed within the county include the large wind turbine farm in the northeast
portion of the county and a smaller demonstration wind farm south of Nevada; and,
WHEREAS, the County is seeking to establish this urban renewal area in order to create a
tax increment financing district, and the increased property tax revenue that development will
generate will go to support public improvements for all residents of Story County.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Agreement with Story County to establish an urban renewal area within two miles of Ames
is hereby approved.
ADOPTED THIS 22nd day of November, 2011.
A . v � ,
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Goodman
Seconded by: Davis
Voting aye: Davis, Goodman, Larson, Mahayni, Orazem, Wacha
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd day of November, 2011.