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HomeMy WebLinkAbout~Master - Initiation of URA for 2700 Block of Lincoln Way RESOLUTION NO. 16-574 RESOLUTION SETTING DATE OF PUBLIC HEARING ON URBAN REVITALIZATION AT 2700, 2702, 2718,AND 2728 LINCOLN WAY, 112 AND 114 SOUTH HYLAND AVENUE,AND 115 SOUTH SHELDON AVENUE FOR THE CITY OF AMES WHEREAS, River Caddis, Inc., contract purchaser and developer, is requesting the designation of an Urban Revitalization Area(URA) for the properties located at 2700,2702,2718, and 2728 Lincoln Way, 112 and 114 South Hyland Avenue, and 115 South Sheldon Avenue; and, WHEREAS, the subject site consists of seven properties with a total area of 1.8 acres that are currently zoned Residential High Density(RH)with the University West Impacted Overlay(O- UIW) and Campustown Service Center(CSC); and, WHEREAS, rezoning of the RH properties to CSC is also being requested along with approval of the draft Urban Revitalization Plan; and, WHEREAS,the history of the site includes a prior use as small commercial retail uses,a gas station, and multi-family housing; and, WHEREAS,the current contract purchaser/developer will remove the existing buildings and consolidate the lots with the intent of developing a single mixed-residential and commercial project on the subject area; and, WHEREAS, on June 10, 2016, the Council directed staff to proceed with creation of an Urban Revitalization Area for the project, and in lieu of listing specific design criteria, the City Council directed that a site and architectural plan exhibit be the design criteria for the revitalization area; and, WHEREAS, the City Council also reviewed the developer's updated concept on August 9, and gave direction to address certain issues as part of the draft URA Plan; and, WHEREAS, the draft URA Plan meets state requirements and also includes qualifying criteria; these criteria require substantial conformance to the Concept Plans; and, WHEREAS, the draft plan also identifies that it will expire on December 31, 2021, noting that any eligible property will continue to receive previously approved tax abatement; and, WHEREAS, if the Council is satisfied with the draft Urban Revitalization Plan and qualifying criteria, it must next set a public hearing date to consider approval of the Plan; and, WHEREAS,the Council will meet on November 15,2016,and may conduct a public hearing at that time and act upon approval of the URA. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that acceptance of the draft Urban Revitalization Plan for 2700,2702,2718„and 2728 Lincoln Way, 112 and 114 South Hyland Avenue, and 115 South Sheldon Avenue is hereby approved; BE IT FURTHER RESOLVED by the City Council of the City of Ames, Iowa, that November 15,2016,is set as the date of public hearing for the adoption of the Plan and for approval of the Urban Revitalization Area. ADOPTED THIS 27`h day of September, 2016. CALW"'WA. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Orazem Seconded by: Nelson Voting aye: Beatty-Hansen, Corrieri, Gartin,Nelson, Orazem Voting nay: Betcher Absent: None Resolution declared adopted and signed by the Mayor this 27'day of September, 2016.