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HomeMy Public PortalAboutResolutions-2013-129 Tiff'jn/436989-10/UR Amend Hrg No Add's RESOLUTION NO.2013-129 A resolution to approve urban renewal plan amendment for the Tiffin Urban Reneival Area Vv`HEREAS, as a preliminary step to exercising the authority conferred -upon Iowa cities by,Chapter 403 of the Code of.lowa (the "Urban Renewal Law"), a municipality must"adopt a resolution finding that one or more slums, blighted or economic developfhent areas exist in the municipality and that the rehabilitation, conservation, redeNielopmeni, development or a combination thereof, of such area or areas is necessary in the interest of the public health, safety or welfire of the residerits.,of the municipality; and WHEREAS, this City Council by Prior resolution established the Tiffin Urban Renewal Area (the "Urban Renewal Area") and adopted an urban renewal plan (the "Plan") for the governance of projects and initiatives therein; and WHEREAS, an amendment (the "Amendment") to the Plan has been prepared which would facilitate the undertaking of new urban renewal projects•consisting of (i) using tax iiicrement financing in support of the City's 2013 Capital Improvement Projects; (ii) using tax increment financing in support of the-City Park Improvements Project including paving at,the City's soccer complex and fencing at the baseball diamonds; and (iii) using tax increment financing to support d private developer in the development of an industrial'recycling plant in the Urban Renewal Area; and (iv) using tax increment financing to support the improvement and extension of public infrastructure in connection with the development of residential housing; and WHEREAS, notice of a public hearingl�y the City Council of the City of Tiffin, Iowa, on the proposed.Amendment was heretofore given`in strict compliance with the provisions of .-Chapter 403 of the Code of Iowa, and the Council has conducted said hearing on June 26, 2013; and WHEREA S, copies- of the Amendment, notice, of- public hearing and, notice of-a consultation meeting with respect to the Amendment were mailed to Johnson County'and the Clear C'reek-Amarfa Co unity School District; the consultation meeting was held on the 26h- day of June, 2013; and responses to any comments or recommendations received following the consultation meeting were made as requir6d by law; NOW, THEREFORE, It Is Resolved by-the City Council'of the City of Tiffin, Iowa, as follows: Section 1. The Am-endment, attached hereto and madd a part hereof, is hereby in all respects approved. Section 2. It is hereby determined by this City Council as follows: A. The activities proposed under the Nmendment conform to the general plan `for the development of the City; -3- DORSEY&WHITNEY LLP,A S,DES MOINES,IOWA You created this PDF from an application that is not licensed to print to novaPDF printer(Ihttlp,-://wwwin(:)Valp(if.(, im ............... .................................................................... .......... ^ " . � ^ . ` ^ ' ' , , ^ � . ~ . , ~ . . ° . . . ` � ^ ` B. Proposed economic development under the Amendment is'necessary and appropriate to facilitate the proper growth and development of the City in accordance with sound planning standards and local community objectives. Section 3. All resolutions or parts thereof in conflict herewith are hereby repealed, to the extent of such conflict. Passed and dpproved June 26, 2013. Mayor City Clerk (Attach copy of the urban renewal plan amendment to this resolution.) ^ -4- � DOR0EY&WHITNEY LL�AT DES MOINES,IOWA . . ' You created this POF from an application that is not licensed to print tonovaPOF printer( | " ^ ° ~ � . . . . ~ , ~ ~ , ~ ^ ~ � ^ . " . ! . ^ . ` � m : ^ - ^ � ` - ~ . , ^ ^ , , n ' ' ' ~ . - ^ ` . Upon motion and vote, t�e meeting adjourned. Mayor City Clerk � -5- DORgEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA � ° - You created this POF from an application that io not licensed to print tonovaPOF printer( | Tiffin/436989-0/1JR Amend Hrg No Add's STATE OF IOWA CO UNTY OF JOHNSON SS: CITY'OF TIFFIN 1, the undersigned, do hereby certify that I am the duly appointed, qualified and acting City Clerk of the City aforementioned, and that as such I have in my possession or have access to, the complete`corporate'records of the City and of its officers; and that I have'care fully compared the transcript hereto attached with the aforesaid records and that the attache&is a true, correct and complete copy of--"the corporate,records relating to the action taken by the City Council preliminary'to and in connection with' approving the urban renewal plan amendment for the Tiffin Urban Renewal Area in the City of Tiffin,,Iowa. WITNESS MY HAND this 26h day of Juhe, 2013. -17 City Clerk -6- Y&WHITNEY LLP,ATTORNEYS,?DES MOINES, A IOW You created this PDF from an application that is not licensed to print to novaPDF printer(1h. V f. im..) I ................................ .............. Tiffin/436989-10[UR Amend Hrg No Add's HEARING & APPROVAL OF 2013 AMENDMENT TO THE -TIFFIN URBAN RENEWAL AREA '436999'10 Tiffiyf, Iowa -June 26, 201 The City Council of the City of Tiffin, Iowa, met on June 26, 2013, at 6:30 p.m., at the ri Spngmier Library in the C Middle School,.in the 6ty for the purpose of conducting a public hearing on a proposed urban'renewal plan amendment. The Mayor..presided and the roll being called the following members of the Council-were present and absent: Present: Kahier;'Ryan, Bartels, Upton, Phillips Absent: none The City Council investigated and found,that notice o f the'intention of the Cou'nci I to conduct a public hearing on the urban renewal plan amendment had been published according'tb law and as directed by the Council and that this is the time and place at which the Counbil'shall receive oral or written objections froni any resident or property owne'r of the City. All writteh objections, statements, and evidence-heretofore filed,were reported,to the Council, and all,oral objections, statements, an ,all other exhibits.presented were considered. The following -named persons presented oral objections, statements, or evidence as summarized,below; filed written objections or 'state ments;copies of which are attached her6to; or presented other exhibits, copies of which are attached hereto:' (Here list all persons presenting written or oral statemlenti or evidence and summarize each presentation.) DORSEY&WHITNEY L ,' TT DES MOINES,IOWA You created.this PDF from an application that is not licensed to print to novaPDF printer(1h.t..t..Ip,-://wwwiri(:)Valp(if.com) I .................................................................... ........ ........ . i Tifrin/4369894 O/UR Amehd Hrg No Add's There being no further objections,.comments, or evidence offered, thd Mayor announced the hearing closed. Council Member Kahler moved ihe-adoptio'n of a resolution entitled "A resolution to approve urban renewal plan amendment for the Tiffin Urban Renewal Area", seconded by Council Member Ryan. After & consideratiol n, the Mayor put the question on the motion and the roll being called,'the following named Council Members voted: Ayes: Kahler, Ryan, Bartels,.Upton, Phillips" Nays: none Whereup�qn, the Mayor declared the resolution duly adopted and signed approval thereto. -2- DORSEY&WHITNEY LLP,.ATTORNES,DES MOINES,IOWA You created this PDF from,an application that is not licensed to print,to novaPDF printer(Ihttlp-�//wwwin(:)Valp(if.(,(:)Im) ............... ...................................................................... ......... ................... Jiffin/436989-10/UR Plan Amend CITY OF TIFF IN, IOWA AN RENEWAL PLAN AMENDMENT TIFF IN URBAN RENEWAL AREA June 12, 2013 The Urban Renewal P1hn (the "Plan") for the Tiffin Urban Renewal Area (the "Area") is being amended for the,purpose of identifying new urban renewal_.projects to be undertaken th6rein. 1) Identification of Projects. By virtue of this amendment, the list of authorized -urban renewal projects in the' Plan is hereby amended to include the following project descriptions: A) Name of Project:' City Park Improvements Project (the"City Park Project") Name of Urban Renewal Area: 'Tiffin Urban Renewal Area -Year of Establishment of Urban Renewal Area: 2005 Date of Council Approval of Project: June 26, 2013 Descriptibn of City Park Project: The City approved the City Park Project in an amendment to the Plan on November 28, 2102 (the "November 2012 Amendment"). In addition to improVements set forth in the November 2012 R Amendment, the City Park Project will include paving,,.improvements at, the City's soccer, complex and the installAtion of fencing at the City's baseball diamonds. The City Park Project will enhance the quality of life in the City,­ thereby resulting in residential and commercial growth in the Area., Description-of Properties to be Acqu ire d,in Connection with City Park Project: The City'.i will acquire such easement territory and right-of-way as are necessary to sticcessfally undertake the City.Park Project. Description Use,of T14T ior the City Park Project: It is anticipated that the City will pay for the City Pgrk Project with either borr awed`funds or the proceeds--of An intern advance of City funds on-hand. In either case, the'City's obligation will be repaid with incremental property tax revenues. It is anticipated that the City's use of incremental property L tax revenues for City Park Project will not exceed $600,000: You 'Created this PDF from an.application that is not licensed to print to novaPDF printer(Ihttlp-�//wwwin(:)valp.(If.,(,(:)im I i I I ............... ..............................................I................... ......... ........ B) 2013 Capital Improvements Project"The following projects are included as part of the City's 2013 Capital Improvements Project: 1) Name of Project: Old Town W ate rmain Improvements Project Na 'me of Urban Renewal Area: Tiffin Urban Renewal Area r Year.of Establishment of Urban Renewal Area: 2013 L Date of Council Approval of Project: June 26, 2013 Description of Old Towif Watermain Improvements Project:- The City identified certain properties-situated in Old Town as blighted properties(the "Blighted Properties") in the Area in the November 2012 Amendinent. The Old Town Waterrndin Improv6ments Project will consist of the construction of new watermains and necessary appurtenances for the alleviation of bliglit on the Blighted Properties.. Description of Properti6s,to be Acquired in Connection with Old Town Watermain Improvements Project:--The City will acquire such easement territory and right-of-way 41 as are necessary to successfully undertake the Old Town Wat6rmain Infprovements, Project. D6scription of Location and Use,of TIF for the Old ToWn'Watermain Improvements Project: It is anticipated 'that' the, City will pay forte Old Town Watermain- improvenients Project with either borrowed funds or the proceeds of an internal advance of City funds on-hand. In either case, the City's obligation will be-repaid with incre ental• prioperty tax revenues. It is anticipated that the City's use of incremental property tax revenues for Old 'town Watermaiii Improvements Project will not exceed $200,000. 2)Name of Project: Island'Removal at Roberts Ferry Road Project Name of Urban Renewal A;ea: Tiffin-U' rban ReneVval Area Year of Establishment of Urban Renewal Area: fi Date of Council Approval of Project: June 26, 2013 Description of Island Removal at Roberts Ferry Road Project: The Island Removal ht'Roberts Ferry Road,Project will consist of replacing the,islands situated on Robert's r0i .Ferry Road lying north and south of its intersection-with Oakdale Boulevard with flat PCCt pave ment and will include such other work incidental thereto including painting pavement markings. Description of Prop et'ties,to be Acquired in Connection with, Island Removal'at Roberts,Ferry,Road Project: The City will acquire such ease m'ent'territory and right- of-way as are necessary to s,uccessfully undertake the Island Removal at Roberts Ferry Road Project. You created this PDF from an application that is not licensed to print to novaPDF printer(1h.t..t..Ip-://wwwiri(:)Valp(if.coo) ......................................................:.............. ........ ....... r 41 Description ocaio` s r the Island Removal at Roberts Yerry Road roject: It is anticipated that the City will pay for the Island e oval at Roberts Fe Road Project with either borrowed funds or the proceeds o an internal advance of City nds o -hand. In either case, the City's obligation will be repaid with incremental property tax revenues. It is anticipated that the City's use of incremental property tax revenues for Island-Removal at Roberts Ferry Road Project will not exceed$70,000. 3} Name of Project: Potter Park Improvements Project Name of a n Renewal Area: Tiffin,Urban Renewal Area r Year of s is "e e` e` Area: 1 s Date of Councif vl' Project: June 26, 2013 Description a r Park Improvements Project: -The Potter Park Improvements Project will consist of the construction of an asphalt parking lot and PCC pave R ent sidewalks at Potter Park and other work incidental thereto. The Potter Park Improvements Project will enhance the quality of life in the City, thereby resulting in residential and commercial growth in the Area. Description, of Properties to bi Acquired in Connection with e Improvements Project: The City will acquire such easement territory and right-of-way as are necessary to successfully undertake the Potter Park Improvements Project. Description of oc do and se of tlF for the Potter,Park Improvements Project: It is anticipated that the City will pay for the Potter Park Improvements Project with, either borrowed funds or the proceeds of an internal advance of City funds on-hand. I either case, the City's obligation will be repaid with incremental property tax revenues. It is anticipated that the ity's, se of incremental property tax revenues for Potter Park Improvements Project will not exceed$35,000.. 4}Name of Project: Roberts Ferry Road Overlay Project_ Name of r e e l a`: Tiffin Urban Renewal Area Year of Establishment of e e a Area: iOlo Date of Council Approval of Project:' June 26, 2013 Description a s-Ferry Road Overlay Project: The Roberts Ferry, Road u Overlay Project will consist of the resurfacing of Roberts Ferry Road with asphalt overly from its intersection 'with Highway 6 continuing north to its intersection with West 6oldfin6h Drive and,ot er work incidental thereto. Description ernes to be Acquired in ecti with o e t Ferry Road Overlay Project: The City will acquire such easement territory and right-of-way as are necessary to successfully undertake the Roberts Ferry Road Overlay Project. ` 4844-0893-8769\1 0/0/0000 0.00 A You created this PDF from an application that is not licensed to print to novaPDF printer(Ihltt�p;//w irla:nva�p(if a;anm) Description of Location and Use of TIF forte Roberts Ferry Road Overlay Project:, It is anticip&ed that the. City will pay for the Roberts Ferry Road Overlay Project with either borrowed fund's or the proceeds of an internal advance of City funds on-hand. In either case, the City's'obligation will be repaid with incremental property tax revenues. It is anticipated that the City's use of incremental property tax revenues for Roberts Ferry Road Overlay Project will not exceed $80,000. 5)Name of Project: Jasper Avenue North Project Name of Urban Renewal Area: Tiffin Urban Renewal Area Year bf Establishment of Urban Renewal Area: 2005 Date of Council Approval of Project- June 26, 2013 Description of Jasper Avenue of Project: The Jasper Avenue North Project will consist of the asphalt paving of Jasper Avenue from its intersection with HighWiy 6 continuing to a point approximately 1,000 feet'north at the top of the hill situated on Jasper Avefiue and other work incidental thereto. Descriptionof Properties to be Acquired in Connection with Jasper Avenue.North Project: The City will acquire such easement territory and right-of-way'as are necessary to successfully undertake the Jasper Avenue North Project. Description of Location a Use of TIF for the Jasper Avenue North Proj,ect: It is anticipated that the City will pay for the'Jasper Avenue North Project with either borrowed funds or the proceeds of wine advance of City fdnds,on-hand. In either case, the City's obligation will be repaid with incremental property tax revenues. It is t. anticipated that the City's use of incremental property-tax revenues for Jasper Avenue North Project will not exceed $85;000` . 6)Name of Projeci:, Kimberlite Street Extension Project .Name.of Urban Renewal Area: Tiffin Urban-Renewal Area Year of Esiablis'hinent of Urban Renewal Area: 2005 Date of Council AppF6vaI of Project: June 26, 2013 Description of Kimb6rlite Street Extension Projeet- The Kimberlite Street Extension Project will consist of the extension of Kimberlite Street from its dead end to the parking lot at City Park including PCC paving and curb and gutter. The Kimberlite Street Extension Project will also include the construction of an asphalt parking lot at the end of Kimberlite Street at City Park and the construction of PCC pavement sidewalk along the new extension ofKimberl,ite Street to City Park. You created this PDF from an application that is not licensed to print to novaPDF printer(Ihttlp-�//www iri(:)Valp(if.(,(:)im) ............... ...................................................................... ......... ....... ....... Description of Properties to be Acquired in Connection with Kirriberlite Street Extension Project: The City will acquire such easement territory,and t-of-way as are necessary to successfiilly undertake the Kimberlite Street Extension Project. Description of Location and Use of TIF forte KiMberlite Street Extension Project: It is anticipated that the City will pay for the Kimberlite Street Extension Project with either borrowed funds or the proceeds,of an internal advance of City funds on-hand. In either case,'the City's obligation will be repaid with incremental property tax revenues. It is anticipated that,.the City's use of incremental property tax revenues far.Kimberlite Street-Extension Project will not exceed $325,000. C) Name of Project: Big Country Seeds Expansion Project(the"Big Seeds Project")' Name of Urban Renewal Area: Tiffin Urban Renewal Area Year of Establighment of Urban Renewal Area: 2005 Date of Council Approval of Big Seeds Project: , June 26, 2013 Description of Big Seeds Project: Big Country Seeds (the "Company") has d propose .-to undertake the expansion of its seed processing facility situated at 1050 Greenfield Drive (the "Development Property") in'the Ar6a. The expansion will double in size the Company's existing physical plant, add industrial/recycling operations and add, four (4) new jobs. It has been, requested that the City provide tax increment financing assistance to the Company in support of the efforts to improve the Development Property. Description of Public Infrastructuke: It is not anticipated that the'City will install public infrastructure in connection with the Big Seed's Project. Description of Properties to be Acquired in Connection with Big Seeds Project: it is not anticipated that the City will acquire real property in connection with the Big Seeds Project. 'Description bf Use of TIF: The City intends to enter into a Development Agreement with the Company with respect to the Big Seeds Project and to provide 'economic develop mentpayments (the "Pa tints") thereunder. The Payments will be funded with incremental property tax revenues to be derived from the Development Property. It is anticipated that.the City's.total commitment of incremental property tax revenues with respect to the Big Seeds Project will not exceed$250,000. D) Name of Project: Housing Subdivision Support Project Name of Urban Renewal Area: Tiffin Urbdn Renewal Area*: 4 You created this PDF from an application that is not licensed to print to novaPDF printer(Ihttlp-�//www iri(:)Valp(if.(,(:)im) .................;..................................................................... ......... ....... ....... Year of Establishment of Urban Rinewal'Area: 2005 Date of Council Approval,of Pr6ject: June 26, 2013 Description of, Housing Subdivisi'on Support Project: A private developer (the "Developer") has proposed to undertake the development of high end residential homes on certain real property situated in the Area and bearing Johnson County Property Tax Identification Parcel Numbers 0627377001 and 0634201001- (the "Property"). The City desires to provide support to the Developer,by using tax increment financing to support 'the construction of the public infrastructure necessary" for the development of housing on the Property. The addition of new residential housing in the City will enhance,the quality of life in the City thereby resulting in commercial and residential growth in the City.. Description of Properties to be Acquired in Connection with Project: It is not anticipated that the City will acquire real•property i onnection with the Housing Subdivision-Support Project. Description of Use of TI F: It is anticipated that the City will enter into a development agreement with the Developer, pursuant to which the City will provide payments thereunder funded with ihcremental property tax, revenues to be derived from the properties in the Area. It is anticipated that the City's use of incremental property tax revenues for Housing Subdivision Support Project will not exceed $80,000. LMI Set Aside: Pursuant to the provisions of Section 403.22 of the Code of Iowa, the City will make provision for low and moderate income family housing assistance in an amount'not less than 39.5% of the TIF Revenues applied toward the Housing Subdivision 'Support Project. 2) Required Financial Information. The'following information is provided in accordance with the requirements'of Section 403.17 of the.Code of Iowa: Constitutional debt limit of the City: $7,655,224 Outstanding general obligation debt'of the City: $4,000,000 Proposed debt to be incurred in area to be added to Urban Renewal Area: $1,725,060* *It is anticipated that some or all'of the debt incurred hereunder will be subject to 'dnnual appropriation V Y.the,City C6uncll. You created this PDF from an application that is not licensed to print to novaPDF printer(Ihttlp-�//wwwin(:)Valp(if.(,(:)im) ............... ...................................................................... ......... ....... ....... Tiffin/436989-1012'd 1/2 Hrg(rr)&Auth Bond Proceeds z MINUTES TO TAKE ACT.ION ON LOAN EE ENT 436989-10 Tiffin, Iowa June 12, 2013 The City Council of the City,of Tiffin, Iowa, met on July l Ot , 2013, at 6:30 p. at the Tiffin City Center, Tiffin; Iowa. The meeting was called.to order, y the Mayor, and,the roll was called showing the following members of the City Council present and absent: tr Present: Jo v Kahler, Mike Ryan, Jim Bartels, Peggy Upton, Royce Phillips Absent: None This being the ti e'and place specified for•t i action'o 'the proposal to enter into a loan agreement i a principal amount not, to exceed' $400,000 related to constructing improvertients to City.Hall, the City Clerk announced that no written objections had been placed on file. 'Whereupon, the Mayor called for y'written or oral objections, and there being none; the Mayor closed the public hearing. ' After due consideration and discussion, Council Melfiber Ryan introduced"the following resolution and moved its`adoption, seconded by_Concil e ber.Bartels. The Mayor put the question upon the adoption o said resolution, ` the roll being called, the following Council' Members voted: Ayes: Kahler, Ryan, Bartels, t Nays: Upton, Phillips Whereupon, the Mayor declared the resolution duly adopted, as hereinafter set out. At the conclusion of the meeting and upon motion vote, the City Council adjourned. Steven L. Berner, Mayor Attest® l ico Jack o ,' ° y ministratorlCler s , f' 4 RSEY&wHm Ey LLP;'ATTORNEYS,DES MOD4ES,IOWA i You created this PDF from an application that is not licensed to print to novaPDF printer(Ih1tt� ;/!vv nt;nvaIp(..t...t;tnim)_ Tiffin1436989-10/2nd 1/�Hrg(ff)&:Auth Bond Proceeds NOW, THEREFORE, It Is Resolved by the City Council of the City of Tiffin, Iowa, as follows: Section°1. The City Council hereby approves the Supplemental Loan Agreement and declares that this resolution constitutes the "additional action" required by Section 384.24A of the Code of Iowa. It is hereby ordered that the proceeds received from the issuance of the Bonds be expended 'to pay the costs of the Improvements authorized in connection with the Supplemental Loan Agreement in an amount not to exceed $400,000. Section 2. All resolutions-and orders or parts thereof in conflict with the provisions of this resolution, to the extent of such conflict, are hereby repealed. Section 3. This resolution shall be in full force and effect immediately upon its adoption and approval, as provided by law. U Passed and approved July 10, 2013. Steven L.. Berner, Mayor Attest: < Micon Ja+so , C �' Administrator/Clerk -3- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA You created this PDF from an application that is not licensed to print to novaPDF printer(1h. f. im.) I ................................ ............... TiffliV436989-10/2'd Vi Hrg(rr)&Auth Bond Proceeds STATE OF IOWA COUNTY OF JOHNSON SS:• CITY OF TIFFIN 1, the undersigned, City Clerk of the City of Tiffin, do hereby,certify that attached hereto is i true and correct copy of the proceedings:of the City Council relating to the hearing on the City Council's intention to approve a Loan Agreement in a principal amount not to exceed $400,000 and to authorize the expenditure of bond proceeds. WITNESS MY HAND this I oth day of July, 2013. Michon J Jcksa ity Administrator/Clerk -4- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA You created this PDF from an application that is not licensed to print to novaPDF printer(1h. v a.p(I.T. im.) .............................. ...............