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HomeMy Public PortalAboutResolution #2017-25, Determining The Necessity An Setting Dates Of A Consultation And a Public Hearing On a Proposed Welch Farm Development Urban Renewal Plan For a Proposed Urban Renewal Area In The City Of Rivedale, State Of Iowa 7EZ) /O cool '7 /24 -3 &off Ow-L.c7-7 RAS /T C./7Y /44001 74. NO. 2017-25 64uAff 11/tv -/ csPARA. /C,CS1I RESOLUTION DETERMINING THE NECESSITY AND SETTING DATES OF A CONSULTATION AND A PUBLIC HEARING ON A PROPOSED WELCH FARM DEVELOPMENT URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF RIVERDALE, STATE OF IOWA WHEREAS, it is hereby found and determined that one or more economic development areas, as defined in Chapter 403, Code of Iowa, exist within the City and the rehabilitation, conservation, redevelopment, development, or combination thereof, of the area is necessary in the interest of the public health, safety, or welfare of the residents of the City; and WHEREAS, this Council has reasonable cause to believe that the area described below satisfies the eligibility criteria for designation as an urban renewal area under Iowa law and has caused there to be prepared a proposed Welch Farm Development Urban Renewal Plan("Plan" or "Urban Renewal Plan") for the Welch Farm Development Urban Renewal Area("Area" or "Urban Renewal Area"), which proposed Plan is attached hereto as Exhibit 1; and WHEREAS, this proposed Urban Renewal Area includes and consists of: A PART OF THE SOUTHWEST QUARTER OF SECTION 23 AND A PART OF THE NORTH ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 26, ALL IN TOWNSHIP 78 NORTH, RANGE 4 EAST OF THE 5TH P.M., SCOTT COUNTY, IOWA, COMMENCING AS A POINT OF REFERENCE AT A BRASS MONUMENT MARKING THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 01°10'12" EAST, ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 392.04 FEET TO AN IRON ROD MARKING THE SOUTHWESTERN MOST CORNER OF PLEASANT HILLS 1ST ADDITION; THENCE SOUTH 59°20'26" EAST, ALONG THE SOUTH LINE OF SAID PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 824.18 FEET TO AN IRON ROD MARKING THE SOUTHWEST CORNER OF LOT 10 IN SAID PLEASANT HILLS 1ST ADDITION AND BEING THE NORTHEAST CORNER OF THE CITY OF RIVERDALE PARCEL PER PLAT OF SURVEY AT DOCUMENT No. 2012-00007082 AND ALSO BEING THE PONT OF BEGINNING OF THE LAND HEREIN INTENDED TO BE DESCRIBED; THENCE SOUTH 30°39'42" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 60.24 FEET TO AN IRON ROD; THENCE SOUTH 86°48'08" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 161.53 FEET TO AN IRON ROD; THENCE SOUTH 43°17'02" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 115.72 FEET TO AN IRON ROD; THENCE SOUTH 25°56'54" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 272.70 FEET TO AN IRON ROD; THENCE SOUTH 25°31'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE 1 • PARCEL, A DISTANCE OF 240.48 FEET TO AN IRON ROD; THENCE SOUTH 20°59'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 340.89 FEET TO AN IRON ROD; THENCE SOUTH 07°03'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 453.71 FEET TO AN IRON ROD ON THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23 AND BEING THE SOUTHERLY CORNER OF SAID CITY OF RIVERDALE PARCEL; THENCE SOUTH 01°10'12" EAST, ALONG THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 470.67 FEET TO A BRASS MONUMENT MARKING THE SOUTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 53°52'11" EAST, A DISTANCE OF 1148.36 FEET TO A BRASS MONUMENT; THENCE NORTH 61°36'51" EAST, A DISTANCE OF 380.39 FEET; THENCE SOUTH 47°19'12" EAST, A DISTANCE OF 326.37 FEET TO AN IRON ROD ON THE NORTHERLY RIGHT OF WAY OF U.S. HIGHWAY 67; THENCE NORTH 47°14'38" EAST, ALONG THE SAID NORTHERLY RIGHT OF WAY LINE OF U.S. HIGHWAY 67, A DISTANCE OF 1306.91 FEET TO AN IRON ROD MARKING THE SOUTHERN MOST CORNER OF OUTLOT A IN SAID PLEASANT HILLS 1ST ADDITION; THENCE NORTH 54°24'51" WEST, ALONG THE SOUTHERN LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 496.20 FEET TO AN IRON ROD IN CONCRETE; THENCE NORTH 47°10'40" EAST, ALONG THE SOUTHWEST LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION A DISTANCE OF 471.34 FEET TO AN IRON ROD IN CONCRETE; THENCE NORTH 50°3520" WEST, ALONG THE SOUTH LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 199.65 FEET; THENCE NORTH 59°20'26" WEST, ALONG THE SAID SOUTH LINE OF PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 1844.82 FEET TO THE POINT OF BEGINNING. WHEREAS, the proposed Urban Renewal Area includes land classified as agricultural land and written permission of the current owners will be obtained; and WHEREAS, City staff has caused there to be prepared a form of Plan, a copy of which has been placed on file for public inspection in the office of the City Clerk and which is incorporated herein by reference, the purpose of which is to form the Welch Farm Development Urban Renewal Area suitable for economic development and to include a list of proposed projects to be undertaken within the Urban Renewal Area; and 1 WHEREAS, it is desirable that the area be redeveloped as part of the overall redevelopment covered by the Plan; and WHEREAS, the Iowa statutes require the City Council to submit the proposed Welch Farm Development Urban Renewal Plan to the Planning and Zoning Commission for review and recommendation as to its conformity with the general plan for development of the City as a whole prior to Council approval of such Plan,and further provides that the Planning and Zoning Commission shall submit its written recommendations thereon to this Council within thirty(30) days of its receipt of such proposed Welch Farm Development Urban Renewal Plan; and .2 WHEREAS, the Iowa statutes require the City Council to notify all affected taxing entities of the consideration being given to the proposed Welch Farm Development Urban Renewal Plan and to hold a consultation with such taxing entities with respect thereto, and further provides that the designated representative of each affected taxing entity may attend the consultation and make written recommendations for modifications to the proposed division of revenue included as a part thereof, to which the City shall submit written responses as provided in Section 403.5, as amended; and WHEREAS, the Iowa statutes further require the City Council to hold a public hearing on the proposed Welch Farm Development Urban Renewal Plan subsequent to notice thereof by publication in a newspaper having general circulation within the City, which notice shall describe the time, date, place and purpose of the hearing, shall generally identify the urban renewal area covered by the Plan and shall outline the general scope of the urban renewal project under consideration, with a copy of the notice also being mailed to each affected taxing entity. NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, STATE OF IOWA: Section 1. That the consultation on the proposed Welch Farm Development Urban Renewal Plan required by Section 403.5(2) of the Code of Iowa, as amended, shall be held on August 17, 2017, in the Council Chambers, City Hall, 110 Manor Drive, Riverdale, Iowa, at 10:00 A.M., and the City Administrator, or his delegate, is hereby appointed to serve as the designated representative of the City for purposes of conducting the consultation, receiving any recommendations that may be made with respect thereto and responding to the same in accordance with Section 403.5(2). Section 2. That the City Clerk is authorized and directed to cause a notice of such consultation to be sent by regular mail to all affected taxing entities, as defined in Section 403.17(1), along with a copy of this Resolution and the proposed Welch Farm Development Urban Renewal Plan, the notice to be in substantially the following form: 3 RESOLUTION NO. 2017-25 RESOLUTION DETERMINING THE NECESSITY AND SETTING DATES OF A CONSULTATION AND A PUBLIC HEARING ON A PROPOSED WELCH FARM DEVELOPMENT URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA IN THE CITY OF RIVERDALE, STATE OF IOWA WHEREAS, it is hereby found and determined that one or more economic development areas, as defined in Chapter 403, Code of Iowa, exist within the City and the rehabilitation, conservation, redevelopment, development, or combination thereof, of the area is necessary in the interest of the public health, safety, or welfare of the residents of the City; and WHEREAS, this Council has reasonable cause to believe that the area described below satisfies the eligibility criteria for designation as an urban renewal area under Iowa law and has caused there to be prepared a proposed Welch Farm Development Urban Renewal Plan("Plan" or"Urban Renewal Plan") for the Welch Farm Development Urban Renewal Area("Area" or "Urban Renewal Area"), which proposed Plan is attached hereto as Exhibit 1; and WHEREAS,this proposed Urban Renewal Area includes and consists of: A PART OF THE SOUTHWEST QUARTER OF SECTION 23 AND A PART OF THE NORTH ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 26, ALL IN TOWNSHIP 78 NORTH, RANGE 4 EAST OF THE 5TH P.M., SCOTT COUNTY, IOWA, COMMENCING AS A POINT OF REFERENCE AT A BRASS MONUMENT MARKING THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23;THENCE SOUTH 01°10'12" EAST,ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER OF SECTION 23,A DISTANCE OF 392.04 FEET TO AN IRON ROD MARKING THE SOUTHWESTERN MOST CORNER OF PLEASANT HILLS 1ST ADDITION; THENCE SOUTH 59°20'26" EAST, ALONG THE SOUTH LINE OF SAID PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 824.18 FEET TO AN IRON ROD MARKING THE SOUTHWEST CORNER OF LOT 10 IN SAID PLEASANT HILLS 1ST ADDITION AND BEING THE NORTHEAST CORNER OF THE CITY OF RIVERDALE PARCEL PER PLAT OF SURVEY AT DOCUMENT No.2012-00007082 AND ALSO BEING THE POINT OF BEGINNING OF THE LAND HEREIN INTENDED TO BE DESCRIBED; THENCE SOUTH 30°39'42" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 60.24 FEET TO AN IRON ROD;THENCE SOUTH 86°48'08" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 161.53 FEET TO AN IRON ROD; THENCE SOUTH 43°17'02" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 115.72 FEET TO AN IRON ROD;THENCE SOUTH 25°56'54" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 272.70 FEET TO AN IRON ROD;THENCE SOUTH 25°31'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE 1 PARCEL, A DISTANCE OF 240.48 FEET TO AN IRON ROD; THENCE SOUTH 20°5958" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 340.89 FEET TO AN IRON ROD;THENCE SOUTH 07°03'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 453.71 FEET TO AN IRON ROD ON THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23 AND BEING THE SOUTHERLY CORNER OF SAID CITY OF RIVERDALE PARCEL; THENCE SOUTH 01°10'12" EAST, ALONG THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 470.67 FEET TO A BRASS MONUMENT MARKING THE SOUTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23;THENCE SOUTH 53°52'11" EAST, A DISTANCE OF 1148.36 FEET TO A BRASS MONUMENT; THENCE NORTH 61°36'51" EAST, A DISTANCE OF 380.39 FEET; THENCE SOUTH 47°19'12" EAST, A DISTANCE OF 326.37 FEET TO AN IRON ROD ON THE NORTHERLY RIGHT OF WAY OF U.S. HIGHWAY 67; THENCE NORTH 47°14'38" EAST, ALONG THE SAID NORTHERLY RIGHT OF WAY LINE OF U.S. HIGHWAY 67, A DISTANCE OF 1306.91 FEET TO AN IRON ROD MARKING THE SOUTHERN MOST CORNER OF OUTLOT A IN SAID PLEASANT HILLS 1ST ADDITION; THENCE NORTH 54°24'51" WEST, ALONG THE SOUTHERN LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 496.20 FEET TO AN IRON ROD IN CONCRETE; THENCE NORTH 47°10'40" EAST, ALONG THE SOUTHWEST LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION A DISTANCE OF 471.34 FEET TO AN IRON ROD IN CONCRETE;THENCE NORTH 50°3520" WEST, ALONG THE SOUTH LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 199.65 FEET; THENCE NORTH 59°2026" WEST,ALONG THE SAID SOUTH LINE OF PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 1844.82 FEET TO THE POINT OF BEGINNING. WHEREAS, the proposed Urban Renewal Area includes land classified as agricultural land and written permission of the current owners will be obtained; and WHEREAS, City staff has caused there to be prepared a form of Plan, a copy of which has been placed on file for public inspection in the office of the City Clerk and which is incorporated herein by reference, the purpose of which is to form the Welch Farm Development Urban Renewal Area suitable for economic development and to include a list of proposed projects to be undertaken within the Urban Renewal Area; and WHEREAS, it is desirable that the area be redeveloped as part of the overall redevelopment covered by the Plan; and WHEREAS, the Iowa statutes require the City Council to submit the proposed Welch Farm Development Urban Renewal Plan to the Planning and Zoning Commission for review and recommendation as to its conformity with the general plan for development of the City as a whole prior to Council approval of such Plan,and further provides that the Planning and Zoning Commission shall submit its written recommendations thereon to this Council within thirty(30) days of its receipt of such proposed Welch Farm Development Urban Renewal Plan; and 2 WHEREAS, the Iowa statutes require the City Council to notify all affected taxing entities of the consideration being given to the proposed Welch Farm Development Urban Renewal Plan and to hold a consultation with such taxing entities with respect thereto, and further provides that the designated representative of each affected taxing entity may attend the consultation and make written recommendations for modifications to the proposed division of revenue included as a part thereof, to which the City shall submit written responses as provided in Section 403.5, as amended; and WHEREAS, the Iowa statutes further require the City Council to hold a public hearing on the proposed Welch Farm Development Urban Renewal Plan subsequent to notice thereof by publication in a newspaper having general circulation within the City, which notice shall describe the time,date, place and purpose of the hearing, shall generally identify the urban renewal area covered by the Plan and shall outline the general scope of the urban renewal project under consideration, with a copy of the notice also being mailed to each affected taxing entity. NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, STATE OF IOWA: Section 1. That the consultation on the proposed Welch Farm Development Urban Renewal Plan required by Section 403.5(2)of the Code of Iowa,as amended, shall be held on August 17,2017, in the Council Chambers, City Hall, 110 Manor Drive, Riverdale, Iowa,at 10:00 A.M., and the City Administrator,or his delegate, is hereby appointed to serve as the designated representative of the City for purposes of conducting the consultation, receiving any recommendations that may be made with respect thereto and responding to the same in accordance with Section 403.5(2). Section 2. That the City Clerk is authorized and directed to cause a notice of such consultation to be sent by regular mail to all affected taxing entities, as defined in Section 403.17(1),along with a copy of this Resolution and the proposed Welch Farm Development Urban Renewal Plan, the notice to be in substantially the following form: 3 NOTICE OF A CONSULTATION TO BE HELD BETWEEN THE CITY OF RIVERDALE, STATE OF IOWA AND ALL AFFECTED TAXING ENTITIES CONCERNING THE PROPOSED WELCH FARM DEVELOPMENT URBAN RENEWAL PLAN FOR THE CITY OF RIVERDALE, STATE OF IOWA The City of Riverdale, State of Iowa will hold a consultation with all affected taxing entities, as defined in Section 403.17(1)of the Code of Iowa, as amended, commencing at 10:00 A.M. on August 17,2017, in the Council Chambers, City Hall, 110 Manor Drive, Riverdale, Iowa concerning a proposed Welch Farm Development Urban Renewal Plan,a copy of which is attached hereto. Each affected taxing entity may appoint a representative to attend the consultation. The consultation may include a discussion of the estimated growth in valuation of taxable property included in the proposed Urban Renewal Area, the fiscal impact of the division of revenue on the affected taxing entities,the estimated impact on the provision of services by each of the affected taxing entities in the proposed Urban Renewal Area, and the duration of any bond issuance included in the Plan. The designated representative of any affected taxing entity may make written recommendations for modifications to the proposed division of revenue no later than seven days following the date of the consultation. The City Administrator, or his delegate, as the designated representative of the City of Riverdale, State of Iowa, shall submit a written response to the affected taxing entity, no later than seven days prior to the public hearing on the proposed Welch Farm Development Urban Renewal Plan, addressing any recommendations made by that entity for modification to the proposed division of revenue. This notice is given by order of the City Council of the City of Riverdale, State of Iowa, as provided by Section 403.5 of the Code of Iowa, as amended. Dated this 8th day of August 2017. Ronald Fullerlove, City Clerk, City of Riverdale, State of Iowa (End of Notice) 4 Section 3. That a public hearing shall be held on the proposed Welch Farm Development Urban Renewal Plan before the City Council at its meeting which commences at 7:00 P.M. on September 5, 2017, in the Council Chambers, City Hall, 110 Manor Drive, Riverdale, Iowa. Section 4. That the City Clerk is authorized and directed to publish notice of this public hearing in the Quad City Times, once on a date not less than four(4) nor more than twenty(20) days before the date of the public hearing, and to mail a copy of the notice by ordinary mail to each affected taxing entity, such notice in each case to be in substantially the following form: 5 (One publication required) NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED WELCH FARM DEVELOPMENT URBAN RENEWAL PLAN FOR A PROPOSED URBAN RENEWAL AREA N THE CITY OF RIVERDALE, STATE OF IOWA The City Council of the City of Riverdale, State of Iowa, will hold a public hearing before itself at its meeting which commences at 7:00 P.M. on September 5, 2017 in the Council Chambers, City Hall, 110 Manor Drive, Riverdale, Iowa, to consider adoption of a proposed Welch Farm Development Urban Renewal Plan(the "Plan")concerning a proposed Urban Renewal Area in the City of Riverdale, State of Iowa, legally described as follows: A PART OF THE SOUTHWEST QUARTER OF SECTION 23 AND A PART OF THE NORTH ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 26, ALL IN TOWNSHIP 78 NORTH, RANGE 4 EAST OF THE 5TH P.M., SCOTT COUNTY, IOWA, COMMENCING AS A PONT OF REFERENCE AT A BRASS MONUMENT MARKING THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 01°10'12" EAST, ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER OF SECTION 23,A DISTANCE OF 392.04 FEET TO AN IRON ROD MARKING THE SOUTHWESTERN MOST CORNER OF PLEASANT HILLS 1ST ADDITION; THENCE SOUTH 59°20'26" EAST, ALONG THE SOUTH LINE OF SAID PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 824.18 FEET TO AN IRON ROD MARKING THE SOUTHWEST CORNER OF LOT 10 IN SAID PLEASANT HILLS 1ST ADDITION AND BEING THE NORTHEAST CORNER OF THE CITY OF RIVERDALE PARCEL PER PLAT OF SURVEY AT DOCUMENT No. 2012-00007082 AND ALSO BEING THE PONT OF BEGINNING OF THE LAND HEREIN INTENDED TO BE DESCRIBED;THENCE SOUTH 30°39'42" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 60.24 FEET TO AN IRON ROD; THENCE SOUTH 86°48'08" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 161.53 FEET TO AN IRON ROD; THENCE SOUTH 43°17'02" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 115.72 FEET TO AN IRON ROD; THENCE SOUTH 25°56'54" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 272.70 FEET TO AN IRON ROD; THENCE SOUTH 25°31'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 240.48 FEET TO AN IRON ROD;THENCE SOUTH 20°59'58" WEST,ALONG THE EAST UNE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 340.89 FEET TO AN IRON ROD; THENCE SOUTH 07°03'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 453.71 FEET TO AN IRON ROD ON THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23 AND BEING THE SOUTHERLY CORNER OF SAID CITY OF RIVERDALE PARCEL; THENCE SOUTH 01°10'12" EAST,ALONG THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 470.67 FEET TO A BRASS 6 MONUMENT MARKING THE SOUTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 53°52'11" EAST, A DISTANCE OF 1148.36 FEET TO A BRASS MONUMENT; THENCE NORTH 61°36'51" EAST, A DISTANCE OF 380.39 FEET; THENCE SOUTH 47°19'12" EAST, A DISTANCE OF 326.37 FEET TO AN IRON ROD ON THE NORTHERLY RIGHT OF WAY OF U.S. HIGHWAY 67; THENCE NORTH 47°14'38" EAST,ALONG THE SAID NORTHERLY RIGHT OF WAY LINE OF U.S. HIGHWAY 67, A DISTANCE OF 1306.91 FEET TO AN IRON ROD MARKING THE SOUTHERN MOST CORNER OF OUTLOT A N SAID PLEASANT HILLS 1ST ADDITION; THENCE NORTH 54°24'51" WEST, ALONG THE SOUTHERN LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 496.20 FEET TO AN IRON ROD IN CONCRETE; THENCE NORTH 47°10'40" EAST, ALONG THE SOUTHWEST LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION A DISTANCE OF 471.34 FEET TO AN IRON ROD IN CONCRETE;THENCE NORTH 50°35'20" WEST, ALONG THE SOUTH LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 199.65 FEET; THENCE NORTH 59°20'26" WEST, ALONG THE SAID SOUTH LINE OF PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 1844.82 FEET TO THE POINT OF BEGINNING. which land is to be included as part of this proposed Urban Renewal Area. A copy of the Plan is on file for public inspection in the office of the City Clerk, City Hall, City of Riverdale, Iowa. The City of Riverdale, State of Iowa is the local public agency which, if such Plan is approved,shall undertake the urban renewal activities described in such Plan. The general scope of the urban renewal activities under consideration in the Plan is to stimulate, through public involvement and commitment,private investment in residential development in the Urban Renewal Area through various public purpose and special financing activities outlined in the Plan. To accomplish the objectives of the Plan,and to encourage the further economic development of the Urban Renewal Area,the Plan provides that such special financing activities may include, but not be limited to, the making of loans or grants of public funds to private entities under Chapter 15A of the Code of Iowa. The City also may reimburse or directly undertake the installation, construction and reconstruction of substantial public improvements, including, but not limited to, street,water, sanitary sewer, storm sewer or other public improvements. The Plan provides that the City may issue bonds or use available funds for purposes allowed by the Plan and that tax increment reimbursement of the costs of urban renewal projects may be sought if and to the extent incurred by the City. The Plan initially proposes specific public infrastructure or site improvements to be undertaken by the City, and provides that the Plan may be amended from time to time. Any person or organization desiring to be heard shall be afforded an opportunity to be heard at such hearing. 7 This notice is given by order of the City Council of the City of Riverdale, State of Iowa, as provided by Section 403.5 of the Code of Iowa. Dated this 8th day of August 2017. Ronald Fullerlove, City Clerk, City of Riverdale, State of Iowa (End of Notice) 8 Section 5. That the proposed Welch Farm Development Urban Renewal Plan, attached hereto as Exhibit 1, for the proposed Urban Renewal Area described therein is hereby officially declared to be the proposed Welch Farm Development Urban Renewal Plan referred to in the notices for purposes of such consultation and hearing and that a copy of the Plan shall be placed on file in the office of the City Clerk. Section 6. That the proposed Welch Farm Development Urban Renewal Plan be submitted to the Planning and Zoning Commission for review and recommendation as to its conformitywith thegeneralplan for the development of the Cityas a whole p , with such recommendation to be submitted in writing to this Council within thirty(30)days of the date hereof. PASSED AND APPROVED this 8th day of August 2017. Sonya Paddock,Mayor ATTEST: Ronald Fullerlove,Fullerlove, City Clerk Label the Plan as Exhibit 1 (with all exhibits) and attach it to this Resolution. 9 Exhibit 1 WELCH FARM DEVELOPMENT URBAN RENEWAL PLAN for the WELCH FARM DEVELOPMENT URBAN RENEWAL AREA CITY OF RIVERDALE, IOWA SEPTEMBER 2017 LOCAL GOVERNMENT PROFESSIONAL SERVICES, INC. DBA SIMMERING-CORY FINAL 8-2-2017 TABLE OF CONTENTS SECTION A. NTRODUCTION B. DESCRIPTION OF THE URBAN RENEWAL AREA C. AREA DESIGNATION D. BASE VALUE E. DEVELOPMENT PLAN F. RESIDENTIAL DEVELOPMENT G. PLAN OBJECTIVES H. TYPES OF RENEWAL ACTIVITIES I. ELIGIBLE URBAN RENEWAL PROJECTS J. FNANCIAL NFORMATION K. URBAN RENEWAL FINANCING L. PROPERTY ACQUISITION/DISPOSITION M. RELOCATION N. STATE AND LOCAL REQUIREMENTS O. AGRICULTURAL LAND P. PROPERTY WITHIN AN URBAN REVITALIZATION AREA Q. SEVERABILITY R. URBAN RENEWAL PLAN AMENDMENTS S. EFFECTIVE PERIOD EXHIBITS A. LEGAL DESCRIPTION OF WELCH FARM DEVELOPMENT URBAN RENEWAL AREA B. WELCH FARM DEVELOPMENT URBAN RENEWAL AREA MAPS C. AGRICULTURAL AGREEMENT 2 FINAL 8-2-2017 Welch Farm Development Urban Renewal Plan for the Welch Farm Development Urban Renewal Area City of Riverdale, Iowa A. INTRODUCTION This Welch Farm Development Urban Renewal Plan ("Plan" or "Urban Renewal Plan") for the Welch Farm Development Urban Renewal Area ("Area" or "Urban Renewal Area") has been developed to help local officials respond to and promote economic development in the City of Riverdale, Iowa (the "City"). The primary goal of this Plan is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined in the Code of Iowa Section 403.17(12). In order to achieve this objective, the City intends to undertake Urban Renewal activities pursuant to the powers granted to it under Chapter 403 and Chapter 15A of the Code of Iowa, as amended. B. DESCRIPTION OF THE URBAN RENEWAL AREA The Urban Renewal Area is described in Exhibit"A" and illustrated in Exhibit"B." The land is currently undeveloped and being used for agricultural purposes. This property has never been residential in nature nor part of a residential housing development. The City reserves the right to modify the boundary of the Area at some future date. C. AREA DESIGNATION With the adoption of this Plan, the City designates this Urban Renewal Area as an economic development area that is appropriate for the provision of public improvements related to housing and residential development. D. BASE VALUE If the Urban Renewal Area is legally established, a Tax Increment Financing (TIF) ordinance is adopted, and debt is certified prior to December 1, 2017, the taxable valuation as of January 1, 2016, will be considered the frozen "base valuation" for the portion of the Urban Renewal Area identified in the TIF ordinance. If a TIF ordinance is not adopted until a later date, or debt is not first certified prior to December 1, 2017,the frozen"base value"will be the assessed value of the taxable property within that area covered by the TIF ordinance as of January 1 of the calendar 3 FINAL 8-2-2017 year preceding the calendar year in which the City first certifies the amount of any debt on the Area. E. DEVELOPMENT PLAN Riverdale has a general plan for the physical development of the City as a whole, outlined in the 2012-2032 Comprehensive Plan, adopted by the City in November 2012. The goals and objectives identified in this Plan, and the urban renewal projects described herein, are in conformity with the goals and actions identified in the 2012-2032 Comprehensive Plan. This Urban Renewal Plan does not in any way replace the City's current land use planning or zoning regulation process. Currently the Area contains land that is zoned R-1A (Single Family Residential). The City doesn't anticipate any change in zoning as a result of the proposed development. The need, if any, for improved traffic, public transportation, public utilities, recreational and community facilities, or other public improvements within the Urban Renewal Area, is set forth in this Plan. As the Area continues to develop, the need for public infrastructure extensions and upgrades will be evaluated and planned for by the City. F. RESIDENTIAL DEVELOPMENT The City's objective in this Urban Renewal Area is to promote new residential development. The City realizes that the availability of affordable housing is an important component of attracting new business and industry and retaining existing businesses. Riverdale is located in Scott County, is completely surrounded by the City of Bettendorf, and is within an easy commute of Davenport IA, (7 miles) and Moline, IL (10 miles). Because of its location Riverdale strives to be a family-friendly community. However, growth within the community is limited due to the community being landlocked between the City of Bettendorf and the Mississippi River, thus, most of the City's economic growth is through development of infill areas and redevelopment of existing properties. The larger metropolitan area is growing. As an example, the City of Bettendorf's comprehensive plan projects a growth of 7,800 people by 2035 resulting in a need for an additional 3,800 new housing units. As a part of the greater Bettendorf area Riverdale can expect to benefit from the need for housing in Bettendorf and other surrounding communities. The 2012-2032 Comprehensive Plan identified policies related to housing that encouraged variety and support infill and redevelopment practices. The proposed project would involve the development of some of the last remaining agricultural land available within the City's corporate limits into approximately 116 new residential lots. 4 FINAL 8-2-2017 The City expects growth in economic development activities to continue with-in the City and in the region which will increase the demand for additional housing. As such, the City has taken the position of supporting the creation of new housing opportunities, including increasing the variety of housing options available, as a way to encourage the overall growth of the City and region. When a city utilizes tax increment financing to support residential development (such support is limited to reimbursement of"public improvement" costs, as defined by Iowa law), a percentage of the incremental revenues (or other revenues) generated by the development must be used to provide assistance to low and moderate income (LMI) families. LM1 families are those whose incomes do not exceed 80%of the median Scott County income. Unless a reduction is approved by the Iowa Economic Development Authority, the amount of incremental revenues (or other revenues) to be provided for low and moderate income family housing in the community shall be either equal to or greater than the percentage of the original project costs (i.e., the amount of TIF funds used to reimburse infrastructure costs serving the housing development in the Area) that is equal to the percentage of LMI families living in Scott County. That percentage is currently 37.69%. ("LMI Set-Aside Fund") The requirement to provide assistance for LMI housing may be met by one, or a combination, of the following three options: 1. Providing that at least 37.69% of the units constructed in the Area are occupied by residents and/or families whose incomes are at or below 80% of the median county income; 2. Setting aside an amount equal to or greater than 37.69%of the project costs to be used for LMI housing activities anywhere in the City; or, 3. Ensuring that 37.69% of the houses constructed within the Area are priced at amounts affordable to LMI families. If funds are set aside, as opposed to constructing a sufficient percentage of LMI housing in the Area, the assistance for low and moderate-income family housing may be provided anywhere within the City. The type of assistance provided must benefit LMI residents and/or families and may include, but is not limited to: 1. Construction of LMI affordable housing. 2. Owner/renter-occupied housing rehabilitation for LMI residents and/or families. 3. Grants, credits,or other direct assistance for LMI residents and/or families. 4. Homeownership assistance for LMI residents and/or families. 5. Tenant-based rental assistance for LMI residents and/or families. 5 FINAL 8-2-2017 6. Down payment assistance for LMI residents and/or families. 7. Mortgage interest buy-down assistance for LMI residents and/or families. 8. Under appropriate circumstances, the construction of public improvements that benefit LMI residents and/or families. G. PLAN OBJECTIVES Renewal activities are designed to provide opportunities, incentives, and sites for new residential development within the Area. More specific objectives for development within the Urban Renewal Area are as follows: 1. To increase the availability of housing opportunities, which may, in turn, attract and retain local industries and commercial enterprises that will strengthen and revitalize the economy of the State of Iowa and the City of Riverdale. 2. To stimulate, through public action and commitment, private investment in new housing and residential development and redevelopment. The City realizes that the availability of affordable, decent, safe, and sanitary housing is important to the overall economic viability of the community. 3. To plan for and provide sufficient land for residential development in a manner that is efficient from the standpoint of providing municipal services. 4. To help finance the cost of constructing public utility and infrastructure extensions and improvements in support of residential development. 5. To improve housing conditions and increase housing opportunities, particularly for LMI income families and/or individuals. 6. To provide for the installation and upgrade of public works, infrastructure, and related facilities in support of new housing development. 7. To provide a more marketable and attractive investment climate through the use of various federal, state, and local incentives. 8. To encourage residential growth and expansion through governmental policies which make it economically feasible to do business. 9. To promote development utilizing any other objectives allowed by Chapter 403 of the Code of Iowa. 6 FINAL 8-2-2017 H. TYPES OF RENEWAL ACTIVITIES To meet the objectives of this Urban Renewal Plan and to encourage the development of the Area, the City intends to utilize the powers conferred under Chapter 403 and Chapter 15A, Code of Iowa including, but not limited to, tax increment financing. Activities may include: 1. To undertake and carry out urban renewal projects through the execution of contracts and other instruments. 2. To acquire property through a variety of means (purchase, lease, option, etc.) and to hold, clear, or prepare the property for development. 3. To dispose of property so acquired. 4. To provide for the construction of site specific improvements, such as grading and site preparation activities, access roads and parking, fencing, utility connections, and related activities. 5. To arrange for, or cause to be provided, the construction or repair of public infrastructure, including, but not limited to, streets and sidewalks, traffic lights, pedestrian safety measures, trails, water mains, sanitary sewers, storm sewers, public utilities, or other facilities in connection with urban renewal projects. 6. To make loans, forgivable loans, tax rebate payments, or other types of grants or incentives to private persons, organizations, or businesses for economic development purposes or residential projects, on such terms as may be determined by the City Council. 7. To use tax increment financing to facilitate urban renewal projects, including, but not limited to, financing to achieve a more marketable and competitive land offering price and to provide for necessary physical improvements and infrastructure. 8. To use tax increment for LMI housing assistance. 9. To borrow money and to provide security therefor. 10. To make or have made surveys and plans necessary for the implementation of the Urban Renewal Plan or specific urban renewal projects. 11. To finance programs that will directly benefit housing conditions and promote the availability of housing in the community. 12. To use any or all other powers granted by the Urban Renewal Act to develop and provide for improved economic conditions for the City of Riverdale and the State of Iowa. Nothing herein shall be construed as a limitation on the power of the City to exercise any lawful power granted to the City under Chapter 15, Chapter 15A, Chapter 403, Chapter 427B, or any other provision of the Code of Iowa in furtherance of the objectives of this Urban Renewal Plan. 7 FINAL 8-2-2017 I. ELIGIBLE URBAN RENEWAL PROJECTS Although certain project activities may occur over a period of years, the eligible urban renewal projects under this Urban Renewal Plan include: 1. Rebates to Support Infrastructure Improvements in Residential Development: The proposed urban renewal project involves providing incentives to assist Woods Construction and Development, Inc. (or a related entity) in the development of an anticipated 116 lot residential subdivision in five phases. Woods Construction and Development, Inc. (or a related entity) is expected to invest approximately $8,168,000 in the subdivision, including the construction of new streets, street lighting, water, sanitary sewer, and storm water utilities. Construction is anticipated to take place over a period of years from 2017—2024. The City expects to provide assistance in the form of property tax rebates of potential incremental taxes that will result from completion of the Welch Farm Development and related public improvements. Under the proposal, some of the incremental property tax generated by the project (from the development of new housing units to be constructed on the developer's land pursuant to the Code of Iowa Section 403.19) is expected to be rebated to the developer upon substantiation of costs incurred by the developer in constructing the public improvements. Unless some other amount is determined by the City, these incentives are not expected to exceed the lesser of: • The developer's certified and approved costs of public improvements; or • $4,456,000.00(or a lesser amount). These rebates will not be general obligations of the City but will be payable solely from incremental property taxes generated by the project and subject to annual appropriation. The rebates will be available for up to a maximum of a 10-fiscal year period for the TIF ordinance area. With consent of all other affected taxing entities (by written agreement), the use of incremental property tax revenues under the Code of Iowa Section 403.19 can be extended for up to five (5) years if necessary to adequately fund the rebates. The City may decide to seek such consent. Unless LMI housing is constructed in the Welch Farm Development, the City will set aside 37.69% of the incremental taxes generated by the residential housing units (up to a maximum of the developer's certified costs of public improvements or$4,456,000.00, or a lesser amount) and use those funds to support LMI housing anywhere in the community. The remaining incremental taxes will be available to reimburse the City for planning, legal, and other project costs and to fund property tax rebates to the developer up to the above stated maximums. The City believes that assistance to develop residential housing in this Area will promote economic development by providing needed housing opportunities resulting from demand created by new and expanding businesses in the area. The City expects to enter into a 8 FINAL 8-2-2017 development agreement with Woods Construction and Development, Inc. (or a related entity) that provides detailed terms and conditions, not all of which are included in this Plan. 2. Planning, Engineering Fees (for Urban Renewal Plans), Attorney Fees, Administrative, and Other Related Costs to Support Urban Renewal Projects and Planning: Project Estimated Date Estimated Cost to be Funded with TIF Funds Fees and Costs Undetermined Not to Exceed $150,000 J. FINANCIAL INFORMATION 1. July 1,2017, Constitutional Debt Limit $4,753,575 2. Current Outstanding General Obligation Debt $1,240,000 3. Proposed amount of indebtedness to be incurred: A specific amount of debt to be incurred for the Eligible Urban Renewal Projects has not yet been determined. This document is for planning purposes only. The estimated project costs in this Plan are estimates only and will be $4,606,000.00 incurred and spent over a number of years. In no event will the City's constitutional debt limit be exceeded. The City Council will (plus an LMI set consider each project proposal on a case-by-case basis to determine if aside) it is in the City's best interest to participate before approving an urban renewal project or expense. It is further expected that such indebtedness, including interest on the same, may be financed in whole or in part with tax increment revenues from the Urban Renewal Area. Subject to the foregoing,it is estimated that the cost of the Eligible Urban Renewal Projects as described above to be funded by TIF funds will be approximately as stated in the next column: K. URBAN RENEWAL FINANCING The City intends to utilize various financing tools such as those described below to successfully undertake the proposed urban renewal actions. The City has the statutory authority to use a variety of tools to finance physical improvements within the Area. These include: A. Tax Increment Financing. Under Section 403.19 of the Code of Iowa, urban renewal areas may utilize the tax increment financing mechanism to finance the costs of public improvements, economic development incentives, or other urban renewal projects. Upon creation of a tax 9 FINAL 8-2-2017 increment district within the Area, by ordinance, the assessment base is frozen and the amount of tax revenue available from taxes paid on the difference between the frozen base and the increased value, if any, is segregated into a separate fund for the use by the City to pay costs of the eligible urban renewal projects. Certain increased taxes generated by any new development, above the base value, are distributed to the taxing entities, if not requested by the City, and in any event upon the expiration of the tax increment district. B. General Obligation Bonds. Under Division III of Chapter 384 and Chapter 403 of the Code of Iowa, the City has the authority to issue and sell general obligation bonds for specified essential and general corporate purposes, including the acquisition and construction of certain public improvements within the Area and for other urban renewal projects or incentives for development consistent with this Plan. Such bonds are payable from the levy of unlimited ad valorem taxes on all the taxable property within the City of Riverdale. It may be, the City will elect to abate some or all of the debt service on these bonds with incremental taxes from this Area. The City may also determine to use tax increment financing to provide incentives such as cash grants, loans, tax rebates, or other incentives to developers or private entities in connection with the urban renewal projects identified in this Plan. In addition, the City may determine to issue general obligation bonds, tax increment revenue bonds or such other obligations, or loan agreements for the purpose of making loans or grants of public funds to private businesses located in the Area for urban renewal projects. Alternatively, the City may determine to use available funds for making such loans or grants or other incentives related to urban renewal projects. In any event, the City may determine to use tax increment financing to reimburse the City for any obligations or advances. L. PROPERTY ACQUISITION/DISPOSITION The City will follow any applicable requirements for the acquisition and disposition of property within the Urban Renewal Area. NI. RELOCATION The City does not expect there to be any relocation required of residents or businesses as part of the eligible urban renewal project; however, if any relocation is necessary, the City will follow all applicable relocation requirements. N. STATE AND LOCAL REQUIREMENTS All provisions necessary to conform to State and local laws will be complied with by the City in implementing this Urban Renewal Plan and its supporting documents. 10 FINAL 8-2-2017 0. AGRICULTURAL LAND Because the Urban Renewal Area contains land that is defined as"agricultural land" by the Code of Iowa Section 403.17(3), the City and the agricultural land owner have entered into an agreement in which the agricultural land owner agrees to allow the City to include real property, defined as "agricultural land," in the Urban Renewal Area. A copy of that agreement is attached as Exhibit"C." The original signed agreement is on file at the City Clerk's office. P. PROPERTY WITHIN AN URBAN REVITALIZATION AREA The Urban Renewal Area, as amended, may (now or in the future) also be located within an established Urban Revitalization Area. The Riverdale City Council, at its sole discretion, shall determine which incentives are available through either: (a) this Plan, for urban renewal incentives, if any urban renewal incentives are offered by the City, at the City Council's sole discretion; or (b) tax abatement incentives under the Urban Revitalization Plan; or (c) some combination of the two incentives as determined by the City in its sole discretion. Q. SEVERABILITY In the event one or more provisions contained in this Urban Renewal Plan shall be held for any reason to be invalid, illegal, unauthorized, or unenforceable in any respect, such invalidity, illegality, un-authorization, or unenforceability shall not affect any other provision of this Urban Renewal Plan, and this Urban Renewal Plan shall be construed and implemented as if such provisions had never been contained herein. R. URBAN RENEWAL PLAN AMENDMENTS This Urban Renewal Plan may be amended from time to time for a number of reasons including, but not limited to, adding or deleting land, adding or amending urban renewal projects, or modifying goals or types of renewal activities. The City Council may amend this Plan in accordance with applicable State law. S. EFFECTIVE PERIOD This Urban Renewal Plan will become effective upon its adoption by the City Council and shall remain in effect until terminated by the City Council. With respect to property included within the Urban Renewal Area, which is also included in an ordinance which designates that property as a tax increment area and is designated based on an economic development finding to provide or to assist in the provision of public improvements related to housing and residential development, the use of incremental property tax revenues or ti FINAL 8-2-2017 the"division of revenue," as those words are used in Chapter 403 of the Code of Iowa, is limited to ten (10) years beginning with the second fiscal year following the year in which the City first certifies to the County Auditor the amount of any loans, advances, indebtedness, or bonds which qualify for payment from the incremental property tax revenues attributable to that property within the Urban Renewal Area. With consent of all other affected taxing entities (by written agreement), the use of incremental property tax revenues under the Code of Iowa Section 403.19 can be extended for up to five (5) additional years, if necessary, to adequately fund the rebates. The City may decide to seek such consent. At all times, the use of tax increment financing revenues (including the amount of loans, advances, indebtedness, or bonds which qualify for payment from the division of revenue provided in Section 403.19 of the Code of Iowa) by the City for activities carried out under the Urban Renewal Area shall be limited as deemed appropriate by the City Council and consistent with all applicable provisions of law. 12 FINAL 8-2-2017 EXHIBIT A LEGAL DESCRIPTION OF WELCH FARM DEVELOPMENT URBAN RENEWAL AREA LEGAL DESCRIPTION: A PART OF THE SOUTHWEST QUARTER OF SECTION 23 AND A PART OF THE NORTH ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 26, ALL IN TOWNSHIP 78 NORTH, RANGE 4 EAST OF THE 5TH P.M., SCOTT COUNTY, IOWA, COMMENCING AS A POINT OF REFERENCE AT A BRASS MONUMENT MARKING THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 01'10'12" EAST, ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 392.04 FEET TO AN IRON ROD MARKING THE SOUTHWESTERN MOST CORNER OF PLEASANT HILLS 1ST ADDITION; THENCE SOUTH 59'20'26" EAST,ALONG THE SOUTH LINE OF SAID PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 824.13 FEET TO AN IRON ROD MARKING THE SOUTHWEST CORNER OF LOT 10 IN SAID PLEASANT HILLS 1ST ADDITION AND BEING THE NORTHEAST CORNER OF THE CITY OF RIVERDALE PARCEL PER PLAT OF SURVEY AT DOCUMENT No. 2012-00007082 AND ALSO BEING THE POINT OF BEGINNING OF THE LAND HEREIN INTENDED TO BE DESCRIBED;THENCE SOUTH 30°39'42" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL,A DISTANCE OF 60.24 FEET TO AN IRON ROD; THENCE SOUTH 86'48'08" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 161.53 FEET TO AN IRON ROD;THENCE SOUTH 43°17'02" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL,A DISTANCE OF 115.72 FEET TO AN IRON ROD; THENCE SOUTH 25'56'54" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL,A DISTANCE OF 272.70 FEET TO AN IRON ROD; THENCE SOUTH 25'31'58" WEST,ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 240.48 FEET TO AN IRON ROD;THENCE SOUTH 20°59'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 340.89 FEET TO AN IRON ROD; THENCE SOUTH 07°03'58" WEST, ALONG THE EAST LINE OF SAID CITY OF RIVERDALE PARCEL, A DISTANCE OF 453.71 FEET TO AN IRON ROD ON THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23 AND BEING THE SOUTHERLY CORNER OF SAID CITY OF RIVERDALE PARCEL;THENCE SOUTH 01°10'12" EAST, ALONG THE SAID WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 23, A DISTANCE OF 470.67 FEET TO A BRASS MONUMENT MARKING THE SOUTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF SECTION 23; THENCE SOUTH 53'52'11" EAST, A DISTANCE OF 1148.36 FEET TO A BRASS MONUMENT;THENCE NORTH 61°36'51" EAST, A DISTANCE OF 380.39 FEET;THENCE SOUTH 47°19'12" EAST, A DISTANCE OF 326.37 FEET TO AN IRON ROD ON THE NORTHERLY RIGHT OF WAY OF U.S. HIGHWAY 67;THENCE NORTH 47°14'38" EAST,ALONG THE SAID NORTHERLY RIGHT OF WAY LINE OF U.S. HIGHWAY 67,A DISTANCE OF 1306.91 FEET TO AN IRON ROD MARKING THE SOUTHERN MOST CORNER OF OUTLOT A IN SAID PLEASANT HILLS 1ST ADDITION;THENCE NORTH 54'24'51"WEST,ALONG THE SOUTHERN LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION, A DISTANCE OF 496.20 FEET TO AN IRON ROD IN CONCRETE;THENCE NORTH 47°10'40" EAST,ALONG THE SOUTHWEST LINE OF SAID OUTLOT A IN PLEASANT HILLS 1ST ADDITION A DISTANCE OF 471.34 FEET TO AN IRON ROD IN CONCRETE;THENCE NORTH 50°35'20" WEST,ALONG THE SOUTH LINE OF SAID OUTLOTA IN PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 199.65 FEET;THENCE NORTH 59°20'26"WEST,ALONG THE SAID SOUTH LINE OF PLEASANT HILLS 1ST ADDITION,A DISTANCE OF 1844.82 FEET TO THE POINT OF BEGINNING. 13 FINAL 8-2-2017 EXHIBIT B WELCH FARM DEVELOPMENT URBAN RENEWAL AREA 14 FINAL 8-2-2017 EXHIBIT B WELCH FARM DEVELOPMENT URBAN RENEWAL AREA RIVERDALE, IOWA JULY 2017 5 / � N 2 ♦ �Q Cos, 0Q- O A\� C')• �G 2 �� r DP Z 5:52 `A I T A V WELCH FARM DEVELOPMENT W URBAN RENEWAL AREA Lu 1R ii . VIEW DR O .U 0 O �O t <((7 \ /I':'' '''' '<.- 15 FINAL 8-2-2017 EXHIBIT B WELCH FARMS DEVELOPMENT URBAN RENEWAL AREA-RELATIVE TO THE CITY OF RIVERDALE EXHIBIT B WELCH FARM DEVELOPMENT URBAN RENEWAL AREA RIVERDALE, IOWA JULY 2017 R.—4E ,---4' #1n 1 , gr I ,4 , _. . .,_ .., , f w \ % ...,. _. _. J ,, t - _ - � �/ ,, •,.•. . ...„, .,. ,.,. l A% !Te.0,k. tit7 1 s .� / 7* .7 i WELCH FARM DEVELOPMENT �' URBAN RENEWAL AREA i ' 1 v_g `liri / Y l r i •j fi,,, ,;� // 16 FINAL 8-2-2017 it EXHIBIT C AGRICULTURAL LAND CONSENT AGREEMENT TO INCLUDE AGRICULTURAL LAND IN THE WELCH FARMS DEVELOPMENT URBAN RENEWAL AREA WHEREAS, the City of Riverdale, Iowa, (the "City") has proposed to establish the Welch Farm Development Urban Renewal Plan("Plan") for the Welch Farm Development Urban Renewal Area(the "Urban Renewal Area"), pursuant to Chapter 403 of the Code of Iowa, in order to undertake activities authorized by that Chapter; and WHEREAS, it has been proposed that the boundaries of the Urban Renewal Area will contain certain property owned by the undersigned Agricultural Land Owner; and WHEREAS, Section 403.17(10) of the Code of Iowa provides that no property may be included in an urban renewal area which meets the definition of"agricultural land," in Section 403.17(3) until the owners of such property agree to include such property in such urban renewal area; and WHEREAS, it has been determined that a portion of the property located within the Urban Renewal Area and owned by the Agricultural Land Owner listed below meets the definition of "agricultural land" in Section 403.17(3)of the Code of Iowa; NOW, THEREFORE, it is hereby certified and agreed by the Agricultural Land Owner as follows: 1. The Agricultural Land Owner hereby certifies that he/she is the owner of certain property within the proposed Urban Renewal Area and agrees that the City of Riverdale, Iowa, may include such property within the Urban Renewal Area. A map of the Urban Renewal Area is attached as part of this Exhibit. 2. The Agricultural Land Owner further authorizes the governing body of the City of Riverdale, Iowa, to pass any resolution or ordinance necessary to designate such property as part of the Urban Renewal Area under Chapter 403 of the Code of Iowa, and to proceed with activities authorized under said Chapter. DATED this day of , 2017. Name of Agricultural Land Owner: Janet W. Stawhacker Trust Signature Date: 17 FINAL 8-2-2017 EXHIBIT C AGRICULTURAL LAND CONSENT 1 AGREEMENT TO INCLUDE AGRICULTURAL LAND IN THE WELCH FARMS DEVELOPMENT UR3AN RENEWAL AREA WHEREAS. the City o'Rii•erdale, Iowa, (the "City") has proposed to establish the Welch Farm Dvielop lent Urban Renewal Plan("Plan") for the Welch Farm Devetopment Urban Renewal Area(the. "Urban Renewal Area), pursuant to Chapter 403 of the Code of Iowa. in order to undertake activities authorized by that Chapter;and WHEREAS, i: has been proposed that the boundaries of the Urban Renewal Area will contain certain property owned by the undersigned Azricu►tura► Land Owner, and WHEREAS, Section 403.l'i(1.0) of tine Code of Iowa provides that no property may be included in, an urban renewal area which meets the definition of"agricultural land," in Section 403.170) unto the ;u h property, agree to include such property in such urban renewal area; and ';V HEREAS, it has been determined that a portion of the property located within the Urban Rerewvai Area and owned by the Agriculmrat Land Owner listed below meets the definition of azri ul:ural land' in Section 403 17;I.3) the Code of Iowa: \OW, T EIERE r O RE.it is hereby certified and agreed by the Agricultural Land Owner as follows: The Agricultural Land Owner hereby certifies that ne:she is the owner of certain property its,in tn.: proposed Urban Rere•.4-a Area and agrees that the City of Riverdale, Iowa, may include such property withii the Urban Rene a: Area. A map of the Urban Renewal Area is =ached as part of this ib it. The Agricultural Land Owner Curter authorizes the governing body of the City of Riverdale, 1:'•4a, to pass any resolution or ordinance necessary to designate such property as part of the Urban Renew Area under Chapter 403 of the Code o/'Iowa, and to proceed with activities authorized under s_=:_ Chapter. DATED this day of �y - . 2017. Name of Azriculturat Land Owner: Janet W. Stawhac'.cer trust tt,M N,s l n i= tiro lc)"k &Am:9 1/4": .1th I el {,OG.-1 V+,91a"1ct .Si'ttuAt l 2 i/, ? Witness: ‘1:41-'°4- 4a�ic� ICer4C)1 Wt 1t kms.m u;t) d' (i)t" k (..,21.,1 0-) h Ctt..t.h„. t I i-rLO� Das_: J 7 t6 �i�L 7.t3-2,01-