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HomeMy WebLinkAboutRESOLUTION NO. 2017-23 Page 3 RESOLUTION NO. 2017-23 A RESOLUTION TO APPROVE 2017 URBAN RENEWAL PLAN AMENDMENT FOR THE FAIRFAX URBAN RENEWAL AREA WHEREAS, the City Council of the City of Fairfax, Iowa (the "City") has created the Fairfax Urban Renewal Area (the "Urban Renewal Area") and has approved an urban renewal plan for the Urban Renewal Area; and WHEREAS, Chapter 403 of the Code of Iowa requires that, before a city adds property to an urban renewal area or approves any new urban renewal project, a city must amend the existing urban renewal plan to describe the new property and to include that new project; and WHEREAS, an amendment to the urban renewal plan for the Urban Renewal Area has been prepared which proposes to add to the Urban Renewal Area certain property that was recently annexed into the City and which describes the use of incremental property tax revenues for new urban projects related to certain waterworks, street, ball field upgrades and trail improvements; and WHEREAS, notice of a public hearing by the City Council on the proposed urban renewal plan amendment was heretofore given in compliance with the provisions of Chapter 403 of the Code of Iowa, and the Council has conducted the hearing; and WHEREAS, copies of the urban renewal plan amendment, notice of public hearing and notice of a consultation meeting with respect to the urban renewal plan amendment were sent to Linn County and the College Community School District and the consultation meeting was held; and WHEREAS, the urban renewal plan amendment was reviewed by the Plan and Zoning Commission and found to be consistent with the general plan for the City; NOW, THEREFORE, It Is Resolved by the City Council of the City of Fairfax, Iowa, as follows: Section 1. An economic development area as defined in Chapter 403 of the Code of Iowa is found to exist with respect to the taxable property described in Exhibit A. Section 2. The property identified in Section 1 hereof is hereby declared to be an urban renewal area, in conformance with the requirements of Chapter 403 of the Code of Iowa, and the development of this property is necessary in the interest of the public welfare of the residents of the City. Page 4 Section 3. It is hereby determined by this City Council as follows: A. The 2017 Amendment to the Urban Renewal Plan for the Fairfax Urban Renewal Area conforms to the general plan of the City; B. The proposed projects described in the 2017 Amendment to the Urban Renewal Plan for the Fairfax Urban Renewal Area are necessary and appropriate to facilitate the proper growth and development of the City in accordance with sound planning standards and local community objectives. Section 4. The 2017 Amendment to the Urban Renewal Plan for the Fairfax Urban Renewal Area, attached hereto and made a part hereof, is hereby in all respects approved, and the proposed projects included in such amendment are hereby in all respects approved. Section 5. All resolutions or parts thereof in conflict herewith are hereby repealed, to the extent of such conflict. Passed and approved April 11, 2017. _ 1 urnell G. Frieden, Mayor Attest: r� ULL g Cy hi K. Stimson, City Clerk/Treasurer ®`r P Y OJ r Oi lr .. �5X aa1Y"� rYµB$ Page 5 CITY OF FAIRFAX, IOWA FAIRFAX URBAN RENEWAL AREA 2017 AMENDMENT URBAN RENEWAL PLAN The Urban Renewal Plan for the Fairfax Urban Renewal Area (the "Urban Renewal Area") is hereby amended in accordance with the provisions of Chapter 403 of the Code of Iowa to give information about property that is being added to the Urban Renewal Area and new urban renewal infrastructure projects that are proposed to be undertaken in the Urban Renewal Area. The property to be added to the Urban Renewal Area includes approximately 114 acres of property that was recently annexed into the City, located northwest of the former city limits, as more specifically set out in the legal description attached as Exhibit A. The following is a list of infrastructure projects and an estimate of incremental property tax revenues that could be devoted to each project: -Improvements to the municipal waterworks system, including upgrades to wells and water main extensions - $230,000 -West Cemetery Road design work - $20,000 -Ball field upgrade - $150,000 -Purchase of property for trail extensions - $80,000 The following information is provided in accordance with the requirements of Section 403.17 of the Code of Iowa: Outstanding general obligation debt of the City $7,874,000 Constitutional debt limit of the City: $10,493,145 Proposed debt payable from incremental to be incurred in Urban Renewal Area: $480,000 Page 6 EXHIBIT A LEGAL DESCRIPTION OF PROPERTY ADDED TO URBAN RENEWAL AREA Beginning at the Point of the Southwest corner of the Northwest Quarter of the Northeast Quarter of Section 9,Township 82 North, Range 8 West of the 5th Principal Meridian in the City of Fairfax, Linn County, Iowa; thence north along the west line of said NW%of the NE% Section 9 to the South Quarter Corner of Section 4,T82N, R8 W; thence east along the south line of Section 4 to the west right-of-way line of 80th Street; thence south along said west right-of-way line of 80th Street to the intersection of 80th Street and Highway 151, thence southwesterly along the northwesterly right-of-way line of said intersection of 80th Street and Highway 151 to the south line of the NE%of the NE%of Section 9, which is also the northerly right-of-way line of Highway 151; thence east along said south line of the NE% of the NE% of Section 9 to the southeast corner of said NE %of the NE%of Section 9, and the centerline of 80th Street;thence north along the east line of the NE%of the NE%of Section 9, and the centerline of 80th Street, to the southeast corner of Section 4; thence continuing north along the east line of the SE%of the SE%of Section 4, and the centerline of 80th Street, to the extension of the north property line of Lot 1, Winifred's First Addition to Linn County, Iowa; thence west along the extension of said north property line to the west right-of-way line of 80th Street, and the Northeast corner of said Lot 1; thence west along the north property line of said Lot 1 to the northwest corner of said Lot 1; thence south along the west property line of said Lot 1 to the southwest property corner of said Lot 1; thence southwesterly approximately 215 feet to the northerly corner of Beverly Road and Heartland Heights First Addition in the City of Fairfax, Linn County, Iowa; thence continuing southwesterly across Beverly Road and along the back property lines of Lots 25 and 26 of said Heartland Heights First Addition; thence south along the back property line of Lots 26, 27, and 28 to the northwest corner of Lot 29, all of said Heartland Heights First Addition; thence west along the northerly boundary line of Heartland Heights First Addition to the west line of the SW%of the SE %of Section 4, T82N, RBW; thence north along said west line to the southwest corner of the NW%of the SE%of Section 4,T82N, RBW; thence north along the west line of said NW%of the SE%, 200 feet; thence west 900 feet along an east-west line running north of and parallel to the south line of the NE %of the SW%of Section 4,T82N, RBW; thence south 1,330 feet along a north-south line running west of and parallel to the east line of the NE%of the SW%, and the SE%of the SW1/4, both of said Section 4; thence west 200 feet along an east-west line running north of and parallel to the south line of the SE%of the SW% of said Section 4; thence due south, approximately 210 feet to a point on the south line of the SE of the SW%of said Section 4; thence easterly along said south line of the SE%of the SW%of Section 4 to the midpoint of said south line of the SE%of the SW%of Section 4;thence south to the northeast corner of Beranek's Long View Addition to Linn County, Iowa; thence easterly 320 feet along the south line of the NE %of the NW% of Section 9,T82N, RBW; thence south approximately 320 feet to the midpoint of the south line of the NE % of the SE%of the NW%of Section 9,T82N, RBW; thence easterly along said south line to the southeast corner of said NE of the SE %of the NW%of Section 9, and the east line of SE %of the NW% of Section 9;thence north along said east line of the SE%of the NW%of Section 9 to the southwest corner of the Page 7 Northwest Quarter of the Northeast Quarter of Section 9,Township 82 North, Range 8 West of the 5t" Principal Meridian in the City of Fairfax, Linn County, Iowa, and the Point of Beginning. Said Parcel Contains Approximately 114 acres, subject to easements and restrictions of record. Page 8 STATE OF IOWA COUNTY OF LINN SS: CITY OF FAIRFAX I, the undersigned, do hereby certify that I am the duly appointed, qualified and acting City Clerk of the City of Fairfax, 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 carefully compared the transcript hereto attached with those records and that the attached 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 2017 Amendment to the urban renewal plan for the Fairfax Urban Renewal Area. WITNESS MY HAND this 13`x' day of April, 2017. Cynth a K. Stimson, City Clerk/Treasurer