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HomeMy WebLinkAbout2006-10-03 Transcription ~ P.l ITEM 2 PROCLAMATIONS. a) Fire Prevention Week: October 8-14, 2006 Wilburn: (reads proclamation) Karr: Here to accept the proclamation is Iowa City Firefighter, Eric Nurnberg. (applause) Numberg: Thank you, Mr. Mayor and Council. I would just like to reiterate what the Mayor said, and that is that year after year, unattended cooking is the leading cause of structure fires in the home, both nationally and here in Iowa City, and therefore, the theme ofthis year's Fire Prevention Week is "Watch What You Heat" and prevent fires in the home, and I'd just like to tell you that during Fire Prevention Week coming up the 8th through the 14t\ the Iowa City Fire Department will be working very hard to educate the citizens ofIowa City - that if we (unable to understand) what we eat and never leave cooking unattended, we will realize a dramatic reduction in home fire structures. Again, thank you very much for this proclamation. Wilburn: Thank you. Vanderhoef: Eric? I'd just like to tell you a quick story of what I did as a new bride. I cooked the cookbook! (laughter) O'Donnell: I'm glad that went there! (laughter) Vanderhoef: I laid it on a gas stove and the pilot light hit it, and Betty Crocker got totally singed while I was standing right beside it baking cookies. Nurnberg: That's funny, but it's also very appropriate (laughter). Vanderhoef: I know! Numberg: ... the cause of many structure fires in the home are flammable materials that are too close to the burners of the stove, like cookbooks or paper towels or even pot holders and so thank you for sharing that. (laughter and several talking) This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #3 ITEM 3 Wilburn: Ukah: Kittrell: Magzoub: Page 2 OUTSTANDING STUDENT CITIZENSHIP AWARDS - ROOSEVELT ELEMENTARY This is a...I guess it's fall, at the beginning of the year, when we start announcing the Outstanding Citizenship Awards. This will be a first for us. I'd like to have Jackie Stubbers from our Youth Advisory Commission come up and assist me in presenting the awards to the students from Roosevelt Elementary, and if those students could come forward, please. Well, thanks for coming down and congratulations on your awards. What I'd like to have you do is I'll give you the microphone here. Please state your name and I think each of you have a statement. Let us know what you've been up to. So, we'll start with you. Hi, my name is Chike Ukah and I am a 5th grader at Roosevelt Elementary, and I think I'm a good citizen because I'm responsible, hard working, and I always try to do my best. I try to be a good role model by being the best I can be at all times and not only at school. I volunteer in the community by preparing and serving food for the homeless. I'm also a (unable to understand) at Roosevelt Elementary School. (applause) My name is Morgan Kittrell. I am a 6th grader at Roosevelt School. I have participated in many volunteer groups. One is MOE, Money Offering Effort. The group raises money by making crafts and selling food at church and other places. We use the money to donate to causes, such as Kids With No Shoes. Every year at church, I choose to donate a gift for a child. This gift is given to the Salvation Army for distribution. I have volunteered at the Library to put packets together for newborn babies. I have also shelved books and worked on other projects, such as cutting out pieces of paper for special days. I have also attended a work camp in South Dakota for the last two years. At school, I participate in Safety Patrol and have been on the Peer Assistance Team. I am also a Texpert. Volunteering is very important to me. Thank you. (applause) Hello. My name is Majed Magzoub and I'm a 6th grader at Roosevelt School. How I exhibit citizenship in my school is by helping other kids out with projects they might be having difficulty in. I lend my supplies to classmates who might not have any. I also get to know new students and show them around the school. I try and be helpful to substitute teachers in any way I can. Last year, I willingly helped out a younger student on my bus that was having trouble with being safe. I also have participated in the Peer Assistance Team. Outside of my school, I help kids out with their soccer. I help carry groceries for my neighbors. I help my mom out by distributing food to the neighbors. I also help around the neighborhood when neighbors are moving by carrying their furniture, and at home, I clean my room and help my mom clean the house. (applause) This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #3 Stubbers: Wilburn: Page 3 I'm just Jackie Stubbers from the Youth Advisory Commission. So... First time... we didn't get the choreography down here yet! (laughter) Well, again, I just want to say congratulations to all of you. The community is very proud of you and everything that you've done. We really appreciate it when young people like yourselves give back to the community. It's a role model for us adults, so thank you. I'll read one award and they all say the same thing, except they have your own names on them. So, Citizenship Award for his outstanding qualities ofleadership within Roosevelt Elementary, as well as the community, and for his sense of responsibility and helpfulness to others, we recognize...is it Chike? Ukah? Thank you. And as an outstanding student citizen, your community is proud of you. Presented by the Iowa City City Council. Congratulations, and thank you. (applause) Morgan, congratulations. Majed, congratulations, and thank you. (applause) This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. ___..__..__,_.___.._~~.._~___'__.m..,"_"'___'_ __....._..~~_.__._____._____..~___________.__. - -----.-..-----.-.--~-......--.-,-.---.-..-.-,-.-..,.-,.....----.---.- #4 Page 4 ITEM 4 CONSIDER ADOPTION OF THE CONSENT CALENDAR AS PRESENTED OR AMENDED. Bailey: Move adoption. Wilburn: Moved by Bailey. Champion: Second. Wilburn: Seconded by Champion. Any discussion? Bailey: I just want to point out that in the Consent Calendar we're setting a Public Hearing on the Grand A venue roundabout project, and many people were interested in that project, and that Public Hearing will be October lih. Wilburn: We are also having.. . setting a Public Hearing on October 17th on a Tax Increment Finance, Property Tax Rebate request by National Genecular Institute project in Northgate Corporate Park. Roll call. Item carries 7-0. Before we get to Community Comment, I would entertain a motion to modify tonight's agenda by considering Items 6c and 6d, moving those to after Item 7. For the benefit ofthe public, these three items are all related to the Hieronymus project and just as a matter of, I suppose, ease and clarification for the public should anyone wish to comment, we will start with the request for the tax increment finance proposal and the other two items will flow accordingly. So we will.. . again, I'll entertain a motion for that. O'Donnell: So moved. Elliott: So moved. Wilburn: Been moved by O'Donnell, seconded by Elliott. Ali those in favor say "aye." Opposed same sign. Item carries 7-0. This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. _"__~_____~___",__,,_,,,___,__~_,'_'__~'__'____'______~_,.,__._,____.._"._,.._..~.__.____._._.___ . 'M' ___.__.__~_____________..._______.___.~_____~__ #5 ITEM 5 Wilburn: Woodson: Page 5 COMMUNITY COMMENT (ITEMS NOT ON AGENDA). This is the time to address the Council and the public on items that are not on tonight's agenda. Please state your name, and please limit your comments to five minutes or less. My name is Daryl Woodson of Sanctuary, 405 S. Gilbert Street. First of all, I'm pleased to be here talking about something other than alcohol tonight. It's Iowa City's possibly second favorite topic, which is parking. This weekend, the formal announcement was made that St. Patrick's Church will be moving. The front page ofthis decidedly low-tech presentation I have for you is a copy of the Near Southside Redevelopment Plan from 1995. You will note that there is a proposed parking ramp location right where the St. Pat's parking lot is. With the development that we have now on South Gilbert Street, which is nearing its finish, combination residential and retail development, the proposed Hieronymus building, the obvious redevelopment of the St. Patrick's Church and parsonage site, and some development proposed by the Clarks, or will be proposed by the Clarks, for the old Anderson Bender buildings, we're going to have potentially another thousand residents in that neighborhood in the future, and as you may also well remember, couple weeks ago, the Parking and Transit Director reported that we still have a waiting list in Iowa City for parking permits, even after the development ofthe Southside Transportation Center. Now, the St. Patrick's Church parking lot will be coming on the market. It's very rare in Iowa City, especially in the downtown core, that a one-half block becomes available, especially from one property owner, and that half block is potentially, or basically required, from what I understand, for development of a parking facility. That happens to be situated roughly in the middle ofthe new developments, both on south Gilbert Street and on Clinton Street. From what I understand, the cost of the property from appraisals is going to be coming in somewhere near what it was when the City was in discussions with the Diocese on that property in the mid to late 90's, and I would like the City to seriously look at acquiring this property. Weare going to need the parking. It's a good spot for it. In the short term, it's already a parking lot. I think there's 70-some spaces there. So the City could have an income stream immediately, albeit small, from using as a permit parking facility. The City is also getting parking impact fees from the Clarks on their south Gilbert Street development, from the proposed Hieronymus building, from the other Clark developments still to be proposed on Clinton Street, and obviously from the redevelopment of the St. Patrick's Church spot. So we have a short-term use of a parking lot, possibly Parks and Rec could make some use ofthe Parish Hall. In the long-term, one ofthe photographs in this low-tech presentation, the last one, number 3, is taken from Harrison Street where it intersects, dead ends, into Linn Street at the bottom of that facility. There's a disused This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #5 Page 6 pocket park in the old right-of-way Harrison Street. You can kind of note offto the side, right...Of left side of the bad picture, a two-story apartment building, and if you note off to the right side, the St. Patrick's Parish Hall, the difference between the dark brick at the top and the light concrete at the bottom is about the grade level of the upper portion of the St. Patrick's parking lot, which is roughly the grade level of the alley and Dubuque Street. So you've got quite a bit of grade difference there and the potential for a future parking garage, which would be predominantly underground from (unable to understand) Court Street. I think it's a great location for a facility. I think we are going to need it. A number of people in the neighborhood have already concurred and one of the major developers, Jeff Clark, also says that he thinks this would be an excellent spot for a facility. I don't think that we're going to have an opportunity to acquire a piece of property like this... this, simply, in a long, long time. It takes a large chunk of land to build a parking facility on, and this one is essentially falling into our laps, courtesy of the organic urban renewal we had last April. I would like the City to have the staff at least explore this, see what the potential is. I think it's good planning, and I think it's something that's going to make it possible for all these other developments to succeed, and they're going to go ahead whether or not we have the parking. We're going to have to have some place to put those cars. Thanks a lot. Wilburn: Thank you. Karr: Motion to accept correspondence. Bailey: So moved. Vanderhoef: Second. Wilburn: Moved by Bailey, seconded by Vanderhoefto accept correspondence. All those in favor say "aye." Opposed same sign. Carries 7-0. I feel like you two should have a theme song or something coming up together (laughter). (unable to hear) Siders: Honorable Mayor, Council Members, I'd like to read you this letter, and then it will be followed up by a few brief comments. Weare present this evening to introduce to you a volunteer group that would like to have a public voice in addressing the extremely important issue of affordable housing. Our informal group seeks to strengthen the conversation with the thoughts and expertise of not only the home building industry, but also the views of concerned interests and community voices. We are aware of the dialog the Council has already had and we will continue to listen to those discussions in the months ahead. Weare convinced that as our group continues to gather information and formalize our thoughts, we can This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #5 Kubby: Page 7 provide the Council with a broader and deeper understanding of some of the fundamental issues affecting housing creation in our community. It is our intention to conclude our business in a report to the Council, spring of 2007. Providing affordable housing has become increasingly difficult, not just in Iowa City, but in surrounding communities and across the nation. Assuring an ample supply of housing that is affordable to residents across the economic spectrum presents both opportunities, as well as challenges to home builders, social service groups, and policy makers. Creating and sustaining an adequate supply of affordable housing is not an issue that can be easily legislated. We truly believe it is a community issue. It requires community input, and while there is no one solution, it is our shared belief that one important and very necessary preliminary step is for the builders and providers of housing, along with interested community participants to come together and discuss the issues and identify the challenges. Our gathering of concerned parties will be taking a realistic approach to assessing the current market for housing in Iowa City and where possible, looking for realistic solutions. The goal of our group is to work towards identifying areas of agreement and commonality. There is no doubt that at times we will be faced with issues that we cannot come to a consensus. What we can agree to, however, is presenting varying perspectives ofthose issues for the Council's consideration. Ultimately, we believe our dialog will prove beneficial to not only the policy makers, but to the community as a whole as we discuss the varied and diverse challenges impacting the Iowa City housing market. We thank you for your consideration ofthis important matter. And this letter is signed by a variety of groups. Gleun Siders and the Land Development Council; Mary Ann Dennis from The Housing Fellowship; Andy Johnson from the Housing Trust Fund of Johnson County; Swen Larson from the Greater Iowa City Area Home Builders Association; Cheryl Carroll-Nelson from the Iowa City Area Association of Realtors; Nancy Quellhorst from the Iowa City Chamber of Commerce; Mark Patton from the Iowa Valley Habitat for Humanity; myself, Karen Kubby, from FAIR!; Al Axeen from Hawkeye Area community Action Program- many people know it as HACAP; and Steve Gordon from AM Management. So it's a very, kind of exciting and scary process to come together so that people who don't usually agree on things, and really wanting to struggle with some of these issues for the good of the community. So, we hope to be able to become articulate about our areas of agreement and disagreement, bring those to you in the spring, and hope that it will help the community move forward on affordable housing issues. It seems like a moment in Iowa City, where you have the ecumenical community, local goverrunents, citizen political groups, and people involved in creating housing in Iowa City, aU talking about this, and so we hope to make that movement go further, last longer, and reaUy This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #5 Page 8 result in some fundamental increases in the numbers of affordable units in our community, both rental and various levels of home ownership. Champion: Karen, thank you very much. Elliott: Karen, I had not heard an inkling of this. I've talked with some of the people whose names you just read, and I have not heard an inkling, and the few years that I've been on the Council, I have not been more surprised nor more pleased about anything. You are to be commended! I really look forward to you folks doing some good work! Thank you! Wilburn: Thank you. Entertain a motion to accept correspondence. Vanderhoef: So moved. Correia: So moved. Wilburn: Moved by Vanderhoef, seconded by Correia. All those in favor say "aye." Opposed same sign. Carries 7-0. Johnson: Andy Johnson, Executive Director ofthe Housing Trust Fund of Johnson County and I'm continuing the housing conversation. I've been before you a couple times in the joint city's... talking about the idea of a housing summit (unable to hear) and I wanted to let you know that that summit has now been set for November, Tuesday, November 14th, from 8:30 to 10:30 at the South Slope Cooperative. This is something that is consistent, I think, with a number of the recommendations from the Scattered Site Housing Task Force (unable to hear) regional discussion involving the private sector in these discussions, and so while the group that was just here that I'm a part of will be taking more of an in-depth look. This is the start oflooking at some of the possibilities of regional collaboration. The activity started (unable to hear), and we're excited to have brought, will be bringing in an exciting speaker. Carl Guardino is President and CEO of the Silicon Valley Leadership Group, which is a public policy trade organization that worked on behalf of one of the largest employers in Silicon Valley, addressed the issues of housing and (unable to hear), other issues, quality oflife in that area. So, he brings experience and expertise in bringing folks with a wide variety of ideas and opinions together to address this issue that affects the community. So, I'm just here because 1.. .that is going to be in your packet for next week, but (unable to hear), making sure that you were aware of that. Feel free to hand that on to anyone that might be interested. We are asking for RSVP's. It's free and open to the public, but we will be providing information regarding what is currently available and a menu of what other communities have tried, as sort of a spring point for discussion, and so that information will be made available (unable to hear). This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. ~ P.9 Vanderhoef: When you say invite anyone, out of our region? There is some interest in the Iowa League of Cities in looking at housing in a bigger fashion, and having a speaker available. May I offer the invitation to some ofthose? Johnson: The event is open to the public. There's going to be a keynote by Mr. Guardino, a panel offolks from our area, and then some consideration of (unable to hear). So there will be (unable to hear). Vanderhoef: Thank you. Correia: That was 8:30 to 10:30 A.M.? Johnson: Yes. Wilburn: Entertain a motion to accept correspondence. Champion: So moved. Wilburn: Moved by Champion. Correia: Second. Wilburn: Seconded by Correia. All those in favor say "aye." Opposed same sign. Carries 7-0. Just a reminder to Council about open meetings, notice, etc., if more than three are planning on attending that...so maybe at a work session, just give a heads up on who is going to be going, so that we don't have any problems there. Dilkes: Unless you want to go and not participate at all. Wilburn: Right. Ifmore than, if you see more than three others and you're there, then keep your mouth closed. (laughter) Champion: I don't think any of us can do that! (laughter) Vanderhoef: No! Wilburn: Well, maybe more than three shouldn't go then. (laughter) Would anyone else care to address the Council on an item that's not on tonight's agenda? This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #7 ITEM 7 Wilburn: Ford: Wilburn: Ford: Page 10 APPROVING AND AUTHORIZING EXECUTION OF AN AGREEMENT FOR PRIVATE REDEVELOPMENT BY AND BETWEEN THE CITY OF IOWA CITY AND HIERONYMUS SQUARE ASSOCIATES. a) PUBLIC HEARING Before I open the public hearing, again, this is on the TIF property tax rebates. We've asked, Council's asked for City staffto walk us through the basics of the request. Thank you, Mayor Wilburn. Thank you. I'm Wendy Ford and I'm the Economic Development Coordinator for the City, and I would like to introduce this project briefly to you. The Economic Development Committee began working with Hieronymus Square Associates several months ago, and the Economic Development Committee at its September II th meeting voted unanimously to recommend the agreement that you will have before you be accepted. The agreement is for the developers to construct a 12-story, $40 million building, which will be multi-use, including the first three floors with commercial space; the first floor probably retail space. On floors 4 through 6, there will be best efforts to put in a 40-unit hotel, or in the event that that does not succeed, that space can be used for apartments, and remain at the commercially-taxable rate. Then on floors 7 through 12 we will have upscale condominiums, which would be taxable at the residential rate. The developers have also agreed to achieve Lead certification or qualify for MidAmerican Energy's "Energy Efficiency Program," which.. .last.. .at our last discussion, it looked as though they were going to easily be able to achieve the Lead certification, which actually is the larger feather in the City's cap and would be a nice feature for a building downtown. The developer also agrees to streetscape improvements around the building, and that includes putting in the trees, doing the lights, the furniture, the sidewalk finishes, and all the amenities that you might expect to find in a downtown pedestrian area around this building. They have also agreed to build in a landscaped courtyard, which will also include a drop-off area for pedestrians, so that dropping off people to this building will not occur necessarily, at least, right along the curb, but can occur within a courtyard area, built into the interior exterior, if that's a possible scenario ofthe building, in a courtyard. The building shall be complete by December of201O. Ifit is not, however, the Committee built in the flexibility that would allow the developers to have rebates for 12 years, instead of 13 years of rebates. Now, let me talk a little bit about what the City agrees to in this agreement, as well. When This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. __ ___~,____~_~~_,,____,______'_________""'~"_____"'____'___'~____~'_'____'_'____'_"_'_"'_'______"___"________~.______'m_ #7 Page 11 the project is complete, Iowa City would certify that all agreements, or that all elements of the agreement are met, and that is a rigorous process, that includes making sure that all the taxes have been paid on the property, that every element ofthe agreement set forth in that list that we had on this slide has been met, and that everything is in good order. When, and only ifthat happens, rebates from a portion of the property taxes paid on the increment, or the improvements. I use those words fairly interchangeably, would happen for a maximum of 13 years. Now, when we first started talking about this project, we wanted to look at it in terms of the maximum value to the community, and one of the stipulations that we set forth in that agreement was that the building have a $40 million construction cost to it. That actually is the number that we base what the maximum possible rebate, tax increment financing rebate, would be, and in this case, a $40 million taxable building would be able to receive a $1.25 million rebate. Okay, now, let's talk about actual construction cost, as opposed to taxable value. You can still build a $40 million building, but in the case of the Hieronymus Square project, where much of the project is going to be residential, or maybe up to half the project will be actually residential space, the taxable value on that building is probably going to be something more in the neighborhood of$25 million. $25.4, if we take the exact square footages that Hieronymus has been working with. In that case, if they finish the building as they have stated they would, the rebate would not be $1.25 million. It would be $802,000 per year, and over the course of 13 years, if they have indeed finished the building by December of 2010, could add up to $10.4 million. Okay, so keep that $25 million assessable, or taxable value in your mind because we went and did, went another step further to look at the long-term property tax impact on the community and on the taxing entities in the area, and have some interesting information to share with you. We're going to be looking at a scenario showing three different, or we're going to be looking at a slide that shows tax collection, property tax collection on three different scenarios. Let me outlines those for you here. Okay, the bottom one here with the pink square is the property tax that is collected on the empty lot that has been sitting on that comer of Burlington Street and Clinton Street for so many years. At its current value now, just over $900,000, the property tax bill on that lot alone is $34,000 a year, and all the taxing entities have been receiving the revenue from that lot as it stands. The next line you see on this chart, the blue line here, is a hypothetical line, and you'll notice that it is described as being a typical, successful three floors of apartment over one floor of commercial. You've all seen them in and around, especially around the areas of downtown. Those projects are very successful. They typically are $6 million or so buildings that have a taxable value because of that residential component to them. Usually some are in the neighborhood of $4 million. Well, a building like that, actually, brings in about $150,000 a year in property tax to the taxing entities. That's the kind of project that normally, that has never been This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Page 12 TIF'd, as you might use the word, in the Iowa City area - one that because of its moderate price tag is done fairly frequently in the area. Now, you get a larger project, such as the Hieronymus Square project who's come to the City to say, 'We would like to build something on a grand scale, but can you help us with it because we don't think we could do that otherwise.' If you sit down and put pen to paper, you'll notice that with a taxable value of $25 million, the impact of assisting a project like this (unable to hear) the impact of assisting with a project like this is significant, also from the beginning, and what I'm talking about is the (unable to understand) that zooms up. We start out with the Hieronymus Square project, down along that same level as the Hieronymus empty lot is. Hieronymus Square project line here...begins at the Hieronymus Square lot, collecting as it always has, around $34,000 a year. Construction goes forward, construction is complete, and right at this point, uh, after certifications have been met, the developer has met all of the agreements stipulated for them, and we pay rebates. Net property taxes to all taxing entities in the area is still higher at that point, three years into the proj ect, than one of those typical, successful three-floor apartment and condos over one floor commercial that we have. So we go on, here to here, 13 years when this is paid. Each year, the developer pays all their taxes, which interestingly, start out at about a million dollars each year on that same project there. (unable to understand) rebated that amount, help pay for the (unable to hear) project, and staying in local tax coffers is this number here, which on a large project (unable to hear) still continues to grow. After our obligation of helping to finance this project with TIF, we get to keep what would have been, or what formerly was, in a rebate bank, and that's this amount here. So, all of a sudden, 15 years after the beginning of this project, you're talking about upwards of one and a half.. .or upwards of $1.1 million per year, that's every single year in property taxes, on a project (unable to hear) Hieronymus Square. This is the primary return on investment for doing a project on this scale, and I wanted to make sure that the public understood that no property. . . that all property taxes are paid, that only a portion of property taxes are rebated back to the developer, and to be a little bit more clear and to maybe reiterate, or to maybe spell out what, how TIF's work for some folks, let me just say this. The tax increment financing works such that a piece of property is assessed at a base value, and in this case, this would be that lot, the Hieronymus lot, at the corner of Burlington and Clinton Street, before the project begins. Then the project begins, and the increment or the difference between the value in that lot at its base and that proj ect when it's finished, is the amount from which tax increment finance dollars are taken, the property tax dollars, paid on that increment are put into separate fund. From that fund, only a portion of dollars are taken out to rebate to the developer. The difference between all of the property taxes the developer paid and those which are rebated to them is approximately $6.80 on every $1,000 of valuation, and without trying to go into the This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #7 Wilburn: Ford: Wilburn: Ford: Wilburn: Bailey: Ford: Bailey: Wilburn: Kinum: Page 13 minutia of this, it essentially protects any debt that the City or other taxing entities, in this case the School District and County have for debt retainment. So, debt service is always paid attention to first. Only after debt service is, or I should say, are TIP rebates factored from the amount of property taxes paid on the increment, or the improvements, to that lot. And those are the end of my slides and my introduction of the project. Do you have any questions of me? So the developer takes the risk of, they've got to build the building with their finances, their cash. After it's completed and certified and they've met all those requirements, after. . . they pay their property tax. They get rebated, and we still, according to the brown line, have property taxes coming into the entities above a project that could be built on the spot right now. Exactly. Okay, all right. And I guess the emphasis should be put on no risk. Weare not loaning money up front and repaying ourselves, the City, with those increments. We are waiting until the developer has met their requirements. We're waiting until those property taxes come in, based on the values of those increments, and only then would we be rebating to the developer. Okay. Thanks for walking us through... I have one just clarification. For 7 through 12, will be 78 units, condominium units. Is that what is... 72. It's over 70, right? Okay. Thanks. Thanks for walking us through the mechanics. This is now a public hearing on the tax increment finance request. (pounds gavel) Public hearing is open. Reminder to the public, please state your name. Please limit your comments to five minutes or less. My name is Ronald Kinum, also known as Libris Fidelis, my writing name. I came to protest the development that's proposed, called the Hieronymus Square Development, which is a classic example of investment speculation to the exclusion of respecting the culture and atmosphere of our community, and this is not the only one, and I would like to make an asterisk - I'm not opposed to the parking structure that was mentioned earlier, provided it's handled in a proper way. (unable to This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Page 14 understand) most developments, there is no overt indication publicly whether their corporation is either an Iowa company, or even a company that's based in our own country. Most developments are absentee owners, which is what killed St. Louis. They speculate on future population growth, and not on actual near-term future needs. Iowa City's government has not been operating as an open Democracy, more like (TAPE ENDS) approval for development. City, county, and state governments all across our country have acquired the mentality that they are a for-profit (can't hear) business whose main purpose is to encourage development, primarily to bring in more tax revenue. That mentality does not serve the people. I have seen what happens when mega-developers take over communities, counties, and even whole states. With this egocentrically greedy design for inhuman urban sprawl and disharmonious multi-story developers, what I have seen most of my life in southern California is a witnessing of the rampant development from which the population split farther and farther away. Iowa City now has a dwindling, beautiful, park- like atmosphere over most of the downtown and residential areas, an historic downtown that invites community social interaction that draws students from afar and residents into a year-round holiday atmosphere, but the hideous University modem architecture that sprawls all around us and above us, and the sterile, inhuman architecture ofthe Vitro Hotel seems to be in competition with the Sheraton Hotel and our own new public library, or disharmonious in-your-face architecture. If developers want to participate in our seemingly far too modest natural population growth, then developments or redevelopments also should be modest and in harmony with our community, to include associating with our culture, protecting our history, and emphasizing our community atmosphere. Let those developers bring a better plan than this to our City Council that won't become an eye sore which will be a 12-story monument to cause our fleeing populations from abused community actions who will definitely seek to flee with such changes. Thank you. Wilburn: Thank you for your comment. Hieronymus: Good afternoon, good evening, I am John Hieronymus, part of the Hieronymus family and part ofthe Hieronymus Square Associates. With me is Mike Hodge and Kevin Digmann. Our architects on this project, as you know, are Cal Lewis and Newman Munson. I just have a few brief comments. I think that the explanation that you were given by staff clarifies what we see in the economics of this situation, but Ijust wanted to clarify just briefly where we got to this. That is that the Hieronymus family has been members of the community for somewhere over 50 years, and as my mother started acquiring these properties about 30 to 35 years ago, in the hope of being able to build a project that the city would be proud of. We hope that we've brought that project to you. We have engaged local developers to help us with this project. We simply can't do This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Page 15 it on our own, and we have asked the City to help us with the tax increment financing, because again, we have been unable and unsuccessful in the past to (unable to hear). So, having said that, I would like to thank you for your attention, and I'd like to turn it over to Kevin (unable to hear). Hodge: Mike Hodge, partner (unable to hear) Hieronymus Square project. Staff did a good job of reviewing and explaining our project so I won't go back through it. I did want to say that we are local people and we live here in this community. The... .we raise our families here and we invest our money here and reinvest our money here, and partnered with Hieronymus and partnered with the City, we can make this project a reality. (unable to hear) Digmann: I know Wendy went through a lot ofthis and I applaud her for her effort. I, you know, when we went through this process, my big role here was to talk about the tax implications, and I don't think I could do any better than Wendy did, but I'll give you a little bit more, fill in a little bit more on the building, but here's the location, as we see as a current parking lot. I think, you know, with the tornado damage, that building in the background there is set to come down here within a couple weeks, and the project that we're proposing is the Hieronymus Square project, you know, the total square footage about 280,000 square feet. We went through all of (unable to hear). Actually, you know, we have a lot more aggressive schedule than what Wendy said. I mean, our goal, we want to take the next year, get our plans done, and if all things go well we hope to break ground, you know, a year from this time next year, get the project started and then just (unable to hear) construction period, which means that hopefully by fall of 2009 that the building will be (unable to hear). Overall, we just think this is going to be a great project for us as developers, all local; for the City, I applaud you all and hope for your support. I think it'll be something that, you know, I know some of you won't be on the Council by the time this building is done, and I think it will be a great success for...a good feeling for you guys to be able to look back and say, 'I was on the Council when this happened,' and I think it will be a great thing for downtown Iowa City and I think that's it's something that as a community we'll all be proud of some day. Again, we really appreciate and hope for your support and that Wendy went through a lot of this stuff, and if anyone has any specific questions for anyone of us, we'd be happy to (unable to hear). O'Donnell: Thank you. Wilburn: Thank you. Quellhorst: Good evening. I'm Nancy Quellhorst, President of the Iowa City Area Chamber of Commerce. The Plaza Towers project served as a catalyst for This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #7 Wilburn: Perez: Page 16 downtown development. We now enjoy and appreciate Tate's Grocery Store, New York Deli, Formosa Restaurant...all of those things. Our retailers and service providers are afforded the revenue, not only from the residents who live in that building, but from the patrons who frequent those establishments. Similarly, we believe that Hieronymus Square will attract a mature market, individuals with discretionary income that'll be very, very good for business. The Iowa City Area Chamber of Commerce respectfully requests TIP for the Hieronymus Square project. Thank you. Hi, my name is Kevin Perez. I live at 161 Columbia Drive. I'm here to talk about, I suppose there were some difficult questions besides just high- income money. I want to know what the hurry is with the project. I know that it didn't go to Planning and Zoning until July 22nd. That's not very long ago. I know Wendy began working with the City in August 7th, or something to that effect, and she referred to it as several months of working together. That's two months ago so that's my math, but really what I want to talk about is it's a lot of money to be going back to the people, or especially three different people. So I have questions that I didn't see answered in any of the minutes, and some of the questions I'd like answered are how many jobs will this $60 million TIP create? Do we need more high-income housing in the city? Do we need more low- income housing in the city? I couldn't find anything...I found out through asking questions, like who are the Hieronymus partners. We know that now. If they're asking for the money, and they're asking for money back from the City, what is their (unable to hear). So, if they're asking for, it's like going to a bank, the City giving back the money, we should know what we're dealing with. Also, who will be doing the work? Do companies who will be doing the work, do they have fair pay, social security, provide Medicare, workman's comp, benefits? What is the ethnic diversity of the companies? You know, Hodge Construction is a major partner and how many employees do they have? Are they, are the employees.. . are they employees or are they all independent contractors? Do they pay fair wages? I mean, a lot of these questions were never asked. Again, will the bid process take into account ethnically diverse companies? What is Hodge Construction's record on low-income housing in Iowa City? Moen Towers was TIF'd at $78 million. Why is this one $16 million? There was no mention of anything in the Planning and Zoning until the Economic Development meeting of August 22nd, which is not that long ago, to schedule this and make these really quick decisions. I didn't see anything in the request, except for three, three floors of hotel, and that if it doesn't work out - it doesn't work out. It's not enforceable, the way I read it, so. . . I mean, they have to make it green for the MidArnerican Energy Company requirements, and have three floors commercial. That's not very much for that much money, you know, and This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Wilburn: Kubby: Dilkes: Kubby: Page 17 now that it's been rezoned, I think there's a lot ofthings that could happen to that property. When I was talking to Wendy today, she was saying she saw the numbers and why it couldn't, looked at the numbers and it just wouldn't work financially. Well, I mean, that should be (unable to understand). I mean, has everybody looked at those numbers to see if it's right, I mean, it seems like a lot of square footage, a lot of apartments, and you know how much houses cost in town. It's not free. So, they're building high income....a high-income building, which we probably have a plethora of, outside ofIowa City and in Iowa City. We probably could use some more low-income housing. So, it's not always about the money that's coming in. It's about what do we need for the city. My last one is, according to the Press-Citizen, Elliott, Champion. O'Donnell, and Bailey have made up their minds, but I want to know how you can make up your minds without any public discussion. This is the first meeting, open public meeting, about this. It's very, very fast, and it's very, a huge decision. You know, we changed the zoning today. (unable to understand) long-term plans. They brought it July 21 st and they said they'd worked on it for a year. Brooks' comment was, 'Why didn't we see this before now?' and rush it through without asking any questions or have any, you know, thoughtful questions, besides how much money is it going to bring in. I think you should probably wait and ask some more questions. Thanks. Thanks for your comments. Excuse me, I'm Karen Kubby, and I had a couple of questions and (unable to hear), and I'm not, I'm not asking this question rhetorically. I don't really see where things are in the documents because it seems like it'd be really important, because it's minimum improvement that has to be made, and that's the accountability tool, and I think whenever we're talking about public assistance, whether it's for individuals getting food stamps or whether it's for development, that the accountability is really important, and especially if (unable to hear) public money. So, in the minimum improvements, I'm not seeing the mention of the hotel segwaying into apartments as a requirement of the minimum, or the energy efficiency standards in the minimum requirements, and so maybe they don't have to be in there. So that's my question, but if they should be (unable to hear) as the accountability tool, then...or I guess the question is, where is the accountability tool for those two items? I see clearly the streetscape improvements and the 40-unit hotel, but I don't see the what-if if those efforts don't pan out, or the energy... There is a revised Exhibit D. Do you have the revised Exhibit D? Okay. (unable to hear) This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. __~_.__".",,~______~_____ _._________~,__~_.____M .._.._.,__.__,.,______...___"..____._'''_''_~ -- #7 Dilkes: Kubby: Bailey: Kubby: Bailey: Kubby: Franklin: Dilkes: Kubby: Dilkes: Kubby: Page 18 The Lead efficiency, the energy efficiency is...we tightened up the language on the, the best efforts for the hotel and the requirement that it would be apartments if it wasn't a hotel. It had to be built out for a hotel. It would be apartments if it wasn't a hotel and those would be taxed apartments, not condominiums, taxed at the commercial rate. Was there a negotiation about the energy efficiency standards not being part of the minimum... Well, it's also listed in Section 3.1, let's see, it's 3.2, Energy Efficiency develop.. . . . .if it' s an agreement, but I don't see. .. Well, that section is called "Minimum Qualifications" so... (unable to hear) We need the re-certification, or the MidAmerican certification is included in the body of the agreement. When you look at compliance with this, we will not just go to Exhibit D. Minimum improvements relate to those things that are going to be constructed, as opposed to any kind of operation or other kind of compliance, like the re-certification, which is not a tangible construction. We will have to get documentation from them that they got that certification. So it's in the agreement - as we look at compliance, we will look at the entire agreement and it is in the section... that that will be necessary, in order for this all to go forward. Well, and if you also look at Article 8, which talks about when the obligation of the City to make the grant kicks in. There's a, I think there's a number of references there to compliance with the agreement, the terms of the agreement. It just doesn't make sense to me, because the numbers (unable to hear) incorporated, and I guess if you could tell me (unable to hear). I'm comfortable with it. Urn, I think that the presentation that Wendy made is one of the best that we've seen coming from the City that explains TlF's, and I think it's a really important feat to see the beginning of the brown line (laughter), push the button to go back up there, but to show that those other taxing bodies will get more during the TIF agreement period, and I think that that's a point that doesn't get illustrated very well, or articulated very well, and I think it's an important role for the City to do political education This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. -~._~---,--,,-_.~~---,------_._~_.,,_._---_._,._--_.._,~.__.._---_._~----_._._------_._.__..- #7 Champion: Kubby: Page 19 about this stuff. So I appreciate Wendy's efforts and implementation of that. We asked her to do that tonight, Karen. She did it last night for us and we thought it was in the public's... We all need that out here. ..to do that. Um, I'm...I want to applaud the Committee because I've not seen in the past 16 years or so, us negotiating and dancing well with developers around these issues, to push them to do something above and beyond what their original vision was, to say we need something back for the community, and I think the hotel piece is pretty savvy because it's just kind of a double-duty income stream, and so I hope that that works out. I have to say, I still feel disappointed about the housing piece, that's there going to be housing, a lot of housing units, whether it's condos and taxed at commercial, or apartments taxed at residential, that there isn't any housing piece in here, not even universal design for some of the units, so that people who, as they age, can stay in their home and have those accommodations when they do have . disabilities, or figuring out some creative relationship with the Housing Fellowship or the Land Trust, to figure out one or two units out of 70- some that could be, have a lower-income family living in downtown Iowa City and having that advantage, as well, and so I guess I want to just keep pushing on those issues. This is a time when we're talking about affordable housing. It's a perfect opportunity to incorporate it and have some housing within a gorgeous building, and I guess lastly I want to encourage the City to look at TIT's accumulatively, and to ask Council Members to ask those questions, with the TIF's, what is the total amount the next three years with other TIF's that have been approved that (unable to hear), and when we look at the Comprehensive Plan on our "to do" list, what do we need money for? Even those this might be a good project, can we afford to do this? What about in five years and seven years? What's the accumulated money that we're forgoing? And we don't always have that information. I know as a member of FAIR!, we were asking them questions and the City didn't have it and the County didn't have it and North Liberty didn't have it.. . nobody had the accumulated amount and so Collin Gordon from FAIR! put that information together, and so I hope that's something that will be part ofthis base line question - it doesn't mean that you don't go forward, but you go forward with open eyes so that you know we're going to do this project because we're getting enough community (can't hear) out of it, but we're not going to be able to do this other public project for three more years because of this decision, and I think it helps the City look at it more comprehensively, more long-term, and balancing these large projects. I think particularly on this lot it needs to happen. It would be a waste in some ways to do something small, but to balance that with other community (unable to hear), making sure that we know what we're forgoing by saying yes to this. What might be This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. _" ___.._____.__~___.______.___,____,_._,________"'__.__'_._,_,_.___.,~.~__.,__~_._ .....____.___._~_,______"_._.,___________.,_'w_...__.___.. #7 Dilkes: Kubby: Wilburn: Elliott: Ford: Wilburn: Ford: Dilkes: Ford: Page 20 (unable to hear). So, I'm glad there's some accountability. I have to state that this might be a place where Dee and I agree, that I would prefer the TIF to be only on the commercial piece of it and not the residential piece. That was something that you said, right, Dee? So I'm going to (unable to hear). So I'd like that to be (unable to hear), but I'm not sure what happens if these standards are partially met, but not fully met. Is it a percentage? How does that work? Like, ifthe hotel goes through, and the streetscape amenities happen, but Lead certification doesn't happen, or the MidAmerican Energy standards don't happen. What percent doesn't, rebate doesn't happen? I don't think it's a percent. It's.. . they have to comply with all the terms of the agreement, and remember, remember, they pay the taxes. We got the money. That's a big (laughter and several talking) we have to give it back! So... Okay, thank you for (unable to hear). Thanks for your comment. I just wanted to say, Karen and I have disagreed in the past on many things, but I, I have never questioned her thoughtfulness and initially, I had asked the Council for some (unable to understand). That was an ill- thought of where Karen put in a guest opinion, asking for a guidelines for this process and I like that, so Karen, I appreciate that guest opinion and I would like to see some guidelines, which you have called for. One clarification regarding universal design. Actually, the building will be fully compliant with universal design standards, because by State and Federal law, universal design is required in all commercial buildings and in all buildings with elevators. So, it's going to be there. Locally, our policy goes a step further and it also applies to any project with public subsidies, i.e., something like this. So the, we would be covered with universal design in the residential areas, as well. So, universal design is covered. Thanks for the supplemental information. ... universal design in the application. I don't know. I mean, I haven't looked at those. So, those are building code requirements? Yeah. Yep, and secondly, with regards to the question on our cumulative obligation to TIP rebates at this point, the Council will be getting in their next packet a summary sheet that will detail all of the projects, where we This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Wilburn: Cook: Page 21 stand with them, and that will give that information, as well as a plethora of other information, as well. And then finally with regards to LEED certification, you either get LEED certification or you don't. LEED certification is the lowest achievable certification in leadership in energy assistance design that you can get. After that, you can be re-certified, you can get silver, gold, and platinum or some other grander levels, as well, but LEED certification, the minimum level, is the one that Hieronymus Square project is aiming for at this point. Thanks for that information. Public hearing is still open so if someone would like to address the Council. . . Hi. My name is Casey Cook. I think regardless of what side you're on on this issue, I think people share a concern that we handle our resources with stewardship and our public policy wisely. I'm going to argue that that's the case with this TIF, and I want to introduce myself a little bit, so I can provide a little context. Urn, 1.. .my education is in economics, and I have a Masters Degree in Urban and Regional Planning, and I've for the last 25 years, I've been appraising commercial real estate. Most of that has been here in Iowa City, and I just, I checked a few numbers. My office has appraised 347,000 commercial projects over the last 10 years; approximately 70% of those are in Johnson County and about half of those (unable to hear) feasibility. I have appraised the Hieronymus parcel twice, and I appraised the parcel at 64-IA twice and did some financial feasibility analysis and...merely on Parcel 64-IA and to a lesser extent an earlier project on the Hieronymus parcel. So I'm fairly familiar with both sites and their feasibility, and I have to say that I love the outcome on Parcel 64-IA where TIF was used, I think, very effectively, and I'm sure the Council's aware that some of the advantages that they had, that this project does not. The Moen Group paid $6 a square foot for that land, and the developers of Hieronymus paid ten times that amount for the land. There's the impact on financial feasibility. Now, the second issue was I believe that the Moen Group got bonds up front for the TIF project and they were able to leverage those bonds with financial institutions to provide financing for that project. That's not the case in this project. My.. .my opinion is that without the, with the plan that the developers have negotiated with the City, that there's no way that it would work without TIF financing, and frankly, I'm not sure that it will work with TIF financing. In either case, the City takes no risk and has nothing to lose. The property has been sitting there, virtually dead in the water since before I arrived in Iowa City in 1985. We now have an idea that could make a go of it and it accomplishes two key goals. I failed to mention that I was on the Planning and Zoning Commission for almost six years, and one ofthe goals that we had, and continue to have, is to provide good quality housing in the downtown area, and not necessarily student housing. Residential, a strong residential component in the downtown in This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Page 22 critical to its vitality. A second goal that this achieves, it extends the benefits of the urban renewal, across Burlington Street. Unlike other residential units in the CB-lO, this project will also pay $6,200 per space in parking impact, depending on what the parking needs are. And the City's also getting a LEED building, and I was, when I heard that, I attended a seminar where the architect who developed the LEED policies talked about it and a fellow from Central College where they built a LEED building, and my first reaction was the only reason the developers agreed to this is they couldn't possibly have done their homework to know how onerous LEED standards are, but I'm sure they know more about that than I do. The other concern that I have is that the City, and this is a positive I guess, is the City gets two to three floors of commercial space, and I realize that there's no roll-back associated with commercial space and that seems like a pretty significant advantage, but frankly, I think it's a bad tradeoff. Number one, I expect high-end condos to generate twice the value of the commercial space. So I think that the tax benefits you'll receive from the high-end condos will be approximately the equivalent of the commercial space, with the exception that I think they will absorb somewhat faster. The second is, I think that that commercial space could potentially dilute the value of the existing retail around the downtown. I was very relieved in thinking that we're getting on the verge of bringing that back into balance when the University converted 65-plus percent of the Old Capitol Mall from retail to offices. Given the risk and the size of this proj ect, the potential for extended absorption time, no prudent bank would loan on this project without TIP, thus without TIP, there is no project. On a personal note, I bought a building at 1580 Mall Drive with some friends of mine about eight years ago and put $80,000 into it. At that time, Sycamore Mall was seeing its vacancy increase and in fact was languishing. Eight years later, I eat lunch at the sushi restaurant over there. I see movies there with my wife instead of going out to the Coral Ridge Mall. It saves me 20 minutes of driving. I meet clients at Panera and I bought this tie (laughter) at that mall. The value has probably tripled to quadrupled. The City used TIP to transform this project, which enriches the lives of everyone, and I want to thank you for that. I hope you'll approve this project, as well. I think this is an insightful and wise use of TIP to create this project to enrich our community at no risk to the taxpayers. Thank you. Wilburn: Thank you. Dilkes: I just want to clarify since there's been discussion about the Lead certification. You need to look at the section 3.2 as to what the developer's agreeing to. Agrees to seek an energy efficiency certification, such as Lead or utility company certification. This represents only a reasonably accurate trauscription of the Iowa City City Council meeting of October 3, 2006. m p~n Thompson: I'm David Thompson and I'd like to talk about (unable to hear) tax payer here in Iowa City (unable to hear) just want you to be aware of concerns on my part (unable to hear) every large project that comes along seems to require TIF, and everyone sees this as a large proj ect, it's a great thing. Personally, I don't (unable to hear), but it seems that this project is designed with TIF in mind, instead of designing (unable to hear). It seems that TIF is something that's expected (unable to hear) 13 years is a long time (unable to hear) why 13 years? Ifthe project isn't economically viable without the TIF (unable to hear) other commercial buildings and ventures in Iowa City (unable to hear). (unable to hear) property taxes (unable to hear) Thank you. Wilburn: Thank you. I'm sorry, is there anyone else who wishes, who has not had an opportunity to speak that would like to speak to the public hearing? Go ahead, Karen. Thank you. Kubby: So, 3.2 says developer agrees to seek certification, whether it's utility company or Lead or some other kind, but it doesn't mean they have to get it, it means they seek it, right? That's not as strong as I was thinking, and so when we're talking about this, I guess I would prefer the language be a little stronger than "seeks" in order for it to be part ofthe community advantage that we get in exchange for the TIF. Wilburn: Okay. (pounds gavel) Public hearing is closed. b) CONSIDER A RESOLUTION Bailey: Move the resolution. Wilburn: Moved by Bailey. O'Donnell: Second. Wilburn: Seconded by O'Donnell. Karr: Motion to accept correspondence. Champion: So moved. O'Donnell: Second. Wilburn: Moved by Champion, seconded by O'Donnell to accept correspondence. All those in favor say "aye." Opposed same sign. Carries 7-0. Discussion? This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. ~ ~M Champion: Well, I love this project. I think it's important to the future of Iowa City, and 13 years is a really short time in a city's history and in 50 years, we will have made the right choice, I'm sure, so I'm fully going to support it, but I did think we did have.. . maybe one of you could respond to that. I thought you were going to seek an energy approval, either from LEED or from MidAmerica. I thought you were definitely going to do one of those, and that language kind of bothers me ifit's... Dilkes: No, that's what it says, that they agree to seek an energy efficiency certification, such as Lead and utility companies, but it doesn't guarantee that they'll get it. I wasn't involved in negotiating the agreement, so if somebody wants to address that. (female): (unable to hear) Franklin: There wasn't that much discussion of that word. I think the understanding was "obtain." Champion: Yes, yes, yes. And so I do want that changed, if that's okay. Franklin: Okay, I would suggest that you make a motion to change that word from "seek" to "obtain" and the developers are agreeing to that. Champion: I make the motion to change the word to "obtain." Vanderhoef: Second. Champion: Whatever! Wilburn: Moved by Champion, seconded by Vanderhoefto amend by inserting "obtain".. . Champion: Is that okay? Wilburn: . . . on certification. Bailey: So, then it would read: developer agrees to obtain an energy efficiency certification, such as Lead or utility, and you don't have an.. . either or is still fine. Champion: Either or is still fine. Bailey: Okay, I think that was more to our... Champion: That's what we intended. This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #7 Page 25 Wilburn: All those in favor of the amendments signify by saying "aye." Those opposed same sign. Carries 7-0. Further discussion on the resolution as amended? O'Donnell: I also support this project. I think it's been a long time coming for that area. When I first got on the Council, which seems about the turn of the century (laughter), we were talking about developing that parcel of ground. We have an opportunity now with the Hieronymus family that's been in town for 50 years, so they're a local family. A local builder, local employees, they spend money in the community and live in the community. This is a good match and I'm going to be very happy to support it. Wilburn: Other comments? Vanderhoef: I would just like to acknowledge that yes, I did ask for the possibility of not TIFing the high-end condominium section of the building. I had not seen the figures at that point of the feasibility of doing the building. In best case scenario, that's still what I would choose to have. The other thing that led me to look for an opportunity in all the TIF's that Iowa City has done up to this point, there aren't very many actually, the City has not reclaimed any of the TIF projects to do infrastructure for our City. In this case, the building is happening in a older section of town where there are upgrades needed in infrastructure, water/sewer, probably electrical work in that area also, and we are in the process also of creating a change in downtown in the Burlington Street corridor, which is a busy street, and we are trying to jump that street to extend our downtown to the south, which I highly approve of. I'm, I have thought this was a positive thing to do for a number of years and I too have been here a long time, Mike, so I had the opportunity to talk with Freida a number of times when she was still trying to get her projects going on this lot. Having said all of this, and the strongest language I could say to the developer, I am interested number one in the mature living areas ofthis building. Certainly something to increase the livability downtown. What, what I see that's most exciting to me is the hotel. Frankly, I was disappointed with the Moen project that it did not have enough hotel rooms to support the amount of convention space that was being built in the Moen project, combined with the Sheraton project. I think this city could well use the input of more folks coming in for slightly larger conferences that what we can presently accommodate, and these people bring in outside dollars to our community and frequently they come as couples and this is another way to support our growing arts, crafts, and specialty shops of downtown. We need those kinds ofthings to happen. So, in looking at this project, my wildest wish would be to get another 100 regular-rate hotel rooms in the project. The developers know this. They are interested in a hotel. Certainly the market will decide whether this is going to happen or not, but I will support the This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #7 Bailey: Wilburn: Elliott: Page 26 project because I think there's too many positive things that are going to come out of the project that wouldn't happen south of Burlington without it. So, thank you. As was indicated, the Economic Development Committee voted on this unanimously, but we did so after a fair amount of negotiations with the developers, and I think everybody should be aware of that, that it was a give and take. We were very much interested in adding the additional commercial, which was how we developed the idea ofthe hotel, which was something we saw as bringing additional dollars through a hotel/motel tax. I would also have to disagree with the regular rate, because we have to keep in mind that rates drive hotel/motel tax, not just room nights. So, we don't want to drive our rates down in Iowa City because that would affect that revenue stream. Speaking for myself personally, and not for the Committee necessarily, I'm interested in this project for a couple of different reasons. First and foremost, I think it's infield development in a great way. We get 70-plus residential units, and if we would imagine building high-end residential units, not up but out, imagine how much space that would take. We bring these residence to our infrastructure, rather than building infrastructure out to provide these residential units, and we bring additional people to our downtown. Many people have expressed concerns about the mix of businesses downtown and, although I don't have near that concern, I think the opportunity to bring additional people downtown to go to Tate's and go to our restaurants, as well as our shops, as well as our bars, I think is a great thing. I was also very interested in it because it taps into the vision that Dee talked about, about jumping Burlington Street, which I think is an important vision for all of us to continue to build on, because our downtown is a great place. So, I will be enthusiastically supporting this project. The only risk that I see is the emotional risk. It's an exciting project and we really want to see it happen. So, there is that chance that it might not. So that's a little bit of a risk, but the financial risk to the City with the rebate is structured well. So, thank you for bringing this project to us, and I look forward to seeing what happens there. Anyone else? I also will be supporting. Early on, as a child ofthe depression, obviously I'm very conservative when it comes to fiscal matters, and early on, I was dragging my feet because ofthe length of the TIF, the size of the TIF. I took a lot of time to talk to a number of people and look at the financial figures from various sources, and it came to me, it wasn't an epiphany, but it slowly dawned on me that this is virtually a win-win situation financially. I was concerned about the commercial aspects ofthe floors, whether it be hotel or not, but I believe that the condos are high-end enough, and Casey, I appreciate your comments on that. I appreciate This represents only a reasonahly accurate transcription of the Iowa City City Council meeting of October 3, 2006. - --,.__...__.__.__._._----~_.._------_._--~_...__._'_. --_._._--~._-_.._----,._--~--_.._--_._------------" #7 Correia: Wilburn: Page 27 everything except your tie. I think you got took on that. (laughter) I think with that, I have come to the realization that to me this is win-win for the City for any number of reasons, planning and financial reasons, and I'm enthusiastic in supporting this. Well, I'll admit that I've been on the fence on this issue, and I've appreciated all the correspondence that Council, that the Council has reviewed (unable to hear). I spent a lot oftime considering what the ramifications would be for (unable to hear), and I do, through all of that consideration, I will support this project through TIP for a variety of reasons that were already mentioned. One, that there is no risk and (unable to hear). I thought that the staff (unable to hear) weighing out what the potential (unable to hear) tax revenue almost immediately, and then the ultimate (unable to hear) and do what the market has done, and I think that we have heard from a lot of people in different settings on what, what a vision is for downtown and what will the Council be supportive of for downtown that includes diversity of (unable to hear) (TAPE ENDS) (unable to hear) I do wish that, the one thing that I do wish that (unable to hear) was affordable housing in this development. (unable to hear) Mike and Kevin, and so while there's no mandatory in here, what we had talked about was voluntary, and so I hope that (unable to hear) In addition, I think that (unable to hear) The only other pieces that I will add is the commitment that the Council has made to growing the tax base to help us generate revenue to pay for some of the services that we all enjoy. The use of the tax increment financing tool has been stated before. I believe the City of Iowa City has tried to be deliberative about how and when we use it. In some cases, it's been used to examine things like the types of, the income levels that we have been getting from some of the jobs that are brought to the community, and that careful look at it has resulted, I believe,as oflast year for every dollar TIF it was almost $5 in retum on investment, and I guess that gets to another point, another way to look at it is how do we grow that tax base and can we get a return on our investment, and what's shown by the graphic, the visual that was provided by staff, is the fact that not only is there an initial increase retum in the investment, but a dramatic larger increase when the rebates will end, and I think that's real key for this particular project. So, I want to thank, thank the developers for coming forward with requesting this. Again, a project could happen there, but what they're saying is, with the assistance, with the tax increment finance, due to rebate, we will take a greater risk, a greater personal risk, so that there'll be a project that will generate many more dollars for the community. So, that's why I will be supporting it. Roll call. Item carries 7-0. We still have the final rezoning and the matter of the alley related to this project, but we're going to take a la-minute break. We'll come back at quarter til. (TAPE OFF) This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. ~ p.~ ITEM 9 CONSIDER AN ORDINANCE AMENDING TITLE 5, ENTITLED "BUSINESS AND LICENSE REGULATIONS," CHAPTER 2, ENTITLED "VEHICLES FOR HIRE" BY REPEALING SAID CHAPTER IN ITS ENTIRETY AND REPLACING IT WITH A NEW CHAPTER 2, ENTITLED "TAXICABS." (FIRST CONSIDERATION) Bailey: Move first consideration. Correia: Second. Wilburn: Moved by Bailey, seconded by Correia. Discussion? Roll call. O'Donnell: There was enough last night. Wilburn: Item carries 7-0. Karr: Can I have a motion to accept correspondence? Vanderhoef: So moved. Wilburn: Moved by Vanderhoef. Bailey: Second. Wilburn: Seconded by Bailey to accept correspondence. All those in favor say "aye." Opposed same sign. Item carries 7-0. (female): (unable to hear) Wilburn: Not yet, it's first consideration. Karr: . . . but then it does have a clause in it to be effective March I of 07. Wilburn: Eleanor's running to make sure we don't do anything wrong. (laughter) This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. .._..._______._....._._____.___._m_____....._..__.____________.__,__~__.____,,__.___,_________~___.,,_.___.._.--------.---.---.--.------~...-..--.-.,---'-----------" #12 Page 29 ITEM 12 COUNCIL APPOINTMENTS. Wilburn: I have a conflict of interest, has to do with Council appointments related to human service aide to agencies, so I will not be participating in this item. Bailey: Last night we agreed that Connie and myself, and then Abbie Volland, our Student Liaison alternate will be serving with the Aide to Agency appointments, to attend the hearings and make the recommendations to Council, and we need to vote on this, correct? Karr: A motion, uh-huh. Vanderhoef: I move the motion to appoint these people for this coming year. Elliott: Second. Karr: Moved by Vanderhoef, seconded by Elliott? Bailey: Is this a roll call vote? Karr: Nope. Bailey: Okay, all those in favor say "aye." Opposed same sign. Carries 6-0, with Wilburn abstaining due to a conflict of interest. This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #14 Page 30 ITEM 14 CITY COUNCIL INFORMATION. Wilburn: Amy? Correia: I have two things. One is that I participated last week on a judging panel for the University of Iowa Homecoming Court, and it was very interesting, and I was thinking it was going to be (unable to hear) this was much more extensive. The Homecoming Court was judged on leadership, (can't hear), and academics. (unable to hear) and interviewed 7 finalists (unable to hear) armounced on Friday after the parade. (unable to hear) with the quality of the students at the University and (unable to hear) after they leave here at Iowa. (unable to hear) After the time commitment, I grumbled over that and it was (unable to hear), and the second, I just had a question about the Coronet Apartments. We had some (unable to hear) wondering what the status was (unable to hear). Atkins: It's kind of unfolding, but apparently the owner of the property is notifying folks they're not going to renew their leases. It does not affect those that have vouchers. We contacted them again today. I want to get a copy of the letter that was sent to folks. Once I have that I'll share that with you, and then let me write something in a little more detail to give you.. . apparently, they may be plarming to rehab it, but they could (unable to hear). Correia: (unable to hear) affordable housing that many people (unable to hear) Atkins: Once I get more I'll get that to you. Okay. Champion: I want us to think about reversing some of our rigidity on motor scooters. I was approached by one of the business people downtown today and I think he's actually right that why shouldn't they be able to park by the bike rack. They don't park in the, where people are walking, and I think at the price of gas, we're going to have, if it goes up or even stays where it's at, we're going to have more and more scooters. They're kind of becoming popular. I think we should encourage people to use scooters instead of cars, and there's still several parked around the bike racks and I walked around and they're not really interfering with anybody, and yet we're ticketing them. I think we should reconsider that and let them park by the bike racks, to encourage the students to drive those things instead of cars. Bailey: They don't take up bike space, they're beside it, right? Champion: Yeah. I really think it's, I hate to say that I was wrong, because I was kind of against them not parking there, but I don't, when I think about it and look at it and hear a different perspective, I think it's going to become This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. __.__..__._~~.______"_____.__..._~____.,_._"___,___...__.____'.__~M_...._._.__~____.___,..~_ #14 Page 31 even more and more of a problem if these motor scooters become more popular, and they should not be allowed to drive on the sidewalks, but although today (laughter). ... people drive by on bikes on the sidewalk, so... Atkins: You do know that because of the bike rack they do have to get up on the sidewalk. Champion: Well, they can push it up. Atkins: Okay. (laughter) Bailey: Well, so, what do other. . . Wilburn: I'm sorry, did you want to put this on a work session, is that what you're requesting? Elliott: I'm in favor of it. O'Donnell: Not a bad idea. Wilburn: Okay. Bailey: Could we do some investigation about what others do, before we. . . what other cities do? Champion: Right. Well, Paris has them parking all over. (laughter) Bailey: I was told by somebody last night that we're not a big city like Paris. (laughter) Wilburn: Did you have anything else tonight, Connie? Champion: What? Wilburn: Did you have anything else tonight? Champion: No, that was it. Wilburn: Okay. Mike? O'Donnell: I want to thank Wendy Ford. I think she did a great job. Her presentation made our jobs a lot easier. I welcome her to the staff. She did a fine job tonight. Atkins: I'll see that's passed along then! This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006. #14 Page 32 Wilburn: Dee? Vanderhoef: A couple of things; number one, in response to the discussion last night about the seminars at National League of Cities conference, I looked at my schedule and if! go in a day early, I can attend one of those two sessions. The second one I have a conflict with my own meeting, and I checked with Steve to be sure there wasn't a staff person going out to do that, and I'm happy to do that for Council. So, I'll do one half-day out there. The second one, I want to give a big congratulations to Coralville and their new hotel and their ability to put on a conference. We had nearly 1,200 registrants at the Iowa League of Cities meeting this past week. It was a record-size conference. We had in the neighborhood of 525 elected officials and then the others were staff people and vendors who support our conference through their booths and the trade show. So, I recognize this was Coralville's first shake-down, first conference ever. I have to commend them. I did not hear any glitches or any complaints about rooms, service, anything about the conference, which I thought was a real attribute and worth mentioning, and certainly to the hotel manager, Jeff, who was on the ball all the time, and if they had glitches, they hid them well behind and had Plan B in place. So my hat's off to Coralville. Bailey: I'd like to congratulate Dee as the new President of the Iowa League of Cities. It's great to have you there, and thanks for your hard work. I know that it will take a lot of time, but it's good to have that visibility of the City and your work there. I've gotten a lot of questions about downtown cleanup, especially cigarette butts, and so can you just outline what we're doing to address those problems - gutter and sidewalk and tree branches. Atkins: I'm not sure where to begin. What we do, now it... this is going to sound like an excuse and for that I apologize, but you know, one of the things we have to do we have to virtually change the culture of people. You know, you see people walk down the streets and it's flipped in the air and it's like, 'Well, and somebody will clean up after me.' Most of them find their way around businesses, and Dale has had some communications with the DTA and he can explain that to you. We do, what I would call, a coarse sweeping about three or four days a week. It's seasonal. One of the biggest times ofthe year you get complaints is in that March and April and snow banks melt and cigarette butts are left behind. We do a power washing twice a year, and that will help, but quite frankly, it's, it's not one of the more pleasant tasks. I mean, for example, we find, our employees don rubber gloves and pick them out, pick the cigarette butts out of the planters where people will put them. It's just an uncomfortable circumstance, and I think we do the best we can with the resources we have available to us. But it's not pleasant. This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #14 Page 33 Champion: It's a terrible problem downtown and I don't know...the ashtrays. I thought that would really help solve the problem. Atkins: The ashtrays are full, we empty those. Champion: I know it, and they do help because it's that many less you have to pick up offthe ground. But there is a, it's kind of the culture in downtown Iowa City. It's not cleanliness, I mean, it's not the City's fault. People just tend to throw things on the ground, and it's not true of other cities, and maybe it's because we have so many temporary people here? Atkins: Well, that Sunday morning 2:00 A.M. crew that we put on after a football weekend, you can imagine what they do. I mean (laughter) smokers just showup... Champion: Oh, can I say just one more thing? Were you done? Bailey: I wasn't done, but as far as I'm concerned, you can say one more thing. Champion: Well, when I was in Chicago last weekend, I noticed that it's impossible to cross their main streets without going to a comer, and it's because the median, like we were talking about on Burlington, is very high, and not only is it high, it's got gorgeous plants in the middle, and you could not possibly climb over it, and I was thinking when we were having a discussion about Burlington, how to keep people from.. .you cannot cross a street in the middle. You have to go to the comer. I tried. (laughter) No! Atkins: We did respond to the Downtown Association recently in asking the businesses if you could sweep up in front. Excuse me. Helling: Well, yeah, we asked really two things. Number one ifthey would encourage their membership and the adjacent businesses that aren't members too, to just sweep the sidewalk in front of the store. The other thing that we suggested that was perhaps they could put cigarette receptacles by their entrance, so.. . and that would really serve two purposes for those places that allow smoking, it would tend to have people put them out some place rather than put them out the front door, which has been seen done, and the other thing, of course, is if you don't allow smoking, it gives the person coming in to your establishment a place to put their cigarette out before they come in. So those are two things that we could think ofthat might help. The ultimate thing is writing littering tickets for people who put the cigarette butt out, and as Steve said, that's kind of changing the culture. That's something that's been done for years and years. This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. _._____._._____~___.__m_______________~_._______._U_" _ _. _.._.__________..._._...__.__.,.___...,......_.._______ #14 Page 34 O'Donnell: We need to add gum to that also. I've...I just.. .how do we get that off? Atkins: You don't. It's just virtually permanently stained, Mike. I mean, we can get the raised portion, but the stain in the sidewalk simply won't come out. It'll just have to wear out. Bailey: I have one more question. We had correspondence about 157 S. Westminster. Atkins: Yes, as I understand, that house is in foreclosure and I'm trying to find out a little more information about that. I'll get you something on that. Bailey: Thanks, and then finally, I had dinner tonight at one of our economic development businesses, Oasis Falafel, your favorite place, Bob. I know how you like the falafels, and it was nice to see it's crowded and the owner says that things are going well and so it's nice to see large investment, like we did with the TIF rebate, but it's also nice to see what we do with economic development with our small businesses and how that changes neighborhoods, and it's really exciting to see that succeed. Elliott: You bet! I have two quick items, but preliminary to that, I grew up at a time, obviously, when we were not environmentally astute. When I was in basic training in Ft. Leonard Wood, when we smoked, and I smoked Lucky's then, the thing I most wanted to do when I got home was smoke a cigarette, and because Ft. Leonard Wood you had this field trip. Everything when you got done smoking, and I couldn't wait until I could let it go. So that's it! Last night, Rick Fosse, our Director of Public Works, provided an excellent presentation on environmental projects and processes that our city is doing. I was impressed with the ingenuity and the originality that went into what they're doing, how they're doing it. They're actually making money on it, and I hope that we find a way to tell the public about our story. Lastly, it wasn't pretty, but the Cardinal's won the Division and today they won the first round of the playoffs, 5 to 1. We'll have some respect here after.. . (several talking and laughing). O'Donnell: That's respectful! Wilburn: Just a reminder to Council, we do have a Joint City/School/County meeting tomorrow. I guess there's two items on the agenda. I called to find out what the substance ofthat was going to be and (unable to hear) School Board and Coralville requested these items to be on. So, there will be a meeting... This represents only a reasonably accurate transcription of the Iowa City City Council meeting of October 3, 2006. #14 Atkins: Bailey: Atkins: Wilburn: Elliott: Wilburn: Page 35 And one of the items is the Joint Communication Center and I've not prepared anything formal to present. I'm there to answer their questions. We learned about it today and... .. . subcommittee and I won't probably be able to attend, depending upon my other meeting tomorrow. And all I can update is where we are (unable to hear). We'll see! And, the other item, just a reminder to Council that tomorrow, or Wednesday, the Realtors will begin another home ownership conference. We were recognized by the Council for Mayors, and with the collaboration of realtors and the City, so be giving a welcome and good luck and go get 'em, the class on Wednesday night. And three cheers also, sorry to interrupt, three cheers for what Karen Kubby and Glenn Siders brought to us tonight. I'm pleased that those groups are getting together. Very pleased. I'm sorry. It's all right. This represents only a reasonably accurate transcription ofthe Iowa City City Council meeting of October 3, 2006.