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HomeMy WebLinkAbout1994-12-13 Resolution " .' ;' 'I ,~., }~U,' _ ..". ,/ ,....;'::- I"" "!"'"." \ ", r--..., ..h ' (-', \ l' \. " -~ :~, v~ ",- ,~ . I I I 1 I'f, , ,I: ~l) 1.: '~'~',:,: "1\ I ll. , t~ :(~ \"1 '. ... , ~. . .' ""t ~" " ~ 1,\1., ',' , '0',' , ~ "''V' c' , f" " . " T1\~8 1","''''1' ~;,!'H~: ;fr~:: ',\',~ 'l ;~ ' W RESOLUTION NO, 94-357 RESOLUTION APPROVING THE NEAR SOUTHS IDE COMMERCIAL URBAN REVITALIZATION PLAN, WHEREAS, the City Council for the City of Iowa City, Iowa, adopted Resolution No. 94-295 finding that the Near Souths ide Commercial Urban Revitalization Area meets the criteria of Section404.1 (4), Code of Iowa (1993), and that rehabilitation, conservation, redevelopment, economic development or a combination thereof of the area is necessary in the interest of the public health, safety or welfare of the residents of Iowa City; and WHEREAS, pursuant to Iowa; Code ~404,2 (1993), staff prepared a Near Southside Commercial Urban Revitalization Plan, a copy of which is attached hereto as Exhibit A; and WHEREAS, the Council scheduled a public hearing on the Plan for 7:30 PM, October 25/ 1994/ in the City Council Chambers, Civic Center, 410 E. Washington St., Iowa City, Iowa; and WHEREAS, public notice of this hearing was published in the Press-Citizen and notification of this hearing was mailed by ordinary mail to the last known address of all owners of record of property, and to the "occupants" of all city addresses, located within the proposed Near Southside Commercial Urban Revitalization Area at least 30 days prior to the hearing date; and WHEREAS, Council held the public hearing at the time and place scheduled and provided all persons appearing and desiring to be heard regarding the Plan the opportunity to be heard; and WHEREAS, the required thirty (30) day period for property owners to request a second public I hearing has now expired, with no such hearing request being made; and WHEREAS, it is in the public interest to adopt the revitalization plan, as provided by law, NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1. The City Council has held public hearings on the Near Southside Commercial Urban Revitalization Plan as required by Iowa Code ~404,2 (1993), 2, 'The Near Souths ide Commercial Urban Revitalization Plan, attached hereto as Exhibit A, be and the same hereby is approved, Passed and approved this 13th day of December ,1994, ATTEST: ~~ CIT ' CLERK" 1!irW ~~fLIS Approved by ~ ~~;L~V W~ Ity Attorney's Office I~ ~ ~~ 9y: ocodov\nsscurp2.ros 30/0 ~:.~ ~ ~-; =" ~ 0 :'.l~;' ~. s ' I LJ', ',.".. ',\ ' ~,;;"." ' " '~ t:> i' ' ':,'::'::",:.: " ,;" ..>~t~~'I'" . ~. " :..'. ,~~: ,: '..' :,:1 ;m~'", .- .'-.'.",,~' ;",... ,', , , ",1 "", '~.,. . "" . " f" ','1 " , , . ,:~:i~_~r',i.~~,~.'.;:.c";"';'i"~;:'~''''~'''';'~''''''':';'~''''''~~':;:'~':~~."";,;":",""~,~"":,,,,,.,~,,,:,,,,,,",,,"';"/'>"".J''''',:;,"C'":"l;':"i..;;"""-'(';>~'-l.---''"''-''AA''''''''_'~~''~''''':~'-'' . '. ,:":: ,>:,"':;('~~ ' .-, '.'-'.., ...'.,. ,.. "'':'''..~..,-......,._.....',.....~-_._.._., : ~ Resolution .No, 94-357,' Page 2 - It was moved by Pigntt and seconded by T,,,hmRn adopted, and upon rol~ call there were: , AYES: NAYS: ABSENT: 11 Baker x Horowitz x Kubby x Lehman x Novick ) 11 Pigott 11 Throgmorton 'I"~ ,~ (" :, " . '".' ~....\';, C\ ,,~ tfl r j " ' " 1 I : , I , , ! I II I i I i I to) ; I'" i It ' ~~) " , , I'"",;,~y ~. ,,: . 'II . " " t' Ii ~_, -,- "~.- =-- --~' " l....,'.:"."...,',',',.,,'..., , "'i'O, },:> " .~-, 1 ,'~'n"J:;, ':- " the Resolution be 3010 , "".--.,.'"'...~'"......... I:' . ,., I " I,D"',,' I' it.. \ A ~J . . ",', ,"1 ,. . . 1 . ",", , I I , I ,.1 """"", ',' , ,...~...,:.::t,':" .. .' . , ' ,,' ~ 1. " , ..' ",' .' ....."...;,', ..,.. ,',' " . ':"",." '.1,.., .,~h\'I; ~ "",':..",.. , , , .' I. -: ,', , :." . '~.,.. ' ." f" .,'. ....,. ", :"-,.",';,""~_"-'"L:',,,>~,:,,,.,~,~:..c:::,,:..,,,"~",,"C~~;'-';;:""",-,::,.""-",.,,.:::.:;:.:.,;.L;"'~",'::"""';'";'''2;C''''''''''''',..~,."'~,..,~ ',-', ',' , I (J , EXHIBIT A Near Southside Commercial Urban Revitalization Plan r> r: I I I I October 1994 ~h ~~ ,:([ 0 . . ,: ~.,' " zm-<..B I " ,~ ,,:..,,' " \,'. .' , ,'?\\i'~ , ,,' ,',' .',':'. , ~"", f" . " .<:>: ',', ::,.. '.:;, .._...'.:,."",/.:.,~;.--.', .'..:'.c.," '::"i.._',....,..,:;'V'.~".t'l ~ TABLE OF CONTENTS NEAR SOUTHS IDE COMMERCIAL URBAN REVITALIZATION PLAN Section 1 - Selection Criteria for Near Southside Commercial Urban Revitalization Area I Code of Iowa Criteria City of Iowa City Policy Criteria Commercial Urban Revitalization Plan Objectives " Section 2 - The Commercial Plan Components ~ Description of Commercial Urban Revitalization Area Existing Assessed Valuations of Real Estate and Owners of Record of Real Estate '- Land Use i , Proposals for Improving or Expanding City Services Applicability of Plan Qualifications for Eligibility Tax Exemption Schedules Relocation Provisions Section 3 - Federal, State, or Private Grant or Loan Programs Available for Improvements /~ Section 4 - Prior Approval of Eligibility and Application for Tax Exemption " l ' , ' ".., '. Section 5 - Amendments to Plan r~"\ \t Section 6 - Repeal of Ordinance .!' ~ ,- ',', ''.; Addendum C1 - Near Southside Commercial Urban Revitalization Area Map I: ' I I Addendum C2 - Near Southside Neighborhood Redevelopment Plan - Redevelopment .. Sites Map Addendum C3 - Existing Assessed Valuation of Real Estate and Owners of Record of Real Estate I I I I i I I 'C~; II'" I 'll : I I I ~,'~:'}. \0, .; Addendum C4 - Near Southside Commercial Urban Revitalization Area - Existing Land Use Map l. ..~ 30/0 ,((~- 0 ~ - -- ~ .?-"" )'" r~',. . <.:"""', -,'.' "., ,'I 'TP' '~" , ' ~.. ..... ,1.0, 30/0 i ,;') ~sJ7.\t1 " i ':t\ , .\.. '" , , ~ ". . SECTION 1: SELECTION CRITERIA FOR THE NEAR SOUTHSIDE COMMERCIAL URBAN REVITALIZATION AREA CODE OF IOWA CRITERIA Under the Urban Revitalization Act of the State of Iowa, the City is granted the authority to designate portions of the City which meet the specified criteria as revitalization areas, Accordingly, on September 13, 1994 the Iowa City City Council adopted a resolution finding that the proposed Near Southside Commercial Urban Revitalization Area meets the criteria of Section 404,1 (4) of the Code of Iowa (1993), namely that the rehabilitation, conservation, redevelopment, economic development or a combination thereof is necessary in the interests of the public health, safety and welfare of the residents of the City, Section 404,1 (4), Code of Iowa (hereafter "Code,") specifically states that the City may designate an area of the City a revitalization area if that area is "an area which is appropriate as an economic development area as defined in section 403,17." Section 403,17, Code defines an economic development area as "an area of a municipality designated by the local governing body as appropriate for commercial and industrial enterprises or housing and residential development for low and moderate income families, including single or multifamily housing." Moreover, Chapter 404, Code further provides that the City Council may draft an urban revitalization plan to carry out the goals of economic development. CITY OF IOWA CITY POLICY CRITERIA r- , In March of 1992, the Iowa City City Council adopted the Near Southside Neighborhood Redevelopment Plan I"NSS Plan") which outlines City policy regarding the redevelopment of the area generally south of Burlington Street, west of Gilbert Street, east of Madison Street, and north of the Iowa Interstate Railway main line, It is the Council's intent herein that development within the Near Southside Commercial Urban Revitalization Area shall be consistent with the policies outlined in the NSS Plan, and also consistent with the plan herein described, see Addendum C1 for a map of the Commercial Urban Revitalization Area. '.:.0\ I \ \ l \ 'j I,U"-."'" , , I \ , I,j I ! The NSS Plan "targets the blocks between Burlington & Court streets for office and commercial development to complement the downtown retail core" and "the periphery of this area, along Gilbert Street south to the railroad tracks, includes commercial development that reflects existing uses and also projects redevelopment for commercial uses focused on the needs of the future residential neighborhood," More specifically, the NSS Plan states that in the portion of the overall area referred to as the 'commercial area,' a portion of "the commercial development is typically in one or two-story older buildings, at an intensity of use which is less then optimal for an area so close to downtown," , Based on a thorough review of property in the area, the NSS Plan designates nearly half of the' commercial area' in the NSS Plan area as potential commercial redevelopment sites within the next ten years, Three of the sites, namely the Hieronymus tract on Block 102, Southtown Properties' land on Block 103 (which has already redeveloped), and the Cahill property on Outlot 24 are the only single ownership sites in the Commercial Area which are large enough to permit development of any size and significance, Based on the City Council's intent, the properties set out in Addendum C 1 are hereby designated as appropriate commercial uses for urban revitalization purposes, and are hereby declared to be included in the Near Southside Commercial Urban Revitalization Area (hereafter "Commercial Area"), and said properties are further declared to be within this : t. I I~'" , , , , \ \' -" I, /' , ~~' ?, "fl'lJ r,'" m,~l" 1.':'IJ~ C~ 1 Near Southslde Commorcial Urban Ravltallzatlon Plan t~--",,__,"''''''' ", -,. . r _~__, - -) o '..',' ,,"' - t "j . , (I t:J ::~ ~~ 'il h\ f1 :3 \~ nt !i1 ~:~'! ~', .,. i~ ,~, ;~ 'j i:l f:.1- N [1 i~{ r;,~ D 1,;), ('i ~{l ~ '~ i, I, ~j ~ I ~[J 30/0 i .~, 0',. / Jt" , ~ '.. J .~.ii:"j ,. ,: I '" '\'.\l" " " , , . ~' ~ "" . . 'n.".';. _..~ .,;:';" ,,'I. .,'. .:,:~:~',:..:. .:.~: Near Southside Commercial Urban Revitalization Plan (hereafter "Commercial Revitalization Plan"), The NSS Plan also identifies five historic structures in the Commercial Area which are on or may be eligible for the National Register of Historic Places: 228 E, Court St. 335 S. Clinton St. 330 E, Court St. 401 S, Gilbert St. 521 S, Gilbert St. St. Patrick's Church and rectory Coldwell-Banker Anderson-Bender Real Estate Agency Honohan, Epley, Haymond, & Braddock Law Office Mixed use: apartments/commercial - Granner R.T, Close Flaxseed Warehouse - Fitzpatrick (Recent alterations to this building may have destroyed its architectural and historic significance.) The adopted Iowa City Historic Preservation Plan promotes the use of local economic incentives, including property tax exemption, to preserve or restore buildings such as these, Though the NSS Plan does not specifically mention the use of property tax exemption, the NSS Plan discusses the use of various financing mechanisms to assist with encouraging the redevelopment of the area north of Court Street within the Commercial Area, The City Council finds property tax exemption an appropriate financing mechanism to encourage redevelopment of this Commercial Area, and further finds the properties in conformance with the goals set out in the NSS Plan, COMMERCIAL URBAN REVITALIZATION PLAN OBJECTIVES .c..... ,-'\ , I \, \' ..t ~ '..,-\, 'I " \ I I' ,:,' , The primary objectives of this Commercial Revitalization Plan are to encourage the development of the Commercial Area for commercial uses other than commercial residential uses, and to encourage the reuse of historic and architecturally significant structures in the Commercial Area, Given the close proximity to the downtown to the north and a high density residential area to the south, the Commercial Area provides an ideal location for a mixed-use high density commercial and residential area, In addition, the community's other residential areas can easily access the Commercial Area due to its close proximity to the transit hub of the community, ' Though the zoning ordinance permits commercial residential uses within the Commercial Area, the City Council has determined that encouragement of "commercial residential development" is not needed in the Commercial Area, The Council further finds that the market, itself, drives the attractiveness of this area for high density residential uses, The Council further finds that the use of financial incentives, such as property tax exemption, is necessary to encourage the development of high density non-residential commercial uses in a compact manner in the Commercial Area, which is in the center of the community, rather than disperse this type of development on the periphery of the community, Ii r" ' : i ! 'I : II : i I 'i I " I ,: I 'I I : (,~ , I I"; .j ., i )\ :-.1:" , '" ,.... , f Consequently, the primary objectives of this Commercial Revitalization Plan are to encourage the redevelopment of the Commercial Area for commercial uses other than commercial residential uses, and to encourage the reuse of historic and architecturally significant structures in the Commercial Area, To achieve these objectives, the City of Iowa City shall undertake the urban revitalization activities as specified in this Commercial Revitalization Plan, pursuant to the powers granted to the City under Chapter 404, Code of Iowa (1993), 2 Neer Southslde Commerclel Urben Revltellzetlon PI en tt- 0 -- -'.." 0, _J. , -- - f" " l , I I w 1 111 ;.: ~ "j Ij \1 ~ M '"1 , ~ 1-1' ~ , I " ij:~ f , >> - --,"" ?~~~~ :, ,...l. '. .r 1 ,-', \ ffl r r " Ii , , , I : l~. i 1'" U ~~ "P" \oM'" ~' ~ri;, ',. /i\, .' ([ -- : ' 0 /'" . '. ;'j '. .' , , . 'It' :"'\\l.', . ,... , ~. .:'-.,1. ~ '~.. ,.;' ., . .:_,:.,~'.": SECTION 2: THE COMMERCIAL URBAN REVITALIZATION PLAN COMPONENTS DESCRIPTION OF COMMERCIAL URBAN REVITALIZATION AREA The legal description of the Near Southside Commercial Urban Revitalization Area is: Block 102 and 103 of Original Town; O.L. 24 of S,J. Johnson Subdivision; Block 2, Berryhill and Pierce Addition; the east 170 feet of Block 101, Original Town; the east 25 feet of the north 130 feet of the west 150 feet of Block 101, Original Town; Lots 2-8, Block 5, Lyon's First Addition; the west 91.70 feet of Lot 1, Block 19, County Seat Addition and all of Lots 2, 3, and 4 east of Ralston Creek, Block 20, County Seat Addition, as described in the attached Addendum C 1, which is attached hereto and incorporated by 'reference herein, EXISTING ASSESSED VALUATION OF REAL ESTATE AND OWNERS OF RECORD OF REAL ESTATE Addendum C3, which is attached hereto and incorporated by reference herein, contains existing assessed valuations of all real estate in the Commercial Area, and contains a listing of the names and addresses of the owners of record of real estate within the Commercial Area, LAND USE Existing Zoning The existing zoning of the project area as identified on the Iowa City Zoning Map is CB.5, Central Business Support Zone, The existing zoning is generally consistent with the proposed land uses as illustrated on the Iowa City Comprehensive Plan 1989 Update Land Use Map, Existing Land Uses The existing land uses in the Commercial Area include commercial uses (retail, office, and non-residential), residential uses, and religious uses, see attached Addendum C4 for existing land uses, Proposed Land Uses The proposed land uses in the Commercial Area shall be consistent with the City Zoning Ordinance and the Iowa City Comprehensive Plan 1989 Update, 3 aa- ~- '-- _~_:nt, '0 Near Southside Commarcial Urban Revitalization Plan <3010 1"'"..'.,..,'". , "', ", ,':. i', ,'.', . " f" , '..I."""",-",,---.,:'.',,~.'::-' I ''1 ~t "" l j I I " , 10. " ~!I:~a . , .. , ".:r:'! ,\" ~ ", P' " , ..: ..~~ ~, : ','-,'."., , ...,...~'. - ..-.. "'"-.,,. .. .n" v:,;:.~ ';, ....;- PROPOSALS FOR IMPROVING OR EXPANDING CITY SERVICES The City Council has evaluated whether a need exists for improving or expanding city services within the Commercial Area including, but not limited to, transportation facilities, sanitary sewer, solid waste collection, street maintenance, park facilities, and police and fire protection. To this end, the City Council hereby concludes that streetscape improvements in the Commercial Area would enhance redevelopment in said Commercial Area, The City Council further concludes that redevelopment of the Commercial Area will generate the need for a City-owned parking facility either within the Commercial Area or in close proximity, In addition, the partial closure of Dubuque Street and the construction of a pedestrian plaza is necessary for the integration of the Commercial Area with the Downtown and the remainder of the Near Souths ide Neighborhood described in the NSS Plan, APPLICABILITY OF THE PLAN land Uses This Commercial Revitalization Plan is applicable to all qualified real estate assessed as commercial property containing no residential uses and to all qualified real estate assessed as commercial property in which no more than twenty 120%) percent of the above-grade portion of the structure is used for residential uses, In addition, the structure must contain at least three 13l stories of non-residential commercial uses, and only the non-residential portion of a structure assessed as commercial property shall qualify for property tax exemption. However, , any reuse of a historic structure assessed as residential or commercial property shall be considered qualified real estate, i '@ I Types of Construction Eligible I"~ I I I Eligible construction includes rehabilitation and additions to existing property determined to be historic and/or architecturally significant by the Iowa City Historic Preservation Commis- sion, together with new construction for all other commercial property defined as qualified real estate herein, However, rehabilitation of and additions to historic and/or architecturally significant structures are eligible only if said rehabilitation and additions began after adoption of this Commercial Revitalization Plan and the corresponding Ordinance, "New construction" means buildings constructed after the date of adoption of this Commercial Revitalization Plan and any subsequent additions to those buildings, New construction that replaces structures identified in this Commercial Revitalization Plan as historic and/or architecturally significant is not eligible for property tax exemption, r .,~ c-'\ \ ~ , I i , All rehabilitation to historic or architecturally significant structures shall be done in such a manner as to preserve or restore any historic structure to productive use in order to be eligible, The guidelines for determining if rehabilitation does preserve or restore the structure shall be those set forth in the 1990 revised edition of the Secretary of Interior's Standards for Rehabilitation and Guidelines for Rehabilitating Historic Buildings, All additions to historically or architecturally significant structures shall be developed in such a manner as to be architecturally compatible with existing development. Plans and specifications for proposed exterior renovation must be submitted to the Iowa City Historic Preservation Commission for review and approval prior to issuance of a building permit in order for the improvements to qualify for property tax exemption, . I I't:' ii":' I, \, , .~~ 5;1 t~~ 1\>~ ,:.- ~. , Neer Southside Commerclel Urban Revitalization Plan \jO/O o r1,' I;", ~[t 4 (~- ~. - ;:~1li.;ui; ,. .( p, ,- \ \ ,.... r.",; , [ I ' I I , i fC , I...' 11 : ( ~q '~ ,","'~' , , i, " ~~i ( l_ :fC 0 ~,' ".. . , . 0,', "'t I . '.,\'\1:. '" .-::. .,. , , ,'\' 1 .'. . ,--....,.,..'" :.:.:~.I,.,.~;:,,:::.' h', __.'_._.,,'..._,'..._.......,~ '~..._.. "._.___,._ All rehabilitation, additions, and new construction must meet the applicable design criteria outlined in the CB-5 Zone of the City Zoning Ordinance, These design criteria are adminis- tered by the Director of Planning and Community Development, In addition, plans and specifications for the exteriors of new construction must be submitted to the Iowa City Design Review Committee for review and recommendation, The Design Review Committee recommendation will be submitted to the Iowa City City Council for review and approval. The City Council must approve the exterior design for all new construction prior to issuance of a building permit in order for the improvements to qualify for property tax exemption, Time Frame The Commercial Area shall remain a designated revitalization area for ten years from the date of designation, Revenue Bonds The City has no plans to issue revenue bonds for revitalization projects within the Commercial Area, QUALIFICATIONS FOR ELIGIBILITY Qualified property improvements include rehabilitation and additions to existing historic and architecturally significant structures, and also includes new construction for property assessed as commercial property defined above as qualified real estate, see" Applicability of the Plan, land Uses and Types of Construction Eligible," Qualified property improvements do not include new construction that replaces structures identified herein as historic and/or architecturally significantly, In order to be considered eligible, all improvements must be completed in conformance with all applicable regulations of the City of Iowa City, and must increase the actual value of the property as of the first year for which an exemption is received by at least fifteen percent (15%) in the case of real property both assessed as commercial property and defined herein as commercial property. Actual value added by improvements defined as eligible herein means the actual value added as of the first year for which the exemption was received, TAX EXEMPTION SCHEDULE T ax exemption on qualifying improvements shall follow one of four schedules as set out by state law, Eligible property owners shall elect one of the four schedules, Once the election has been made and the exemption granted, the owner is not permitted to change the method of exemption, Exemption schedules are as follows: 1, All qualified real estate assessed as residential property is eligible to receive an exemption from taxation based on the actual value added by the improvements, The exemption is for a period of ten (10) years, The amount of the exemption is equal to a percent of the actual valued added by improvements, determined as follows: one hundred fifteen percent (115%) of the value added by the improvements, However, the amount of the actual value added by the improvements which shall be used to compute the exemption shall not exceed 5 Near Southside Commercial Urban Revitalization Plan ~OIO - _ ~__T ".~o,) i f" , ~ ~ (i,' t1 ~ ~ r!1 [;1 'ii Ki f~', ~, ~ I,. ~ i0 f1 ~ ", I /.5 I [t Jflrl:t1 " ,1 c'" \ ..," ir I I , I , ! I : j I , i It" , ,,,. I' ' , I i \ 0,' 'J , :L 0' j-",j .. , '~f, \' , "'t ,~< ,,,:' ~ "- . " ;'.::;::;:;;~'~~.;:~~:';.;"::,.':'. :'::';;,>.',;.~', .. " .', , ",-""."",. .'i,...._..,,~ twenty thousand dollars ($20,000) and the granting of the exemption shall not result in the actual value of the qualified real estate being reduced below the actual value on which the homestead credit is computed under section 425,1, Code of Iowa (1993). 2, All qualified real estate is eligible to receive a partial exemption from taxation on the actual value added by the improvements, The exemption is for a period of ten (10) years, The amount of the partial exemption is equal to a percent of the actual value added by the improvements, determined as follows: a, For the first year, eighty percent (80%), b, For the second year, seventy percent (70%), c, For the third year, sixty percent (60%), d, For the fourth year, fifty percent (50%), e. For the fifth year, forty percent (40%1, f, For the sixth year, forty percent (40%), g. For the seventh year, thirty percent (30%), h, For the eight year, thirty percent (30%), i. For the ninth year, twenty percent (20%), j. For the tenth year, twenty percent (20%), 3, All qualified real estate is eligible to receive a one hundred percent (100%) exemption from taxation on the actual value added by the improvements, The exemption is for a period of three (3) years. 4. All qualified real estate assessed as residential property or assessed as commercial property is eligible to receive a one hundred percent (100%) exemption from taxation on the actual value added by the improvements, but only if the commercial property consists of three (31 or more separate living quarters with at least seventy-five percent (75%) of the space used for residential purposes, The exemption is for a period of ten (10) years, RELOCATION PROVISIONS The City has considered provisions for the relocation of persons, including families, business concerns and others who could be displaced as a result of improvements to be made in the designated Commercial Area. Upon such consideration, the following shall be provided under the Commercial Revitalization Plan: Benefits Upon application for and the City/s verification of a property owner's eligibility for tax exemption, qualified tenants in the designated Commercial Area shall be compensated by the property owner for one month' s rent and for actual reasonable moving and related expenses/ where said displacement was due to action on the part of a property owner to qualify for said tax exemption, 6 Near Southslda Commarclal Urban Revitalization Plan ...30/0 I ,t... I ,) ,~ '., -- ~=~_...- -~_,.'v -- ~= 0 J: ~' r I , i~ ~ " I', , ;; I, ~ ~ .~ "0" r I I I 10, ." ~,,..,j''' -!'. . ~~\' .,! "':::,'" '" ! '" '~-:--.... ,r"':"...... (; ; ~"\', , \~\ \, ....)~ ~ '; ~'::""'~ , \ '~:~' r, ..." ; /.' I" " . ",' I, I i' ; \1 I I ! I I i '6'J . ii'" J r :-:.t.:i. ; ~\it.~' i/ Co -' " .', 'i":, , "'.'::;'~::'~l\,\'t:l' :~ /,... , "..' ':~', , ,"" , . .,,~ ': -; or .. " " .. , , f". , ,< f" ' " .. . r Eligibility "Qualified tenant" means the legal displaced occupant of a residential dwelling unit which is located within the designated Commercial Area where the person or family has occupied the same dwelling unit continuously for twelve (12) months prior to the City's adoption of this Commercial Revitalization Plan, There are no relocation provisions made for displacement from commercial units. Actual Reasonable Moving and Related Expenses A qualified tenant of e dwelling is entitled to actual reasonable expenses for: a, Transportation of the displaced person and personal property from the displacement site to the replacement site, Transportation costs for a distance beyond twenty-five miles are not eligible. I ~' r b, Packing, crating, unpacking and uncrating of personal property, c, Disconnecting, dismantling, removing, reassembling and reinstalling relocated household appliances and other personal property, d, Discontinuing, transferring or reconnecting utility services, including cable television, Least Costly Approach , ~ The amount of compensation for an eligible expense shall not exceed the least costly method of accomplishing the objective of the compensation without causing undue hardship to the displaced tenant and/or landlord, '!. 7 Neer Southslde Commercial Urban Revitalization Plan ;JOIl) '." .".....'" '!"!"""'T~\~":"'I 0' .' ~ ~"", ' " / ,.. L ..- ~_.\ ""'..! " '1'::" O .. ... . ., , " ',; '! ",' I, -1 , \ I ..,j ". ~ SECTION 3: FEDERAL, STATE OR PRIVATE GRANT OR lOAN PROGRAMS AVAilABLE FOR IMPROVEMENTS , , , Community Development Block Grants (CDBGI CDBG monies are federal monies which are appropriated to the City of Iowa City on an annual basis, Use of the CDBG monies must benefit low or moderate income persons, ,', " " Federal Tax Credit for Historic Structures The federal government provides a federal tax credit for rehabilitation of properties listed on the National Register of Historic Places, Community Economic Betterment Account (CEBAI The purpose of the State Community Economi~ Betterment Account (CEBAI program is to increase direct and indirect employment opportunities for Iowans by increasing the level of economic activity within the State of Iowa. The program provides financial assistance to businesses which require assistance in order to create new job opportunities or retain existing jobs in jeopardy, '. \. . SECTION 4: PRIOR APPROVAL OF ELIGIBILITY AND APPLICATION FOR TAX EXEMPTION A person may submit a proposal for an improvement project to the City to receive prior approval for eligibility for a tax exemption on the project, pursuant to Section 404.4, Code of Iowa (1993), ~" I i0' ~; ~ r I i II, An application shall be filed for each new exemption claimed and approved by the City Council pursuant to Section 404.4, Code, The City Assessor shall physically review each first-year application pursuant to Section 404,5, Code. SECTION 5: AMENDMENTS TO COMMERCIAL REVITALIZATION PLAN , ., i' Once the City has adopted the Commercial Revitalization Plan herein, the City may amend the plan, but only after a public hearing before the City Council. Notice of said hearing on proposed amendments shall be published as required in Section 362,3, Code of Iowa (19931, provided that at least seven (71 days' notice is given, and that said public hearing is held no earlier than the next regularly scheduled City Council meeting following the published notice, I' I lli'" 1('" ~ ~ tfil 'I -~ 8 Near Southslde Commercial Urban Revitalization Plan '+3010 " '\.", " '<-'." ", ":,' , j:."......" , , ' , , , ' . 0" ,. '. " > <:,: ::>---".,~}~,~\;':';:"':' ;.-, '-," ,~~,..' , 1.0..":",/ uI' ''.It., ~,', ,) ~ ~, , , 0 ' ,ii' " , ,\,. ' ,-~------~ 111T , ;, -- ;. ~::.;:..>:' ' ~~:::,'~ ";"; ..... ' , ~ ~:. .\ SECTION 6: REPEAL OF ORDINANCE When in the opinion of the City Council the desired level of revitalization has been attained or economic conditions are such that the continuation of the exemption granted by this Commercial Revitalization Plan would cease to be of benefit to the City, the City Council may repeal the ordinance establishing the Commercial Area, In that event, all existing exemptions shall continue until their expiration, Approved By / /(ilfjf'fL ecodev\amedcurp.nss '''' -:-, '.'/,. ~ ~\ \, ,~ ,":'"",:='11 i'r~ I I I ~ VDJ " ~ '~I 9 Neer Southslde Commerclel Urben Revltallzetlon Plan 30/0 ,;c__~ "::-..:" ",,",... . .'.r:'~ .,"..,.. ..'7,"'~~:"(1.,71;~;;.'.,.. .. . \\, :1:.-, ~',' ,.~ d:' ~ . :, ~. " 1,'" J, to. :~, '''~' f" r r '.1' "'1"..' " '0'; i- Wt ~~ ~it i\~ ~:j :11 '.-l' c1' "(1 il ~';: : ,;:;~ : :i",,~ >.q,; 3010 J :~-~, ')1 . ."",..."',. '.' ,.., ,oI'b . ' , /5,~[1 '. " ,..1-; ,~N;:~: ',~r,' '!' -, , '...\., ' '. ~,' .. " , - , .. .,',' ~ ", . .,., -. " , , ';,--" "''---', , _.~_,., ~,_ _. _ . -..:.~...~",:, :',: ':. 'i.:...:. :,i'_"~:"~/t,,~:~.':.;..~~. ;-"::..!L~-..:;:.:.;.:.:.:,.:,:~~'.:;:t :,;.:,,:,;'.:,::::,:,~~:\'~;':'L~j,;,::;~;r.:.~~,,'~ ;""_ ;~;";:t:;';;"~ ;.,:: ~ 'i:"~"C~,;;' ;, '~: ~'''" - .' .-" ..; ,',',-, '::,.,' ~','::,,:.: i..;',-;.~:;,',:: :;'"::,.,, ',,.,,,'.'.0;"'-, _'.~..,';",...,,,,,.~... NEAR SOUTHSIDE Addendum Cl COMMERCIAL REVITALIZATION AREA MAP DDDDCJ DDDDD BURLINGTON '- ~ U L i I , 3 I I I ? I 3 i I I 1- COURT '"' - i-- i9 "-- 3 COU't 2 I Hauss Fer/6raJ 8u/7ding ~ :~ I- ~ HARRISON :-- ./ ./ b::::: 5 ~ ~ ~~ I-- ~ 6 7 8 9 ~~ "l: ~i ~ j.;. j.;:. :::> -lr-- a: ~ ~'- ~! ~ ~ ~ ..J I- ~ d it: (!j ~ L-. PRENTISS t , I II I l~ 21 IJ ~ ~ 1 '" I ,""'" .'" =--= /:-- I :y I I IJ ~ I I I ~ I 22/.JI ~ / ......::-..:: --1_ ~'\'" LAFAYETTE 01 B28-W' ;~~ I ~ 25 26 27 ~ .~., ( , .o''\ ' \\\ ,~ :.':.t, ", \ r ' i \ il I" ' I I I! I , I I ;! I i , I C' I 1'1'" , : I j ~\:,' , .1 " I:,~~~~ ~:~~ ,C~O -, -_ Map depicts existing parcels within urban revitalization area. - L.. .na.. . TI ,~ ~- ) -_~, 0 "". ' ,/. J-..,~, f" I I ~I I' l' !'i ~1 fil '~ r ~ r:~ ~ ~J ~' u ~ ~ '., "'ii!:"~' '-''''-.. ", ' ,r-.... 1 c \ \~ ~ '''f i' \ : II I I') , II: I [ i: I I, ! : I : k, I , I'" I I ", " I ; I J \ ~~ . ..~.. .\.; ./ , r ,i' ~~,_.,:" c,..,:,~:2, "1 ~~'., ' " ~ ..,.,.,,::: ...,~........- [1"::0.... , } 0 I..: 1.0.._._.____ ,. .' . .,. , . "., ,. . ~~: ' . ",I.. \', . ',' , ~ f" . ,_ '..0>,." :: :.;..~: .,.1':"\: :\, ..-: ....::, .,~, ,..,~' ,:;..::~ ':..:. ,. ~',~:. ,: . ::' ....~;:..:' ~ ,::; ,.; ~~.:: , ~: ','. " . ' " N EAR SOU T H SID E Addendum C2 REDEVELOPMENT SITES ~'UUUUUL BURlJlCTOH ST. 8J ~ ,. , r ~ ~ f.! ~ ~ i COURT ST, J' I = I ~ ~' IIWlISOH ST. J.. .~.~~. . I! JI "~I~~I- i~~ --~B>> ~- -m 7 ~ · [ IIlITlltl sr. lnnnn~~ I BOWERY .J' SCALE , I 0 400 , LEGEND . S YEARS . VACATED STREETS lIB !5-IO YEARS ~ BLOCK NU~IBERS " -~. 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' ,l,:. .' ,.....",".':..'..0., ,......,,,_',,,,,',,..,,, '. ,,( C-- \ NEAR SOUTHSIDE Addendum C4 COMMERCIAL REVIT AUZA TION AREA MAP D r- EXI~T~G L~ ~SES. l CJ D D D D D ; BURLINGTON I .:.:.:::::::::::: ~\~i:I:I'~'. ::::::.:.:.:.:.:. ~'t:,!.:'::.~t ............... -\:".':\. 3 I :::::.:.:.:.:.:. . .,~l:): .:.:.:.:.:.::: I '";"~':' ............. '.1<).\ ................. .......1 ......... ::::::::::::::::: kV;::;:?~l$,Y::; .:.:.:.:.:.:::::: I.~ ........1"',1, ................. " ~m:;r( ::::::::::::::.:. ................: ,....ix:'. t. .."t. :.:.:.:.:.:.:.:.. ~ ,}f..;; ,% ::::::::::::::::: (:)::~\~:;. .:.0.:-:.:.:.:.:. <<{@ill' it . 1'. . . . . . . '^, ~ y/" . .........,.,... COURT l .. ~ 119 - I 3 COIJ'! 2 I HOUS9 Federal ! Bui/ding I . :~ ~ HARRISON v i..-' v ~ ~ ~ :t f.. ~ ~ 6 7 ~ 8 9 ~ 'C f;; ... !!2 =:3 C it ~ ~ - -J ~ ....J ",,, t!) ~ d C 'OJ':\' ..' .' , PRENTISS : I u t I " 1 \~ 21 I \~ ~ i ~ li I ll; ~J ~ ..,"-: ~ ;1-- ~ I ,"" D I {~ l~ 1 I \ :. CODGreial - (Retail/office/Hon-Ralidential) - ~~ .. l:t.....1 i ti .:.:.:.:.:.:.,:. R8. den 11 I ~ - - 1~p'{~01 CODlfilereial , Residential . "" ..., .. 25 26 . RI1iqiouI l\ ~ 1\ I " I I II I ~I LI . , .?'l ".::,:.. I ( I ' I r I , , I I: I , , , , , i , : : k, Ii" :( ~,..~ .~ t,~~,,' !"~ L" ~OIO (-.-- -- , : 0 . i,. __.m__.. - O.r1;: ,.,,' - f" I I () '1,- ij' ~D. ,',"-., ,', ;~;).~~L.t.'~. ...'~ <',-,' , ';"..~'l '" ~, ( ( .'.:.0) \ \ ,a ~:'1-"t r l- i I ~ . I I[ , I I , I Ii i r. ~ I 'I ~l" "J ;'1' ji; ~ (- ':, ~....? " '('I " .,. , , :',~,;, . "~~' ~ " :.'" , '~,~, 11'\1;-0 RESOLUTION NO, 94-358 RESOLUTION APPROVING THE NEAR SOUTHSIDE RESIDENTIAL URBAN REVITALIZATION PLAN, WHEREAS, the City Council for the City of Iowa City, Iowa, adopted Resolution No, 94-296 finding that the Near Southside Residential Urban Revitalization Area meets the criteria of Section 404.1 (41. Code of Iowa (19931, and that rehabilitation, conservation, redevelopment, economic development or a combination thereof of the area is necessary in the interest of the public health, safety or welfare of the residents of Iowa City; and WHEREAS, pursuant to Iowa Code ~404,2 119931. staff prepared a Near Southside Residential Urban Revitalization Plan, a copy of which is attached hereto as Exhibit A; and WHEREAS, the Council scheduled a public hearing on the Plan for 7:30 PM, October 25, 1994, in the City Council Chambers, Civic Center, 410 E, Washington St., Iowa City, Iowa; and WHEREAS, public notice of this hearing was published in the Press-Citizen and notification of this hearing was mailed by ordinary mail to the last known address of all owners of record of property, and to the "occupants" of all city addresses, located within the proposed Near Southside Residential Urban Revitalization Area at least 30 days prior to the hearing date; and WHEREAS, Council held the public hearing at the time and place scheduled and provided all persons appearing and desiring to be heard regarding the Plan the opportunity to be heard; and WHEREAS, the required thirty (30) day period for property owners to request a second public hearing has now expired, with no such hearing request being made; and WHEREAS, it is in the public interest to adopt the revitalization plan, as provided by law, NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, THAT: 1 , The City Council has held public hearings on the Near Southside Residential Urban Revitalization Plan as required by Iowa Code ~404.2 (1993), 2, The Near Southside Residential Urban Revitalization Plan, attached hereto as Exhibit A, be and the same hereby is approved, Passed and approved this 11th day of December , 1994, 1J1MAA 'n, .,;k...,JJ,S MAYOR - Approved ~ '~uI~ ity Attorney's Office ~ ~~ -ff' ATTEST: CIT CLERK ocodov\nsscurp3.rcs 301 , - ,mr ,,~'.',',""""',"," "',1,,. " ' ", ' """, ~",o, = ',>', , , , " .' ,', ". ,,:'....'.. " ~ , ,.' ~p ~' I i !l t! I I tr\ \;.;) I,r;. . mO'" i ,) , " ,-'{W...<wj'~' ,'.',',lo' ( ('" ., \ ~ I, I I Ii , I k, I" , I" "l' , G," 0 "J. , ' ~ ~ . '. ~. , ,;, . "t. , , ' . . , i,,~ ~;,'~ .' " ',' ~ ", t, , , , " .~..., , 'i'. " f", , , " , . , '," .'" r. ,.,;~~:,..:.;;;,,,.~..:..:J_,~,:,.,,,,",,.::L, ~:u'.".~__. . . , '.'. ' ,,' , _._~.-:'~........,';"".........-,... :..,"..~"...,~:.':...."::.,,...;,l.;~";,;.;.:..,~ ,.',;,t"-:"'''",:':.-'''';'';;~''_'''''''' "',..;, .'"'.-......'. "\C" ,~,,~. .'.'~'- .',.-.""~,~,J..~."'.:....',~,',,.~,,...'~"_,V"-;n.,~ ,_ ; flesolutlon ,No. Page .1- 94-358' - It was moved by Kubbv and seconded by 'l'hrO\!ffiorton the Resolution be adopted, and upon rol~ call there were: , AYES: NAYS: ABSENT: x x x x x Baker Horowitz Kubby Lehman Novick Pigott Throgmorton J( x ~ \::j} " -- 30" " , ""\\.,.,'.'.', ...., ':,",.,'" , '., ,0'"4:/;. '.', f' D I /5-,0, "-, " .:. . .'. ", " \"1 ,~',:.." '" , , ". ' "1 ... I,~'l,', ," .. .", .',' , '~"t, , " . , -" - '.. ',-,. "'-. . .... .~,.."" ", (,~~-": \ I \.. ~t ' ; ~ "-,.- I " II: " fo\ ! ! I : t II : I I : t I I (., I [";1 : " ) ~"-, ~\' "~/ ,,' ~fc_"J,.1 !"I f: . R\~,',.'. l.-'CJ ~ "''''''';'''' ,:';:,'..',:', ',', "' ". ,','. , , "n.._ ,,',,-'...,~..' " EXHIBIT A NEAR SOUTHSIDE RESIDENTIAL .e: 0 URBAN REVIT AllZA liON P LAN October 1994 f" ~ I: i ~ , ~ I ,-~ ',','~q ,WOT);,;H, (') " , ", "i",... '10' lS ' , ..'..-" . " , 5a~.tiJl"'" ," ...'...",.,' u ,~ r"'\ '\ ~f':' f .- i I I : I~ I '(.\ II"" II , ',~.i\'~,'~l:!' ~'r" fi' . .-' ':C~::_ " r:':'j'. ' ':--'::'r:":. . "",\!" , . '. .,' '. .,. , , , ',,:, ~ .~.,. . ,.' , .,,', _".', ";'.>:< "'''. "n..', ",<" :!,..;,' "~o' I -.~,\' , TABLE OF CONTENTS NEAR SOUTHSIDE RESIDENTIAL URBAN REVITALIZATION PLAN Section 1. Selection Criteria for Near Southside Residential Urban Revitalization Area Code of Iowa Criteria City of Iowa City Policy Criteria Residential Urban Revitalization Plan Objectives Section 2 . The Residential Plan Components Description of Residential Urban Revitalization Area Existing Assessed Valuations of Real Estate and Owners of Record of Real Estate land Use Proposals for Improving or Expanding City Services Applicability of Plan Qualifications for Eligibility Tax Exemption Schedules Relocation Provisions Section 3 - Federal, State, or Private Grant or Loan Programs Available for Improvements Section 4 - Prior Approval of Eligibility and Application for Tax Exemption Section 5 - Amendments to Plan Section 6. Repeal of Ordinance Addendum R1 . Near Southside Residential Urban Revitalization Area Map Addendum R2 - Near Souths ide Neighborhood Redevelopment Plan . Redevelopment Sites Map Addendum R3 . Existing Assessed Valuation of Real Estate and Owners of Record of Real Estate Addendum R4 . Near Southside Residential Urban Revitalization Area - Existing Zoning Map Addendum R5 . Near Southside Residential Urban Revitalization Area - Existing Land Use Map 30 I' '~ . r .' " - - -,- - , 0- )" - r T a' /5 ' DO, , , .', . .,t\,'" , ,'~, .. J.?:Jlr;J " , , ''', . ,I. . .',,,... "..'.'..' ,.,;-'...,.," ..:'. SECTION 1: SELECTION CRITERIA FOR THE NEAR SOUTHSIDE RESIDENTIAL URBAN REVITALIZATION AREA CODE OF IOWA CRITERIA Under the Urban Revitalization Act of the State of Iowa, the City is granted the authority to designate portions of the City which meet the specified criteria as revitalization areas, Accordingly on September 13, 1994, the City Council adopted a resolution finding that the proposed Near Southside Residential Urban Revitalization Area meets the criteria of Section 404.1 (4), Code of Iowa (1993), and that the rehabilitation, conservation, redevelopment, economic development or a combination thereof is necessary in the interests of the public health, safety and welfare of the residents of the City, Section 404,1 (4), Code of Iowa (hereafter "Code") specifically states that the City may designate an area of the City a revitalization area if that area is "an area which is appropriate as an economic development area as defined in section 403,17," Section 403.17, Code defines an economic development area as "an area of a municipality designated by the local governing body as appropriate for commercial and industrial enterprises or housing and residential development for low and moderate income families, including single or multifamily housing," Moreover, Chapter 404, Code further provides that the City Council may adopt an urban revitalization plan to carry out the goals of economic development, as provided by state law. CITY OF IOWA CITY POLICY CRITERIA In March of 1992, the Iowa City City Council adopted the Near Southside Neighborhood Redevelopment Plan I"NSS Plan") which outlines City policy regarding the redevelopment of the area generally south of Burlington Street, west of Gilbert Street, east of Madison Street, and north of the Iowa Interstate Railway main line, It is the Council's intent herein that development within the Near Souths ide Residential Urban Revitalization Area be consistent with the policies outlined in the NSS Plan, and also be consistent with the Plan herein described, (see Addendum R1 for a map of the Residential Urban Revitalization Area.) The NSS Plan states that "the area south of Court Street is designated as the appropriate place for a high density residential neighborhood," Based on a thorough review of property in the NSS Plan area, the NSS Plan designates a significant number of parcels within the 'residential area' as potential redevelopment sites within the next ten years, as set out in Addendum R2, Based on the Council's intent, the properties set out in Addendum R1 are hereby designated as appropriate high density residential uses for urban revitalization purposes, and are hereby declared to be included in the Near Southside Residential Urban Revitalization Area (hereafter" Residential Area"), and said properties are further declared to be within this Near Souths ide Residential Urban Revitalization Plan (hereafter "Residential Revitalization Plan"). The FY94.98 Comprehensive Housing Affordability Strategy (CHAS) outlines City policy regarding the provision of affordable housing, The first priority of the CHAS is to expand and maintain the affordable rental housing stock and expand rental assistance, The CHAS encourages local actions that expand the affordable rental housing stock, including the use of financial incentives. fl-- ' ,-- :,.._0.... - .~~- - V-'~T- 0 j,' Ncar Soathsidc Residential Urban Revilali7.alion Plan 3011 f" ,;;., ,\.! "",J r I I~':'. r , ~ I o 10, .'. -,...:;.;.", ,," , ' ~' ' .r 'I' "; --n ~' , " .',~o.:~< :'. ' ',1', \",,' "','1 ' , ~, .' '... .j'..' ".,:...,1;; ,;,,- .;" , :', , " ....., f" . " , . '. ".' " " , ',' ,'".- " '., , ,~_ ,(. :.;-..:..:..:....:. ~'.:;;,'~'.:.~c:.~'t :;;.~'~r~~ ~",",,': ;.;..:i.":'::'~'~~'~,~';J:~i'.I::.~~"'--:~;J;;,,~'.'.c:. ':,l;:::;",;'~::-"..:..:.:..:.'t,;ri,~r;'..:',:..;, '1,;;":'/ :;;.iJ;~~.....;~ ,.~,~:.~:;J:::.'...:.:. :,::, :'.:- .:, \ -" ~,..-'- ...~ .;', ~'.'';';':''.. ~':'. ~: ';},r,.:;~'. J, <: .""~:",i, "..',',;''" ...-;.~;,'~:';; r I I i , i i , The NSS Plan identifies three historic structures in the Residential Area which are on or may be eligible for the National Register of Historic Places: 530 S. Clinton St. 604 S, Clinton St. 624 S. Clinton St. Penningroth Apartments Duplex' Roffman Railroad Hotel (apartments) - Roffman The adopted Iowa City Historic Preservation Plan promotes the use of local economic incentives, including property tax exemption, to preserve or restore buildings such as these, The City Council finds property tax exemption an appropriate financing mechanism to encourage redevelopment of this Residential Area, RESIDENTIAL URBAN REVITALIZATION PLAN OBJECTIVES The primary objectives of this Residential Revitalization Plan are to encourage the provision of housing for low and moderate income households with the redevelopment of the Residential Area, and to encourage the reuse of historic and architecturally significant structures in the Residential Area, The Council finds the Residential Area to be a good location in which to provide low and moderate income housing opportunities because of its close proximity to downtown shops and offices, the University of Iowa Campus, the public transportation hub and intercity bus service, the Public Library, the Recreation Center and the Senior Center. To achieve these objectives, the City of Iowa City shall undertake the urban revitalization activities as specified in this Residential Revitalization Plan, pursuant to the powers granted to it under Chapter 404, Code of Iowa (1993). (1\ I;:J ( ., , " I I I , I , I ! I I 1 I I I ~ , , I , ;,', ~:-._~ ' ~~~' T'~r .,.:,,'io,( I,)".".~,",.'.,:' :"""'. ",\,1: ,', ':;, .r"", ,'......',', " ~, '. Nenr Southside Residential Urban Revitalization Plan , "".~~I,J 2 c ~ \ " 0 .' ,'I, ,'~_.._..,_.____.:..........": , \. '1 ", J:;. " l..) I 0', ""'-' ?~~' ",;."," . ...'" :" ',...~, :, I ( r!.~ \ \ .,,>:l '~-r i ' , , , 1 r I , I ! I , I ! I it ;:,., 1 l;'..~ g', ~.\' ,',. 'C 0 " ,>, ,-':i , ., -" , , ,... ", "'~t\\'l'. . . ". 'c.' , ., , ".. '."c-.,.'.., . "',.','"'.' -"''- SECTION 2: THE RESIDENTIAL URBAN REVITALIZATION PLAN COMPONENTS DESCRIPTION OF RESIDENTIAL URBAN REVITALIZATION AREA The legal description of the Near Southside Residential Urban Revitalization Area is: County Seat Addition, all of Block 1; Block 19, Lots 1-4, except for the west 91,70 feet of Lot 1; Block 8, Lots 5, 6, 7, and the west 60 feet of the south 53,5 feet of Lot 4; all of Block 9; all of Block 20 lying north and west of Ralston Creek; all of Block 12; and Block 11, Lots 1, 7, and 8, the west 100 feet of Lot 6, and the north 40 feet of Lot 2, as described in Addendum R 1 attached hereto and incorporated by reference herein. EXISTING ASSESSED VALUATION OF REAL ESTATE AND OWNERS OF RECORD OF REAL ESTATE Addendum e3, which is attached hereto and incorporated by reference herein, contains existing assessed valuations of all real estate in the Residential Area and contains a listing of the names and addresses of the owners of record of real estate within the Residential Area, LAND USE Existing Zoning The existing zoning of the Residential Area; as identified on the Iowa City Zoning Map, includes Planned High Density Multi-family Residential, PRM Zone and Central Business Service, CB-2 Zone (see attached Addendum R4). The existing zoning is generally consistent with the proposed land uses as illustrated on the Iowa City Comprehensive Plan 1989 Update Land Use Map. Existing land Uses The existing land uses in the Residential Area include commercial uses (retail, office, and non. residentiall and residential uses, see attached Addendum R5 for existing land uses, Proposed land Uses The proposed land uses in the Residential Area shall be consistent with the City Zoning Code and the Iowa City Comprehensive Plan 1989 Update, 3 Ncnr Souths ide Rcsidenlinl Urban Revilnlizalion Plan ",,~qlJ " , ____ ,-or..~ ~, ___ _.~ ~) ,', " ,,' '. '..,'. 0., ....'.\: .. f" , I r r , T 10 " t:;, \' , ,,', ,"' ~,.J , . ;~:r;.:~JJ , , '" . '1 ~~:" ", .. .. " , \ . , : :!" PROPOSALS FOR IMPROVING OR EXPANDING CITY SERVICES The City Council has evaluated whether a need exists for improving or expanding city services within the Residential Area including, but not limited to, transportation facilities, sanitary sewer, solid waste collection, maintenance, park facilities, and police and fire protection. The City Council has concluded, through adoption of the NSS Plan, that streetscape improvements and other public spaces in the designated Residential Area would enhance the redevelopment of said Area, The City Council has also concluded that redevelopment of the Residential Area will generate the need for a City-owned parking facility, either within the Residential Area or in close proximity. APPLICABILITY OF THE PLAN land Uses The Residential Revitalization Plan applies to all qualified real estate assessed as residential property, and also includes property assessed as commercial property but only if the commercial property consists of three or more separate living quarters used for residential purposes, Both of these categories of qualified real estate must provide housing for low or moderate income households in order to qualify, If a development project within these categories contains less than one hundred (100) percent qualified real estate, only that portion meeting the low/moderate income household guidelines shall be eligible for property tax exemption under the Plan, "low or moderate income households" mean those households, including single person households, earning no more than 80% of the higher of the median household income of the county as determined by the latest United States Department of Housing and Urban Development, Section 8 income guidelines, The provision of housing for low or moderate income households shall be ensured by the use of deed restrictions requiring continuation of units as affordable to low or moderate income households for a minimum of fifteen (15) years, or the term of afford ability conforming with the requirements of any federal program used for a project in the Residential Area, whichever is longer, Only the residential portion of a structure assessed as commercial property shall qualify for property tax exemption, However, any reuse of a historic structure which has been assessed as residential or commercial property shall be considered qualified real estate, ,L \ Types of Construction Eligible Eligible construction includes rehabilitation and additions to existing property determined to be historic and/or architecturally significant by the Iowa City Historic Preservation Commis- sion, and also includes new construction for all residential property defined as qualified real estate. However, rehabilitation of and additions to historic and/or architecturally significant structures are eligible only if said rehabilitation and additions began after adoption of this Residential Revitalization Plan and the corresponding Ordinance, "New construction" means buildings constructed after the date of adoption of this Residential Revitalization Plan and any subsequent additions to those buildings, New construction that replaces existing structures which are identified herein as "historic and/or architecturally significant" is not eligible for property tax exemption, ?" ,..--- , I . I i' I I I I : , ,~ [I...' , i \ ~j ,:~' ~'; CI ~.it i:'[, l. All rehabilitation to historic or architecturally significant structures shall be done in such a manner as to preserve or restore any historic structure to productive use in order to be eligible. The guidelines for determining if rehabilitation does preserve or restore the structure shall be those set forth in the 1990 revised edition of the Secretary of Interior's Standards for Rehabilitation and Guidelines for Rehabilitating Historic Buildings, All additions to historically or architecturally significant structures shall be developed in such a manner as to be architecturally compatible with existing development. Plans and specifications for proposed 4 Near Southside Residential Urban Revitalization Plan \301 J ( "",-.-'" .., -_.._~--,- r-~ o ) . '\ "01 - ---- f" ~tir lf~ 1'''''- 't 1 , ~ ~ ~~ ~J ~ ~ ii !~ 1J f;l rl: , .. II ~ 10 ~J ~il hi r.l?~ 1"" 1;1.. .l;~" [d I'il.' "I;':. r..,,\ (i;~ 8 I.:;';'! [""!' '>1 :\';1; (I.~' :'g,,~ );'J .', \';i~ ',~\.i1 lt~~, ~:~!~- 10, .,' c,\ " c.,' , ", .l.~'l~;~, ,.',!- , I _do. i , , ,:1 I i: , I I I i! , ! ~ i I U "] ',""" " I, I': ~\ I', :C 0 " \'"j .,. , "~ ' . 'P'II' '. '~ , .. ~ 'N.. , ,I I .. -,.,,," "._.. ~':"'~:.!:~::""':;".' .".,::", ',;"';;::';;",,,";':~.~:fJ::i','.~,: ;;,,,'~,c,;,:,'J . .._,' .;Coi' exterior renovation must be submitted to the Iowa City Historic Preservation Commission for review and approval prior to issuance of a building permit in order for the improvements to qualify for property tax exemption, For those properties located in the PRM Zone area, all rehabilitation, additions and new construction must meet the applicable design criteria outlined in the PRM Zone of the City Zoning Ordinance, These design criteria are administered by the Director of Planning and Community Development. In addition, plans and specifications for the exteriors of all new construction must be submitted to the Iowa City Design Review Committee for review and recommendation, The Design Review Committee recommendation will be submitted to the Iowa City City Council for review and approval. The City Council must approve the exterior design prior to issuance of a building permit in order for the improvements to qualify for property tax exemption under this Plan, Time Frame The Residential Area shall remain a designated revitalization area for ten years from the date of designation, Revenue Bonds The City has no plans to issue revenue bonds for revitalization projects within the Residential Area. QUALIFICATIONS FOR ELIGIBILITY Qualified property improvements include rehabilitation and additions to existing historic and architecturally significant structures, together with new construction for all other property defined above as qualified real estate, see II Applicability of the Plan, Land Uses and Types of Construction eligible, II Qualified property improvements do not include new construction that replaces structures identified in this Residential Revitalization Plan as historic and/or architecturally significantly, In order to be considered eligible, all improvements must be completed in conformance with all applicable regulations of the City of Iowa City, and must increase the actual value of the property as of the first year for which an exemption is received by at least fifteen (15) percent in the case of real property assessed as commercial property, or at least ten 1101 percent in the case of real property assessed as residential property, Actual value added by improve- ments as used herein means the actual value added as of the first year for which the exemption was received, TAX EXEMPTION SCHEDULE Tax exemption on qualifying improvements shall follow one of four schedules as set out by state law, Eligible property owners shall elect one of the four schedules, Once the election has been made and the exemption granted, the owner is not permitted to change the method of exemption, Exemption schedules are as follows: 5 Nenr SOlllhside Residentinl Urbnn Revitnlizntion Plnn <~50U - . --~:-~ , '.,. j.,',.','" O ., , , ," , , , ., ",',. . f" , r Q "' \;,:~ " ~ O~ l:liiY1 ,L.' ( ,., ~ \ ~ "..( i , , ' 1 :k Ii' : I \l "1 \1' ~i' III l' ,~'-" !.l___~ " " I ,'" . ~~ \ L ',\", , .~. ~ ", . ., . . ....'....~c:,~,_,;~;__.. ,~, ': .:..' _ _. '. ..c'_..' '~~; :.. '. : .'.. ~ ,.: I:; '~ .'~','::...~ :., : ',:, ,,:,..'..-., '" I '_ ~" 1, All qualified real estate assessed as residential property is eligible to receive an exemption from taxation based on the actual value added by the improvements, The exemption is for a period of ten years, The amount of the exemption is equal to a percent of the actual valued added by improvements, determined as follows: one hundred fifteen percent (115%) of the value added by the improvements, However, the amount of the actual value added by the improvements which shall be used to compute the exemption shall not exceed twenty thousand dollars ($20,000), and the granting of the exemption shall not result in the actual value of the qualified real estate being reduced below the actual value on which the homestead credit is computed under Section 425,1, Code of Iowa (1993), 2, All qualified real estate is eligible to receive a partial exemption from taxation on the actual value added by the improvements. The exemption is for a period of ten (10) years, The amount of the partial exemption is equal to a percent of the actual value added by the improvements, determined as follows: f" , r , I I a, For the first year, eighty percent 180%), b, For the second year, seventy percent (70%), c, For the third year, sixty percent 160%), d. For the fourth year, fifty percent 150%), e, For the fifth year, forty percent (40%). f. For the sixth year, forty percent (40%), For the seventh year, thirty percent (30%), Q g, " h, For the eight year, thirty percent (30%), i. For the ninth year, twenty percent 120%1, j. For the tenth year, twenty percent (20%), 3, All qualified real estate is eligible to receive a one hundred percent (100%) exemption from taxation on the actual value added by the improvements, The exemption is for a period of three (3) years, 4, All qualified real estate assessed as residential property or assessed as commercial property is eligible to receive a one hundred percent (100%) exemption from taxation on the actual value added by the improvements, but only if the commercial property consists of three (3) or more separate living quarters with at least seventy-five percent 175%) of the space used for residential purposes. The exemption is for a period of ten (10) years, RELOCATION PROVISIONS The City has considered provisions for the relocation of persons, including families, business concerns and others, who could be displaced as a result of improvements to be made in the designated Residential Area, Upon such consideration, the following shall be provided under the Residential Revitalization Plan: Benefits Upon application for and the City's verification of a property owner's eligibility for tax exemption, qualified tenants in the designated Residential Area shall be compensated by the 6 Ncar Snulhside Rcsidcntial Urban Rcvilali7.l11ion Plan '30 I J -,",. ". ',.. : .-....-, -~ - ,'0 ".]~:" '. I , [" .'~ ,0;. ",,' , 10, . .',.,..;' ":. ,'.".' II ," ~/" ~ ',-' .. 1':'1': .'" , ,,:::'::'\'~,:'~'il~ . , , ~ : ..' " ,:':' . . ".." , . ...' . " , i i I I I . , , . ,; .~.;,. ',";' ' " ;','; f" , ';"'_'::""'~"""H~""" " "" " .". . .'.. C'.. ,:, ,.."..;.;:,:.:;:,..,;;:.;.; ~:~~L.:.',:,:,,;,~~;:~;:~: ,>~.""L ,~~,~:':1.':.:.;1 ;'~-';~',,}~'s'J.:.'5.Jii.::';'E';';'::J ;;:,:,:.'.i~:;.1 ;~~;'o:;.'':':J r~I~..~;:;;;t.:< i.w,~i~.I';':,;.'. '.;.. ; ":".J,'., c :", ~ .. ,'~ :,1 ',~ ,:; :',J~.',;~:;,~:'-~,. o",o~'rr property owner for one month's rent and for actual reasonable moving and related expenses, where said displacement was due to action on the part of a property owner to qualify for said tax exemption, Eligibility "Qualified tenant" shall mean the legal displaced occupant of a residential dwelling unit which is located within the designated Residential Area whereh the person or family has occupied the same dwelling unit continuously for twelve (12) months prior to the City's adoption of this Residential Revitalization Plan. There are no relocation provisions made for displacement from commercial units, " Actual Reasonable Moving and Related Expenses A qualified tenant of a dwelling is entitled to actual reasonable expenses for: a, Transportation of the displaced person and personal property from the displacement site to the replacement site, Transportation costs for a distance beyond twenty-five miles are not eligible. b, Packing, crating, unpacking and uncrating of personal property, c, Disconnecting, dismantling, removing, reassembling and reinstalling relocated household appliances and other personal property, @ d, Discontinuing, transferring or reconnecting utility services, including cable television, Least Costly Approach (, k (" \ The amount of compensation for an eligible expense shall not exceed the least costly method of accomplishing the objective of the compensation without causing undue hardship to the displaced tenant and/or landlord, ,!, a I I I I I I I , I I :1 II i~ II ~ f I, F', r[ 0 ',' \'" -~.~~_.'" <-. ' 1" J ~~:.._,- I).... !,' , ,I,,' '::-.Oi: :,,:,':' ',:;;':;'" .'.. .,'.' ,'/' "".,., NCIIT Southside Residential Urbnn Revltali7.alion Plnn \ ,~,~JJr ,1 '/ c. I~ '~} to, 7 ""'." ,",,",. ~, r~"'..i' .. "".0 '~:',' . " -, .~ C~: \ t:d ! ! !-o, i,[b I ' I \ , ~I'/:1 ,,}'1. .., ('( . f\[J c--; " I ,1'.1 " ',,' . ", ,',,~-",c ," . , , ". ,~t \, \'l ~ '", ,',.. .~, .,. , , ". f" ..,' .' " '.': ~, '. \'," .', .:~,;" 'J~', ~:~, :',; IC':..: ,.;""...',01 ,',,' .".:. .~" r,\ ~""'._,.<'N ''',' ,-,,_ ' SECTION 3: r i I I ! FEDERAL, STATE OR PRIVATE GRANT OR LOAN PROGRAMS AVAilABLE FOR IMPROVEMENTS Community Development Block Grants (CDBG) CDSG monies are federal funds which are appropriated to the City of Iowa City on an annual basis. Use of the CDSG monies must benefit low or moderate income persons. Federal Tax Credit for Historic Structures The federal government provides a federal tax credit for rehabilitation of properties listed on the National Register of Historic Places, HOME Program HOME funds are appropriated by Congress to the Department of Housing and Urban Development (HUDl for housing activities, In Iowa City, these HOME funds are allocated through and administered by the Iowa Department of Economic Development. As with CDBG, HOME funds are designed to provide housing assistance to low and moderate income persons, Iowa Finance Authority Low Income Housing Tax Credits and Housing Assistance Fund Program Flexible financial programs that are intended to increase the supply and development of affordable housing for low and moderate income Iowans by providing low-interest loans or grants to eligible projects are available, together with federal tax credits as an incentive to investors in affordable housing projects, Q. .~ Federal Home Loan Bank IFHLB) Affordable Housing Programs A program to assist FHLB members in meeting the rising demand for decent, affordable rental or owner-occupied housing for very low, low and moderate income households is available to provide direct grants to the lenders to write down the interest rate on mortgages for affordable housing projects. ! I i 8 NCIII Soulhsidc Rcsidcntilll Urban Rcvitalization Phlll "~~I{w.,, , ~. . ,/~ , rD. ~', R::-. - .,' -~_" '.",j..,'..:".,',.' IliX , ".0 , ).,'". .1l'\\}:El!',:' ',. ,",'rl," .~, ,,-" " " t ( c,;.o; \ ~ , (, (! \:', , ..".)~~;\'l:.-::'," ~. .. .,',.' ."'" " .' .;'-- ',' , .' " SECTION 4: PRIOR APPROVAL OF ELIGIBILITY AND APPLICATION FOR TAX EXEMPTION A person may submit a proposal for an improvement project to the City to receive prior approval for eligibility for a tax exemption on the project, pursuant to Section 404.4, Code of Iowa (1993). An application shall be filed for each new exemption claimed and approved by the City Council pursuant to Section 404.4, Code. The City Assessor shall physically review each first-year application pursuant to Section 404,5, Code, SECTION 5: AMENDMENTS TO RESIDENTIAL REVITALIZATION PLAN Once the City has adopted the Residential Revitalization Plan herein, the City may amend said plan, but only after a public hearing before the City Council, Notice of said hearing on proposed amendments shall be published as required in Section 362,3, Code of Iowa (1993), provided that at least seven (7) days' notice is given, and that said public hearing is held no earlier than the next regularly scheduled City Council meeting following the published notice, SECTION 6: REPEAL OF ORDINANCE When in the opinion of the City Council the desired level of revitalization has been attained or economic conditions are such that the continuation of the exemption granted by this Residential Revitalization Plan would cease to be of benefit to the City, the City Council may repeal the ordinance establishing the Residential Area, In that event, all existing exemptions shall continue until their expiration, Approved by i i I i~ ~ ~; r ,l,' , 'i f" (I' ~' " CO" , " t, , , _: . .. ,< ~~.__.- ity Attorney's Office 'A~'LI- /~'/7j fY OCOdOV\lossurp.nss 9 Nenr Soulhside Residential Urhan Rcvitnli7Jltion Plan ,..",.~IJr'- .'s ", ~~" , ..,.~ , -~\-, -",'"").,.,'"....,.,...,,.,..,"...,...;..,.,'" , . ",', '..", ,', ",,'.', "\' ?~'O..,;" >::' "." , , ',' i..., ';,'," .. .'." ..'.. . , - ,.', l I I I I I I F.\ \:}J '. IOi ,jB:~ , .. ,_......... ,( [ ~..\ \., " ~A , , \ . '1 d . I" I I I" ,;., I I' i I: I III : i III : I, . ! I , I' : f' ,I !, i' : l I ' " I , \ ), , ,." , \'---.... ". r- .l .\('~~"o " " . ;-', :. " ,.t\l I:" , .. '" , ~ , '''.. , .. ',,:...-. r ,,,"-"'..,::__. ,',:_ ,,'. .., ,:;, ....,,',:_.,.,: ... ..,.,.-..' .',;..:. ,~':.",,_ .. .;..':C;:. ':""";",,. ".. v,,;'. '. ".. ",<. NEAR SOUTHSIDE Addendum Rl RESIDENTIAL REVIT ALIZA ilON AREA MAP D D c=JCJ c=J DDDDD BURLINGTON , ! ; I ! .. &.~ , 3 I I I 2 1 3 COURT - , - - , 3 Cwl 2 I i - House Federal - BUl7ding - HARRISON ~ ~ cl c: '-f.- ~ 8 g ~ ~-Cl: 6 ~ 7 12 ':1 ~-lM ~ it ~ ~ - Ill_=::! 0 .../ ~ (1 d e t.!> P~ttQ; 0 ~- = II t ,I I ) I~ 21 - -n-' II I li .[Jl. IE ,'" " ~ ,," ~" Ji - I ", I ~ (j "\ 1 I 1 1 B 22 LJ! l.-.. ~ .., ~~'\'\ LAFAYHTt ~ t'\~ / LL- a "-I t'\" ' 25 26 27 28 i --~-~ Map depict. exiltinq parcels within urban revitalization area. - , . . u. T ' .. ~; 0 )~.: '30 II I ". /1;" " ~.,~ - ..' r , I , I ~ [1 I ~ III ~, I I "Ill. " '.' . ".' . T' .1D"ij"'3f ." ! - , .' '_'.~t :,~'i.'. . ~ ,. ',' . ' , ,~. ,',-' \ , 'w~ f" .' " . .,-.:,',..,.'... .: " .:..' ,..,', ,::, ..c::.... ..,;~.'."." ~~'_:. ;~_ :.:.:..,~:.,;.:,'.':..::.,.;.~~.";~;,~~""'(.<,.,~;..:.:.:;':..':.',":,..... ,.-,:.., ,,;:; ,..~'-r,;_,~ ,~.:",..:...-; .:. ;. .. " , ..,,' ,;, ' ".' '..' ,-' -, N EAR SOU T H SID E Addendum R2 REDEVELOPMENT SITES ~UUUUUL OORU<<:TOH sr, 8J COIJRT sr. J' EJ n,,~ ~ Housr BUu.:mC , " I ~ IWlllISOH Sf, J.. "~"~~" ~ ! PROOlSS Sf, ' r JI · ~i"! i~~ " BOWERY .-== sr.== ~~ ' ~ -. ., _ _ _ _ IJiAmrE ~ ( m" .[ \ 25 d , IEHlOH sr, I lnnnn~~ I , , I I SCALE p- .....J o 400 : LEGEND I 'i. :s YEARS . VACATED STREETS :--) '. 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".,.. - .'" ,.., NEAR SOUTHSIDE ' Addendum R4 RESIDENTIAL REVIT ALIZA TION AREA MAP 0 r m EXI~T~G ZO~~ CJ ! ! I .0 0 0 0 0 I , !L. BURLINGTON . I ~: ~ I i , , c 3 I I I 2 I 3 COURT ..jiiiiii - - 3 COIJ'! 2 I i - Houss Federal - BUIlding ! - , I~~ ~ 1 ~ , HARRISON I I I.. - ... ! ~ -J ~ ~ ~- ~ 6 ~ 7 8 ~ ~ ... , ~ ~- it ~ ~ ... ill_ =:::! ~ 0:(, d -J E! t!) t> l:l ~- = PRENTISS II L. I t 21 ,. ~ I ,l! {JL li ,,\. \.' "-. ~ ,,~ '" m' I: ~ I .'\.\.' III I If 1 "\ I I I t::1 PM ZONE =::::::::: : i . CBm2 ZONB , ~,w ; LAFAYETTE i , i 25 26 27 28 W ~__~ ( /t~1 I ~ 'c_~~ ~: 4 :':"'" 1 )'".,'.".." .' , " '0 " ",' , ' , , ~ ' . , ,.' r, r :~~~]J .{ , \ ',~r" : ' ! i " ,..;' , " '... . , ,:';:'I:'.';:'''~:'':' .' .... '.',.' ',,"" '.' ~'-.'...,.." _,.,.".,~..., ~,i ,'___'.. NEAR SOUTHSIDE Addendum R5 RESIDENTIAL REVIT ALIZA rlON AREA MAP D EXISTING LAND USES - ] D - D I I ,I I LJ D ~... , BURLINGTON ~ 3 I I I 2 I 3 COURT ...:.:.:.:....... 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I 21 - :.:.:.:.:.:.::: ................. . .:.:........... .'.:.:.:.:.:.:.:-: :.:.:.:.:.:.:.:.: ::::::::::~::::: .:.:.:.:.:.:.:.:. .:.:.:.:.: .... ................. .......... 1!1ij!jiji~~~I :.:.:.:.:.:.:.:.: :.:.:.:.:. ~ ~i~ ................. ~ :::::::::::::::::: I .:.:.:.:.:.:.....' ~ ~ /: - I ,,-\ I III ~ I ~ /I ,~ I I III \ COHereial - (Rltail/Office/Non-R..idantial) - ~ I , 1::...........:;1 Residential ~~' ...........:.:.:. - III commercial , Residential - , . "" , ,.. , 25 Ro1iqioul , 26 . I i{' ' ~, ' I UU UWrWLU\L : - ~.. 0.'),',' , - '---:,-,,';-"" ,'. ~Oll '1' ,'..' ...,15 T- f" ~ ~ 10 . ,10, "",.,....;:'. I' ~~ii1~.:: ~' ; ,::, '.;~; '", ': , '." "'. . ,;;':'.'~r;,: 'ii' , "j) '..', .:..' .,. , ".' . ,. Item No. 9 Land Uses , The Residential Revitalization Plan applies to all qualified real estate assessed as residential property, and also includes property assessed as commercial property but only if the commercial property consists of three or more separate living quarters used for residential purposes. Both of these categories of qualified real estate must provide housing for low or moderate income households in order to qualify. m_1'M0'1iil<"<<'<<"\if'*''*'<<fiW.T''J;tr~1&<<<<b<<*''\f!tt:IlI'''i<<1\!Wfu.<<'~w", _$klltia;gp>>;Mi$m!lkg~9dBl\\I~MWlMt$.f19.a ~'=':l;;,,>>>>>>m.''<<<<-:-~;~:::>\~'>>~tf~~~~~'='lrww,.:.::m:D:-''*W@:'='=-:::->>Y.'YIM~~,:-,\y.'~ar~d'=*>>;~;r:1!n~f:~:~>>>:/h~:<<~.v.':-S'.r./.>>>:,m>>:~~H1A~.::::>>>"d clI,,;Wl!ft$WJ~;aR$i+~&.;Il."lfu,b,@~tiPJ&__~:,:,,%Jt~,Mtil1P~ffilt_\f:tki:$2$ ..~~"''"'"-IB'' ~=~="'---'~'mfj~--<<'-'"~.'~'" '~~' ir~'a "'Ies~a..~lJlflanm\l%i;'tfiaJ;<*\fi'nttl:iii1onWime'(;hiirtNPth'I;H@.J:'bYt1mb'Q.1M~ttt'El%fiLttitldfu~ Iti;wmi. ' '""'iitiiiiif.ia;d!,,t ' "''!i$Jt!!!t!IW.'<<'':''i'dtJbiiiml&\'ii,,,,,;d&"'<!@,^':'';j:'','b.~,,",.,j,j!$,,,,,,,'wWfi$;.W .0;""--",:""":,,*,.,,,'%&.,,,,<,,,,_,,,,,,, WOnlf:eff61HW},Aii\t~gitftft'$!Fidrai1;;tY1b1W€1fJ?''IDH1;'\~*1*;~3l1ftf1t7~W._0gSfgtff"'f?:irS'fl ~~M~'W~::;::ii:m>>~J.ij~~:*~:::~~m:k)::::::;;;:w;:.<;~~~tt';:',.;:::::::::X:~:::;:'_;;:-J..:;:.~::i~x~~~:6~~*;:;~$;:::;:.',;;~M_i~~;H*~;;w::'j~~g't>>.t:::;'::;:'iWf*~>;::;*;~'X~N~2ti:;;f::::~xU iiKtlJ?lt\'6W€%lltJ!Shli IILow or moderate income households II means..,.... l:<<~t.;:;:;m<<mB~k:;:;::l4iW:~:'-,:<:::::(<<W~~:;:::::::;;:$ f:\...\urbanrev\naa\kubb1213 ,r n 1~ ("'.' \ " ',~":-( I' : I I I ~ I ~o\ \ ...',,\...,..\ o <, \' , J' , ' ,I, '~ 'r''-''''':',' ~/'5',. " Id, .:z:d3:d q, ( ":"lI ( ~. \ ~ "', ' I Ii. ," I I I ! , I : (;'. !'"" , , , I \ ~~ ~.~f I, , l. ~, ''. ~~: c-;- " . .,. , "t' ''.\1" '.... ~ '~..., .,:.',: POSAlS FOR IMPROVING OR EXPANDING CITY SERVICES The City Council ha evaluated whether a need exists for improving or expan ng city services within the Residentl I Area including, but not limited to, transportation acilities, sanitary sewer, solid waste co ction, maintenance, park facilities, and police an fire protection, The City Council has conclu d, through adoption of the NSS Plan, that str tscape improvements and other public spaces i the designated Residential Area would en ance the redevelopment of said Area. The City Cou cil has also concluded that redevelop nt of the Residential Area will generate the need for a ity-owned parking facility, either thin the Residential Area or in close proximity, land Uses The Residential Revitalization Plan ap ies to all qu ified real estate assessed as residential property, and also includes property ssessed as commercial property but only if the commercial property consists of three 0 more eparate living quarters used for residential purposes, Both of these categories of qu ifi real estate must provide housing for low or moderate income households in order to qua' ." low or moderate income households" mean those households, including single perso Ii use holds, earning no more than 80% of the higher of the median household income f tli county as determined by the latest United States Department of Housing and Ur n Deve pment, Section 8 income guidelines, The provision of housing for low or moder. te income ouseholds shall be ensured by the use of deed restrictions requiring continua on of units a affordable to low or moderate income households for a minimum of fifte (15) years, or t e term of afford ability conforming with the requirements of any federal pr. gram used for a pr 'ect in the Residential Area, whichever is longer, Only the residential rtion of a structure a sessed as commercial property shall qualify for property tax exemp 'on, However, any reuse 0 a historic structure which has been assessed as residential or co mercial property shall be c nsidered qualified real estate, Eligible construction in udes rehabilitation and additions to ex ting property determined to be historic and/or arc Itecturally significant by the Iowa City Hi oric Preservation Commis- sion, and also includ s new construction for all residential proper y defined as qualified real estate, However, r habilitation of and additions to historic and/or rchitecturally significant structures are eli ble only if said rehabilitation and additions beg after adoption of this Residential Revit Iization Plan and the corresponding Ordinance, "Ne construction" means buildings constr. cted after the date of adoption of this Residential Revi lization Plan and any subsequent a itions to those buildings, New construction that replac existing structures which are id ntified herein as "historic and/or architecturally significan " is not eligible for property ta exemption, All rehabi tation to historic or architecturally significant structures shall b done in such a manner ,as to preserve or restore any historic structure to productive use in order to be eligible/ The guidelines for determining if rehabilitation does preserve or restor the structure shall be those set forth in the 1990 revised edition of the Secretary of Interior's tandards for Rehabilitation and Guidelines for Rehabilitating Historic Buildings, All additions historically or irchitecturally significant structures shall be developed in such a mann as to be architecturally compatible with existing development. Plans and specifications fo proposed 4 Near Southside Residential lJrhiln Revilalil.l1lion Plan ~O,' - - 0, ).. - .-. = f" ''- .- I .' ''\ ," ,.,.1; I ;'4 ~ ff 11 ~ ~ ~ ~ I ,n r ~[1 301~ I '. Co. " ..) ~ ~, " . , . " ~t:,'1 . " " , ..r.k7~':":.1 .,. , ''; , ~ ." . \0 1'1\1 RESOLUTION NO, 94-359 RESOLUTION AUTHORIZING THE PREPARATION OF A DESIGN PLAN FOR THE NEAR SOUTHS IDE NEIGHBORHOOD AND DECLARING THE COUNCIL'S INTENT ON THE ALLOCATION OF INCREMENTAL PROPERTY TAX REVENUES WHEREAS, the City Council of the City of Iowa City, Iowa has adopted the Near Southside Neighborhood Plan, the Near Southside Commercial Urban Revitalization Plan and the Near Southside Residential Urban Revitalization Plan; and WHEREAS, to ensure that the design of development projects within the Near Southside Neighborhood (lithe NSS Neighborhood") comply with a design concept envisioned for the NSS Neighborhood, the City Council has identified public improvement projects that the Council wishes to see considered as part of the NSS Neighborhood; and WHEREAS, in order to implement the design concepts envisioned for the NSS Neighborhood, the City finds it in the public interest to develop a design plan for said Neighborhood; and WHEREAS, the City Council anticipates financing certain public improvements in the NSS Neighborhood, and further desires to demonstrate the Council's intent to assure that a minimum of seventy-five percent of the future incremental city property taxes levied and collected each year on property receiving property tax exemption within the NSS Neighbor- hood, or an equivalent amount from other funding sources, be used for public improvement projects within the NSS Neighborhood, NOW, THEREFORE, BE IT RESOLVED BYTHE CITY COUNCIL OF IOWA CITY, IOWA, THAT: 1. The City Council directs City staff to begin the process of hiring a consultant to prepare, for Council approval, a design plan for the twenty block NSS Neighborhood, which shall include the following elements: I ( J .~ \ a, The design plan shall provide for public spaces. Such public spaces may include a pedestrian mall, an outdoor reflecting pool/skating rink on the new mall, neighborhood open space, a creek walk, and other well-placed and well- designed sites for public gathering, \ Y.'J , , , , ' b, The design plan shall include improvements designed to encourage pedestrian use of streets and walkways in the NSS Neighborhood, including elements that make public areas more accessible to people with disabilities and also make Burlington Street an easier, safer and more attractive street for pedestrians to cross. c, The design plan shall propose revisions to City zoning regulations in a way that will prescribe design elements which create a 'unifying sense of place' through architectural design and public improvement projects, : ~ I, : I '\ ~'.i "J d, The design plan shall anticipate mixed-use redevelopment for the NSS Neighborhood south of Court Street at a scale appropriate for this residential area, including predominantly residential development integrated with small scale commercial enterprises such as restaurants, outdoor cafes and small shops, The plan shall also indicate techniques by which public improvement projects can promote and encourage such redevelopment. ,~"~,,,'!J. 'f., ! . i r-. - ~'=- ... 1L.-..~__ - ~,' -'"--- o. :j:, -~ ,.. - f" , 'I" ';',;!( ~'f o . III . ''.. .-.., .~a}.~i1 '," ".,.,j;:'" \'.;';'.; .,},;'.,,',,:.', ;' l.;-..,.' , " C~J: \,' ?,'~ If 'Ii II , I" ! .. ~",.~/,:J,."l,.""',! f\ hl~' ' 1'1 -~ ( ~' " ~"j" ' , ~' . ,",~t\: I ~ .:' ..'~,'~ , , ,~' ',:',., l '~Al ..' . " , , ,',:, ;'.':.:"...::, \,: ~ ':.:~ ~",. " " i'~~i, Resolution No. 94-359 Page 2 e, The design plan shall define suitable locations for public art, and shall define a process by which suitable art can be commissioned and produced. 2. The City staff shall propose to the City Council by January 31, 1995, a process by which the design plan will be prepared and implemented; and guided by Council response, staff shall issue a Request for Proposals to be submitted to design consultants by March 1, 1995, with the intent of a design plan completed by December 31, 1995, 3, In order to carry out the City Council's goal of providing City support for the design concepts and goals envisioned in the NSS Neighborhood, including City.financed public improvement projects which create a 'unifying sense of place,' the City Council directs City staff to establish an administrative method of assuring that seventy-five (75%) of city property taxes collected on the added value of improvements from each NSS Neighborhood property receiving property tax exemption, or an equivalent amount from other funding sources, shall be allocated to a Near Southside Redevelopment Fund, For purposes of this resolution, city property taxes shall include only those taxes generated by the city's general tax levy; and as set forth in the Urban Revitalization Plans adopted contemporaneously herewith, these taxes shall be collected for a ten (10) year period beginning with the first year of the tax exemption schedule selected for a qualifying property, I Passed and approved this 13th day of December ,1994, r I , i ATTEST: ,7JlaA~d~.0 f~) CITY RLERK ~ClA1In'~/5 MAYOR - APprove~ , 4 WIito ity Attorney's Office ~;/ffL It was moved by Throgmorton and seconded by adopted, and upon roll call there were: the Resolution be Pigott AYES: NAYS: ABSENT: x X X X X X x Baker Horowitz Kubby Lehman Novick Pigott Throgmorton , ocodov\nsspllln,ros i- -~ "\1"1 ,~-r . ')."~:",.'" , , ,'0' ..',,' ,.;.. ,,".., ", ','," ;"", 1\:;/::"" ", ",.", ; 301~ ,. ';" ~:', ::';,,' " I \\ . l ~ ," J' S I, 0, .rr:z&:] \\)' .....:- ,( ,,-..01 " \ ~ ~'" , . .r" r r ) I' I I I i I I , , I I ; 1 1(,': ii'" : j ~~\"ey'i \,'.... ", , "(,,~' t'!,.,~,~,;;, 'j\ '1 1. \, .->'"' (-=0 ~()l ~ T 'I) " ,.,,: '..,' . ii' , ~, , ',~t\' , . ,\1'1 .~' ,,:, ~ 'M.,. ,'d.''''. .',~ '. :. ,: ~. :' . RESOLUTION NO. RESOLUTION AUTHORIZING THE PREPARATION OF A DESIGN PLAN FOR THE NEAR SOUTHSIDE NEIGHBORHOOD AND DECLARING THE COUNCIL'S INTENT ON THE ALLOCATION OF INCREMENTAL PROPERTY TAX REVENUES WHEREAS, the City Council of the City of Iowa City, Iowa has adopted the Near Southside Neighborhood Plan, the ear Southside Commercial Urban Revitalization Plan and the Near Southside Residential Ur an Revitalization Plan; and WHEREAS, to ensure tha the design of development projects within the Near Southside Neighborhood ("the NSS N ighborhood") comply with a design concept envisioned for the NSS Neighborhood, the Cit \Council has identified public improVem;tet 'rojects that the Council wishes to see consider-ed as part of the NSS Neighborhood; and WHEREAS, in order to imPleme~he design concepts envisioned for tl) NSS Neighborhood, the City finds it in the public inter~t to develop a design plan for ,tcJ Neighborhood; and WHEREAS, the City Council anticip~IlS financing certain publiJmprovements in the NSS Neighborhood, and further desires to ~emonstrate the Counc/s intent to assure that fifty percent of the future incremental city \ roperty taxes levi e and collected each year on property receiving property tax exemptio within the NSS eighborhood be used for public improvement projects within the NSS Nei, hborhood. NOW, THEREFORE, BE IT RESOLVED BYT CltT UNCIL OF IOWA CITY, IOWA, THAT: 1 , The City Council directs City staff t be in the process of hiring a consultant to prepare, for Council approval, a design n for the twenty block NSS Neighborhood, which shall include the following elem ts: a, The design plan shall provi, e for ublic spaces, Such public spaces may include a pedestrian ma~II' n outdo r reflecting pool/skating rink on the new mall, neighborhood open pace, a cr k walk, and other well-placed and well- designed sites for pUbJ gathering, The design plan shaJ~nclude improveme ts designed to encourage pedestrian use of streets and/,alkways in the NSS ighborhood, including elements that make public are~s more accessible to pe Ie with disabilities and also make Burlington Stre~t an easier, safer and more ttractive street for pedestrians to cross, / , / The desiglplan shall propose revisions to City zo 'ng regulations in a way that will prescribe design elements which create a 'unify n,g sense of place' through architectural design and public improvement projects~', ThleSign plan shall anticipate mixed-use redevelopment for the NSS Neighborhood south of Court Street at a scale appropriate for this residential area, including predominantly residential development integrated with small scale commercial enterprises such as restaurants, outdoor cafes and small shops, The plan shall also indicate techniques by which public improvement projects can promote and encourage such redevelopment. b. c, d, . . - A~__ _ o )", 1'" , t I , iCl ;":'1 h" ~'f&~;\~ ,1 "'-' \~ r ( (" \ di ';-f' , ' i I , I ~ ~ , " ~' I;.' ~, C i "'0 l ' , ' ' , -- " \,..'j. .,. , . ,':';'.~t~,\\~" . , .. <I":",, " " .\,' , Resolution No, Page 2 f" 'f ~, e, The design plan shall define suitable locations for public art, and shall define a process by which suitable art can be commissioned and produced, The City staff shall propose to the City Council by January 31, 1995, a process by which the design plan will be prepared and implemented; and guided by Council response\ staff shall issue a Request for Proposals to be submitted to design consulta~~s by March 1, 1995, with the intent of a design plan completed by December ~ 1, 1995, In order to ~C!y out the City Council's goal of providing City support for the design concepts and g'~als envisioned in the NSS Neighborhood, including City-financed public improvement protects which create a 'unifying sense of place,' the City Council directs City staff to estab~sh an administrative method of assuring that fifty pe cent (50%) of city property taxes collected on the added value of improvements f m each NSS Neighborhood prope~ y receiving property tax exemption shall be all ated to a Near Southside Redevelop ent Fund. For purposes of this resolution, c' y property taxes shall include only those axes generated by the city's general tax I y; and as set forth in the Urban Revitalizati n Plans adopted contemporaneously erewith, these taxes shall be collected for a te (10) year period beginning wit he first year of the tax exemption schedule selected for a qualifying property, 2. 3. Passed and approved this ATTEST: CITY CLERK It was moved by and seconded b adopted, and upon r711 cal, here were: AYES: NAYS: I i t= / , / / ocodovLn,;" , ,','I,,' ,:{" " ~, , '~--- ~r___, L' .... " ,1994, Approved ~ ~~V~ City Attorney's Office /~)/?y the Resolution be Baker Horowitz Kubby Lehman ovick 'gott T ogmorton j, ~ r I '. .301~ ','''',,''', "', '1"" 'd. ,;" ".\ r?" ~, :"ll.< '" 10',