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HomeMy WebLinkAbout2004-03-25 Info Packet~ CITY COUNCIL INFORMATION PACKET CITY OF IOWA CITY March 25, 2004 www.icgov.org IP I Tentative Meeting Schedule and Work Session Agendas IP 2 Memorandum from Assistant City Attorney, Andy Matthews: Burlington St. Bridge Project/EPA Former Manufactured Gas Plant (FMGP) Site IP3 Agenda: City Council Economic Development Committee: March 30, 2004 PRELIMINARY/DRAFT MINUTES IP 4 Public Art Advisory Committee: March 4, 2004 ~ City Council Meeting Schedule and I 03-25-04 I Work Session Agendas IID,'ll C~TY O~ IOWA C]T¥ ~ www.icgov.org TENTATIVE FUTURE MEETINGS AND AGENDAS I e MONDAY, APRIL 5 EmmaJ. HarvatHall 6:30p Council Work Session · Planning and Zoning Items · Agenda Items · Council Appointments · Council Time · League of Women Voters Presentation · Council Laptop Use and Upgrade · Scheduling of Special Work Sessions (evaluations) · TUESDAY, APRIL 6 Emma J. HarvatHall 7:00p Formal Council Meeting MONDAY, APRIL 19 EmmaJ. HarvatHall 6:30p Council Work Session · Planning and Zoning Items · Agenda Items · Council Appointments · Council Time · TUESDAY, APRIL 20 Emma J. Harvat Hall 7:00p Formal Council Meeting · MONDAY, MAY 3 Emma J. Harvat Hall 6:30p Council Work Session · Planning and Zoning Items · Agenda Items · Council Appointments · Council Time Meeting dates/times/topics subject to change FUTURE WORK SESSION ITEMS Regulation of Downtown Dumpsters DATE: 03/25/04 TO: City Council FROM: Andy Matthews, Assistant City Attorney~/~'~ RE: Burlington St. Bridge Project / EPA Former Manufactured Gas Plant (FMGP) Site This memo is provided pursuant to Council request for an update regarding the above-referenced project. The bridge replacement project is progressing as planned. Pad of Burlington Street will be closed on or about May 17, 2004 for bridge reconstruction and widening, and the project should be completed by August 16, 2004. Existing bridge foundations will be utilized, as will the existing structure; the bridge deck will be removed and replaced with a new deck. While there will likely be some excavation along the creek bed during this project, the approach being utilized is intended to minimize the need for any significant digging or drilling into the ground, and will minimize any risk of disturbing any contaminants which may be in the vicinity of the project. The excavation is required for underground utility construction of storm water, watermain and sewer main facilities. Earlier this year, an underground storage or holding tank which is partially underneath Iowa Illinois Manor was examined, and the material in the holding tank was removed and replaced with concrete. Examination of the material revealed that it had likely last been used as a septic tank. EPA does not believe that the material found in the holding tank relates to any site contamination. With respect to the FMGP site, EPA officials note that monitoring wells located significantly away from and south of the site are picking up contaminants and officials are still trying to track down the cause of such contamination, but indicate that it may not even be related to the FMGP site. EPA notes that there are contaminants in Ralston Creek (in the sediment) in the area of the site, which involve coal tars, but that it presents no health risk to people. While EPA has not established definitively whether there is an on-going source where such contaminants come from, they believe it comes from the site. Mid American Energy Company, pursuant to an earlier administrative order on consent, submitted to EPA a site characterization and risk assessment. This repod is being updated to reflect recent activities relating to the removal of material from the holding tank, as described above. With such update, Mid Am will have met its commitments under the consent order, and it will be closed out. Negotiations are continuing between the parties relating to a feasibility study for remedial activities that would be contained in a subsequent consent order. Any potential remediation action will likely require further analysis of the creek area, groundwater, and soil, to address these areas of concern. It is possible, even without any further "removal" activities, that as part of a feasibility study, there may be long term monitoring of monitoring wells, air sampling, and possible institutional controls relating to the subject property. EPA hopes to have such an agreement in place by late spring or early summer. On a related note, the Iowa legislature is contemplating legislation requiring landlords to disclose cedain information relating to the environmental status of rental property. The bill, Senate File 2266, is the successor to Senate File 2074, introduced by Senators Bolkcom and Connolly, and would require that landlords disclose to tenants in writing at or before the commencement of the tenancy if the property is listed in the comprehensive environmental response compensation and liability information system maintained by the EPA, if the property is listed on the registry of hazardous waste or hazardous substance disposal sites, or if the property is enrolled in the land recycling program. The bill passed the Senate on a vote of 47-0 and is presently being studied in the House Judiciary subcommittee. if you have any questions, do not hesitate to call me. cc: Stephen Atkins, City Manager Dale Helling, Assistant City Manager Eleanor Dilkes, City Attorney Marian Karr, City Clerk Rick Fosse, Public Works Director Ron Knoche, City Engineer Ross Spitz, Civil Engineer 2 AGENDA City of Iowa City City Council Economic Development Committee Tuesday, March 30, 2004 1:00 p.m. City Manager's Conference Room City Hall 410 East Washington Street 1. Call to Order 2. Approval of Minutes - January 26, 2004 3. Discussion and Recommendation - Request for Tax Exemption - 119 Iowa Avenue 4. Review and Discussion of 2004 Economic Development Strategy 5. Adjournment MINUTES ECONOMIC DEVELOPMENT COMMITTEE MONDAY, JANUARY 26, 2004 - 5:00 P.M. LOBBY CONFERENCE CENTER Members Present: Ernie Lehman, Bob Elliott and Regina Bailey Members Absent: None Council Members Present: None Staff Present: Steve Nasby Others Present: Pat Guard, Irvin Pfab, Joe Raso and Josh Schamberger CALL TO ORDER Ernie Lehman called the meeting to order at 5:00 P.M. CONSIDERATION OF THE DECEMBER 17, 2003, MINUTES MOTION: Bailey moved to approve the minutes as submitted. Elliott seconded the motion, The motion passed on a vote of 3-0. ORIENTATION- DISCUSSION OF ECONOMIC DEVELOPMENT ISSUES Chairperson Lehman started the meeting by saying the focus of tonight's meeting would be on getting familiar with what the Economic Development Committee does. Nasby said the purpose of the meeting was to have an orientation session and talk about some of the things the City does on its own, and also things done in partnership with various organizations in the community. The evening's packet contained some history of the City's Economic Development's policies and strategies. Revisions to the 1999 Economic Development Strategies are almost completed, and will be available for review soon. Nasby discussed the City's role in working with other organizations, and how they keep in contact so as not to duplicate efforts. Three areas identified in the City's strategy are retention and expansion of businesses, entrepreneurship and business attraction. Other areas include tourism, work force development and downtown development. One of the "products" put out by the City is an annual community profile. This information is also on the City's web site, under the "Business" tab. Another handout was a guide to opening a business. This targets the smaller entrepreneurs and those looking to locate in the local market. The Small Business Development Center keeps these on hand for clients as well. There also is a pocket check -list to go along with the guide. There is also a brochure available that outlines the financial programs available through the City (e.g. Tax Increment Financing, Tax Abatement\Tax Exemption and CDBG funds). Lehman commented on the Committee making visits to local employers to get their input on the business climate in the City. He said past visits have been very productive, and comments regarding City staff help have been very positive. He also discussed the ICAD relationship and how well it works. Raso discussed the ICAD group, and how they work with City staff and the Economic Development Committee and the other organizations. He said there are several areas of concentration: retail development, public policy development, tourism development, work force development, entrepreneurial development, and service sector development. He then discussed ICAD's focus, which is not just the City of Iowa City, but the entire region as a whole. He reiterated how communication is key to everyone working together. He then gave everyone some handouts to review, and discussion continued on the various areas of growth that ICAD targets. Chairperson Lehman asked Raso to discuss the Tech Corridor concept, and why it came about. Raso talked about the regional aspect of this, and how since the early 1980's this has been moving forward. He outlined how the various cities, as well as the University, work together to bring business to the area. Bailey asked for a broad overview of what Raso sees as opportunities and challenges over the next five Economic Development Committee Minutes January 26, 2004 Page 3 years. He said Iowa City still has an image as a hard place to do business, and that this is why communication is key. The biggest challenge he said is making sure we continue to have leadership that sees the growth beyond the borders of Iowa City. Discussion continued on the various functions of each of the following: Chamber of Commerce, Convention and Visitors Bureau, and ICAD, and what type of contact they get from the public. The benefits of the area were also discussed. Rase wrapped up his presentation with an emphasis on entrepreneurial development, and public policy. Guard gave the members handouts from the Chamber of Commerce, and discussed just what the Chamber is and what they do. He emphasized the opportunities that are available in the area, and how important it is to tap into these. Guard also discussed the Corridor Committee, and how the various cities involved have come together to discuss the growth issues in the area. He said a group will be traveling to the State Legislature, and that this is an area of focus for them as they work to get the area known within the State circles. Everyone then discussed the opportunities in the area, and the desire of people to move here, or to move back here, and how these organizations can help in that effort. Schamberger had handouts for the group, and discussed the Convention and Visitors Bureau's emphasis on tourism for the area. He talked about some of the large conferences being booked in the area, and that last year $199 million was spent in Johnson County just from visitors. Tourism is actually the area's third largest employer in the service industry. Schamberger also discussed the hotel/motel tax, collection, and how it sustains their goals. Discussion turned to the Cultural Corridor partnership, and how CVB has become even more involved in the past few years. The "youthfulness" of the area was discussed, and how this is marketed to the public and groups. The airports in the area, both Eastern Iowa and Maline were discussed, and the costs involved with flying into and out of the area were also talked about as it impacts both businesses and tourists. Schamberger also talked about the CVB's efforts in downtown revitalization, and how they work in that area. He also said that the area needs a long-term stay, residential type of hotel, as there is a large need with the hospitals and students that come to the area. Chairperson Lehman said that the Economic Development Committee would need to determine what issues they want to work on, while keeping in mind the other organizations they can work with. Discussion centered on the cooperative attitudes of the cities of Iowa City and Coralville, and the University. A general discussion continued on some of the past projects that have resulted in increased businesses in the area, as well as working on the expansion of existing businesses. Lehman noted that the University of Iowa is one of the largest businesses in the area, and discussion turned to businesses that have come about because of the University being here. Nasby stated that this meeting was for orientation only, and that he will contact the members about the next meeting date and time, most likely the third week of each month, and at the same starting time of 5:00 P.M. ADJOURNMENT Chairperson Lehman adjourned the meeting at 6:15 P.M. data on citynt/pcd/minutes/ecodev/edcOI-26-O4.doc _ MEMORANDUM DATE: March 22, 2004 TO: Council Economic Development Committee ~z::~. k~ FROM: Steven Nasby, Community and Economic Development Coordinat~-~; RE: Agenda Ttems The Council Economic Development Committee will be meeting on March 30 at 1:00 p.m. in the City IVlanaqer's Conference Room. The following is a brief discussion of the items that will be on the agenda for your consideration. ~9 ~owa AvemJe- Reouest for Tax Exemption On your agenda is a request from the Bremer Trust for property tax exemption on commercial property located at 119 Iowa Avenue. The purpose of this memorandum is to provide a brief history on property tax exemption in the Central Business District and outline the eligibility criteria for the property tax exemption. Central Business District Urban Revitalization Plan Tn September 1999, the City Council designated the Central Business District as a revitalization area to provide an incentive to private business owners to redevelop or improve their properties. (A copy of the p/an is/nc/uded in the packets for the camm~tree members). Tt is important to note that the tax exemption provision applies only to the portion of value in a structure that is added (does not include the assessed value of the existing structure). Tn February 2001, the Council approved property tax exemption for the property located at 210-202 Clinton Street (Whiteway Building). Tn Hay 2003, a tax exemption was approved for the Zephyr Copies building at 124 E. Washington Street. Eliqibility Criteria According to the Central Business District Urban Revitalization Plan, projects within the revitalization area must meet the following criteria to qualify for property tax exemption: · (~ua/ified rea/estate/ndudes rea/estate assessed as comrnerc/a/property. On/y the non-res/dent/a/commerc/a/component/f a commerc/a/ property wou/d qua#fy for property tax exempt/on. However, any reuse ora h/storic structure assessed as res/dent/a/(e.g, owner-occup/ed hous/n~7 or condom/n/um un/ts,), res/dent/a/commerc/a/ (renta/ hous/n~7), or non-res/dent/a/commerc/a/property sba~~ be cons~tiered qua#fled rea/estate and thus e/i~7/b/e for property tax exempt/on. The proposed project is a commercial property (no residential) so the whole structure is qualifying property. · E/ig/b/e construct/on includes rehab///tat/on, addit/ons and new construct/on. However, new construct/on that requ/res the demo#t/on of structures ~dent~fled in the Centra/ Bus/ness D/str/ct Urban Rev/ta//zat/on P/an as h/stor/c and/or arch/tectura//y s/gn/flcant /s March 22, 2004 Page 2 not eligible for property tax exemption. The proposed project is for the construction of a new 1,S00 square foot building to replace the 1,0S0 square foot building that was destroyed by fire in August 2003. As such, it will not require the demolition of a historic or architecturally significant structure. · ~rn order to be eligible for property tax exemption andpr/or to the issuance ora building permit, the exterior design of any qualifying project must be either ]) reviewed by the staff design review committee and approved by City Council or 2) reviewed and approved by the Historic Preservation Commission. The plans and exterior design of this structure will be submitted to the design review committee, The design review committee's recommendation and a resolution will be forwarded to the City Council for consideration on Nay 4, 2004. · To be considered eligible for property tax exemption, ail improvement~ must increase the actual value of the property as of the first year for which an exemption is received by at/east fi/feen percent (]5%) in the case of real property assessed as commercial property and by at/east ten percent (]0%) in the case o£rea/ property assessed as residential property. Tn this case, the actual value of the improvements on the property as of .lanuary 200S must be at least fifteen percent greater than the assessed value of the improvements on the property as of 3anuary 2004. The 2004 assessed value of the improvements is $0 due to the fire. As such, the proposed project will clearly meet the 15% requirement to be eligible for property tax exemption beginning with the 2005 assessment. As provided for in State Code, the City Assessor will determine whether the project meets this criterion after the Councirs approval of the application. Review of 2004 Economic Develooment Strateev [n November 2003 the Council Economic Development Committee reviewed the 1999 Economic Development Strategy and recommended numerous revisions. A "draft" of the 2004 Economic Development Strategy is included for your review. [f you have any questions or need additional information please contact me at 356-5248 or via e-mail at Steven-Nasby@iowa-city.orq. Council Economic Development Committee Meeting March 30f 2004 City Manager's Conference Room City Hall 1:00 p.m. City of Iowa City Application TIF Tax Rebate or Tax Abatement Exemption Business Requesting Financial Assistance: Business Name: Bremer Trust, Iowa State Bank & Trust Company, Trustee Name of Authorized Person to Obligate the Business: Iowa State Bank & Trust Company, Iowa City, Iowa, by Daniel H. Black, Vice President & Property Manaqer Business Address: 102 South Clinton Street, Iowa City, Iowa, 52240. Business Contact Person: Daniel H. Black Title: Vice President & Property Manager Telephone: 319-356-5920 Fax: 319-356-5849 E-mail Address: dblack@isbt.com Business Federal ID#: Bremer Trust- 42-0649443 Date of Application Submittal: March 18, 2004 Release of Information and Certification NOTE: Please read carefully before signing I hereby give permission to the City of Iowa City (the City) to research the company's history, make credit checks, contact the company's financial institution, and perform other related activities necessary for reasonable evaluation of this proposal. I understand that all information submitted to the City relating to this application is subject to the Open Records Law (1994 Iowa Code, Chapter 22) and that confidentiality may not be guaranteed. I hereby certify that all repre- sentations; warranties or statements made or furnished to the City in connection with this application are true and correct in all material respects. I understand that it is a criminal violation under Iowa law to engage in deception and knowingly make, or cause to be made, directly or indirectly, a false statement in writing for the purpose of procuring economic development assistance from a state agency or political subdivision. SIGNATURE OF COMPANY OFFICER AUTHORIZED TO OBLIGATE BUSINESS: Bremer Trust, Iowa State Bank & Trust Company, Trustee, BY: Daniel H. Black, Vice President & Property Manager NOTE:The City will not provide assistance in situations where it is determined that any repre- sentation, warranty or statement made in connection with this application is incorrect, false, misleading or erroneous in any material respect. If assistance has already been provided by the city prior to discovery of the incorrect, false or misleading representation, the city may initiate legal action to recover city funds. 1. What is the location of the proposed project? 119 Iowa Avenue, Iowa City, Iowa, 52240. (formerly Easy Place Restaurant) 2. Please provide a brief timeline for the proposed project. Construction is anticipated to start May 1, 2004, pending approval of Tax Exception; completion on or before August 1, 2004. 3. Describe in detail the proposed "project" (e.g., company relocation, plant expansion, remodel- ing, new product line and/or new facility). This project is the re-build of a commercial building that was destroyed by fire in August of 2003. This project will be a 1,500 sq. ft. structure replacing the 1,000 sq ft Easy Place structure. The benefit to downtown would include an increased tax base of approximately $117,000.00 and the benefit of a new structure on the existing empty lot. 4. Specifically, what type of capital improvements will be completed? (e.g. new building, remodeling, facade improvement, accessibility) A new commercial, one-story, 1,500 square foot structure. Clearly, the new structure will be more aesthetically pleasing than the old Easy Place building. The new building's store front design will incorporate extensive use of glass, with added option of opening French-style doors and opening upper windows. The layout of the building provides for an open space at the rear of the building. The anticipated use of this space would include parking / storage or outdoor seating. Tt is my understanding that City design review will be a part of this tax exemption process. See plans attached. 5. Will the project increase the value of the property by at least :~5%? Please include the amount of the proposed investment. This project will increase the value by well over 15%. The 2004 valuation on the structure will be zero. The budget for construction costs is $:[92,000.00. Early on in the project development, we worked with Neumann Nonson Architects on various building configurations. The drawings, concepts and pricing include aspects from the early N.FI.A. study although final cost and drawings have come from Barton Building Services, a general contractor. The new structure, post-tax exception, will provide a larger tax base for Towa City. The 2003 real estate tax assessment was $124,950.00 on the land and $58,550.00 on the structure or a total of $183,500.00. An estimate of future assessment, structure and land, would place the total value at over $300,000.00. 6. Type of assistance requested: (check one) Tax Increment Financing Tax Exemption X Tax Abatement 7. If an existing Iowa City business, how many total individuals have been employed by the company at the Iowa City facility during the past year? Unknown 8. What is the number of jobs within the existing or proposed Iowa City facility and what is the starting average hourly wage rate (not including fringe benefits): For the new employees? Unknown - this will be a tenant-occupied buildinq. For existing employees? Unknown - this will be a tenant-occupied building. For existing and new employees? Unknown - this will be a tenant-occupied building, 9. Does the business provide standard medical and dental insurance for full-time employees? If so, what percentage of the standard medical and dental insurance package expense does the company provide? Unknown at this time. 10. Beyond the present project, what future growth potential is there for the Iowa City operation? The project would include structural concrete at the rear 25 feet of the lot to facilitate expansion of the proposed building in the future. 11. Please describe the energy and resource efficiency programs, waste reduction, waste exchange, and/or recycling programs at your Iowa City operation. Unknown. 12. DO you use recycled materials in the production of any products or through the provision of any services at your facility? If so, please describe. Unknown. 13. Has the business been cited or convicted for violations of any federal or state laws or regulations within the last five years (including environmental regulations, Occupational Safety and Health laws, Fair Labor Standards, the National Labor Relations Act, the Americans With Disabilities Act)? If yes, please explain the circumstances of the violation(s). The business / tenant is unknown at this time. Additional Information: At the time of this application a tenant lease on this proposed building has not been signed. Considering the Towa Ave location of this project, it is likely that the future tenant would be a Restaurant or Restaurant/Bar. EXISTING Prepared by: David Schoon, Eco. Dev. Coord,, 410 E, Washington St., iowa City, IA 52240 (319) 356-5236 RESOLUTION NO. 99-337 RESOLUTION APPROVING THE CENTRAL BUSINESS DISTRICT URBAN REVITALIZATION PLAN AND REPEALING RESOLUTION NO. 93-334. WHEREAS, the City Council for the City of Iowa City, Iowa, adopted Resolution No. 99-242 finding that the Central Business Distdct Urban Revitalization Area meets the criteria of Sections 404.1(3) and (4), Code of Iowa (1999), 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 (1999), staff prepared a Central Business Distdct Urban Revitalization Plan; and WHEREAS, the Council scheduled a public headng on the Plan for 7:00 PM, August 24, 1999, in the City Council Chambers, Civic Center, 410 E. Washington Street., Iowa City, Iowa; and WHEREAS, public notice of this hearing was published in the Press-Citizen and notification of this headng 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 Central Business Distdct Urban Revitalization Area, at least 30 days pdor to the hearing date; and WHEREAS, Council held the public headng at the time and place scheduled and provided all persons appearing and desidng to be heard regarding the Plan the opportunity to be heard; and WHEREAS, the City of Iowa City previously approved Resolution No. 93-334 which approved the Block Sixty-Two (62) Urban Revitalization Plan; and WHEREAS, Block Sixty-Two will be contained in and better served by the Central Business District Urban Revitalization Plan such that the pdor Resolution may be repealed as provided by Iowa Code Chapter 404 (1999). 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 Central Business Distdct Urban Revitalization Plan as required by Iowa Code ,~04.2 (1999). 2. The Central Business Distdct Urban Revitalization Plan attached hereto is hereby approved. 3. Resolution No. 93-334, which approved the Block 62 Urban Revitalization Plan, is hereby repealed. Resolution No, 99-337 Page 2 Passed and approved this 28th dayof September ,19 99 · ATTEST: ~%,~_.~.~,_~ ?//~/- ~--~) ~~~ CIT'7-CLERK - ' It was moved by Norton and seconded by O'Dnnn~l] the Resolution be adopted, and upon roll call them were: AYES: NAYS: ABSENT: ~ Champion ~ Kubby X Lehman X Norton X O'Donnell × Thomberry × Vanderhoef ecodev\res\cdburb.d oc Prepared by: David Schoon, Economic: Development Coordinator, 410 E. Washington Street, Iowa City, IA 52240; 319-356~5236 ORDINANCE NO, 99-3900 AN ORDINANCE DESIGNATING AN AREA OF THE CITY OF IOWA CITY, IOWA, AS AN URBAN REVITALIZATION AREA WHICH SHALL BE KNOWN AS THE CENTRAL BUSINESS DISTRICT URBAN REVITALIZATION AREA. WHEREAS, Iowa Code Chapter 404 permits the governing body of a city to designate an area of the city as an urban revitalization area if the area satisfies the criteda set forth in Iowa Code §404.1 (1999); and WHEREAS, the City Council of the City of Iowa City, Iowa has determined that the area within the City legally described below substantially meets the criteria of §404,1(3) and (4): Blocks 61-66 and 80-84 of Original Town Specifically, the area contains a predominance of buildings, which by reason of age, history, architecture or significance, should be preserved or restored to productive use and the area is apprepdate as an ecenomic development area as defined in Iowa Code {}403.17 (1999); and WHEREAS, the City Council has determined that the rehabilitation, conservation redevelopment, economic development, or a combination thereof of this area is necessary in the interest of the public health, safety and welfare of the residents of the City of Iowa City, Iowa; and WHEREAS, the City of Iowa City previously enacted Ordinance No. 93-3600 which desi0nated Block Sixty-Two (62), Original Town, Iowa City, Iowa as an Urban Revitalization Area; and WHEREAS, Block Sixty-Two will be contained in and better served by the Central Business District Urban Revitalization Area such that the prior Ordinanca may be repealed as provided by Iowa Code Chapter 404 (1999). NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA: .,~C._TJ.OJ~I_~ Pursuant to Iowa Code Chapter 404 and in censideration of the recitations set forth above, Ordinance No. 93-3600 designating Ordinance No. Page 2 the Block Sixty-Two (620) Urban Revitalization Area is hereby repealed and the area legally described below is hereby designated as a revitalization area, which shall be known as the Central Business District Urban Revitalization Area: Blocks 61-66 and 80-64 of Original Town, Iowa City, Iowa ~. AJI ordinances and parts of ordinances in conflict with Ihe provi- sions of this Ordinance are hereby repealed. SECTION III. SEVERABILITY. If any section, provision or part of the Ordinance shall be adjudged to be invalid or unconstitutional, such adjudication shall not affect the validity of the Ordinance as a whole or any section, provision or part thereof not adjudged invalid or unconsti- tutional. SECTION IV. EFFECTIVE DATE. This Ordi- nance shall be in effect after its final passage, approval and publication, as provided by law. Passed and approved this 28th day of A'FI-EST: '~¢/~.,r~".~'/,¢_~ '~. CITY CLE~'RK TABLE OF CONTENTS CENTRAL BUSINESS DISTRICT URBAN REVITALIZATION PLAN Section 1 ~ Selection Criteria for Central Business District Urban Revitalization Area Code of Iowa Criteria City of Iowa City Policy Criteria CBD Urban Revitalization Plan Objectives Section 2 - The CBD Plan Components Description of CBD 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, Local, or Private Grant or Loan Programs Available for Residential Improvements Section 4 - Prior Approval of Eligibility and Application for Tax Exemption Section 5 - Amendments to Plan Section 6 - Repeal of Ordinance Addendum 1 - Central Business District Urban Revitalization Area Map Addendum 2 Existing Assessed Valuation of Real Estate and Owners of Record of Real Estate Addendum 3 Central Business District Urban Revitalization Area - Existing Zoning Addendum 4 Central Business District Urban Revitalization Area - Existing Land Use Map 2 Central Business District Urban Revitalization Plan SECTION 1: SELECTION CRITERIA FOR THE NEAR SOUTHSIDE CBD 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 July 13, 1999 the Iowa City City Council adopted a resolution finding that the proposed Central Business District Urban Revitalization Area meets the criteria of Section 404.1 (4) of the Code of Iowa (1999), 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.t (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 Iow and moderate income families, including single or multifamily housing." The Code also states that the City may designate an area of the City a revitalization area if that area is "an area in which there is a predominance of buildings or improvements which by reason of age, history, architecture or significance should be preserved or restored to productive use." CITY OF IOWA CITY POUCY CRITERIA In December of 1997, the Iowa City City Council adopted the 1997 Iowa City Comprehensive Plan, which is a statement of goals and policies of the community. The Comprehensive Plan identifies five economic well-being goals, including one that states that the community should "improve the environmental and economic health of the community through the efficient use of resources". Under this goal the Plan identifies two strategies to use to achieve this goal. They include (1) encourage commercial activity to take place in existing core areas or neighborhood commercial centers; discourage the proliferation of new major commercial areas and (2) continue and enhance downtown revitalization. The Comprehensive Plan also suggests consideration of financial incentives and programs to facilitate achieving the economic well-being goals. Based on the City Council's intent, the properties set out in Addendum 1 are hereby designated as appropriate commercial uses for urban revitalization purposes, and are hereby declared to be included in the Central Business District Urban Revitalization Area (hereafter "CBD Area"), and said properties are further declared to be within this Central Business District Urban Revitalization Plan (hereafter "CBD Revitalization Plan"). The following historic or archite~;turally significant structures in the CBD Area are on the National Register of Historic Places (NRHP) or designated as an Iowa City Historic Landmark (ICHL): · Franklin Printing House - 115 S. Dubuque c. 1856 (both NRHP and ICHL) · First Congregational Church - 30 N. Clinton c. 1869 (both) · Trinity Episcopal Church - 320 E. College c. 1871 (both) · George Van Patten House ~ 9 S. Linn c. 1873 (both) 3 Central Business District Urban Revitalization Plan · College Block Building - 127 E. College c. 1883 (both) · Boerner-Fry Co Building (Davis Hotel) - 332 E. Washington c. 1900 (NRHP) · Paul-Helen Building - 207-215 E. Washington c. 1910 (both) · Old Post Office (Senior Center) - 27 S. Linn (NRHP) In addition to those structures already designated as historic properties, the CBD contains numerous buildings that for reasons of age, history, architecture, or significance are eligible for listing on the National Register of Historic Places. Those properties over 50 years of age that are designated as historic structures, or that are determined to be eligible for designation by the Iowa City Historic Preservation Commission, shall be considered "historic or architecturally significant structures" for the purposes of fulfilling the objectives of this CBD Urban Revitalization Plan. The Historic Preservation Commission is in the process of surveying properties within the CBD Area to identify historic resources that are eligible for designation either individually or as part of a historic district. Upon completion of the survey, this information will be available to the Historic Preservation Commission in making its determinations of eligibility. Prior to the completion of the survey, eligibility shall be determined based on the National Register Criteria (36 (CFR) Part 60) or criteria identified in City Code Section 14-4C-2 for determining eligibility of potential Historic Landmarks. CBD URBAN REVITALIZATION PLAN OBJECTIVES The primary objective of this CBD Urban Revitalization Plan is to encourage the revitalization of commercial activity in and the reuse of historic and architecturally significant structures in the CBD Area. The City of Iowa City has recently made a substantial investment in the downtown Iowa City to ensure the continued vitality of this center of the community. This investment was made in response to aging and dilapidating infrastructure and a concern for the economic health of downtown in the face of significant growth in suburban retail markets. In a citizen based Downtown Strategy and Action Plan endorsed by the City Council in 19997, public sector and private sector partnerships are encouraged to address the revitalization of downtown. The granting of property tax exemption on the added value of private improvements is one such partnership and will provide an incentive to property owners and business tenants to reinvest in non-residential commercial activities in the downtown area either in the form of rehabilitations, additions, or new construction. Though the zoning ordinance permits commercial residential uses within the CBD Area, the City Council has determined that encouragement of "commercial residential development" is not needed in the CBD Area. The Council 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 the core area of the community. Consequently, the primary objective of this CBD Revitalization Plan is to encourage the revitalization and redevelopment of the CBD Area for commercial uses other than commercial residential uses, and to encourage the reuse of historic and architecturally significant structures in the CBD Area. To achieve these objectives, the City of Iowa City shall undertake the urban revitalization activities as specified in this CBD Revitalization Plan, pursuant to the powers granted to the City under Chapter 404, Code of Iowa (1999). 4 Central Business District Urban Revitalization Plan SECTION 2: THE CBD URBAN REVITALIZATION PLAN COMPONENTS DESCRIPTION OF CBD URBAN REVITALIZATION AREA The legal description of the Central Business District Urban Revitalization Area is: Blocks 61-66 and 80~84 of Original Town as described in the attached Addendum 1, which is attached hereto and incorporated by reference herein. EXISTING ASSESSED VALUATION OF REAL ESTATE AND OWNERS OF RECORD OF REAL ESTATE Addendum 2, which is attached hereto and incorporated by reference herein, contains existing assessed valuations of all real estate in the CBD Area, and contains a listing of the names and addresses of the owners of record of real estate within the CBD Area. LAND USE Existing Zoning The existing zoning of the project area as identified on the Iowa City Zoning Map is Central Business (CB-10) Zone and Public (P) Zone; see attached Addendum 3 for existing zoning. The existing zoning is generally consistent with the proposed land uses as illustrated on the 1997 Iowa City Comprehensive Plan Map. Existing Land Uses The existing land uses in the CBD Area include commercial uses (retail, office, and non- residential), residential uses, religious uses, and public uses; see attached Addendum 4 for existing land uses. Proposed Land Uses The proposed land uses in the CBD Area shall be consistent with the City Zoning Ordinance and the 1997 Iowa City Comprehensive Plan, 5 Central Business District Urban Revitalization Plan PROPOSALS FOR IMPROVING OR EXPANDING CITY SERVICES The City Council has evaluated whether a need exists for improving or expanding city services within the CBD 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 identifies the following improvements that would enhance redevelopment and revitalization of said CBD Area. · Downtown Streetscape Improvements · Iowa Avenue Streetscape Improvements · Iowa Avenue Multi-Use Parking Facility · New and Expanded Destination · Transit Facility Interchange · Improved Maintenance & Security · Additional Year-Round Activities, such as weekly concerts and annual festivals. APPLICABILITY OF THE PLAN Land Uses This CBD Revitalization Plan is applicable to all qualified real estate assessed as commercial property. Only the non-residential commercial component of the property qualifies for properly tax exemption. However', any reuse of a historic structure assessed as residential, residential commercial, or non-residential commercial property shall be considered qualified real estate. Types of Construction Eligible Eligible construction includes rehabilitation and additions to existing property and new construction for all property defined as qualified real estate herein. In order for the rehabilitation, additions, or new construction to qualify for property tax exemption, said rehabilitation, additions, or new construction must begin after adoption of this CBD Revitalization Plan and the corresponding Ordinance. New construction that requires the demolition of structures identified in this CBD Revitalization Plan as historic and/or architecturally significant is not eligible for property tax exemption. 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. The design for all rehabilitation, additions, and new construction of non-historic structures must be submitted to the Iowa City Design Review Committee for review and recommendation. The Design Review Committee recommendation will be submitted to the 6 Central Business District Urban Revitalization Plan Iowa City City Council for review and approval. The City Council must approve the exterior design for all rehabilitation, additions, and new construction of non-historic structures prior to issuance of a building permit in order for the improvements to qualify for property tax exemption. Time Frame The CBD 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 CBD Area. QUALIFICATIONS FOR ELIGIBILITY Qualified property improvements include rehabilitation and additions to existing structures and 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 requires the demolition of structures identified herein as historic and/or architecturally significant. in order to be considered eligible, all improvements must be completed in conformance with all applicable regulations of the City of Iowa City. All improvements must also increase the actual value of the property as of the first year for which an exemption is received by at least fifteen percent (1 5%) in the case of real property assessed as commercial property and by at least ten percent (10%) in the case of real property assessed as residential 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 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: 1. Ail qualified real estate assessed as residential property is eligible to receive an exemption from taxation based on the actual valoe added by the improve- merits. 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 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 (1999). 7 Central Business District Urban Revitalization Plan 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 I10) 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%). 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 (3) 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 CBD Area. Upon such consideration, the following shall be provided under the CBD 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 CBD 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 the property owner to qualify for said tax exemption. 8 Central Business District Urban Revitalization Plan Eligibility "Qualified tenant" means the legal displaced occupant of a residential dwelling unit which is located within the designated CBD Area where the person or family has occupied the same dwelling unit continuously for twelve (1 2) months prior to the City's adoption of this CBD 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 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. 9 Central Business District Urban Revitalization Plan SECTION 3: FEDERAL, STATE, LOCAL OR PRIVATE GRANT OR LOAN PROGRAMS AVAILABLE FOR RESIDENTIAL IMPROVEMENTS Community Development Block Grants (CDBG) CDBG monies are federal monies that are appropriated to the City of Iowa City on an annual basis. Use of the CDBG monies must benefit Iow 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 HUD 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 Iow and moderate income persons. 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 (1999). 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 CBD REVITALIZATION PLAN Once the City has adopted the CBD 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 (1999), 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, 10 Central Business District Urban Revitalization Plan 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 CBD Revitalization Plan would cease to be of benefit to the City, the City Council may repeal the ordinance establishing the L:BD Area. In that event, all existing exemptions shall continue until their expiration. Approved By . ¢ ~ 11 Central Business District Urban Revitalization Plan Addendum ~ CITY OF IO~:A CITY Uimm mmlmmlmm'lm-mlmml)~, m ~ ~_=Lj _u~ m ~ I i~, m. ~,mmm I m m imml m-m i~-mlm'm'l m Central Business District Urban Revitalization Area ADDENDUM 2 - CENTRAL BUSINESS DISTRICT URBAN REVITALIZATION PLAN ASSESSED VALUATION OF REAL ESTATE & OWNERS OF RECORD OF REAL ESTATE 1998 CURRENT ASSESSMENTS LAND BUILDING & ASSESSED IMPROVEMENT PARCEL # OWNER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 1010311001 BILL MIHALOPOULOS 1S DUBUQUE Sl $159,800 $270,170 $429,970 1105 W BENTON ST IOWA CITY IA 52246 1010311002 DUSS PROPERTIES 5 S DUBUQUE ST $65,800 $158,550 $224,350 4558 SAN SIRO DR SARASOIA FL 34235 1010311003 RINELLA BUILDING PARTNERSHIP 7 S DUBUQUE ST $79~900 $126,080 $205~980 %EDRIS J MCCARTHY 1409 LACHMAN L PACIFIC PALISADES CA 90272 1010311004 EUGENE F FISHER 9 S DUBUQUE ST $86,700 $1251640 $212,340 533 SOUTBGATE AVE %CHAMBERS AGEN IOWA C)TY IA 52240 1010311005 MAUREEN A MONDANARO 11 S DUBUQUE ST $99,620 $152,690 $252,310 114 COLLEGE ST %FRESH FOODS CONC IOWA CITY IA 52240 1010311006 THE WILLIAMS CO 13 S DUBUQUE ST $188,530 $449,480 $638,010 19-21S DUBUQUE ST IOWA CITY IA 52240-3902 I01031100B SARAN GRABAM BELL & JOHN H GRAHA 121 IOWA AVE $209,140 $333,420 $5421560 %GERRY AMBROSE 250 12TH AVE ST CORALVILIE IA 52241-2928 1010311009 NARRY BBEMER ESTATE 119 IOWA AVE $1061210 $541350 $160156D IOWA STATE BANK & TRUS PO BOX 17 IOWA CITY IA 52244 1010311010 NARRY BREMER ESTAIE 117 IOWA AVE $111,270 $89,090 $200,360 % CARDAN INC 115 IOWA AVE IOWA CITY IA 52240 1010311011 DANIEL BERRY 115 IOWA AVE $861400 $115,460 $201~860 115 IOWA AVE IOWA CITY IA 52240 1010311012 DANIEL L BERRY 113 IOWA AVE $86,400 $128,710 $215,110 2905 BROOKSIDE DR IOWA CITY IA 52245 1010311013 DEY BUILDING L L C 105 IOWA AVE $512,250 $901,900 $1,414,150 8 S CLINTON ST IOWA CITY IA 52240 1010311014 DEAN G & EVELYN M OAKES 12 S CLINTON ST $227,000 $348~020 $5751020 PO BOX 1456 IOWA CITY IA 52244 Page 1 LAND BUILDING & ASSESSED IMPROVEMENT ~RCEL # OWNER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 310311015 CAMAY ENIERPRISES COMPANY, LTD 14 S CLINTON ST $110,000 $142,410 $260,410 3725 FOREST GATE DR NE IOWA CITY IA 52240 010311016 ALFRED J & MARY A MCDONALD 16 S CLINTON ST $123,900 $159,510 $2831410 621 N VAN BUREN ST IOWA CiTY IA 52245 010311017 LAURENCE SHORT ET AL 18 S CLINTON ST $82,600 $127~320 $209,920 PO BOX 1126 IOWA CITY IA 52244 010311018 LAURENCE SHORT ETAL 20 $ CLINTON ST $96,000 $145,820 $241,820 PO BOX 1126 010311019 RINBLLA BUILDING PARTNERSHIP 22 S CLINTON ST $121,900 $161,550 $283,450 %EDRIS J MCCARTHY 1409 LACHMAN L PACIFIC PALISADES CA 90272 010311020 FRANK C BYERS 24 S CLINTON ST $132,500 $172,310 $304,810 940 WHELK DR SARJBEL FL 33957-4814 1010311021 FRANK C BYERS 26 S CLINION ST $1061000 $145,080 $251,080 940 WHELK DR SANIBEL FL 33957-4814 1010311022 ROBERT J & WILLIAM D NOSER 28 S CLINTON ST $91~000 $1691190 $2601190 28 S CLINTON ST IOWA CITY IA 52240 1010311023 GILDA V & ERICH W SIX 30 S CLINTON ST $91,000 $121,660 $2121660 1224 MELROSE AVE I(~A CITY IA 52246 1010311024 WILLIAM M & MELEN B BYIRGTON 32 S CLINTON ST $1581500 $218,180 $3761680 1557 SOMERSET LN IOWA CITY IA 52240 1010311025 M C GINSBERG JEWELERS, INC. 110 WASHINGION ST $851500 $163,100 $2481600 110 WASHINGTON ST IOWA CITY iA 52240 1010311026 WASHINGTON STREE1 PROPERTIES 112 ~ASH]NGTOfl ST $90~000 $127~930 $217,930 C/O GARY L. FINN 4 PRINCETON CT 1010311027 F & S PROPERTIES 114 WASHINGTON ST $2311750 $313,510 $5451260 4 PRINCETON CT IOWA CITY IA 52245 1010311028 LUBIN & GOLDBERG 118 WASHINGTON ST $131,000 $242,890 $373,890 %IOWA STATE BANK PO BOX 1700 IOMA CITY IA 52244 Page 2 LAND BUILDING & ASSESSED IMPROVEMENT PARCEL # OWNER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 1010311029 HARRY BREMEN ESTATE 120 1/2 WASHINGTON SI $255,850 $526,110 $781,960 %TOGA STATE DANK & TRS PO BOX 17 1010311030 OLD TOWN PROPERTIES 124 WASHINGTON ST $116~000 $2011860 $317~860 C/O GARY FINK 4 PRINCETON CT IOWA CITY IA 52245 1010311031 EVELYN M OAKES 126 WASHINGTON ST $110,000 $127,500 $237,500 PO DO× 1456 IOWA CITY IA 52244 1010311032 HARRY BREMER ESTATE 128 WASHINGTON ST $100,000 $120,180 $2B01180 %IOWA STATE BANK & TRS PO BOX 17 IOWA CITY IA 52244 1010311033 MARRY DREMER ESTATE 130 WASHINGTON ST $I00~000 $120,180 $220~180 %IOWA STATE BANK PO BOX 1700 IOWA CITY IA 52244 1010311034 HARRY DREMER ESTATE 132 WASHINGTON ST $1151000 $176,670 $2911670 %IOWA STATE BANK & TRS PO BOX 17 IOWA CITY IA 52244 1010311035 HAZEL J & RICHARD MILLER 23 S DUBUQUE ST $86,700 $162,120 $248~820 37 DROOKFIELD DR IOWA CITY IA 52245 1010311036 MACBT INC 21 S DUBUQUE ST $86,700 $128,450 $215,150 %DILL NUSSER 19-21 S DUBUQUE ST IOWA CITY IA 52240-3902 1010311037 MACNT INC 19 S DUBUQUE ST $861700 $138,340 $2251040 %BILL NUSSER 19-21 S DUBUQUE ST IOWA CITY IA 52240-3902 1010311038 LAURENCE R SHORT 17 S DUBUQUE ST $911800 $1~31970 $2651770 PO DOX 1126 IOWA CITY IA 52244-1126 1010312001 GILDA & ERICH W SIX 229 IOWA AVE $104,740 $79,300 $1841120 1244 MELROSE AVE IOWA CITY IA 52246 1010312002 BRUEGGERS BAGEL 225 IOWA AVE $178,500 $221,190 $399,690 720 LIBERTY WAY NORTH LIBERTY IA 52317 1010312003 ENTERPRISE INVESTMENT GROUP L L 9 S LIRN ST $961770 $90,420 $187,190 2615 FERNDALE DR IOWA CITY IA 52245 1010312004 ENTERPRISE INVESTMENT GROUP LLP 13 S LINN ST $1261000 $297~800 $423,800 2615 FERNDALE DR IOWA CITY IA 52245 Page 3 LAND BUILDING & ASSESSED iMPROVEMENT tRCEL # O~NER'S NAME & MA%LING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL )10312006 REARDON APARTMENTS 215 iOWA AVE $82,600 $189,270 $271,870 1218 HIDHLAND CT IOWA CITY IA 52240 ]10312007 ROY L YELDER 211 iOWA AVE $165,200 $271,960 $437,160 521 MELROSE CT IOWA CITY IA 52246 010312008 JANET L MOORE & C ROBERT W]KEL 2 S DUBUQUE ST $110,250 $1381650 $246,900 3771 COTTAGE RESERVE RD NE SOLON iA 52333 010312009 JANET L MOORE & C ROBERT WIKEL 4 S DUBUQUE ST $05,850 $138,650 $Z24,500 3771 COTTAGE RESERVE RD NE SOLON IA 52333 010312010 TRE DEADWOOD 6 S DUBUQUE ST $193,160 $240,670 $433~830 6 S DUBUQUE ST IOWA CITY IA 52240 010312011 DONALD L STALKFLEET 10 S DUBUQUE ST $94,440 $213,650 $308,090 3105 DUBUQUE ST BE IOWA CITY IA 52240 010312012 DONALD L STALKFLEET 12 S DUBUQUE ST $98,730 $175,980 $274,710 3105 DUBUOUE ST NE IOWA CITY IA 52240 i010312014 DONALD L STALKFLEET 14 S DUBUQUE ST $85,850 $159,980 $245,830 3105 OUBUQUE ST NE IOWA CITY IA 52240 1010312015 FIRST NATIONAL BANK 204 ~ASR[NGTON ST $594,360 $1,676,460 $2,270,820 PO BOX 1880 IOWA CITY IA 52244 1010312016 FIRST NATIONAL BANK 214 WASHINGTON ST $179~990 $2,436~280 $2,616,270 PO BOX 1880 IOWA CITY IA 52244 1010312017 LASANSKY CORP 216 WASHINGTON ST $100~300 $261~230 $361,530 216 WASR1RGTON ST IOWA CITY IA 52240 1010312019 ROY YELDER 220 WASHINGTON ST $140,430 $272,510 $412,940 521 MELROSE CT IOWA CITY IA 52246 1010312020 FIRST NATIONAL BANK 230 WASHINGTON ST $582~600 $195,530 $778~130 PO BOX 1880 IOWA CITY IA 52244 1010313002 RICHARD g EATTSCHULL 2 S LINN ST $201~000 $351,770 $552,770 315 FAIRVIEW AVE IO~A CITY IA 52245 Page 4 LAND BUILDING & ASSESSED IMPROVEMENT >ARCEL # O~JNER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 1010376001 THE CITIZEN BUILDING LIMITED PAR 319 WASHINGTON ST $195,750 $232,300 $428,050 319 E WASHINGTON ST #111 IOWA CITY IA 52240 1010376002 ROBERT WALLACE FOX 108 S LINN ST $387~600 $854,540 $112421140 PO BOX 5537 CORALVILIE IA 52241-5537 1010376003 M.S.D.H. ASSOCIATES 122 S IlNN ST $2831500 $882,990 $1,166,490 122 S LINN ST 1010376004 MASONIC ASSOCIATION 312 COLLEGE ST $441250 $109,890 $154~140 312 COLEEGE ST IOWA CITY IA 52240 1010377001 WALTER A DOBRIAN & LOUISE DOBRIA 229 WASHINGTON ST $2511600 $3451770 $5971370 316 DARTMOUTH ST IOWA CITY IA 52245 1010377002 CAMAY ENTERPRISES COMPANYi LTD. 227 WASHINGTON ST $1001300 $271,210 $3711510 3725 FOREST GATE DR NE IOWA CITY IA 52240 1010377003 CRAIG BAESEMEYER 223 WASHINGTON Sl $1851560 $606,420 $7911980 223 ACCOUNT MANAGEMENT 2~8 E WAS IOWA CITY IA 52240 10103~7004 CENTRAL STATES THEATRES CORP 217 WASHINGTON ST $3~5~950 $3631440 $679~390 414 INSURANCE EXC.BLDG 505 FIFTH DES MOINES IA 50307 1010377005 HAWKEYE-BAY STATES L L C 207 WASHINGTON ST $5891060 $1,138~800 $1~727,860 9 WESTVIEW ACRES NE IO~A CITY IA 52240 101037?00? D K TRUST 114 S DUBUQUE ST $200,800 $263~480 $464128D % IOWA STATE BANK PO BOX 1700 IO~A CITY IA 52244 1010377008 DEAN G OAKES & BARKER DEVELOPMEN 11B S DUBUQUE ST $225,000 $390,330 $615,330 PO BOX 1456 1010377009 STEPHEN A MOSS 124 S DUBUQUE ST $150,000 $2961300 $446,300 6 KENRUTH CIR NE IOWA CITY IA 52240 1010377010 LENOCH & CILEK 130 S DUBUQUE ST $500,000 $727,710 $1,227~710 1550 MALL DR IOWA CITY JA 5224B 1010378001 UNIVERSITY OF IOWA FACILITIES CO 125 WASHINGTON ST $451,800 $3711540 $823,340 PO BOX 4550 Page 5 LAND BUILDING & ASSESSED INPROVENENT ~RCEL # O~NER'S NAME & NAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 010378002 UNIVERSITY OF IOWA FACILITIES CO 109 S DUBUQUE ST $90,000 $0 $90,000 PO BOX 4550 IOWA CITY IA 52244 4550 010378003 UNIVERSITY OF IOWA FACILITIES CO 109 S DUBUQUE S! $0 $65,620 $65,620 PO BOX 4550 I(~JA CITY IA 52244-4550 010378004 JOHN S KOZA 111S DUBUQUE ST $95,000 $160,310 $255,310 209 LEXINGTON AVE IOWA ClIY iA 52246 010378005 JOHN S KOZA 115 S DUBUOUE ST $95,000 $171,760 $266,760 209 LEXINGTON AVE IOWA CiTY IA 52246 010378006 ALAN WIDISS 123 WASHINGTON S1 $1181000 $153,620 $2711620 316 KIMBALL RD IOWA CITY IA 52245 010378007 ALAN WIDISS 121 WASHINGTON ST $118,0G0 $186,720 $304,720 316 KIMBALL RD IOWA CITY IA 52245 1810378008 ALAN WIDISS 119 WASHINGTON ST $118,000 $169,210 $2871210 316 KIMBALL RD IOWA CITY iA 52245 ~010378009 YOUNKERS 115 WASHINGTON ST $247,300 $464,580 $7111880 750 LAKESHORE PKY BIRMINGHAM AL 35211 1010378010 IOWA STATE BANK & TRUST CO 113 WASHINGTON ST $1101250 $286,120 $404,370 % YOUNKERS INC PO BOX 20080 JACKSON MS 39289 1010378011 YOUNKERS 111 WASNINGTON ST $133,000 $3741170 $507,170 750 LAKESHORE PKY BIRMINGgAM AL 35211 1010378012 NUSSOYD BUILDING COMPANY L L P WASHINGTON ST $3,080 $0 $31080 508 RIVER ST IOWA CITY IA 52246 1010378013 NUSSOYD BUILDING COMPANY L L P 109 WASHINGTON ST $80,000 $158,120 $238~120 508 RIVER ST 10WA CITY IA 52246 1010378014 IOWA STATE BANK & 1RUST CO 107 WASHINGTON ST $72,000 $108,710 $180,710 102 S CLINTON ST IOWA CITY IA 52240 1010378015 IOWA STATE BANK & TRUST CO 102 S CLINTON ST $380,950 $996,750 $1,377,?00 102 S CLINTON ST IOWA CITY iA 52240 Page 6 LAND BUILDING & ASSESSED IMPROVEMENT >AREEL # O~4NER'S NAME & MAILING ADDRESS 'PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 1010378017 ENZLER'S 114 S CLINTON ST $353,7~0 $513,470 $867,220 118 S CLINTON ST IOWA CITY IA 52240 1010378018 MARK R PIEPER 124 S CLINTON ST $65,000 $63,300 $1281300 1243 DEVON DR NE iOWA CITY IA 52240 1010378019 EADIE F & MARK R WEAVER 138 S CLINTON ST $250,000 $3511290 $601,290 604 PARK RD IOWA CiTY IA 52246 1010378020 TULA MARLAS & CHRIST MARlAS 150 S CLINTON ST $164,400 $142,720 $307~120 425 RIVER ST IOWA CITY IA 52246 1010378021 HENRY W LOUIS 110 COLLEGE ST $102,000 $110,800 $212,800 506 COLLEGE ST IOWA CITY IA 52240 1010378022 JOHN E SCHUPPERT ET AL 112 COLLEGE ST $1121250 $160,330 $272,580 1641 MORNINGSIDE DR IOWA CITY IA 52245 1010378023 JAMES MONDANANO 114 COLLEGE ST $236,000 $3791710 $615,710 114 COLLEGE ST %FRESH FOODS CONC IOWA CITY IA 52240 1010378024 120 BUILDING CO 118 COLLEGE BT $236,000 $329,730 $565,730 PO BOX 2150 1010378025 PLAZA CENTRE ASSOCIATES 125 S DUBUQUE ST $790,200 $3,660,200 $4,450,400 125 S DUBUQUE ST PLAZA CENTRE SU IOWA CITY IA 52240 1010379001 OLD CAPITOL MALL ASSOCIATES L P 201 S CLINTON ST $3,661,600 $17,155,180 $20,816,780 437 GRANT ST SUITE 1600 PITTSBURGH PA 15219 1010380003 MIP IOWA CITY LLC 210 S DUBUQUE S1 $1,305,760 $12,056,500 $13,362~260 210 S DUBUQUE ST 10WA CITY IA 52240 1010380004 COLLEGE BLOCK PARTNERS 127 COLLEGE ST $241~900 $252,590 $494~490 %ED J ZASTROW 9 S MT VERNON DR IOWA CITY fA 52245 1010380005 RUTH V SWISHER REVOCABLE TRUST 121 COLLEGE ST $277,300 $440,080 $7171380 2701 WEST AVE BURLINGTON IA 52601 1010380006 RUTH V SWISHER REVOCABLE TRUST 117~ COLLEGE ST $194~700 $2241450 $4191150 2701 WEST AVE BURLINGTON IA 52601 Page 7 LAND BUILDING & ASSESSED IMPROVEMENT ~RCEL # O~NER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOIAL )10380007 NANCY A FAUX-BURHANS 115 COLLEGE SF $129,800 $193,390 $323,190 115 COLLEGE ST I(~JA CITY IA 52240 )10380008 CLINTON STREET PARTNERS 111 1/2 COLLEGE ST $2301100 $437,390 $667,490 111E COLLEGE ST PLAZA IOWA CITY IA 52240 310380009 ROBERT C STEWART 109 COLLEGE ST $112~100 $1731110 $285,210 1025 SUMMIIT BILLS LN NAPERVILLE il 60563-2240 010380010 THE MOEN GROUP 103 COLLEGE SE $313,600 $594~350 $907,950 123 N LINN ST SUITE 300 iOWA CITY IA 52245 010380011 MICHAEL S, CHRISTINE M & MARC B 210 S CLINTON ST $631000 $147,000 $210,000 C/O RENTALS BY IVEIlE PO BOX 576 IOWA CITY ]A 52244 010380012 MICHAEL S, CHRISTINE M & MARC B 212 S CLIN/ON ST $172,550 $381,160 $553,710 C/O RENTALS BY IVETTE PO BOX 576 IOWA CITY IA 52244 010380013 LELAND NOVOTNY & GENE NOVOTNY 224 S CLINTON ST $219,170 $331,010 $550,180 903 SOUTBLAWN DR IOWA CITY IA 52245 010380014 RICHARD M YOCK & M ANN KARLBERG 228 S CLINTON ST $93,170 $2161430 $309,600 5958 ALLERTON DR ROCKFORD IL 61114 i010380015 KEITB D & KIMBERLEE VILLHAUER 102 E BURLINGTON ST $163,930 $621450 $226~380 2630 PRINCETON RD IOWA CITY IA 52245 ~010380018 VIVIAN MANN 120 E BURLINGTON ST $168,150 $179,530 $347,680 1916 MAPLE CIRCLE WEST DES MOINES IA 50265 1010380019 HAWKEYE STATE BANK 229 S DUBUQUE ST $3981600 $1,0051930 $1,404,530 P.O. BOX 1697 IOWA CITY IA 52244 1010381001 SOUTH LINN PARTNERS 307 COLLEGE ST $398,250 $482,250 $880,500 414 MARKET ST IOWA CITY iA 52240 1010381002 LEFF, LEFF, HAUPERT & TRAW BUILD 220 S LIHN ST $1251000 $3331080 $458,080 222 S L]NH ST PO BOX 2447 IOWA CITY IA 52244 1010381003 NANCY G KENNEDY 224 S LINN ST $871500 $821080 $169,580 2 ASHWOOD DR IOWA CITY IA 52245 Page 8 LAND BUILDING & ASSESSED iMPROVEMENT 'ARCEL # OUNER'S NAME &MAIL]NG ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL 010381004 MACHT~ INC 304 E BURLINGTON ST $148,800 S194,310 $343,110 19-21S DUBUQUE ST IOWA CITY IA 52240-3902 1010381005 JAMES A & LORETTA C CLARK 310 E BURLINGTON ST $283,200 $1,237,510 $1,520,710 414 E MARKE1 ST IOWA CITY IA 52240 1010436003 DENNIS VISSER 328 WASHINGTON ST $2121400 $402,950 $615~350 328 WASHINGTON ST 1010436004 JOE RORWEDDER 330 WASHINGTON ST $99,120 $154,400 $253,520 720 3RD AVE 1010436005 DAVIS BUILDING 332 WASHINGTON ST $94,800 $4081830 $503~710 % BRUCE R GLASGOW 834 N JOHNSON IOWA CITY IA 52245 1010452001 SOUTHGATE DEVELOPMENT COMPANY IN 325 WASHINGTON ST $3711000 $1~0721320 $11443,320 P.O. BOX 1907 IOWA CITY IA 52244-1907 1010459001 MAIN STREET PARTNERS 315 COLLEGE ST $5451750 $413041430 $4,050~180 414 E MARKET ST IOWA CITY IA 52245 1010459002 ZAVASN ZAREI & ZOHREH A ASADZAOE 322 E BURLINGTON ST $94~400 $648~880 $743,280 1746 BROWN DEER ROG CORALVILLE IA 52241 1010459004 JOHN & PAMELA S DANNEMAR 225 S GILBERT ST $0 $173~170 $173,170 313 S LOCUST ST MONTICELLO IA 52310 1010459005 GWG INVESTMENTS 340 E BURLINGTON ST $156~800 $7021420 $859,220 % JUDY NOUGHTON 3370 KENRUTH CIR IE00000666 410 WASOINGTON STREET DUBUQUE/COLLEGE $0 $0 $0 XX58008002 LORA ALBERNASKY 14 S LINN ST $115,000 $93,580 $208,580 14 S LINN ST IOWA CITY ]A 52240 XX58010005 LORA MARIE ALBERHASKY S LINN ST $92,500 $1,350 $93,850 14 S LINN ST IOWA CITY IA 52240 XX59145000 MARNET PROPERTIES %BENJAMIN C 218 WASHINGTON ST $135,4t0 $204,500 $339,910 SUITE 201 218 E WASHINGTON ST IOWA CITY IA 52240 Page 9 LAND BUILDING & ASSESSED IMPROVEMENT ~RDEL # O~NER'S NAME & MAILING ADDRESS PROPERTY ADDRESS VALUE ASSESSED VALUE TOTAL rand Tota[s $26,612,9§0 $75,159,350 $101,772,330 ecords printed: 125 Page 10 /Aaclenaum .~ Central Business District Urbsn Flevitslization - Existing Zoning Addendum4 CITY OF I0~4 CITY IOWA AVE ,: mm i m m tm-d-I m-m lin m lin m-'{. m m~e'~mmm Im ~,_,,o~o~ 'i : 'il'' I "~~ [ I[II { / , Central Business District Urban Revitalization Area Existing Land Uses Economic Development Strategy CITY OF I0 WA CITY March 2004 Economic Development Strategy Over the last two years the State of Iowa has drastically cut funding for cities by eliminating local government aid, reducing funding for programs, rolling back taxable values, and retaining revenues formerly shared with local governments. These actions have had a great impact on the City's ability to deliver services as many of the City's services to its citizens are financed from the General Fund. In addition, citizen expectations for our existing services are high and consequently the City is continually under pressure to expand, modernize or offer new products even as local and state budgets are shrinking. The options the City has to obtain the revenues necessary to meet these needs and desires of Iowa City residents is limited by State law regarding taxation. The primary revenue source that is available to cities is property taxes. Even if a City Council was willing to raise property taxes, for all practical purposes this is not possible due to State regulated property tax levy limits. Because of the structure of the Iowa property tax system, commercial and industrial development is the most fiscally advantageous development for local governments. This document proposes a policy for sustaining the actions the City has started and instituting a more aggressive, targeted and proactive role on the part of the City government to encourage and facilitate commercial and industrial development in Iowa City. To build upon the successes of the last few years, and to continue development within the commercial and industrial sectors, it is important to strengthen and enhance the Economic Development Strategies put forth in 1999 and enable growth for the future. Prioritizing economic development within City government is not a suggestion to pursue "expansion at any cost" policies but to approach commercial and industrial growth in a managed way. This document addresses economic development opportunities from the perspective of three of the most common strategies of economic development: business retention & expansion, business attraction, and entrepreneurship (others opportunities being: tourism/conventions, downtown development, and workforce development). Focusing on business retention & expansion, business attraction, and entrepreneurship will provide Iowa City with the highest degree of success and return on investment. Prior to developing an action plan for these specific areas, we need to evaluate progress made on three issues that impact the success of our economic development efforts. These issues are the relationship between ICAD's economic development activities and the City's economic development goals; perceptions of the City's business-friendly attitude; and the resources directed toward economic development activities. Iowa City Area Development Group. The City's partnership with ICAD has been greatly enhanced since 1999. ICAD is doing an excellent job of promoting the greater Johnson County area. Since ICAD serves more than one community in Johnson County, ICAD cannot promote one specific area over another. When a prospect considers sites in more than one Johnson County community, ICAD does not advocate only for Iowa City. Over the last few years a different relationship with ICAD has emerged in which information is shared and joint activities are commonplace. Depending on the circumstance, .either City staff or ICAD can assume the role as the lead economic development agency when working with a business expansion or a new prospect. Working with prospective new businesses and expanding existing businesses currently reflects the City's more active role. A Business Friendly Community. A continued perception exists locally that Iowa City could be more business friendly. This perception is disputed by a number of nationally recognized soumes which have repeatedly named Iowa City as one of the best small cities in America to do business. This is evidenced by the 2003 Milken Institute Study that ranked Iowa City the #1 Small Metropolitan Area in the United States for Business and Career Growth. In July 2003, Expansion Magazine ranked Iowa City as the 11th best metropolitan area in the nation for companies looking to expand. It is clear that we should focus on marketing Iowa City and promote our successes to reverse the perception that Iowa City is not a "business friendly community". Quality of life is an important factor for locating or expanding businesses and Iowa City's reputation for being a leader in this area is beneficial. For Iowa City to keep its high quality of life and remain competitive as a community people choose to live in, we must be constantly reminded of the need to grew the commercial and industrial sectors to expand the tax base in order to be able to afford the amenities and services our residents desire and provide jobs. Expanding the commercial and industrial tax base does not mean the community will lose its unique character as long as the new development occurs in a way that is consistent with and respectful of existing development and meets the goals of the community as expressed in the Comprehensive Plan. By undertaking and promoting the planning process we are continually keeping community quality and economic development issues before us as important issues. According to the Iowa City Business Survey that was completed in 2001, municipal regulations and their implementation by city staff needed to become more sensitive to facilitating and regulating new development in the community. Some of this will be done with the adoption of the new development code in 2004. We must continually review how we approach development in the community to balance the goals of a quality community and industrial and commercial development. The City Council and the Economic Development Committee have worked to set the tone for a new approach to encouraging development. This has been successful and a number of new projects have been approved. Resources Available for Economic Development. The City of Iowa City has a number of tools available to assist economic development efforts. These tools include Tax Increment Financing (TIF), Tax Exemptions or Tax Abatement, CDBG Funding, bonds or other city funding resources. Marketing and using these tools to assist business growth is key to furthering the City's economic development efforts. As such, an expanded proactive and more aggressive economic development program will require additional resources to implement an expanded program. Actions for a Stronger Economic Development Role for the City The following lists actions we can reasonably take in selected, key areas of economic development to implement a more aggressive approach to economic development and to build the City's future tax base: Retention & Expansion · ICAD will conduct business retention surveys and gather information about existing businesses. Iowa City staff will work with ICAD to evaluate the satisfaction with governmental and area support services, explore company growth plans, and offer assistance where appropriate. · Complete and implement the new City Development Code. · As needed, consider changes to the City's regulatory process. · Propose redevelopment plans and/or invest in public spaces in areas of the community, such as South Riverside Drive, Towncrest, South Gilbert Street, North Dodge Street and the Muscatine\First Avenue commercial areas. · If approved, support the SSMID and encourage identification of potential market niches in the downtown. · Refine a comprehensive package of tax incentives and/or a revolving loan fund for Iow-interest loans for economic development projects. · Continue to utilize tax or other incentives to increase the tax base through new construction of facilities and/or additions to existing improvements. · Promote quarterly business breakfasts, hosted by the City or with other partners. Business Attraction · Prepare materials that specifically market and promote Iowa City as a place to do business and live. · Continue to participate with economic development partners (e.g. ICAD, Chamber of Commerce, MidAmerican and University of Iowa) to post site information on commercial and industrial spaces in Iowa City. · Upgrade the City's ability to provide site and other information electronically to prospective companies. · Proactively work with realtors to make them aware of Iowa City's positive economic climate. · Increase Public Relations to promote Iowa City through mailings, press releases, web and other avenues. Promote Economic Development success stories and activities. · Continue to utilize tax or other incentives to increase the tax base through new construction of facilities and/or additions to existing improvements. · Support educational and outreach efforts to youth so they will remain in the area. Market job opportunities to post-secondary students, GenXers and others. · Build and enhance the City's relationship with commercial and industrial developers and property owners in order to improve opportunities for development projects within Iowa City. Work pro-actively with landowners and developers to solicit and plan for commercial\industrial\office growth. · Plan, zone and/or annex land for future industrial park land in southeast Iowa City and near other major transportation corridors (e.g. 1-80, Hwy 218, Hwy 6 and Hwy 1). Work with the IDED, IDOT and the railroad(s) to extend rail spurs within existing or new industrial areas. · Encourage expansion of office and/or office research park space through zoning and/or annexation in NE Iowa City. · Market the availability of new commercial\industrial properties along the Mormon Trek extension and the Aviation Commerce Park. · Construct an industrial speculative building independently or with a private sector partner. · Take an increasingly active role in marketing and promoting Iowa City through cooperative efforts with ICAD, Chamber of Commerce, CVB, IDED, and MidAmerican Energy and other regional economic development interests. · Proactively pursue federal and state funding for economic development projects and infrastructure. · Evaluate the need and, if necessary, plan for new commercial cores in the community in coordination with the district planning process. Entrepreneurship · Continue financial assistance programs for start-up businesses or small business expansion by using CDBG funds. · Help develop a privately funded Iow-interest loan program for targeted businesses. · Periodically re-evaluate the incubator concept, and when appropriate, pursue development. · Discuss with the University of Iowa the possibilities of developing a commercial\industrial\research park based on the "Oakdale" model. · Work with the Small Business Development Center, Institute for Social and Economic Development and the Pappajohn Center to facilitate the creation of new businesses. · Develop relationships with the University of Iowa Office of Research to collaborate on activities related to technology transfer and commercialization. · Partner with ICAD regarding relationships with businesses at Oakdale and the University's Technology Innovation Center (TIC) and determine spin-off business opportunities in Iowa City. Future Economic Development Work Program City of Iowa City Economic Development Division Retention & Expansion Work with ICAD to evaluate and coordinate information collected through their annual business retention survey. Continue to evaluate satisfaction with governmental and area services, explore company growth plans, and offer assistance where appropriate. · Partner with ICAD on their business retention surveys and interviews. Summarize findings and act to address outstanding issues. Follow-up on issues of concern to Iowa City businesses. · Maintain outreach to businesses through one-on-one site visits by the Council Economic Development Committee and staff. · Periodically, conduct a business retention survey process ($2,500-$3,000). Implement the City's New Uniform Development Code · Maintain an on-going evaluation and consideration of changes to the City regulatory process dealing with commercial and industrial projects. · Reduce"red tape" and streamline processes. Develop area redevelopment plans and/or invest in public spaces in areas of the community, such as South Gilbert Street, North Dodge Street, S. Riverside Drive, Muscatine~First Avenue and the Towncrest areas. · Conduct meetings with property owners and tenants in these areas to determine the level of redevelopment and/or investment in public spaces. · Review current zoning and land use patterns. Rezone property if needed. · Consult with public works staff to prepare public improvement design plans or redevelopment concepts and plan for such projects within the Capital Improvements Plan. · As needed, construct physical public improvements\infrastructure. · Consider applying for Vision Iowa, Community Attraction & Tourism and/or other funds from the State of Iowa. Support a retail and office market analysis to identify potential retail and office market niches in defined commercial areas. · If approved, support the CB-10 SSMID and encourage the identification of potential market niches in the downtown. · Work with the Chamber of Commerce, business and property owners in retail/office areas to convey information from market study and develop strategy to act on results. Establish a comprehensive package of tax incentives and/or a revolving loan fund for Iow interest loans for economic development projects. · Continue to utilize tax or other incentives to increase the tax base through construction of new facilities and/or additions to existing improvements. · Encourage the use of existing tax exemption areas downtown to assist owners with renovations or redevelopment that will increase the tax base. · Pursue the development of a facade renovation Iow-interest loan program for buildings in targeted areas and support the use of State and Federal resource that may be available including Historic and Rehabilitation Tax Credits. Business Attraction Prepare materials that specifically market and promote Iowa City as a place to do business and live. · Meet periodically with ICAD/CVB/Chamber of Commerce to review materials already available to determine what supplemental materials are required. · Prepare supplemental marketing materials specifically promoting Iowa City and why it is a good place to do business. ($2,000-3,500) · Update and link the City's web site to provide additional information, and promotional items to highlight the City's economic development activities. Enhance the City's relationship with commercial and industrial developers and property owners in order to improve opportunities for development projects within Iowa City. · Develop contacts with area commercial/industrial developers and property owners. · Host a workshop for area commercial/industrial developers and property owners (modeled after the District Planning process) to engage them in proactive planning for commercial and industrial areas. Plan for new future industrial parks adjacent to major transportation corridors and the expansion of the Scott-Six industrial park in southeast Iowa City. · Identify potential industrial sites, contact property owners and begin preliminary discussions. · Consider acquiring land for future city-owned or public-private partnership in an industrial park. · Identify development costs and resources for new or expanded infrastructure capacities in industrial areas. · Work with property owners, the railroad and state agencies to extend rail spurs in Iowa City. Construct a speculative industrial building. · Identify a location for speculative building. · Prepare a proposal for a city/private sector partnership or partnership with the University of Iowa. · Construct a speculative building of 20,000 square feet or larger. ($1.5-$1.75 million) Develop a plan for new or expanded future off'/ce and research park land in northeast Iowa City. · Utilize existing transportation infrastructure (I-80, Highway 1, Scott Blvd and First Avenue) to identify potential sites begin discussions with property owners. · Identify development costs of needed infrastructure for new office\research areas. · Explore the possibilities of extending fiber optic, wireless or other communication enhancements to facilitate the location and expansion of information based companies. Continue an active role in marketing and promoting Iowa City through cooperative efforts with ICAD, IDED, the University of Iowa and MidAmerican Energy. · City staff to participate with ICAD, the State of Iowa and others in the development of prospect proposals and prospect site visits. · Plan and host regular meetings with UI officials (e.g. Business College, Medical School, Pharmacy, Research and Technology). · Use MidAmerican programs and incentives to enhance Iowa City's marketing and other economic development efforts. · In conjunction with ICAD, include Council Economic Development Committee members to visits with major employers in the community as requested. · Participate in "Sell Iowa" trips with the Iowa Department of Economic Development ($2,000- $3,000). Evaluate the need and plan for, if necessary, new commercial cores in the community. · As part of the retail\office market analysis, comprehensive planning and/or district planning processes, identify need for future commercial cores. · Development of redeveloped or expanded commercial cores at Towncrest and North Dodge Street. · If necessary, rezone property for future commercial cores. Entrepreneurship Encourage the development of a Business Information Center through exploring the creation ora one-stop business development facility. · Encourage co-locating a Business Information Center with the Small Business Development Center, Institute for Social and Economic Development, SCORE, and other business development groups · Preferably locate in a high-visibility street level location. Develop a financial assistance program for start-up businesses using CDBG funds and develop a Iow-interest loan program for targeted businesses. · Continue and promote the CDBG Economic Development Fund. · With assistance from the Small Development Business Center and the Institute for Social and Economic Development, work with area banks to create a privately funded Iow interest loan program to promote the creation and expansion of small businesses. Periodically re-evaluate the incubator concept, and when appropriate, pursue the development of one in Iowa City. · Upon direction from the Council Economic Development Committee, explore the incubator concept. · Work with the University of Iowa to develop a high tech inventor incubator on campus. · Perform a feasibility study outlining the framework for establishing an incubator, if the decision is to proceed. Develop a relationship with the businesses at the TIC Center and directors at the National Advanced Driving Simulator to determine spin-off business opportunities in Iowa City. · Periodically contact the TIC Director to discuss Iowa City's role in working with the TIC Center businesses. Hold individual meetings with TIC businesses as needed. · Prepare marketing materials specifically targeted towards TIC businesses and NAbS spin-off businesses. This work program outlines numerous activities and projects that may be undertaken. However, if the City budget mandates the continuation of a .5 FTE Economic Development Coordinator, the tasks will have to be prioritized by the Council Economic Development Committee and City Manager. Please note that on-going reporting and other efforts related to past economic development activities (e.g. TIF projects) must also be maintained. The work plan also assumes contracting for specialized work such as drafting redevelopment plans, market analyses, design work for capital projects, and development of marketing materials\web enhancements. City Council Economic Development Policy Committee To implement an active economic development strategy and create a high profile policy, the City Council Economic Development Committee was established. We believe the economic development activities and policy to be very important to our economic future. Please note that in order to implement the economic development strategies effectively we will need to be flexible, able to reach a decision in an abbreviated timeframe, and be creative with our resources. In addition, we will be looking at ways to target federal and state funds for these efforts. This approach will likely involve greater interaction for staff and/or Council with federal\state agencies and our federal\state legislators. March, 2004 03-25-04 MINUTES DRAFT IOWA CITY PUBLIC ART ADVISORY COMMITTEE THURSDAY, MARCH 4, 2004 - 3:30 P.M. LOBBY CONFERENCE CENTER Members Presents: Barbara Camillo, Chuck Felling, Terry Trueblood, Emily Carter Walsh, James Hemsley Members Absent: Mark Seabold, Rick Fosse Staff Present: Marcia Klingaman, Karin Franklin Visitors Present: Tashia Welling, Zack Scafuri CALL TO ORDER Chairperson Felling called the meeting to order at 3:30 P.M. PUBLIC DISCUSSION OF ANY ITEM NOT ON THE AGENDA Franklin introduced two visitors, Tashia Welling who is a journalism student, and Zack Scafuri who is going to speak to the agenda item on downtown alleys. CONSIDERATION OF THE MINUTES OF THE FEBRUARY 5, 2004, MEETING Chairperson Felling asked if there were any additions, substitutions, or corrections, to the minutes. MOTION: Hemsley moved to accept the minutes; Trueblood seconded the motion. All in favor; motion passed. DISCUSSION OF PLANS FOR FY05 PUBLIC ARTS PROJECT(S) Franklin discussed the three potential projects for FY05: Peninsula Park sculpture at the end of the Iowa River Power Dam bridge; Benton Hill Park entry; and entryways to Iowa City. Starting with the Peninsula Park sculpture, she said she randomly picked out some ideas from their slide registry of artists. She would like the Committee to review these to see if they like anything in particular. Franklin also said she has talked to the U of I Art Department, and they currently have two undergraduate students who might be appropriate for this project. Franklin then showed the Committee some slides of various artists' work. Discussion centered on each artist's style, types of materials used, as well as the use of a local artist. Camillo asked that they go back through the slides again, once she had a better idea of the location of this particular piece of sculpture. Discussion then turned to the U of I Art Department students. If a local artist is hired, the commissioned piece would be at the $30,000 mark. If the Committee would like to work with the U of I students, then they would be given the opportunity to display their work for a year, but this piece would not be permanent. Trueblood mentioned that a dog park could end up being built on part of this Peninsula land. Klingaman then discussed the Benton Hill Park entry. She spoke with David Dalquist about his thoughts on this project in regard to cost and quality. He felt this wouJd be in the $30-35,000 range for an archway to be created. Discussion centered around various archways that members have seen in different areas, such as cemeteries, with the wrought iron scrollwork on them. Camillo will check with a company in Mt. Vernon to see what they may have to offer. Franklin then asked the Committee if they had any ideas for the entryways leading into Iowa City. Felling said he likes the colorful items on display at Cedar Rapids' airport. Discussion centered around how these would need to be eye-catching items that people would notice when driving by in a car. Franklin then discussed the various signs already in use, and whether the Committee wants to use signage or a more artistic approach. The various entryways were discussed at length, as far as where signage would be placed, and what all would have to be done before these signs could be placed. Iowa City Public Art Advisory Committee Minutes March 4, 2004 Page 2 Franklin wrapped up the discussion on the three possible projects by asking the Committee to discuss them and to decide what they wanted to put their efforts into. Walsh asked Trueblood what the installation would entail if they decided to use a student honorarium at the Peninsula Park project. He said it would depend on the type and size of base needed, but that they should be able to handle this with no problem. Camillo wondered if they could do a student project with the option to buy if the project was something the City wanted to make permanent. Discussion turned to what type of honorarium agreement could be done with the art students, and members were all very much in favor of this idea. Klingaman said that she would be in touch with Tom Aprile at the U of I Arts Department before the next meeting. Trueblood addressed questions concerning the Benton Hill Park project. There is a $10,000 allocation for the proposed entryway at the new park. The members discussed the three identified projects, and how they could have two projects going if they concentrate on using U of I art students for the Peninsula project, and with the allocation already set aside for Benton Hill Park, they could add some funds to increase that project. In summary: Hemsley is proposing that the Benton Hill Park entry be a primary project in terms of enhancing the entryway with an art component; and then in regards to the sculpture project at Peninsula Park, the Committee will meet with U of I art students at the next meeting in order to discuss their role; and as for the signage at the entryways to Iowa City, this would be put on hold for now. Members next discussed the focus of an artist search for the Benton Hill Park project, and whether they want to look at Iowa artists, or to have a nation-wide search instead. If members have any recommendations, they need to get those names to Franklin and Klingaman as soon as possible. Trueblood said they should also check with the design people associated with the Park District. DISCUSSION OF CITY MANAGER'S PROPOSAL FOR DOWNTOWN ALLEYS Franklin discussed the City Manager's request that her department look into how the downtown alleys could be better maintained. Zack Scafuri has met with Franklin and Atkins to discuss his archway design for these alley entries. The City Manager wanted this Committee's input as well. Discussion centered on the condition of the alleyways, and Franklin said she would keep the Committee apprised of what is decided. Scafuri then discussed some of his design ideas with regards to the dumpsters, and various aesthetic ideas he has. The Committee expressed their support for moving forward with an effort to clean and brighten the alleys. UPDATES Herky on Parade: there are currently 60 sponsors, with a goal of 75; about half of the sponsors have already selected artists, with the remaining sponsors using their own artists. March 20th is the deadline to let artists know if they've been selected. May 4th iS the estimated date of display. Neighborhood art projects: Longfellow is moving along with gaining permission of the neighbors for the histooric markers. Other neighborhoods are showing interest, and the Committee needs to decide where to go next. Wetherby is still up in the air at this time. The Goosetown project is moving along fine. Northside has put out a call to artists for ideas on a historic-type of theme for their neighborhood. Iowa Sculptors Showcase: there has been a delay until Maylst; this hasn't presented any problems therefore an amended contract will be drawn up. Poetry in Public: posters should be installed around the City by the end of March. COMMITTEE TIME/OTHER BUSINESS None. ADJOURNMENT Chairperson Felling asked for a motion to adjourn. MOTION: Walsh moved to adjourn; Hemsley seconded the motion. All in favor; motion passed. Iowa City Public Art Advisory Committee Minutes March 4, 2004 Page 3 The meeting was adjourned at 4:45 P.M. data on cit yntJpcd/min ute s/pu b~ic arc2OO4/art 03-04-04.doc