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Home My WebLink About2011-10-04 Public hearingt, NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be held by the City Council of Iowa City, Iowa, at 7:00 p.m. on October 4, 2011, in Harvat Hall, 410 E. Washington Street, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk; at which hearing the Council will consider: A resolution amending the Comprehensive Plan to adopt the Riverfront Crossings District - Sub -area Plan; and An ordinance amending Title 14, Zoning Code, paragraph 14- 413- 46 -23, to modify the standards for vehicle repair uses in the Intensive Commercial Zone when located adjacent to a residential zone; and An ordinance amending Title 14, Zoning Code, subsection 14-4C-1D, to clarify a cross - reference regarding off - street parking located on a separate lot from the use served and to delete subparagraph 14 -2C- 413-3a., an obsolete provision regarding side and rear building setbacks in commercial zones; and An ordinance amending Title 14, Zoning Code, Table 2C -2(a), section 14 -2C -6, section 14 -2C -8, and paragraph 14- 4B -4A -7, to establish dimensional and commercial site development standards in the Central Business Service (CB -2) Zone similar to standards applied in the other Central Business Zones, and to clarify and establish setback and entrance requirements, provide additional flexibility for parking location, and modify construction standards to accommodate upper floor commercial uses in mixed -use buildings in the Central Business Zones; and An ordinance amending Title 14, Zoning Code, paragraph 14- 2A -6C -4, to allow an applicant to seek a minor modification to the single family site development standard that establishes minimum driveway length; and An ordinance amending Title 14, Zoning Code, Article 4A, Use Categories, to add a new use category entitled, "Building Trade Uses," and associated amendments to allow said building trade uses in the CI -1, 1 -1, and 1 -2 zones as permitted uses and in the CC -2 zone as provisional uses and to establish approval criteria for said provisional uses in Article 14 -46. Copies of the proposed ordinance are on file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above - mentioned time and place. MARIAN K. KARR, CITY CLERK Riverfront Crossings District Sub -Area JNSED Bi9TE3 ^? I rz -Mk CITY OF IOWA CITY Study Area University , ^f Tr RN Amerfran cumm sNua. Vidniry Map Downtown Iowa City/ O 1/4 Mile (S mime walM University of Iowa • 1/3 Mile (10 minute walk) c, c c, o; glvnfrantOmming gRrict BOuMiry M,nfmntC.ings Sul, a Emmet, Floodplain Rintownt Crossings Distritt Existing Floodplain — Edsdug Buildings _ parcNs — 10 Year Floodplain — 5WYear Floodplain Existing Waterways Biwrhont Crossings Sul,Ama Boundary t� r IJ r U 15V 3W (-0V ilp Aft AL.I&lei June 2008 - 7 , R a �C h Goals • Develop a new mixed -use pedestrian- oriented district • Create a resilient riverfront park system • Enhance Ralston Creek to become a community asset • Develop a multi -modal transportation network • Create a network of green streets in the district • Promote sustainable design practices within the district Framework Plan 1' 4 � � I .... o 77, L4 =NCFr d. w I Riverfront Crossings Character Rendering ► �r+ cif ~: Plan 1 i ■ ED _.. r �i a L i ■�.L t is ■+ u 9 �■O'D, ;. ' A . a t•_. rr■ { •0 M41 Mwrfmt CrosLgs District Conceptual Site Plan — ManicuredlandsaM _ Naturalized lendsape — &fisting Buildings — Proposed Buildings Parking — Parking Garages — &Isting Waterways BWerwont Crossings Sul,Are, Boundary Ivy tl 154 1W' f-00' Plan —The "Park Blocks" Bivertront Crossings District Conceptual Site Plan - Manicured Landscape - Naturalized Landscape - Existing Buildings _ Proposed Buildings Parking - Parking Garages - Existing Waterways Rivertront Crossings Sub -Area Boundary The "Park Blocks" Character Rendering A. ~i Plan —The Gilbert Street Corridor w° C �I Bivertront Crossings District Conceptual Site Plan - Manicured Landscape - Naturalized Landscape - Existing Buildings _ Proposed Buildings Parking - Parking Garages - Existing Waterways Rivertront Crossings Sub -Area Boundary Gilbert Street Corridor Character Rendering �/ i "r'- Zip t -�`�1 i .n. r -,_ /�T` }t..+ 'oY• r\ �f \ 1� - yy, iltq I41t1 ��I�y, / lam~ 1 %J j, I. Residential Courtyard Character Rendering J � } f � ~ L t� ��(( v a iii i Plan — Riverfront Crossings Park i 1 H Bivertront Crossings District Conceptual Site Plan - Manicured landscape - Naturalized Landscape - Existing Buildings _ Proposed Buildings Parking - Parking Garages - Existing Waterways Bivertront Crossings Sub -Area Boundary Riverfront Trail Character Rendering i� r C.. sue_. M/! r1 Constructed Wetland Character Rendering J'- �'afY rL . .. _.uhllll II i` °li'I�Vxi.�V�h41QkN IVf1U11 ►Ic 11tI "NGlllhttll��1141 ` Q-r•, . ,. 1111ta1��t, •lNiHv,l,gA °�lil� gl�� It± �llrtl��ll l,��ltlalU,c,►`�i1,Amv �`Illl. �IIIk��11 ,• �• � uuAp, °�' I. uy�u..�y tilt \u �!�, �Wl� \NlUlnl r „la ►�,. ,1(111 1, Mobility Character Photos Diagram - Mobility Lti O a� o � o ❑ [3 n� cl LJ 0� a 0 �Ilalply ❑ o � 9 p cb o o � Light Rail /Stop(Future) Commuter Rail /Stop ° �rJQO 40 cp a ooO�p pd p� a (Future) mlle rathus 8O O q op z'b o d Pe1/4 She dntrlan d 8 o d O Q O Q d p 8 too &IStin9 Wacemay C-? r 00 RiveAront Crossings Sub -Area Boundary o, o � RNedront CrosslRgs gstrltt Mobility Pedestrian Sidewalks &sting Trail Network �_ � Poposetl Trail Network JW VMlcular Drives/Parking Sparrows jl Bus Stops Proposed Bus Routes 'a Far ---- j Poremial Future Bus Routes t O cb o magna maOur Light Rail /Stop(Future) Commuter Rail /Stop ° �rJQO 40 9Q ooO�p pd p� (Future) mlle rathus 8O O q op z'b o d Pe1/4 She dntrlan d 8 o d O Q O Q d p 8 &IStin9 Wacemay RiveAront Crossings Sub -Area Boundary P • a _ V Y• p 1 (War Capitol /Kirkwood Connector Stlexalk LaMxape/ Metlian MetliaN MMian lentlwpe/ Sidewalk Pdvrte FumisM1inys 8 IT I]' ivnLam IY 13' 4 FvnisM1ings SMLW T2vel lane 'I 'I h .IuM 'I "1 91,0. I PasYJlg 128'Pacpo Righ[ WW Land Use Character Photos Building Height Character Photos 7 Frontages and Setbacks Character Photos Im Parking and Access Character Photos 'Is //�:i�. /�� th6 1 0 cod -;enter` erE40 zo n% d /to a I.' •Traff i c e:rge'ri r� Storm watt r// e a i r Ian r ,. w v/ r , •Existing, suness plac/ m P-n t/ *Parking facilities / i NOTICE OF PUBLIC HEARING Notice is hereby given that the City Council of Iowa City will hold a public hearing on the 4th day of October, 2011, at 7:00 p.m. in the Emma J. Harvat Hall of the Iowa City City Hall, 410 E. Washington Street, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk; at which hearing the Council will consider a Resolution Authorizing Conveyance of 336 Douglass Court, also described as Lot 29, Wise Addition, Iowa City, Iowa, to an income - eligible family. Copies of the proposed resolution are on file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above - mentioned time and place. MARIAN K. KARR, CITY CLERK �A Publish 9/14 NOTICE OF A CONSULTATION TO BE HELD BETWEEN THE CITY OF IOWA CITY, IOWA AND ALL AFFECTED TAXING ENTITIES CONCERNING THE PROPOSED RIVERFRONT CROSSINGS URBAN RENEWAL PLAN FOR THE CITY OF IOWA CITY, IOWA The City of Iowa City, Iowa will hold a consultation with all affected taxing entities, as defined in Section 403.17(1A) of the Code of Iowa, as amended, commencing at 10:00 o'clock A.M. on September 30, 2011, in the City Manager's Conference Room, City Hall, Iowa City, Iowa, concerning a proposed Riverfront Crossings Renewal Plan, a draft copy of which is on file in the office of the City Clerk. Each affected taxing entity may appoint a representative to attend the consultation. The consultation may include a discussion of the estimated growth in valuation of taxable property included in the proposed Urban Renewal Area, the fiscal impact of the division of revenue on the affected taxing entities, the estimated impact on the provision of services by each of the affected taxing entities in the proposed Urban Renewal Area, and the duration of any bond issuance included in said Plan. The designated representative of any affected taxing entity may make written recommendations for modification to the proposed division of revenue no later than seven days following the date of the consultation. Wendy Ford, Economic Development Coordinator, as the designated representative of the City of Iowa City, shall submit a written response to the affected taxing entity, no later than seven days prior to the public hearing on the proposed Riverfront Crossings Urban Renewal Plan, addressing any recommendations made by that entity for modification to the proposed division of revenue. This notice is given by order of the City Council of the City of Iowa City, Iowa, as provided by Section 403.5 of the Code of Iowa, as amended. Dated this 14th day of September, 2011 Marian K. Karr City Clerk, Iowa City, Iowa (END OF NOTICE) NOTICE OF PUBLIC HEARING TO CONSIDER APPROVAL OF A PROPOSED RIVERFRONT CROSSINGS URBAN RENEWAL PLAN FOR A PROPOSED URBAN AREA IN THE CITY OF IOWA CITY, IOWA The City Council of the City of Iowa City, Iowa will hold a public hearing before itself at its meeting on October 4, 2011 which commences at 7:00 P.M. in the Emma J. Harvat Hall, City Hall, Iowa City, Iowa to consider adoption of a proposed Riverfront Crossings Urban Renewal Plan (the "Plan ") concerning a proposed Urban Renewal Area in Iowa City, Iowa legally described as follows: Beginning at a point on the southeast corner of Sturgis Corner Addition Part Il; Thence southerly to the centerline of U.S. Highway 6; Thence westerly along said centerline to its intersection with S. Riverside Drive; Thence continuing westerly along the centerline of State Highway 1 to a point where it intersects with the centerline of Orchard Street extended; Thence northerly along the centerline of Orchard Street to the centerline of the Iowa Interstate Railroad; Thence easterly along said railroad centerline to a point that is 190', more or less, west of the point of intersection of the railroad and the centerline of State Highway1 /Riverside Drive; Thence northerly to the north right -of -way line of said railroad; Thence north 118' to the south right -of -way line of S. Riverside Court; Thence north 12.5' to the centerline of S. Riverside Court; Thence west along said centerline to where it intersects with the extension of the west boundary of property described as follows: Commencing 459.5' east of the SW corner of Lot 1; N100'; E60'; S100'; W60', Ryerson's and Sharp's Subdivision. Thence northerly along said west property line extended to the centerline of Myrtle Ave; Thence east along said centerline, continuing east to the west bank of the Iowa River; Thence southerly along the west bank of the Iowa River to the point of beginning; And the right of way of all adjacent roads. which land is to be included as part of this proposed Urban Renewal Area. A copy of the plan is on file for public inspection in the office of the City Clerk, City Hall, Iowa City, Iowa. The City of Iowa City, Iowa is the local agency which, if such Plan is approved, shall undertake the urban renewal activities described in such Plan. The general scope of the urban renewal activities under consideration in the Plan is to assist qualified industries and businesses in the Urban Renewal Area through various public purpose and special financing activities outlined in the Plan. To accomplish the objectives of the Plan, and to encourage the further development of the Urban Renewal Area, the plan provides that such special financing activities may include, but not be limited to, the making of loans or grants of public funds to private entities under Chapter 15A of the Code of Iowa. The City also may install, construct and reconstruct streets, parking facilities, open space areas and other substantial public improvement, and may acquire and make land available for development or redevelopment by private enterprise as authorized by law. The Plan provides that the City may issue bonds or use available funds for such purposes and that tax increment reimbursement of such costs will be sought if and to the extent incurred by the City. The Plan initially proposes specific public infrastructure or site improvement to be undertaken by the City, but provided that the Plan may be amended from time to time to respond to development opportunities. Any person or organization desired to be heard shall be afforded an opportunity to be heard at such hearing. This notice is given by order of the City Council of Iowa City, Iowa, as provided by Section 403.5 of the State Code of Iowa. Dated this 23rd day of September, 2011. Marian K. Karr City Clerk, Iowa City, Iowa (END OF NOTICE) r - �� =p, CITY OF IOWA CITY $ MEMORANDUM Date: September 28, 2011 To: Tom Markus, City Manager From: Wendy Ford, Economic Development Coordinator Re: Riverfront Crossings Urban Renewal Plan Public Hearing At the September 6, 2011 Council meeting, Council passed a Resolution of Necessity, setting into play the process to approve the proposed Riverfront Crossings Urban Renewal Plan and setting a public hearing on the Plan for October 4, 2011. The Planning and Zoning Commission reviewed and voted to recommend the plan to City Council at their meeting on September 15, 2011. The report and recommendation from the Chair of the Planning and Zoning Commission, along with the minutes of their meeting follow this memo. The requisite tax consultation is planned for Friday, September 30, and a report on the outcome of that meeting will be forthcoming. Staff will be present at the October 4 meeting, should you have any questions. cc: Jeff Davidson Bob Miklo Sara Greenwood - Hektoen Memo to CC re PH on Riverfront Crossings. doc r ��_,;. -4 CITY OF IOWA CITY MEMORANDUM Date: September 19, 2011 To: City Council From: Ann Freerks, Chair, Planning and Zoning Commission Re: Planning and Zoning Commission Review of the Riverfront Crossings Urban Renewal Area At its regular meeting of September 15, 2011, the Planning and Zoning Commission reviewed the Riverfront Crossings Urban Renewal Area Plan for its conformity with the Iowa City Comprehensive Plan. By a vote of 6 to 0 ( Freerks absent), the Planning and Zoning Commission found that the Riverfront Crossings Urban Renewal Plan conforms to the Iowa City Comprehensive Plan. A detailed discussion of the Commission's review is contained in the September 15, 2011 meeting minutes (attached). Planning and Zoning Commission September 15, 2011 - Formal URBAN RENEWAL PLAN: Discussion of the Riverfront Crossings Urban Renewal Plan for approximately 45 acres of property bordered by Highway 1 on the south, Myrtle Drive on the north, the Iowa River on the east and generally Orchard street on the west. Ford stated that the Commission's job on this agenda item is to review the Riverfront Crossings Urban Renewal Plan for its conformance with the Comprehensive Plan and to submit a recommendation to City Council. The purpose of an urban renewal plan is to provide a vision and to enable the possibility of city- assisted development and public improvement projects through the use of TIF. Public projects in this case might include things such as beautification of the Riverside Drive commercial corridor, connecting the trail system along the river, and fixing conditions that impair the environmental or economic health of the community. Ford stated that an Urban Renewal Plan can be established for the purposes of economic development or slum or blight. This area was beginning to show the signs of blight before the flood of 2008 which worsened existing conditions and added new one. Blight tends to lead to the disinvestment of the area, drawing down property values and slowing the growth of the city. It can be a liability physically, economically and socially. In an analysis of the properties in the area it was revealed that there was a significant finding of blight which merits the establishment of Urban Renewal Plan for blight purposes. Ford stated that there are slides to show the type of condition meriting the blight designation and the language from the Iowa code that is used to describe blight in this case. One of the conditions is defective or ineffective street layout. Ford pointed out on the slide the various street layout issues. Another condition in the definition of blight is a faulty layout in relation to the size, adequacy, accessibility, or usefulness of a lot. Ford stated the plan appears to be in conformity with both the 2002 Southwest District Plan and the Comprehensive Plan. Payne asked why this area is to be included in the Riverfront Crossings area and why was it this area that was picked to do first over other areas on the other side of the river. Miklo answered the first question by stating that when the first round of the Riverfront Crossing Plan was done staff was focusing on the east side of the river. During that process, members of the public, counselors, and commissioners stated that if you fix up that side and leave the other side as it was it would not be a good thing, so staff has broadened the Riverfront Crossings to the west side of the river. Eastham stated the railroad trestle across Riverfront is an unsightly landmark. His personal preference would be to at some point approve the appearance of that trestle. It was mentioned in the Miller Orchard Neighborhood Improvement plan as well. Ford stated that is privately owned property and if they were a willing partner in wanting to improve that the city would entertain ideas to partner on an improvement. Koppes opened the public hearing. There was none. Koppes closed the public hearing. Payne moved to approve the Riverfront Crossings Renewal Plan for approximately 45 acres of property bordered by Highway 1 on the south, Myrtle Drive on the north, the Iowa River on the east and generally Orchard Street on the west. Weitzel seconded. Koppes asked for discussion. Dyer stated that there wasn't any designation about where the flood plain would be. She asked if any of them would have to be elevated. Ford confirmed that was correct. Hektoen stated that there are other ordinances that guarantee buildings be flood proof or out of the 500 year flood plain. Payne stated that it was helpful to have a better understanding of what blight means and wanted to reiterate that blight doesn't necessarily mean that something is unkempt or disorderly. It can just mean poor traffic flow or something to that effect. Eastham stated that to him the term blight as it is defined by the statute it does not apply to a number of the businesses and properties in the proposed urban renewal area. There are a number of businesses that are quite attractive. Miklo stated that blight is usually bad but it is often not of the making of the property owner. Payne stated that it did not necessarily mean the property owner. Weitzel stated that this area has always been gritty but this area from the tornado and the flood has really contributed to the declining trends. Koppes stated that she was excited that something is going to get done to this area. The TIF district gives some options for business owners to redevelop and to put new businesses there. Payne stated that it was a gateway into the city and it could use some beautification. A vote was taken and the motion carried 6 -0, (Freerks excused). City Of Io River�'ront Urban Ret a City rossings ewal Plan 2011 m ni 2011 m Table of Contents Section 1 — Introduction Section 2 — District Designation Section 3 — Base Value Section 4 — Urban Renewal Plan Objective Section 5 — Description of ban Renew Area Section 6 — Proposed Urban Re wal A tivities and Proposed Projects Section 7 — Conformance with Land e Policy and Zoning Ordinance Section 8 — Relocation Section 9 — Financial Data Section 10 —Urban Renewal Plan mendments Section 11 —Property Acquisiti Disposition Section 12 — Effective Period Addendum No. 1 — Legal D scription \ Addendum No. 2 — River ont Crossings Urban Renewal Area I r ,a ..0 C-- C . kj} I Section I- Introduction This Riverfront Crossings Urban Renewal Plan ( "Plan ") for the Riverfront Crossings Urban Renewal Area ( "Urban Renewal Area" or "Area ") has been developed to help local officials reduce blighted areas and promote economic development within Iowa City, Iowa. The primary goal of the plan is to stimulate, through public involvement and commitment, private investment in the revitalization of I he Riverfront Crossings Urban Renewal Area. The goals outlined in this Riverfront Crossings Ur an Renewal Plan include the following, which inc l e goals detailed in the Iowa Cit Comprehensive Plan — 1997, as amended: • Remediation of blighted yeas; • Diversify and increase th propert y tax base y (1) encouraging the retention and expansion of existing busi sses and (2) a racting businesses that have growth potential and are compatible w' h existing bu messes; • Increase employment opportunit s consiste t with the available labor force; • Provide and protect areas suitable r fu • Improve the environmental and e n( efficient use of resources; • Consider financial incentives and pro • Focus commercial development in de n • Increase sidewalk and trail conn tiA bicycling and other alternative fo s of • Improve connections between omm neighborhoods, and ur commercial development;', .� is health of the community�="1 uA -- the s to facilitate achieving the aba'v oaf?,, commercial centers; - ; I =" ity to promote walkability and=.: ggco=ge ✓' rans ortation; E. -rcial etail uses and adjacent residential ■ Beautify the commercial co 'dor through betty rehabilitation of old buildings and improvement of landscaping and streetscaping, ildin2 facades. In order to make developm nt sites attractive to ne and expanding businesses, communities are frequently ailed upon to provide financ 1 incentives and programs. Other development sites in e metro area, which already cat to commercial and office uses, make tax increment financing available to qualifying sinesses. The City has identified the Riverfront ossings Urban Renewal Area to be a lighted area, as defined by Iowa Code 403.17 ( 011). It is in the interest of its citize to provide financial incentives and program in order to encourage blight remediation and revitalization of such areas. Redevelopment of p t perty within the the Riverfront Crossings Urban R newal Area was of particular inter to residents of the Miller Orchard neighborhoo due west of Riverside Drive d ring the planning of the Miller Orchard Neighborhood P n in the Fall of 2008 and Spring of 2009. Residents of the neighborhood expressed desire for reinvestment in the Riverside commercial area, with better streetscapes and landscapes and increased diversity of businesses. Commercial redevelopment of this area would coincide with the residential neighborhood improvements occurring as part of the Miller 3 Orchard neighborhood plan. The Riverfront Crossings Urban Renewal Plan is one component of broader redevelopment efforts that will eventually encompass the east side of the Iowa River. Those broader redevelopment efforts are planned to include significant investment in new residential, mixed -use and commercial properties. The City intends to make available the use of tax in, finance the co truction of some of the necessary pu within the Rive ont Crossings Urban Renewal Area. available the use f tax increment financing to provi other incentives fo qualifying commercial or residen the goals and object' es set forth herein. Iment financing as a means to is infrastructure improvements a addition, the City may make direct grants, loans, rebates or developments that help achieve To achieve the primary bjectives of this Plan, the /city of Iowa City shall undertake the urban renewal actions as pecified in this Urban enewal Plan, pursuant to the powers granted to it under Chapter 15A and 403 of the 2011 Code of Iowa, as amended. Section 2- District D With the adoption of this Plan, appropriate for elimination and r, tion 0 w City esignates this Urban Renew#�,Ared -iis as This Urban Renewal Area is locatet Southwest District Plan, a component c need for changes and improvements interface between commercial and i disinvestment and declining propert y v the Southwest District Plan calls fo bi )n f bight. rn thin the Southwest District of tfi�(, °Cit)T-,7 The`y_ Iowa City's Comprehensive Plan, ` d ss= the this area, citing the lack of attention W, the a ential uses having contributed to g &eral ue in the Southwest District. Updated in 2002, din that would better blend the business with the residential neighborhood. /s. 008 flood \exarbated Iowa River exceeded the 100 -year flood level and inundated muthe Urban wal Area. Most of the area east of Riverside Drive and much ofrea west erside Drive was under water for a period of approximately 30 dhis event the blighted condition of this Urban Renewal Area. Several buildings west of t Iowa River and east of � the historic flood of 2008 c using several businesses to considerable rehabilitatio of existing buildings. Altho- rebuilt after the flood or re of newer construction, a su properties are appropri e for blight remediation. verside Drive were inundated in lose or relocate and necessitating there are a few properties that s0aitial number of structures and In addition, many proerties along Orchard Street south of Ben on Street and along either side of Riverside Drive sit on small lots that do not provide ade uate or attractive spaces for development. These lots also lack efficient access from nei boring streets and are plagued by restricted traffic flow. The configuration of Sturgi Corner Drive off of Riverside Drive has contributed to the accessibility problems in particular for businesses S in the southeast portion of the Urban Renewal Area. The overall lot configuration and lack of accessibility reduces the usefulness of these properties, leading to a general diminution of property values. The disinvestment that has plagued the Urban Renewal Area is circular; the decision by existing property owners to not reinvest in their property reduces the likelihood that neighboring property owners will choose to invest. Th cycle, spurred on by the flood of 2008, inadequate lot sizes, poor traffic flow and lac of site accessibility, substantially impairs or arrests the sound growth of this area, onstitutes an economic and social liability in its present condition and use. The Area does cont 'n several well - established, do not conform with t City's current design sta rehabilitation or redeye pment of certain site Drive is difficult due to la k of turn lanes and p Sidewalk accessibility is - scontinuous and inconsistent and absent in p aces. Landscap nonexistent. Cross - access ease nts between 1 t could be enhanced through incen 'yes enable b� foster economic development in the rea. s ccessful businesses that nevertheless Pards, and may benefit from substantial mprovements. Access from Riverside Aiferation of driveways in the corridor. adequately designed. Curb ramps are and pedestrian amenities are nearly are largely absent. All of these features the Urban Renewal Area, which would Overall, the area is designated for blig re ediation due to the presence of a substantial number of deteriorated or deteriorating N ctures, defective or inadequate street layout, faulty lot layout in relation to size, adequ y, accessibility or usefulness, deterioration of sites, and the existence of conditions *ch endanger property by various causes, including a combination of the foregoing fact s. Such conditions substantially impair or arrest the sound growth of the City, re d the rovision of housing accommodations, or constitute an economic or social liabill and are menace to the public health, safety or welfare of the City in the area's presen condition d use. Section 3- Base Value If the Riverfront Crossings Urb the Renewal Area is eg certified prior to December 1, 201 taxable valuation i 2010 will be considered the "bas valuation ". If the debt is the "base value" will be the ass sed value of the taxable p Area as of January 1 of the cal ndar year preceding the cal first certifies the amount of any debt. Section 4- Urban Rene-dal Plan Objectives ally established and debt is thin the Area as of January 1, of certified until a later date, r erty in the Urban Renewal e ar year in which the City The overall goal of this Pla is to formulate and execute a workable and private resources to d velop the Urban Renewal Area for retai commercial or residential ses. The following objectives are hereby proposed Urban Renewa roject Area: C mr i g Jig ffit e,- and�,i�her �1 A� r the � - i • To assist with blight remediation efforts; • To encourage and support development that will expand the taxable values of property within the Urban Renewal Project Area; • To reverse the deterioration of commercial properties within the Urban Renewal Project Area; ■ To eri ourage new development of commercial businesses in the Urban Renewal Project Area, in particular high - quality /aa ts, retail stores to serve the surroun \redevlopment ommunity, banks and hotels.; ■ To mablic improvements as deemesary by the City to support commed recreational activity within t Renewal Project Area; ■ To prov ncial incentives and assistancifying projects and businesses as necessa • To contdev lopment along the Iowa R■ To assi prom to development of gre and recreation trails along the Iowa Ri■ To estan attractiv vibrant southern hiorridor to the city; ■ To prov the orderl hysical and econo wth of the city; ■ To prover support as Rowed under to Chapters 15, 15A and 403. Section 5- Description of Urhan Ren The legal description of this proposed,.Urb Plan as Addendum No. 1 — Legal Descri ioi Area Renewal Project Area is included in the The location and general boundaries of th iverfront Crossings Drive Urban Renewal Plan Area are shown on Addendum No. 2 — \rage Map: Riverfront Crossings Urban Renewal Project Area. This area is approx'mares. Section 6- Proposed Urban Rene al s and Proposed Projects To meet the objectives of this Plan a d to ethe development of the Area, the City intends to utilize the powers con rred u ant to Iowa Code Chapters 15A and 403 (2011) and to make availabl financtiv , including but not limited to, tax increment financing for the follo ing acti Pro osed Projects: 1. Undertake and carry o t urban renewal projects though the execution of contracts and other inst ments; FA 3 Make or have made su eys and plans necessary for the 'mplementation of the Urban Renewal Plan o specific urban renewal projects;; To acquire and di 4. Make loans, forgil persons or busines may be determined 0 of property for urban renewal project 4A r �% le loans, grants, rebates, or other incen� �10's' to`�'privat�"�"' es for economic development purposes oi terms by the Iowa City City Council, in its sole d'1§ tic �•3 I 5. Provide for the installation of infrastructure and roadway improvements; 6. Use any or all other powers granted by the Urban Renewal Act to develop and provide for improved economic conditions in Iowa City; 7. Encourage the incorporation of energy /eicient building techniques such as those specified in the Iowa Green Bng Standards, or those attaining ED certification, through the use o increment financing, in the sole di retion of the City Council; 8. Privat Site Improvements: Private ite improvements may include, but are not limi d to, demolition of existi g buildings and site preparation; design and cons ction of buildings; grading for building construction and amenities; ving and parking; landscaping; and installation of on -site utilities. Tax crement fin, finance these p ivate site it development prod cts recei funding assistance ay be Committee. Design r iew consistent with the goa of Council may designate R all improvements to buildi to Design Review accordi t ti may be granted to qualifying entities to �r vements, at City Council's discretion. Any tax increment financing or other public ject to review by the Staff Design Review )roval may be based on compliance with design e Southwest District Plan. In addition, the City ide Drive a "Design Review District," whereby or property within the district would be subject the aforementioned design guidelines; 9. Public Infrastructure Im ovem ts: Public infrastructure improvements may include, but are not li ited to, orm water management facilities, public streets and sidewalks, rails, parks, anitary sewers, storm sewers, and open space and streetscap improvemen . Tax increment financing may be available to finance ye. construction o these improvements, in whole or in part, at the City Cou cil's discretion; 10. Financial Incentiv s: At the City Council discretion and as permitted by Iowa Code Secti 403.19 (2011), tax incre ent financing may be available for providing ar ct grants, loans, property tax ebates, or other incentives for qualifying pr( is and businesses in the Urban enewal Area; 11. Tax incremen financing may be used for, but is n t limited to, financing the private site ' mprovements and public infrastruct e improvements listed above. Qua ifying projects and businesses shall be etermined by the City Council on case by case basis. Section 7- Confo mance with Land Use Policy and Zoning OrdinaWe Comprehensive Pan -f ' v e i 7 - P The Urban Renewal Area is located within the area designated by the Iowa City Comprehensive Plan as the Southwest Planning District. The Iowa City Comprehensive Plan designates the Urban Renewal Project Area as appropriate for general commercial and residential uses. This Pl '%roposed is consistent with the Iowa City Compre ensive Plan, particularly the Southwict Plan, last amended in 2002. Current a Zoning and Land Uses The Area is curre ly zoned CC -2, as defined by the owa City Zoning Code. The current land use for the prod ct area is commercial. The pr osed land uses include retail, office, and other commercia\nRiverside mitted in the CC -2 ones. The City may amend its zoning code to create a nn Review Distri t and /or a new, mixed -use zoning classification approp Drive and may rezone the area to be so designated. Any rezois area, includin the creation of a new zoning category under the Zoning Coconsistent with e Comprehensive Plan. Section 8- Relocation The City does not expect there to be a re cation required of residents or businesses as part of the proposed urban renewal prod c ; however, if any relocation is necessary, the City will follow all applicable relocation r uirements. N Section 9- Financial Data 1. Constitutional Debt Limit: $ 13 337,980 CJ � 2. Current general obligation d bt: $ 91, 1 ,000 rrl 3. Proposed amount of inde edness to be incurre Although a spec rd`an rR_ nt 6f-' tax increment debt to e incurred (including rect grants, loans, adv nces, indebtedness, or bonds) for projects over time has of yet been determined, it is anticipated that the c st of the Proposed Projects nd activities identified in Section 6 above will e between $5 to $10 million. n no event will debt be incurred that would xceed the City's debt capacity. I is further expected that loans, advances, ind tedness or bonds to be incurred for t e Proposed Projects or subsequent project including interest on the same, will be financed in whole or in part with tax i crement revenues from the Urban Rene al Area. The City Council will cons' der each request for financial assistance or a oject proposal on a case -by -case b is to determine if it is in the City's best interest o participate. Section 10- Urba Renewal Plan Amendments This Urban Rene 1 Plan may be amended from time to time for a number of reasons, including, but limited to changes in the boundary, to add or change land use controls 9 or regulations, to modify goals or types of renewal activities, or to amend property acquisition and disposition provisions. If the City of Iowa City desires to amend this Urb Renewal Plan, it may do so after providi g public notice, holding a public hea ng on the proposed change, and undertak' g other required actions, all in confo ance with applicable state and local laws. Section 11 - roperty Acquisition /Disp sition The City may pro ide incentives for land ac isition in the Area. The City will follow applicable procedur for the acquisition and isposition of property. Section 12 - Effective Period This Urban Renewal Plan w become eff ctive upon its adoption by the City Council of Iowa City and will remain in e ect as a p an until it is repealed by the City Council. The use of tax increment financing r enues including the amount of grants, loans, advances, indebtedness or bonds which qual fo payment for the division of revenue provided in Section 403.19 of the Code of Iowa) b the City for activities carried out under the Urban Renewal Plan is not limited due to th designation of the area as blight. However, the use of tax increment financing incenti es hall be limited as deemed appropriate by the Council and consistent with all applicable rovisions of law. M �J C-0 � c �e M Addendum No. 1 Legal Description of the Urban Renewal Project Area The Riverfront Crossings Urban Renewal Area include the following: Begini ng at a point on the southeast corner of Sturgis omer Addition Part II; Thence so herly to the centerline of U.S. Highway 6* Thence wester along said centerline to its intersec on with S. Riverside Drive; Thence continuing esterly along the centerline o State Highway 1 to a point where it intersects with the cen erline of Orchard Street ex ended; Thence northerly alon\therailr f Orchar Street to the centerline of the Iowa Interstate Railroad; Thence easterly along terline o a point that is 190', more or less, west of the point of intersectioand t e centerline of State Highway I /Riverside Drive; Thence northerly to the north right -of -wa )(line of said railroad; Thence north 118' to the south right -of -, (ay Thence north 12.5' to the centerline of/S. Ri Thence west along said centerline to here it in boundary of property described as follows: of S. Riverside Court; Court; with the extension of the west Commencing 459.5' east Iroperty he SW corner of Lot \the 0'; E60'; 5100% W60', Ryerson's and Sharp's Suvision. Thence northerly along said west line extended tnterline of Myrtle Ave; Thence east along said centerlin4, continuing east to the west bank`Qf the Iowa River; Thence southerly along the we� bank of the Iowa River to the point ol` eginning; And the right of way of all ad'acent roads. r 10 Ll Addendum No. 2 EjlUverfront Crossin Urban Rene-wal Area Approximately 44/Acres 00812191-1\10714-106 LlRivexfront Cross' Uxban Renewal Area pppp Approximately 44�cres 9 Faulty lot layout in relation to size adequacy, accessibility or usefulness Unsanitary or unsafe conditions y., a °�`'�'� MENJM i