Resolutions-2025-004

Tiffin / 436989- 48/UR FIrg Add to Area RESOLUTION NO. 2025- 004 A Resolution to Declare Necessity and Establish an Urban Renewal Area, Pursuant to Section 403. of the Code of Iowa and Approve Urban Renewal Plan Amendment for the Tiffin Urban Renewal Area WHEREAS, as a preliminary step to exercising the authority conferred upon Iowa cities by Chapter 403 of the Code of Iowa ( the " Urban Renewal Law"),a municipality must adopt a resolution finding that one or more slums, blighted or economic development areas exist in the municipality and that the development of such area or areas is necessary in the interest of the public health, safety or welfare of the residents of the municipality; and WHEREAS, this City Council of the City of Tiffin, Iowa ( the " City") by resolution previously established the Tiffin Urban Renewal Area ( the " Urban Renewal Area")and adopted an urban renewal plan ( the " Plan") for the governance of projects and initiatives therein; and WHEREAS, a proposal has been made which shows the desirability of expanding the Urban Renewal Area to add and include all the property ( the " Property") lying within the description set out in Exhibit A hereto; and WHEREAS, the proposal demonstrates that sufficient need exists to warrant finding the Property to be an economic development area; and WHEREAS, an amendment ( the " Amendment") to the Plan has been prepared which ( 1) covers the addition of the Property to the Urban Renewal Area; and ( 2)authorizes the undertaking of new urban renewal projects in the Urban Renewal Area consisting of ( a)using tax increment recreation center and ( b)using financing to pay the costs of constructing a municipal community/ tax increment financing to pay the costs of widening North Park Road; and WHEREAS, notice was given of a public hearing by the City Council of the City on the question of amending the plan for the Urban Renewal Area and designating an expanded Urban Renewal Area, pursuant to Chapter 403, Code of Iowa, and the Council has conducted said hearing on January 7, 2025; and WHEREAS, copies of the Amendment, notice of public hearing and notice of a consultation meeting with respect to the Amendment were mailed to Johnson County and the Clear Creek Amana Community School District; the consultation meeting was held on December 23, 2024; and responses to any comments or recommendations received following the consultation meeting were made as required by law; and NOW, THEREFORE, It Is Resolved by the City Council of the City of Tiffin, Iowa, as follows: Section 1. An economic development area as defined in Chapter 403 of the Code of Iowa is found to exist in the City on the Property. 3- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA 2 6920\ 8976- 4934-