Resolutions-2025-026

Tiffin/436989- 49/ UR Amend Hrg No Adds RESOLUTION NO. 2025- 026 A Resolution to Approve Urban Renewal Plan Amendment for the 2017 Park Place Commercial 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, the City Council of the City of Tiffin, Iowa ( the " City")by resolution previously established the 2017 Park Place Commercial Urban Renewal Area ( the " Urban Renewal Area")and adopted an urban renewal plan ( the " Plan") for the governance of initiatives and projects therein; and WHEREAS, an amendment ( prepared which the " Amendment") to the Plan has been authorizes the undertaking of a new urban renewal project in the Urban Renewal Area consisting of providing tax increment financing to Park 3, LLC in connection with the construction of a mixed -use building including commercial and retail units in the Urban Renewal Area; and WHEREAS, notice of a public hearing by the City Council on the proposed Amendment was heretofore given in strict compliance with the provisions of Chapter 403 of the Code of Iowa, and the City Council has conducted said hearing on March 18, 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 March 3, 2025; and responses =to any -comments - or recommendations received following the consultation =_ meeting were made as required by law; NOW, THEREFORE, It Is Resolved by the City Council of the City of Tiffin, Iowa, as follows: Section 1. It is hereby determined by this City Council as follows: A. The proposed Amendment and the projects and initiatives described therein conform to the general plan of the municipality as a whole; B. The proposed development projects described in the economic Amendment are necessary and appropriate to facilitate the proper growth and development of the City in accordance with sound planning standards and local community objectives; and C. It is not anticipated that families will be displaced as a result of the City' s undertakings under the Amendment. Should such issues arise in the future, then the City 3- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA