Resolution 2025-082 – A Resolution to Approve Urban Renewal Plan Amendment for the Tiffin Urban Renewal Area

Tiffin / 436989-51/ UR Amend Hrg No Adds RESOLUTION NO.2025-082 Resolution to 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 rehabilitation, conservation, redevelopment, development or a combination thereof, 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 prior resolution 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, an amendment (the “Amendment”) to the Plan has been prepared which authorizes the undertaking of new urban renewal projects in the Urban Renewal Area consisting of (1) providing an economic development grant to Honey Lane Development, LLC (“Honey Lane”), in connection with the construction by Honey Lane of certain public infrastructure improvements necessary to support commercial development; (2) providing an economic development grant to a private developer (the “Developer”) in connection with the construction by the Developer of a Dollar General Store; and (3) providing tax increment financing support to Iowa Development Group, Inc. (the “Corporation”) in connection with the construction by the Corporation of a new building for use in the business operations of a University of Iowa medical clinic; 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 Council has conducted said hearing on November 4, 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 October 15, 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. The Amendment, attached hereto and made a part hereof, is hereby in all respects approved. Section 2. It is hereby determined by this City Council as follows: -3- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA 4918-1629-8101\2