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Date
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December 18, 2006
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Agenda
Item No. 34 Roll
Call No. 06- Communication No. 06-779 Submitted by: Larry Hulse, Community Development Director |
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AGENDA HEADING:
Approving items
related to the petition to establish the Ingersoll Avenue Self-Supported
Municipal Improvement District:
(A) Receive and file the Evaluative Report
and Recommendation of the Plan and Zoning Commission.
(B)
Set the
date of public hearing for January 8, 2007.
(C)
Direct
staff to send certified notice of the public hearing to all property owners
within the proposed Ingersoll Avenue SSMID boundary.
SYNOPSIS:
Recommend
approval to proceed with actions to establish the Ingersoll Avenue
Self-Supported Municipal Improvement District. On November 20, 2006 the City
Council received and filed a petition to establish the Ingersoll Avenue SSMID.
The petition was referred to the Plan and Zoning Commission for preparation of
an evaluative report and recommendation to be received by the City Council for
the December 18, 2006 regular City Council meeting. The Commission’s evaluative report on the merit and feasibility
of establishing the Ingersoll Avenue SSMID and recommendation to establish the
SSMID are attached. Staff recommends
that the Council receive and file the evaluative report and recommendation, set
public hearing on approval of the SSMID for January 8, 2007 and direct staff to
send certified notice of the public hearing to all property owners within the
proposed Ingersoll Avenue SSMID boundary.
FISCAL IMPACT: NONE
ADDITIONAL INFORMATION:
The petition contains signatures from
more than the required 25% of the owners of taxable properties within the
district. As of December 7, 2006, the
petition has been signed by the owners of 55.6% of the taxable property in the
district (20 of 36). The signatures
also represent ownership of property with an assessed value of more than the
required 25% of the assessed value of all taxable property in the District. As of December 7, 2006, the signatures
represent property ownership with an assessed value of 70.3% of the total
assessed value for taxable property in the District ($8.793M of $12.509M).
PREVIOUS COUNCIL ACTION(S):
Date: November 20, 2006
Roll Call Number: 06-2338
Action: Receipt
of Petition to Establish an Ingersoll Avenue Self-Supported Municipal
Improvement District (SSMID).
Moved by Hensley to receive, file and refer the petition to the City Plan and
Zoning Commission for preparation of an evaluative report on the merit and
feasibility of establishing the Ingersoll Avenue SSMID and to make
recommendations with respect to the establishment of the project, all to be
received by the City Council for the December 18, 2006, regular City Council
meeting. Motion Carried 5-0. Mayor Cownie declares a conflict of interest
and abstains from voting.
BOARD/COMMISSION ACTION(S):
Date: December 7, 2006
Roll Call Number: N/A
Action: The
Plan and Zoning Commission approved the evaluative report and recommended
approval of the Ingersoll Avenue SSMID.
ANTICIPATED ACTIONS AND FUTURE COMMITMENTS:
Pursuant to
Section 386.3(6) of the Iowa Code, the City Council must wait at least thirty
(30) days after the public hearing is held before it may adopt an ordinance
establishing the proposed SSMID. Staff
anticipates that first reading of an ordinance to establish the proposed SSMID
will be scheduled for February 12, 2007.