Sep 24, 2024 City Council

BEFORE WE VOTE ON THE ORDINANCE FOR WE DO HAVE TO VOTE ON AN ORDINANCE FOR THIS ITEM.

SO BEFORE THAT, DOES COUNCIL HAVE ANY COMMENTS ON THAT? ALL RIGHT. SEEING NO FURTHER QUESTIONS, WILL APPROVAL OF THE ORDINANCE ON ITS FIRST READING HAS BEEN MOVED BY COUNCIL MEMBER SCOTT OLSON, SECONDED BY COUNCIL MEMBER TODD.

THANK YOU. ITEM NUMBER TWO IS A PUBLIC HEARING TO CONSIDER THE RESOLUTION OF NECESSITY PROPOSED FOR THE 2025 SIDEWALK INFILL PROJECT.

[2. A public hearing will be held to consider the Resolution of Necessity (Proposed) for the 2025 Sidewalk Infill project (Ken DeKeyser). (Council Priority) CIP/DID #3012074-00]

KEN DEKEYSER IS HERE.

KEN, I'LL RECOGNIZE YOU.

GOOD AFTERNOON, MAYOR AND COUNCIL.

KEN DEKEYSER WITH PUBLIC WORKS.

FOR THIS PROJECT, WE ARE DOING A SIDEWALK INFILL.

SO WE'RE GOING TO BE FILLING IN SOME GAPS BETWEEN EXISTING SIDEWALK ENDS.

WE'RE ALSO ADDING FOR ONE OF OUR LOCATIONS, THE CONCRETE BUS STOP, AND THEN SEVERAL CURB RAMPS AT VARIOUS LOCATIONS WITHIN THE INFILL AREA.

IN GENERAL, THE PROJECT SUPPORTS OUR CITY'S PEDESTRIAN MASTER PLAN AND ENVISION CR FOR THE NEED FOR COMPLETE STREETS.

THESE ARE THE PROJECT LOCATIONS.

MOST OF THEM ARE ON THE NORTHEAST SIDE.

AND THEN WE HAVE ONE AT FIRST AVENUE WEST AND EDGEWOOD NEAR SAINT JUDE'S.

SEVERAL OF THESE LOCATIONS ARE IN LINE WITH THE PEDESTRIAN MASTER PLAN.

THIS IS AN EXCERPT FROM THE MASTER PLAN, SHOWING A HEAT MAP OF AREAS THAT WITH PUBLIC INPUT INDICATED A DESIRABLE AREA TO WALK AND A NEED TO WALK IN THOSE AREAS. SO THREE OF THE LOCATIONS HERE ARE, ARE WITHIN.

AND THEN WE GOT ONE THAT'S FAIRLY CLOSE TO, TO AN AREA DESIRABLE FOR WALKING.

WE HAVE A PRELIMINARY SPECIAL ASSESSMENT.

THAT'S WHAT THE COUNCIL IS TO CONSIDER TONIGHT.

WITHIN THE OVERALL PROJECT THERE ARE THREE PARCELS SUBJECT TO A SPECIAL ASSESSMENT TO AT COTTAGE RIDGE COURT NORTHEAST AND ONE AT EAST MAIN STREET NORTHEAST. THE REASON WHY THESE ARE BEING ASSESSED IS BECAUSE THEY ARE MORE RECENT SUBDIVISIONS.

AFTER 1998, SIDEWALKS WERE CODIFIED INTO THE CHAPTER 31 SUBDIVISION CODE, AND BECAUSE THESE LOTS WERE LEFT VACANT OR WITH A SIDEWALK GAP FOR MORE THAN FIVE YEARS, PER THAT THAT SUBDIVISION CODE, WE ARE ALLOWED TO GO IN AND DO A SPECIAL ASSESSMENT AND COMPLETE THOSE GAPS.

SO IN THE PROJECT HERE, THE TOTAL ACCESSIBLE COST IS $17,200 OUT OF AN ESTIMATED $376,000 PROJECT.

THE PRELIMINARY ASSESSMENTS HAVE BEEN FILED WITH THE CITY CLERK, AND NOTICE IS ALREADY SENT TO PROPERTY OWNERS.

AND THEN, WHEN THE CONSTRUCTION IS COMPLETE, TO FINAL ASSESSMENTS WILL BE LEVIED.

SO THIS IS THE RESOLUTION OF NECESSITY THAT THE COUNCIL WOULD CONSIDER THIS FOUR DIFFERENT OPTIONS FOR YOU.

THE FIRST ONE IS ADOPT A RESOLUTION OF NECESSITY WITHOUT AN AMENDMENT, AND THEREFORE WE WOULD PROCEED WITH THE PROJECT.

WITH THAT, WE NEED AT LEAST SEVEN VOTES TO FOR THAT TO PASS.

THE SECOND WOULD BE TO AMEND THE PRELIMINARY ASSESSMENTS WITH ANY ANYTHING THAT YOU WOULD DESIRE, AND THEN WE WOULD ADOPT AND PROCEED WITH THAT.

WE COULD DEFER THIS FOR FURTHER REVIEW OR ABANDON THE PROJECT ALTOGETHER.

AND WITH THAT, PUBLIC WORKS DEPARTMENT RECOMMENDS ADOPTION OF THE RESOLUTION WITHOUT AMENDMENT.

THANK YOU. ALL RIGHT.

THANK YOU. KEN. THIS IS A TIME AND A PLACE FOR A PUBLIC HEARING ON THIS MATTER.

DOES ANYONE HERE WISH TO ADDRESS COUNCIL? LET THE RECORD SHOW. A PUBLIC HEARING HAS BEEN HELD WITH NO OBJECTIONS.

FOR THE RECORD. THAT BRINGS US TO COUNCIL.

COUNCIL MEMBER VANORNY.

THANKS, MAYOR. CAN. THE ONLY QUESTION I REALLY HAVE IS THE LAST PROJECT THAT WE WERE JUST TALKING ABOUT.

YOU KNOW, HASN'T EVEN BEEN BUILT YET, AND IT WASN'T ON THE MAP.

WE HAVE THE AMERICAN PRAIRIE DEVELOPMENT THAT'S OBVIOUSLY GOING TO COME ONLINE AT SOME POINT, WHICH IS, YOU KNOW, SET TO BE ONE OF THE BIGGEST DEVELOPMENTS IN CEDAR RAPIDS HISTORY. I JUST WANT TO MAKE SURE THAT WE ARE FACTORING THAT IN AS WE'RE DOING THIS, SO THAT WE ARE COMING BACK PROBABLY SOONER THAN LATER, TO CONSIDER SOME OF THE PEDESTRIAN MASTER PLAN TO INCLUDE SOME OF THAT SPACE, TOO, BECAUSE I KNOW THAT THERE'S BEEN DIFFERENT DEVELOPMENTS THAT HAVE HAPPENED, BUT THEY'RE NOT NECESSARILY CONNECTED TOGETHER YET, AND THERE'S QUITE A BIT OF INFRASTRUCTURE THAT'S GOING TO HAPPEN THERE AND WRIGHT BROTHERS BOULEVARD.

BUT JUST SO THAT WE'RE I'M SURE YOU ARE JUST SAYING IT OUT LOUD TO CONFIRM THAT WE'RE GOING TO CONSIDER THAT, YES, WE ACTUALLY HAVE A GREAT OPPORTUNITY FOR THAT.

WE ARE LOOKING AT AN AMENDMENT WITH THE PREVIOUS PREPARERS OF OUR MASTER PLAN TO UPDATE IT.

IT'S BEEN A FEW YEARS, SO WE ARE GOING TO DO A REFRESH ON THAT AND LOOK AT SOME OF THE MORE CURRENT AREAS.

[00:40:03]

SO THANK YOU. ALL RIGHT.

SEEING NO FURTHER QUESTIONS.

THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER POE, SECONDED BY COUNCIL MEMBER OVERLAND.

ITEM NUMBER THREE IS A PUBLIC HEARING TO CONSIDER THE PROPOSED PLAN SPECIFICATIONS, FORM OF CONTRACT AND ESTIMATED COST FOR THE THIRD AVENUE SOUTHEAST AT 10TH STREET INTERSECTION

[3. A public hearing will be held to consider the proposed plans, specifications, form of contract and estimated cost for the 3rd Avenue SE at 10th Street Intersection Improvements project (estimated cost is $170,000) (Ken DeKeyser). (Council Priority) CIP/DID #3016016-24]

IMPROVEMENTS PROJECT.

THIS HAS AN ESTIMATED COST OF $170,000.

KEN, I'LL RECOGNIZE YOU AGAIN.

THANK YOU. SO THIS IS AN INTERSECTION ACCESSIBILITY IMPROVEMENT AT THIRD AND 10TH, AND IT'S IN RESPONSE TO A NUMBER OF PUBLIC AND MEDICAL CONCERNS.

WE'RE GOING TO BE REPLACING SOME ACCESSIBLE SIDEWALK RAMPS.

THE CROSSWALKS WITHIN THE STREET ITSELF TO MAKE THE SLOPE AN ACCEPTABLE SLOPE TO BE ACCESSIBLE, AS WELL AS RELOCATE PUSH BUTTONS SO THAT THEY'RE REACHABLE AND YOU CAN GET TO THEM, AND THEN SOME TIMING ADJUSTMENTS TO THE SIGNALS AND THE PEDESTRIAN, THE PEDESTRIAN SIGNAL TO ALLOW FOR SOME MORE TIME ACROSS THE INTERSECTION.

THE PROJECT BIDS ON OCTOBER 2ND.

IT'S GOING TO BE A FAIRLY QUICK PROJECT.

WE EXPECT THAT IT WOULD START BY NOVEMBER, AND WE DO INTEND TO GET THE PROJECT COMPLETED SUBSTANTIALLY WITHIN THIS YEAR WITHIN THE 28 CALENDAR DAYS.

$170,000 COST TO PIN IN, AND THE PROJECT WOULD FULFILL THE COUNCIL'S PRIORITY FOR QUALITY OF LIFE WITH SIDEWALK REPAIRS AND ACCESSIBILITY.

THIS IS THE LOCATION.

THIRD AVENUE SOUTHEAST AND 10TH STREET.

AND THEN HERE IS JUST AN OVERVIEW OF THE CONSTRUCTION.

IN THE BLUE WOULD BE LIKE THE PEDESTRIAN RAMPS.

WE HAVE SOME BRICK WORK THAT'S GOING TO BE REMOVED AND REPLACED TO FIT THE NEW ELEVATIONS OF THE RAMPS, AND WE WILL BE REMOVING THE CROSSWALKS THROUGH THE STREETS AND RECONSTRUCTING THOSE.

AND THEN AS I MENTIONED, RELOCATING PUSH BUTTONS.

AND THIS WILL ALL BE STAGED APPROPRIATELY.

WE WILL KEEP THE INTERSECTION UNDER, YOU KNOW, UNDER STREET TRAFFIC WHILE WE GET THE RAMPS AND THE WORK ALONG THE SIDES THERE COMPLETE.

HOWEVER, THERE WILL BE SOME CLOSURES IN ORDER TO GET THE CROSSWALKS COMPLETE.

AND LIKE ALWAYS, WE WILL BE HAVING A WE HAVE A PRETTY COMPREHENSIVE TRAFFIC CONTROL PLAN TO GO ALONG WITH THIS.

SO WITH THAT WE RECOMMEND APPROVING THE RESOLUTION TO ADOPT THESE PLANS.

THANK YOU. THANK YOU, KEN.

THIS IS A TIME AND A PLACE FOR PUBLIC HEARING ON THIS MATTER.

DOES ANYONE HERE WISH TO ADDRESS COUNCIL? ALL RIGHT. LET THE RECORD SHOW A PUBLIC HEARING HAS BEEN HELD WITH NO OBJECTIONS.

COUNCIL. ALL RIGHT.

SEEING NO FURTHER QUESTIONS, THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER OVERLAND, SECONDED BY COUNCIL MEMBER TYLER OLSON.

THANK YOU. ITEM NUMBER FOUR IS A PUBLIC HEARING TO CONSIDER THE PROPOSED PLAN SPECIFICATIONS, FORM OF CONTRACT AND ESTIMATED COSTS FOR THE WPCF

[4. A public hearing will be held to consider the proposed plans, specifications, form of contract and estimated cost for the WPCF – Decant Tank Improvements project (estimated cost is $1,700,000) (Terry Tiedemann). (Council Priority) CIP/DID #6150057-02]

DECANT TANK IMPROVEMENTS PROJECT.

THIS HAS AN ESTIMATED COST OF $1,700,000.

TERRY TIEDEMANN IS HERE.

TERRY, I'LL RECOGNIZE YOU.

THANK YOU. MAYOR. GOOD AFTERNOON.

COUNCIL. TERRY TIEDEMANN WITH UTILITIES DEPARTMENT.

THE DECANT TANKS AND ASSOCIATED PIPELINES, WHOOPS, CIRCLED HERE IN RED, WERE ORIGINALLY CONSTRUCTED IN 1978 AND WERE REHABILITATED IN 2007. FOLLOWING THE DESTRUCTION OF THE MICROORGANISMS IN THE LOW PRESSURE OXIDATION PROCESS, THE DECANT TANKS THICKEN THE BIOLOGICAL SLUDGE BY REMOVING THE LIQUID STORED WITHIN THE CELLULAR WALLS OF THE MICROORGANISMS. THE DECANT SYSTEM OPERATES UNDER HIGH TEMPERATURES IN ATMOSPHERES WITH HIGH LEVELS OF HYDROGEN SULFIDE GASES, WHICH ARE VERY CORROSIVE TO METAL AND CONCRETE SURFACES.

THIS IMPROVEMENT PROJECT INCLUDES THE REMOVAL AND REPLACEMENT OF THE ODOR CONTROL SYSTEM AND ASSOCIATED PIPELINES, INCLUDING SLUDGE LINES, INFLUENT LINES, EFFLUENT LINES FOR BOTH DECANT TANKS THAT HAVE EXPERIENCED HIGH LEVELS OF CORROSION.

THE ENGINEER'S ESTIMATED OPINION OF PROBABLE CONSTRUCTION COST, WHICH INCLUDES $100,000 ALLOWANCE, IS $1,800,000.

BIDS WILL BE OPENED ON OCTOBER 9TH, WITH CONSTRUCTION EXPECTED TO BEGIN THIS NOVEMBER THROUGH SEPTEMBER OF 2025.

THE WATER POLLUTION CONTROL DIVISION RECOMMENDS APPROVAL OF THE RESOLUTION FOR THIS PROJECT.

WITH THAT, I'LL TURN IT BACK TO YOU, MAYOR.

THANK YOU. TERRY. THIS IS A TIME AND A PLACE FOR A PUBLIC HEARING ON THIS MATTER.

DOES ANYONE HERE WISH TO ADDRESS COUNCIL? ALL RIGHT. LET THE RECORD INDICATE A PUBLIC HEARING HAS BEEN HELD WITH NO OBJECTIONS.

FOR THE RECORD, COUNCIL.

ALL RIGHT.

SEEING NO FURTHER QUESTIONS, THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER HAGER, SECONDED BY COUNCIL MEMBER MEYER.

AND THIS MOTION CARRIES HERE IN THE CITY OF CEDAR RAPIDS, WE HAVE TWO PUBLIC COMMENT PERIODS.

[00:45:02]

THE FIRST PUBLIC COMMENT PERIOD IS A CHANCE FOR THE PUBLIC TO ADDRESS THE CITY COUNCIL ON ANY SUBJECT PERTAINING TO COUNCIL ACTION THAT'S SET FOR TODAY.

A SECOND PUBLIC INPUT PERIOD WILL COME AT THE END OF THE MEETING FOR RESIDENTS TO SPEAK ON ISSUES THAT ARE GERMANE TO THE CITY, BUT MAY NOT NECESSARILY BE ON THE AGENDA TODAY.

COUNCIL MEMBERS AND CITY STAFF MAKE THEMSELVES AVAILABLE BEFORE AND AFTER THE COUNCIL MEETING AT THIS TIME DURING PUBLIC COMMENT.

WE ARE HERE TO LISTEN AS A COUNCIL.

PLEASE REMEMBER THAT ALL THE MATTERS I ADDRESSED PRIOR TO THE FIRST PUBLIC HEARING DO APPLY TO THIS PUBLIC COMMENT PERIOD AS WELL.

A REMINDER TO STAY AT THE LECTERN.

WHEN YOU SEE THE LIGHT TURN YELLOW, YOU HAVE ONE MINUTE.

WHEN IT'S RED, WE ASK YOU TO TAKE YOUR SEAT.

ALL COMMENTS NEED TO BE DIRECTED TO THE MATTERS WE WISH TO ADDRESS AND NO ABUSIVE PERSONAL.

OKAY. AND I'M GETTING.

I'M GETTING A NOD FROM THE OFFICER.

WE HAVE NO ONE SIGNED UP FOR PUBLIC COMMENT, SO WE'LL JUST MOVE ALONG.

WE WILL OFFICIALLY, THOUGH, WE NEED TO OFFICIALLY CLOSE OUT OUR PUBLIC COMMENT PERIOD.

AND ACTING CITY MANAGER SMITH, ANY CHANGES TO THE AGENDA?

[MOTION TO APPROVE AGENDA]

MAYOR, THERE ARE NO CHANGES TO THE AGENDA.

THANK YOU. DO ANY COUNCIL MEMBERS NEED TO RECUSE THEMSELVES ON ANY AGENDA ITEMS OR MAKE ANY CHANGES TO THE AGENDA? OKAY. SEEING NONE, THAT BRINGS US FOR A MOTION TO APPROVE THE AGENDA.

THE APPROVAL OF THE AGENDA HAS BEEN MOVED BY COUNCIL MEMBER TYLER OLSON, SECONDED BY COUNCIL MEMBER OVERLAND.

AYE. THOSE OPPOSED SAY NO, AND THAT MOTION CARRIES.

THANK YOU. NOW, TO OUR CONSENT AGENDA.

[CONSENT AGENDA]

THE APPROVAL OF THE CONSENT AGENDA HAS BEEN MOVED BY COUNCIL MEMBER POE, SECONDED BY COUNCIL MEMBER VANORNY.

THANK YOU VERY MUCH, COUNCIL.

WE'LL MOVE ON TO OUR REGULAR AGENDA.

AND THAT TAKES US TO ITEM NUMBER 25, WHICH IS A PRESENTATION AND RESOLUTION AUTHORIZING THE TRANSFER OF PROPERTY TAXES COLLECTED FOR THE CEDAR RAPIDS MEDICAL

[25. Presentation and resolution authorizing the transfer of property taxes collected for the Cedar Rapids Medical Self-Supported Municipal Improvement District for an amount not to exceed $407,293 through fiscal year 2025 (Brian Moudry). CIP/DID #FIN2024-16]

SELF-SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT, THE MED Q SSMID FOR AN AMOUNT NOT TO EXCEED $407,293 THROUGH FISCAL YEAR 2025.

BRIAN MOUDRY IS HERE.

BRIAN, I'LL RECOGNIZE YOU.

THANK YOU. MAYOR. BRIAN MOUDRY FINANCE DEPARTMENT.

THIS IS A RESOLUTION APPROVING THE MEDICAL SSMID PAYMENTS IN FY 25, WHICH INCLUDES THE TRUE UP AMOUNT FOR FY 24, AS WELL AS THE BUDGETED AMOUNTS FOR FY 25. QUICK BACKGROUND.

THIS SSMID WAS ESTABLISHED IN SEPTEMBER OF 2011, AND LEVEES ATTACKS WITHIN ITS BOUNDARIES TO PROVIDE ADDITIONAL SERVICE BEYOND THE STANDARD CITY SERVICES.

PROPERTY TAXES ARE COLLECTED BY THE CITY AND THEN TRANSFERRED TO THE SSMID MONTHLY BASED ON THE PROJECTED BUDGET REVENUE, WITH A RECONCILIATION TO ACTUAL OCCURRING AFTER THE FISCAL YEAR END.

REMAINING FUND BALANCE IS THEN AMENDED INTO THE CURRENT OR THE BUDGET OF THE CURRENT FISCAL YEAR FOR PAYMENT BACK TO THE SSMID.

FUND SUMMARY FOR FY 24.

THE FUND STARTED WITH A BALANCE OF $9,760 WITH THE NET REVENUE OF PROPERTY TAXES BASED ON A LEVY RATE OF $2.75, LESS WHAT WE SENT TO THE SSMID ALREADY.

THE FUND FINISHED WITH A BALANCE OF ONE.

$12,161. THAT'S INCLUDED IN THE FY 25 TRUE UP PAYMENT, WHICH STARTS WITH A WHICH INCLUDES 12,000 OF THE PRIOR YEAR FUND BALANCE, AS WELL AS THE BUDGETED PROPERTY TAXES FOR FY 25.

FINANCE RECOMMENDS APPROVING THE RESOLUTION AUTHORIZING THE TRANSFER OF PROPERTY TAXES COLLECTED ON BEHALF OF THE MEDIACOM SSMID FOR AN AMOUNT NOT TO EXCEED 400, $407,293 IN FISCAL YEAR FY 25.

AND WITH THAT, I'LL TURN IT BACK TO YOU, MAYOR.

ALL RIGHT. THANK YOU SO MUCH, BRIAN.

COUNCIL QUESTIONS? COMMENTS? ALL RIGHT.

SEEING NO FURTHER QUESTIONS, THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY MEYER, SECONDED BY COUNCIL MEMBER SCOTT OLSON.

THANK YOU. ITEM NUMBER 26 IS A PRESENTATION AND RESOLUTION ACCEPTING A PROPOSAL FROM CONLON CONSTRUCTION FOR THE DISPOSITION OF CITY OWNED PROPERTY, GENERALLY LOCATED

[26. Presentation and resolution accepting a proposal from Conlon Construction for the disposition of City-owned property generally located at 1001 2nd Street SE and authorizing negotiation of a Development Agreement (Jeff Wozencraft and Bill Micheel). (Council Priority) CIP/DID #PRD000471-2024]

AT 1001 SECOND STREET SOUTHEAST, AND AUTHORIZING NEGOTIATION OF A DEVELOPMENT AGREEMENT.

JEFF WOLLSTONECRAFT AND BILL MICHAEL ARE HERE TO TALK ABOUT THAT GENTLEMAN.

I'LL RECOGNIZE YOU.

THANK YOU. MAYOR.

AS STATED, THIS IS A RESOLUTION TO AWARD A PROPERTY AT 1001 SECOND STREET SOUTHEAST.

JUST AN AERIAL TO START OFF WITH.

WE HAVE SECOND STREET RUNNING FROM TOP TO BOTTOM IN THE MIDDLE OF THIS IMAGE.

AND THEN THE AREA IN QUESTION ACROSS FROM THE AFRICAN AMERICAN MUSEUM, COMMONLY KNOWN AS LOT 44.

THE SITE CHARACTERISTICS AROUND THREE ACRES IN AREA CURRENTLY USED AS A PARKING LOT.

THE CURRENT ZONING ALLOWS FOR MIXED USE UP TO SIX STORIES, HAS ALL ACCESS TO CITY INFRASTRUCTURE, AND THE PROPERTY WOULD NEED TO MAINTAIN SETBACKS FROM

[00:50:01]

OUR FLOOD CONTROL SYSTEM.

AND IT IS LOCATED WITHIN THE HUNDRED YEAR FLOODPLAIN, SO IT WOULD NEED TO MEET OUR FLOODPLAIN ORDINANCE.

THE CITY HAS RECEIVED ONE PROPOSAL FROM CONLON CONSTRUCTION FOR THE CONSTRUCTION OF 106 136 ROOM HOTEL THAT INCLUDES MEETING AND OUTDOOR SPACES, FITNESS CENTER, AN INDOOR POOL AND BAR.

THEY ARE ALSO CONTEMPLATING PUBLIC PARKING AS A PART OF THEIR CONCEPT, AND IT DOES ALIGN WITH THE NEW BOHEMIA CZECH VILLAGE AREA ACTION PLAN THAT WAS COMPLETED IN 2019 TO INCORPORATE A HOTEL INTO THE STUDY AREA.

SOME RENDERINGS. SO THIS IS FROM SECOND STREET AND 12TH AVENUE LOOKING TOWARDS WHAT WOULD BE THE RIVER RIGHT NOW.

THIS IS THE REAR LOOKING FROM THE RIVER TOWARDS WHERE WE WERE JUST LOOKING.

LOUNGE AREA ASSOCIATED WITH THE HOTEL.

AND I'M GOING TO PASS IT TO OUR DEVELOPMENT SERVICES DIRECTOR, BILL MICHAEL, TO TALK ABOUT SOME OF THE PARKING IMPACTS.

THANKS, JEFF.

THE PROPOSAL DID BRING TO THE SURFACE SOME QUESTIONS AND CONVERSATIONS SURROUNDING PARKING IN THAT AREA.

SO AS WE CONTINUE TO SEE TRENDS TOWARDS MORE DEVELOPMENT IN THIS PARTICULAR AREA OF THE CITY, YOU KNOW, PARKING, OF COURSE, BECOMES SOMETHING THAT IS IMPORTANT TO UNDERSTAND.

WHAT'S THE PLAN MOVING FORWARD SO THAT WE CAN ACCOMMODATE ALL OF THE USES DOWN THERE? AND SO WE TOOK A LOOK AT CURRENT STATE.

YOU KNOW HOW MANY PARKING SPACES ARE IN LOT 44 TODAY AND THEN CREATED WHAT I CALL A SORT OF A VISUAL TIMELINE OF ALL THE PROJECTS THAT ARE IN THAT AREA MOVING THROUGH 2027 ALL THE WAY OUT TO 2031, SO THAT WE UNDERSTAND HOW MANY PUBLIC PARKING SPACES WILL BE AVAILABLE IN THAT AREA.

JUST A FEW QUICK HIGHLIGHTS, AND THEN I'LL GET INTO A LITTLE BIT MORE DETAIL THROUGHOUT CONSTRUCTION OF THE FLOOD CONTROL SYSTEM, THE EIGHTH AVENUE BRIDGE, THE HOTEL PROJECT, AND SOME OF THESE DO OVERLAP.

AT A MINIMUM, THERE WILL BE 145 SPACES AVAILABLE IN LOT 44, AND THAT THAT LOW POINT IS PROJECTED TO BE IN 2027.

AND THAT DOES NOT INCLUDE ON STREET PARKING ON SECOND STREET OR THE ADDITIONAL LOTS THAT I'LL SHOW YOU HERE IN A MINUTE.

AND THEN AFTER 20, 31 AFTER ALL THOSE PROJECTS ARE COMPLETE, WE'RE ESTIMATED TO HAVE ABOUT 477 SPACES AVAILABLE IN LOT 44 OR SO.

DELTA THERE OF 78 PARKING SPACES.

SO THIS IS WHAT WE HAVE TODAY.

AND I'M GOING TO MOVE THROUGH THIS RELATIVELY QUICKLY.

AS I MENTIONED 555 SPACES IN LOT 44, NOT INCLUDING ON STREET PARKING.

THIS IS DEPICTING THE PROJECTS THAT ARE GOING TO OCCUR.

THE HOTEL IN THE RED AREA THERE.

THE TEAL HASHED REPRESENTS SOME STORAGE OF CONSTRUCTION MATERIALS BEING USED FOR FLOOD CONTROL.

CONSTRUCTION. AND THAT'S GOING TO BE MOVED BY NOVEMBER OF 2025 AND POTENTIALLY EARLIER.

THE AREA IN YELLOW WAS ORIGINALLY PART OF THE PROPERTY DISPOSITION, AND AFTER SOME OF THESE CONCERNS SURFACED, WE DECIDED TO RETAIN OWNERSHIP OF THAT AREA AS PUBLIC PARKING AND WORKED WITH THE WITH CONLON, WHO MADE THE PROPOSAL TO MAKE THAT HAPPEN. AND ALSO, AS JEFF MENTIONED, THE POTENTIAL IS THERE FOR A SHARED PARKING AGREEMENT ON THE HOTEL PROPERTY.

AND THAT AREA IN YELLOW AMOUNTS TO 68 SPACES.

AND THEN TO THE NORTH ALONG EIGHTH AVENUE SOUTHWEST, YOU'VE GOT FLOODWALL CONSTRUCTION HAPPENING BETWEEN JUNE 2025 AND APRIL 27TH, AND THEN EIGHTH AVENUE BRIDGE CONSTRUCTION.

IF YOU RECALL, WE RECEIVED A LARGE FEDERAL GRANT THROUGH THE PROTECT PROGRAM FOR THAT PROJECT, THE ARC OF JUSTICE BRIDGE STARTING CONSTRUCTION 27 THROUGH 2030.

SO AGAIN, I'LL MOVE THROUGH THESE RELATIVELY QUICKLY, BUT I SIMPLY WANT TO DEMONSTRATE THAT THERE HAS BEEN THOUGHT PUT INTO ENSURING THAT PUBLIC PARKING IS AVAILABLE IN LOT 44 AS WE MOVE THROUGH THESE CONSTRUCTION PHASES.

SO 2025, YOU CAN SEE WE LOSE SOME OF THAT AREA THERE WHERE THE FLOOD CONTROL SYSTEM CONSTRUCTION, STORAGE IS HAPPENING AS WELL AS THE HOTEL.

AND THEN WE GAIN 46 SPACES BACK THERE IN 26.

AND AS I MENTIONED IN 27, THIS IS THE POINT AT WHICH THERE'S 145 SPACES AVAILABLE 123 SPACES ALONG THE NORTH.

[00:55:04]

THERE ARE CURRENTLY UNDER LEASE WITH THE FEDERAL COURTHOUSE.

THOSE EMPLOYEES, THEY'RE GOING TO BE MOVED UP TO THE RAMP ON SECOND STREET.

AND OF COURSE, THERE'S PARKING AVAILABLE THERE AS WELL.

AND THEN JUST MOVING THROUGH TO 2031, YOU CAN SEE WE GET A SIGNIFICANT NUMBER OF THOSE SPACES BACK.

AND SO ALSO POINT OUT ON THE SOUTH SIDE THERE ADJACENT TO THE AFRICAN AMERICAN MUSEUM, THERE ARE 39 SPACES.

THAT PARKING LOT IS OPEN TODAY, AS WELL AS THE 52 SPACES ADJACENT AND BEHIND TORNADOES.

THAT'S CURRENTLY IN A TEMPORARY STATE.

AND THEN IN THE NEXT FEW YEARS HERE, THAT WILL BE YOU KNOW, HARDTOP WILL BE PUT ON THAT.

SO I'LL PASS IT BACK TO JEFF.

AND SO JUST A REVIEW OF THE TIMELINE THE PUBLIC HEARING TO INITIATE THE RFP WAS HELD BACK IN JUNE.

PROPOSALS WERE DUE IN LATE JULY.

TODAY WE HAVE CITY COUNCIL CONSIDERATION FOR THE AWARD AND THEN THE AUTHORIZATION TO NEGOTIATE A DEVELOPMENT AGREEMENT.

AND THEN WE ANTICIPATE THE NEGOTIATION.

NEGOTIATION OF THE DEVELOPMENT AGREEMENT TO OCCUR IN THE FALL WINTER OF THIS YEAR.

WITH THAT, STAFF WOULD RECOMMEND ACCEPTING THE PROPOSAL FROM CONLON CONSTRUCTION AND AUTHORIZING STAFF TO NEGOTIATE A DEVELOPMENT AGREEMENT.

I'LL PASS IT BACK TO THE MAYOR.

OKAY. THANK YOU BOTH.

COUNCIL. COUNCIL MEMBER POE.

THANK YOU. I'VE CHATTED WITH THE FOLKS, THE DEVELOPERS FROM CONLIN, AND THEY ARE VERY SENSITIVE TO THE FACT THAT WE DON'T WANT TO LOSE, YOU KNOW, THE DISTRICT, CZECH VILLAGE, NEW BOHEMIA DOESN'T WANT TO LOSE A LOT OF PARKING IN THAT AREA.

AND THEY WERE LOOKING PRETTY HEAVILY AT NOT LOSING LOT 44.

BUT THERE WERE A LOT OF REASSURANCES THAT THAT THEY'RE GOING TO WORK WITH US AND THERE'S GOING TO BE PARKING AVAILABLE.

AND THE, THE HOTEL ITSELF THEY INDICATED THAT IT'S MORE OF A STYLE OF A BOUTIQUE HOTEL AND THAT THEIR GOAL IS REALLY TO BRING VISITORS FOR AN OVERNIGHT STAY INTO NEW BOHEMIA AND CZECH VILLAGE, BUT THEY REALLY WANT THEM TO GET OUT INTO THE DISTRICT AND ENJOY THE SHOPS AND ENJOY THE RESTAURANTS AND THE BARS IN THE AREA, AND THAT THAT'S NOT THEIR THING, THAT THEIR THING IS REALLY MORE ABOUT THE OVERNIGHT STAY.

AND SO I REALLY APPRECIATED THEM WORKING WITH THE CITY TEAM AND REALLY BEING SENSITIVE TO THE PARKING ISSUES.

AND I REALLY LIKE THE IDEA OF THAT TEMPORARY LOT TURNING INTO A HARD SURFACE.

I THINK WE'RE GOING TO NEED IT ONCE THE LIGHT LINE BRIDGE IS FULLY FUNCTIONAL, WHICH IS WE'RE ON THE WAY.

SO I'M I'M REALLY EXCITED ABOUT THIS PROJECT.

I THINK IT HOLDS DOWN THAT CORNER AT SECOND AND 12TH AVENUE, AND IT REALLY IS A NICE GATEWAY ONTO 12TH.

AND IT'S VERY WELCOMING AND IT'S OPEN.

AND I THINK IT'S REALLY GOING TO BE A WONDERFUL ADDITION TO THE DISTRICT.

THANK YOU. COUNCIL MEMBER VANORNY YEAH.

REMIND ME AGAIN WHAT THE NET GAIN IS IN PARKING SPACES.

DID YOU SAY IT WAS 70 SOMETHING.

THE THERE'S A NET DECREASE AFTER 2031 OF 78.

AND I'LL VERY QUICKLY ADD THAT, YOU KNOW, AS WE LOOK TO THE FUTURE, THERE MAY BE MORE DEVELOPMENT IN LOT 44.

WE MAY NEED TO HAVE A CONVERSATION ABOUT SOME SORT OF MORE PERMANENT STRUCTURED PARKING FACILITY THERE, IF YOU KNOW.

BUT AGAIN, THAT'S YEARS OUT, BUT IT'S SOMETHING WE'RE AT LEAST CONSIDERING.

YEAH. I MEAN, WE WERE I WAS TALKING BEFORE ABOUT THE MOMENTUM IN THIS AREA IN PARTICULAR HAS AN INCREDIBLE AMOUNT OF MOMENTUM HAPPENING TOO.

SO NOT ONLY THE HALLWAY THAT WE'RE GOING TO BE, YOU KNOW, OPENING THIS FRIDAY, BUT YOU ALSO HAVE THE PROMENADE THAT'S COMING IN.

SO THE DEVELOPMENTS IN THE CZECH VILLAGE AREA, YOU HAVE THE MARKETPLACE THAT'S EXPANDING.

YOU HAVE ALL THE DIFFERENT HOUSING THAT'S GOING IN THERE, APARTMENT COMPLEXES.

SO YOU CAN ALREADY SEE THAT THE CAPACITY FOR THE NEWBO, OAK HILL, JACKSON, CZECH VILLAGE AREAS IS ALREADY GOING TO BE FULL QUICKLY.

SO YOU'RE TALKING LIKE THE NEXT FIVE YEARS.

YOU HAVE AN EVENT THERE.

THIS HOTEL COULD EASILY BE FULL, YOU KNOW, AS THERE'S SOMETHING THAT'S HAPPENING IN THE NEWBO CITY MARKET.

AND SO WE'RE GOING TO NEED TO DO THAT.

WE SHOULD PROBABLY START PLANNING THAT CONCURRENTLY WITH THIS.

BUT I THINK, YOU KNOW, TO COUNCIL MEMBER POE'S POINT, I THINK EVERYTHING WE TALK ABOUT STYLE AND JUST FUNCTIONALITY AS WELL, I THINK THEY REALLY NAILED THE STYLE ON THAT.

I LIKE THE FACT THAT THEY HAVE THAT OUTDOOR SPACE AS WELL, BUT THAT IT REALLY IS SOMETHING THAT WILL HELP ADD TO SOME OF THE CHARACTER AND ISN'T JUST A HAS A NICE FACADE TO IT, I SHOULD SAY.

SO REALLY APPRECIATE THIS PROJECT AND LOOK FORWARD TO WELCOMING IT.

THANKS. COUNCILMEMBER HAGER, CAN YOU GO BACK TO THE AERIAL THAT HAS SHOWS THE, THERE IT IS.

SO ALL THE SPACES YOU'RE TALKING ABOUT, WE'RE LOSING ABOUT, WOULD YOU SAY 44 OR 74 SPACES, BUT THAT DOESN'T INCLUDE THE PARKING THAT THE HOTEL IS PUTTING IN, RIGHT?

[01:00:09]

THAT'S CORRECT.

SO THEY'RE GOING TO PARK THEMSELVES.

SO WE'RE GOING TO HAVE THEY'RE GOING TO TAKE CARE OF THEMSELVES.

SO IT'S REALLY KIND OF WE'RE NOT LOSING A TON OF PARKING, BUT WE'RE ADDING I DON'T KNOW HOW MANY SPACES THEY HAVE THERE, BUT I MEAN, THEY'RE GOING TO HAVE THEMSELVES IN, AND REALITY IS THERE'S PROBABLY I DON'T KNOW IF THEY'RE GOING TO DO GATES OR NOT, BUT THERE'S GOING TO BE ADDED PARKING FOR THE PUBLIC PROBABLY AS WELL.

YEAH. AGAIN, THEY ARE OPEN TO THE IDEA OF A SHARED PARKING AGREEMENT IN THERE.

AND THEY WERE VERY ACCOMMODATING IN GETTING THEIR PARKING RATIO OF PARKING SPACES TO ROOMS DOWN TO A 1 TO 1 RATIO.

THE NATIONAL AVERAGE IS CLOSER TO 1.7 PARKING SPACES PER ROOM.

SO IT'S A GAIN FOR THE CITY? YEAH. COUNCIL MEMBER MEYER.

THANK YOU, MAYOR. JUST ONE COMMENT AND TWO QUESTIONS.

SO THE COMMENT IS REGARDING LOT 44, I SPENT A LOT OF TIME IN THAT NEIGHBORHOOD, ESPECIALLY WHEN THERE'S EVENTS.

IT'S HARDLY EVER NEAR CAPACITY.

RIGHT. I THINK THERE'S A NUMBER OF REASONS FOR THAT.

SO I THINK THAT YOU KNOW, HAVING KEEPING THIS AROUND THE SAME NUMBER OF SPACES, MAYBE LOSING A HANDFUL OR SO.

IT SHOULDN'T BE A CHALLENGE.

THE TWO QUESTIONS.

THE FIRST ONE IS WITH THE DEVELOPMENT AGREEMENT GOING FORWARD, WHAT COORDINATION OF ANY DOES THE OAK HILL JACKSON NEIGHBORHOOD ASSOCIATION HAVE WITH CONLIN ON THE DEVELOPMENT OR ANY TYPE OF COMMUNICATION GOING FORWARD? YOU KNOW, I THINK IF THERE'S A DESIRE AND I DON'T WANT TO SPEAK FOR CONLIN, BUT YOU KNOW, WE CERTAINLY COULD ASK THEM TO ATTEND A NEIGHBORHOOD ASSOCIATION MEETING AND MAKE A PRESENTATION.

IF THERE'S A DESIRE, YOU KNOW, FROM THAT ORGANIZATION FOR THAT.

AND, YOU KNOW, I CERTAINLY CAN KEEP THEM UP TO DATE ON, YOU KNOW, CONSTRUCTION SCHEDULE AND THAT SORT OF THING WHEN WE WHEN WE HAVE MORE INFORMATION ABOUT THAT.

OKAY. THANKS. AND THE SECOND ONE IS WHEN DO YOU THINK YOU WOULD KNOW HOW SECOND STREET WOULD BE IMPACTED FROM ROAD CLOSURES, IF AT ALL, DURING THE CONSTRUCTION.

YEAH. WE TALKED A LITTLE BIT ABOUT CONSTRUCTION STAGING FOR ALL FOUR OF OR THREE OF THE PROJECTS THAT I MENTIONED.

AND I DON'T BELIEVE THAT WE'RE GOING TO HAVE ANY ROAD CLOSURES THERE.

IF ANYTHING, THERE COULD BE A SHORT PERIOD OF TIME IN WHICH IT'S, YOU KNOW, A ONE LANE OR SOMETHING LIKE THAT.

BUT I DON'T BELIEVE THERE'S GOING TO BE A ROAD CLOSURE DURING ANY OF THOSE CONSTRUCTION ACTIVITIES.

GREAT. THANK YOU. GO AHEAD.

WHENEVER YOU'RE. OH. GO AHEAD.

COUNCIL MEMBER. OLSON. THANK YOU.

MAYOR. TWO OTHER THINGS THERE THAT I THINK YOU JUST NEED TO INCORPORATE.

WE KNOW WE HAVE THE DARYL HIGH PROJECT THERE, AND YOU'RE NOT SHOWING WHERE THEIR PARKING AS WELL AS.

I THINK THERE'S A DISCUSSION WITH CHAD PELLEY RELATING TO AN AREA BEHIND KICKSTAND.

HAVE WE LOOKED AT THEY'RE GOING TO GENERATE ADDITIONAL NEEDS.

I JUST THINK WE NEED TO MAKE SURE WE HAVE THAT CONVERSATION.

YEAH. THANK YOU.

CERTAINLY HAVE HAD CONVERSATIONS WITH WITH DARYL.

HI. AND YOU KNOW, HE AND I HAVE BEEN TALKING ABOUT HIS DEVELOPMENT AND, AND SOME OF THOSE YOU KNOW, FOLKS MAY END UP PARKING HERE.

WE'VE ACCOUNTED FOR THAT AS A PART OF THIS.

AND CERTAINLY WE'LL FOLLOW UP WITH.

YEAH. AND I WOULD ADD TO THAT, THAT ALSO IN THE AREA AROUND SINCLAIR, WE ARE CONTEMPLATING A STREET NETWORK IN THAT AREA AROUND THE BASIN THAT WOULD ADD TO STREET PARKING AS WELL. YEAH.

COUNCILMEMBER TODD.

THANK YOU. MAYOR.

THIS IS A REALLY GOOD EXAMPLE FROM AN URBAN PLANNING PERSPECTIVE IN TERMS OF WHY CITY'S LAND BANK LAND, WHY YOU DON'T DEVELOP IT RIGHT AWAY, WHY YOU HOLD ON TO IT FOR AN APPROPRIATE USE.

AND I THINK IN THIS CASE FROM THE DAYS OF WHEN WE, WE DEVELOPED IT AS A PARKING LOT FROM A CLOUD TO TODAY, WHERE WE'RE DEVELOPING IT FOR PEOPLE TO COME TO THE DISTRICT.

I THINK IT'S AN APPROPRIATE USE.

I DON'T NECESSARILY HAVE AN ISSUE WITH THE CONSTRUCTION, THE DESIGN, BUT I DO HAVE AN ISSUE IN TERMS OF THE PARKING.

ONE DAY PRESTON DANIELS, WHO WAS THE MAYOR OF DES MOINES, WE WERE OUT DRIVING AROUND AND HE SHOWED ME DOWNTOWN DES MOINES.

AND IT WAS ALL THIS WAS AFTER 5:00 AT NIGHT, AND YOU COULD JUST SEE PARKING LOT AFTER PARKING LOT AFTER PARKING LOT.

AND IN THIS CASE, I DON'T KNOW WHY WE I AND I'LL ANSWER MY QUESTION.

IT'S PROBABLY MONEY, BUT WHY AREN'T WE AREN'T LOOKING AT A SHARED STRUCTURE STRUCTURED PARKING LOT THAT WOULD ELIMINATE THE

[01:05:02]

CONCRETE DESERT THAT'S THERE, BUT THEN ALSO PROVIDE PARKING FOR YOU LEFT OUT THE LOFTUS SITE SCOTT. COUNCIL MEMBER VANORNY MENTIONED THE PARKING ISSUE.

AND THEN FROM A GLOBAL PERSPECTIVE, YOU KNOW, UP AT GEOMETRICS AND WHEN THERE ARE EVENTS, YOU KNOW, THE DISTRICT IS SATURATED.

AND SO I THINK WHILE I MEAN, I APPRECIATE THIS DIAGRAM, BUT WHY WE AREN'T YOU KNOW, WE'RE DOING THAT HERE AT KINGSTON AT FIRST AND FIRST WITH A SHARED STRUCTURE.

I DON'T KNOW WHY WE WOULDN'T BE DOING THAT ON THIS SITE.

AND EITHER, YOU KNOW, WHETHER IT'S WHETHER WE LAND BANK THE REST OF IT OR WHETHER IT'S GREEN SPACE, OPEN SPACE WE ARE PUTTING A LOT OF PEOPLE NOW.

WE'RE CREATING MASS IN A DISTRICT THAT'S PRETTY, YOU KNOW, IT'S PRETTY TIGHT AS IS.

AND SO JUST MY $0.02.

BY NO MEANS DO I WANT TO SLOW DOWN THE DEVELOPMENT AGREEMENT, BUT I WANT YOU TO AT LEAST THINK ABOUT THAT.

OTHERWISE ANOTHER COUNCIL WILL BE DEALING WITH WHY DIDN'T WE PUT A STRUCTURED LOT ON THAT SITE? UNDERSTOOD. AND I JUST WANT TO ADD TO THAT.

DOES ANYONE ELSE HAVE ANY COMMENTS.

BECAUSE WE'LL WRAP IT UP HERE.

WE ARE NOT ADDING ANY MORE CONCRETE.

CORRECT. THAT'S CORRECT.

YEAH. SO THESE ALL THESE THIS PLACE, THESE PLACES EXIST TODAY.

OKAY. SO I GUESS MY NEXT QUESTION IS, YOU KNOW, SHY OF A PARKING STRUCTURE WHICH TALK ABOUT, YOU KNOW, HERE FOREVER.

WE GET THOSE.

I JUST DON'T LIKE THEM.

BUT ANYWAY HOW CAN WE ENSURE THAT? IS THERE A WAY IN THE DEVELOPMENT AGREEMENT TO ENCOURAGE.

WE KNOW THERE'S A MINIMAL TREE OF TREE PLANTINGS.

CAN WE JUST ENCOURAGE ABOVE AND BEYOND WHATEVER OUR MINIMUMS ARE THERE FOR LANDSCAPING FOR, YOU KNOW, GREENING UP OF THESE SPACES. IF WE'RE GOING TO HAVE THESE, YOU KNOW, CONCRETE, LARGE CONCRETE SPACES, CAN WE INCENTIVIZE IN SOME WAY BEAUTY? WELL, YEAH.

AND I WILL ADD THAT OUR ADOPTION OF THE RELIEF ORDINANCE RECENTLY INCREASED OUR LANDSCAPING REQUIREMENTS FOR PARKING LOTS GREATLY.

SO THERE'S THAT ADDED BENEFIT THERE FROM THAT ORDINANCE.

AND ALSO UNDERSTOOD.

YES. WE CAN WORK WITH CONLON.

OKAY. EXCELLENT.

OKAY. THANK YOU SO MUCH.

OKAY. IF THERE AREN'T ANY OTHER QUESTIONS OR COMMENTS FROM COUNCIL? THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY POE, SECONDED BY VANORNY.

ALL THOSE IN FAVOR SAY I.

I. AND THOSE OPPOSED SAY NO.

SO THIS MOTION CARRIES.

THANK YOU. MOVING ON TO ITEM NUMBER 27 IS A PRESENTATION AND RESOLUTION APPROVING A TERM SHEET WITH SNA, LLC FOR A DATA

[27. Presentation and resolution approving a term sheet with SNA, LLC for a data center campus along 76th Avenue SW under the Above Standard Economic Development Program (Scott Mather and Bill Micheel). (Council Priority) CIP/DID #TIF-0003-2024]

CENTER CAMPUS ALONG 76TH AVENUE SOUTHWEST.

UNDER THE ABOVE STANDARD ECONOMIC DEVELOPMENT PROGRAM, SCOTT MATHER JOINS BILL MICHAEL.

GENTLEMEN, I RECOGNIZE YOU.

THANK YOU MAYOR.

REQUEST FROM SNA, LLC FOR CITY FINANCIAL INCENTIVES FOR A DATA CENTER PROJECT ALONG 76TH AVENUE SOUTHWEST.

THIS IS WEST OF THE GOOGLE PROJECT AND THE BIG CEDAR INDUSTRIAL COMPLEX.

THE PROJECT DOES QUALIFY UNDER OUR ABOVE STANDARD ECONOMIC DEVELOPMENT PROGRAM, AND THE PROJECT WILL OCCUR ON 560 ACRES, AS I MENTIONED, OF THE BIG CEDAR INDUSTRIAL PARK.

MINIMUM INVESTMENT.

SO AGAIN, JUST HIGHLIGHTING SOME OF THE ITEMS IN THE TERM SHEET.

MINIMUM INVESTMENT $750 MILLION.

MINIMUM IMPROVEMENTS INCLUDE CONSTRUCTION OF A DATA CENTER CAMPUS WITH A MINIMUM OF TWO PHASES, POSSIBLY THREE.

THE INITIAL CONSTRUCTION PHASE TO COMMENCE WITHIN THREE YEARS OF THE EFFECTIVE DATE OF THE DEVELOPMENT AGREEMENT.

WE ANTICIPATE IT WILL BE SIGNIFICANTLY FASTER THAN THAT.

HOWEVER YOU KNOW, JUST BUILDING IN FOR CONTINGENCY.

THEN THE SECOND PHASE TO COMMENCE WITHIN THREE YEARS OF COMPLETION OF PHASE ONE, AGAIN, SOME CONTINGENCY TIME IN THERE AND THEN ANY ADDITIONAL PHASES COMPLETE WITHIN 25 YEARS.

AND I REALIZE THAT THAT FEELS LIKE A LONG TIME.

HOWEVER REALLY AGAIN, BUILDING IN CONTINGENCY FOR CHANGES IN TECHNOLOGY AS THIS TECHNOLOGY IS GOING TO CHANGE QUICKLY.

YOU KNOW, THEY WANTED TO ADD IN A BIT OF ROOM TO GIVE THEMSELVES TIME TO DESIGN AND CATCH UP IF NECESSARY.

EMPLOYMENT MINIMUM 15 JOBS PER PHASE, WITH A TOTAL OF 30 JOBS FOR THE FIRST TWO PHASES AND AN ADDITIONAL 15 IF THAT THIRD PHASE MOVES FORWARD, ALL MEETING THE HIGH QUALITY JOBS THRESHOLD.

[01:10:02]

I'LL ALSO MENTION, SIMILAR TO THE PREVIOUS PROJECT THAT WAS BEFORE COUNCIL A NUMBER OF MONTHS AGO.

THIS WILL CREATE A SIGNIFICANT NUMBER OF JOBS IN TRADES AND CONSTRUCTION.

SO IN TERMS OF FINANCIAL INCENTIVES, WE'RE LOOKING AT A 20 YEAR 70% REBATE PER PROJECT PHASE.

SO AN ESTIMATED 1 BILLION IN TOTAL PROPERTY TAXES WOULD BE GENERATED OVER THOSE APPLICABLE REBATE PERIODS, WITH A ROUGHLY 529 MILLION BEING REBATED BACK TO THE COMPANY, INCLUDING A 20 YEAR OR 75% ECONOMIC DEVELOPMENT REBATE OF FRANCHISE FEES, ALSO PER DATA CENTER.

AND THEN LASTLY, THE COMMUNITY BETTERMENT FUND, WHERE THE COMPANY WOULD PROVIDE ANNUAL COMMUNITY BETTERMENT PAYMENTS TO THE CITY.

YOU KNOW, FOR PURPOSES OF INCREASING ECONOMIC DEVELOPMENT ACTIVITIES TO INCLUDE TO INCLUDE GROWTH OF AMENITIES AND INFRASTRUCTURE.

THESE PAYMENTS WOULD BE IN THE AMOUNT OF 300,000 PER PROJECT PHASE FOR 20 YEARS EACH FOR A MAXIMUM OF 6 MILLION PER PHASE AND 18 MILLION IN TOTAL.

AND HERE IS AN AERIAL SHOWING WHERE THE PROJECT LOCATION IS HERE ALONG 76TH AVENUE AND WEST OF EDGEWOOD ROAD.

AND THEN OUR SITE PLAN HERE, WHICH AGAIN I WILL SAY, YOU KNOW, THAT'S WHAT IT IS TODAY.

IT HAS BEEN MODIFIED A FEW TIMES OVER THE LAST SEVERAL MONTHS, AND I EXPECT THAT IT WILL BE PROBABLY MODIFIED AGAIN.

AND HERE IS A RENDERING OF ONE OF THE ONE OF THE BUILDINGS WOULD LOOK LIKE.

SO TODAY WE'RE HERE TO CONSIDER THE TERM SHEET.

IF APPROVED THEN WE WOULD WORK TO CREATE AN URBAN RENEWAL AREA FOR THAT AREA AND ALSO NEGOTIATE A DEVELOPMENT AGREEMENT AND BRING THAT BACK TO.

COUNCIL FOR APPROVAL AND CONSIDERATION.

WITH THAT, I'LL RETURN IT BACK TO YOU MAYOR.

THANK YOU. THANK YOU.

COUNCIL. ANY QUESTIONS? COUNCIL MEMBER VANORNY.

YEAH. AGAIN, JUST FURTHER CONTINUING THAT MOMENTUM.

WE KNEW THAT WITH GOOGLE COMING THAT THERE WOULD BE OTHER DATA CENTERS AND I SUSPECT THAT THERE WILL BE EVEN MORE AFTER THIS.

BUT THE COMMUNITY BETTERMENT IS VERY EXCITING.

YOU KNOW, AGAIN, WE'VE GOT HOUSING THAT'S GOING INTO THIS AREA AS WELL.

IT'S NOT JUST THAT THIS WILL ALSO BRING YOU KNOW, HIGH QUALITY JOBS.

THAT THRESHOLD IS LOWER THAN THE MEDIAN INCOME IN CEDAR RAPIDS.

THIS IS ACTUALLY ABOVE THE MEDIAN INCOME.

MOST OF THESE JOBS ARE. I THINK YOU SAID THEY'RE STARTING ABOUT 80,000, WHICH IS REALLY GREAT.

SO THESE ARE GOOD JOBS FOR PEOPLE.

AND JUST I KNOW THAT WE'VE WON SOME AWARDS PREVIOUSLY AS FAR AS, LIKE HAVING AN UP AND COMING TECH CENTER.

BUT I THINK THAT THIS JUST FURTHER PROVES THAT THAT WE HAVE THAT GOING FOR US.

THE ONLY THING THAT I WOULD SAY IS JUST THE MORE THAT WE CUT INTO SOME OF THE PREVIOUSLY AGRICULTURAL AREA, JUST TO BE REALLY SENSITIVE OF WHERE THE LIGHTS ARE POINTED, THERE IS STILL QUITE A BIT OF AGRICULTURAL AREA AROUND THERE SO THAT WE'RE NOT WE'RE REDUCING AS MUCH OF THE LIGHT POLLUTION AS POSSIBLE.

SO ANYTHING THAT WE CAN DO JUST TO HAVE THOSE LIGHTS GO INWARD AND REDUCE THAT FOR THE REST OF THE NEIGHBORHOODS THAT ARE OUT THERE WOULD BE GREAT.

THANKS, COUNCIL MEMBER HOEGER.

I THINK ONE THING THAT WE KIND OF PASS OVER IS THAT WE SAY THERE'S GOING TO BE 15 TO 30 JOBS CREATED, BUT 3 TO 6 YEARS FOR THESE PHASES TO BE BUILT OUT, THE AMOUNT OF TRADES THAT ARE GOING TO BE WORKING OUT THERE FOR THE NEXT 3 TO 6 YEARS IS NOT SOMETHING THE PASS OVER LIGHTLY.

AND ONCE IT'S OPEN, THESE COMPANIES, THEY'RE GOING TO HIRE SUBCONTRACTORS TO DO MAINTENANCE AND LAWN CARE AND SNOW REMOVAL AND ALL THOSE WORKFORCE JOBS THAT WE NEED IN OUR COMMUNITY. SO IT'S REALLY A LOT MORE THAN THE 15 TO 30.

AND I THINK WE REALLY NEED TO TALK ABOUT THAT MORE WHEN WE DO THESE PRESENTATIONS, BECAUSE THOSE ARE THE PEOPLE THAT LIVE IN OUR COMMUNITY AND WILL BE HERE FOR A LONG TIME AND HAVE BEEN HERE FOR A LONG TIME.

SO THANK YOU. AND IT'S A GREAT PROJECT FOR OUR COMMUNITY.

I APPRECIATE THAT. I THINK IT'S ALSO WHEN YOU MAY SEE SOME OF THESE INCENTIVES AND FRANCHISE FEES AND THE REBATES THAT THE CITY IS GIVING.

AGAIN, IT'S OUR JOB TO NOT THINK ABOUT A TO B, IT'S OUR JOB TO THINK ABOUT A TO Z HERE.

AND A HALF BILLION DOLLARS IS STILL A HALF BILLION DOLLARS OUT OF A BILLION.

SO IN TERMS OF WHAT IT DOES FOR US FROM A PROPERTY TAX STANDPOINT, FROM A LABOR STANDPOINT, FROM A COMMUNITY BETTERMENT.

AND I IF I READ THIS CORRECTLY, IT'S THREE PHASES AS OPPOSED TO OUR OTHER DATA CENTER PROJECT.

IT'S PER BUILDING.

BUT THIS IS THREE PHASES.

CORRECT. SO WILL WE WILL WE SEE THOSE COMMUNITY BETTERMENT DOLLARS, MAYBE IN A LARGER LUMP SUM SOONER.

CAN I PRESUME THAT IT ALL? IT ALL DEPENDS ON HOW QUICKLY THESE THINGS, THESE THINGS MOVE, YOU KNOW, IN COMPARISON TO ONE ANOTHER.

[01:15:01]

BUT, YOU KNOW, CERTAINLY WE'RE VERY HAPPY THAT S AND A WAS, WAS WILLING TO INCLUDE THE COMMUNITY BETTERMENT AS WELL.

AND ONE OTHER THING I MIGHT ADD THAT I FOUND INTERESTING ABOUT THIS PARTICULAR PROJECT THAT DIFFERS FROM THE THE OTHER DATA CENTER PROJECT IS THE WATER USE.

ARE YOU ABLE TO SORT OF GIVE US JUST SORT OF A HIGH LEVEL VIEW OF HOW THAT WILL WORK? YEAH. AT A VERY HIGH LEVEL.

YOU KNOW, THEY HAVE DIFFERENT TECHNOLOGY S AND ALC HAS DIFFERENT TECHNOLOGY THAN, YOU KNOW, SOME, SOME OTHERS AND MAYBE OTHERS HAVE THIS AS WELL. BUT YOU KNOW, A THE COOLING SYSTEM IN PARTICULAR MY UNDERSTANDING IS THERE IS A CLOSED LOOP SYSTEM.

YOU CHARGE IT ONCE AND THEN IT RECIRCULATES.

AND OF COURSE YOU HAVE TO RECHARGE IT OCCASIONALLY.

BUT YOU KNOW, IMPACT IN TERMS OF WATER DEMAND IS, YOU KNOW, NOT SIGNIFICANT.

OKAY. I THINK THAT'S AN IMPORTANT DISTINCTION.

OKAY. COUNCIL MEMBER.

OLSON. YEAH.

THANKS, MAYOR. I THINK WE'RE GETTING KIND OF SPOILED.

WE JUST TALKED ABOUT $1 BILLION INVESTMENT, AND YOU GUYS DIDN'T EVEN CRACK A SMILE DURING YOUR PRESENTATION.

OR AT LEAST NOT MUCH OF ONE.

I WOULD HAVE HAD THIS HUGE GRIN ON MY FACE.

I DO RIGHT NOW.

YOU CAN'T REALLY SEE IT, BUT I DO.

YOU CAN SEE IT IN MY EYES MAYBE.

I MEAN, IT JUST I THINK IT REALLY JUST SHOWS THE SUCCESS, YOU KNOW, THAT WE'VE HAD.

AND AGAIN, TO KIND OF TIE THIS TO WELL, IT DOESN'T USE AS MUCH WATER AS SOME OF THE OTHER ONES.

OUR SUCCESS AT ATTRACTING LARGE COMPANIES, WHETHER IT'S MANUFACTURING, INDUSTRIAL TECHNOLOGY, DATA CENTER IS BECAUSE OF OUR INFRASTRUCTURE.

SO WE MAKE AN INVESTMENT LIKE A $350 MILLION INVESTMENT IN OUR WASTEWATER TREATMENT INFRASTRUCTURE.

THESE ARE THE KINDS OF THINGS THAT COME FROM THAT COME FROM THOSE INVESTMENTS.

AND SO THOSE KINDS OF THINGS AREN'T, AREN'T GLAMOROUS.

BUT I THINK IT'S IMPORTANT THAT WE DRAW THOSE, YOU KNOW, BRIGHT LINES BETWEEN MONEY SPENT HERE AND THE PAYOFF HERE, WHICH IS, YOU KNOW, I THINK IT'S, YOU KNOW, $400 MILLION OVER 20 YEARS OF, OF TAXES COLLECTED, EVEN WITH THE ABATEMENT THAT THAT'S PROPOSED HERE.

AND COUNCIL MEMBER HAGER IS EXACTLY RIGHT.

I THINK WE DO NEED TO TALK ABOUT THE TRADES MORE.

THOSE CONSTRUCTION JOBS BETWEEN THE TWO DATA CENTER PROJECTS ALONE, LET ALONE ALL THE OTHER PROJECTS THAT YOU ALL, YOU KNOW, BRING TO US ON A ON A MEETING-BY-MEETING BASIS, I WOULD GUESS THAT THERE ARE GOING TO BE SOME FOLKS THAT START AS AN APPRENTICE ON THESE JOB SITES AND MAYBE RETIRE, HAVING WORKED THEIR WHOLE CAREER ON THOSE JOB SITES.

AND, YOU KNOW, I DON'T KNOW THE TECHNICAL TERM OF PERMANENT, BUT I THINK THAT'S A PRETTY GOOD ONE.

AND SO IT'S IMPORTANT TO, YOU KNOW, TO, TO INCLUDE THOSE.

I THINK THAT'S A GREAT POINT THAT YOU MADE COUNCIL MEMBER HOEGER.

SO REALLY EXCITING PROJECT.

AND I DON'T KNOW.

I MEAN, I DON'T KNOW HOW, YOU KNOW, WE LAUNCH CONFETTI OR WHAT, BUT $1 BILLION PROJECT IS, IS PRETTY IMPORTANT.

YOU KNOW, IT JUST I DON'T KNOW, MAYBE WE'RE JUST GETTING USED TO THEM.

SO THANK YOU VERY MUCH.

AND MAYOR. YES, COUNCIL MEMBER JUST GOING TO SAY, YOU KNOW, WE RECEIVED A LITTLE BIT OF CRITICISM FOR, FOR THE INITIAL PROJECT. BUT, YOU KNOW, I THINK THE PUBLIC AND NEEDS TO SORT OF REIMAGINE THESE DATA CENTERS IS HISTORICALLY YOU KNOW, CITIES PROVIDED WATER, SEWER, GAS, ELECTRIC.

PROVIDING THE DATA STORAGE ELEMENT IS NOW JUST AS MUCH A PART OF CITY INFRASTRUCTURE IS AS ANYTHING ELSE. AND I YOU KNOW, I'VE GOT TWO PHONES AND MY LAPTOP.

YOU KNOW, THAT'S WHY EVERYBODY, YOU KNOW, THESE BUSINESSES, THESE INDUSTRIES ARE GETTING INTO THE DATA STORAGE PIECE.

AI, YOU KNOW, WE THE PUBLIC, THEY ARE THE ONES THAT ARE DRIVING THIS AND SO YEAH EVERYBODY GOOD WORK.

CAN I JUST WANT TO ADD ONE THING ON TO THAT.

YOU KNOW WHEN WE HOST POTENTIAL CANDIDATES THAT ARE THINKING ABOUT MOVING THEIR BUSINESS TO CEDAR RAPIDS, YOU KNOW, WE ALWAYS GET THE SAME QUESTIONS.

DO YOU HAVE WATER? DO YOU HAVE WASTEWATER CAPACITY.

DO YOU HAVE LAND AVAILABLE? AND ONE THAT IS STARTING TO POP UP MORE AND MORE OFTEN IS WHERE ARE WHERE IS DATA STORAGE? WHERE'S BACKUP DATA STORAGE? WHERE DO THESE THINGS EXIST? AND WE'RE STARTING TO SEE THAT ON A MORE REGULAR BASIS AS WELL.

COUNCIL MEMBER POE.

WELL, YOU KNOW, BILL, THANK YOU.

ONE OF THE THINGS I'VE LEARNED OVER THE LAST 12 YEARS ON COUNCIL IS THAT JEFF POMERANZ HAS ALWAYS SAID, YOU KNOW, THESE PROJECTS AREN'T EASY.

[01:20:07]

THEY'RE NOT EASY AND SO TO COUNCILMAN OLSEN'S POINT, YOU KNOW, WE HAVE BEEN I KIND OF TAKE THEM FOR GRANTED.

BUT THE AMOUNT OF WORK THAT GOES INTO BRINGING AN INDUSTRY AND A PROJECT LIKE THIS BEFORE US, IT'S A LOT OF WORK.

SO I'D LIKE TO GIVE A LOT OF CREDIT TO YOU, TO CITY MANAGER POMERANTZ, AND CERTAINLY TO OUR MAYOR FOR HER LEADERSHIP, BECAUSE THIS ISN'T EASY AND IT LOOKS EASY FROM SITTING OUT THERE.

BUT IN HERE AND THE WORK THAT YOU DO, IT AIN'T EASY.

AND CERTAINLY WE APPRECIATE ALL THAT HARD WORK.

SO THANK YOU. YEAH.

THANK YOU. AND I'LL JUST THROW IN THERE.

ABSOLUTELY A TEAM SPORT.

GREAT SUPPORT FROM FROM COUNCIL AND JEFF AND ALL OUR COMMUNITY PARTNERS AS WELL.

YOU KNOW ALLIANT ENERGY AND WE APPRECIATE THOSE PARTNERSHIPS.

COUNCIL MEMBER OVERLAND.

I AGREE WITH WHAT EVERYBODY HAS SAID.

TRYING TO SPEAK, BUT EVERYBODY WAS SAYING WHAT I WAS PLANNING TO SAY.

BUT ONE THING, THINKING OUTSIDE THE BOX A LITTLE BIT RECENTLY, IT WAS IN THE NEWS THAT NEXTERA IS THINKING ABOUT DUANE ARNOLD AND THE POSSIBILITY OF RESTARTING DUANE ARNOLD FACILITY.

AND IN READING SOME ARTICLES IN THE WALL STREET JOURNAL RECENTLY AROUND THE COUNTRY, THIS IS NOT THE ONLY PLACE THAT THESE UTILITY COMPANIES ARE STARTING TO QUESTION.

WELL, MAYBE IT WASN'T SUCH A GOOD IDEA TO EITHER MOTHBALL OR DECOMMISSION THE NUCLEAR POWER PLANTS, AND I CAN'T HELP BUT THINKING THE DATA CENTERS ARE DRIVING THAT DISCUSSION BECAUSE PREVIOUSLY THEY WOULD SAY, OH NO, IT'S TOO EXPENSIVE TO DO THAT.

WELL, MAYBE NOT.

SO IT'LL BE INTERESTING TO SEE, BECAUSE IF DUANE ARNOLD GETS RECOMMISSIONED SOMEWHERE DOWN THE ROAD, I MEAN, THEY WERE LITERALLY HUNDREDS AND HUNDREDS AND HUNDREDS OF HIGH-QUALITY JOBS AT DUANE ARNOLD BEFORE THE DECOMMISSIONING.

SO WE'LL SEE WHAT HAPPENS.

YEAH. THREE MILE ISLAND WAS IN THAT ARTICLE AND THAT IS REOPENING FOR ONE CLIENT.

THANK YOU. IF THERE'S NOTHING ELSE.

OKAY. WE'LL GO AHEAD AND MOVE ON.

SO SEEING NO FURTHER QUESTIONS, THE ADOPTION OF THE RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER TYLER OLSON AND SECONDED BY COUNCILMEMBER HAGER.

THANK YOU. ITEM NUMBER 28 IS A PRESENTATION AND RESOLUTION AUTHORIZING CITY FINANCIAL INCENTIVES UNDER THE COMMUNITY BENEFIT ECONOMIC DEVELOPMENT PROGRAM FOR THE CONSTRUCTION

[28. Presentation and resolution authorizing City financial incentives under the Community Benefit Economic Development Program for the construction of a commercial headquarters building at 551 50th Avenue Drive SW as proposed by Rex Real Estate LLC (Scott Mather). (Council Priority) CIP/DID #URTE-0058-2024]

OF A COMMERCIAL HEADQUARTERS BUILDING AT 550 1/50 AVENUE SOUTHWEST, AS PROPOSED BY REX REAL ESTATE, LLC.

SCOTT MATHERS HERE.

SCOTT, I'LL RECOGNIZE YOU.

THANK YOU MAYOR.

SO WE RECEIVED A REQUEST FROM REX REAL ESTATE FOR FINANCIAL INCENTIVES FOR A NEW COMMERCIAL HEADQUARTERS PROJECT AT 550 1/50 AVENUE DRIVE SOUTHWEST.

REX CONCRETE PROVIDES A HIGH TOLERANCE CONCRETE SERVICE.

JUST A COUPLE OF PROJECTS THAT I THINK WE ALL ARE AWARE OF THAT THEY WERE VERY MUCH A PART OF MCGRATH AMPHITHEATER, VETERANS MEMORIAL STADIUM BY AND THE PCI MEDICAL PAVILION. SO THIS PROJECT QUALIFIES UNDER THE COMMUNITY BENEFIT.

COMMUNITY BENEFIT ECONOMIC DEVELOPMENT PROGRAM AS IT'S A RELOCATION OF CORPORATE HEADQUARTERS FROM RURAL LINN COUNTY TO CEDAR RAPIDS.

THIS IS A $4 MILLION INVESTMENT.

CONSTRUCTION OF A 20000 SQUARE FOOT BUILDING, MIXED USE OFFICE AND SHOP SPACE, BRINGING 11 JOBS TO CEDAR RAPIDS.

CONSTRUCTION WOULD COMMENCE LATER THIS WINTER AND COMPLETE BY THE END OF NEXT YEAR.

THE STANDARD INCENTIVE IS A TEN YEAR DECLINING SCALE EXEMPTION OF THE INCREASED VALUE.

WE EXPECT ROUGHLY 1.4 MILLION IN TAXES WOULD BE GENERATED OVER TEN YEARS, OF WHICH AROUND 500,000 WOULD BE EXEMPTED.

SO HERE IS AN AERIAL INDICATING WHERE THE LOCATION OF THE PROJECT.

WE HAVE HIGHWAY 30 HERE TO THE SOUTH AND KIRKWOOD BOULEVARD OVER HERE TO THE WEST.

AND THE NEXT COUPLE OF SLIDES ARE RENDERINGS OF WHAT THIS BUILDING WOULD LOOK LIKE.

SO TODAY WE'RE HERE TO CONSIDER THE RESOLUTION OF SUPPORT.

AND IF APPROVED, THEN WE WOULD TAKE THE NECESSARY STEPS TO CREATE AN URBAN REVITALIZATION AREA TO PROVIDE THAT MECHANISM FOR THE EXEMPTION.

AND WITH THAT, I'LL TURN IT BACK TO YOU, MAYOR.

EXCELLENT. THANK YOU. SCOTT.

COUNCIL, ANY QUESTIONS ON THIS PROJECT? OKAY. SEEING NO FURTHER QUESTIONS, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER SCOTT OLSON, SECONDED BY COUNCIL MEMBER TODD.