[1.A public hearing will be held to consider the proposed plans, specifications, form of contract and estimated cost for the 3rd Street SW from Diagonal Drive to 3rd Avenue Reconstruction project (Doug Wilson). (Paving for Progress) CIP/DID #3012347-02]

FORM OF CONTRACT AND ESTIMATED COST FOR THE THIRD STREET SOUTHWEST FROM DIAGONAL DRIVE TO THIRD AVENUE RECONSTRUCTION PROJECT.

DOUG WILSON IS HERE. DOUG, I'LL RECOGNIZE YOU.

THANK YOU, MAYOR. DOUG WILSON, PUBLIC WORKS DEPARTMENT.

THIS PROJECT IS PRETTY STRAIGHTFORWARD. IT'S A FULL PAVEMENT RECONSTRUCTION WITH WATER AND STORM SEWER IMPROVEMENTS, ALONG WITH TRAFFIC SIGNAL REPLACEMENT AT DIAGONAL AND THIRD STREET, AND THEN AT FIFTH AVENUE AND L STREET.

ENGINEER'S OPINION OF PROBABLE COST IS $2,830,000.

THE BID OPENING IS SCHEDULED FOR JANUARY 22ND, WITH CONSTRUCTION TO START IN THE SPRING OF 2025 AND COMPLETION IN THE LATE FALL OF 2025.

PUBLIC WORKS RECOMMENDS APPROVAL OF THE RESOLUTION.

THANK YOU. THANK YOU, DOUG. 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 FOR THE RECORD COUNCIL COMMENTS.

ALL RIGHT. SEEING NONE. THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER SCOTT OLSON, SECONDED BY COUNCIL MEMBER TODD. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

ITEM NUMBER TWO IS A PUBLIC HEARING TO CONSIDER THE PROPOSED PLAN SPECIFICATIONS, FORM OF CONTRACT AND ESTIMATED COST FOR THE FIFTH AVENUE SOUTHEAST FROM FIFTH STREET TO

[2.A public hearing will be held to consider the proposed plans, specifications, form of contract and estimated cost for the 5th Avenue SE from 5th Street to 19th Street Pavement Rehabilitation project (Doug Wilson). (Paving for Progress) CIP/DID #3012381-02]

19TH STREET PAVEMENT REHABILITATION PROJECT. AND, DOUG, ONCE AGAIN, I'LL RECOGNIZE YOU.

THANK YOU. MAYOR. THIS PROJECT INCLUDES TOTAL CURB AND GUTTER REPLACEMENT, ASPHALT RESURFACING, RECONSTRUCTION OF THE EIGHTH STREET INTERSECTION ALONG WITH WATER MAIN SERVICE REPLACEMENT AND CURB RAMP REPLACEMENT FOR ADA ACCESSIBILITY. THE ENGINEER'S OPINION OF PROBABLE CAUSE FOR THIS PROJECT IS $4,390,000.

THE BID OPENING IS TOMORROW, JANUARY 15TH, 2025, AND WE EXPECT CONSTRUCTION TO START IN THE SPRING OF 2025, WITH COMPLETION IN THE LATE FALL OF 2026, SO THIS WILL BE A TWO YEAR PROJECT.

THE PUBLIC WORKS DEPARTMENT RECOMMENDS APPROVAL OF THE RESOLUTION.

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

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

FOR THE RECORD, THAT BRINGS US TO COUNCIL COMMENTS. COUNCIL MEMBER OLSON.

THANK YOU, MAYOR. I THINK WHEN THE ANNEX APARTMENTS WERE BEING CONSTRUCTED, PART OF FIFTH AVENUE WAS CLOSED.

YES. AND THAT DID IMPACT BUSINESSES THERE. I THINK THIS IT LOOKED LIKE IT GOES BY THAT AREA AGAIN.

YES, IT DOES. SO, I JUST WANT TO MAKE SURE THAT WE THERE'S A SERIES OF BUSINESSES ALONG THERE THAT DURING THAT CONSTRUCTION WHICH LASTED OVER A YEAR, WENT OUT OF BUSINESS. AND THERE'S SOME NEW PEOPLE IN THERE NOW. AND I WANT TO MAKE SURE THAT WE MAKE SURE ALL BUSINESS OWNERS UNDERSTAND WHAT MAY HAPPEN, BECAUSE I THINK THERE'S 4 OR 5 EASILY ALONG THAT STRETCH, JUST DOWN IN THE CORE AREA.

YES. WE DON'T EXPECT THE ROADWAY TO BE CLOSED FOR AN ENTIRE YEAR.

IT'LL BE DONE IN SECTIONS. AND THOSE PIECES HAVE ALREADY BEEN.

WE'VE ALREADY BEEN IN TOUCH WITH MANY OF THE PROPERTY OWNERS IN THAT AREA.

OKAY, GREAT. THANK YOU. THANK YOU. ANYONE ELSE? ALL RIGHT. SEEING NOTHING FURTHER, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER TODD, SECONDED BY COUNCIL MEMBER VANORNY. ALL THOSE IN FAVOR SAY AYE.

[00:10:04]

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU. HERE IN THE CITY OF CEDAR RAPIDS, WE DO HAVE TWO PUBLIC COMMENT PERIODS.

[PUBLIC COMMENT]

THE FIRST ONE IS A CHANCE FOR THE PUBLIC TO ADDRESS THE CITY COUNCIL ON ANY SUBJECT PERTAINING TO COUNCIL ACTION SCHEDULED FOR TODAY.

AND I SEE THAT WE HAVE NO ONE SIGNED UP TO SPEAK ON THAT.

SO WE WILL GO AHEAD AND CLOSE OUT THAT FIRST PUBLIC COMMENT PERIOD.

CITY MANAGER POMERANTZ, DO YOU HAVE ANY CHANGES TO THE AGENDA? ONE CHANGE, YOUR HONOR.

[MOTION TO APPROVE AGENDA]

NO CHANGES. OH, ONE CHANGE. YES. CAN YOU TURN YOUR MICROPHONE ON? MR. POMERANZ? THANK YOU. SURE. THANK YOU. SO THIS IS A REQUEST BY THE PUBLIC WORKS DEPARTMENT TO REMOVE ITEM NUMBER 11.E .

11.E FROM THE AGENDA. WE'RE REMOVING 11.E FROM THE AGENDA.

ANY MORE CHANGES? THAT'S THE ONLY CHANGE. OKAY.

THANK YOU. THANK YOU SO MUCH. DO ANY COUNCIL MEMBERS NEED TO RECUSE THEMSELVES ON ANY AGENDA ITEMS OR MAKE ANY CHANGES? ALL RIGHT THEN THAT BRINGS US FOR A MOTION TO APPROVE THE AGENDA, AS AMENDED.

THE APPROVAL OF THE AGENDA HAS BEEN MOVED BY COUNCIL MEMBER POE, SECONDED BY COUNCILMEMBER OVERLAND.

ALL THOSE IN FAVOR SAY AYE. AYE. THOSE OPPOSED SAY NO.

AND THIS MOTION CARRIES. THANK YOU. COUNCIL, THAT BRINGS US TO THE CONSENT AGENDA.

[CONSENT AGENDA]

THE APPROVAL OF THE CONSENT AGENDA HAS BEEN MOVED BY COUNCIL MEMBER OVERLAND, SECONDED BY COUNCIL MEMBER TYLER OLSON. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. IN THIS MOTION CARRIES.

THANK YOU, COUNCIL. WE WILL NOW MOVE ON TO OUR REGULAR AGENDA.

AND THAT BRINGS US TO ITEM NUMBER 19. THIS IS A REPORT ON BIDS FOR THE WALFORD ROAD FROM SIXTH STREET SOUTHWEST TO

[19. Report on bids for the Walford Road from 6th Street SW to 1,350 Feet West project (estimated cost is $1,590,000) (Ken DeKeyser). (Council Priority) CIP/DID #301919-02]

1350FT WEST PROJECT. THIS HAS AN ESTIMATED COST OF $1,590,000.

KEN DEKEYSER IS HERE. KEN, I'LL RECOGNIZE YOU.

GOOD AFTERNOON, MAYOR AND COUNCIL. KEN DEKEYSER WITH PUBLIC WORKS DEPARTMENT. THIS PROJECT WOULD EXTEND A PCC OR CONCRETE PAVING FROM SIXTH STREET TO SOUTHWEST TO 1350 FEET WEST, REPLACING EXISTING GRAVEL SURFACE.

IT ALREADY HAD BID ON DECEMBER 18TH, AND IT WOULD HAVE A SPRING LATE START DATE.

THIS IS LOCATION MAP JUST SHOWING WEST OF SIXTH STREET.

THIS WAS DONE IN CONNECTION WITH THE STATE OF IOWA RISE GRANT THAT WAS AWARDED ALSO IN CONNECTION WITH THE FEDEX FACILITY THAT WAS RECENTLY BUILT NEAR SIXTH STREET IN WALFORD.

11 BIDS WERE RECEIVED, RANGING FROM THE LOW BID OF $1,032,823.66, UP TO $357,258.90. AND FOR NOW, WE ARE GOING TO TAKE THIS TO THE IOWA DOT AND HAVE THEM REVIEW, AND THEN WE WILL COME BACK TO THE COUNCIL WITH A SUGGESTED ACTION. THANK YOU. OKAY.

THANK YOU SO MUCH KEN. SO WE HAVE NO RESOLUTION ON THIS ITEM.

WE'LL MOVE ON TO NUMBER ITEM NUMBER 20. AND THIS IS A REPORT ON BIDS FOR THE 42ND STREET NORTHEAST FROM EDGEWOOD ROAD TO PINE VIEW DRIVE.

[20. Report on bids for the 42nd St NE from Edgewood Road to Pine View Drive Pavement Improvements project (estimated cost is $5,100,000) (Doug Wilson). (Paving for Progress) CIP/DID #3012188-03]

PAVEMENT IMPROVEMENT PROJECTS WITH AN ESTIMATED COST OF $5,100,000.

AND IF I HAD A DRUM ROLL, I WOULD ROLL IT. IT IS TIME WE HEAR ABOUT THIS PROJECT.

DOUG WILSON GETS TO TELL US ABOUT IT. DOUG, I'LL RECOGNIZE YOU.

THANK YOU. MAYOR. THIS PROJECT INCLUDES FULL PAVEMENT RECONSTRUCTION, NEW SIDEWALKS AND ADA COMPLIANT CURB RAMPS, WATER STORM SEWER AND SANITARY SEWER IMPROVEMENTS, SOME RETAINING WALLS, AND TWO MID-BLOCK RFB CROSSINGS AT 42ND STREET BETWEEN EDGEWOOD ROAD AND PINE VIEW DRIVE. THE PROJECT IS EXPECTED TO START THIS SPRING IN 2025 AND BE COMPLETED EITHER IN LATE 2025 OR EARLY 2026.

NINE BIDS WERE RECEIVED ON JANUARY 8TH FOR THIS PROJECT, RANGING FROM $4,336,112.55 TO $5,595,021.70. THE PUBLIC WORKS DEPARTMENT RECOMMENDS APPROVAL OF THE RESOLUTION TO AWARD THE CONTRACT.

NF PAVING COMPANY, LLC, IN THE AMOUNT OF $4,336,112.55.

THANK YOU. THANK YOU. THANK YOU SO MUCH, DOUG.

AND UNDER THE ESTIMATED COST. THAT'S PHENOMENAL.

BEFORE WE GET TO KENNY COUNCIL THOUGHTS OR QUESTIONS, I JUST.

COULD YOU JUST REMIND US ALL THE PROCESS THAT YOU GO THROUGH TO NOTIFY THOSE BUSINESS OWNERS WHAT THE PLAN LOOKS LIKE? WELL, WE'VE ALL BEEN WAITING ANXIOUSLY FOR 42ND STREET. THERE ARE BUSINESSES THERE, SO JUST REMIND US OF HOW YOU WORK WITH THEM AND COMMUNICATE WITH THEM.

CERTAINLY, WE HAVE A SET OF PUBLIC MEETINGS FOR EVERY PROJECT THAT WE DO WITH PAYING FOR PROGRESS, REGARDLESS OF THE COMMERCIAL OR THE RESIDENTIAL NATURE OF THE PROJECT.

WE'VE HAD 2 OR 3. EXCUSE ME, THREE PUBLIC MEETINGS WITH THIS PROJECT.

AND WE KNOW THAT THERE'S ONE PARTICULAR PROPERTY OWNER THAT IS VERY CONCERNED ABOUT CLOSING OF THE ROAD, AND WE'VE WORKED VERY CLOSELY WITH THEM, AND HOPEFULLY WE CAN ALLEVIATE THEIR CONCERNS AS WE MOVE THROUGH THE PROJECT.

[00:15:02]

ALL RIGHT, DOUG, THANK YOU FOR THAT. COUNCIL THOUGHTS, QUESTIONS ON THIS.

OTHER THAN JUST A ROUND OF APPLAUSE. WE'LL STOP SHORT OF THAT.

IF THERE ARE NO OTHER QUESTIONS, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER TYLER OLSON, SECONDED BY COUNCILMEMBER HAGER. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU. ITEM NUMBER 21 IS A PRESENTATION AND RESOLUTION OF SUPPORT AUTHORIZING ABOVE STANDARD CITY FINANCIAL INCENTIVES FOR THE REDEVELOPMENT OF THE PRIOR SEARS

[21. Presentation and resolution of support authorizing above standard City financial incentives for the redevelopment of the prior Sears building at 4600 1st Avenue NE by Shops at Cedar Rapids, LLC under the Brownfield/Grayfield Economic Development Program (Scott Mather). (Council Priority) CIP/DID #TIF-0001-2024]

BUILDING AT 4,601ST AVENUE NORTHEAST BY SHOPPES AT CEDAR RAPIDS, LLC UNDER THE BROWNFIELD GRAYFIELD ECONOMIC DEVELOPMENT PROGRAM.

SCOTT MATHER IS HERE TO TALK ABOUT THAT. SCOTT, WE'LL RECOGNIZE YOU. THANK YOU.

MAYOR, COUNCIL, SCOTT MATHER WITH THE CITY MANAGER'S OFFICE.

SO WE RECEIVED A REQUEST FROM SHOPS AT CEDAR RAPIDS LLC FOR ABOVE STANDARD CITY FINANCIAL INCENTIVES.

THE PROJECT DOES QUALIFY UNDER THE BROWNFIELD GRAYFIELD ECONOMIC DEVELOPMENT PROGRAM. THIS BUILDING HAS REQUIRED SIGNIFICANT REMEDIATION OF CONTAMINANTS TO ALLOW FOR REDEVELOPMENT.

THE INCENTIVE WOULD PROVIDE A TEN YEAR, 100% REBATE OF THE INCREASED TAXES GENERATED BY THE PROJECT.

THIS IS A $25 MILLION CAPITAL INVESTMENT PROJECT FOR THE RENOVATION OF THE FORMER SEARS BUILDING.

ROUGHLY 120,000 SQUARE FOOT OF BUILDING. THE TENANT IS A NATIONAL RETAILER, AND PART OF THE PROJECT WOULD INVOLVE A YEAR-ROUND MULTI-PURPOSE OUTDOOR FIELD.

CONSTRUCTION WOULD COMMENCE HERE IN AUGUST OF 25 AND COMPLETE BY MARCH OF 26.

EMPLOYMENT IS EXPECTED TO HAVE A TOTAL OF 110 TOTAL RETAINED AND NEW FULL-TIME JOBS.

A COUPLE OF STREET PHOTOS OF THE CURRENT STATUS OF THE BUILDING.

THIS IS FROM FIRST AVENUE LOOKING AT THE SEARS PRIOR SEARS BUILDING.

AND THEN FROM COLLINS ROAD. SO HERE IS A SITE PLAN SHOWING THIS WOULD BE FACING NORTH.

SO TO THE BOTTOM HERE WOULD BE FIRST AVENUE. UP HERE WOULD BE COLLINS.

YOU'LL NOTICE THIS OUTDOOR FIELD WHAT THEY'RE DOING IS THEY ARE REMOVING THE AUTOMOTIVE BAYS THAT CURRENTLY EXIST OFF THAT CORNER TO ALLOW FOR THIS SPACE FOR THIS FIELD.

SO HERE IS A RENDERING OF THE ENTRANCE FROM COLLINS ROAD, WHICH WILL BE THE PRIMARY ENTRANCE.

THE FIRST AVENUE ENTRANCE WILL LOOK SIMILAR, JUST MAYBE A LITTLE SMALLER.

FACADE ON THE ON THE FRONT OF THE BUILDING. STAFF RECOMMENDS APPROVAL OF THE RESOLUTION OF SUPPORT AUTHORIZING THE TEN YEAR, 100% REBATE OF INCREASED TAXES. AN ESTIMATED $3.4 MILLION IN TAXES WOULD BE GENERATED OVER A TEN YEAR PERIOD, OF WHICH 2.1 MILLION WOULD BE REBATED. SO TODAY, WE'RE HERE TO CONSIDER THE RESOLUTION OF SUPPORT.

IF APPROVED, THE NEXT STEPS WOULD BE TO CREATE AN URBAN RENEWAL AREA AND ESTABLISH A TIF ORDINANCE, AS WELL AS TO BRING A DEVELOPMENT AGREEMENT BACK TO COUNCIL FOR CONSIDERATION.

WITH THAT, I WILL TURN IT BACK TO YOU, MAYOR, FOR ANY QUESTIONS. THANK YOU, SCOTT.

EXCITING COUNCIL THOUGHTS. QUESTIONS. COUNCIL MEMBER OLSON? THANK YOU, MAYOR. WERE YOU INJURED NEGOTIATING THE INCENTIVES OR I WAS WAITING FOR THAT.

SCOTT. I CAN'T SPEAK AS THIS IS A PUBLIC HEARING OR PUBLIC MEETING.

ALL RIGHT, JUST CHECKING. BUT YOU KNOW, AS WE LOOK AT THIS BUILDING, ONE THING THAT YOU DIDN'T HAVE IN YOUR SHEET, WHICH I THINK IS THINK IS IMPORTANT. EVEN THOUGH THE BUILDING'S BEEN SITTING EMPTY, IT ALREADY PAYS PROPERTY TAXES, AND THOSE PROPERTY TAXES THAT IT'S ALREADY PAYING WILL CONTINUE.

WHAT WE'RE ABATING IS THE IMPROVEMENTS THAT CREATE ADDITIONAL TAXES.

DO YOU REMEMBER WHAT THE BASE TAX WAS? I DIDN'T HAVE A CHANCE TO LOOK THAT UP, BUT I JUST THAT WASN'T IN THERE.

BUT I THINK PEOPLE NEED TO KNOW THEY'RE STILL GOING TO BE PAYING TAXES. IT'S JUST IT'S ONLY ON THE NEW IMPROVEMENTS.

AND THAT'S TRUE WITH MOST OF THE PROJECTS THAT ARE BROUGHT TO COUNCIL, THAT THOSE EXISTING TAXES THAT WERE BEING PAID PRIOR TO A REDEVELOPMENT OF A BUILDING CONTINUE TO BE PAID AND ARE NOT REBATED OR EXEMPTED, DEPENDING ON WHICH TOOL WE USE.

THOSE BASE VALUES THAT ARE CURRENTLY BEING PAID CONTINUE TO BE PAID.

THANK YOU COUNCILMEMBER. THANK YOU. MAYOR. SO, SCOTT IN THE DEVELOPMENT AGREEMENT, WILL WE BE GETTING RID OF ANY OF THE SURFACE PARKING SURROUNDING THAT THE FRONT OF THAT AREA ASSOCIATED ON THE ON THE FIRST AVENUE SIDE.

THERE'S A LOT OF PAVEMENT THERE. I'M JUST WONDERING IF HOW MANY PARKING SPACES THIS MIGHT REQUIRE.

AND YEAH, I THINK THOSE ARE THOSE ARE DETAILS THAT WE NEED TO WORK OUT IN THE DEVELOPMENT AGREEMENT. AND SO WE HAVEN'T REALLY GOTTEN INTO THOSE DETAILS YET.

BUT I DO KNOW THAT THEY INTEND TO RESURFACE BOTH SIDES.

SO IT WILL BE A MUCH NICER PARKING LOT THAN CURRENTLY EXISTS.

IT'S PRETTY RUNDOWN AT THIS POINT. AND SO THEY WILL BE RESURFACING THOSE AREAS.

I KNOW FOR A FACT, AS FAR AS YOU KNOW, THEY'LL HAVE TO MEET THE MINIMUM NUMBER OF PARKING SPACES, YOU KNOW, BASED ON THE SIZE OF THE SQUARE FOOTAGE.

BUT THERE MAY BE OPPORTUNITIES TO REPURPOSE SOME OF THAT AND TO OUTLOTS, SO TO SPEAK.

[00:20:05]

OKAY. THAT WOULD BE GREAT. AND BUT IN ADDITION TO THAT, WE WANT TO ALWAYS REMEMBER TO HAVE THEM INCLUDE THE TREES AND CANOPY AND THAT AND THAT WOULD BE REQUIRED. GREAT. THANK YOU SO MUCH. YOU'RE WELCOME.

ANYONE ELSE ALL RIGHT I WOULD JUST AGAIN WHEN WE'RE TALKING ABOUT DEVELOPMENT AGREEMENTS, JUST ENCOURAGE YOU KNOW, I SEE A FIELD ON THERE AND SOME RECREATION. LET'S JUST MAKE SURE WE'RE DOING EVERYTHING WE CAN TO PROVIDE BENEFITS TO ALL MEMBERS OF OUR COMMUNITY.

IF THERE ARE OPPORTUNITIES TO ENCOURAGE PARTNERSHIPS WITH THE WORK THAT THEY'RE DOING.

I'M HAPPY TO TALK MORE OFFLINE ABOUT THAT, BUT JUST WANT TO GET THAT AHEAD, GET AHEAD OF THAT.

SO, IF THERE ISN'T ANYBODY ELSE YES. YES. I JUST WANTED TO CONGRATULATE THE STAFF FOR NEGOTIATING THIS.

IT'S NO SECRET THE NUMBER OF MALLS THAT ARE CLOSING EACH YEAR ACROSS THE COUNTRY.

AND THIS MALL IN PARTICULAR HAS HAD SOME CHALLENGES AND WILL CONTINUE TO HAVE CHALLENGES AS LONG AS PEOPLE CONTINUE TO SHOP AT AMAZON. THAT'S MY EDITORIAL COMMENT, BUT I THINK THIS IS A HUGE WIN-WIN FOR BOTH THE DEVELOPER AND THE CITY. SO, WANT TO, HAT'S OFF TO THE TEAM FOR NEGOTIATING THIS ONE.

THANK YOU, COUNCIL MEMBER TODD. ABSOLUTELY. ALL CREDIT TO OUR ECONOMIC DEVELOPMENT TEAM.

THANK YOU. IF THERE ARE NO OTHER QUESTIONS, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCILMEMBER HAGER. SECONDED BY COUNCIL MEMBER MEYER.

ALL THOSE IN FAVOR SAY AYE. AYE. THOSE OPPOSED SAY NO.

AND THIS MOTION CARRIES. THANK YOU. ITEM NUMBER 22 IS A PRESENTATION AND RESOLUTION AUTHORIZING CITY FINANCIAL INCENTIVES FOR A RECONSTRUCTION PROJECT AT 2055 NORTHTOWN

[22. Presentation and resolution authorizing City financial incentives for a reconstruction project at 2055 North Towne Lane NE by Cedar Rapids Industrial Property, LLC under the Brownfield/Grayfield Economic Development Program (Scott Mather). (Council Priority) CIP/DID #URTE-0059-2025]

LANE NORTHEAST BY CEDAR RAPIDS INDUSTRIAL PROPERTY, LLC, AT THE BROWNFIELD GRAYFIELD ECONOMIC DEVELOPMENT PROGRAM.

AND SCOTT. I WILL RECOGNIZE YOU ONCE AGAIN. THANK YOU.

MAYOR. WE RECEIVED A REQUEST FROM CEDAR RAPIDS INDUSTRIAL PROPERTY LLC FOR STANDARD FINANCIAL CITY INCENTIVES.

THE PROJECT QUALIFIES UNDER THE BROWNFIELD GRAYFIELD ECONOMIC DEVELOPMENT PROGRAM. THIS BUILDING SUSTAINED SIGNIFICANT DAMAGE DURING THE 2020 DERECHO, WHICH UNFORTUNATELY RESULTED IN REPEATED VANDALISM AND TRESPASSING.

PASSING HAS BEEN VACANT SINCE THEN. THE STANDARD INCENTIVE PROVIDES A TEN YEAR DECLINING SCALE EXEMPTION OF THE NEW VALUE IN TAXES.

THIS IS A $1.25 MILLION INVESTMENT. CALLS FOR THE RENOVATION OF THE 62,000 SQUARE FOOT INDUSTRIAL BUILDING, WHICH WILL INVOLVE REPLACING THE ROOF, FIXING BROKEN WINDOWS, REPLACING DAMAGED SIDING, AND ALSO SOME NEW ELECTRICAL.

CONSTRUCTION WOULD BEGIN HERE IN APRIL OF 25 AND COMPLETE BY THE END OF THE YEAR 2025.

THIS IS EXPECTED TO GENERATE AROUND TEN NEW JOBS.

SO HERE'S AN AERIAL SHOWING THE LOCATION OF THE BUILDING. SO DUE EAST IS CENTER POINT ROAD.

ON THE WEST SIDE IS 380. AND WHAT YOU CAN'T SEE TO THE NORTH IS BLAIRS FERRY ROAD.

SO THIS IS AS OF LAST SUMMER. THIS WAS THE CURRENT CONDITION OF THE FRONT OF THE PROPERTY AND SOME PRETTY SIGNIFICANT DAMAGE INSIDE, AS WELL AS JUST DUE TO THE FACT THAT THE ROOF TORE OFF.

STAFF RECOMMENDS APPROVAL OF THE RESOLUTION OF SUPPORT, AUTHORIZING A TEN YEAR DECLINING SCALE EXEMPTION.

AN ESTIMATED 815,000 IN TOTAL TAXES WOULD BE GENERATED OVER TEN YEARS, WITH 245,000 BEING EXEMPTED.

SO TODAY, WE'RE HERE TO CONSIDER THE RESOLUTION OF SUPPORT, AND IF APPROVED, THEN THE NEXT STEP WOULD BE TO CREATE THE URBAN REVITALIZATION AREA.

WITH THAT, I'LL TURN IT BACK TO YOU. THANK YOU, THANK YOU, THANK YOU SO MUCH. COUNCIL QUESTIONS COUNCIL MEMBER VANORNY.

YEAH. CAN YOU GO BACK TO THE AERIAL SHOT? SO, THE OTHER PICTURES ARE HARROWING, TOO, BUT THIS ONE JUST GIVES A GOOD INDICATION, YOU KNOW, THE DIFFICULT THING ABOUT ANY SORT OF DISASTERS THAT WE'VE WEATHERED IS THAT THEY'RE NOT A ONE AND DONE RIGHT.

JUST BECAUSE IT MAY NOT BE MAKING THE NEWS ANYMORE, IT DOESN'T MEAN THAT IT'S NOT STILL ONGOING.

AND OBVIOUSLY THIS IS YOU KNOW, WE'RE FIVE, ALMOST FIVE YEARS LATER FROM THIS, AND THIS IS STILL SOMETHING THAT WE'RE REELING FROM.

IT'S THE SAME THING WHEN NATIONAL RETAILERS EITHER CHANGE THEIR BUSINESS MODEL OR THEY GO OUT OF FASHION.

AND WE HAVE THESE, YOU KNOW, LARGE PARCELS THAT ARE JUST SITTING EMPTY.

SO I KNOW I'VE PASSED BY THIS MANY TIMES AND JUST WONDERED WHAT'S TO COME OF IT.

I APPRECIATE THE CITY'S EFFORTS TO FIND SOMETHING FOR THIS TO BE USED FOR AND KNOW THAT IT'S NOT AN EASY PROCESS.

SO JUST TALKING POINTS ABOUT EXACTLY HOW LONG RECOVERY ACTUALLY TAKES.

THANK YOU FOR YOUR WORK. THANKS. ALL RIGHT. IF THERE ARE NO OTHER QUESTIONS, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCILMEMBER OVERLAND, SECONDED BY COUNCILMEMBER POE. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU. COUNCIL ITEM NUMBER 23 IS A PRESENTATION AND RESOLUTION AUTHORIZING CITY FINANCIAL INCENTIVES FOR THE CONSTRUCTION OF THREE COMMERCIAL BUILDINGS AT

[23. Presentation and resolution authorizing City financial incentives for the construction of three commercial buildings at 8205 6th Street SW by 380 Commerce Park LLC under the Master Plan Redevelopment Economic Development Program (Scott Mather). (Council Priority) CIP/DID #TIF-0008-2025]

8205 SIXTH STREET SOUTHWEST BY 380 COMMERCE PARK, LLC, UNDER THE MASTER PLAN REDEVELOPMENT ECONOMIC DEVELOPMENT PROGRAM.

[00:25:08]

SCOTT, ONCE AGAIN, I'LL TURN IT OVER TO YOU. THANK YOU.

SO WE RECEIVED A REQUEST FROM 380 COMMERCE PARK LLC FOR STANDARD FINANCIAL INCENTIVES.

THE PROJECT QUALIFIES UNDER THE MASTER PLAN REDEVELOPMENT ECONOMIC DEVELOPMENT PROGRAM AS IT MEETS THE MINIMUM 15 ACRES.

IT DOES CALL FOR A STANDARD INCENTIVE OF A TEN YEAR, 50% REBATE OF NEW VALUE IN TAXES.

THIS IS A $15 MILLION INVESTMENT FOR THREE COMMERCIAL BUILDINGS ON 19 ACRES, TWO OF WHICH ARE 50,000 SQUARE FOOT, ONE OF WHICH IS 120,000 SQUARE FOOT. THIS PROJECT IS EXPECTED TO CREATE 50 NEW JOBS WITH, WITH CONSTRUCTION TO COMMENCE HERE IN MARCH AND COMPLETE BY MARCH OF 30. THE PROJECT DOES OFFER WAREHOUSE SIZES THAT ARE NOT READILY AVAILABLE HERE IN CEDAR RAPIDS AT THIS TIME. PROJECT LOCATION. HERE IT IS DIRECTLY SOUTH OF B, WHICH IS RIGHT HERE ALONG 380 AND ALONG SIXTH STREET SOUTHWEST. SO HERE'S A STREET VIEW. TO BE DUE NORTH WITH COLLEGE COMMUNITY OVER HERE AT THE NORTHEAST OF THIS LOCATION. SO HERE'S THE TWO 50,000 SQUARE FOOT BUILDINGS.

HERE'S THE 120,000 SQUARE FOOT BUILDING THAT WOULD BE FACING 380, WITH THE DOCKING SIDE BEING ON THE INSIDE OF ALL THREE BUILDINGS.

SO A COUPLE OF RENDERINGS OF WHAT THESE BUILDINGS WILL LOOK LIKE.

ALL THREE BUILDINGS WILL LOOK EXACTLY LIKE THIS.

JUST THE 120,000 SQUARE FOOT BUILDING WILL OBVIOUSLY BE LONGER, BUT THEY WILL HAVE THE SAME THE SAME OUTSIDE LOOK.

STAFF RECOMMENDS APPROVAL OF THE RESOLUTION TO SUPPORT AUTHORIZING THE TEN YEAR, 50% REBATE OF TAXES.

AN ESTIMATED 5.8 MILLION IN TOTAL TAXES WOULD BE GENERATED OVER A TEN YEAR PERIOD, OF WHICH 2.1 WOULD BE REBATED.

SO TODAY, WE'RE HERE TO CONSIDER THE RESOLUTION OF SUPPORT. IF APPROVED, THE NEXT STEPS WOULD BE TO AMEND THE URBAN RENEWAL AREA AND BRING A DEVELOPMENT AGREEMENT BACK TO COUNCIL. WITH THAT, I'LL TURN IT BACK TO YOU, MAYOR.

THANK YOU, SCOTT. YOU MENTIONED THE UNIQUE AND THE MISSING SIZES OF THESE WAREHOUSES.

CAN YOU JUST PROVIDE CONTEXT TO THAT FOR THOSE HEARING COUNCIL AND MAYBE LISTENING IN, WHY THIS IS SO IMPORTANT? YEAH, I WOULD SAY ON A MONTHLY, IF NOT MORE OFTEN BASIS, THE ECONOMIC DEVELOPMENT TEAM RECEIVES INQUIRIES FROM OUTSIDE COMPANIES, EVEN LOCAL COMPANIES LOOKING TO EXPAND. AND OFTEN JUST DUE TO, YOU KNOW, IT COULD BE A VARIETY OF THINGS, BUT A LOT OF TIMES IT'S JUST TIME. THEY WANT SOMETHING THAT'S AVAILABLE THAT THEY CAN MOVE INTO IN RELATIVELY SHORT ORDER AND NOT HAVE TO WAIT FOR THE CONSTRUCTION CYCLE TO OCCUR.

AND SO WE'VE HAD TO, YOU KNOW, RESPOND BACK ON, ON A FEW RECENTLY WHERE WE REALLY DON'T HAVE A LOT OF OPTIONS CURRENTLY AVAILABLE.

THIS HAPPENS TO BE ONE THAT WE'VE PROVIDED THAT WE'RE LIKE, WELL, IT SHOULD BE AVAILABLE MAYBE LATER IN 25, BEGINNING OF 26, BUT WE DON'T REALLY KNOW. AND SO HAVING SOME OF THESE IN PLACE WE FEEL WILL REALLY BE A WAY TO PROVIDE FOR GROWTH IN OUR COMMUNITY. TO PROVIDE OPPORTUNITIES WHERE COMPANIES CAN CHOOSE CEDAR RAPIDS AND GET IN RELATIVELY QUICKLY AND CHOOSE CEDAR RAPIDS.

SO THAT'S WHY WE FEEL THIS IS IMPORTANT. GREAT.

THANK YOU. COUNCIL MEMBER OLSON. YEAH. THANK YOU.

MAYOR. LET ME KEEP RAISING MY HAND ALL THE TIME.

BUT, SCOTT, YOU KNOW, I'VE HAD THIS CONVERSATION WHERE THE CONCERN WAS.

A LOT OF TIMES WE SEE INCENTIVE PROGRAMS WHERE THEY COME.

AND HERE'S THE COMPANY COMING. IT'S CREATING THIS MANY JOBS, AND THAT'S BUILT INTO THE DEVELOPMENT AGREEMENT. SO EXPLAIN YOU AND I VISITED ABOUT THIS.

THEY DON'T HAVE TENANTS YET. THEY'RE GOING TO BUILD THE BUILDING SO THAT IT'S READY FOR TENANTS WHEN THEY APPEAR.

BUT IT HAS A JOB DESCRIPTION. SO EXPLAIN HOW YOU'RE BUILDING THAT INTO THE DEVELOPMENT AGREEMENT.

SO MOST IF NOT ALL OF THE COMMERCIAL PROJECTS THAT WE BRING TO COUNCIL HAVE AN EMPLOYMENT REQUIREMENT, A THRESHOLD THAT GETS NEGOTIATED AT THE DEVELOPMENT AGREEMENT.

AND WE HAVE A PROCESS FOR AN ANNUAL CERTIFICATION OF EMPLOYMENT THAT WE REACH OUT AND REQUIRE THE THE DEVELOPER OR COMPANY, WHOEVER WE HAVE THAT DEVELOPMENT AGREEMENT WITH, TO SHOW PROOF OF HOW MANY EMPLOYEES ON AVERAGE, THAT THEY HAVE ON A MONTHLY BASIS FOR THE PRIOR 12 MONTHS.

AND DEPENDING ON THE LANGUAGE OF THE DEVELOPMENT AGREEMENT, IF THEY DON'T HAVE THOSE, THEY DON'T MEET THAT THRESHOLD. THEY MAY NOT BE ELIGIBLE FOR THAT YEAR'S INCENTIVE. AND SO WE DON'T TACK THAT ON TO ADD ANOTHER YEAR AT THE END.

THEY JUST ARE NOT ELIGIBLE. OR PERHAPS DEPENDING ON HOW IT WAS WRITTEN, THEY MIGHT BE ELIGIBLE FOR A PORTION OF OF THE INCENTIVE.

AND SO THAT'S TRUE WITH ALL OF OUR DEVELOPMENT AGREEMENTS, WE BAKE IN A AN EMPLOYMENT THRESHOLD THAT THEY HAVE TO MEET.

AND SO THERE IS A BIT OF RISK IN THESE SITUATIONS WHERE YOU KNOW, WHEN A DEVELOPER IS LOOKING TO CHOOSE A TENANT AND IF THE TENANT DOESN'T HAVE A LOT OF EMPLOYEES NOW, IT KIND OF IT MAY AFFECT THEIR DECISION ON WHETHER OR NOT TO LEASE TO THAT COMPANY.

BUT WE ALSO KNOW THAT WE WANT TO KNOW WE'RE BRINGING JOBS TO THE COMMUNITY IF WE'RE GOING TO GET INVOLVED.

[00:30:03]

COUNCILWOMAN VANORNY? THANKS, MAYOR. YOU KNOW, BUSINESS IS REALLY BOOMING ALL THROUGHOUT CEDAR RAPIDS, BUT ESPECIALLY IN THIS PART OF MY DISTRICT. AND THE ONLY THE ONLY CONVERSATION THAT I JUST WANT TO BRING UP AGAIN, AS I HAVE WITH THE OTHER PROJECTS, IS ABOUT SOME OF THE AGRICULTURAL SPACES THAT ARE ADJACENT TO THIS.

SO WHAT ALWAYS COMES UP IS THE AMBIENT LIGHTING, BECAUSE THEY DO HAVE CROPS.

THEY HAVE ANIMALS. SO IF WE CAN JUST BE MINDFUL OF THAT AND WHERE POSSIBLE, STEER ANY OF THE LIGHTS AWAY FROM THE AGRICULTURAL SPACES THAT ARE STILL THERE.

CLOSER TO OUR WESTERN FRIENDS. THAT'D BE GREAT.

APPRECIATE THAT. ANYONE ELSE? ALL RIGHT. IF THERE ARE NO FURTHER QUESTIONS, THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY VANORNY, SECONDED BY TODD. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

ITEM NUMBER 24 IS A PRESENTATION AND RESOLUTION AUTHORIZING CITY FINANCIAL INCENTIVES FOR THE CONSTRUCTION OF NINE COMMERCIAL BUILDINGS ALONG 64TH AVENUE SOUTHWEST AND 26TH STREET

[24. Presentation and resolution authorizing City financial incentives for the construction of nine commercial buildings along 64th Avenue SW and 26th Street SW by 1145 Industrial Ave LLC under the Master Plan Redevelopment Economic Development Program (Scott Mather). (Council Priority) CIP/DID #TIF-0007-2025]

SOUTHWEST BY 1145 INDUSTRIAL AVE, LLC, UNDER THE MASTER PLAN REDEVELOPMENT ECONOMIC DEVELOPMENT PROGRAM.

SCOTT. I RECOGNIZE YOU. THANK YOU. THIS PROJECT IS VERY SIMILAR TO THE ONE I JUST PRESENTED ON REQUEST FROM 1145 INDUSTRIAL AVENUE, LLC FOR STANDARD AND FINANCIAL INCENTIVES. THE PROJECT QUALIFIES FOR THE MASTER PLAN REDEVELOPMENT ECONOMIC DEVELOPMENT PROGRAM.

IT MEETS THE 15 ACRE MINIMUM, CALLS FOR A STANDARD INCENTIVE OF A TEN YEAR, 50% REBATE OF NEW VALUE.

THIS IS A $21.5 MILLION INVESTMENT. IT CALLS FOR THE CONSTRUCTION OF NINE COMMERCIAL BUILDINGS ON 19 ACRES, SEVEN OF WHICH WOULD BE JUST SHY OF 12,000FT².

ONE WOULD BE 70,000FT² AND ONE WOULD BE 60,000FT².

THIS THIS PROJECT IS EXPECTED TO CREATE ROUGHLY 80 NEW JOBS, WITH CONSTRUCTION TO BEGIN IN MARCH OF 25 AND COMPLETE IN MARCH OF 31.

AS WITH THE WITH THE PRIOR PROJECT, THIS ONE REALLY OFFERS AGAIN SOME ADDITIONAL WAREHOUSE SIZES NOT CURRENTLY AVAILABLE.

PROJECT LOCATION. HERE WE HAVE EDGEWOOD ROAD TO THE WEST.

THIS IS WHERE THE GOOGLE DATA CENTER PROJECT IS OCCURRING.

AND SO THE PROJECT IS LITERALLY RIGHT NEXT TO US.

THERE'S A THERE'S A WAREHOUSE BUILDING RIGHT HERE.

SO AND THEN YOU HAVE 26TH STREET, I'M SORRY, 26TH STREET AND 64TH AVENUE ON THE CORNER.

SO, A STREET VIEW THIS IS FACING SOUTHWEST ON THAT CORNER OF 26TH AND 64TH.

THIS IS SHOWING THE PHASES. SO PHASES ONE THROUGH THREE WILL BE THOSE SMALLER BUILDINGS WITH PHASE FOUR AND FIVE BEING THE LARGER BUILDINGS.

AND AS WITH ANY OF THESE TYPES OF PROJECTS, DEMAND IS REALLY GOING TO IT COULD CHANGE.

IT COULD MAKE PHASE FOUR BE PHASE 1 OR 2. IF THERE'S A DEMAND FOR IT, THEY'RE GOING TO BUILD IT.

BUT TENTATIVELY THIS IS THE PLAN. SO THE NEXT COUPLE OF RENDERINGS ARE OF THE SMALLER BUILDINGS.

AND NOW THEY'LL FACE EACH OTHER AND SHOWING SOME OF THE, YOU KNOW, THE TREES AND THE LANDSCAPING WILL OBVIOUSLY WILL HAVE TO MEET OUR REQUIREMENTS.

BUT THIS GIVES YOU AN IDEA OF THE LAYOUT. AND THEN THIS WILL BE WHAT ALL THE TWO LARGER BUILDINGS LOOK LIKE.

SO STAFF RECOMMENDS APPROVAL OF THE RESOLUTION OF SUPPORT FOR A TEN YEAR 50% REBATE.

ROUGHLY 7 MILLION WOULD BE GENERATED OVER A TEN YEAR PERIOD, OF WHICH 2.4 MILLION WOULD BE REBATED.

SO TODAY WE WOULD CONSIDER THE RESOLUTION OF SUPPORT.

IF APPROVED, THE NEXT STEP WOULD BE TO CREATE AN URBAN RENEWAL AREA AND ESTABLISH A TIF ORDINANCE, AS WELL AS BRING A DEVELOPMENT AGREEMENT BACK TO COUNCIL FOR CONSIDERATION.

WITH THAT, I'LL TURN IT BACK TO YOU. ALL RIGHT. THANK YOU. SCOTT. COUNCIL. ANY QUESTIONS? COUNCILMEMBER POE? THANK YOU, MAYOR. YOU KNOW, SCOTT, I OVER THE YEARS, I'M ALWAYS HERE.

CITY MANAGER JEFF POMERANZ IN MY EARS SAYING THESE THINGS JUST DON'T HAPPEN OVERNIGHT.

AND IT TAKES A LOT OF HARD WORK AND A LOT OF PATIENCE AND A LOT OF NEGOTIATION.

AND WHAT'S COME ACROSS OUR DESK TODAY WITH THIS PROJECT.

NINE BUILDINGS. THAT'S PRETTY INCREDIBLE. ALONG WITH THE OTHER PROJECTS, IT'S REALLY, REALLY PRETTY AMAZING AND SHOWS THE AMOUNT OF WORK THAT OUR TEAM HAS DONE. AND SO, YOU KNOW, NOT JUST FOR THIS PROJECT, WHICH IS GREAT, BUT FOR EVERYTHING THAT'S COME BEFORE US TODAY AND THE NUMBER OF JOBS, THAT'S NOTHING TO SNEEZE AT. AND WE SHOULD ALL BE REALLY GRATEFUL FOR THE WORK YOU'RE DOING.

SO I LOVE THIS AND GOOD JOB SCOTT. THANK YOU.

THANK YOU, JEFF. COUNCIL MEMBER TODD MAYOR. THIS IS THIS IS NOT A CRITICISM.

AND I WOULD ECHO COUNCIL MEMBER POE'S COMMENTS, BUT I WANT TO MAKE A LITTLE BIT OF AN ANALOGY TO SORT OF WHAT HAPPENED OUT ON 33RD AVENUE WHEN WE CREATED SORT OF THIS HOTEL DISTRICT.

[00:35:01]

OKAY. WHAT WE DID, WE THAT SORT OF HAPPENED ORGANICALLY ON ITS OWN TO A DEGREE, AND WE REALLY DIDN'T HAVE A MASTER PLAN HOW THINGS WERE GOING TO FIT TOGETHER, WHAT TYPE OF INFRASTRUCTURE IS GOING TO GO IN, WHERE THE SIDEWALKS ARE GOING TO CONNECT.

AND SO NOW, SINCE YOU'RE STARTING TO GET A LITTLE BIT A LOT MORE MASS OUT THERE, I THINK, AND I'M GOING TO LOOK AT JENNIFER PRATT OVER HERE, IT'S PROBABLY TIME TO STEP BACK AND SAY, HOW ARE WE GOING TO CONNECT ALL THESE CAMPUSES FOR THE LACK OF A BETTER TERM? HOW ARE WE GOING TO CONNECT THEM ALL TOGETHER SO THAT THEY MAKE SENSE? WHEN YOU KNOW, WHERE ARE YOU GOING TO PUT THE STORES, THE COMMERCIAL PIECE FOR PEOPLE TO EAT LUNCH IF THEY WANT TO WALK AROUND A POND OR BOND POND OR SOMETHING ALONG THOSE LINES. BUT JUST SORT OF MAYBE NOW TIME TO START THINKING ABOUT A LITTLE BIT OF A MASTER PLAN.

THAT'S ALL. MAYOR. EXCELLENT POINTS. ANYONE ELSE? ALL RIGHT. SEEING NO FURTHER QUESTIONS, THIS RESOLUTION HAS BEEN MOVED BY COUNCIL MEMBER POE, SECONDED BY COUNCIL MEMBER OVERLAND. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

ITEM NUMBER 25. PRESENTATION AND RESOLUTION AUTHORIZING CITY FINANCIAL INCENTIVES FOR AN EXPANSION OF THE UNESCOM US,

[25. Presentation and resolution authorizing City financial incentives for an expansion of the Danisco US Inc. plant at 1000 41st Avenue Drive SW under the High-Quality Jobs Economic Development Program (Scott Mather). (Council Priority) CIP/DID #OB161403]

INC. PLANT AT 1000 41ST AVENUE DRIVE, SW UNDER THE HIGH-QUALITY JOBS ECONOMIC DEVELOPMENT PROGRAM.

SCOTT. THANK YOU. SO WE RECEIVED A REQUEST FROM DANISCO US INCORPORATED, A SUBSIDIARY, A SUBSIDIARY OF INTERNATIONAL FLAVORS AND FRAGRANCES, FOR STANDARD CITY FINANCIAL INCENTIVES.

THE PROJECT DOES QUALIFY UNDER THE HIGH-QUALITY JOBS ECONOMIC DEVELOPMENT PROGRAM, CALLS FOR A STANDARD INCENTIVE OF A TEN YEAR DECLINING SCALE, EXEMPTION OF NEW VALUE AND TAXES. THIS IS A $68 MILLION CAPITAL INVESTMENT FOR THE CONSTRUCTION OF A BRAND NEW 47,000 SQUARE FOOT FOOD GRADE MANUFACTURING FACILITY AT THE EXISTING PLANT. AN EXPECTED 40 NEW JOBS WOULD BE CREATED, WHICH ALL WILL BE AT OR ABOVE THE HIGH-QUALITY JOBS THRESHOLD.

CONSTRUCTION IS TO COMMENCE HERE AS EARLY AS MARCH OF 25 AND COMPLETE BY JULY OF 2026.

HERE'S AN AERIAL VIEW OF THE EXISTING PLANT, WITH THE AREA IN RED BEING THE NEW BUILDING.

RIGHT ALONG THE ROAD. AND ANOTHER VIEW AT THE STREET LEVEL.

AS YOU ENTER THE PLANT. IT'LL BE RIGHT AS YOU COME IN.

RIGHT NOW, THAT'S A SORT OF A PARKING LOT. SO STAFF RECOMMENDS APPROVAL OF THE RESOLUTION OF SUPPORT AUTHORIZING THE TEN YEAR DECLINING SCALE. EXEMPTION OF THE INCREASED VALUE.

AN ESTIMATED 2 MILLION IN NEW TAXES WILL BE GENERATED OVER A TEN YEAR PERIOD, OF WHICH 900,000 WOULD BE EXEMPTED.

THAT WILL RETURN IT BACK TO YOU. THANK YOU. THANK YOU, S COTT. COUNCIL, ANY QUESTIONS? COUNCIL MEMBER OVERLAND? YOU KNOW, THERE WASN'T IT WASN'T TOO FAR BACK IN THE FUTURE OR IN THE PAST, WHERE IF WE GOT A $68 MILLION DEVELOPMENT, BRAND NEW BUSINESS COMING TO TOWN, WE'D BE JUMPING UP AND DOWN AND REALLY, REALLY EXCITED. AND I THINK SINCE I'VE BEEN ON COUNCIL, THEY'VE EXPANDED SEVERAL TIMES.

SEEMS TO ME, AND I DON'T KNOW WHAT THAT TOTAL WOULD BE, BUT IT'S JUST AN EXAMPLE OF COMPANY, INTERNATIONAL COMPANY THAT WANTS TO CONTINUE TO EXPAND IN CEDAR RAPIDS AND CREATE THESE EXTREMELY HIGH-QUALITY JOBS THAT MAKE THINGS HUM HERE.

AND I THINK IT'S A CREDIT TO EVERYBODY INVOLVED AND COMMUNICATING WITH THE COMPANY AND ENCOURAGE THEM TO EXPAND HERE IN CEDAR RAPIDS.

THEY COULD PROBABLY GO IN OTHER FACILITIES, AND I THINK IT'S JUST A HUGE WIN FOR OUR COMMUNITY.

SO THANKS FOR ALL YOUR WORK. ANYONE ELSE? ALL RIGHT.

SEEING NO FURTHER QUESTIONS. THE ADOPTION OF THIS RESOLUTION HAS BEEN MOVED BY COUNCILMEMBER OVERLAND, SECONDED BY COUNCIL MEMBER TYLER OLSON. ALL THOSE IN FAVOR SAY AYE. THOSE OPPOSED SAY NO. AND YOU ARE DISMISSED.

THANK YOU. SCOTT. THAT BRINGS US TO THE ORDINANCES NOW.

ORDINANCE NUMBER 26 IS AN ORDINANCE GRANTING A CHANGE OF ZONE FOR PROPERTY AT 6200 26TH STREET SW FROM AGRICULTURE DISTRICT TO GENERAL INDUSTRIAL DISTRICT,

[26. Ordinance granting a change of zone for property at 6200 26th Street SW from A-AG, Agriculture District, to I-GI, General Industrial District, as requested by Corridor Developers. (Council Priority) CIP/DID #RZNE-000783-2024]

AS REQUESTED BY CORRIDOR DEVELOPERS. THE APPROVAL OF THIS ORDINANCE ON ITS READING HAS BEEN MOVED BY COUNCILMEMBER HAGER, SECONDED BY COUNCIL MEMBER MEYER. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU, COUNCIL. COUNCIL MEMBER POE. THANK YOU.

MAYOR. I MOVE THE RULE REQUIRING THREE READINGS ON THREE DIFFERENT DAYS, BE SUSPENDED, AND THE ORDINANCE BE ADOPTED ON ITS THIRD AND FINAL READING.

THE ORDINANCE. THE ADOPTION OF THIS ORDINANCE ON ITS THIRD AND FINAL READING HAS BEEN MOVED BY COUNCIL MEMBER POE. SECONDED BY COUNCIL MEMBER VANORNY.

ALL THOSE IN FAVOR SAY AYE. AYE. THOSE OPPOSED SAY NO.

AND THIS MOTION CARRIES. ITEM NUMBER 27 IS AN ORDINANCE GRANTING A CHANGE OF ZONE TO PROPERTY AT 1201 SUMMIT AVENUE,

[27. Ordinance granting a change of zone for property at 1201 Summit Avenue SW from S-RL1, Suburban Residential Low Single Unit District, to S-RLF-PUD, Suburban Residential Low Flex District with a Planned Unit Development Overlay, as requested by Ginkgo Ridge, LLC and Capital B, LLC. (Council Priority) CIP/DID #RZNE-000812-2024]

SOUTHWEST FROM SUBURBAN RESIDENTIAL LOW SINGLE UNIT DISTRICT TO SUBURBAN RESIDENTIAL LOW FLEX DISTRICT WITH A PLANNED UNIT DEVELOPMENT OVERLAY.

THIS IS REQUESTED BY GINGKO RIDGE LLC AND CAPITAL B, LLC.

[00:40:01]

THE APPROVAL OF THIS ORDINANCE ON ITS SECOND READING HAS BEEN MOVED BY COUNCIL MEMBER TODD, SECONDED BY COUNCIL MEMBER SCOTT OLSON. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU, COUNCIL. COUNCIL MEMBER POE. THANK YOU, MAYOR.

I MOVE THE RULE REQUIRING THREE READINGS ON THREE DIFFERENT DAYS, BE SUSPENDED, AND THE ORDINANCE BE ADOPTED ON ITS THIRD AND FINAL READING.

THE ADOPTION OF THIS ORDINANCE ON HIS THIRD AND FINAL READING HAS BEEN MOVED BY COUNCIL MEMBER POE, SECONDED BY COUNCIL MEMBER OVERLAND. ALL THOSE IN FAVOR SAY AYE.

AYE. THOSE OPPOSED SAY NO. AND THIS MOTION CARRIES.

THANK YOU. ITEM NUMBER 28 IS AN ORDINANCE GRANTING A CHANGE OF ZONE FOR PROPERTY SOUTH OF MCCARRAN AVENUE,

[28. Ordinance granting a change of zone for property south of McCarran Avenue NE and east of Sunny Spring Drive NE from A-AG, Agriculture District, to S-RLF, Suburban Residential Low Flex District, as requested by Midwest Development Company, Nisha and Shanka Chetry, and Nolan and Melissa Determan. (Council Priority) CIP/DID #RZNE-000449-2024]

NORTHEAST AND EAST OF SUNNY SPRING DRIVE. NORTHEAST FROM AGRICULTURE DISTRICT TO SUBURBAN RESIDENTIAL LOW FLEX DISTRICT, AS REQUESTED BY MIDWEST DEVELOPMENT COMPANY. NISHA AND NOLAN AND MELISSA DETERMINE THE APPROVAL OF THIS ORDINANCE ON ITS SECOND READING HAS BEEN MOVED BY COUNCIL MEMBER TYLER OLSON, SECONDED BY COUNCILMEMBER HAGER.

ALL THOSE IN FAVOR SAY AYE. AYE. THOSE OPPOSED SAY NO.

AND THIS MOTION CARRIES. THANK YOU. COUNCIL. COUNCIL MEMBER POE.

THANK YOU, MAYOR. THANK YOU. MAYOR. I MOVE THE RULE REQUIRING THREE READINGS ON THREE DIFFERENT DAYS, BE SUSPENDED, AND THE ORDINANCE BE ADOPTED ON ITS THIRD AND FINAL READING.

THE ADOPTION OF THE ORDINANCE ON ITS THIRD AND FINAL READING HAS BEEN MOVED BY COUNCILMEMBER POE, SECONDED BY COUNCIL MEMBER SCOTT OLSON.

ALL THOSE IN FAVOR SAY AYE. AYE. THOSE OPPOSED SAY NO IN THIS MOTION CARRIES.

AND THAT CLOSES OUT OUR FORMAL BUSINESS TODAY. AND BRINGS US TO OUR FINAL PUBLIC INPUT PERIOD.

[PUBLIC INPUT]

THIS IS A CHANCE FOR CEDAR RAPIDS RESIDENTS, PROPERTY OWNERS, BUSINESS OWNERS TO ADDRESS THE COUNCIL ON ANY SUBJECT PERTAINING TO COUNCIL BUSINESS. AS WITH THE EARLIER PUBLIC COMMENT PERIOD AT THIS TIME, WE ARE HERE AS A COUNCIL TO LISTEN.

I'LL REMIND EVERYBODY TO REMAIN AT THE LECTERN. COMMENTS ARE LIMITED TO FIVE MINUTES AND NO OFFENSIVE, OBSCENE, LOUD, THREATENING OR PERSONAL COMMENTS.

IF YOU SIGN UP TO SPEAK, PLEASE APPROACH THE MICROPHONE WHEN CALLED UPON.

AND THE FIRST PERSON TO SIGN UP IS ERIN SWANDER OF CEDAR RAPIDS, HERE TO SPEAK ON DISC GOLF.