HomeMy WebLinkAboutFY2016 Urban Renewal Area ReportLevy Authority Summary
Local Government Name: IOWA CITYLocal Government Number: 52G483
Active Urban Renewal Areas U.R.#
# of TifTaxing
Districts
IOWA CITY SYCAMORE MALL & FIRST AVENUE URBAN RENEWAL 52020 2
IOWA CITY SCOTT SIX URBAN RENEWAL 52021 2
IOWA CITY NORTHGATE CORP PARK URBAN RENEWAL 52023 4
IOWA CITY CITY UNIV PROJ I URBAN RENEWAL 52024 6
IOWA CITY HEINZ ROAD URBAN RENEWAL 52027 3
IOWA CITY HIGHWAY SIX URBAN RENEWAL 52028 3
IOWA CITY MOSS GREEN URBAN VILLAGE URBAN RENEWAL 52029 1
IOWA CITY TOWNCREST URBAN RENEWAL 52030 1
IOWA CITY RIVERSIDE DRIVE URBAN RENEWAL 52031 1
TIF Debt Outstanding: 54,517,544
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 236,690 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 2,223,697TIF Sp. Revenue Fund Interest: 3,784Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 2,227,481
Rebate Expenditures: 0Non-Rebate Expenditures: 1,987,970Returned to County Treasurer: 0Total Expenditures: 1,987,970
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 476,201 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
Year-End Outstanding TIF
Obligations, Net of TIF Special
Revenue Fund Balance: 52,053,373
Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 1 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY SYCAMORE MALL & FIRST AVENUE URBAN RENEWALUR Area Number: 52020
UR Area Creation Date: 08/2000
UR Area Purpose:
To formulate and execute aworkable program using public andprivate resources to develop theUrban Renewal Project area forretail, office, and other commercialuses.
Tax Districts within this Urban Renewal Area Base
No.
Increment
No.
IncrementValueUsed
IOWA CITY/IOWA CITY SCH/SYCAMORE MALL & FIRST AVE U.R. TIF INCREMENT 52195 52196 10,364,974
IOWA CITY/IOWA CITY SCH/SYCAMORE & 1ST AVE UR 2003 AMEND INCR 52239 52240 2,736,790
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 2,965,150 33,617,384 8,786,990 0 -3,704 45,522,280 0 45,522,280
Taxable 0 1,649,393 30,255,647 7,908,291 0 -3,704 39,944,574 0 39,944,574
Homestead Credits 10
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 236,684 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 397,815
TIF Sp. Revenue Fund Interest: 0
Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 397,815
Rebate Expenditures: 0
Non-Rebate Expenditures: 158,306
Returned to County Treasurer: 0Total Expenditures: 158,306
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 476,193 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 2 of 54
Projects For IOWA CITY SYCAMORE MALL & FIRST AVENUE URBAN
RENEWAL
Lower Muscatine Road Reconstruction
Description:Improve roads around Kirkwood Comm College & Mall
Classification:Roads, Bridges & UtilitiesPhysically Complete:YesPayments Complete:No
Iowa City Marketplace
Description:Economic develpment agreement
Classification:Commercial - retailPhysically Complete:NoPayments Complete:No
Administrative Expenses
Description:Administrative Expenses
Classification:Administrative expensesPhysically Complete:NoPayments Complete:No
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 3 of 54
Debts/Obligations For IOWA CITY SYCAMORE MALL & FIRST AVENUE
URBAN RENEWAL
2012A GO Bonds (Low. Mus. Rd Recon.)
Debt/Obligation Type:Gen. Obligation Bonds/Notes
Principal:453,449Interest:1,077Total:454,526Annual Appropriation?:NoDate Incurred:06/05/2012FY of Last Payment:2022
2013A GO Bonds (Low. Mus. Rd Recon.)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:324,179Interest:14,667Total:338,846Annual Appropriation?:NoDate Incurred:06/18/2013FY of Last Payment:2023
Economic Development Grant
Debt/Obligation Type:Other DebtPrincipal:1,750,000Interest:0Total:1,750,000Annual Appropriation?:NoDate Incurred:11/18/2014FY of Last Payment:2024
FY17 Administrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:287Interest:0Total:287
Annual Appropriation?:No
Date Incurred:11/06/2017
FY of Last Payment:2019
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 4 of 54
Tied To Debt:
Tied To Project:
Tied To Debt:
Tied To Project:
Non-Rebates For IOWA CITY SYCAMORE MALL & FIRST AVENUE
URBAN RENEWAL
TIF Expenditure Amount:91,4772012A GO Bonds (Low. Mus. RdRecon.)Lower Muscatine RoadReconstruction
TIF Expenditure Amount:66,8292013A GO Bonds (Low. Mus. Rd
Recon.)
Lower Muscatine Road
Reconstruction
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 5 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY SYCAMORE MALL & FIRST AVENUE URBAN RENEWAL (52020)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/SYCAMORE MALL & FIRST AVE U.R. TIFINCREMENTTIF Taxing District Inc. Number: 52196
TIF Taxing District Base Year: 2000
FY TIF Revenue First Received: 2004
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2022
UR DesignationSlumNo
Blighted No
Economic Development 08/2000
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 33,136,454 0 0 0 33,292,914 0 33,292,914
Taxable 0 0 29,822,810 0 0 0 29,957,757 0 29,957,757
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 22,927,940 10,364,974 10,364,974 0 0
FY 2017 TIF Revenue Received: 314,587
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)
Urban Renewal Area: IOWA CITY SYCAMORE MALL & FIRST AVENUE URBAN RENEWAL (52020)
TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/SYCAMORE & 1ST AVE UR 2003 AMEND INCR
TIF Taxing District Inc. Number: 52240
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2004
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2022
UR Designation
Slum No
Blighted No
Economic Development 08/2000
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 2,965,150 480,930 8,786,990 0 -3,704 12,229,366 0 12,229,366
Taxable 0 1,649,393 432,837 7,908,291 0 -3,704 9,986,817 0 9,986,817
Homestead Credits 10
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 9,496,280 2,736,790 2,736,790 0 0
FY 2017 TIF Revenue Received: 83,228
Created: Sun Oct 22 09:07:00 CDT 2017
Page 6 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY SCOTT SIX URBAN RENEWALUR Area Number: 52021
UR Area Creation Date: 07/1997
UR Area Purpose:
To grow tax base; encouragedevelopment of start up firms,expansion of existing andattraction of new industries,especially in the are of renewableenergy. Enhance number of sitesavailable for industrialdevelopment.
Tax Districts within this Urban Renewal Area BaseNo.IncrementNo.
IncrementValue
Used
IOWA CITY/IOWA CITY SCH/SCOTT SIX UR TIF INCREMENT 52208 52209 24,587,431
IOWA CITY AG/IOWA CITY SCH/SCOTT SIX UR TIF INCREMENT 52210 52211 15,839
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 58,700 0 39,689,337 6,984,790 0 0 46,732,827 0 46,732,827
Taxable 27,065 0 35,720,404 6,286,311 0 0 42,033,780 0 42,033,780
Homestead Credits 0
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 748,045TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 748,045
Rebate Expenditures: 0
Non-Rebate Expenditures: 748,045
Returned to County Treasurer: 0
Total Expenditures: 748,045
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 7 of 54
Projects For IOWA CITY SCOTT SIX URBAN RENEWAL
Construct rail sidings and spur
Description:Provide rail access to development sites in the URA
Classification:Roads, Bridges & Utilities
Physically Complete:Yes
Payments Complete:No
Construct rail crossings
Description:Provide rail crossings within industrial park
Classification:Roads, Bridges & Utilities
Physically Complete:Yes
Payments Complete:No
Administrative Expenses
Description:Administrative expenses
Classification:Administrative expenses
Physically Complete:No
Payments Complete:No
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 8 of 54
Debts/Obligations For IOWA CITY SCOTT SIX URBAN RENEWAL
Rail Sidings & Spur. (Peterson Contractors)
Debt/Obligation Type:Internal Loans
Principal:1,373,423
Interest:0
Total:1,373,423
Annual Appropriation?:No
Date Incurred:05/01/2012
FY of Last Payment:2020
Rail Crossings (Iowa Interstate Railroad)
Debt/Obligation Type:Internal Loans
Principal:309,929
Interest:0
Total:309,929Annual Appropriation?:NoDate Incurred:09/06/2011FY of Last Payment:2020
FY15 Adminstrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:79Interest:0Total:79Annual Appropriation?:NoDate Incurred:11/10/2015FY of Last Payment:2017
FY14 Adminstrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:4,386Interest:0Total:4,386Annual Appropriation?:NoDate Incurred:11/18/2014FY of Last Payment:2016
FY16 Aministrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:7,777Interest:0Total:7,777Annual Appropriation?:NoDate Incurred:11/01/2016FY of Last Payment:2018
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 9 of 54
FY17 Aministrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:18,938Interest:0Total:18,938
Annual Appropriation?:No
Date Incurred:11/06/2017
FY of Last Payment:2019
Created: Sun Oct 22 09:07:00 CDT 2017
Page 10 of 54
Tied To Debt:Tied To Project:
Tied To Debt:Tied To Project:
Tied To Debt:
Tied To Project:
Tied To Debt:
Tied To Project:
Non-Rebates For IOWA CITY SCOTT SIX URBAN RENEWAL
TIF Expenditure Amount:4,386
FY14 Adminstrative ExpensesAdministrative Expenses
TIF Expenditure Amount:79FY15 Adminstrative ExpensesAdministrative Expenses
TIF Expenditure Amount:309,929Rail Crossings (Iowa InterstateRailroad)Construct rail crossings
TIF Expenditure Amount:433,651
Rail Sidings & Spur. (Peterson
Contractors)
Construct rail sidings and spur
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 11 of 54
256 Characters Left
Sum of Private Investment Made Within This Urban Renewal Area
during FY 2017
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 12 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY SCOTT SIX URBAN RENEWAL (52021)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/SCOTT SIX UR TIF INCREMENTTIF Taxing District Inc. Number: 52209
TIF Taxing District Base Year: 2001
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2023
UR DesignationSlumNo
Blighted No
Economic Development 07/1997
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 39,689,337 6,984,790 0 0 46,674,127 0 46,674,127
Taxable 0 0 35,720,404 6,286,311 0 0 42,006,715 0 42,006,715
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 2,320,877 42,006,715 24,587,431 17,419,284 529,740
FY 2017 TIF Revenue Received: 747,732
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)
Urban Renewal Area: IOWA CITY SCOTT SIX URBAN RENEWAL (52021)
TIF Taxing District Name: IOWA CITY AG/IOWA CITY SCH/SCOTT SIX UR TIF INCREMENT
TIF Taxing District Inc. Number: 52211
TIF Taxing District Base Year: 2001
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2023
UR Designation
Slum No
Blighted No
Economic Development 07/1997
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 58,700 0 0 0 0 0 58,700 0 58,700
Taxable 27,065 0 0 0 0 0 27,065 0 27,065
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 21,139 27,065 15,839 11,226 232
FY 2017 TIF Revenue Received: 313
Created: Sun Oct 22 09:07:00 CDT 2017
Page 13 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY NORTHGATE CORP PARK URBAN RENEWALUR Area Number: 52023
UR Area Creation Date: 04/1999
UR Area Purpose:
To facilitate an urban renewalprogram using private and publicresources to develop the area foroffice, research, production and/orassembly uses. To increase taxbase; attract new and expansion ofexisting firms in area; provide newdevelopment sites.
Tax Districts within this Urban Renewal Area BaseNo.IncrementNo.
IncrementValue
Used
IOWA CITY/IOWA CITY SCH/NORTHGATE CORP PARK UR INCR 52230 52231 0
IOWA CITY AG/IOWA CITY SCH/NORTHGATE UR TIF INCR 52325 52326 0
IOWA CITY/IOWA CITY SCH/NORTHGATE CORP PK 2005 AMEND INCR 52345 52346 0
IOWA CITY AG/IOWA CITY SCH/NORTHGATE CORP PK 2005 AMEND INCR 52347 52348 0
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 138,340 131,030 37,590,460 0 0 0 37,859,830 0 37,859,830
Taxable 63,784 72,887 33,831,414 0 0 0 33,968,085 0 33,968,085
Homestead Credits 0
TIF Sp. Rev. Fund Cash Balance
as of 07-01-2016: 0 0
Amount of 07-01-2016 Cash Balance
Restricted for LMI
TIF Revenue: 0TIF Sp. Revenue Fund Interest: 0
Property Tax Replacement Claims 0
Asset Sales & Loan Repayments: 0Total Revenue: 0
Rebate Expenditures: 0Non-Rebate Expenditures: 0Returned to County Treasurer: 0Total Expenditures: 0
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 14 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY NORTHGATE CORP PARK URBAN RENEWAL (52023)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/NORTHGATE CORP PARK UR INCRTIF Taxing District Inc. Number: 52231
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2023
UR DesignationSlumNo
Blighted No
Economic Development 04/1999
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 37,590,460 0 0 0 37,590,460 0 37,590,460
Taxable 0 0 33,831,414 0 0 0 33,831,414 0 33,831,414
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 6,728,364 30,862,096 0 30,862,096 938,552
FY 2017 TIF Revenue Received: 0
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)
Urban Renewal Area: IOWA CITY NORTHGATE CORP PARK URBAN RENEWAL (52023)
TIF Taxing District Name: IOWA CITY AG/IOWA CITY SCH/NORTHGATE UR TIF INCR
TIF Taxing District Inc. Number: 52326
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2023
UR Designation
Slum No
Blighted No
Economic Development 04/1999
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 9,830 0 0 0 0 0 9,830 0 9,830
Taxable 4,532 0 0 0 0 0 4,532 0 4,532
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 14,807 0 0 0 0
FY 2017 TIF Revenue Received: 0
Created: Sun Oct 22 09:07:00 CDT 2017
Page 15 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY NORTHGATE CORP PARK URBAN RENEWAL (52023)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/NORTHGATE CORP PK 2005 AMEND INCRTIF Taxing District Inc. Number: 52346
TIF Taxing District Base Year: 2004
FY TIF Revenue First Received:
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 131,030 0 0 0 0 131,030 0 131,030
Taxable 0 72,887 0 0 0 0 72,887 0 72,887
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 180,959 0 0 0 0
FY 2017 TIF Revenue Received: 0
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY NORTHGATE CORP PARK URBAN RENEWAL (52023)TIF Taxing District Name: IOWA CITY AG/IOWA CITY SCH/NORTHGATE CORP PK 2005 AMEND INCRTIF Taxing District Inc. Number: 52348
TIF Taxing District Base Year: 2004
FY TIF Revenue First Received:
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 128,510 0 0 0 0 0 128,510 0 128,510
Taxable 59,252 0 0 0 0 0 59,252 0 59,252
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 63,129 59,252 0 59,252 1,224
FY 2017 TIF Revenue Received: 0
Created: Sun Oct 22 09:07:00 CDT 2017
Page 16 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWALUR Area Number: 52024
UR Area Creation Date: 10/1969
UR Area Purpose:
Create a more livable, walkablecommunity, remediate blight,establish attractive designstandards for new and rehabilitatedbuildings, increase office andresidential space by promotingmixed use building, and developmulti-modal transportationnetwork.
Tax Districts within this Urban Renewal Area BaseNo.IncrementNo.
IncrementValue
Used
IOWA CITY/IOWA CITY SCH/CITY UNIV PROJ I UR AREA INCR 52234 52235 7,875,169
IOWA CITY/IOWA CITY SCH/CITY UNIV UR INCR- IC DOWNTOWN SSMID 52352 52353 5,386,087
IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMEND INCR 52354 52355 5,890,913
IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD-SSMID INCR 52356 52357 3,056,602
IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD 10 INCR 52366 52367 2,810,527
IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD 10-SSMID INCR 52382 52383 341,243
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 146,765,350 214,611,810 0 0 -11,112 440,336,325 0 440,336,325
Taxable 0 81,639,553 193,150,635 0 0 -11,112 342,890,955 0 342,890,955
Homestead Credits 31
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 785,717TIF Sp. Revenue Fund Interest: 3,784Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 789,501
Rebate Expenditures: 0
Non-Rebate Expenditures: 789,501Returned to County Treasurer: 0Total Expenditures: 789,501
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 17 of 54
Projects For IOWA CITY CITY UNIV PROJ I URBAN RENEWAL
Park @ 201
Description:High rise residential, office, retail
Classification:
Mixed use property (ie: a significant portion is residential
and significant portion is commercial)
Physically Complete:Yes
Payments Complete:No
Hieronymous Square
Description:Hieronymous Square; future development
Classification:
Mixed use property (ie: a significant portion is residential
and significant portion is commercial)
Physically Complete:No
Payments Complete:No
The Chauncey
Description:Infill project at SE corner of College & Gilberts Streets
Classification:
Mixed use property (ie: a significant portion is residential
and significant portion is commercial)
Physically Complete:No
Payments Complete:No
Riverside/Hwy 6
Description:
Redevelopment of Old Public Works site; future
development
Classification:Commercial - retail
Physically Complete:NoPayments Complete:No
CBD streetscape renovation
Description:improvements to downtown business district
Classification:
Recreational facilities (lake development, parks, ball fields,
trails)Physically Complete:NoPayments Complete:No
Central Business District Projects
Description:Improvements to central business district
Classification:Mixed use property (ie: a significant portion is residentialand significant portion is commercial)Physically Complete:NoPayments Complete:No
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 18 of 54
Harrison Street Condos
Description:
Condo project lining new parking includes 3 units
affordable
Classification:Residential property (classified residential)Physically Complete:YesPayments Complete:No
Hilton Garden Inn
Description:High rise hotel on Clinton St.
Classification:Commercial - hotels and conference centersPhysically Complete:NoPayments Complete:No
Administration Expense
Description:Administration Expense
Classification:Administrative expensesPhysically Complete:NoPayments Complete:No
Augusta Place
Description:Private Redevelopment of portion of City Hall block
Classification:Mixed use property (ie: a significant portion is residentialand significant portion is commercial)Physically Complete:NoPayments Complete:No
Englert Theater
Description:Capital improvementsClassification:Commercial - retailPhysically Complete:NoPayments Complete:No
Created: Sun Oct 22 09:07:00 CDT 2017
Page 19 of 54
Debts/Obligations For IOWA CITY CITY UNIV PROJ I URBAN RENEWAL
2012D TIF Revenue Bonds
Debt/Obligation Type:TIF Revenue Bonds/Notes
Principal:2,328,283
Interest:140,218
Total:2,468,501
Annual Appropriation?:No
Date Incurred:11/13/2012
FY of Last Payment:2032
2013A GO Bonds (CBD)
Debt/Obligation Type:Gen. Obligation Bonds/Notes
Principal:272,854
Interest:23,880
Total:296,734Annual Appropriation?:NoDate Incurred:06/18/2013FY of Last Payment:2023
2014A GO Bonds (CBD)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:875,946Interest:32,985Total:908,931Annual Appropriation?:NoDate Incurred:05/06/2014FY of Last Payment:2024
2015A GO Bonds (CBD)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:350,000Interest:40,432Total:390,432Annual Appropriation?:NoDate Incurred:05/05/2015FY of Last Payment:2025
2015A GO Bonds (Riverfront Crossing)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:200,000Interest:23,104Total:223,104Annual Appropriation?:NoDate Incurred:05/05/2015FY of Last Payment:2025
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 20 of 54
Iowa City Hotel Associates
Debt/Obligation Type:RebatesPrincipal:8,800,000Interest:0Total:8,800,000
Annual Appropriation?:No
Date Incurred:03/23/2015
FY of Last Payment:2040
Administrative Expenses FY15
Debt/Obligation Type:Internal Loans
Principal:12,500
Interest:0
Total:12,500
Annual Appropriation?:No
Date Incurred:11/10/2015
FY of Last Payment:2017
A&M Development II, LLC
Debt/Obligation Type:Rebates
Principal:976,277
Interest:0
Total:976,277
Annual Appropriation?:NoDate Incurred:01/20/2015FY of Last Payment:2032
Administrative Expenses FY14
Debt/Obligation Type:Internal Loans
Principal:682Interest:0Total:682Annual Appropriation?:NoDate Incurred:11/18/2014FY of Last Payment:2016
Administrative Expenses FY16
Debt/Obligation Type:Internal LoansPrincipal:12,103Interest:0Total:12,103Annual Appropriation?:NoDate Incurred:11/01/2016FY of Last Payment:2018
2016E TIF Revenue Notes
Debt/Obligation Type:TIF Revenue Bonds/Notes
Created: Sun Oct 22 09:07:00 CDT 2017
Page 21 of 54
Principal:12,805,000Interest:3,969,193Total:16,774,193Annual Appropriation?:NoDate Incurred:08/16/2016FY of Last Payment:2036
Administrative Expenses FY17
Debt/Obligation Type:Internal LoansPrincipal:2,641Interest:0Total:2,641Annual Appropriation?:NoDate Incurred:11/06/2017FY of Last Payment:2019
Chauncey Building Utility Relocation
Debt/Obligation Type:Internal LoansPrincipal:24,771Interest:0Total:24,771Annual Appropriation?:No
Date Incurred:11/06/2017
FY of Last Payment:2019
Augusta Place, LLC
Debt/Obligation Type:RebatesPrincipal:4,020,292
Interest:0
Total:4,020,292
Annual Appropriation?:No
Date Incurred:05/20/2017
FY of Last Payment:2029
Hieronymi Partnership, LLC
Debt/Obligation Type:Rebates
Principal:8,000,000
Interest:0
Total:8,000,000
Annual Appropriation?:No
Date Incurred:09/19/2017FY of Last Payment:2036
Created: Sun Oct 22 09:07:00 CDT 2017
Page 22 of 54
Tied To Debt:Tied To Project:
Tied To Debt:Tied To Project:
Tied To Debt:Tied To Project:
Tied To Debt:
Tied To Project:
Tied To Debt:
Tied To Project:
Non-Rebates For IOWA CITY CITY UNIV PROJ I URBAN RENEWAL
TIF Expenditure Amount:498,489
2012D TIF Revenue BondsPark @ 201
TIF Expenditure Amount:131,0602014A GO Bonds (CBD)CBD streetscape renovation
TIF Expenditure Amount:41,5512013A GO Bonds (CBD)CBD streetscape renovation
TIF Expenditure Amount:76,6942015A GO Bonds (CBD)
CBD streetscape renovation
TIF Expenditure Amount:41,707
2015A GO Bonds (Riverfront
Crossing)
Riverside/Hwy 6
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 23 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV PROJ I UR AREA INCRTIF Taxing District Inc. Number: 52235
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted 10/1969
Economic Development 11/2001
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 55,461,490 6,495,557 0 0 -5,556 77,791,044 0 77,791,044
Taxable 0 30,850,966 5,846,001 0 0 -5,556 50,353,026 0 50,353,026
Homestead Credits 15
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 14,155,795 50,353,026 7,875,169 42,477,857 1,291,800
FY 2017 TIF Revenue Received: 239,258
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV UR INCR- IC DOWNTOWN SSMIDTIF Taxing District Inc. Number: 52353
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2014
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 88,066,603 0 0 0 94,437,040 0 94,437,040
Taxable 0 0 79,259,943 0 0 0 84,754,446 0 84,754,446
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 56,323,885 38,113,155 5,386,087 32,727,068 1,054,013
FY 2017 TIF Revenue Received: 173,824
Created: Sun Oct 22 09:07:00 CDT 2017
Page 24 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMEND INCRTIF Taxing District Inc. Number: 52355
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2014
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 56,028,060 10,042,535 0 0 0 66,070,595 0 66,070,595
Taxable 0 31,166,115 9,038,281 0 0 0 40,204,396 0 40,204,396
Homestead Credits 3
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 13,768,996 40,204,396 5,890,913 34,313,483 1,043,512
FY 2017 TIF Revenue Received: 177,971
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD-SSMID INCRTIF Taxing District Inc. Number: 52357
TIF Taxing District Base Year: 2002
FY TIF Revenue First Received: 2014
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 56,246,765 0 0 0 64,980,952 0 64,980,952
Taxable 0 0 50,622,092 0 0 0 58,155,332 0 58,155,332
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 43,616,084 21,364,868 3,056,602 18,308,266 589,639
FY 2017 TIF Revenue Received: 98,177
Created: Sun Oct 22 09:07:00 CDT 2017
Page 25 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD 10 INCRTIF Taxing District Inc. Number: 52367
TIF Taxing District Base Year: 2011
FY TIF Revenue First Received: 2014
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 35,275,800 53,760,350 0 0 -5,556 135,091,064 0 135,091,064
Taxable 0 19,622,472 48,384,318 0 0 -5,556 107,728,399 0 107,728,399
Homestead Credits 13
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 115,451,970 19,644,650 2,810,527 16,834,123 511,945
FY 2017 TIF Revenue Received: 85,367
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY CITY UNIV PROJ I URBAN RENEWAL (52024)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/CITY UNIV TIF AMD 10-SSMID INCRTIF Taxing District Inc. Number: 52383
TIF Taxing District Base Year: 2011
FY TIF Revenue First Received:
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 0 0 0 0 1,965,630 0 1,965,630
Taxable 0 0 0 0 0 0 1,695,356 0 1,695,356
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 1,619,510 346,120 341,243 4,877 157
FY 2017 TIF Revenue Received: 11,120
Created: Sun Oct 22 09:07:00 CDT 2017
Page 26 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HEINZ ROAD URBAN RENEWALUR Area Number: 52027
UR Area Creation Date: 05/2001
UR Area Purpose:
To formulate a workable programusing public and private resourcesto further develop the area forindustrial development. To buildtax base; attract new firms andassist existing firms withexpansion; make siteimprovements deemed necessaryfor industry.
Tax Districts within this Urban Renewal Area BaseNo.IncrementNo.
IncrementValue
Used
IOWA CITY/IOWA CITY SCH/HEINZ RD UR TIF INCR 52249 52250 0
IOWA CITY AG/IOWA CITY SCH/HEINZ RD UR TIF INCR 52251 52252 0
IOWA CITY/IOWA CITY SCH/HEINZ RD UR-ALPLA 2 TIF INCR 52321 52322 0
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 35,830 0 43,592,009 21,250,120 0 0 64,877,959 0 64,877,959
Taxable 16,520 0 39,232,808 19,125,108 0 0 58,374,436 0 58,374,436
Homestead Credits 0
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 6 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 2
TIF Sp. Revenue Fund Interest: 0
Property Tax Replacement Claims 0
Asset Sales & Loan Repayments: 0Total Revenue: 2
Rebate Expenditures: 0
Non-Rebate Expenditures: 0
Returned to County Treasurer: 0Total Expenditures: 0
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 8 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 27 of 54
Projects For IOWA CITY HEINZ ROAD URBAN RENEWAL
Alpla Project #3
Description:TIF rebates, 4 year, $170K max
Classification:Industrial/manufacturing property
Physically Complete:Yes
Payments Complete:No
Administrative Expenses
Description:Administrative Expenses
Classification:Administrative expenses
Physically Complete:Yes
Payments Complete:Yes
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 28 of 54
Debts/Obligations For IOWA CITY HEINZ ROAD URBAN RENEWAL
Apla #3 Rebates
Debt/Obligation Type:Rebates
Principal:170,000
Interest:0
Total:170,000
Annual Appropriation?:No
Date Incurred:01/21/2014
FY of Last Payment:2018
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 29 of 54
Rebate Paid To:
Tied To Debt:
Tied To Project:
Projected Final FY of Rebate:
Rebates For IOWA CITY HEINZ ROAD URBAN RENEWAL
ALPLA
TIF Expenditure Amount:0
ALPLA
Apla #3 Rebates
Alpla Project #3
2014
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 30 of 54
Jobs For IOWA CITY HEINZ ROAD URBAN RENEWAL
Project:Alpla Project #3
Company Name:AlplaDate Agreement Began:06/01/2016Date Agreement Ends:06/01/2019Number of Jobs Created or Retained:262Total Annual Wages of Required Jobs:9,585,326Total Estimated Private Capital Investment:12,200,000Total Estimated Cost of Public Infrastructure:0
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 31 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HEINZ ROAD URBAN RENEWAL (52027)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/HEINZ RD UR TIF INCRTIF Taxing District Inc. Number: 52250
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2007
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR DesignationSlumNo
Blighted No
Economic Development 05/2002
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 43,592,009 12,250,120 0 0 55,842,129 0 55,842,129
Taxable 0 0 39,232,808 11,025,108 0 0 50,257,916 0 50,257,916
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 35,028,337 20,813,792 0 20,813,792 632,971
FY 2017 TIF Revenue Received: 2
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)
Urban Renewal Area: IOWA CITY HEINZ ROAD URBAN RENEWAL (52027)
TIF Taxing District Name: IOWA CITY AG/IOWA CITY SCH/HEINZ RD UR TIF INCR
TIF Taxing District Inc. Number: 52252
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2006
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR Designation
Slum No
Blighted No
Economic Development 05/2002
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 35,830 0 0 0 0 0 35,830 0 35,830
Taxable 16,520 0 0 0 0 0 16,520 0 16,520
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 7,358 16,520 0 16,520 341
FY 2017 TIF Revenue Received: 0
Created: Sun Oct 22 09:07:00 CDT 2017
Page 32 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HEINZ ROAD URBAN RENEWAL (52027)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/HEINZ RD UR-ALPLA 2 TIF INCRTIF Taxing District Inc. Number: 52322
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2011
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR DesignationSlumNo
Blighted No
Economic Development 05/2002
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 0 9,000,000 0 0 9,000,000 0 9,000,000
Taxable 0 0 0 8,100,000 0 0 8,100,000 0 8,100,000
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 9,142,680 0 0 0 0
FY 2017 TIF Revenue Received: 0
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 33 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HIGHWAY SIX URBAN RENEWALUR Area Number: 52028
UR Area Creation Date: 05/2003
UR Area Purpose:
To formulate and execute aprogram using public and privateresources to develop the area forretail, office, and other commercialuses. To revitalize commercialactivity, expand taxable values,and make public improvementssupporting commercial activity.
Tax Districts within this Urban Renewal Area BaseNo.IncrementNo.
IncrementValue
Used
IOWA CITY/IOWA CITY SCH/IC HWY 6 COMMERCIAL UR TIF INCR 52255 52256 0
IOWA CITY/IOWA CITY SCH/IC HWY 6 COMM SOUTHGATE INCREMENT 52279 52280 0
IOWA CITY AG/IOWA CITY SCH/HWY 6 COMM UR TIF INCR 52317 52318 0
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 17,780 877,580 65,521,795 0 0 0 66,417,155 0 66,417,155
Taxable 8,197 488,162 58,969,614 0 0 0 59,465,973 0 59,465,973
Homestead Credits 1
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 0
TIF Sp. Revenue Fund Interest: 0
Property Tax Replacement Claims 0
Asset Sales & Loan Repayments: 0
Total Revenue: 0
Rebate Expenditures: 0Non-Rebate Expenditures: 0
Returned to County Treasurer: 0Total Expenditures: 0
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 34 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HIGHWAY SIX URBAN RENEWAL (52028)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/IC HWY 6 COMMERCIAL UR TIF INCRTIF Taxing District Inc. Number: 52256
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR DesignationSlumNo
Blighted No
Economic Development 05/2003
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 877,580 52,406,585 0 0 0 53,284,165 0 53,284,165
Taxable 0 488,162 47,165,925 0 0 0 47,654,087 0 47,654,087
Homestead Credits 1
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 49,262,070 4,022,095 0 4,022,095 122,316
FY 2017 TIF Revenue Received: 0
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)
Urban Renewal Area: IOWA CITY HIGHWAY SIX URBAN RENEWAL (52028)
TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/IC HWY 6 COMM SOUTHGATE INCREMENT
TIF Taxing District Inc. Number: 52280
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR Designation
Slum No
Blighted No
Economic Development 05/2003
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 13,115,210 0 0 0 13,115,210 0 13,115,210
Taxable 0 0 11,803,689 0 0 0 11,803,689 0 11,803,689
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 8,822,255 4,292,955 0 4,292,955 130,554
FY 2017 TIF Revenue Received: 0
Created: Sun Oct 22 09:07:00 CDT 2017
Page 35 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY HIGHWAY SIX URBAN RENEWAL (52028)TIF Taxing District Name: IOWA CITY AG/IOWA CITY SCH/HWY 6 COMM UR TIF INCRTIF Taxing District Inc. Number: 52318
TIF Taxing District Base Year: 2003
FY TIF Revenue First Received: 2005
Subject to a Statutory end date? Yes
Fiscal year this TIF Taxing District
statutorily ends: 2025
UR DesignationSlumNo
Blighted No
Economic Development 05/2003
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 17,780 0 0 0 0 0 17,780 0 17,780
Taxable 8,197 0 0 0 0 0 8,197 0 8,197
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 216,656 0 0 0 0
FY 2017 TIF Revenue Received: 0
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 36 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY MOSS GREEN URBAN VILLAGE URBAN RENEWALUR Area Number: 52029
UR Area Creation Date: 04/2010
UR Area Purpose:
To formulate and execute aworkable program using public andprivate resources to develop theUrban Renewal Project area foroffice and other commercial uses.
Tax Districts within this Urban Renewal Area Base
No.
Increment
No.
IncrementValueUsed
IOWA CITY/IOWA CITY SCH/MOSS GREEN URB VILLTIF INCR 52358 52359 0
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 0 0 0 0 0 0 0
Taxable 0 0 0 0 0 0 0 0 0
Homestead Credits 0
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 0TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 0
Rebate Expenditures: 0
Non-Rebate Expenditures: 0
Returned to County Treasurer: 0
Total Expenditures: 0
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 37 of 54
Projects For IOWA CITY MOSS GREEN URBAN VILLAGE URBAN
RENEWAL
Moss Road Project
Description:Moss Road extension
Classification:Roads, Bridges & UtilitiesPhysically Complete:YesPayments Complete:No
Administrative Expenses
Description:Administrative Expenses
Classification:Administrative expensesPhysically Complete:NoPayments Complete:No
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 38 of 54
Debts/Obligations For IOWA CITY MOSS GREEN URBAN VILLAGE
URBAN RENEWAL
Moss Road Portion of 2014A
Debt/Obligation Type:Gen. Obligation Bonds/Notes
Principal:1,890,000Interest:0Total:1,890,000Annual Appropriation?:NoDate Incurred:05/06/2014FY of Last Payment:2024
FY14 Administrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:167Interest:0Total:167Annual Appropriation?:NoDate Incurred:07/31/2013FY of Last Payment:2019
FY16 Administrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:2,644Interest:0Total:2,644Annual Appropriation?:NoDate Incurred:11/01/2016FY of Last Payment:2019
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 39 of 54
256 Characters Left
Sum of Private Investment Made Within This Urban Renewal Area
during FY 2017
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 40 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY MOSS GREEN URBAN VILLAGE URBAN RENEWAL (52029)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/MOSS GREEN URB VILLTIF INCRTIF Taxing District Inc. Number: 52359
TIF Taxing District Base Year: 2012
FY TIF Revenue First Received:
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 0 0 0 0 0 0 0
Taxable 0 0 0 0 0 0 0 0 0
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 0 0 0 0 0
FY 2017 TIF Revenue Received: 0
♣ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 41 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY TOWNCREST URBAN RENEWALUR Area Number: 52030
UR Area Creation Date: 12/2010
UR Area Purpose:
To formulate and execute aworkable program using public andprivate resources to develop theUrban Renewal Project area forretail, office, and other commercialuses.
Tax Districts within this Urban Renewal Area Base
No.
Increment
No.
IncrementValueUsed
IOWA CITY/IOWA CITY SCH/TOWNCREST TIF INCR 52360 52361 4,869,815
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 5,058,670 28,762,526 0 0 -1,852 37,417,974 0 37,417,974
Taxable 0 2,813,936 25,886,274 0 0 -1,852 31,802,178 0 31,802,178
Homestead Credits 4
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 148,097TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 148,097
Rebate Expenditures: 0
Non-Rebate Expenditures: 148,097
Returned to County Treasurer: 0Total Expenditures: 148,097
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 42 of 54
Projects For IOWA CITY TOWNCREST URBAN RENEWAL
William Street Streetscape
Description:Public Improvement coinciding with Med Office Bldg.
Classification:Roads, Bridges & Utilities
Physically Complete:Yes
Payments Complete:No
MDK Development Med Office Bldg
Description:Medical Office Building
Classification:Commercial - office properties
Physically Complete:Yes
Payments Complete:No
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 43 of 54
Debts/Obligations For IOWA CITY TOWNCREST URBAN RENEWAL
2011B GO Bonds (Towncrest Redev.)
Debt/Obligation Type:Gen. Obligation Bonds/Notes
Principal:351,635
Interest:5,173
Total:356,808
Annual Appropriation?:No
Date Incurred:05/03/2011
FY of Last Payment:2020
2013A GO Bonds (Williams St. Recon.)
Debt/Obligation Type:Gen. Obligation Bonds/Notes
Principal:459,230
Interest:40,626
Total:499,856Annual Appropriation?:NoDate Incurred:06/18/2013FY of Last Payment:2023
MDK Forgivable Loan
Debt/Obligation Type:Internal LoansPrincipal:625,000Interest:225,794Total:850,794Annual Appropriation?:NoDate Incurred:06/19/2012FY of Last Payment:2035
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 44 of 54
Tied To Debt:
Tied To Project:
Non-Rebates For IOWA CITY TOWNCREST URBAN RENEWAL
TIF Expenditure Amount:148,097
2011B GO Bonds (TowncrestRedev.)William Street Streetscape
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 45 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY TOWNCREST URBAN RENEWAL (52030)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/TOWNCREST TIF INCRTIF Taxing District Inc. Number: 52361
TIF Taxing District Base Year: 2011
FY TIF Revenue First Received: 2014
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 5,058,670 28,762,526 0 0 -1,852 37,417,974 0 37,417,974
Taxable 0 2,813,936 25,886,274 0 0 -1,852 31,802,178 0 31,802,178
Homestead Credits 4
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 32,550,010 4,869,816 4,869,815 1 0
FY 2017 TIF Revenue Received: 148,097
♦ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 46 of 54
Urban Renewal Area Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY RIVERSIDE DRIVE URBAN RENEWALUR Area Number: 52031
UR Area Creation Date: 10/2011
UR Area Purpose:
To formulate and execute aworkable program using public andprivate resources to develop theUrban Renewal Project area forretail, office and other commercialuses.
Tax Districts within this Urban Renewal Area Base
No.
Increment
No.
IncrementValueUsed
IOWA CITY/IOWA CITY SCH/RIVERSIDE DR TIF INCR 52362 52363 4,731,287
Urban Renewal Area Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 30,578,483 0 0 0 30,578,483 0 30,578,483
Taxable 0 0 27,520,635 0 0 0 27,520,635 0 27,520,635
Homestead Credits 0
TIF Sp. Rev. Fund Cash Balanceas of 07-01-2016: 0 0 Amount of 07-01-2016 Cash BalanceRestricted for LMI
TIF Revenue: 144,021TIF Sp. Revenue Fund Interest: 0Property Tax Replacement Claims 0Asset Sales & Loan Repayments: 0Total Revenue: 144,021
Rebate Expenditures: 0
Non-Rebate Expenditures: 144,021
Returned to County Treasurer: 0Total Expenditures: 144,021
TIF Sp. Rev. Fund Cash Balanceas of 06-30-2017: 0 0 Amount of 06-30-2017 Cash BalanceRestricted for LMI
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 47 of 54
Projects For IOWA CITY RIVERSIDE DRIVE URBAN RENEWAL
Administrative Expenses
Description:legal, consulting, recording, & publications
Classification:Administrative expenses
Physically Complete:No
Payments Complete:No
Riverside Dr Pedestrian Tunnel
Description:pedestrian tunnel
Classification:
Recreational facilities (lake development, parks, ball fields,
trails)
Physically Complete:No
Payments Complete:No
Riverside West Apartments
Description:639 S. Riverside redevelop former car lot
Classification:Residential property (classified residential)
Physically Complete:Yes
Payments Complete:No
Riverside Dr Streetscape
Description:Streetscape
Classification:
Recreational facilities (lake development, parks, ball fields,
trails)
Physically Complete:No
Payments Complete:No
Myrtle/Riverside Intersection
Description:Signalization of intersection
Classification:Roads, Bridges & Utilities
Physically Complete:No
Payments Complete:No
Iowa River Trail
Description:From Benton to Sturgis
Classification:
Recreational facilities (lake development, parks, ball fields,
trails)
Physically Complete:No
Payments Complete:No
West Riverbank Stabilization
Description:riverbank stabilization
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 48 of 54
Classification:Recreational facilities (lake development, parks, ball fields,trails)Physically Complete:NoPayments Complete:No
Created: Sun Oct 22 09:07:00 CDT 2017
Page 49 of 54
Debts/Obligations For IOWA CITY RIVERSIDE DRIVE URBAN
RENEWAL
FY15 Administrative Expenses
Debt/Obligation Type:Internal Loans
Principal:1,381Interest:0Total:1,381Annual Appropriation?:NoDate Incurred:11/10/2015FY of Last Payment:2017
Emrico Properties, LLC
Debt/Obligation Type:RebatesPrincipal:1,809,875Interest:0Total:1,809,875Annual Appropriation?:NoDate Incurred:12/02/2014FY of Last Payment:2024
2015A GO Bonds (Riverside Pedestrian)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:100,000Interest:11,552Total:111,552Annual Appropriation?:NoDate Incurred:06/02/2015FY of Last Payment:2025
Snyder and Associates Inc (Streetscape)
Debt/Obligation Type:Internal LoansPrincipal:31,324Interest:0Total:31,324
Annual Appropriation?:No
Date Incurred:11/10/2015
FY of Last Payment:2017
FY16 Administrative Expenses
Debt/Obligation Type:Internal Loans
Principal:343
Interest:0
Total:343
Annual Appropriation?:No
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 50 of 54
Date Incurred:11/01/2016FY of Last Payment:2018
Snyder and Associates Inc (Survey)
Debt/Obligation Type:Internal LoansPrincipal:7,500Interest:0Total:7,500Annual Appropriation?:NoDate Incurred:11/01/2016FY of Last Payment:2018
FY17 Administrative Expenses
Debt/Obligation Type:Internal LoansPrincipal:2,391Interest:0Total:2,391Annual Appropriation?:NoDate Incurred:11/01/2017FY of Last Payment:2019
2017A GO Bonds (Riverside Pedestrian Tunnel)
Debt/Obligation Type:Gen. Obligation Bonds/NotesPrincipal:1,434,000Interest:179,557Total:1,613,557Annual Appropriation?:NoDate Incurred:06/15/2017
FY of Last Payment:2027
Created: Sun Oct 22 09:07:00 CDT 2017
Page 51 of 54
Tied To Debt:Tied To Project:
Tied To Debt:
Tied To Project:
Tied To Debt:
Tied To Project:
Non-Rebates For IOWA CITY RIVERSIDE DRIVE URBAN RENEWAL
TIF Expenditure Amount:1,145
FY15 Administrative ExpensesAdministrative Expenses
TIF Expenditure Amount:31,324Snyder and Associates Inc(Streetscape)Riverside Dr Streetscape
TIF Expenditure Amount:111,5522015A GO Bonds (RiversidePedestrian)Riverside Dr Pedestrian Tunnel
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 52 of 54
256 Characters Left
Sum of Private Investment Made Within This Urban Renewal Area
during FY 2017
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 53 of 54
TIF Taxing District Data Collection
Local Government Name: IOWA CITY (52G483)Urban Renewal Area: IOWA CITY RIVERSIDE DRIVE URBAN RENEWAL (52031)TIF Taxing District Name: IOWA CITY/IOWA CITY SCH/RIVERSIDE DR TIF INCRTIF Taxing District Inc. Number: 52363
TIF Taxing District Base Year: 2011
FY TIF Revenue First Received:
Subject to a Statutory end date? No
UR DesignationSlumNo
Blighted No
Economic Development No
TIF Taxing District Value by Class - 1/1/2015 for FY 2017
Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total
Assessed 0 0 30,578,483 0 0 0 30,578,483 0 30,578,483
Taxable 0 0 27,520,635 0 0 0 27,520,635 0 27,520,635
Homestead Credits 0
Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used
Fiscal Year 2017 23,812,020 6,766,463 4,731,287 2,035,176 61,892
FY 2017 TIF Revenue Received: 144,021
▲ Annual Urban Renewal Report, Fiscal Year 2016 - 2017
Created: Sun Oct 22 09:07:00 CDT 2017
Page 54 of 54