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HomeMy WebLinkAbout2025-09-02 Public hearing4, 0.110, (, NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be held by the City Council of Iowa City, Iowa, at which time the Council will consider: A resolution to amend the Comprehensive Plan future land use map from Public/Semi-Public to Residential 16-24 du/acre and the Southwest District Plan future land use map from Public Services/Institutional to Medium to High Density Multi -Family for approximately 9.9 acres of land located at 611 Greenwood Drive (CPA25-0002) An ordinance conditionally rezoning approximately 9.9 acres of land located at 611 Greenwood Drive from Neighborhood Public (P-1) zone to Medium Density Multi -Family Residential Zone with a Planned Development Oveday (OPD/RM-20) (REZ25-0010). An ordinance rezoning approximately 1.04 acres of land at 804, 810, and 824 Maiden lane; 410, 416, and 418 E. Benton Street, and 815 Gilbert Court from Intensive Commercial (CI-1) zone and Medium Density Single -Family Residential (RS-8) zone to Community Commercial (CC-2) zone. (REZ25-0011) Said public hearing will be held at 6:00 p.m. on the 2ntl of September 2025, in Emma J. Harvat Hall at City Hall, 410 E. Washington St., in said city, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk. Copies of proposed ordinances and resolutions are on file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above -mentioned time and place. Copies may also be made available by telephoning the City Clerk at 319-356-5043 or emailing kgrace@iowacity.org Anne Russell, Senior Planner 0 To- _-j CCj - rV 0 m $0� Prepared by: Olivia Zlegler. Planning Intern 410 E. Washington Street. Iowa City, IA 52240; (REMikl1) Ordinance No. Ordinance rezoning approximately 1.04 acres of land at 804, 810, and 824 Maiden Lane; 410, 416, and 418 E. Benton Street, and 815 Gilbert Court from Intensive Commercial (CI-1) zone and Medium Density Single -Family Residential (RS-8) zone to Community Commercial (CC-2) zone. (REZ25-0011) Whereas, the Owners, Sheridan Family LLC, and Frank Simon, have requested the rezoning of approximately 1.04 acres of land at 804, 810, 824 Maiden Lane; 410, 416, and 418 E. Benton Street; and 815 Gilbert Court from Intensive Commercial (CI-1) zone, and Medium Density Single - Family Residential (RS-8) zone to Community Commercial (CC-2) zone; and Whereas, the Comprehensive Plan future land use map indicates that the subject area is appropriate for Mixed Use; and Whereas, a portion of the subject property is located within the Gilbert Subdistrict of the Downtown & Riverfront Crossings Master Plan which envisions this area "designed to be a defining feature of this creative neighborhood", and includes objectives to maintain the informal and eclectic character of the neighborhood, and in terms of development character notes maintaining smaller -scale and lower intensity of use, promoting a variety of fors and materials, and the creative and adaptive use of existing structures; and Whereas, the Planning and Zoning Commission has reviewed the proposed rezoning and has recommended approval. Now, therefore, be it ordained by the City Council of the City of Iowa City, Iowa: Section I Approval. Property described below is hereby reclassified Commljty.. Covert ercial (CC-2) zone, as indicated;- -1 m All that real estate precisely described in QCDeed recorded Jan. 4, 2010, in Bk. 44, digs. 831 — 834, being located within Lyon's First Addition, Block 4, Lots 6 thru 10 inclushia, as rigwrded .in Dbk. 12 — Pg. 188, and Pbk. 2 — Pg. 31, and real estate described in Warrari*Paerirecorded Oct. 4, 1996, in Bk. 2166 — Pg. 16 all in the Johnson County, Iowa Recorders bifice, gollectively described as follows: m 418 East Benton St.: The west �/2 of the East %2, of said lots 9 and 10; and 416 East Benton St.: The East'/2 of the West %, of said Lots 9 and 10; and 410 East Benton St.: The West'/2 of the West'/2, of said lots 9 and 10; and 810 + 804 Maiden Lane: Said lots 6,7, except the East 100 ft. + the West'/2 of said Lot 8; and 815 Gilbert Court: The East'/2 of said Lot 8. Said collective Parcels contain 1.04 Acre, according to the original plat thereof, subject to several right of way easements described in said QCDeed and Warranty Deed. Section II. Zoning Mao. The building official is hereby authorized and directed to change the zoning map of the City of Iowa City, Iowa, to conform to this amendment upon the final passage, approval and publication of the ordinance as approved by law. Ordinance No. Page 2 Section III. Certification And Recording. Upon passage and approval of the Ordinance, the City Clerk is hereby authorized and directed to certify a copy of this ordinance, and record the same in the Office of the County Recorder, Johnson County, Iowa, at the Owner's expense, upon the final passage, approval and publication of this ordinance, as provided by law. Section IV. Repealer. All ordinances and parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section V. Severability. If any section, provision or part of the Ordinance shall be adjudged to be invalid or unconstitutional, such adjudication shall not affect the validity of the Ordinance as a whole or any section, provision or part thereof not adjudged invalid or unconstitutional. Section VI. Effective Date. This Ordinance shall be in effect after its final passage, approval and publication, as provided by law. Passed and approved this _ day of Mayor Attest: City Clerk Approved by City Attorney's Office 2025. 0 r O M GLI Prepared by: Anne Rossetti, senior Planner, 410 E. Washington St, Iowa City, IA; 3193.56-5230 (CPA25-0002) Resolution No. Resolution to amend the Comprehensive Plan future land use map from Public/Semi-Public to Residential 16-24 du/acre and the Southwest District Plan future land use map from Public Services/Institutional to Medium to High Density Multi -Family for approximately 9.9 acres of land located at 611 Greenwood Drive (CPA25-0002) Whereas, the Iowa City Comprehensive Plan serves as a land -use and planning policy guide by illustrating and describing the location and configuration of appropriate land uses throughout the City; by providing notification to the public regarding intended uses of land; and by illustrating the long-range growth area limit for the City; and Whereas, TWG Iowa City, LP, has requested that the future land use designation for approximately 9.9 acres of land located at 611 Greenwood Drive be changed from Public/Semi- Public to Residential 16-24 du/ac and from Public Services/Institutional to Medium to High Density Multi -Family within the Southwest District Plan, as shown in Attachment 1; and Whereas, if circumstances change and/or additional information or factors come to light, a change to the Comprehensive Plan may be in the public interest; and Whereas, circumstances have changed since the adoption of the IC2030 Comprehensive Plan and the Southwest District Plan, including the closure of the Roosevelt Elementary School in 2012, the subsequent shutdown of The Roosevelt Education Center in 2019, and the sale of the property to a private entity in 2021; and Whereas, the proposed amendment is compatible with other policies and provisions of the Comprehensive Plan, including policies that support infll redevelopment opportunities in areas where services and infrastructure are already in place, encourage a diversity of housing options in all neighborhoods, and discourage sprawl by promoting infill development; and Whereas, the Planning and Zoning Commission reviewed this proposed amendrrtant at its meeting on August 27, 2025 and determined that circumstances changed to the extetPthat an amendment to the Comprehensive Plan is warranted and in the public interest aiiffithaproposed amendment is compatible with other policies or provisions of the Comprehensive 6�b . wz�, ui Now, therefore, be it resolved by the City Council of the City of Iowa City, Iowa, that:* 1. The Comprehensive Plan future land use map is amended from PublRj�5emillfublic'to Residential 16-24 du/acre and the Southwest District Plan future land use map is5ii tended from Public Servicestinstitutional to Medium to High Density Multi -Family for approximately 9.9 acres of land located at 611 Greenwood Drive as illustrated and described in Attachment 1, attached hereto. Passed and approved this day of 2025. Mayor: Attest: Resolution No. Page 2 City Clerk City Attomey's Office s 4 O J COMPREHENSIVE PLAN EXHIBIT PORTIONS OF LOT 3 AND LOT I IN SCHOOL COMMISSIONERS SUBDIVISION OF SECTION 16, TOWNSHIP 79 NORTH, RANGE 6 WEST OF THE FIFTH PRINCIPAL MERIDIAN IOWA CITY, JOHNSON COUNTY, IOWA � OrtEK/EER ___ V:fIflNI86 «c ��Y�� FMR.ABrIN RUY615 COMPREHENSIVE PLAN EXHIBIT Nf LAND USE. FUBLID/SEM-Pl9LIC D LAr'n USE PESDENML 18-24 DU/A �Ii+ rra.acrs,or,xn S OF SV a�o-wn axcrax ZP� .'!a aw�zawMraric' ' MasCwaurµrs.1� ql Prepared by: Anne Russett, Senior Planner, 410 E. Washington Street, Iowa City, IA 52240; (REZ25-0010) Ordinance No. Ordinance conditionally rezoning approximately 9.9 acres of land located at 611 Greenwood Drive from Neighborhood Public (P-1) zone to Medium Density Multi -Family Residential Zone with a Planned Development Overlay (OPD/RM-20) (REZ25-0010). Whereas, TWG Iowa City, LP, has requested the rezoning of approximately 9.9 acres of land located at 611 Greenwood Drive from Neighborhood Public (P-1) zone to Medium Density Multi - Family Residential Zone with a Planned Development Overlay (OPD/RM-20); and Whereas, the Comprehensive Plan indicates that the subject area is appropriate for residential development at a density of 16-24 du/ac and the Southwest District Plan envisions Medium to High Density Multi -Family development; and Whereas, due to the topographic challenges with providing a sidewalk along Greenwood Drive, the rezoning creates a public need for the installation of a 10' wide publicly accessible pedestrian connection from W. Benton Street north through the subject property to Greenwood Drive; and Whereas, the rezoning creates a public need to restrict vehicular to Greenwood Drive and ensure that access is provided at a near 90-degree angle with Greenwood Drive; and Whereas, the rezoning creates a public need to improve pedestrian facilities (tough the installation of a raised crosswalk across Greenwood Drive near the entrance to the sr4e ubject to review and approval by the City Engineer; and Whereas, the Planning and Zoning Commission has determined that, with appropriate conditions regarding the improved pedestrian facilities including a raised crosswalk. and-4 10' wide public pedestrian path, vehicular access restricted to Greenwood Drive, and the driveto the site on Greenwood Drive at a near 90-degree angle the rezoning is consistenl^..Wth the Comprehensive Plan; and '? Whereas, Iowa Code §414.5 (2025) provides that the City of Iowa City may impose reasonable conditions on granting a rezoning request, over and above existing regulations, in order to satisfy public needs caused by the requested change; and Whereas, the owner, TWG Iowa City, LP has agreed that the property shall be developed in accordance with the terms and conditions of the Conditional Zoning Agreement attached hereto to ensure appropriate development in this area of the City. Now, therefore, be it ordained by the City Council of the City of Iowa City, Iowa: Section I Approval. Subject to the Conditional Zoning Agreement attached hereto and incorporated herein, property described below is hereby classed Medium Density Multi -Family Residential Zone with a Planned Development Overlay (OPD/RM-20), as indicated: ALL THAT PART OF LOT 7, IN SECTION 16, TOWNSHIP 79 NORTH, RANGE 6 WEST OF THE 5- P.M., LYING AND BEING NORTH OF THE PUBLIC HIGHWAY RUNNING FAST AND WEST (BENTON STREET) THROUGH SAID LOT 7, SAID LOT 7 BEING SO DESIGNATED ON A PLAT OF SAID SECTION 16 RECORDED IN THE OFFICE OF THE COUNTY AUDITOR OF JOHNSON COUNTY, IOWA, ON MAY 18, 1848. Ordinance No. Page 2 THIS CONVEYANCE IS MADE SUBJECT TO A LEASE COVERING THE PREMISES ABOVE DESCRIBED TO JAMES A. HENNESSEY AND REGINA HENNESSEY, EXPIRING MARCH 1, 1928, WHICH LEASE HAS BEEN ASSIGNED TO THE GRANTEE HEREIN. "709 BEGINNING AT A POINT ON THE SOUTH LINE OF LOT 3 IN SCHOOL COMMISSIONERS SUBDIVISION OF SECTION 16, TOWNSHIP 79 NORTH, RANGE 6 WEST OF THE 5Ta P.M., WHICH SAID POINT OF BEGINNING IS 1927 FEET WEST AND 670 FEET NORTH OF THE SOUTHEAST CORNER OF SAID NORTHEAST QUARTER OF SAID SECTION 16, RUNNING THENCE WEST 693 FEET, THENCE NORTH 64 FEET MORE OR LESS TO THE CENTER LINE OF MYRTLE AVENUE (NOW KNOWN AS GREENWOOD DRIVE) IN IOWA CITY, IOWA, THENCE NORTHEASTERLY ALONG THE CENTER LINE OF SAID MYRTLE AVENUE (GREENWOOD DRIVE) TO A POINT DIRECTLY NORTH OF THE PLACE OF BEGINNING, THENCE SOUTH TO THE PLACE OF BEGINNING. AS A FURTHER CONSIDERATION FOR SAID CONVEYANCE AND AS A COVENANT RUNNING WITH THE LAND, THE GRANTEE HEREIN HEREBY AGREES AND COVENANTS THAT THE EAST 60 FEET OF THE ABOVE DESCRIBED PREMISES SHALL BE AND THE SAME IS HEREBY OPENED AND DEDICATED AS A PUBLIC HIGHWAY OR STREET AND THE SAID GRANTEE SHALL NOT BE PERMIT THE SAME TO BE OBSTRUCTED OR INTERFERED WITH IN ANY WAY AS A PUBLIC STREET, AND THE SAID HIGHWAY SHALL BE KEPT OPEN FOR THE USE OF THE PUBLIC AS FULLY AND EFFECTUALLY AS IF THE SAME HAD BEEN PLATTED AND DEDICATED AND THE SAME ACCEPTED BY THE CITY OF IOWA CITY, IOWA AS A PUBLIC STREET, AND THE ACCEPTANCE THEREOF BY THE CITY OF IOWA CITY, IOWA, AS A PUBLIC STREET, AT ANY TIME HEREAFTER SHALL COMPLETE THE SAID DEDICATION AS FULLY AND EFFECTUALLY AS IF THE SAME WERE ACCEPTED BY THE CITY AT THIS TIME. GRANTEE SHALL CONSTRUCT SUCH FENCES AS SAID GRANTEE MAY DESIRE ALONG THE WEST SIDE OF THE STREET HEREIN DEDICATED BUT SHALL BE UNDER NO OBLIGATION TO CONTRUST (CONSTRUCT) AND FENCES ALONG THE EAST. SIDE OF THE STREET SO DEDICATED. Section It. Zoning Mao. The building official is hereby authorized and directed to change the zoning map of the City of Iowa City, Iowa, to conform to this amendment upon the final passage, approval and publication of the ordinance as approved by law. -' 0 Section III. Conditional Zoning Agreement. The mayor is hereby authorized and directe6to sign, and the City Clerk attest, the Conditional Zoning Agreement between the property owners) and the City, following passage and approval of this Ordinance. Section IV. Certification and Recording. Upon passage and approval of the Ordinance, the City Clerk is hereby authorized and directed to certify a copy of this ordinance and any agreements or other documentation authorized and required by the Conditional Zoning Agreement, and record the same in the Office of the County Recorder, Johnson County, Iowa, at the Owner's expense, upon the final passage, approval and publication of this ordinance, as provided by law. Section V. Repealer. All ordinances and parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section VI. Severability. If any section, provision or part of the Ordinance shall be adjudged to be invalid or unconstitutional, such adjudication shall not affect the validity of the Ordinance as a whole or any section, provision or part thereof not adjudged invalid or unconstitutional. Section VII. Effective Date. This Ordinance shall be in effect after its final passage, approval and publication in accordance with Iowa Code Chapter 380. Ordinance No. Page 3 Passed and approved this day of 2025. Mayor City Clerk Approved by City Attorney's Office co 3 J Prepared by: Anne Russelt, Senior Planner, 410 E. Washington, Iowa City, IA 52240 (REM5-0010) Conditional Zoning Agreement This agreement is made between the City of Iowa City, Iowa, a municipal corporation (hereinafter "City"), and TWG Iowa City, LP (hereinafter referred to as "Owner). Whereas, Owner is the legal title holder of approximately 9.9 acres of property located at 611 Greenwood Drive, legally described below; and Whereas, the Comprehensive Plan indicates that the subject area is appropriate for residential development at a density of 16-24 du/ac and the Southwest District Plan envisions Medium to High Density Multi -Family development; and Whereas, due to the topographic challenges with providing a sidewalk along Greenwood Drive, the rezoning creates a public need for the installation of a 10' wide publicly accessible pedestrian connection from W. Benton Street north through the subject property to Greenwood Drive; and Whereas, the rezoning creates a public need to restrict vehicular to Greenwood Drive and ensure that access is provided at a near 90-degree angle with Greenwood Drive; and Whereas, the rezoning creates a public need to improve pedestrian facilities through the installation of a raised crosswalk across Greenwood Drive near the entrance to the sitegsubject to review and approval by the City Engineer; and sA Whereas, the Planning and Zoning Commission has determined that; with l3dpropriate conditions regarding the improved pedestrian facilities including a raised crossk"a anCTA 10' wide public pedestrian path, vehicular access restricted to Greenwood Drive, and t6idriv" the site on Greenwood Drive at a near 90-degree angle the rezoning is co'"letenL-with the Comprehensive Plan; and - �? 0 Whereas, Iowa Code §414.5 (2025) provides that the City of Iowa City may impose reasonable conditions on granting a rezoning request, over and above existing regulations, in order to satisfy public needs caused by the requested change; and Whereas, the Owner agrees to develop this property in accordance with the terms and conditions of this Conditional Zoning Agreement. Now, therefore, in consideration of the mutual promises contained herein, the parties agree as follows: 1. Owner is the legal title holder of the property legally described as: ALL THAT PART OF LOT 7, IN SECTION 16, TOWNSHIP 79 NORTH, RANGE 6 WEST OF THE 5TH P.M., LYING AND BEING NORTH OF THE PUBLIC HIGHWAY RUNNING EAST AND WEST (BENTON STREET) THROUGH SAID LOT 7, SAID LOT 7 BEING SO DESIGNATED ON A PLAT OF SAID SECTION 16 RECORDED IN THE OFFICE OF THE COUNTY AUDITOR OF JOHNSON COUNTY, IOWA, ON MAY 18, 1848. THIS CONVEYANCE IS MADE SUBJECT TO A LEASE COVERING THE PREMISES ABOVE DESCRIBED TO JAMES A. HENNESSEY AND REGINA HENNESSEY, EXPIRING MARCH 1, 1928, WHICH LEASE HAS BEEN ASSIGNED TO THE GRANTEE HEREIN. AND BEGINNING AT A POINT ON THE SOUTH LINE OF LOT 3 IN SCHOOL COMMISSIONERS SUBDIVISION OF SECTION 16, TOWNSHIP 79 NORTH, RANGE 6 WEST OF THE 5TH P.M., WHICH SAID POINT OF BEGINNING IS 1927 FEET WEST AND 670 FEET NORTH OF THE SOUTHEAST CORNER OF SAID NORTHEAST QUARTER OF SAID SECTION 16, RUNNING THENCE WEST 693 FEET, THENCE NORTH 64 FEET MORE OR LESS TO THE CENTER LINE OF MYRTLE AVENUE (NOW KNOWN AS GREENWOOD DRIVE) IN IOWA CITY, IOWA, THENCE NORTHEASTERLY ALONG THE CENTER LINE OF SAID MYRTLE AVENUE (GREENWOOD DRIVE) TO A POINT DIRECTLY NORTH OF THE PLACE OF BEGINNING, THENCE SOUTH TO THE PLACE OF BEGINNING. AS A FURTHER CONSIDERATION FOR SAID CONVEYANCE AND AS A COVENANT RUNNING WITH THE LAND, THE GRANTEE HEREIN HEREBY AGREES AND COVENANTS THAT THE EAST 60 FEET OF THE ABOVE DESCRIBED PREMISES SHALL BE AND THE SAME IS HEREBY OPENED AND DEDICATED AS A PUBLIC HIGHWAY OR STREET AND THE SAID GRANTEE SHALL NOT BE PERMIT THE SAME TO BE OBSTRUCTED OR INTERFERED WITH IN ANY WAY AS A PUBLIC STREET, AND THE SAID HIGHWAY SHALL BE KEPT OPEN FOR THE USE OF THE PUBLIC AS FULLY AND EFFECTUALLY AS IF THE SAME HAD BEEN PLATTED AND DEDICATED AND THE SAME ACCEPTED BY THE CITY OF IOWA CITY, IOWA AS A PUBLIC STREET, AND THE ACCEPTANCE THEREOF BY THE CITY OF IOWA CITY, IOWA, AS A PUBLIC STREET, AT ANY TIME HEREAFTER SHALL COMPLETE THE SAID DEDICATION AS FULLY AND EFFECTUALLY AS IF THE SAME WERE ACCEPTED BY THE CITY AT THIS TIME. GRANTEE SHALL CONSTRUCT SUCH FENCES AS SAID GRANTEE MAY DESIRE ALONG THE WEST SIDE OF THE STREET HEREIN DEDICATED BUT SHALL BE UNDER NO OBLIGATION TO CONTRUST (CONSTRUCT) AND FENCES ALONG TI: EAST SIDE OF THE STREET SO DEDICATED. 2. Owner acknowledges that the City wishes to ensure conformance to thergifi cip4'3 of the. Comprehensive Plan. Further, the parties acknowledge that Iowa Cod6.§4141F(2025) provides that the City of Iowa City may impose reasonable conditions"on grantinga. rezoning request, over and above the existing regulations, in order to satisfy public needs': caused by the requested change. 3. In consideration of the City's rezoning the subject property, Owner agrees that development of the subject property will conform to all requirements of the Zoning Code, as well as the following conditions: a. Prior to issuance of a Certificate of Occupancy, installation of a 10' wide pedestrian connection and dedication of an associated public access easement along the eastern portion of the property to extend from W. Benton Street to Greenwood Drive. Pedestrian path shall also include pedestrian scale lighting to be reviewed and approved by the City during the site plan review process. Lighting shall be installed and maintained by the Owner. b. Vehicular access to the site from W. Benton Street is restricted to emergency vehicles only. c. Prior to issuance of Certificate of Occupancy, installation of a raised crosswalk across Greenwood Drive near the entrance to the site subject to review and approval by the City Engineer. d. As part of the site plan approval, ensure that the design of the access drive from Greenwood Drive to the subject property is at or near a 90-degree angle subject to review and approval by the City Engineer. 4. The conditions contained herein are reasonable conditions to impose on the land under Iowa Code §414.5 (2025), and said conditions satisfy the public needs that are caused by the requested zoning change. 5. This Conditional Zoning Agreement shall be deemed to be a covenant running with the land and with title to the land, shall inure to the benefit of and bind all successors, representatives, and assigns of the parties, and shall remain in full force and effect unless and until released of record by the City for the above -described property, upon which occurrence these conditions shall be deemed satisfied and this agreement of no further force and effect. Nothing in this Conditional Zoning Agreement shall be construed to relieve the Owner from complying with all other applicable local, state, and federal regulations. 6. This Conditional Zoning Agreement shall be incorporated by reference into the ordinance rezoning the subject property, and that upon adoption and publication of the ordinance, this agreement shall be recorded in the Johnson County Recorder's Office at the Owner's expense. Dated this day of City of Iowa City Bruce Teague, Mayor Attest: Kellie Grace, City Clerk Approved by: City Attorney's Office City of Iowa City Acknowledgement: State of Iowa ) ) ss: Johnson County ) 2025. TING Iowa City, LP By: r: c� fV O J This instrument was acknowledged before me on 2025 by Bruce Teague and Kellie Grace as Mayor and City Clerk, respectively, of the City of Iowa City. Notary Public in and for the State of Iowa (Stamp or Seal) My commission TWG Iowa City, LP Acknowledgement: State of _ County of This record was acknowledged before me on , 2025 by (name) as (title) of TWG Iowa City, LP Notary Public in and for the State of Iowa (Stamp or Seal) My commission c - - r•o o (To be published between: August 19, 2025 and August 29, 2025) Notice of Meeting of the City Council of the City of Iowa City, State of Iowa, on the Matter of the Proposed Authorization of a Loan and Disbursement Agreement and the Issuance of Not to Exceed $36,000,000 Sewer Revenue Capital Loan Notes, and the Public Hearing on the Authorization and Issuance Thereof Public Notice is hereby given that the City Council of the City of Iowa City, State of Iowa, will hold a public hearing on the 2n4 day of September, 2025, at 6:00 P.M., in the Emma J. Harvat Hall, City Hall, 410 E. Washington, Iowa City, Iowa, at which meeting the Council proposes to take additional action for the authorization of a Loan and Disbursement Agreement by and between the City and the Iowa Finance Authority and the issuance to the Iowa Finance Authority of not to exceed $36,000,000 Sewer Revenue Capital Loan Notes, to evidence the obligations of the City under said Loan and Disbursement Agreement, in order to provide funds to pay the costs of the acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Sewer System, including costs associated with Phase I of the Wastewater Treatment Facility Digester Rehabilitation project. The Notes will not constitute general obligations or be payable in any manner by taxation, but will be payable from and secured by the Net Revenues of the Municipal Sewer System. At the above meeting the City Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the City Council will at this meeting or at any adjournment thereof, take additional action for the authorization of a Loan and Disbursement Agreement and the issuance of Notes to evidence the obligation of the City thereunder or will abandon the proposal to issue the Notes. This Notice is given by order of the City Council of the City of Iowa City, State of Iowa, as provided by Sections 384.24A and 384.83 of the Code of Iowa, as amended. Dated this 19th day of August, 2025. 4930-65367244-1110714-145 r- r s/Kellie Grace. City Clerk, --� City of Iowa City, State of Iowa (End of Notice)