Wapello’s proposed urban renewal zone will provide fiscal incentives for community development

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WAPELLO – A resolution setting a public hearing on December 16, 2021 to consider the designation of a Wapello 2021 urban renewal area project was approved by city council on Thursday at its regular meeting.

Following the meeting, Wapello City Clerk Mike Delzell said council approved the action in the presence of four seven-member council members. He identified the four, who all voted in favor of the resolution, as Larry Wagg, Charles Wagg, Richard Taylor and Tony Hammer.

In addition to the designation, the public hearing will also consider the plan and projects for the proposed urban renewal area.

A key project that would be included in the area is the establishment of a combined Dollar Tree / Family Dollar store on the grounds of the former Jack and Jill grocery store.

According to previous discussions, the current building is expected to be demolished and a new building that will house the combined retail businesses will be constructed.

Previous discussions have also indicated that the urban renewal zone is a critical step in the process. Once the zone is created, it can provide a mechanism to provide developers with land tax incentives that will encourage development.

In another effort to boost community development, the council also approved a resolution establishing a housing steering committee to support the rural housing readiness assessment initiative.

Louisa Development Group executive director Cole Smith had previously spoken to the board about the initiative. He had indicated that the assessment could help the community to self-assess its housing needs and guide it as decisions are made to meet those needs.

In addition to the resolution establishing the committee, the board also approved the first reading of an ordinance setting out the role, composition and functions of the committee.

Because there were only four board members at the meeting, Delzell said they could not waive the second or third reading of the ordinance, which will be presented for further reading in future. board meetings.

In another action, the board approved the appointment of Dayna Kinsey to the city library board. She will replace Mary Ann Toland, who recently resigned.

It also approved a first payment of $ 180,203 to Norris Asphalt Paving Company in Ottumwa for widening and paving work on Mill Street.

The October 2021 Treasurer’s Report was approved; as well as the TIF debt certificate for fiscal year 20-21.

As a last resort, council approved a resolution to transfer $ 175 each from the City’s Water Fund and its Sewerage Fund to the Debt Service Fund to cover an interest payment related to the 2012 general obligation of the City.

Delzell said there was no committee or council report. Mayor Shawn Maine has signaled that work needs to be done at the Briggs Civic Center, he added.

This article originally appeared on The Hawk Eye: Wapello is organizing a public hearing for the urban renewal area, the proposed projects


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