WATERLOO — Progress on Waterloo projects and their budgets will be a focus of the City Council Monday.
The meeting is at 5:30 p.m. in the council chambers of City Hall.
The bulk of the agenda is made up of public hearings and resolutions regarding the city’s tax increment financing districts. City officials will provide project updates in nine public hearings.
Later in the night, the council will consider approving resolutions for those nine areas related to certifications for the Black Hawk County auditor. The city could also approve the electronic submission of last fiscal year’s TIF reports to the state of Iowa.
These TIFs are labeled as East Unified; Schoitz, near the area of Kimball and Ridgeway avenues; University Avenue; Crossroads; Downtown; Northeast Industrial Park; Martin Road; San Marnan; and Rath.
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The council is also expected to receive and file recommendations from the Waterloo Safe Neighborhoods Commission, which started in the summer of 2022 as part of an effort to reduce gun violence in the city.
In other business, the council will consider approving:
- A resolution to issue no more than $1.01 million in sewer revenue capital loan notes.
An ordinance to rezone almost 3 acres at 438 W. Airline Highway for a trucking business, requested by Schott’s Trucking, LLC.
- A three-year software contract with Polco for $40,000 for community engagement for budget simulation, capital improvement project prioritization and taxpayer receipts.
- A development and minimum assessment agreement with The Martin Flats, LLC, for rehabilitation of 319 E. Fourth St. into commercial and residential space, including a grant of $199,000 and rebates for 15 years at 70%, with a minimum assessed value of $993,060.
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